Saints Peter & Paul Academy

Charity Navigator Rating: 58%, One-Star out of Four Stars

Saints Peter & Paul Academy has received a One-Star rating from Charity Navigator, reflecting a score of 58%. This rating indicates significant room for improvement, particularly in the areas of accountability and financial transparency. The organization lacks independent board members and has not provided sufficient financial statements, which are crucial for donor confidence and public trust.

Despite these challenges, the organization does exhibit strengths in certain areas. For example, it has a high program expense ratio of 100%, indicating that all funds are directed towards its programs. Additionally, it has a low liabilities to assets ratio of 3.05%, demonstrating solid financial stability in terms of debt management.

However, the absence of key governance policies such as a whistleblower policy and document retention guidelines raises concerns about the organization's overall accountability. Also, the lack of posted financial documents on their website limits transparency for potential donors and stakeholders. Overall, while Saints Peter & Paul Academy is effectively using its funds for programs, it must enhance its governance practices and financial reporting to improve its rating and build trust within the community.

This AI summary has been generated from information found on Charity Navigator.

Saints Peter & Paul Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Saints Peter & Paul Academy submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Heare are some key statistics you may want to consider:

Executive Compensation: $65,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $436,995

For more financial information, click here

Official website here: www.sppacademy.org