The Kings Academy Inc

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

The Kings Academy Inc has received a One-Star rating from Charity Navigator, indicating a below-average performance in terms of accountability and finance. The organization scored a total of 58%, with significant concerns highlighted, particularly regarding its board composition, where no independent members are present. This lack of independence raises questions about governance and oversight within the organization.

One area where The Kings Academy Inc excels is in its financial management, evidenced by a program expense ratio of 70.31%. This suggests that a substantial portion of its expenses is directed towards its programs rather than administrative costs. Additionally, the organization maintains a favorable liabilities to assets ratio of 8.60%, which indicates sound financial health in terms of its obligations.

However, the organization falls short in governance practices, notably lacking a whistleblower policy and a document retention and destruction policy, which are essential for transparency and accountability. Moreover, the absence of independent board members and the lack of publicly posted financial statements are critical gaps that potential donors may want to consider before contributing.

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

The Kings Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Kings Academy Inc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $836,872

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Official website here: www.kingsacademy.com