Karah Academy Of Dance And Performing Arts

Charity Navigator Rating: Zero-Star out of Four Star rating

Karah Academy Of Dance And Performing Arts has received a zero-star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The overall score of 43% reflects serious shortcomings, particularly in areas such as board independence and financial transparency.

One of the most notable weaknesses is the absence of independent board members, which raises questions about governance and oversight. Additionally, the nonprofit has not provided financial statements, further complicating efforts to assess its financial health. While it has policies for conflict of interest and whistleblowing, the lack of documented retention and destruction policies, as well as missing tax form disclosures on its website, contribute to its low rating.

On a positive note, the organization has maintained a low liabilities-to-assets ratio, indicating a manageable level of debt. Furthermore, the program expense ratio suggests that a majority of its funding is directed towards its mission-related activities. However, without transparent financial documentation and independent oversight, potential donors and stakeholders may be cautious about supporting the organization.

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

Karah Academy Of Dance And Performing Arts is a legitimate nonprofit organization registered as a 501(c)(3) entity. Karah Academy Of Dance And Performing Arts 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: $44,785
Professional Fundraising Fees: $6,358
Other Salaries and Wages: $98,935

For more financial information, click here

Official website here: www.karahacademy.org