Tri-County Apprenticeship Academy Inc

Charity Navigator Rating: 29%

Tri-County Apprenticeship Academy Inc has received a rating of 29%, which corresponds to a Zero-Star out of Four Star rating. This score indicates significant concerns regarding the organization's accountability and financial management practices. While the nonprofit does have a majority of independent board members and maintains documented board meeting minutes, it lacks essential financial transparency, as evidenced by missing financial statements and failure to post its tax form on its website.

Despite demonstrating positive attributes such as a conflict of interest policy, whistleblower policy, and document retention practices, the absence of these critical policies undermines the organization's credibility. Furthermore, the program expense ratio of 25.41% is notably low, suggesting that a minimal portion of its funds is directed towards its actual programs. This raises questions about the effectiveness and impact of its initiatives.

In summary, while Tri-County Apprenticeship Academy Inc has some governance strengths, the overall rating highlights serious limitations in financial accountability and transparency. Potential donors and supporters may want to consider these factors when evaluating their support for the organization.

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

Tri-County Apprenticeship Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tri-County Apprenticeship 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: $81,819
Professional Fundraising Fees: $0
Other Salaries and Wages: $184,441

For more financial information, click here

Official website here: www.tcaafl.com