San Francisco Elite Academy

Charity Navigator Rating: Needs Improvement

San Francisco Elite Academy has received a Two-Star out of Four Star rating from Charity Navigator, with an overall score of 69%. This rating indicates that while the organization demonstrates some strengths in governance, such as having a fully independent board and maintaining a good liabilities to assets ratio, it faces significant challenges in financial transparency. The absence of financial statements and key policies like conflict of interest and whistleblower protections has contributed to its lower score.

The academy's program expense ratio is commendable at 84.61%, suggesting that a substantial portion of its spending goes directly to its programs rather than administrative costs. However, the lack of posted tax forms and essential governance documents raises concerns about its accountability practices. This gap in documentation could impact trust among donors and stakeholders.

Overall, while San Francisco Elite Academy shows a commitment to its mission through program spending, the deficiencies in financial oversight and governance policies highlight areas that need improvement. Addressing these issues could enhance its rating and strengthen public confidence in its operations.

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

San Francisco Elite Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. San Francisco Elite 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: $93,996
Professional Fundraising Fees: $0
Other Salaries and Wages: $997,981

For more financial information, click here

Official website here: www.sfeliteacademy.org