Academie Lafayette Real Estate Holdings

Charity Navigator Rating: Needs Improvement (61%, Two-Star out of Four Star rating)

Academie Lafayette Real Estate Holdings has received a rating of 61% from Charity Navigator, indicating a need for improvement in various operational areas. The organization excels in maintaining a majority independent board and demonstrates strong accountability in certain metrics, such as the material diversion of assets and the documentation of board meeting minutes. However, their overall rating reflects significant shortcomings in critical governance policies.

The nonprofit's low scores in areas such as the conflict of interest policy, whistleblower policy, and document retention practices raise concerns about transparency and ethical governance. Additionally, the organization has not posted its tax forms on its website, which can hinder public trust and accountability. Although it maintains a commendable program expense ratio, the liabilities to assets ratio is troubling and merits further examination.

Potential supporters and stakeholders should weigh these strengths and weaknesses carefully. Improvements in governance and financial transparency could bolster the organization’s performance and enhance its reputation in the community.

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

Academie Lafayette Real Estate Holdings is a legitimate nonprofit organization registered as a 501(c)(3) entity. Academie Lafayette Real Estate Holdings 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: $0

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Official website here: www.academielafayette.org