Good Foundations Academy

Charity Navigator Rating: 76% (Three-Star out of Four Star rating)

Good Foundations Academy has received a Three-Star rating from Charity Navigator, reflecting a solid performance in accountability and finance, which is the sole factor in determining their score. The organization has demonstrated strengths in board independence and governance practices, achieving full points for an entirely independent board and their financial oversight committee. Additionally, their program expense ratio is notably high, indicating that nearly all of their expenditures support their mission-driven activities.

However, there are significant limitations in their accountability practices. The organization has not implemented a whistleblower policy or a document retention and destruction policy, which are crucial for transparency and ethical governance. Furthermore, the failure to post tax forms on their website, as required, is also a concern, detracting from their overall accountability.

While Good Foundations Academy exhibits strong financial health and a dedicated board, the absence of key policies and practices raises questions about their governance framework. Addressing these areas could enhance their accountability and potentially improve their rating in the future.

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

Good Foundations Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Good Foundations 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: $114,988
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,814,796

For more financial information, click here

Official website here: www.gfautah.org