Academic Solutions Academy Inc

Charity Navigator Rating: Needs Improvement - Overall score: 60%, earning a Two-Star out of Four Star rating

Academic Solutions Academy Inc has received a Two-Star rating from Charity Navigator, indicating that there are significant areas requiring improvement. The organization demonstrates a high level of independence with its board members, scoring well in governance metrics. However, the lack of financial transparency is a notable concern, as evidenced by missing financial statements and a poor liability-to-assets ratio.

While the program expense ratio is commendable at 74.20%, indicating a strong focus on programmatic spending, the organization struggles with essential policies and documentation. Key governance documents such as a whistleblower policy and a document retention policy are missing, which could pose risks to accountability and operational integrity.

Additionally, the high salaries of key personnel raise questions about financial management and prioritization of resources. Overall, while the organization shows potential in governance and program spending, there are critical areas that need attention to enhance transparency and accountability.

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

Academic Solutions Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Academic Solutions 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: $527,248
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,046,763

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