Primoris Academy Inc

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Stars)

Primoris Academy Inc has received a two-star rating from Charity Navigator, indicating a need for improvement in its accountability and finance practices. The organization scored 73% overall, with notable strengths in having a fully independent board and a strong liabilities to assets ratio, showcasing effective governance in those areas. However, the lack of transparency in financial statements and failure to meet several other accountability benchmarks has raised concerns.

The organization does well in certain areas such as material diversion of assets and maintaining a conflict of interest policy. However, it has significant shortcomings, including not posting its tax form on its website, lacking a whistleblower policy, and deficiencies in document retention practices. These issues can impact the trust and confidence of donors and stakeholders.

Overall, while Primoris Academy Inc demonstrates some positive governance features, the significant gaps in financial accountability and transparency suggest that potential supporters should do their due diligence before contributing. Addressing these limitations could enhance the organization's credibility and operational effectiveness moving forward.

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

Primoris Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Primoris 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,369,601

For more financial information, click here

Official website here: www.primorisacademy.org