Providence Preparatory Academy Inc

Charity Navigator Rating: 68% (Two-Star out of Four Star rating)

Providence Preparatory Academy Inc has received a 68% score from Charity Navigator, which translates to a Two-Star rating. This rating reflects a moderate level of accountability and financial health for the organization. The nonprofit benefits from a fully independent board, which is a positive indicator of governance, and it also shows strong program expense efficiency, utilizing 100% of its expenses towards programs.

However, there are several notable weaknesses in the organization’s financial reporting and transparency. The absence of financial statements and key policies, such as a whistleblower and document retention policy, indicates gaps in accountability practices that could affect stakeholder trust. Additionally, the nonprofit's website is not listed on its tax form, and critical documents like meeting minutes and tax forms are not readily available to the public.

Overall, while Providence Preparatory Academy Inc demonstrates effective program expenditure, the lack of financial documentation and transparency about its operations may raise concerns among potential donors and stakeholders. It is essential for the organization to address these shortcomings to improve its rating and bolster confidence in its stewardship.

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

Providence Preparatory Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Providence Preparatory 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: $492,076

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