The Black Swan Academy Inc

Charity Navigator Rating: 41%, Zero-Star out of Four Star rating.

The Black Swan Academy Inc has received a low score of 41% from Charity Navigator, resulting in a Zero-Star rating. This score highlights significant concerns regarding the organization's financial transparency and management practices. While the board of directors is entirely independent, showing a strength in governance, the lack of financial statements is a major red flag, indicating insufficient accountability regarding the charity's financial health.

The organization does demonstrate several positive governance practices, such as having independent board members, a conflict of interest policy, and a whistleblower policy in place. However, the absence of accessible financial documents raises questions about the charity's overall fiscal responsibility. Furthermore, the program expense ratio of 47.05% indicates that less than half of the organization's expenses are directed toward its programs, which is a concern for potential donors who seek assurance that their contributions are effectively used.

Overall, while The Black Swan Academy Inc shows some strengths in governance structure, its lack of financial transparency and poor program expense ratio suggest potential limitations that donors should consider before supporting the organization.

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

The Black Swan Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Black Swan 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: $91,731
Professional Fundraising Fees: $0
Other Salaries and Wages: $428,206

For more financial information, click here

Official website here: www.blackswanacademy.org/