Emerald Charter Schools

Charity Navigator Rating 85% - Three-Star out of Four Star Rating

Emerald Charter Schools has achieved an overall score of 85%, which reflects solid performance in accountability and finance. The charity's score is primarily derived from a single beacon score, indicating a strong emphasis on financial health and governance. The organization boasts a fully independent board, which is a positive indicator of its commitment to transparency and ethical decision-making.

Strengths include a perfect score in several categories such as financial statement audits and the absence of material asset diversion. Additionally, the charity has demonstrated effective financial practices, with a high program expense ratio of 95.63%, suggesting that most of its funds are directed toward its educational programs rather than administrative costs.

However, there are areas for improvement, particularly in the liabilities to assets ratio, which stands at 59.94%. While this figure does not indicate immediate concern, it suggests the organization could enhance its financial stability moving forward. Overall, Emerald Charter Schools shows strong accountability practices, making it a trustworthy option for donors.

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

Emerald Charter Schools is a legitimate nonprofit organization registered as a 501(c)(3) entity. Emerald Charter Schools 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: $3,600,481

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Official website here: www.emeraldcharterschools.org