Riverside Arts Academy

Charity Navigator Rating: 53%, One-Star out of Four Star rating

Riverside Arts Academy has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial management practices. The organization scored 53% overall, with its accountability and finance score mirroring this rating. Notably, the board lacks independent members and has not implemented essential policies related to conflicts of interest, whistleblower protections, and document retention, which are critical for ensuring transparency and governance.

Despite these shortcomings, Riverside Arts Academy demonstrates a strong commitment to its programming, with an impressive program expense ratio of 82.90%. This suggests that a significant portion of its financial resources is allocated directly towards its mission-related activities, which is a positive reflection of the organization's dedication to serving its community through the arts.

However, the absence of independent oversight and necessary policies raises concerns about the organization's governance structure. Stakeholders and potential donors may want to consider these limitations alongside the commendable program focus when evaluating their support for Riverside Arts Academy.

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

Riverside Arts Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Riverside Arts Academy 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: $215,473

For more financial information, click here

Official website here: www.riversideartsacademy.com