Gretna Elite Academy

Charity Navigator Rating: 62%, Two-Star out of Four Star rating.

Gretna Elite Academy has received a 62% rating from Charity Navigator, indicating a need for improvement in various areas of accountability and finance. The organization demonstrates strong governance with a fully independent board, scoring full points for board independence and size. Additionally, it maintains a high program expense ratio of 92.14%, suggesting that a significant portion of its funding is directed toward its programs.

However, the organization has notable weaknesses that impact its overall rating. It has not provided financial statements, which resulted in a zero score in that category. Furthermore, it lacks essential policies such as conflict of interest and whistleblower policies, which are critical for transparency and accountability. The absence of these documents and policies may raise concerns among potential donors regarding how the organization manages its operations and financial practices.

Overall, while Gretna Elite Academy shows strengths in governance and program spending, its lack of financial transparency and missing essential policies hinder its effectiveness as a nonprofit. Improved disclosure and enhanced governance practices could significantly bolster its rating in the future.

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

Gretna Elite Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gretna Elite 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: $0

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Official website here: www.gretnaeliteacademy.com