Believe I Can Academy Inc

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Stars, 74%)

Believe I Can Academy Inc has received a Two-Star rating from Charity Navigator, indicating a need for improvement in various accountability and financial practices. The organization scored well in areas such as having a fully independent board and a strong program expense ratio, reflecting its commitment to its mission and effective resource allocation towards programs.

Despite these strengths, the organization faces significant limitations, particularly in transparency and governance. Key documents, including financial statements, tax forms, and policies such as whistleblower and document retention, are missing, which adversely affects its accountability rating. Also, while it has a low liabilities to assets ratio, the lack of public financial information could raise concerns among potential donors about the organization’s fiscal health.

On a positive note, Believe I Can Academy Inc shows a strong dedication to equity strategies and community engagement, scoring 100% in these areas. Addressing the gaps in documentation and transparency could enhance its rating and public trust, ultimately enabling it to better fulfill its mission.

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

Believe I Can Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Believe I Can 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: $54,695
Professional Fundraising Fees: $0
Other Salaries and Wages: $92,608

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