Sequitur Classical Academy

Charity Navigator Rating: 58%, One-Star out of Four Stars

Sequitur Classical Academy has received a low rating of 58% from Charity Navigator, indicating significant concerns in its accountability and financial practices. Although the organization demonstrates strong governance with 87% of its board members being independent, the lack of critical policies such as a whistleblower policy and document retention raises red flags about its operational transparency.

On the positive side, the academy has a commendable program expense ratio of 82.91%, suggesting that a large proportion of its funds are directed toward its programs. Additionally, it has no reported material diversion of assets, which points to a degree of financial integrity. However, the high liabilities to assets ratio of 82.57% could indicate potential financial instability.

The absence of certain required documents on its website, including its tax form, further detracts from the organization’s overall score. While there are strengths in governance and program funding, addressing these limitations would be essential for improving its accountability and overall performance rating in the future.

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

Sequitur Classical Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sequitur Classical 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: $55,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $366,023

For more financial information, click here

Official website here: www.sequiturbr.com