Pre-K Preparatory Learning Academy

Charity Navigator Rating: 69% (Two-Star out of Four Star rating)

Pre-K Preparatory Learning Academy has received a Two-Star rating with an overall score of 69%. This reflects a mixed performance in accountability and finance, indicating areas of strength and concerns. The organization scores well in aspects such as having a majority of independent board members and maintaining a favorable liabilities to assets ratio, which suggests a sound structure in governance and financial stability.

However, the organization faces significant challenges in transparency and policy adherence, as indicated by a score of 0 in key areas such as financial statements and conflict of interest policies. The absence of a whistleblower policy and document retention procedures further highlights weaknesses in governance practices. Importantly, while the program expense ratio is commendably high at 100%, reflecting that all expenses are directed towards program activities, the lack of financial disclosure points raises questions about accountability.

In summary, while Pre-K Preparatory Learning Academy demonstrates a commitment to its mission with strong program spending, it must address significant gaps in financial transparency and governance policies to improve its overall rating and public trust.

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

Pre-K Preparatory Learning Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pre-K Preparatory Learning 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: $63,411
Professional Fundraising Fees: $0
Other Salaries and Wages: $169,496

For more financial information, click here

Official website here: www.preparatorylearningacademy.com