Chesapeake Christian Academy

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

Chesapeake Christian Academy has received a rating of two stars from Charity Navigator, reflecting a score of 69%. This indicates that while the organization demonstrates some strengths in governance, such as having 100% independent board members and a solid program expense ratio of 70.34%, it still has notable areas requiring significant improvement. The organization’s financial management is questioned due to the absence of financial statements and several missing governance policies.

The accountability and finance score of 69 shows that although the academy has strengths in certain governance aspects, it lacks critical policies like conflict of interest and whistleblower protections. These missing components may raise concerns regarding transparency and accountability, which are essential for fostering trust with donors and stakeholders.

Despite these limitations, the organization does manage its assets well, with a low liabilities to assets ratio of 0.06%. Addressing the gaps in documentation and policies could enhance its rating in future evaluations and improve overall operational effectiveness.

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

Chesapeake Christian Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chesapeake Christian 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: $147,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $420,908

For more financial information, click here

Official website here: www.chesapeakechristianacademy.com