Summit Charter School

Charity Navigator Rating 88% - Three-Star out of Four Star rating

Summit Charter School received a commendable Three-Star rating from Charity Navigator, reflecting its strong accountability and financial practices. The organization boasts a fully independent board of directors, which enhances its governance and oversight, while maintaining a solid financial structure with a low liabilities-to-assets ratio and a high program expense ratio, indicating effective use of funds toward its mission.

However, there are areas for improvement, particularly concerning the absence of certain policies. The lack of a whistleblower policy and a document retention strategy raises some concerns about transparency and accountability. Additionally, the failure to post its tax form on its website could hinder potential donors from accessing vital organizational information.

Overall, Summit Charter School demonstrates a commitment to strong financial management and governance, but addressing the missing policies and documentation would further bolster its credibility and accountability to stakeholders.

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

Summit Charter School is a legitimate nonprofit organization registered as a 501(c)(3) entity. Summit Charter School 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: $174,100
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,149,134

For more financial information, click here

Official website here: www.summitschool.org