Marlboro Academy Inc

Charity Navigator Rating: Needs Improvement

Marlboro Academy Inc has received a two-star rating from Charity Navigator, indicating areas that require attention. The organization achieved a 69% overall score, reflecting reasonable performance in certain areas, particularly in board independence and financial management. Notably, the majority of board members are independent, which contributes positively to governance practices.

However, the organization has significant shortcomings in its accountability practices. It lacks a conflict of interest policy, a whistleblower policy, and fails to maintain a document retention and destruction policy, all of which are essential for transparency and good governance. These weaknesses may raise concerns about the organization's commitment to ethical practices.

Despite these issues, Marlboro Academy maintains a strong program expense ratio, with nearly 88% of its expenses directed towards programs, suggesting that it prioritizes its mission. The liabilities to assets ratio is also healthy, indicating that the organization is managing its financial obligations effectively. Overall, while there are strengths in financial management, the lack of robust accountability measures is a notable limitation.

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

Marlboro Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Marlboro 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: $112,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $893,463

For more financial information, click here

Official website here: www.marlboroacademy.com