Premier Academy

Charity Navigator Rating: 91%, Four-Star out of Four Star Rating

Premier Academy has achieved a commendable Four-Star rating from Charity Navigator, indicating a strong performance in accountability and financial health. With a score of 91%, the organization demonstrates a commitment to transparency and responsible financial management, which is crucial for maintaining donor trust and support.

The organization excels in several key areas, including having a fully independent board and a robust audit and oversight committee. Their policies on conflicts of interest, whistleblowing, and document retention are all well-established, reflecting a solid governance structure. Additionally, Premier Academy allocates a significant portion of its expenses to programs, with an impressive program expense ratio of 82.82%.

However, there are areas where improvements could be made, particularly in the liabilities to assets ratio, which stands at 53.91%. While this is not alarming, it indicates a balance that could be optimized for better financial stability. Overall, Premier Academy showcases strong operational practices but should aim to further enhance its financial ratios to bolster its already positive standing.

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

Premier Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Premier 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,769,684

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