Academy Of Learning Inc

Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement) with a score of 70%. This rating indicates that Academy Of Learning Inc has some strengths in financial accountability but also significant areas needing attention. The organization has a high program expense ratio of 68.90%, suggesting that a large portion of its funds is directed toward its mission-related activities.

Despite these positives, the nonprofit struggles with governance issues, as evidenced by the lack of independent board members (0%). Additionally, several critical policies, such as conflict of interest and whistleblower policies, are missing, which raises concerns regarding transparency and accountability. The absence of a listed website on the tax form further diminishes the organization's credibility.

Financially, the organization maintains a low liabilities to assets ratio of 7.82%, indicating good financial health. However, the lack of essential documents and policies can impact trust and operational effectiveness. Overall, while the Academy Of Learning Inc shows promise in its program spending, its governance practices need significant improvement.

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

Academy Of Learning Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Academy Of Learning 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: $17,547
Professional Fundraising Fees: $0
Other Salaries and Wages: $173,600

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