Faustina Academy

Charity Navigator Rating: Needs Improvement. Overall score: 69%, earning a Two-Star out of Four Star rating. This rating indicates that Faustina Academy has significant room for improvement in its financial accountability and transparency practices. While the organization demonstrates strong governance features, such as having 100% independent board members and a high program expense ratio, the absence of essential financial documents limits its overall rating.

The organization excels in its program expense ratio, directing 93.70% of its expenses towards programs, which reflects a strong commitment to its mission. Additionally, it has no material diversion of assets, indicating good financial stewardship. However, the lack of crucial policies, such as a conflict of interest policy and a whistleblower policy, raises concerns about the organization's governance practices.

Limitations noted in the data include the absence of financial statements and the failure to post tax forms on its website, which are critical for maintaining trust and transparency with donors. The organization would benefit from addressing these gaps to improve its accountability and overall performance rating in the future.

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

Faustina Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Faustina 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: $83,417
Professional Fundraising Fees: $0
Other Salaries and Wages: $699,048

For more financial information, click here

Official website here: www.faustinaacademy.com