Riverfield Academy

Charity Navigator Rating: Needs Improvement

Riverfield Academy currently holds a Two-Star out of Four Star rating with an overall score of 67% from Charity Navigator, indicating significant areas for improvement in its accountability and financial practices. While the organization boasts a fully independent board, which is a positive aspect, it faces serious deficiencies in transparency, as evidenced by the lack of financial statements and missing key organizational policies.

The absence of essential documents, such as a conflict of interest policy and a whistleblower policy, raises concerns about the governance of the nonprofit. Additionally, the missing website link on the tax form and financial information not posted on the nonprofit's website contribute to a lack of accountability. On the positive side, the academy has a robust program expense ratio, demonstrating effective use of its funds toward mission-driven activities.

In summary, while Riverfield Academy exhibits strong independent governance, the significant gaps in transparency and financial reporting need to be addressed to improve its standing and public trust. Moving forward, implementing necessary policies and ensuring better availability of financial documents will be crucial for enhancing its accountability and overall rating.

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

Riverfield Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Riverfield 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: $77,249
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,614,501

For more financial information, click here