Core Education Academy

Charity Navigator Rating: 54% (One-Star out of Four Stars)

Core Education Academy has received a low rating of 54% from Charity Navigator, indicating concerns regarding its accountability and financial management. The score is solely based on the Accountability & Finance criteria, which raises red flags about the organization's governance practices, particularly the lack of independent board members and missing critical policies such as conflict of interest and whistleblower protections.

Despite these weaknesses, the organization demonstrates a commendable commitment to program expenses, with an impressive program expense ratio of 96.79%. This suggests that the majority of its funds are directed towards its educational programs rather than administrative costs, which is a positive aspect of its operations. Additionally, the organization's liabilities to assets ratio is favorable at 4.67%, indicating financial stability.

However, the absence of financial statements and several key policies hampers its overall accountability score. The lack of transparency in financial reporting and governance structures may diminish donor confidence. Overall, while Core Education Academy excels in program spending, significant improvements are necessary in governance and financial disclosure to enhance its rating and public trust.

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

Core Education Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Core Education 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: $189,067
Professional Fundraising Fees: $0
Other Salaries and Wages: $662,174

For more financial information, click here

Official website here: www.coreacademy.net