Heritage Academy Of Nc Inc

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

Heritage Academy of NC Inc has received a One-Star rating from Charity Navigator, which indicates significant concerns regarding its accountability and financial management practices. The organization scored 54% overall, reflecting weaknesses particularly in board independence, transparency, and documentation practices. The lack of independent board members and the absence of financial statements are particularly notable issues that affect the charity's credibility.

Despite the concerning governance issues, Heritage Academy shows a strong commitment to its mission, as evidenced by its program expense ratio of 82.14%. This suggests that a significant portion of its funding is directed towards its programs rather than administrative costs, which indicates a focus on its objectives. However, the missing elements such as a whistleblower policy and documentation of board meeting minutes raise questions about operational integrity and accountability.

Overall, while Heritage Academy of NC Inc demonstrates effectiveness in program expenditure, the deficiencies in governance and transparency pose challenges that could impact donor confidence and long-term sustainability. Potential supporters may want to consider these factors before contributing.

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

Heritage Academy Of Nc Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Heritage Academy Of Nc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,196,894

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