Charlie Life And Leadership Academy

Charity Navigator Rating: 36%, Zero-Star out of Four Star rating.

Charlie Life And Leadership Academy has received a low overall score primarily due to its accountability and financial practices. While the organization has demonstrated strengths in having a majority independent board and maintaining proper documentation of board meeting minutes, serious deficiencies in their policies indicate a lack of adherence to recommended nonprofit governance standards. Specifically, the absence of a conflict of interest policy, whistleblower policy, and document retention policy significantly impacted their rating.

Financially, the organization has low program expenses, with only 11.67% of its expenditures directed toward its programs. Additionally, the liabilities to assets ratio is concerning, sitting at 1.98%, which shows potential financial instability. While the organization has good governance in some areas, the lack of essential policies and low program spending raises significant questions about its operational effectiveness and commitment to its mission.

Overall, while Charlie Life And Leadership Academy has some strengths, the critical areas of transparency and financial management highlight considerable limitations that potential donors and supporters should consider.

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

Charlie Life And Leadership Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Charlie Life And Leadership 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: $30,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $16,615

For more financial information, click here

Official website here: www.charlieacademy.org