Wyatt Academy

Charity Navigator Rating 41% - Zero-Star out of Four Star Rating

Wyatt Academy has received a low score of 41% from Charity Navigator, which indicates significant concerns regarding its accountability and financial practices. While the organization has a fully independent board and strong policies in place, it lacks transparency in key financial areas, notably failing to provide financial statements. This lack of documentation raises red flags for potential donors regarding the nonprofit's financial health.

The academy's program expense ratio stands at 47.95%, suggesting that less than half of its expenses are directed toward its programs, which may concern stakeholders about the effectiveness of its resource allocation. Additionally, although the organization shows no material diversion of assets and has a well-structured governance framework, the absence of publicly available financial statements limits the ability to assess its fiscal responsibility adequately.

Overall, while Wyatt Academy has certain governance strengths, its low financial transparency and accountability score highlight the need for improvement in its financial reporting practices. Potential supporters should consider these factors carefully before engaging with or donating to the organization.

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

Wyatt Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wyatt 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: $151,448
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,186,351

For more financial information, click here

Official website here: www.wyattacademy.org