Main Street School Inc

Charity Navigator Rating: 60%, Two-Star out of Four Star rating.

Main Street School Inc has received a 60% score from Charity Navigator, resulting in a Two-Star rating. This score reflects concerns regarding its governance and transparency practices, particularly highlighted by the absence of independent board members and missing policies such as a whistleblower policy and document retention guidelines. These factors contribute to a lower accountability score, suggesting potential areas for improvement in leadership structure.

Despite these governance issues, Main Street School Inc demonstrates strong financial health with a program expense ratio of 87.20%, indicating that a significant majority of its expenses are directed towards its programs rather than administrative costs. Additionally, the organization has no material diversion of assets, which reflects sound financial management in that regard.

However, the lack of a publicly accessible website and missing documents, like the tax form on its website, raise concerns about transparency and accessibility of information for donors and stakeholders. Overall, while the organization excels in program expenses and financial integrity, its governance practices and transparency need considerable enhancement to build trust and credibility within the nonprofit sector.

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

Main Street School Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Main Street School 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: $338,441

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