Quaker Preparatory Academy

Charity Navigator Rating: 88% (Three-Star out of Four Stars)

Quaker Preparatory Academy has earned a three-star rating from Charity Navigator with an overall score of 88%. This rating is based solely on the Accountability & Finance beacon, indicating a strong commitment to financial transparency and responsible management. The organization has successfully demonstrated high levels of accountability, as evidenced by its independent board structure and thorough financial audits.

Strengths of Quaker Preparatory Academy include a fully independent board, with all eight members being independent, and exemplary scores in various governance areas such as conflict of interest and whistleblower policies. The organization's program expense ratio is notably strong, reflecting a clear dedication to utilizing funds directly for its educational mission.

However, there are some limitations, particularly in the liabilities to assets ratio, which sits at 60.72%. While this indicates a reasonable level of financial health, it suggests that the organization may want to monitor its liabilities more closely. Overall, the organization's transparency and financial practices position it well within the nonprofit sector.

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

Quaker Preparatory Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Quaker Preparatory 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: $18,188
Professional Fundraising Fees: $0
Other Salaries and Wages: $627,641

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