News

ProLiteracy Earns Second Consecutive 4-Star Rating from Charity Navigator
Posted on July 09, 2018

ProLiteracy has received a second consecutive 4-star rating from Charity Navigator, America's largest and most-utilized independent evaluator of charities. This recognition demonstrates ProLiteracy’s deep commitment to nonprofit transparency and accountability.

 

“ProLiteracy’s coveted 4-star rating puts it in a very select group of high-performing charities,” according to Michael Thatcher, president & CEO of Charity Navigator. “This is our highest possible rating and indicates that ProLiteracy adheres to sector best practices and executes its mission in a financially efficient way. Only 30 percent of the charities we evaluate have received at least two consecutive 4-star evaluations, indicating that ProLiteracy outperforms most other charities in America. This exceptional designation from Charity Navigator sets ProLiteracy apart and demonstrates to the public its trustworthiness.”

 

“The nonprofit sector is advancing and expanding. Astute donors are yearning for greater accountability, transparency, and for concrete results from us,” said Kevin Morgan, president and CEO of ProLiteracy.  “Our second consecutive 4-star Charity Navigator rating demonstrates to our supporters that we take our fiduciary and governance responsibilities very seriously. This rating underscores that the majority of our funding is returned to the field to support our mission. We share a wealth of up-to-date information about our work to our supporters, grant makers, individual donors, and the media. We make our financial reports freely available. You can see more at www.proliteracy.org.”

 

Since 2002, using objective, data-driven analysis, Charity Navigator has awarded only the most fiscally responsible organizations a 4-star rating. In 2011, Charity Navigator added 17 metrics, focused on governance and ethical practices as well as measures of openness, to its ratings methodology.  These “Accountability & Transparency” metrics, which account for 50 percent of a charity’s overall rating, reveal which charities have “best practices” that minimize the chance of unethical activities and whether they freely share basic information about their organization with their donors and other stakeholders.