BOSTON, MA, September 3, 2015 – Tenacity’s sound fiscal management practices and commitment to accountability and transparency have earned it a 4-star rating from Charity Navigator, America’s largest independent charity evaluator. This is the first time that Tenacity has earned this top distinction, which highlights that the organization uses donor dollars to advance its mission in a fiscally responsible way.
“Tenacity’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. “Out of the thousands of nonprofits Charity Navigator evaluates, only one out of four earns 4 stars — a rating that demands rigor, responsibility and commitment to openness. Tenacity’s supporters should feel confident that their hard-earned dollars are being used efficiently and responsibly.”
“It is an honor to have Charity Navigator recognize the fiscally responsible way that Tenacity conducts its work to close the opportunity and achievement gaps for Boston youth,” said Ned Eames, Founder & CEO of Tenacity. “Tenacity has a responsibility to respect our donors’ support by dedicating their dollars in the most impactful and transparent manner.”
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.
Founded in 1999, Tenacity’s mission is to improve the scholastic, character, and physical development of Boston youth. The organization’s ultimate goal is to close the opportunity and achievement gaps that exist for students living in under-resourced Boston communities. Through a combination of outcomes-based academic enrichment, mentoring, family engagement, and tennis/fitness coaching, Tenacity’s programs offer a Pathway to Post-Secondary Success that improves educational outcomes for students, increases graduation rates, and helps transform the lives of the youth they serve. Tenacity has maintained a 95% high school graduation rate among students who have completed their Middle School Academy, with 80% going on to higher education. Together, Tenacity’s programs serve over 6,000 youth annually. For more information, visit www.tenacity.org.
About Charity Navigator
Charity Navigator, www.charitynavigator.org, is the largest charity evaluator in America and its website attracts more visitors than all other charity rating groups combined. The organization helps guide intelligent giving by evaluating the Financial Health and Accountability & Transparency of more than 8,000 charities. Charity Navigator accepts no advertising or donations from the organizations it evaluates, ensuring unbiased evaluations, nor does it charge the public for this trusted data.
Brandon Andrusic, Director of Marketing and Communications