Overview
What is Villa Of Hope Foundation?
Villa of Hope Foundation is a nonprofit organization situated in Rochester, New York, specifically at 3300 Dewey Avenue. Its primary mission is to support the Villa of Hope, a residence dedicated to catering to individuals participating in their chemical abuse program. The foundation covers the expenses associated with this program and ensures its efficient operation. The Villa of Hope Foundation's commitment extends to providing essential support for the Villa of Hope, without which the chemical abuse program would not be feasible.
Official website here: www.villaofhope.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 57%, One-Star out of Four Star rating.
The Villa Of Hope Foundation has received a low rating due to significant concerns in its financial accountability and transparency. While the organization has a strong governance structure with 96% independent board members and a range of policies in place, its financial metrics are troubling. The program expense ratio of 46.94% indicates that less than half of its expenditures are directed towards its programs, which is below the recommended threshold.
Additionally, the charity failed to post its tax form on its website, which is a crucial aspect of transparency. The liabilities to assets ratio of 5.47% also raised red flags, contributing to its low score in the financial accountability category. Despite having many strong governance features, these financial issues limit the foundation's overall effectiveness and can impact donor trust.
This AI summary has been generated from information found on Charity Navigator.
Is Villa Of Hope Foundation legitimate?
Villa Of Hope Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Villa Of Hope Foundation 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.
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For more financial information, click here
Official website here: www.villaofhope.org
What is the mission statement of Villa Of Hope Foundation?
The Villa of Hope Foundation's mission is centrally focused on supporting the Villa of Hope. This support encompasses the ownership and maintenance of a residence, which is exclusively utilized for the foundation's chemical abuse program participants. The mission is primarily directed towards sustaining this program, as the related expenses are reported separately.
Official website here: www.villaofhope.org
Who is the CEO of Villa Of Hope Foundation?
Carrie Fuller Spencer is the Chair of Villa Of Hope Foundation.
Official website here: www.villaofhope.org
What is the revenue of Villa Of Hope Foundation?
Villa Of Hope Foundation's revenue in 2022 was $94,130.
Official website here: www.villaofhope.org
Who are the executives of Villa Of Hope Foundation and what are their salaries?
There 11 volunteers at Villa Of Hope Foundation.
Here are 11 key members and their salaries:
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Official website here: www.villaofhope.org
Where can I find the form 990 for Villa Of Hope Foundation?
Villa Of Hope Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.villaofhope.org
Learn more at the official website: www.villaofhope.org
Mission Statement of Villa Of Hope Foundation
Villa of Hope Foundation's mission is centered around supporting Villa of Hope, a residence that they own and manage. This support is primarily for participants enrolled in their chemical abuse program. The foundation's actions are geared towards maintaining and covering the expenses associated with this program. By doing so, they contribute to the overall mission of providing a conducive environment for individuals seeking to overcome chemical abuse.
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Impact
October, 2024
Villa Of Hope Foundation plays a crucial role in providing essential support to individuals participating in chemical abuse programs. By owning and maintaining a dedicated residence for these participants, it ensures a stable environment that fosters recovery and healing. This initiative directly contributes to the success of the rehabilitation efforts, allowing individuals to focus on their recovery in a safe and supportive setting. The foundation’s commitment to housing not only aids in the immediate needs of these individuals but also enhances the overall effectiveness of the programs they are involved in, ultimately leading to improved outcomes in their journeys toward sobriety.
This information is meant to be a general summary of Villa Of Hope Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $94,130
- Gross Receipts: $259,792
Assets and Liabilities:
- Total Assets: $3,253,296
- Total Liabilities: $103,346
- Net Assets: $3,149,950
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Organization Details
Founding Year
1986
Phone
(585) 865-1550Principal Officer
Carrie Fuller Spencer
Main Address
3300 DEWEY AVENUE, ROCHESTER, NY, 14616
Website
www.villaofhope.orgNTEE Category
Code: L11 - Housing
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