Overview
What is Valeo Foundation?
The Valeo Foundation is a dedicated nonprofit organization situated in Topeka, Kansas. Its primary objective is to offer financial assistance to mental health and substance abuse programs within Valeo Behavioral Health Care and Valeo Community Residence Program. This support aims to significantly improve the quality of life for families in their local community. By providing resources for these critical programs, the Valeo Foundation contributes to the overall well-being of families dealing with mental health and substance abuse issues.
Official website here: www.valeotopeka.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 57%, One-Star out of Four Star rating.
The Valeo Foundation's rating indicates significant concerns regarding its overall financial health and accountability practices. While the organization scores well in governance aspects, such as having a fully independent board and maintaining key policies like conflict of interest and whistleblower protections, it struggles with its financial metrics. The low program expense ratio of 49.67% suggests that less than half of its expenditures are directed toward its programs, raising questions about its operational effectiveness.
Additionally, the liabilities to assets ratio stands at 8.35%, which is below the threshold that would reflect a healthy financial status. This could imply potential risks in financial stability or sustainability. Stakeholders should consider these financial indicators carefully when evaluating the foundation's capacity to fulfill its mission.
Despite its strengths in governance and transparency, the Valeo Foundation's performance in financial metrics necessitates cautious scrutiny. Potential donors and supporters may want to seek further clarity on how funds are allocated and the impact of its programs before making contributions.
This AI summary has been generated from information found on Charity Navigator.
Is Valeo Foundation legitimate?
Valeo Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Valeo 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.valeotopeka.org
What is the mission statement of Valeo Foundation?
The Valeo Foundation's mission is centered around providing financial support for mental health and substance abuse programs. This support is extended to Valeo Behavioral Health Care and Valeo Community Residence Programs, with the aim of enhancing the quality of life for families within the community. By offering financial aid, the foundation aims to contribute to the improvement of these programs, ultimately benefiting those seeking help for mental health issues and substance abuse.
Official website here: www.valeotopeka.org
Who is the CEO of Valeo Foundation?
Angela Haggard is the Board Member of Valeo Foundation. The CEO's salary of Valeo Foundation is $0 and their total compensation is $202,635.
Official website here: www.valeotopeka.org
What is the revenue of Valeo Foundation?
Valeo Foundation's revenue in 2022 was $79,472.
Official website here: www.valeotopeka.org
Who are the executives of Valeo Foundation and what are their salaries?
Here are 15 key members and their salaries (Valeo Foundation's CEO's salary is $0 and their total compensation is $202,635):
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- Related: $167,495
- Other: $35,140
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- Related: $138,221
- Other: $40,979
Official website here: www.valeotopeka.org
Where can I find the form 990 for Valeo Foundation?
Valeo Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.valeotopeka.org
Learn more at the official website: www.valeotopeka.org
Mission Statement of Valeo Foundation
The Valeo Foundation, a nonprofit organization, is committed to enhancing the quality of life for families within its community by providing financial support for mental health and substance abuse programs at Valeo Behavioral Health Care and Valeo Community Residence Program. Its mission is centered around strengthening these vital services, thereby contributing positively to the overall well-being of families in need. By offering financial backing, the Valeo Foundation aims to bolster the effectiveness and accessibility of these programs, ultimately making a significant impact on the lives of those seeking help for mental health issues and substance abuse.
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Impact
August, 2024
The Valeo Foundation's impact is crucial in providing financial support for mental health and substance abuse programs at Valeo Behavioral Health Care and Valeo Community Residence Program. By enhancing the quality of life for families in our community, the foundation plays a significant role in addressing important mental health and substance abuse issues. The Foundation's work contributes to improving the overall well-being and resilience of individuals and families facing these challenges.
This information is meant to be a general summary of Valeo 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: $14,095
- Gross Receipts: $80,124
Assets and Liabilities:
- Total Assets: $647,768
- Total Liabilities: $39,318
- Net Assets: $608,450
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Organization Details
Founding Year
2010
Phone
(785) 273-2252Principal Officer
Angela Haggard
Main Address
5401 SW 7TH STREET, TOPEKA, KS, 66606
Website
www.valeotopeka.orgNTEE Category
Code: T30 - Philanthropy
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