Overview
What is Restore Of Fox Valley Habitat For Humanity?
Restore of Fox Valley Habitat for Humanity is a nonprofit organization situated in Aurora, Illinois. Their primary mission is to raise funds for Habitat for Humanity, an affiliate organization, by selling donated building materials, furniture, and gently used items. These items are essential for building, repairing, or improving homes. The revenue generated from these sales is then distributed to support Habitat for Humanity's initiatives. The organization operates with a focus on community development and housing affordability.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Restore Of Fox Valley Habitat For Humanity has received a Two-Star out of Four Star rating from Charity Navigator, with an overall score of 74%. This indicates that while the organization demonstrates a strong commitment to accountability and finance, there are areas that need improvement, particularly in its financial health. Notably, it has a perfect score in several categories related to governance and transparency, such as having an independent board and documented policies.
The organization excels in program expense ratio and fundraising efficiency, showing that it effectively allocates funds to its mission-oriented programs. However, it faces challenges with a low working capital ratio of 0.17 years and a high liabilities to assets ratio of 88.51%, which may raise concerns about its long-term financial sustainability. These factors contribute to its overall rating and highlight the need for improved financial management.
In summary, Restore Of Fox Valley Habitat For Humanity has a solid foundation in governance and program execution, but its financial ratios suggest a need for focused attention on stabilizing its financial position. Stakeholders may want to monitor these aspects closely as the organization works to enhance its operational effectiveness and sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Restore Of Fox Valley Habitat For Humanity legitimate?
Restore Of Fox Valley Habitat For Humanity is a legitimate nonprofit organization registered as a 501(c)(3) entity. Restore Of Fox Valley Habitat For Humanity 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: $741,458
For more financial information, click here
What is the mission statement of Restore Of Fox Valley Habitat For Humanity?
Restore of Fox Valley Habitat for Humanity's mission is centered around raising funds for Habitat for Humanity. They accomplish this by selling donated building materials, furniture, and gently used items. The primary goal is to utilize these items to build, repair, or enhance homes. The revenue generated from these sales is then channeled to Habitat for Humanity, a related affiliate, to support their cause of providing affordable housing solutions. This organization plays a crucial role in contributing to the betterment of living conditions by providing necessary resources for housing improvements.
Who is the CEO of Restore Of Fox Valley Habitat For Humanity?
Jennifer Taff is the President of Restore Of Fox Valley Habitat For Humanity.
What is the revenue of Restore Of Fox Valley Habitat For Humanity?
Restore Of Fox Valley Habitat For Humanity's revenue in 2022 was $2,595,369.
Who are the executives of Restore Of Fox Valley Habitat For Humanity and what are their salaries?
There 250 volunteers at Restore Of Fox Valley Habitat For Humanity.
Here are 6 key members and their salaries:
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Where can I find the form 990 for Restore Of Fox Valley Habitat For Humanity?
Restore Of Fox Valley Habitat For Humanity's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Restore Of Fox Valley Habitat For Humanity
Restore of Fox Valley Habitat for Humanity is a dedicated organization that aims to raise funds for Habitat for Humanity through the sale of donated building materials, furniture, and gently used items. By doing so, they contribute to the construction, repair, or improvement of homes, ultimately helping to make a positive impact on individuals' living situations. The revenue generated from these sales is then distributed to Habitat for Humanity, an affiliate organization, to continue its mission of providing affordable housing solutions.
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Impact
October, 2024
Restore Of Fox Valley Habitat For Humanity makes a significant impact by selling donated building materials, furniture, and gently used items essential for home construction and improvement. By raising funds through these sales, it directly supports Habitat for Humanity's mission, facilitating the construction and repair of homes for those in need. The organization plays a crucial role in promoting affordable housing in Aurora, IL, while also encouraging sustainable practices through the reuse of materials. This initiative not only helps families secure safe and decent housing but also strengthens the community by fostering awareness and support for housing-related issues.
This information is meant to be a general summary of Restore Of Fox Valley Habitat For Humanity. 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: $69
- Gross Receipts: $4,687,895
Assets and Liabilities:
- Total Assets: $2,619,101
- Total Liabilities: $1,897,401
- Net Assets: $721,700
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Organization Details
Founding Year
2010
Phone
(630) 995-9907Principal Officer
Jennifer Taff
Main Address
4100 FOX VALLEY CENTER, AURORA, IL, 60504
NTEE Category
Code: L112 - Housing
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