Villa Veritas Foundation Inc

Charity Navigator Rating 90%

Villa Veritas Foundation Inc has achieved a commendable Four-Star out of Four Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The charity's overall score is derived from a robust accountability and finance score of 90%, indicating effective management and transparency in its operations.

The foundation boasts a high percentage of independent board members, ensuring strong governance and oversight. It has implemented key policies such as conflict of interest, whistleblower protections, and document retention, all of which contribute to its accountability practices. Additionally, the absence of material diversion of assets underscores its integrity in financial management.

However, while Villa Veritas maintains a solid program expense ratio of over 78%, there is room for improvement in its liabilities to assets ratio, which stands at 57.42%. This suggests that while the organization is financially stable, it may need to address its debt levels to strengthen its future sustainability. Overall, Villa Veritas demonstrates a strong commitment to financial accountability and effective governance.

This AI summary has been generated from information found on Charity Navigator.

Villa Veritas Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Villa Veritas Foundation Inc 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: $33,800
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,831,550

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Official website here: www.villaveritas.org