Valley Housing Foundation

Charity Navigator Rating: Zero-Star out of Four Stars (33%)

The Valley Housing Foundation has received a Zero-Star rating from Charity Navigator, indicating significant concerns related to its accountability and financial practices. The overall score is derived solely from the Accountability & Finance category, where it scored 33%. While the organization boasts a fully independent board and has no reported material diversion of assets, the absence of essential policies and transparency measures raises red flags.

Key strengths include the composition of the board, which consists entirely of independent members, and the proper documentation of board meeting minutes. However, the Foundation faces serious limitations, such as missing conflict of interest and whistleblower policies, lack of a document retention policy, and failure to post its tax form on its website. These deficiencies contribute negatively to its overall operational transparency and governance.

Financially, the Valley Housing Foundation has a concerning liabilities-to-assets ratio of 91.34% and a low program expense ratio of 39.11%, both of which suggest inefficiencies in resource allocation. These factors combined suggest that potential donors and supporters should carefully evaluate the organization's practices before contributing.

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

Valley Housing Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Valley Housing 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: $39,600
Professional Fundraising Fees: $0
Other Salaries and Wages: $48,256

For more financial information, click here