Danville Venture Villa Inc

Charity Navigator Rating: 72% (Two-Star out of Four Star Rating)

Danville Venture Villa Inc has received a Two-Star rating from Charity Navigator, reflecting a score of 72%. This rating is primarily based on the Accountability & Finance category, indicating that while the organization meets some key financial accountability standards, there are areas for improvement. The absence of a whistleblower policy stands out as a notable limitation in their governance practices.

On the positive side, Danville Venture Villa Inc demonstrates strong governance with a fully independent board, as all four members are independent, and there is no material diversion of assets. The organization also shows transparency in its financial practices, with a 100% program expense ratio, meaning all expenses are directed towards its programs.

However, a concerning aspect is the high liabilities to assets ratio of 114.94%, which suggests potential financial instability. While the charity has made strides in ensuring accountability, its financial health may need to be assessed more closely to ensure long-term sustainability.

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

Danville Venture Villa Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Danville Venture Villa 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

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