Terra Village Holdings

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 65%)

Terra Village Holdings has received a Two-Star rating from Charity Navigator, indicating a need for improvement in its overall operations. The organization has a program expense ratio of 99.77%, demonstrating a strong commitment to its mission by directing almost all of its expenses towards programs. However, the absence of essential financial statements raises concerns about transparency and accountability.

The organization benefits from having a fully independent board, which is a positive aspect, as it suggests a level of oversight that can enhance governance. However, the lack of critical policies such as conflict of interest, whistleblower, and document retention policies reflects significant gaps in organizational management. Furthermore, the absence of posted financial documents on its website and missing board meeting minutes limits stakeholder access to vital information.

While Terra Village Holdings shows promise in its program focus, the overall score of 65% highlights several areas requiring urgent attention, particularly in establishing robust financial and governance practices. Addressing these limitations could help improve its rating and foster greater trust among donors and the community.

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

Terra Village Holdings is a legitimate nonprofit organization registered as a 501(c)(3) entity. Terra Village Holdings 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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