Friends Of Tri-Valley Foundation

Charity Navigator Rating: 43%

Friends Of Tri-Valley Foundation has received a Zero-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its financial accountability and overall performance. The low score is primarily due to its Accountability & Finance metrics, where it earned only 43%. While it has a fully independent board and no material diversion of assets, critical policies like a whistleblower policy and document retention guidelines are missing.

The organization has strengths in governance, as reflected in its independent board composition and transparency in board meeting minutes. However, the complete absence of program expenses raises questions about its operational effectiveness and the impact of its activities. Additionally, the liabilities to assets ratio suggests potential financial vulnerability, as indicated by the score of 1.45%.

In summary, while Friends Of Tri-Valley Foundation demonstrates strong governance practices, it faces significant challenges in financial management and operational transparency. Future improvements in its financial reporting and program expenditures may be necessary to enhance its rating and build donor trust.

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

Friends Of Tri-Valley Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of Tri-Valley 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

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Official website here: www.tvds.org