Valley Lake Boys Home Inc

Charity Navigator Rating: 67%

Valley Lake Boys Home Inc has received a Two-Star out of Four Star rating from Charity Navigator, reflecting a score of 67%. This rating indicates that while the organization demonstrates some accountability and financial health, there may be areas requiring improvement. The charity has a strong emphasis on independent governance, with 88% of its board members being independent, which contributes positively to its accountability measures.

The organization shows commendable financial management with a program expense ratio of 92.33%, indicating that most of its expenditures are directed towards its programs rather than administrative costs. Additionally, it has no reported material diversion of assets, ensuring that funds are utilized as intended. The liabilities to assets ratio of 14.62% also suggests a stable financial position.

However, despite these strengths, the overall rating remains moderate, suggesting potential concerns in other areas that could affect its operational effectiveness. Continued focus on improving transparency and enhancing financial performance could further bolster its standing in the nonprofit sector.

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

Valley Lake Boys Home Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Valley Lake Boys Home 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: $63,589
Professional Fundraising Fees: $0
Other Salaries and Wages: $314,458

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