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Conejo Valley Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 770420110 ✦ Thousand oaks, CA ✦ Designated as a 501(c)(3)

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Overview

What is Conejo Valley Foundation?

Conejo Valley Foundation is a nonprofit organization situated in Thousand Oaks, California. The primary objective of this organization is to aid in charitable events both domestically and internationally. Their mission extends beyond their local community, reaching out to support charitable programs in various states and countries. They strive to make a positive impact by contributing to various community-focused initiatives, thereby bettering lives worldwide.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 1 Star (50%)

The Conejo Valley Foundation has received a One-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The overall score of 50% reflects a lack of independent board members, with no board members being independent. While the organization has a good record in terms of asset diversion, it falls short in several governance and transparency areas.

Strengths of the foundation include an impressive program expense ratio of 99.29%, indicating that the vast majority of its funds are directed toward its programs. However, the absence of key policies such as a conflict of interest policy, whistleblower policy, and missing documentation from board meetings highlight critical governance issues that could undermine donor trust and organizational integrity.

Moreover, the foundation's website was notably missing from its tax forms, which raises additional transparency concerns. Without these essential policies and public documentation, potential donors and stakeholders may find it challenging to assess the organization's governance effectiveness and overall financial health.


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

Is Conejo Valley Foundation legitimate?

Conejo Valley Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Conejo 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

For more financial information, click here

What is the mission statement of Conejo Valley Foundation?

The Conejo Valley Foundation's mission is centered around supporting charitable programs. This support extends beyond their local community, reaching out to other states and countries as well. Their primary goal is to contribute to various charitable events, both domestically and internationally. This organization is committed to making a difference in various communities worldwide, ensuring the success of various charitable initiatives.

What is the revenue of Conejo Valley Foundation?

Conejo Valley Foundation's revenue in 2023 was $136,420.

Who are the executives of Conejo Valley Foundation and what are their salaries?

Here are 3 key members and their salaries:


Jeff Blum (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Denise Vivero (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Mcdermott (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Conejo Valley Foundation?

Conejo Valley Foundation's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Conejo Valley Foundation

The Conejo Valley Foundation is devoted to supporting charitable programs both locally and beyond its community borders, extending its reach to other states and nations. This nonprofit organization focuses on backing various charitable events, both domestically and internationally, with the aim of making a positive impact in various communities. By funding these programs, the Conejo Valley Foundation contributes to the betterment of lives and addresses various societal needs, demonstrating its commitment to charitable causes.

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Impact




October, 2024

Conejo Valley Foundation significantly impacts the community and beyond by actively supporting charitable programs both locally and internationally. By facilitating and sponsoring various charitable events, it plays a crucial role in fostering a spirit of philanthropy in Thousand Oaks, California, and extending its reach to other states and countries. The foundation’s efforts help address pressing needs within the community and contribute to a wider network of support that enhances the quality of life for many individuals and families. Through its initiatives, Conejo Valley Foundation strengthens community ties, promotes social welfare, and inspires others to engage in acts of kindness and generosity.




This information is meant to be a general summary of Conejo Valley Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$136,420 (2023)
Expenses
$45,724 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $2,282
  • Gross Receipts: $136,420

Assets and Liabilities:

  • Total Assets: $102,407
  • Total Liabilities: $0
  • Net Assets: $102,407

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Organization Details

Principal Officer

Denise Vivero

NTEE Category

Code: T31 - Philanthropy

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