Overview
What is Retraining The Village?
Retraining The Village is a nonprofit organization located at 2399 Menalto Avenue, East Palo Alto, CA 94303. Its primary mission is to offer interim shelter to veterans, individuals in re-entry programs, and homeless individuals who have aged out of public shelters, preventing their return to chronic homelessness. The organization provides stability and support to these individuals, assisting with income transition, behavioral health, and recovery issues. With a focus on promoting growth and responsibility, Retraining The Village offers a home-like setting for up to a year, acting as a bridge between incarceration and stable housing. The nonprofit employs a team of three dedicated individuals to carry out its mission.
Official website here: www.retrainingthevillage.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement, Score: 69%)
Retraining The Village has received a Two-Star rating from Charity Navigator, indicating a need for improvement in its overall financial accountability and transparency. While the organization boasts a high Culture & Community score of 100, reflecting its strong community engagement and cultural initiatives, the Accountability & Finance score of 66 suggests areas where the nonprofit could enhance its operational practices.
A notable strength of Retraining The Village is its program expense ratio of 76.43%, which indicates that a significant portion of its funds is directed towards fulfilling its mission. Additionally, the organization has a majority of independent board members and scores well in several governance categories, including material diversion of assets. However, the absence of a conflict of interest policy raises concerns about governance practices that could affect stakeholder trust.
Despite these strengths, the organization faces challenges due to a liabilities-to-assets ratio of 103.49%, suggesting potential financial instability. Addressing these concerns, particularly the missing conflict of interest policy, can help Retraining The Village improve its rating and further solidify its commitment to accountability and community service.
This AI summary has been generated from information found on Charity Navigator.
Is Retraining The Village legitimate?
Retraining The Village is a legitimate nonprofit organization registered as a 501(c)(3) entity. Retraining The Village 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: $120,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $31,106
For more financial information, click here
Official website here: www.retrainingthevillage.org
What is the mission statement of Retraining The Village?
Retraining The Village's mission is centered around offering interim housing and support for veterans, individuals returning from incarceration, and homeless individuals who have outgrown public shelters, preventing their reentry into chronic homelessness. The organization serves as a bridge between incarceration and stable housing, providing a home-like setting for up to a year, fostering personal growth and responsibility. Their goal is to offer stability, aid in income increase, and provide assistance with behavioral health and recovery issues.
Official website here: www.retrainingthevillage.org
Who is the CEO of Retraining The Village?
Suresh Nair is the Cfo of Retraining The Village.
Official website here: www.retrainingthevillage.org
What is the revenue of Retraining The Village?
Retraining The Village's revenue in 2022 was $791,131.
Official website here: www.retrainingthevillage.org
Who are the executives of Retraining The Village and what are their salaries?
The average compensation at Retraining The Village during 2022 was $50,535. There are 3 employees at Retraining The Village.
Here are 5 key members and their salaries:
- Compensation: $116,500
- Related: $0
- Other: $0
- Compensation: $2,000
- Related: $0
- Other: $0
- Compensation: $2,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.retrainingthevillage.org
Where can I find the form 990 for Retraining The Village?
Retraining The Village's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.retrainingthevillage.org
Learn more at the official website: www.retrainingthevillage.org
Mission Statement of Retraining The Village
Retraining The Village is an organization committed to providing a supportive environment for veterans, returning citizens, and individuals at risk of homelessness. Their mission is to serve as a bridge between incarceration and stable housing for individuals who have aged out of public shelters and are at risk of falling back into chronic homelessness. By offering interim shelter for up to a year, Retraining The Village aims to provide a home-like setting that fosters personal growth and responsibility. Their goal is to assist these individuals in transitioning towards increased income and sustainable housing, addressing behavioral health and recovery issues along the way.
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Impact
July, 2024
Retraining The Village's impact can be seen in the positive changes it brings to veterans, at-risk males, and returning citizens who are in need of stability and support. By providing interim shelter, assistance with income, transitional housing, and addressing behavioral health and recovery issues, Retraining The Village plays a crucial role in preventing individuals from falling back into chronic homelessness. Their mission to serve as a bridge between incarceration and stable housing, and to create a home-like setting that fosters growth and responsibility for up to one year, demonstrates their commitment to making a lasting difference in the lives of those they support.
This information is meant to be a general summary of Retraining The Village. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $41
- Program Service Revenue: $2,661
- Gross Receipts: $791,131
Assets and Liabilities:
- Total Assets: $935,801
- Total Liabilities: $968,481
- Net Assets: -$32,680
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICES
Revenue
$2,661
Organization Details
Founding Year
2013
Phone
(650) 461-0433Principal Officer
Suresh Nair
Main Address
2399 MENALTO AVENUE, EAST PALO ALTO, CA, 94303
Website
www.retrainingthevillage.orgNTEE Category
Code: P80 - Human services
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