Overview
What is Yellow Roof Foundation?
The Yellow Roof Foundation, headquartered in Concord, California, is a dedicated nonprofit organization. Their primary mission is to provide affordable housing solutions for families and individuals who are at risk of becoming homeless. By offering affordable housing opportunities, they aim to support their communities where they live and work. The Foundation's activities are centered around this mission, striving to make a significant impact in people's lives. This is achieved through the provision of affordable housing, ensuring that vulnerable individuals and families have a secure place to call home.
Official website here: www.yellowrooffoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 54%, One-Star out of Four Star rating.
The Yellow Roof Foundation has received a low rating of 54%, resulting in a One-Star designation. This indicates significant concerns regarding the organization’s accountability and financial practices. The foundation has notably failed to meet basic governance standards, such as having independent board members and established policies for conflicts of interest and whistleblower protection.
Despite these weaknesses, the foundation exhibits strengths in its program expense ratio, which is reported at an impressive 100%. This suggests that all of its expenditures are directed towards its programs, indicating a focus on mission rather than administrative costs. Additionally, it has shown a good liabilities-to-assets ratio, reflecting a stable financial position.
However, the absence of independent oversight and key financial documentation undermines the organization's credibility. The lack of transparency in its financial statements and missing policies raise red flags for potential donors and stakeholders. Overall, while the Yellow Roof Foundation demonstrates a commitment to its mission, the governance issues highlighted by Charity Navigator warrant caution for prospective supporters.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Yellow Roof Foundation?
There are currently four reviews for the Yellow Roof Foundation on Facebook, but the organization has not yet received an overall rating. One reviewer expressed strong support, highlighting the foundation's positive impact and encouraging others to recognize and contribute to its mission. This indicates a promising start in engagement and goodwill among those familiar with the organization.
Despite the limited number of reviews, the sentiment appears overwhelmingly positive, showcasing a hopeful outlook for the foundation as it seeks recognition and support. Overall, it seems that this nonprofit is viewed favorably by those who have encountered its work, suggesting a commitment to its goals and an eagerness for broader community involvement.
This AI summary has been generated from reviews found on Facebook.
Is Yellow Roof Foundation legitimate?
Yellow Roof Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Yellow Roof 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:
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Official website here: www.yellowrooffoundation.org
What is the mission statement of Yellow Roof Foundation?
The Yellow Roof Foundation's mission is to offer affordable housing solutions for families and individuals within the communities they reside and work in. Their primary objective is to construct affordable housing units for those at risk of becoming homeless. In essence, the foundation aims to contribute positively to the housing needs of vulnerable individuals, thereby promoting stability and well-being within their communities.
Official website here: www.yellowrooffoundation.org
Who is the CEO of Yellow Roof Foundation?
Lori Sanson is the Cfo of Yellow Roof Foundation.
Official website here: www.yellowrooffoundation.org
What is the revenue of Yellow Roof Foundation?
Yellow Roof Foundation's revenue in 2022 was $801,457.
Official website here: www.yellowrooffoundation.org
Who are the executives of Yellow Roof Foundation and what are their salaries?
Here are 6 key members and their salaries:
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Official website here: www.yellowrooffoundation.org
Where can I find the form 990 for Yellow Roof Foundation?
Yellow Roof Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.yellowrooffoundation.org
Learn more at the official website: www.yellowrooffoundation.org
Mission Statement of Yellow Roof Foundation
The Yellow Roof Foundation is committed to providing affordable housing opportunities for families and individuals in the communities where they reside and work. Their mission is to construct and offer affordable housing units for those at risk of becoming homeless. This nonprofit organization aims to make a significant impact by creating a safe and affordable living environment for its residents.
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Impact
July, 2024
Yellow Roof Foundation's impact is evident in its efforts to provide affordable housing opportunities for families and individuals at risk of homelessness in Concord, CA. By building affordable housing units, the foundation directly addresses the pressing issue of housing insecurity in the community. This initiative ensures that families and individuals have a stable and secure place to call home, fostering a sense of stability and belonging. Through its mission of providing affordable housing opportunities where families and individuals reside and work, Yellow Roof Foundation is making a tangible impact in supporting those in need of housing assistance.
This information is meant to be a general summary of Yellow Roof 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $14,473
- Gross Receipts: $1,193,336
Assets and Liabilities:
- Total Assets: $2,607,347
- Total Liabilities: $852
- Net Assets: $2,606,495
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Organization Details
Founding Year
2018
Phone
(925) 685-0110Principal Officer
Lori Sanson
Main Address
1200 WILLOW PASS CT, CONCORD, CA, 94520
Website
www.yellowrooffoundation.orgNTEE Category
Code: L20 - Housing
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