Overview
What is Blanchard Valley Residential Services Foundation?
Blanchard Valley Residential Services Foundation is a charitable organization situated in Findlay, Ohio, specifically at 1700 East Main Cross Street. Operating as an IRC 509(a)(3) supporting organization, it collaborates closely with Blanchard Valley Residential Services, Inc. The primary role of the Foundation is to provide assistance and support to its parent organization in achieving its mission. The exact mission of Blanchard Valley Residential Services, Inc., unfortunately, is not specified in the provided information. However, as a supporting organization, it likely contributes to the overall objectives and programs of its parent organization. The Foundation's activities and operations are dedicated to supporting and strengthening Blanchard Valley Residential Services, Inc. in its mission to serve its community.
Official website here: www.bvrsi.org/home-1.html
What are the reviews and ratings of this charity?
Charity Navigator Rating: 0 stars (43%)
Blanchard Valley Residential Services Foundation has received a Zero-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its financial accountability and transparency. The overall score is derived entirely from the Accountability & Finance beacon, where the organization performed poorly in several key areas, particularly in program expenses, which are only 14.95% of total expenditures. This suggests that a very small portion of its funds directly supports its mission.
On a positive note, the organization boasts a fully independent board, with all 10 members independent and a small board size of four. It scored well in areas such as having no material diversion of assets and having a website listed on its tax forms, demonstrating some strengths in governance practices. Additionally, it does have policies in place for conflict of interest and documentation of board meeting minutes.
However, the absence of a whistleblower policy and a document retention and destruction policy raises red flags about the organization’s overall governance and transparency. Coupled with an unfavorable liabilities to assets ratio, these limitations significantly impact the organization's rating and overall effectiveness, making it imperative for potential donors to weigh these factors carefully.
This AI summary has been generated from information found on Charity Navigator.
Is Blanchard Valley Residential Services Foundation legitimate?
Blanchard Valley Residential Services Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Blanchard Valley Residential Services 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
Official website here: www.bvrsi.org/home-1.html
What is the mission statement of Blanchard Valley Residential Services Foundation?
The Blanchard Valley Residential Services Foundation operates as a supporting organization to Blanchard Valley Residential Services, Inc., adhering to the guidelines set by the Internal Revenue Code section 509(a)(3). Its primary role is to aid and assist Blanchard Valley Residential Services, Inc., in its mission, without having any independent purpose or mission of its own. The foundation does not have a distinct mission statement of its own, as it exists to support the activities of Blanchard Valley Residential Services, Inc. Therefore, in the absence of a specific mission statement, the foundation's mission can be inferred to be aligned with that of Blanchard Valley Residential Services, Inc.
Official website here: www.bvrsi.org/home-1.html
Who is the CEO of Blanchard Valley Residential Services Foundation?
Rose Morrison is the President of Blanchard Valley Residential Services Foundation.
Official website here: www.bvrsi.org/home-1.html
What is the revenue of Blanchard Valley Residential Services Foundation?
Blanchard Valley Residential Services Foundation's revenue in 2022 was $2,155.
Official website here: www.bvrsi.org/home-1.html
Who are the executives of Blanchard Valley Residential Services Foundation and what are their salaries?
There 5 volunteers at Blanchard Valley Residential Services Foundation.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.bvrsi.org/home-1.html
Where can I find the form 990 for Blanchard Valley Residential Services Foundation?
Blanchard Valley Residential Services Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bvrsi.org/home-1.html
Learn more at the official website: www.bvrsi.org/home-1.html
Mission Statement of Blanchard Valley Residential Services Foundation
Blanchard Valley Residential Services Foundation, functioning as an IRC 509(a)(3) supporting organization, aligns its mission with that of Blanchard Valley Residential Services, Inc. In this role, the Foundation primarily aims to provide support and assistance, ensuring the parent organization can effectively carry out its objectives. The specific nature of the Foundation's support is not detailed in the provided information. However, it is generally understood that IRC 509(a)(3) supporting organizations contribute funds, services, or other forms of assistance to their related organizations, thereby facilitating their overall activities and objectives. This partnership enables Blanchard Valley Residential Services, Inc. to continue its operations and make a positive impact in its respective field, without the financial burden of raising all its funds independently.
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Impact
October, 2024
Blanchard Valley Residential Services Foundation plays a crucial role in enhancing the quality of life for individuals with disabilities in Findlay, Ohio. By acting as a supporting organization for Blanchard Valley Residential Services, Inc., the Foundation provides essential financial resources and support that enable the delivery of vital services. This collaboration ensures that individuals receive the care and assistance they need to thrive in their communities. The Foundation’s focus on health and well-being fosters an environment where individuals can develop skills, achieve greater independence, and participate meaningfully in society. Through its efforts, the Foundation significantly impacts the lives of those it serves, promoting inclusion and enhancing community engagement.
This information is meant to be a general summary of Blanchard Valley Residential Services 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: $2,155
- Gross Receipts: $2,155
Assets and Liabilities:
- Total Assets: $1,352,756
- Total Liabilities: $1
- Net Assets: $1,352,755
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Organization Details
Founding Year
2019
Phone
(419) 422-6503Principal Officer
Rose Morrison
Main Address
1701 East Main Cross Street, Findlay, OH, 45840
Website
www.bvrsi.org/home-1.htmlNTEE Category
Code: E99 - Health
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