Overview
What is Valley Village Foundation?
Valley Village Foundation is a dedicated nonprofit organization, situated in Winnetka, California. Its primary mission is to ensure the financial stability of Valley Village, another not-for-profit entity. To achieve this goal, the foundation accepts donations to support its cause. The funds raised by the foundation contribute to Valley Village's long-term financial health and sustainability. The Valley Village Foundation is an essential pillar in strengthening the financial resilience of the broader organization, thereby enhancing its capacity to serve its purpose effectively.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 40%
Valley Village Foundation has received a low rating of 40% from Charity Navigator, resulting in a Zero-Star out of Four Star rating. The foundation shows strong governance features, such as having a majority independent board and adherence to conflict of interest policies. However, significant weaknesses are apparent in financial management, as indicated by a poor liabilities to assets ratio and low program expense ratio, which raise concerns about the organization's financial health and transparency.
User reviews from Great Nonprofits present a mixed perspective. A board member highlights the foundation's mission to provide lifelong care and enrichment opportunities for its clients, which reflects a commitment to the community served. The foundation operates numerous residential and programmatic offerings, indicating a dedication to long-term client support and growth.
Despite the positive mission and operational efforts, the financial challenges highlighted in the Charity Navigator assessment may hinder the foundation's ability to maintain its services effectively. Continuous attention to financial practices and transparency would be necessary for the Valley Village Foundation to improve its standing and ensure sustainable support for its initiatives.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Valley Village Foundation legitimate?
Valley Village Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Valley Village 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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Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Valley Village Foundation?
The Valley Village Foundation's mission is centered around ensuring the long-term financial stability of Valley Village, a non-profit organization. This mission is carried out by soliciting donations to support various not-for-profit organizations. The primary goal is to secure a secure financial future for Valley Village, thereby enabling it to continue its noble work in the social sector.
What is the revenue of Valley Village Foundation?
Valley Village Foundation's revenue in 2024 was $175,697.
Who are the executives of Valley Village Foundation and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for Valley Village Foundation?
Valley Village Foundation's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Valley Village Foundation
Valley Village Foundation, a not-for-profit organization, is dedicated to ensuring the financial sustainability of Valley Village in the long term. The mission of this foundation is to secure the financial future of Valley Village, thereby safeguarding its vital operations and services. To accomplish this, the foundation seeks donations to support various not-for-profit organizations, contributing to their ongoing success and viability.
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Impact
October, 2024
Valley Village Foundation plays a crucial role in securing the financial future of Valley Village, which supports individuals in need. Through strategic donations, the foundation enhances the viability of various programs and services that address critical needs in the community. By focusing on sustainability, it ensures that essential resources remain available for individuals affected by various challenges, particularly those related to disease. This commitment fosters a more resilient support system, enabling Valley Village to continue its impactful work in Winnetka, CA, and beyond.
This information is meant to be a general summary of Valley Village 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 2024.
- Investment Income: $50,700
- Gross Receipts: $187,116
Assets and Liabilities:
- Total Assets: $1,440,770
- Total Liabilities: $14,866
- Net Assets: $1,425,904
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Organization Details
Founding Year
2001
Principal Officer
Mark Levinson
NTEE Category
Code: G11 - Disease
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