Overview
What is True Vine Family Life Community Development Center Inc?
True Vine Family Life Community Development Center Inc is a nonprofit organization situated in Inglewood, California, specifically at 1437 W Centinela Avenue. Their primary mission is to provide affordable housing for seniors and job training opportunities for youth. Despite their commendable mission, they are currently confronting financial challenges, with the accounting fee being their largest annual expense due to limited funding or donations.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 65% (Two-Star out of Four Star rating)
True Vine Family Life Community Development Center Inc has received a 65% rating from Charity Navigator, reflecting a Two-Star rating. This score indicates a moderate level of accountability and financial health. The organization demonstrates strong governance practices, with a fully independent board and a solid conflict of interest policy, contributing to high scores in these areas.
The charity excels in its program expense ratio, allocating 100% of its resources directly to its programs, which enhances its effectiveness in fulfilling its mission. However, the organization faces challenges with its liabilities to assets ratio, receiving no points in this area, which may suggest financial vulnerabilities that could impact long-term sustainability.
While True Vine Family Life Community Development Center Inc has strengths in governance and program spending, potential donors and stakeholders should consider the overall financial metrics and risks associated with its current liabilities. Being informed about these factors is crucial for making supportive decisions regarding the organization.
This AI summary has been generated from information found on Charity Navigator.
Is True Vine Family Life Community Development Center Inc legitimate?
True Vine Family Life Community Development Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. True Vine Family Life Community Development Center Inc 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 True Vine Family Life Community Development Center Inc?
The True Vine Family Life Community Development Center Inc is dedicated to providing affordable housing for seniors and offering job training opportunities for youth. Their mission is multifaceted, aiming to accommodate the housing needs of the elderly and equip the younger generation with valuable skills for employment. Unfortunately, the organization is currently facing financial challenges, with the accounting fee being one of their largest annual expenses due to limited funds or donations.
Who is the CEO of True Vine Family Life Community Development Center Inc?
Austin Williams is the President of True Vine Family Life Community Development Center Inc.
What is the revenue of True Vine Family Life Community Development Center Inc?
True Vine Family Life Community Development Center Inc's revenue in 2022 was $0.
Who are the executives of True Vine Family Life Community Development Center Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for True Vine Family Life Community Development Center Inc?
True Vine Family Life Community Development Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of True Vine Family Life Community Development Center Inc
True Vine Family Life Community Development Center Inc is dedicated to providing affordable housing solutions for seniors and offering job training opportunities for youth. The organization's mission is multifaceted, aiming to address the housing needs of the elderly and equip young individuals with valuable work skills. Despite facing financial challenges, as indicated by the significant accounting fee, True Vine Family Life Community Development Center Inc remains committed to its mission, striving to make a positive impact in the lives of its beneficiaries.
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Impact
October, 2024
True Vine Family Life Community Development Center Inc significantly impacts the Inglewood community by providing affordable housing for seniors and job training for youth. This initiative not only addresses critical housing needs for the elderly, ensuring they have a safe and secure place to live, but also equips younger generations with the skills necessary to succeed in the job market. By fostering economic empowerment among youth, the center helps to create a more sustainable and self-reliant community. The emphasis on these two areas highlights the organization's commitment to enhancing the quality of life for both seniors and young people, ultimately contributing to stronger familial and community bonds. Despite facing financial challenges, such as high accounting costs, the center remains dedicated to fulfilling its mission and supporting those in need.
This information is meant to be a general summary of True Vine Family Life Community Development Center Inc. 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.
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $2,172
- Net Assets: -$2,172
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Organization Details
Founding Year
2000
Phone
(310) 674-8835Principal Officer
Austin Williams
Main Address
1437 W CENTINELA AVENUE, INGLEWOOD, CA, 90302
NTEE Category
Code: P75 - Human services
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