Aurora Grange

Nonprofit profile at a glance

EIN
872611579
IRS 990 coverage
2021–2024
Forms available
Form 990 2024
Location
Las Vegas, NV, USA
Phone
8452351116
Rating
49
Verdict
MIXED
Rating confidence
Moderate
Sector
Housing Development, Construction, Management

Reported finances

Revenue
$23,292
Expenses
$27,166
Assets
$126,089
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • CHRISTOPHER VALENTI (PRESIDENT, TREASURER, DIRECTOR)
  • FRED VALENTI (VICE PRESIDENT, DIRECTOR)

People named in this filing

  • CHRISTOPHER VALENTI (PRESIDENT, TREASURER, DIRECTOR)
  • FRED VALENTI (VICE PRESIDENT, DIRECTOR)
  • DARIUS SEALY (SECRETARY, DIRECTOR)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The nbsp; nonprofit nbsp; will nbsp; assist nbsp; families nbsp; as nbsp; determined nbsp; by nbsp; hud nbsp; published nbsp; standards nbsp; that nbsp; are nbsp; low nbsp; or nbsp; very nbsp; low nbsp; income nbsp; but nbsp; can nbsp; not nbsp; qualify nbsp; to nbsp; afford nbsp; a nbsp; decent nbsp; rental nbsp; home nbsp; at nbsp; market nbsp; rates nbsp; the nbsp; nonprofit nbsp; plans nbsp; to nbsp; acquire nbsp; or nbsp; build nbsp; sustainable nbsp; housing nbsp; units nbsp; either

What it reported doing in 2024

Affordable housing

Operating model

Revenue model
Other-operating. 82% of the money available for current operations came from other operating revenue.
Distribution model
Grant intermediary. The nonprofit sent 80% of its reported program spending out as grants.

The verdict

MIXED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 14
  • Transparency & Controls: 80
  • Accountability: 76
  • Sustainability: 49
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 19.4%; rating input score 19
  • Program expense ratio: 9.1%; rating input score 9
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 88.9%; rating input score 89; 9th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 3 of 7 controls in place; rating input score 43
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -16.6%; rating input score 42; 42nd percentile among comparable filings
  • Total-asset coverage ratio: 4.64; rating input score 48; 48th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 60; 60th percentile among comparable filings

Growth

  • Program expense growth: 13.1% per year; rating input score 100; 79th percentile among comparable filings
  • Revenue growth: -63.2% per year; rating input score 0; 6th percentile among comparable filings
  • Asset growth: -42.9% per year; rating input score 0; 3rd percentile among comparable filings

Details

  • Where the money goes: 19.4% of revenue deployed · 9.1% of spending went to programs
  • Governance: 3 of 3 board members independent · 3 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $16K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 18 of 18 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 4 filing years from 2021 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 19/100.
  • High — Financial Efficiency: Program expense ratio scored 9/100.
  • Moderate — Accountability: Governance controls: 3 of 6 not reported.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 42/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 48/100.