Friends of Tavarua

Nonprofit profile at a glance

EIN
812426739
IRS 990 coverage
2022–2024
Forms available
Form 990 2024, Form 990-EZ 2020
Location
Buellton, CA, USA
Phone
3104547519
Rating confidence
Limited
Sector
Personal Social Services

Reported finances

Revenue
$0
Expenses
$18,642
Assets
$768,159
Liabilities
$0

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

Leadership & pay

3 people listed

Executive titles in this filing

  • JONATHAN D ROSEMAN (PRESIDENT AND DIRECTOR)

People named in this filing

  • DAVID K CLARK (SECRETARY/TREASURER/CFO AND DIRECTOR)
  • JONATHAN D ROSEMAN (PRESIDENT AND DIRECTOR)
  • RICHARD K ISBELL (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 charitable mission of friends of tavarua is to support charitable and educational activities and programs for disadvantaged and impoverished individuals and groups in the country of fiji.

What it reported doing in 2024

During the year, friends of tavarua focused on advancing its charitable mission by actively pursuing opportunities to fund the development of housing for low-income families in fiji. The organization dedicated significant effort to evaluating a range of programmatic strategies to maximize the number of homes constructed and to ensure a lasting impact on underserved communities. Activities included evaluating potential implementation partners and construction approaches, including to ensure the architectural plans were designed to withstand extreme weather conditions in the region.the organization also consulted with legal counsel to assess legal and planning considerations and best practices for cross-border charitable giving. As a result of this comprehensive process, friends of tavarua entered into a grant agreement after year end, providing grant funding to support the commencement of the housing program. The organization remains dedicated to improving living conditions for low-income families in fiji by supporting sustainable, resilient housing solutions.

Operating model

Revenue model
No positive adjusted resources. The filing reports no positive adjusted operating resources.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: 18
  • Transparency & Controls: 90
  • Accountability: 88
  • Sustainability: 42
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: 23.7%; rating input score 24
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd 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: 5 of 7 controls in place; rating input score 71
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • 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: Limited
  • Total-asset coverage ratio: 41.21; rating input score 90; 90th 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: -149.1% per year; rating input score 0; 1st percentile among comparable filings
  • Revenue growth: 26.2% per year; rating input score 100; 96th percentile among comparable filings
  • Asset growth: 41.9% per year; rating input score 100; 97th percentile among comparable filings

Details

  • Where the money goes: 23.7% of spending went to programs
  • Governance: 3 of 3 board members independent · 5 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $4K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 11 of 11 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 3 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • 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: Program expense ratio scored 24/100.
  • High — Growth: Program expense growth scored 0/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.