Friends of Valley Falls Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
The mission of the Friends of Valley Falls Inc. organization is to be the responsible owner of the Valley Falls Farm and to promote the betterment of the Valley Falls Park. The organization carries out this mission through careful stewardship of their lands and buildings conservation of their resources and through outreach to the community.
- Income
- $42,232
- Spending
- $64,138
- Spent on programs
- 96%
- Reserves
- 84.2 months of spending
- Largest source of income
- other income, 56%
- Employees
- 0
- Volunteers
- 18
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 80 out of 100. Higher than 59% of charities in its peer group (recreation and sports, under $250k).
Reserves
35 of 35Spendable reserves would cover 84.2 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
0 of 15Spending exceeded income by 52% of income.
Income trend
10 of 15Income fell 8% on the year before.
Spending floor
15 of 1596% of spending went to programs and raising each dollar of donations cost 6 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Fair: 62 out of 100. Higher than 57% of charities in its peer group (recreation and sports, under $250k).
Independent board
25 of 258 of 8 voting board members are independent.
Conflict of interest policy
0 of 15Reports no written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (4)
- $54,124 spent. Organization provided maintenance preservation and improvements to the Valley Falls property including the farmhouse and several farm outbuildings. The overall goal is to preserve the historical aspects of the Valley Falls property.
- $4,938 spent. The organization completed development of the Farm Heritage Center at the Valley Falls site and formally opened the Heritage Center to the public on June 10 2023. The Heritage Center continued to be open to the public during the summer of 2024 and a total of approximately 300 people attended the Heritage Center during the second year of operation. The Heritage Center presents the history of the late 19th and early 20th century farm life and farm implements. The purpose is to educate the public to farm life during that time period.
- $2,706 spent. Published newsletters and annual report to inform and educate members and the general public on the progress of farm preservation and the operation of the Farm heritage Center. The news letters were sent to approximately 200 people while the annual report was sent to approximately 150 members and supporters. Also the organization maintained an informational website to keep the general public informed of the progress at Valley Falls Farm and Park.
- The organization provided educational walks in Valley Falls Park to provide historic environmental and geological information to the public. The walks were given to approximately 50 people.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since May 1995.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.