Community Foundation Of The Valleys
- Assets
- $77.3k
- Revenue
- $95.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Sherman Oaks, CA
- Founding
- 12/2004
- Data as of
- 06/2022
- EIN
- 20-0391706
Organization Overview
Community Foundation Of The Valleys is located in Sherman Oaks, CA. The organization was established in 2004. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Foundation Of The Valleys is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Community Foundation Of The Valleys generated $95.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.3% each year . All expenses for the organization totaled $40.4k during the year ending 06/2022. While expenses have increased by 20.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO INSPIRE, ENCOURAGE AND TO FACILITATE CHARITABLE GIVING FOR LASTING IMPACT ON THOSE WHO LIVE IN THE SAN FERNANDO VALLEY AND SANTA CLARITA VALLEY
Describe the Organization's Program Activity:
Part 3 - Line 4a
ORGANIZED A WELL-RECEIVED REGIONAL CONFERENCE, HOMELESSNESS AND HOUSING, IN DECEMBER 2021 WHICH WAS CO-HOSTED WITH THE VALLEY ECONOMIC ALLIANCE.
HOSTED A WORKSHOP ON THE TAX BENEFITS OF CHARITABLE GIVING WHICH WAS ATTENDED BY FINANCIAL ADVISORS, CERTIFIED PUBLIC ACCOUNTANTS, AND NONPROFIT DEVELOPMENT PROFESSIONALS IN JANUARY 2022.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Heath Goldman Vice Chair | OfficerTrustee | 1 | $0 |
William Wolf Treasurer | OfficerTrustee | 1 | $0 |
Marianne Haver Hill Chair | OfficerTrustee | 1 | $0 |
Michael Koch Director | Trustee | 1 | $0 |
S Brigette Loden Executive Director | Trustee | 1 | $8,500 |
Jocelyn Guihama Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $73,577 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $95,862 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $9,500 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $5,300 |
| Advertising and promotion | $0 |
| Office expenses | $3,834 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $15,844 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,380 |
| All other expenses | $0 |
| Total functional expenses | $40,408 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $77,300 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $77,300 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $77,300 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $77,300 |