Yakima Valley Visitors & Convention Foundation
- Assets
- $184.7k
- Revenue
- $67.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Yakima, WA
- Founding
- 01/2004
- Data as of
- 12/2021
- EIN
- 20-0459691
Organization Overview
Yakima Valley Visitors & Convention Foundation is located in Yakima, WA. The organization was established in 2004. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Yakima Valley Visitors & Convention Foundation 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 12/2021, Yakima Valley Visitors & Convention Foundation generated $67.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.7%) each year. All expenses for the organization totaled $68.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.2%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO RECEIVE, ADMINISTER AND DONATE FUNDS EXCLUSIVELY FOR EDUCATIONAL AND (SEE SCHEDULE O) TO RECEIVE, ADMINISTER AND DONATE FUNDS EXCLUSIVELY FOR EDUCATIONAL AND CHARITABLE PURPOSES, AND TO DEVELOP AND MAINTAIN BUILDINGS, PROJECTS, UNDERTAKINGS, STUDIES AND OTHER ACTIVITIES TO ENHANCE THE QUALITY OF LIFE IN THE YAKIMA VALLEY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ALL REVENUES AND EXPENSES DIRECTLY CONTRIBUTE TO THE MAINTENANCE AND OPERATION OF THE GATEWAY TO WINE COUNTRY BUILDING, WHICH IS OWNED BY THE CITY OF YAKIMA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Cooper President & CEO Of Yvvcb | Officer | 1 | $0 |
John Baule Member | Trustee | 0.25 | $0 |
Wanda Riel Member | Trustee | 0.25 | $0 |
Jennifer Bliesner Member | Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,020 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,020 |
| Total Program Service Revenue | $57,375 |
| Investment income | $33 |
| 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 | $9,298 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $67,726 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $31,179 |
| Pension plan accruals and contributions | $928 |
| Other employee benefits | $8,806 |
| Payroll taxes | $3,304 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $474 |
| Office expenses | $3,980 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $8,976 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $68,125 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $172,113 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,722 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $10,845 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $184,680 |
| Accounts payable and accrued expenses | $2,599 |
| 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 | $85,099 |
| Total liabilities | $87,698 |
| Net assets without donor restrictions | $96,982 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $184,680 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Yakima Valley Visitors & Convention Foundation has recieved totaling $93,528.
| Awarding Organization | Amount |
|---|---|
Yakima Valley Community Foundation Yakima, WA PURPOSE: CARES ACT REGRANTING FOR COVID-19 RELATED EXPENSES | $93,528 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Compass Public Charter School Inc Meridian, ID | $30,633,815 | $11,054,812 |
Saint Georges School Spokane, WA | $26,592,411 | $9,553,681 |
Eton School Foundation Bellevue, WA | $11,656,623 | $8,432,891 |
International School Portland, OR | $15,344,083 | $7,525,530 |
The Salem Academy Salem, OR | $8,184,722 | $7,213,475 |
Academy For Precision Learning Inc Seattle, WA | $1,437,426 | $6,388,788 |
Association Of Alaska School Board Juneau, AK | $4,154,375 | $6,095,779 |
Elk Mountain Academy Clark Fork, ID | $3,054,366 | $5,953,511 |
Head Start Of Yamhill County Inc Mcminnville, OR | $5,389,941 | $5,746,721 |
Rainier Prep Seattle, WA | $4,382,352 | $6,200,210 |
The Ambrose School Inc Meridian, ID | $14,069,972 | $5,975,864 |
Another Choice Virtual Charter School Nampa, ID | $838,821 | $5,057,935 |