El Valor Corporation
- Assets
- $21.6m
- Revenue
- $27.0m
- Investments
- $0.0
- Employees
- 438
- Location
- Chicago, IL
- Founding
- 08/1975
- Data as of
- 06/2023
- EIN
- 23-7294683
Organization Overview
El Valor Corporation is located in Chicago, IL. The organization was established in 1975. According to its NTEE Classification (B28) the organization is classified as: Special Education, under the broad grouping of Education and related organizations. As of 06/2023, El Valor Corporation employed 438 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. El Valor Corporation 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 06/2023, El Valor Corporation generated $27.0m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 5.5% each year. All expenses for the organization totaled $26.3m during the year ending 06/2023. While expenses have increased by 5.9% per year over the past 4 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
EL VALOR'S MISSION IS TO SUPPORT CHILDREN, PEOPLE WITH DISABILITIES, AND THEIR FAMILIES TO ACHIEVE EXCELLENCE AND PARTICIPATE FULLY IN LIFE. OUR PROGRAMS EXIST TO CREATE OPPORTUNITIES, ENRICH AND EMPOWER VULNERABLE POPULATIONS TO BECOME THEIR OWN ADVOCATES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EARLY CHILDHOOD EDUCATION - SUPPORTS FAMILIES THROUGH BILINGUAL SEAMLESS COMPREHENSIVE PROGRAMMING THAT FOSTERS CREATIVE AND INNOVATIVE CHILD DEVELOPMENT SERVICES, PARENTAL INVOLVEMENT, MULTICULTURALISM, AND RESPECT. THIS IS DONE THROUGH A DUAL LANGUAGE PROGRAM, SMART CLASSROOMS, STEAM FOCUSED CURRICULUM, RELATIONSHIP-BASED APPROACH, AND INCLUSIVE PROGRAM FOR CHILDREN WITH DISABILITIES. HEAD START AND EARLY HEAD START EDUCATION SERVICES ARE PROVIDED TO CHILDREN IN FOUR CENTERS AND SATELLITE SITES. IN ADDITION, THIS PROGRAM SERVES MEALS AND PROVIDES DENTAL EXAMS TO THE CHILDREN.
ADULT PROGRAM - SERVICES THAT MAXIMIZE PERSONAL CHOICES, ENRICHMENT, AND INDEPENDENCE FOR ADULTS WITH DISABILITIES, INCLUDING JOB TRAINING, COMMUNITY DAY SERVICE, AND RESIDENTIAL HOUSING. THIS IS DONE THROUGH COMMUNITY INTEGRATED RESIDENTIAL AND DAY PROGRAMMING, EMPLOYMENT READINESS AND PLACEMENT SERVICES, HOME-BASED SUPPORT SERVICES, AND ACQUIRED BRAIN INJURY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rafael Malpica Board Chair | OfficerTrustee | 4 | $0 |
Joann Ornelas-Bauer Board Vice Chair | OfficerTrustee | 3 | $0 |
Allen Wesolowski Board Treasurer | OfficerTrustee | 4 | $0 |
Michelle Marme Board Secretary | OfficerTrustee | 2 | $0 |
Philip Fuentes Board Member | Trustee | 1 | $0 |
Miguel Ortega Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
The Children's Center Of Cicero-berwyn Day Care Provider | 6/29/23 | $2,191,782 |
Antigua Inc Contracting Services | 6/29/23 | $568,355 |
Kiddy Kare Preschool Day Care Provider | 6/29/23 | $244,891 |
Young Scholars Day Care Provider | 6/29/23 | $220,574 |
Bright Scholars Academy Llc Day Care Provider | 6/29/23 | $217,229 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $305,238 |
| Related organizations | $0 |
| Government grants | $26,250,526 |
| All other contributions, gifts, grants, and similar amounts not included above | $401,902 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $26,957,666 |
| Total Program Service Revenue | $80,913 |
| Investment income | $16,642 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$3,657 |
| Net Income from Fundraising Events | -$23,660 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $27,047,181 |
| 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. | $321,587 |
| Compensation of current officers, directors, key employees. | $321,587 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $14,195,081 |
| Pension plan accruals and contributions | $23,502 |
| Other employee benefits | $473,394 |
| Payroll taxes | $991,621 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,820 |
| Fees for services: Accounting | $69,688 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $4,145 |
| Fees for services: Other | $922,101 |
| Advertising and promotion | $0 |
| Office expenses | $436,685 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,014,524 |
| Travel | $344,023 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $238,163 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $636,789 |
| Insurance | $75,673 |
| All other expenses | $92,698 |
| Total functional expenses | $26,313,771 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,225 |
| Savings and temporary cash investments | $1,197,149 |
| Pledges and grants receivable | $5,350,856 |
| Accounts receivable, net | $8,574 |
| 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 | $9,007 |
| Net Land, buildings, and equipment | $14,046,557 |
| Investments—publicly traded securities | $498,711 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $519,263 |
| Total assets | $21,633,342 |
| Accounts payable and accrued expenses | $2,624,921 |
| Grants payable | $0 |
| Deferred revenue | $338,087 |
| 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 | $3,607,434 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,444,323 |
| Total liabilities | $8,014,765 |
| Net assets without donor restrictions | $13,075,072 |
| Net assets with donor restrictions | $543,505 |
| 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 | $21,633,342 |