West Valley Education Foundation
- Assets
- $499.1k
- Revenue
- $19.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Spokane, WA
- Founding
- 07/2008
- Data as of
- 12/2021
- EIN
- 26-1510433
Organization Overview
West Valley Education Foundation is located in Spokane, WA. The organization was established in 2008. According to its NTEE Classification (B01) the organization is classified as: Alliances & Advocacy, 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. West Valley Education 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, West Valley Education Foundation generated $19.5k 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 (16.9%) each year. All expenses for the organization totaled $42.6k during the year ending 12/2021. 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
ENHANCE EDUCATION OPPORTUNITIES FOR STUDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
STUDENT SCHOLARSHIPS
TEACHER GRANTS
OTHER PROGRAM-RELATED EXPENSE.
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 |
|---|---|---|---|
Chris Howat President | OfficerTrustee | 1 | $0 |
Eric Rosentrater Vice-President | OfficerTrustee | 1 | $0 |
Brian Kazemba Treasurer | OfficerTrustee | 1 | $0 |
Lisa Moliterno Secretary | OfficerTrustee | 1 | $0 |
Bob Sinclair Board Member | Trustee | 1 | $0 |
Jeff Oka Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $3,865 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $16,687 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $20,552 |
| Total Program Service Revenue | $0 |
| Investment income | $4 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$1,054 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $19,502 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $39,500 |
| 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 | $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 | $2,184 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $821 |
| Advertising and promotion | $0 |
| Office expenses | $33 |
| 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 | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $75 |
| All other expenses | $0 |
| Total functional expenses | $42,613 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $47,828 |
| Savings and temporary cash investments | $83,525 |
| 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 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $367,703 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $499,056 |
| 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 | $427,744 |
| Net assets with donor restrictions | $71,312 |
| 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 | $499,056 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that West Valley Education Foundation has recieved totaling $14.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $14 |
Endowment Analysis
| Beg. Balance | $68,661 |
| Earnings | $2,651 |
| Ending Balance | $71,312 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Washington Restaurant Association Olympia, WA | $4,407,917 | $4,501,895 |
Alaska Council Of School Administrators Juneau, AK | $2,488,394 | $4,455,595 |
Washington Association Of School Administrators Tumwater, WA | $3,633,553 | $4,109,346 |
Association Of Washington School Principals Olympia, WA | $6,481,146 | $3,172,137 |
Communities In Schools Of Benton-Franklin Kennewick, WA | $4,226,513 | $4,908,458 |
Idaho School Boards Association Inc Boise, ID | $2,114,178 | $2,646,096 |
Wea Chinook Tumwater, WA | $5,076,115 | $2,461,645 |
Olympia Master Builders Olympia, WA | $1,219,760 | $789,550 |
Boost Oregon Portland, OR | $381,920 | $597,430 |
Wow China Inc Spokane, WA | $77,396 | $250,554 |
Children Learning Through Education And Research Alliance Inc Redmond, OR | $173,473 | $327,473 |
Portland Workforce Alliance Portland, OR | $736,386 | $413,907 |