Validation Training Institute Incorporated
- Assets
- $975.6k
- Revenue
- $185.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Pleasant Hill, OR
- Founding
- 02/1984
- Data as of
- 12/2021
- EIN
- 34-1406307
Organization Overview
Validation Training Institute Incorporated is located in Pleasant Hill, OR. The organization was established in 1984. According to its NTEE Classification (B30) the organization is classified as: Vocational & Technical 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. Validation Training Institute Incorporated 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, Validation Training Institute Incorporated generated $185.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 17.5% each year . All expenses for the organization totaled $73.4k during the year ending 12/2021. While expenses have increased by 0.9% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
VTI PROVIDES HIGH-QUALITY VALIDATION TRAINING TO CAREGIVERS OF OLDER ADULTS LIVING WITH FORMS OF DEMENTIA
Describe the Organization's Program Activity:
Part 3 - Line 4a
-DEVELOPMENT OF TRAINING CENTERS THAT OFFER VALIDATION TRAINING AND INFORMATION. -DEVELOP AND MAINTAIN QUALITY STANDARDS FOR CURRICULA, TRAINING MATERIALS AND THE SPREADING OF VALIDATION INFORMATION. -DEVELOP CURRICULA AND TRAINING MATERIALS ON THE VALIDATION METHOD. -TRANSLATION OF ALL MATERIALS INTO LANGUAGES SERVED BY TRAINING CENTERS. -SUPPORT TRAINING CENTERS AND CERTIFIED INDIVIDUALS. -MAINTAIN INTERNET BASED INFORMATION AND COMMUNICATION AMONG PEOPLE INTERESTED IN VALIDATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin Carlin Secretary | OfficerTrustee | 1 | $0 |
Fran Bulloff President | OfficerTrustee | 1 | $0 |
Ed Feil Treasurer | OfficerTrustee | 1 | $0 |
Harvey Sterns Chair Of Research Committee | OfficerTrustee | 1 | $0 |
Vicki DE Klerk-Rubin Executive Director | Officer | 10 | $0 |
Naomi Feil Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $10,187 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $120,332 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $130,519 |
| Total Program Service Revenue | $36,062 |
| Investment income | $13,805 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $4,890 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $185,276 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $8,231 |
| 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 | $37,770 |
| Advertising and promotion | $7,132 |
| Office expenses | $2,813 |
| Information technology | $6,914 |
| 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 | $0 |
| All other expenses | $0 |
| Total functional expenses | $73,366 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $104,830 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,737 |
| 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 | $868,019 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $975,586 |
| Accounts payable and accrued expenses | $3,954 |
| 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 | $47 |
| Total liabilities | $4,001 |
| Net assets without donor restrictions | $103,566 |
| Net assets with donor restrictions | $868,019 |
| 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 | $975,586 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Validation Training Institute Incorporated has recieved totaling $8,787.
| Awarding Organization | Amount |
|---|---|
Paypal Charitable Giving Fund Washington, DC PURPOSE: General Support | $8,754 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $33 |
Endowment Analysis
| Beg. Balance | $608,164 |
| Earnings | $59,855 |
| Net Contributions | $200,000 |
| Ending Balance | $868,019 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
District Council 16 Northern California & Apprentice Training San Leandro, CA | $28,313,624 | $15,228,971 |
Puget Sound Electrical Apprenticeship And Training Trust Renton, WA | $19,899,360 | $9,666,420 |
Seiu 503 Training Partnership Portland, OR | $26,268,019 | $3,868,415 |
Las Best Los Angeles, CA | $11,946,723 | $9,062,975 |
Ada Developers Academy Seattle, WA | $17,753,765 | $21,495,090 |
Codepath Org San Francisco, CA | $6,941,504 | $9,162,565 |
Neca-Ibew Electrical Training Trust Portland, OR | $14,916,871 | $7,992,939 |
Quest Scholars Program Palo Alto, CA | $18,833,898 | $9,171,706 |
Casa Loma College Van Nuys, CA | $6,230,067 | $6,276,144 |
Center For Caregiver Advancement Los Angeles, CA | $5,193,461 | $5,055,264 |
Ecole 42 Usa Fremont, CA | $70,301 | -$1,268,205 |
Joint Apprenticeship & Training Comm Of The Nw Line Const Indstry Vancouver, WA | $16,187,936 | $7,719,053 |