Valley Zoological Society Chartered May 1968
- Assets
- $12.8m
- Revenue
- $10.6m
- Investments
- $86.0k
- Employees
- 142
- Location
- Brownsville, TX
- Founding
- 06/1982
- Data as of
- 12/2021
- EIN
- 74-1604409
Organization Overview
Valley Zoological Society Chartered May 1968 is located in Brownsville, TX. The organization was established in 1982. According to its NTEE Classification (D50) the organization is classified as: Zoos & Aquariums, under the broad grouping of Animal-Related and related organizations. As of 12/2021, Valley Zoological Society Chartered May 1968 employed 142 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Valley Zoological Society Chartered May 1968 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, Valley Zoological Society Chartered May 1968 generated $10.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.2% each year. All expenses for the organization totaled $5.9m during the year ending 12/2021. While expenses have increased by 0.5% 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
THE VALLEY ZOOLOGICAL SOCIETY WAS ORGANIZED EXCLUSIVELY AS A CHARITABLE NON-PROFIT CORPORATION TO SERVE THE INTEREST OF CONSERVATION OF WILDLIFE AND EDUCATION ABOUT THE ECOLOGY OF OUR PLANET AND TO OPERATE AND MANAGE THE GLADYS PORTER ZOO.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GENERAL OPERATION AND MANAGEMENT OF THE GLADYS PORTER ZOO.
OPERATE RIDLEY TURTLE CONSERVATION PROJECT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patrick M Burchfield Eddms Executive Director | Officer | 40 | $144,950 |
Oralia Berlanga Comptroller | Officer | 40 | $63,773 |
Suzanne Shepard President | Officer | 1 | $0 |
Homero Juan Salmon III Secretary | Officer | 1 | $0 |
Anne Holand Miller Past-President | Officer | 1 | $0 |
Trudy Garza Treasurer | Officer | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Decorative Concrete Design Construction | 12/30/16 | $144,757 |
Maria F Gonzalez Construction | 12/30/16 | $143,867 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $502,685 |
| Fundraising events | $0 |
| Related organizations | $550,000 |
| Government grants | $4,461,576 |
| All other contributions, gifts, grants, and similar amounts not included above | $243,774 |
| Noncash contributions included in lines 1a–1f | $741,491 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,758,035 |
| Total Program Service Revenue | $3,482,114 |
| Investment income | $6,292 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $385,613 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $477,160 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $10,617,524 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $6,500 |
| 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. | $214,972 |
| Compensation of current officers, directors, key employees. | $18,568 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,574,917 |
| 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 | $45,372 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $119,511 |
| Office expenses | $398,507 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $603,779 |
| Travel | $3,322 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $65,123 |
| Interest | $265 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $212,472 |
| Insurance | $232,434 |
| All other expenses | $280,054 |
| Total functional expenses | $5,909,524 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,127,876 |
| Savings and temporary cash investments | $4,017,177 |
| Pledges and grants receivable | $426,198 |
| Accounts receivable, net | $773,353 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $245,897 |
| Prepaid expenses and deferred charges | $197,928 |
| Net Land, buildings, and equipment | $5,898,782 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $85,994 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $12,773,205 |
| Accounts payable and accrued expenses | $444,281 |
| Grants payable | $0 |
| Deferred revenue | $153,212 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $171,615 |
| 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 | $769,108 |
| Net assets without donor restrictions | $12,004,097 |
| 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 | $12,773,205 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Valley Zoological Society Chartered May 1968 has recieved totaling $13,046.
| Awarding Organization | Amount |
|---|---|
American Association Of Zoological Parks And Aquariums Inc Silver Spring, MD PURPOSE: SEA TURTLE RESCUE | $7,192 |
Communities Foundation Of Texas Dallas, TX PURPOSE: THIS GRANT IS DESIGNATED FOR GENERAL SUPPORT. | $5,854 |
Endowment Analysis
| Beg. Balance | $16,494,246 |
| Earnings | $1,102,614 |
| Admin Expense | $171,231 |
| Net Contributions | $37,522 |
| Other Expense | $550,000 |
| Ending Balance | $16,913,151 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Texas State Aquarium Association Corpus Christi, TX | $93,087,200 | $38,828,303 |
Valley Zoological Society Chartered May 1968 Brownsville, TX | $12,773,205 | $10,617,524 |
Abilene Zoological Society Abilene, TX | $1,231,061 | $3,907,882 |
South Texas Zoological Society Victoria, TX | $251,379 | $758,501 |
Oak Creek Zoological Conservatory Madisonville, TX | $31,936 | $240,680 |
Louisiana Purchase Zoological Society Monroe, LA | $185,136 | $313,912 |
Austin Zoological Society Inc Dripping Springs, TX | $59,068 | $14,032 |
Lubbock Aquarium Inc Lubbock, TX | $639,442 | $13,580 |