Val Verde Training Center
- Assets
- $81.3k
- Revenue
- $350.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Del Rio, TX
- Founding
- 09/1967
- Data as of
- 12/2022
- EIN
- 74-2898717
Organization Overview
Val Verde Training Center is located in Del Rio, TX. The organization was established in 1967. According to its NTEE Classification (J20) the organization is classified as: Employment Preparation & Procurement, under the broad grouping of Employment and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Val Verde Training Center 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 12/2022, Val Verde Training Center generated $350.3k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 28.1% each year . All expenses for the organization totaled $368.4k during the year ending 12/2022. While expenses have increased by 30.3% per year over the past 6 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE MENTORING, TUTORING AND CARE FOR AT-RISK CHILDREN WITHIN THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
VAL VERDE TRAINING CENTER PROVIDES AFTER SCHOOL AND SUMMER CARE. TRANSPORTATION IS PROVIDED FROM THEIR SCHOOL DURING THE SCHOOL YEAR. NUTRITIOUS SNACKS OR MEALS, RECREATIONAL TIME, CRAFTS, ENRICHMENT ACTIVITIES, ALONG WITH CHARACTER BUILDING GROUP DISCUSSIONS AND FAMILY SUPPORT FOR AT RISK STUDENTS ARE PROVIDED. CHILDREN RECEIVE HELP AND TIME IN COMPLETING THEIR HOMEWORK. IF NEEDED, TUTORS AND MENTORS ARE PROVIDED. SPECIAL NEEDS STUDENTS ARE INCLUDED IN THE PROGRAM. THE AVERAGE CLASS SIZE IS 35 AND IS BROKEN DOWN TO SMALLER GROUPS WHEN NEEDED. APPROXIMATELY 45 TO 55 CHILDREN ARE SERVED THROUGHOUT THE YEAR. DURING THE SUMMER, ALL DAY CARE FROM MONDAY THRU FRIDAY IS PROVIDED. ACTIVITIES INCLUDE FIELD TRIPS, WITHIN THE COUNTY, BOTH EDUCATIONAL AND RECREATIONAL, PHYSICAL ACTIVITIES, CRAFTS, SWIMMING, AND MOVIES. CHILDREN PARTICIPATE IN OUR "SUMMER BRIDGE" PROGRAM. THIS STUDY PROGRAM BRIDGES THE GAP BETWEEN THE PREVIOUS SCHOOL YEAR AND THE UPCOMING SCHOOL YEAR. THE SUMMER PROGRAM SERVES AN AVERAGE OF 40 CHILDREN. SERVICES ARE PROVIDED AT REDUCED RATES OR AT NO COST TO LOW INCOME FAMILIES. THE PROGRAM IS AVAILABLE TO AGES KINDERGARTEN THROUGH FIFTH GRADES. MENTORING PROGRAMS ARE OFFERED TO AT RISK STUDENTS AND THEIR PARENTS FOR AGES K THROUGH 6 WITH OBJECTIVES TO ADDRESS RISKY BEHAVIORS SUCH AS BULLYING, DRUGS, AND ALCOHOL USE.
VVTC'S "MY SUCCESS MENTORING AND TUTORING PROGRAM" TARGETS AT-RISK STUDENTS IN GRADES K-6TH. THE PROGRAM OFFERS SCHOOL BASED MENTORING, ACADEMIC TUTORING, WITH CHARACTER EDUCATION FOR STUDENTS AND THEIR PARENTS. TARGET NUMBER SERVED IS FROM 25 TO 30 STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dorothy High-Steed Vice President | OfficerTrustee | 20 | $56,431 |
Terry L Maris President | Trustee | 10 | $0 |
Chris Ryan Director | Trustee | 0 | $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 | $350,295 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $350,295 |
| Total Program Service Revenue | $0 |
| Investment income | $7 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $350,302 |
| 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. | $60,391 |
| Compensation of current officers, directors, key employees. | $60,391 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $211,355 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $21,605 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $300 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $9,440 |
| Advertising and promotion | $0 |
| Office expenses | $2 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $34,537 |
| Travel | $1,131 |
| 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 | $9,125 |
| Insurance | $526 |
| All other expenses | $1,669 |
| Total functional expenses | $368,415 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,805 |
| Savings and temporary cash investments | $0 |
| 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 | $71,452 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $81,257 |
| Accounts payable and accrued expenses | $4,732 |
| 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 | $49,474 |
| Other liabilities | $1 |
| Total liabilities | $54,207 |
| Net assets without donor restrictions | $27,050 |
| 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 | $81,257 |