Valley Public Television Inc
- Assets
- $3.4m
- Revenue
- $3.4m
- Investments
- $0.0
- Employees
- 33
- Location
- Fresno, CA
- Founding
- 03/1993
- Data as of
- 06/2022
- EIN
- 77-0162617
Organization Overview
Valley Public Television Inc is located in Fresno, CA. The organization was established in 1993. According to its NTEE Classification (A32) the organization is classified as: Television, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Valley Public Television Inc employed 33 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Valley Public Television Inc 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 06/2022, Valley Public Television Inc generated $3.4m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.4%) each year. All expenses for the organization totaled $4.1m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (0.7%) per year over the past 7 years. 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
VALLEY PBS ENRICHES, EDUCATES AND STRENGTHENS THE DIVERSE COMMUNITIES OF THE SAN JOAQUIN VALLEY OF CALIFORNIA THROUGH THE POWER OF PUBLIC SERVICE MEDIA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
VALLEYPBS ENRICHES, EDUCATES AND STRENGTHENS DIVERSE SAN JOAQUIN VALLEY COMMUNITIES FROM MERCED TO BAKERSFIELD, CALIFORNIA, THROUGH THE POWER OF PUBLIC SERVICE MEDIA. IN ITS FOURTH DECADE, THE STATION SERVES VALLEY RESIDENTS AS THEIR PRESCHOOL, CLASSROOM, STAGE FOR THE ARTS AND LENS FOR EXPLORATION WHERE THEIR SPIRITS ARE LIFTED AND THEIR VOICES AND PRESPECTIVES HEARD. THE ORGANIZATION IS DEDICATED TO IMPROVING THE QUALITY OF LIFE FOR ALL SAN JOAQUIN VALLEY RESIDENTS. IT HAS MAINTAINED A TRADITION OF SERVING AS A VITAL ASSET AND VENUE FOR EDUCATORS, FAMILIES AND COMMUNITY MEMBERS TO ACCESS QUALITY PROGRAMMING AND RESOURCES IMPORTANT TO THEIR EVERYDAY LIVES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Allison Hopkins Dir Of Development | 40 | $107,879 | |
Nancy Borjas COO | Officer | 40 | $105,554 |
Jeffrey Aiello President & CEO | Officer | 40 | $95,591 |
Marcelino Valdez Finance Chair | OfficerTrustee | 1 | $0 |
Jonathan Graves Board Chair | OfficerTrustee | 1 | $0 |
Ralph Goldbeck Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
18 Thirty Entertainment Llc Production | 6/29/21 | $231,125 |
Sebastian It | 6/29/21 | $182,550 |
Allegiance Fundraising Direct Mail Fundraising | 6/29/21 | $128,866 |
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 | $3,017,954 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,017,954 |
| Total Program Service Revenue | $384,150 |
| Investment income | $3,051 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $4,750 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $32,382 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,444,577 |
| 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. | $201,145 |
| Compensation of current officers, directors, key employees. | $137,099 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $931,474 |
| Pension plan accruals and contributions | $2,667 |
| Other employee benefits | $99,543 |
| Payroll taxes | $88,743 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| 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 | $170,009 |
| Advertising and promotion | $16,145 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $17,084 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $34,161 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $460,347 |
| Insurance | $38,646 |
| All other expenses | $638,363 |
| Total functional expenses | $4,104,795 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $734,425 |
| Savings and temporary cash investments | $809,647 |
| Pledges and grants receivable | $103,887 |
| Accounts receivable, net | $58,063 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $23,304 |
| Prepaid expenses and deferred charges | $129,154 |
| Net Land, buildings, and equipment | $1,462,992 |
| Investments—publicly traded securities | $37,822 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,359,294 |
| Accounts payable and accrued expenses | $512,772 |
| Grants payable | $0 |
| Deferred revenue | $270,258 |
| 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 | $577,566 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $133,179 |
| Total liabilities | $1,493,775 |
| Net assets without donor restrictions | $1,553,064 |
| Net assets with donor restrictions | $312,455 |
| 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 | $3,359,294 |