Valorfit
- Assets
- $139.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Winterset, IA
- Founding
- 03/2018
- Data as of
- 12/2022
- EIN
- 82-3984424
Organization Overview
Valorfit is located in Winterset, IA. The organization was established in 2018. According to its NTEE Classification (P01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Valorfit 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, Valorfit generated $55.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (8.4%) each year. All expenses for the organization totaled $45.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
VALORFIT BEGAN OFFERING SERVICES IN APRIL 2018, INITIALLY HAVING 30 VETERANS RECEIVED SERVICES IN 2018. VETERANS SUPPORTED GREW TO 91 IN 2019. DUE TO COVID 19 AND RELATED GYM CLOSURES, THE NUMBER OF VETERANS SUPPORTED THROUGH GYM MEMBERSHIPS DECREASED, BUT THE BOARD OF DIRECTORS AND OTHER VOLUNTEERS CONTINUED TO REACH OUT TO VETERANS. IN 2022, THE ORGANIZATION HAS SEEN A SIGNIFICANT INCREASE IN OUR SUPPORT OF VETERANS THROUGH GYM MEMBERSHIPS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Hintz President | 5 | $0 | |
Troy Peterson Executive Director | 40 | $0 | |
Tracy Youmans Treasuer | 5 | $0 | |
Alison Vice Secretary | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $53,153 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $2,648 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $55,801 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $295 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $45,026 |
| Total expenses | $45,321 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $139,186 |
| Other assets | $0 |
| Total assets | $139,186 |
| Total liabilities | $0 |
| Net assets or fund balances | $139,186 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Valorfit has recieved totaling $313.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $313 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Council On Family Relations St Paul, MN | $5,608,818 | $2,382,964 |
Wisconsin Alliance For Infant Mental Health Inc Middleton, WI | $1,078,301 | $1,755,310 |
Empower Missouri Jefferson City, MO | $2,046,709 | $837,328 |
Illinois Partners For Human Service Chicago, IL | $498,330 | $553,840 |
Let It Be Us Barrington, IL | $799,759 | $700,631 |
Minnesota Alliance On Crime St Paul, MN | $62,134 | $372,758 |
Eye Heart World Depere, WI | $49,622 | $425,285 |
One Day At A Time Ministries Inc Chicago, IL | $256,576 | $0 |
Us Catholic Sisters Against Human Trafficking Saint Louis, MO | $523,597 | $278,070 |
Better Life In Recovery Incorporated Springfield, MO | $47,223 | $248,997 |
Go Shout Love Foundation Inc Nixa, MO | $19,427 | $206,743 |
Alianza Hispanoamericana Nfp Inc West Dundee, IL | $42,540 | $202,132 |