Valley Paradigm Corporation
- Assets
- $3.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Porterville, CA
- Founding
- 10/2018
- Data as of
- 12/2021
- EIN
- 82-5119560
Organization Overview
Valley Paradigm Corporation is located in Porterville, CA. The organization was established in 2018. According to its NTEE Classification (N12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Valley Paradigm Corporation 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 Paradigm Corporation generated $9.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (11.1%) each year. All expenses for the organization totaled $8.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.2%) per year over the past 3 years. 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
2021
Describe the Organization's Program Activity:
Part 3
VALLEY PARADIGM CORPORATION IS NON PROFIT CORPORATION ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE PURPOSES, SPECIFICALLY TO PROVIDE A COMMUNITY FUND TO SUPPORT, DEVELOP, AND ADVANCE YOUTH SPORTS, WHILE TEACHING AND IMPROVING SOUND BUSINESS MANAGEMENT PRACTICES TO YOUTH IN THE COMMUNITY.THE CORPORATION WILL FIRST PROVIDE FINANCIAL ASSISTANCE AND/OR EQUIPMENT TO YOUTH SPORTING PROGRAMS AND TEAMS IN PORTERVILLE, CALFORNIA. THE CORPORATION WILL PROVIDE INSTRUCTION TO INDIVIDUALS, COACHES AND YOUTH TEAMS TO DEVELOP AND ADVANCE YOUTH SPORTS BY PROVIDING INDIVIDUAL INSTRUCTION, CLINICS AND INSTRUCTIONAL CAMPS. THE CORPORATION WILL EMPLOYE YOUTH TO MANAGE AND OPERATE VARIOUS FUNDRAISING ACTIVITIES, TEACHING THE YOUTH IMPORTANT BUSINESS MANAGEMENT AND CUSTOMER SERVICE SKILLS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Tree President | 1 | $0 | |
Robert Tree Secretary | 1 | $0 | |
Jacob Bedolla Treasurer | 1 | $0 | |
Manuel Azevedo Trustee | 1 | $0 | |
Emily Ashcraft Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $9,436 |
| Other Revenue | $0 |
| Total Revenue | $9,436 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $1,408 |
| Professional fees and other payments to independent contractors | $264 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $7,185 |
| Total expenses | $8,857 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $1,063 |
| Other assets | $0 |
| Total assets | $3,063 |
| Total liabilities | $207 |
| Net assets or fund balances | $2,856 |
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