Valley Future Foundation Inc
- Assets
- $78.0k
- Revenue
- $53.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Fresno, CA
- Founding
- 09/2019
- Data as of
- 12/2021
- EIN
- 83-3384395
Organization Overview
Valley Future Foundation Inc is located in Fresno, CA. The organization was established in 2019. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Valley Future Foundation 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 12/2021, Valley Future Foundation Inc generated $53.5k in total revenue. All expenses for the organization totaled $64.5k during the year ending 12/2021.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE PURPOSE OF THE ORGANIZATION IS TO CONDUCT RESEARCH AND INVESTIGATE REPORTING ON ECONOMIC, SOCIAL, AND POLITICAL ISSUES OF SIGNIFICANCE TO CITIZENS OF THE SAN JOAQUIN VALLEY, AND TO EDUCATE THE PUBLIC ON THOSE MATTERS THROUGH PUBLICATIONS, LECTURES AND OTHER MEANS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO CONDUCT RESEARCH AND INVESTIGATE REPORTING ON ECONOMIC, SOCIAL, AND POLITICAL ISSUES OF SIGNIFICANCE TO CITIZENS OF THE SAN JOAQUIN VALLEY, AND TO EDUCATE THE PUBLIC ON THOSE MATTERS THROUGH PUBLICATIONS, LECTURES AND OTHER MEANS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anthony Ratekin Secretary | OfficerTrustee | 2.5 | $0 |
William Bourdeau Chairman | OfficerTrustee | 2.5 | $0 |
Ed Dunkel Member | Trustee | 2.5 | $0 |
Michael Thomason Member | Trustee | 2.5 | $0 |
Don Gropetti Member | Trustee | 2.5 | $0 |
Victor Davis Hanson Member | Trustee | 2.5 | $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 | $53,464 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $53,464 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $53,464 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $38,748 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $15,338 |
| 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 | $0 |
| Advertising and promotion | $498 |
| Office expenses | $7,708 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $64,486 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $78,017 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $78,017 |
| Accounts payable and accrued expenses | $0 |
| 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 | $16,351 |
| Other liabilities | $0 |
| Total liabilities | $16,351 |
| Net assets without donor restrictions | $0 |
| 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 | $61,666 |
| Total liabilities and net assets/fund balances | $78,017 |
Grants Awarded
Over the last fiscal year, Valley Future Foundation Inc has awarded $804,365 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
Fresno, CA PURPOSE: CHARITY | $197,224 |
Fresno, CA PURPOSE: CHARITY | $192,970 |
Fresno, CA PURPOSE: CHARITY | $131,193 |
Fresno, CA PURPOSE: CHARITY | $103,440 |
Fresno, CA PURPOSE: CHARITY | $66,775 |
Fresno, CA PURPOSE: CHARITY | $34,354 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mission Graduates San Francisco, CA | $3,883,649 | $11,314,485 |
New Tech Network Inc Napa, CA | $12,877,956 | $13,662,524 |
Oregon State University Bookstore Inc Corvallis, OR | $21,771,941 | $7,845,956 |
D-Veal Corporation Pasadena, CA | $1,060,148 | $8,616,279 |
Interfaith Food Center Santa Fe Springs, CA | $886,631 | $8,408,786 |
Educational Results Partnership Sacramento, CA | $3,391,130 | $3,866,159 |
Caremessage San Francisco, CA | $6,898,629 | $10,594,129 |
Core Districts Sacramento, CA | $6,393,095 | $5,685,377 |
Golden Oak Manor Inc San Rafael, CA | $6,249,784 | $2,003,606 |
Great Schools Oakland, CA | $7,609,862 | $7,265,817 |
Krishnamurti Foundation Of America Ojai, CA | $22,733,615 | $8,821,741 |
North Valley Christian Academy Phoenix, AZ | $21,880,412 | $8,715,772 |