Federal Valley Resource Center is located in Stewart, OH. The organization was established in 2003. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Federal Valley Resource 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 06/2024, Federal Valley Resource Center generated $635.2k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 60.7% each year . All expenses for the organization totaled $669.2k during the year ending 06/2024. While expenses have increased by 55.4% per year over the past 5 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
THE PURPOSE OF THE FEDERAL VALLEY RESOURCE CENTER (FVRC), A NON-PROFIT 5013 ORGANIZATION, IS TO MANAGE, OPERATE, AND USE THE HISTORIC ROME-CANAAN SCHOOL CAMPUS IN STEWART, OHIO, FOR THE BENEFIT OF THE COMMUNITY AND SURROUNDING AREA, FVRC IS FOCUSED ON THE PRESERVATION OF THESE HISTORIC BUILDINGS, WHILE PROVIDING THE COMMUNITY WITH A PLACE FOR GATHERING AND EVENTS FEATURING ART, HISTORY, MUSIC, SPORTS, AND EDUCATION, AMONG OTHER ACTIVITIES. FVRC IS COMMITTED TO HELPING THE COMMUNITY WITH AN ESTABLISHED THRIFT STORE AND FOOD PANTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AN IMPORTANT PART OF THE FVRC MISSION IS TO MAINTAIN AND PRESERVE THE HISTORIC ROME CANAAN SCHOOL CAMPUS (BUILDINGS AND GROUNDS) LOCATED IN STEWART, OHIO. RESTORATION PROJECTS THIS PAST YEAR INCLUDE A SMALL CLASSROOM TO BE USED AS A BOOKROOM, LARGE CLASSROOM INCLUDING EXPOSED BRICK WALL FOR AN EXERCISE ROOM, MANY IMPROVEMENTS TO AUDITORIUM AND START TO WORK ON THE OLD HOME ECONOMICS ROOM THAT WILL ENHANCE OUR FOOD PANTRY. GENERAL MAINTENANCE, AND RESTORATION ARE CONDUCTED THROUGHOUT THE YEAR. COMMITTEES ARE HEADED BY FVRC BOARD MEMBERS AND INCLUDE VOLUNTEERS SOME OF WHICH ARE FORMER ALUMNI OF ROOM CANAAN SCHOOL.
THIS COMMUNITY CENTER HAS A LARGE MUSIC PROGRAM WHICH CATERS TO COMMUNITY MEMBERS OF ALL AGES AND EXPERIENCE. THIS FREE PROGRAM KEEPS REGULAR HOURS AND BY APPOINTMENT. IT INCLUDES AN EXTENSIVE INSTRUMENT LENDING LIBRARY WITH 100 PLUS INSTRUMENTS, PRIVATE INSTRUCTION, WORKSHOPS, PERFORMANCES AND WELL-EQUIPPED REHEARSAL SPACE. THE MUSIC ROOM IS IN THE ORIGINAL 1897 TWO ROOM SCHOOLHOUSE WHICH HAS BEEN FULLY RESTORED.
FVRC CONTINUES TO MAINTAIN SEVERAL BUILDINGS WHICH INCLUDE: 1) 1897 ORIGINAL TWO ROOM SCHOOLHOUSE THAT HOUSES COMMUNITY ROOM AND MUSIC ROOM, 2) 1920 ADDITION TO MAIN BUILDING THAT HOUSES MEETING ROOM, KITCHEN, AUDITORIUM, BOOK ROOM, FOOD PANTRY, THRIFT STORE AND SEVERAL OTHER ROOMS, 3) 1940 GYMNASIUM. IN THE PAST YEAR THE CENTER HOSTED MUSIC PERFORMANCES AND OFFERED FREE INSTRUCTION IN ART, QUILTING AND MUSIC, ALONG WITH THE THRIFT STORE BEING OPEN 3 DAYS A WEEK. PERFORMANCES AND PROGRAMS AVERAGED 50 TO 75 ATTENDEES. MEETING AND ACTIVITY SPACE WERE PROVIDED FREE OF CHARGE FOR BAND PRACTICE, AREA PROGRAM PLANNING AND NON-DENOMINATIONAL YOUTH MINISTRY. FVRC'S FOOD PROGRAM EXPANDED TO INCLUDE A WELL-STOCKED PANTRY, WEEKLY FOOD DISTRIBUTION AND MONTHLY FOOD BOXES TO COMMUNITY MEMBERS IN NEED. MULTIPLE SPACES AT FVRC ARE AVAILABLE FOR PRIVATE PARTIES, REUNIONS, WEDDINGS, BALL PRACTICE, ETC. TO AREA INDIVIDUALS AND GROUPS FOR A LOW-COST FEE. PROCEEDS ARE USED TO OFFSET UTILITY COSTS AND BUILDING UPKEEP. ANOTHER SOURCE OF INCOME USED FOR BUILDING REPAIR AND RESTORATION IS THE THRIFT STORE LOCATED IN OUR BASEMENT (FORMER BASKETBALL COURT 1920 TO 1920 AND THEN AS A CAFETERIA). IT OFFERS GENTLY USED CLOTHING AND HOME GOODS AT LOW COST. THE THRIFT STORE HAS MORE THAN TRIPLED ITS INCOME. STUDENTS FROM NEARBY FEDERAL HOCKING HIGH SCHOOL PARTICIPATE IN HELPFUL INTERNSHIPS (REQUIREMENT FOR GRADUATION) AND OCCASIONALLY COMMUNITY SERVICE WORKERS ARE PLACED AT FVRC
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Laura Carney Secretary | Officer | 5 | $0 |
Sara Conley Officer | Officer | 5 | $0 |
Gay Dalzell Officer | Officer | 7 | $0 |
Joanna Duquette Officer/food | Officer | 10 | $0 |
Brent Hayes Officer | Officer | 5 | $0 |
Therese Fieler Lackey President | Officer | 35 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $370 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $546,616 |
All other contributions, gifts, grants, and similar amounts not included above | $32,419 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $579,405 |
Total Program Service Revenue | $51,951 |
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 | $635,190 |
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 | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
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 | $0 |
Office expenses | $3,733 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $570,100 |
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 | $4,941 |
All other expenses | $3,570 |
Total functional expenses | $669,216 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $142,378 |
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 | $142,378 |
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 | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $142,378 |
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 | $142,378 |