Volunteers Of America Inc
- Assets
- $27.8m
- Revenue
- $112.5m
- Investments
- $0.0
- Employees
- 658
- Location
- Everett, WA
- Founding
- 05/1965
- Data as of
- 06/2022
- EIN
- 91-0577129
Organization Overview
Volunteers Of America Inc is located in Everett, WA. The organization was established in 1965. According to its NTEE Classification (P26) the organization is classified as: Volunteers of America, under the broad grouping of Human Services and related organizations. As of 06/2022, Volunteers Of America Inc employed 658 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Volunteers Of America 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, Volunteers Of America Inc generated $112.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 26.6% each year . All expenses for the organization totaled $108.8m during the year ending 06/2022. While expenses have increased by 25.5% per year over the past 7 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.
Since 2015, Volunteers Of America Inc has awarded 149 individual grants totaling $32,534,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
WE SERVE AND EMPOWER INDIVIDUALS, FAMILIES, AND COMMUNITIES. WE RESPOND TO OVER 200,000 COMPRENSIVE HUMAN SERVICE REQUESTS FOR ASSISTANCE (CONTINUE ON SCH O)
Describe the Organization's Program Activity:
Part 3 - Line 4a
ENCOURAGING POSITIVE DEVELOPMENT - HIGH QUALITY, INNOVATIVE SERVICES FOR DISADVANTAGED AND DISCONNECTED YOUTH. WE EMPOWER OLDER YOUTH TO BE PHYSICALLY, EMOTIONALLY, AND MENTALLY HEALTHY. WE PROVIDE A CONTINUUM OF CARE AND SUPPORT FOR YOUNG PEOPLE THOUGH PREVENTION, EARLY INTERVENTION, AND LONG-TERM SERVICES.
FOSTERING INDEPENDENCE - WE FOSTER THE HEALTH AND INDEPENDENCE OF SENIORS AND PEOPLE WITH DEVELOPMENTAL DISABILITIES AND THOSE VULNERABLE TO BECOMING ISOLATED WITHIN OUR COMMUNITIES. WE RECOGNIZE THE IMPORTANCE OF REACHING OUT TO AND CONNECTING WITH THESE INDIVIDUALS AND OFFER PROGRAMS THAT INCLUDE HOUSING, COMPANIONSHIP, AND RECREATION.
PROMOTING SELF-SUFFICIENCY - WE PROMOTE SELF-SUFFICIENCY FOR INDIVIDUALS AND FAMILIES WHO HAVE EXPERIENCED HUNGER, HOMELESSNESS, OR OTHER PERSONAL CRISIS. WE WORK WITH PEOPLE USING A STRENGTHS-BASED, SOLUTION-FOCUSED APPROACH, OFFERING A CONTINUUM OF SERVICES FROM PREVENTION TO INTERVENTION TO EMPOWERMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Corsi CEO | Officer | 40 | $269,958 |
Brian Smith COO | Officer | 40 | $177,777 |
Brian Rice Cao | Officer | 40 | $153,750 |
Kristi Meyer Cdo | Officer | 40 | $161,027 |
David Allard CFO | Officer | 40 | $121,867 |
Jennifer Nobiling CFO | Officer | 40 | $105,077 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $127,104 |
| Related organizations | $0 |
| Government grants | $99,665,600 |
| All other contributions, gifts, grants, and similar amounts not included above | $11,622,003 |
| Noncash contributions included in lines 1a–1f | $10,705,489 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $111,414,707 |
| Total Program Service Revenue | $811,109 |
| Investment income | $44,890 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $169,241 |
| Net Gain/Loss on Asset Sales | $65,148 |
| Net Income from Fundraising Events | -$6,722 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $112,498,373 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $5,669,294 |
| Grants and other assistance to domestic individuals. | $69,841,729 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,114,793 |
| Compensation of current officers, directors, key employees. | $1,114,793 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $21,847,247 |
| Pension plan accruals and contributions | $164,264 |
| Other employee benefits | $1,373,501 |
| Payroll taxes | $2,031,847 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $49,671 |
| Fees for services: Accounting | $118,252 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,906,624 |
| Advertising and promotion | $0 |
| Office expenses | $467,606 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,639,722 |
| Travel | $338,096 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $21,995 |
| Interest | $9,602 |
| Payments to affiliates | $477,552 |
| Depreciation, depletion, and amortization | $162,200 |
| Insurance | $35,927 |
| All other expenses | $0 |
| Total functional expenses | $108,811,201 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,054,517 |
| Savings and temporary cash investments | $4,935,547 |
| Pledges and grants receivable | $1,444 |
| Accounts receivable, net | $9,752,974 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $108,314 |
| Prepaid expenses and deferred charges | $236,664 |
| Net Land, buildings, and equipment | $1,968,356 |
| Investments—publicly traded securities | $2,299,951 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $7,450,334 |
| Total assets | $27,808,101 |
| Accounts payable and accrued expenses | $4,592,612 |
| Grants payable | $0 |
| Deferred revenue | $7,651,901 |
| 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 | $180,424 |
| Other liabilities | $0 |
| Total liabilities | $12,424,937 |
| Net assets without donor restrictions | $8,263,156 |
| Net assets with donor restrictions | $7,120,008 |
| 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 | $27,808,101 |
Grants Awarded
Over the last fiscal year, Volunteers Of America Inc has awarded $5,669,291 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
ARLINGTON FOOD BANK PURPOSE: Food distribution to low income individuals | $318,500 |
DARRINGTON FOOD BANK PURPOSE: food distribution to low income individuals | $63,701 |
EDMONDS FOOD BANK PURPOSE: food distribution to low income individuals | $573,299 |
EDMONDS WESTGATE CHAPEL PURPOSE: food distribution to low income individuals | $127,399 |
GRANITE FALLS FOOD BANK PURPOSE: food distribution to low income individuals | $191,099 |
LAKE STEVENS FOOD BANK PURPOSE: food distribution to low income individuals | $382,199 |