Vermont Hills Family Life Center
- Assets
- $942.7k
- Revenue
- $2.4m
- Investments
- $0.0
- Employees
- 102
- Location
- Portland, OR
- Founding
- 02/1980
- Data as of
- 06/2023
- EIN
- 93-0741267
Organization Overview
Vermont Hills Family Life Center is located in Portland, OR. The organization was established in 1980. According to its NTEE Classification (P33) the organization is classified as: Child Day Care, under the broad grouping of Human Services and related organizations. As of 06/2023, Vermont Hills Family Life Center employed 102 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vermont Hills Family Life 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 06/2023, Vermont Hills Family Life Center generated $2.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (6.5%) each year. All expenses for the organization totaled $2.7m during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (4.9%) per year over the past 8 years. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE HIGH QUALITY CHILD CARE IN THE PORTLAND METROPOLITAN AREA
Describe the Organization's Program Activity:
Part 3 - Line 4a
VHFLC IS DEDICATED TO ENRICHING THE LIVES OF CHILDREN THROUGH A SECURE AND WARM ENVIRONMENT THAT PROMOTES SELF-ESTEEM. OUR PROGRAM INVOLVES EACH CHILD IN HIS OR HER VARIOUS DEVELOPMENTAL STAGES. WE SUPPORT THE FAMILY AS IT ENCOURAGES EACH CHILD'S SPECIAL WORTH.THE PHILOSOPHY OF VHFLC IS TO PROVIDE FAMILIES WITH EDUCATION, DEVELOPMENT AND SUPPORT, THROUGH CHILDCARE AND OTHER FAMILY SERVICES. OUR PROGRAM CURRENTLY SERVICES APPROXIMATELY 200 PRESCHOOLERS AND 900 SCHOOL AGE CHILDREN AT OVER 35 SITES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Deborah Hales Executive Dir. | Officer | 40 | $98,097 |
Brenda Dengo Past Exec Direc | Officer | 40 | $61,305 |
Amanda Bastoni President | OfficerTrustee | 1 | $0 |
Joe Jessell Director | Trustee | 1 | $0 |
Andre Dengo Director | Trustee | 1 | $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 | $41,394 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $41,394 |
| Total Program Service Revenue | $2,383,870 |
| Investment income | $385 |
| 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 | $2,425,649 |
| 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. | $167,585 |
| Compensation of current officers, directors, key employees. | $13,407 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,691,618 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $77,327 |
| Payroll taxes | $228,239 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $74,293 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $5,000 |
| Advertising and promotion | $3,800 |
| Office expenses | $129,327 |
| Information technology | $10,875 |
| Royalties | $0 |
| Occupancy | $191,144 |
| Travel | $9,846 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,027 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $166 |
| Insurance | $34,907 |
| All other expenses | $6,377 |
| Total functional expenses | $2,747,831 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $43,856 |
| Savings and temporary cash investments | $850,455 |
| 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 | $48,435 |
| 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 | $942,746 |
| Accounts payable and accrued expenses | $27,198 |
| Grants payable | $0 |
| Deferred revenue | $18,192 |
| 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 | $45,390 |
| Net assets without donor restrictions | $897,356 |
| 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 | $942,746 |