Valleyfest
- Assets
- $63.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Veradale, WA
- Founding
- 04/1992
- Data as of
- 12/2021
- EIN
- 94-3152294
Organization Overview
Valleyfest is located in Veradale, WA. The organization was established in 1992. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Valleyfest 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, Valleyfest generated $88.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (12.2%) each year. All expenses for the organization totaled $89.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (12.6%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peggy Doering Executive Director | 35 | $10,000 | |
Claude R Wilhite Board President | 19 | $0 | |
Steve Florence Board Vice President | 1 | $0 | |
Gail Bongiovanni Board Secretary | 2 | $0 | |
Shirene Young Board Member | 1 | $0 | |
Stephanie Hughes Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $67,712 |
| Total Program Service Revenue | $20,544 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $88,256 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $27,533 |
| Professional fees and other payments to independent contractors | $22,864 |
| Occupancy, rent, utilities, and maintenance | $6,848 |
| Printing, publications, postage, and shipping | $201 |
| Other expenses | $29,875 |
| Total expenses | $89,462 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $63,899 |
| Other assets | $0 |
| Total assets | $63,899 |
| Total liabilities | $0 |
| Net assets or fund balances | $63,899 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Valleyfest has recieved totaling $17,158.
| Awarding Organization | Amount |
|---|---|
Innovia Foundation Spokane, WA PURPOSE: NON-PROFIT CARES GRANT - COVID RELIEF | $17,158 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Antfarm Inc Sandy, OR | $2,638,005 | $9,881,000 |
Larry And Jeanette Epping Family Foundation Salem, OR | $179,042,811 | $13,717,983 |
Evergreen Freedom Foundation Olympia, WA | $4,610,393 | $9,922,946 |
Portland Community Reinvestment Initiatives Inc Portland, OR | $37,093,919 | $7,550,357 |
Federal Defenders Of Eastern Washington And Idaho Spokane, WA | $1,389,146 | $8,114,646 |
Downtown Action To Save Housing Bellevue, WA | $39,641,188 | $9,615,500 |
Corvallis Neighborhood Housing Services Inc Corvallis, OR | $52,153,912 | $8,851,894 |
Homesight Seattle, WA | $62,181,156 | $6,802,889 |
Mt Spokane 2000 Mead, WA | $6,767,245 | $6,785,700 |
Macdonald Center Portland, OR | $16,186,098 | $5,744,715 |
Okanogan County Child Development Association Omak, WA | $674,681 | $5,437,564 |
Residential Youth Care Inc Ketchikan, AK | $4,909,086 | $5,009,265 |