Mary Valle Foundation For The Cerebral Palsied
- Assets
- $19.1m
- Revenue
- $1.9m
- Investments
- $0.0
- Employees
- 0
- Location
- Oakland, CA
- Founding
- 08/1959
- Data as of
- 06/2022
- EIN
- 94-6091513
Organization Overview
Mary Valle Foundation For The Cerebral Palsied is located in Oakland, CA. The organization was established in 1959. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mary Valle Foundation For The Cerebral Palsied 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, Mary Valle Foundation For The Cerebral Palsied generated $1.9m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 39.9% each year . All expenses for the organization totaled $814.5k during the year ending 06/2022. While expenses have increased by 1.6% per year over the past 6 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE PURPOSE OF THE FOUNDATION IS TO MAINTAIN AN ENDOWMENT TO PROVIDE SUPPLEMENTAL FUNDING TO ABILITY NOW BAY AREA (ANBA) IN TIMES OF FINANCIAL NEED WHEN THE ORGANIZATION'S OWN REVENUE GENERATION IS NOT ADEQUATE TO COVER THE OPERATING EXPENSES TO SERVE THOSE ENROLLED IN THE ORGANIZATION'S PROGRAMS. WHILE ANBA SHOULD ASPIRE TO OPERATE WITH A BALANCE OF REVENUE AND EXPENSE, THE ENDOWMENT WAS CREATED TO ENSURE ANBA WOULD NOT HAVE TO ENDURE THE CONSEQUENCES OF BEING UNDER FUNDED BY FEE-FOR-SERVICE SOURCES AND BY FOUNDATION AND INDIVIDUAL DONORS. THE FOUNDATION OWNS A BUILDING COMMONLY KNOWN AS 4500 LINCOLN AVENUE IN OAKLAND, CALIFORNIA, TO HOUSE THE PROGRAMS OF ANBA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS PROVIDED TO ABILITY NOW BAY AREA FOR PROGRAMS TO PROVIDE EDUCATION, SELF ESTEEM BUILDING AND SKILL TRAINING FOR ADULTS WITH SEVERE DEVELOPMENTAL DISABILITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul Wright Treasurer And CFO | OfficerTrustee | 2 | $0 |
Claudia Perkins Board Member | Trustee | 2 | $0 |
Robert Stein Board President | OfficerTrustee | 2 | $0 |
Ted Harris Board Member | Trustee | 2 | $0 |
Alan Sauer Board Member | Trustee | 2 | $0 |
Louise Nathe Secretary | OfficerTrustee | 2 | $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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $404,642 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$102,586 |
| Net Gain/Loss on Asset Sales | $1,601,859 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,903,915 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $804,000 |
| 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 | $6,450 |
| 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 | $0 |
| 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 | $3,921 |
| All other expenses | $150 |
| Total functional expenses | $814,521 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,839,757 |
| 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 | $10,047 |
| Net Land, buildings, and equipment | $434,813 |
| Investments—publicly traded securities | $15,778,270 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $32,578 |
| Total assets | $19,095,465 |
| 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 | $1,987,438 |
| Net assets with donor restrictions | $17,108,027 |
| 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 | $19,095,465 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Momentum Agencies Woodland Hills, CA | $23,551,895 | $50,752,607 |
United Cerebral Palsy Of The North Bay Inc Petaluma, CA | $59,140,035 | $20,488,544 |
United Cerebral Palsy Assoc Of Oreg On And Southwest Washington Inc Portland, OR | $9,137,366 | $11,676,017 |
United Cerebral Palsy Association Stockton, CA | $13,439,570 | $7,448,557 |
United Cerebral Palsy Of The Inland Empire Palm Desert, CA | $7,790,168 | $5,780,801 |
Ability Now Bay Area Inc Oakland, CA | $2,357,521 | $3,354,273 |
Mary Valle Foundation For The Cerebral Palsied Oakland, CA | $19,095,465 | $1,903,915 |
Special Childrens League Inc Woodland Hills, CA | $17,822 | $345,549 |
William H Isacoff Md Research Foundfor Gastrointestinal Cancer Los Angeles, CA | $9,997 | $5,806 |