Fvo Solutions Inc
- Assets
- $0.0
- Revenue
- $154.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Pasadena, CA
- Founding
- 11/1999
- Data as of
- 08/2020
- EIN
- 95-2375691
Organization Overview
Fvo Solutions Inc is located in Pasadena, CA. The organization was established in 1999. According to its NTEE Classification (J33) the organization is classified as: Sheltered Employment, under the broad grouping of Employment and related organizations. Fvo Solutions 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 08/2020, Fvo Solutions Inc generated $154.5k 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 (34.7%) each year. All expenses for the organization totaled $243.9k during the year ending 08/2020. As we would expect to see with falling revenues, expenses have declined by (28.6%) per year over the past 6 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF FVO SOLUTIONS IS TO CREATE JOBS FOR PEOPLE WITH BARRIERS TO EMPLOYMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE DIRECT EMPLOYMENT PROGRAM PROVIDES TRAINING, COUNSELING AND EMPLOYMENT OPPORTUNITIES TO ADULTS WITH DEVELOPMENTAL DISABILITIES. CLIENTS WORK ON A VARIETY OF JOBS IN A NORMAL WORK ENVIRONMENT SETTING, WHILE EARNING REAL WAGES. THIS PROGRAM OFFERS A WIDE RANGE OF EMPLOYMENT AND VOCATIONAL SERVICES, MAXIMIZING CLIENTS' INDEPENDENCE AND LEVEL OF INTEGRATION INTO THE COMMUNITY. WE PROVIDE SERVICES TO APPROXIMATELY 40 INDIVIDUALS THROUGHOUT THE YEAR WITH AN AVERAGE DAILY ATTENDANCE OF 35 CLIENTS.
THE SUPPORTED EMPLOYMENT PROGRAM PROVIDES COMMUNITY-BASED EMPLOYMENT OPPORTUNITIES, INCLUDING TRAINING, COUNSELING, JOB PLACEMENT, AND ONSITE JOB COACHING, ENABLING ADULTS WITH DEVELOPMENTAL DISABILITIES AND OTHER CHALLENGES TO BECOME MORE SELF SUFFICIENT. THE PROGRAM SERVES AN AVERAGE OF 85 CLIENTS PER YEAR.
THE DIRECT EMPLOYMENT PROGRAM PROVIDES TRAINING, COUNSELING AND EMPLOYMENT OPPORTUNITIES TO ADULTS WITH DEVELOPMENTAL DISABILITIES. CLIENTS WORK ON A VARIETY OF JOBS IN A NORMAL WORK ENVIRONMENT SETTING, WHILE EARNING REAL WAGES. THIS PROGRAM OFFERS A WIDE RANGE OF EMPLOYMENT AND VOCATIONAL SERVICES, MAXIMIZING CLIENTS' INDEPENDENCE AND LEVEL OF INTEGRATION INTO THE COMMUNITY. WE PROVIDE SERVICES TO APPROXIMATELY 40 INDIVIDUALS THROUGHOUT THE YEAR WITH AN AVERAGE DAILY ATTENDANCE OF 35 CLIENTS.
THE SUPPORTED EMPLOYMENT PROGRAM PROVIDES COMMUNITY-BASED EMPLOYMENT OPPORTUNITIES, INCLUDING TRAINING, COUNSELING, JOB PLACEMENT, AND ONSITE JOB COACHING, ENABLING ADULTS WITH DEVELOPMENTAL DISABILITIES AND OTHER CHALLENGES TO BECOME MORE SELF SUFFICIENT. THE PROGRAM SERVES AN AVERAGE OF 85 CLIENTS PER YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Willan Johnson Board Member, Chair | OfficerTrustee | 3 | $0 |
Karen Mayeda Board Member, Vice Chair | OfficerTrustee | 3 | $0 |
Louis Teran Board Member, Secretary | OfficerTrustee | 3 | $0 |
Nathaniel Booker Board Member, Treasurer | OfficerTrustee | 3 | $0 |
Rob Wahlstrom Interim CEO | Officer | 40 | $0 |
Donald Nollar Board Member | Trustee | 3 | $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 | $107 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $107 |
| Total Program Service Revenue | $4,710 |
| Investment income | $256 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $28,877 |
| 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 | $85,360 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $154,497 |
| 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 | $41,961 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $15,963 |
| Payroll taxes | $4,659 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $38,957 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $42,462 |
| Advertising and promotion | $2,814 |
| Office expenses | $1,329 |
| Information technology | $6,672 |
| Royalties | $0 |
| Occupancy | $19,266 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $690 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $27,700 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $243,893 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $0 |
| 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 | $0 |
| 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 | $0 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Fvo Solutions Inc has recieved totaling $114,500.
| Awarding Organization | Amount |
|---|---|
Rose Hills Foundation Pasadena, CA PURPOSE: OPERATING SUPPORT | $50,000 |
California Community Foundation Los Angeles, CA PURPOSE: Economic Opportunity | $20,000 |
California Community Foundation Los Angeles, CA PURPOSE: Economic Opportunity | $20,000 |
David Vickter Foundation Glendora, CA PURPOSE: CHARITABLE | $12,000 |
John F Merrell Charitable Foundation Altadena, CA PURPOSE: CHILDREN AND YOUTH DEV | $10,000 |
Fletcher Jones Foundation Pasadena, CA PURPOSE: GENERAL OPERATING SUPPORT | $2,500 |
Endowment Analysis
| Beg. Balance | $14,608 |
| Earnings | $13 |
| Ending Balance | $14,621 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Opportunity Village Association For Retarded Citizens Las Vegas, NV | $64,889,988 | $60,120,570 |
Toolworks San Francisco, CA | $11,700,041 | $20,564,981 |
Desert Haven Enterprises Lancaster, CA | $5,503,572 | $10,942,775 |
Edwards Center Inc Beaverton, OR | $17,928,060 | $11,297,803 |
Porterville Sheltered Workshop Porterville, CA | $21,585,886 | $11,666,708 |
Momentum Work Inc Carpinteria, CA | $6,654,476 | $10,203,264 |
Vocational Visions Mission Viejo, CA | $8,528,961 | $8,323,346 |
Tvw Inc Hillsboro, OR | $5,988,307 | $6,820,019 |
California Vocations Inc Chico, CA | $7,807,839 | $6,041,454 |
Marie Mills Center Inc Tillamook, OR | $4,279,474 | $3,452,768 |
Sunrise Enterprises Of Roseburg Inc Roseburg, OR | $4,418,823 | $3,592,398 |
Goodwill Service Connection Inc Stockton, CA | $1,055,436 | $2,463,026 |