Valley Light Industries Inc
- Assets
- $1.2m
- Revenue
- $3.2m
- Investments
- $0.0
- Employees
- 99
- Location
- Baldwin Park, CA
- Founding
- 04/1971
- Data as of
- 06/2022
- EIN
- 95-2670325
Organization Overview
Valley Light Industries Inc is located in Baldwin Park, CA. The organization was established in 1971. According to its NTEE Classification (J21) the organization is classified as: Vocational Counseling, under the broad grouping of Employment and related organizations. As of 06/2022, Valley Light Industries Inc employed 99 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Valley Light Industries 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, Valley Light Industries Inc generated $3.2m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.9%) each year. All expenses for the organization totaled $2.7m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (3.9%) per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE DEVELOPMENTALLY DISABLED ADULTS WITH THE TOOLS TO IMPROVE THEMSELVES THROUGH INTEGRATED EMPLOYMENT AND SOCIAL OPPORTUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HABILITATION PROGRAMS: THE ORGANIZATION ADMINISTERS PROGRAMS ON BEHALF OF 5 REGIONAL CENTERS, WHICH IN TURN CONTRACT WITH THE STATE OF CALIFORNIA DEPARTMENT OF DEVELOPMENTAL SERVICES ON A FEE FOR SERVICE BASIS. THE ORGANIZATION SERVED APPROXIMATELY 50 CLIENTS IN THESE PROGRAMS DURING THE YEAR.
CONTRACT SERVICES: THE ORGANIZATION PROVIDES CONTRACT SERVICE PROGRAMS TO LOCAL BUSINESSES WITH INCLUDED FULFILLMENT ACTIVITIES PERFORMED AT THE ORGANIZATION'S SITE AND CONTRACT LABOR PROVIDED AT VARIOUS CONTRACTOR'S WORK SITES. THE ORGANIZATION SERVED APPROXIMATELY 25 CLIENTS IN THIS PROGRAM FOR APPROXIMATELY 3 CONTRACTORS DURING THE YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sheryl S Newman CEO | Officer | 40 | $135,186 |
Maria Amaya Chairperson | OfficerTrustee | 2 | $0 |
Janice Dykstra Secretary | OfficerTrustee | 1 | $0 |
Edith Vega Treasurer | OfficerTrustee | 1 | $0 |
Maria Mccloud Director | Trustee | 1 | $0 |
Vivian Teran Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $457,800 |
| 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 | $457,800 |
| Total Program Service Revenue | $2,710,218 |
| Investment income | $0 |
| 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 | $3,168,018 |
| 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. | $229,905 |
| Compensation of current officers, directors, key employees. | $130,611 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,699,159 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $140,090 |
| Payroll taxes | $121,452 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $52,068 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $102,115 |
| Advertising and promotion | $0 |
| Office expenses | $2,417 |
| Information technology | $14,910 |
| Royalties | $0 |
| Occupancy | $170,317 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $307 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $11,357 |
| Insurance | $55,157 |
| All other expenses | $3,363 |
| Total functional expenses | $2,739,520 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $952,320 |
| Savings and temporary cash investments | $164 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $228,601 |
| 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 | $27,380 |
| Net Land, buildings, and equipment | $31,892 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,240,357 |
| Accounts payable and accrued expenses | $271,497 |
| 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 | $271,497 |
| Net assets without donor restrictions | $968,860 |
| 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 | $1,240,357 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jewish Vocational & Career Counseling Service San Francisco, CA | $9,533,372 | $14,299,746 |
Madera County Workforce Investment Corporation Madera, CA | $3,640,142 | $3,072,166 |
Valley Light Industries Inc Baldwin Park, CA | $1,240,357 | $3,168,018 |
Womens Audio Mission San Francisco, CA | $7,033,240 | $2,295,631 |
Upward-Unitingprofessionalwomen Acceleratingrelationships& Saratoga, CA | $143,600 | $914,599 |
Klamath Works Inc Klamath Falls, OR | $906,071 | $1,407,836 |
Arizona Career Pathways Phoenix, AZ | $184,485 | $680,779 |
Womens Impact Alliance San Rafael, CA | $309,650 | $426,505 |
Renaissance-Parents Of Success San Francisco, CA | $0 | $548,382 |
Sex Workers Outreach Project Walnut, CA | $939,702 | $370,738 |
1team1dream Kelseyville, CA | $27,673 | $0 |
Ellevate Foundation Inc Camarillo, CA | $21,783 | $0 |
Friends For Injured Workers Studio City, CA | $0 | $0 |
Mlk 365 Elk Grove, CA | $27,426 | $0 |
Project Include San Francisco, CA | $188,825 | $6,832 |
Land Garcia Foundation Hayward, CA | $26,621 | $0 |
Invent Your Future Foundation San Carlos, CA | $2,893 | $0 |