Totals
- Total revenue
- $814,155
- Total expenses
- $829,498
- Contributions and grants received
- $813,322
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $27
- Other revenue
- $806
- Total assets, end of year
- $560,020
- Total liabilities, end of year
- $41,659
- Net assets or fund balances, end of year
- $518,361
- Program services expenses (Part IX)
- $654,357
- Management and general expenses
- $123,841
- Fundraising expenses
- $51,300
- Program service expenses (Part III)
- $654,357
Program services were 78.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1a · Federated campaigns
$0
-
1b · Membership dues
$0
-
1c · Fundraising events
$115,552
-
1d · Related organizations
$0
-
1e · Government grants (contributions)
$325,963
-
1f · All other contributions, gifts and grants
$371,807
-
1g · Noncash contributions included above
$3,100
-
3 · Investment income
total $27 · related or exempt $27 · unrelated business $0 · excluded $0
-
4 · Income from investment of tax-exempt bond proceeds
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
5 · Royalties
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
6c · Rental income or loss
real property $0 · personal property $0
-
7c · Gain or loss
securities $0 · other assets $0
-
8a · Fundraising events: contributions included on line 1c
$115,552
-
11d · All other revenue
total $806 · related or exempt $806 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$806
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $99,583 · management and general $99,583
-
7 · Other salaries and wages
total $519,109 · program services $519,109
-
9 · Other employee benefits
total $6,066 · program services $6,066
-
11b · Fees: legal
total $450 · management and general $450
-
11c · Fees: accounting
total $6,549 · management and general $6,549
-
11e · Fees: professional fundraising services
total $9,825 · fundraising $9,825
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $2,045 · management and general $0 · fundraising $2,045
-
12 · Advertising and promotion
total $48,696 · program services $16,232 · management and general $16,232 · fundraising $16,232
-
13 · Office expenses
total $17,555 · program services $15,975 · fundraising $1,580
-
14 · Information technology
total $9,710 · program services $7,686 · management and general $0 · fundraising $2,024
-
16 · Occupancy
total $5,891 · program services $2,536 · fundraising $3,355
-
19 · Conferences, conventions and meetings
total $1,027 · management and general $1,027
-
22 · Depreciation, depletion and amortization
total $32,158 · program services $32,158
-
23 · Insurance
total $5,955 · program services $5,825 · fundraising $130
-
24a · Other expenses: food & supplies
total $51,953 · program services $35,844 · management and general $0 · fundraising $16,109
-
24b · Other expenses: Repairs & Maintenance
total $7,332 · program services $7,332 · management and general $0 · fundraising $0
-
24c · Other expenses: travel expenses
total $4,976 · program services $4,976 · management and general $0 · fundraising $0
-
24d · Other expenses: Dues & Permits
total $618 · program services $618 · management and general $0 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $409,973 · end of year $412,663
-
2 · Savings and temporary cash investments
end of year $8,007
-
10a · Land, buildings and equipment: cost or other basis
$331,629
-
10b · Land, buildings and equipment: accumulated depreciation
$192,279
-
10c · Land, buildings and equipment, net
beginning of year $171,508 · end of year $139,350
-
23 · Secured mortgages and notes payable
beginning of year $13,414 · end of year $10,348
-
24 · Unsecured notes and loans payable
beginning of year $25,700
-
25 · Other liabilities
end of year $31,311
-
27 · Net assets without donor restrictions
beginning of year $542,367 · end of year $518,361
-
28 · Net assets with donor restrictions
beginning of year $0 · end of year $0
Mission and programs · 2022
Mission
COV serves under-resourced children and their families by valuing their cultural identity and empowering them through education, personal growth, and mentorship
Activities or mission (Part I)
Children of the Valley is a free referral based afterschool program for under-resourced youth in Skagit County, serving over 200 students annually.
-
After 15 years serving one location in partnership with the Mount Vernon School District, COV expanded to serving Burlington and Sedro-Woolley School Districts an average total of 200 students per year
Expenses $654,357
-
Increased student capacity from 60 students in 2019 to over 200 students annually
-
Created Dream Big scholarship for COV students, volunteers, and employees that graduate highschool and/or pursue post-secondary education.
-
Developed a partnership with Skagit Valley College to offer internships for students pursuing education as a career.
-
Partners with Western Washington University, Compass to Campus for education student internships.
As filed on the 2022 return.
Listed in Part VII
-
Flora Lucatero
Executive Director
- Total calculated
- $98,583
- From this org
- $98,583
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Beth Ashley
Board Chair
- Total calculated
- $0
- Hours/week
- 2
-
Dwight Nelson
Secretary
- Total calculated
- $0
- Hours/week
- 1
-
Ken Wagner
Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
Carlos Flores
Director
- Total calculated
- $0
- Hours/week
- 1
-
Erica Goana
Director
- Total calculated
- $0
- Hours/week
- 1
-
Steve Mowat
Director
- Total calculated
- $0
- Hours/week
- 1
-
David Rodriguez
Director
- Total calculated
- $0
- Hours/week
- 1
-
Aaron Starkovich
Director
- Total calculated
- $0
- Hours/week
- 1
-
Dylan Sicklesteel
Director
- Total calculated
- $0
- Hours/week
- 1
-
Brad Bergfalk
Director
- Total calculated
- $0
- Hours/week
- 1
-
Monica Vivanco
Director
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 25 April 2024
- IRS schema version
- 2022v5.0
- Source object
- 202401909349301405
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