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Nonprofiteer
← VAN NOY VALOR FOUNDATION INC

Form 990 for tax year 2022

Filed by VAN NOY VALOR FOUNDATION INC.

Totals

Total revenue
$44,533
Total expenses
$148,621
Contributions and grants received
$130,874
Grants paid
$40,700
Program service revenue
$0
Investment income
$0
Other revenue
-$86,341
Total assets, end of year
$22,905
Total liabilities, end of year
$15,629
Net assets or fund balances, end of year
$7,276
Program services expenses (Part IX)
$69,434
Management and general expenses
$16,969
Fundraising expenses
$62,218
Program service expenses (Part III)
$69,434

Program services were 46.7% 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.

  • 1c · Fundraising events

    $23,868

  • 1f · All other contributions, gifts and grants

    $107,006

  • 1g · Noncash contributions included above

    $34,568

  • 8a · Fundraising events: gross income

    $105,566

  • 8a · Fundraising events: contributions included on line 1c

    $23,868

  • 8b · Fundraising events: direct expenses

    $191,907

  • 8c · Net income from fundraising events

    total -$86,341

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $30,000 · program services $30,000

  • 2 · Grants to domestic individuals

    total $10,700 · program services $10,700

  • 11a · Fees: management

    total $38,236 · program services $19,118 · management and general $9,559 · fundraising $9,559

  • 11b · Fees: legal

    total $3,328 · program services $1,918 · fundraising $1,410

  • 11c · Fees: accounting

    total $302 · program services $196 · fundraising $106

  • 11g · Fees: other

    total $40,138 · program services $1,988 · management and general $5,640 · fundraising $32,510

  • 12 · Advertising and promotion

    total $14,287 · program services $3,839 · management and general $1,269 · fundraising $9,179

  • 17 · Travel

    total $8,927 · program services $89 · fundraising $8,838

  • 19 · Conferences, conventions and meetings

    total $550 · program services $485 · fundraising $65

  • 23 · Insurance

    total $2,153 · program services $1,101 · management and general $501 · fundraising $551

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $98,470 · end of year $13,399

  • 4 · Accounts receivable

    beginning of year $1,000 · end of year $783

  • 8 · Inventories for sale or use

    beginning of year $12,747 · end of year $8,723

  • 17 · Accounts payable and accrued expenses

    beginning of year $853 · end of year $15,629

  • 27 · Net assets without donor restrictions

    beginning of year $111,364 · end of year $7,276

Mission and programs · 2022

Mission

ENCOURAGING PERSONAL VALOR IN THE LIVES OF ADOPTED CHILDREN, THOSE IN FOSTER CARE AND DISADVANTAGED YOUTH BY ARMORING THEM WITH SUCCESS THROUGH RESOURCES, MENTORS AND OPPORTUNITIES.

  • HOLIDAY PARTY - KYLE & MARISSA HOST FINANCIALLY AT-RISK FOSTER FAMILIES TO PROVIDE THEM WITH THE GIFT OF CHRISTMAS. CHILDREN ARE GIFTED TOYS AND CUSTOM BUILD-A-BEARS AS THE VAN NOYS LOOK TO SPREAD SOME CHRISTMAS CHEER. EACH FAMILY RECEIVES A LIVE CHRISTMAS TREE COMPLETE WITH DECORATIONS AND LIGHTS, A CUSTOM VAN NOY VALOR FOUNDATION ORNAMENT, A POLAR EXPRESS BOOK, AND A GIFT CARD FOR GROCERIES. THE FAMILIES AND CHILDREN ALSO GET TO EXPERIENCE A VERY VAN NOY CHRISTMAS WONDERLAND COMPLETE WITH SANTA, COOKIE DECORATING, A LIVE DJ, AND OTHER HOLIDAY ACTIVITIES. THE FOUNDATION SERVED 53 FOSTER FAMILIES OR APPROXIMATELY 212 INDIVIDUALS (FOSTER CHILDREN AND PARENTS) IN THE INDOOR PORTION OF THE VERY VAN NOY CHRISTMAS AND 130 FOSTER FAMILIES OR APPROXIMATELY 560 INDIVIDUALS (FOSTER CHILDREN AND PARENTS) IN THE OUTDOOR PORTION OF THE PROGRAM, FOR A TOTAL OF 772 INDIVIDUALS.

    Expenses $16,942 · Grants $10,700

  • THE VAN NOY VALIANT KNIGHTS PROGRAM IS THE PREMIER ACADEMIC INTERNSHIP AND SCHOLARSHIP PROGRAM FOR STUDENTS AGING OUT OF FOSTER CARE. IN 2021, TWO LUCKY COLLEGE STUDENTS RECEIVED PAID INTERNSHIPS WITH THOUGHT INDUSTRIES. ADDITIONALLY, A COLLEGE SCHOLARSHIP WAS AWARDED TO A STUDENT FOR THE SCHOOL YEAR 2021-22.

    Expenses $42,652 · Grants $30,000

  • GENERAL ASSISTANCE IN ENCOURAGING PERSONAL VALOR IN THE LIVES OF ADOPTED CHILDREN, THOSE IN FOSTER CARE AND DISADVANTAGED YOUTH BY ARMORING THEM WITH SUCCESS THROUGH RESOURCES, MENTORS AND OPPORTUNITIES.

    Expenses $9,840

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Kyle Van Noy

    PRESIDENT

    Total calculated
    $0
    Hours/week
    2

  • Marissa Van Noy

    VICE PRESIDE

    Total calculated
    $0
    Hours/week
    2

  • Blaine Roche

    SECRETARY/TR

    Total calculated
    $0
    Hours/week
    2

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

  • REGIS COLLEGE

    $10,000

    SCHOLARSHIP

  • U MASS - AMHERST

    $10,000

    SCHOLARSHIP

  • BRIDGEWATER STATE UNIVERSITY

    $10,000

    SCHOLARSHIP

Provenance

Return type
form_990
Tax year
2022
Filed
24 October 2023
IRS schema version
2022v5.0
Source object
202303549349300515

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