Skip to content
Nonprofiteer
← VALOR RVA INC

Form 990 for tax year 2023

Filed by VALOR RVA INC.

Totals

Total revenue
$163,044
Total expenses
$147,315
Contributions and grants received
$139,291
Grants paid
$81,972
Program service revenue
$0
Investment income
$69,703
Other revenue
-$45,950
Total assets, end of year
$1,359,303
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$1,359,303
Program services expenses (Part IX)
$81,972
Management and general expenses
$65,343
Fundraising expenses
$0
Program service expenses (Part III)
$81,972

Program services were 55.6% 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

    $130,910

  • 1f · All other contributions, gifts and grants

    $8,381

  • 3 · Investment income

    total $45,994 · excluded $45,994

  • 7a · Gross sales of assets other than inventory

    securities $23,709

  • 7b · Less cost or other basis and sales expenses

    securities $0

  • 7c · Gain or loss

    securities $23,709

  • 7d · Net gain or loss

    total $23,709 · excluded $23,709

  • 8a · Fundraising events: gross income

    $5,787

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

    $130,910

  • 8b · Fundraising events: direct expenses

    $51,737

  • 8c · Net income from fundraising events

    total -$45,950 · excluded -$45,950

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $53,000 · program services $53,000

  • 2 · Grants to domestic individuals

    total $28,972 · program services $28,972

  • 5 · Compensation of officers, directors and key employees

    total $22,868 · management and general $22,868

  • 10 · Payroll taxes

    total $1,760 · management and general $1,760

  • 11c · Fees: accounting

    total $4,273 · management and general $4,273

  • 11f · Fees: investment management

    total $5,898 · management and general $5,898

  • 12 · Advertising and promotion

    total $5,700 · management and general $5,700

  • 13 · Office expenses

    total $16,983 · management and general $16,983

  • 14 · Information technology

    total $460 · management and general $460

  • 22 · Depreciation, depletion and amortization

    total $519 · management and general $519

  • 23 · Insurance

    total $512 · management and general $512

  • 24a · Other expenses: STATUE RELOCATION FUND

    total $2,596 · management and general $2,596

  • 24b · Other expenses: MISCELLANEOUS

    total $2,453 · management and general $2,453

  • 24c · Other expenses: PAYROLL PROCESSING FEE

    total $996 · management and general $996

  • 24d · Other expenses: SUPPLIES

    total $193 · management and general $193

  • 24e · All other expenses

    total $132 · management and general $132

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $30,757 · end of year $58,202

  • 10a · Land, buildings and equipment: cost or other basis

    $1,558

  • 10b · Land, buildings and equipment: accumulated depreciation

    $1,211

  • 10c · Land, buildings and equipment, net

    beginning of year $866 · end of year $347

  • 12 · Investments: other securities

    beginning of year $1,311,951 · end of year $1,300,754

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $1,343,574 · end of year $1,359,303

Mission and programs · 2023

Mission

THE ORGANIZATION SOLICITS AND RECEIVES FUNDS AND PROPERTY FROM ITS DONORS WHICH INCLUDES THE GENERAL PUBLIC FOR THE PURPOSE OF DISTRIBUTING SAME AS VOLUNTARY, GRATUITOUS, AND CHARITABLE GIFTS THAT BENEFIT SAFETY RESPONDERS SERVING THE METROPOLITAN RICHMOND AREA AND/OR DEPENDENTS OF SUCH RESPONDERS IN THE EVENT OF DEATH OR PERMANENT DISABILITY OCCURING IN THE LINE OF DUTY.

  • TO PROVIDE FINANCIAL ASSISTANCE TO PURSUE A HIGH SCHOOL OR UNDERGRADUATE COLLEGE EDUCATION TO DEPENDENTS OF A SAFETY RESPONDER WHO WAS KILLED OR HAS BEEN PERMANENTLY DISABLED IN THE LINE OF DUTY. TO ASSIST WITH THE PAYMENT OF EXPENSES ASSOCIATED WITH THE FUNERAL PROCESS FOR A DECEASED SAFETY RESPONDER. TO SPONSOR OR PARTICIPATE IN EVENTS THAT HONOR, OR TO MAKE AWARDS TO THOSE SAFETY RESPONDERS WHO HAVE RENDERED OUTSTANDING SERVICE TO THE COMMUNITY OF METROPOLITAN RICHMOND, VIRGINIA. TO ASSIST WITH THE PAYMENT OF LIVING EXPENSES PENDING THE RECEIPT OF INSURANCE AND OTHER BENEFIT PAYMENTS. TO ASSIST IN ANY OTHER MANNER DEEMED APPROPRIATE AND APPROVED BY THE BOARD OF DIRECTORS.

    Expenses $81,972 · Grants $81,972

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Scott Aronson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Paul Carnes

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Richard Hendrick

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Thomas Jefferson III

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Diana McMahon

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Pete Olson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Kevin Reardon

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Michael Siewers

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • William D Seldenv

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • David Nagle

    IMMEDIATE PAST CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Dorothye Brodersen

    CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Cindy Hodges

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Kathy Robbins

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Nancy C Thomas

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Jennifer Mosman

    EXECUTIVE DIRECTOR

    Total calculated
    $22,868
    From this org
    $22,868
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

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

Provenance

Return type
form_990
Tax year
2023
Filed
5 March 2024
IRS schema version
2023v4.0
Source object
202420749349301042

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.