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Nonprofiteer
← VALVERDE INC

Form 990 for tax year 2024

Filed by VALVERDE INC.

Totals

Total revenue
$225,424
Total expenses
$307,351
Contributions and grants received
$183,837
Grants paid
$0
Program service revenue
$41,583
Investment income
$4
Other revenue
$0
Total assets, end of year
$228,723
Total liabilities, end of year
$1,127,649
Net assets or fund balances, end of year
-$898,926
Program services expenses (Part IX)
$298,336
Management and general expenses
$9,015
Fundraising expenses
$0
Program service expenses (Part III)
$298,336

Program services were 97.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • ANIL RANAVAT

    SECOND VICE CHAIRPERSON

    Total calculated
    $0
    Hours/week
    1 + 3 related

  • LEONARD WASHINGTON

    SECRETARY

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • LESLIE B ABELL ESQ

    CHAIRPERSON

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • SHELLEY I SMITH ESQ

    VICE CHAIRPERSON

    Total calculated
    $0
    Hours/week
    1 + 4 related

  • STEVEN P BELTRAN ESQ

    TREASURER

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • SONHUI ROBILOTTA

    CHIEF FINANCIAL OFFICER

    Total calculated
    $203,462
    From this org
    $0
    From related orgs
    $201,342
    Other
    $2,120
    Hours/week
    1 + 42 related

    Schedule J breakdown matched by us

    Base
    $0 + $201,342 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $2,025 related
    Nontaxable benefits
    $0 + $95 related
    Filer's total
    $0 + $203,462 related

  • VERONICA ARTEAGA

    PRESIDENT/CEO

    Total calculated
    $338,533
    From this org
    $0
    From related orgs
    $329,797
    Other
    $8,736
    Hours/week
    1 + 42 related

    Schedule J breakdown matched by us

    Base
    $0 + $298,297 related
    Bonus
    $0 + $31,500 related
    Other
    $0
    Deferred
    $0 + $2,980 related
    Nontaxable benefits
    $0 + $5,756 related
    Filer's total
    $0 + $338,533 related

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

FORM 990, SCHEDULE J, PART II, LINE 3:
THE PRESIDENT OF THIS ORGANIZATION, VALVERDE, INC., IS ALSO THE PRESIDENT OF EXCEPTIONAL CHILDREN'S FOUNDATION, A RELATED ORGANIZATION. EXCEPTIONAL CHILDREN'S FOUNDATION HAS AN EXECUTIVE COMMITTEE OF ITS BOARD OF DIRECTORS, INDEPENDENT OF MANAGEMENT, WHICH OBTAINS COMPARATIVE COMPENSATION INFORMATION, REVIEWS AND APPROVES THE COMPENSATION OF THE PRESIDENT AND CEO, AND DOCUMENTS THE RESULTS IN A WRITTEN EMPLOYMENT CONTRACTS AND IN WRITTEN MEETING SUMMARIES.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
12 May 2026
IRS schema version
2024v5.5
Source object
202611359349312096

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