Values Plus Foundation EIN 46-4706605

Values Plus Foundation FY2023 filing

EIN  46-4706605 Public charity (501(c)(3)) Fremont, CA
Form 990 (PDF)
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Teaches healthy living, offers values education, and provides food and resources to children and the underprivileged.
Leadership
Money in and out
$399K revenue, $222K expenses
Bottom line
91% program efficiency

Teaches healthy living, offers values education, and provides food and resources to children and the underprivileged. For fiscal year 2023 it reported $399K in revenue, $222K in expenses, and $1.4M in net assets.Pt I

Where the money goes · FY2023
Total revenue
$399K
Pt VIII · Ln 12
Total expenses
$222K
Pt IX · Ln 25
Net assets
$1.4M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $177K
Where spending went · Part IX cols B–D
Program services $0.91 Management & general $0.09
Program efficiency
91%
of spending reaches programs
Operating runway
77.3mo
months of highly liquid reserves at operating expense rate
Surplus margin
+44%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$399K
FY2023▲ +13%
Expenses
$222K
FY2023▼ -18%
Total assets
$1.7M
FY2023▲ +11%
Total liabilities
$308K
FY2023▼ -2%
Total revenue
$399K
Pt VIII · Ln 12
Total expenses
$222K
Pt IX · Ln 25
Net assets
$1.4M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$177K
Total assetsPt X · Ln 16$1.7M
Program-expense ratioPt IX · col B91%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 46
Mission & Programs · Part III

Where the work happens

3 program services account for $198K of program spending, described in the organization's own filed words · FY2023.
01

General Services

Accounts for collections from cow protection services and general services offered at the factility that visitors and volunteers contibute towards.

$90Kprogram expense
02

Values Plus Program

Teaches children the fundamental human values and natures them into well rounded, emotional and highly spiritually intelligent individuals.

$66Kprogram expense
03

Event Services

Event services accounts for the collections that are received from visitors and volunteers towards event services on event days and special days like bithdays and anniversaries.

$43Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CValues Plus Foundation
EINHdr · item D46-4706605
Principal addressHdr · item CFremont, CA
WebsiteHdr · item Jvaluesplusfoundation.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHealth Care (E70)
Ruling yearIRS BMFNov 2014

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
Independent voting membersPt VI · Ln 1b6
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Values Plus Foundation executive salaries →

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Statement of Revenue

Part VIII
Contributions & grants$212K · 53%
Program service revenue$187K · 47%
Contributions & grants53%$212K
Program service revenue47%$187K
Total revenueLn 12$399K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.91 Management & general $0.09
Program services91%$202K
Management & general9%$20K
Total functional expensesLn 25$222K

Balance Sheet

Part X · end of year
CashLn 1$182K
Total assetsLn 16$1.7M
Total liabilitiesLn 26$308K
Total net assetsLn 32$1.4M
Months of cash on handcomputed9.8

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1.4M · Operating expenses/yr $222K
77.3 months
Where the money goes
Program services
Program services $202K · Total expenses $222K
91%
Management & General
Management & general $20K · Total expenses $222K
9%
Fundraising
Fundraising $0 · Total expenses $222K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $185K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $212K · Total revenue $399K
53%
Government reliance
Government grants — · Total revenue $399K
Earned-income share
Program service revenue $187K · Total revenue $399K
47%
Investment reliance
Investment income $0 · Total revenue $399K
0%
Program self-sufficiency
Program service revenue $187K · Total expenses $222K
84%
Growth & trend
Revenue growth (YoY)
This year $399K · Prior year $352K
+13%
Net-asset trend (YoY)
End of year $1.4M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $399K · Expenses $222K
+44%
Liabilities-to-Assets
Total liabilities — · Total assets $1.7M
Net-asset ratio
Net assets $1.4M · Total assets $1.7M
82%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $1.3M · Total assets (Pt X, ln 16) $1.7M
73%
People & payroll
Highest Reported Total Compensation
Individual Kishore Reddy Nandyalaveeraven · Reported title Vice President · Highest reported compensation $0 · Total expenses $222K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $0 · Total expenses $222K
0%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 91%
Overhead ratio 9%
Fundraising cost ratio 0%
Revenue growth 13%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 0%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 4 funders →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$660K revenue · ⤓ 990 PDF
FY2023$399K revenue · viewing · ⤓ 990 PDF
FY2022$352K revenue · ⤓ 990 PDF
FY2021$283K revenue · ⤓ 990 PDF
FY2020$256K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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