Valeo is dedicated to enabling global workers to thrive Valeo exclusively serves those sent to minister cross-culturally by providing preventative and restorative care to strengthen their well-being and ministry.

501(c)(3) charity; gifts are tax-deductible.
68¢ of each $1 spent went to programs.
Run by 12 volunteers and 16 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $82K a year · 10% of revenue · last 6 filings
Looks good: a surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
68%
of spending
Fine: 68% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$92K
to officers and key staff · 10% of spending
Looks good: pay to officers and key staff is 10% of spending; 15% or less.
Pt VII · Sec A
4 mo
of spending, in cash
Looks good: 4.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
5
named funders · $89K
Looks good: 5 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$116K
15% of total assets
Looks good: liabilities are 15% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$933K
+2% vs prior year
Spent
$884K
To programs
68%
Net assets
$672K
By yearFY2020–FY2025
Revenue
$933K
FY2025▲ +2%
Tap a bar for its year
Revenue by fiscal year
FY2020$625K
FY2021$605K
FY2022$838K
FY2023$993K
FY2024$915K
FY2025$933K
Expenses
$884K
FY2025-0.3%
Tap a bar for its year
Expenses by fiscal year
FY2020$509K
FY2021$594K
FY2022$673K
FY2023$868K
FY2024$887K
FY2025$884K
Net assets
$672K
FY2025▲ +8%
Tap a bar for its year
Net assets by fiscal year
FY2020$294K
FY2021$306K
FY2022$471K
FY2023$596K
FY2024$624K
FY2025$672K

From the FY2025 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jan 1995.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

68 cents of each dollar spent went to programs.

Program services 68% · $603K Management & general 19% · $168K Fundraising 13% · $113K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

8 people listed on the 990; $92K paid to officers and key staff.

Part VII, Section A · reportable compensation
On Field Dir
$92,500Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Erik Troyer’s $92K as On Field Dir is at the 86th percentile of top reported officer pay among 2133 $100K–1M religion nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Curtis McGown—$97,404$95,272$90,591$85,468$80,750
Erik Troyer$92,500$79,960————

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Valeo INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Supports global workers in cross-cultural ministry with well-being and care.

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Provided by the organization

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1 program · $603K · in their own filed words · FY2025
01

Valeo develops emotional, relational and spiritual health in clients through counseling, psychiatric care, check ups and consulting. Clients include global workers and families, sending churches, and sending organizations. Delivery of services occurs in columbia, south carolina, and over the internet.

$603Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 5 funders →

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$933K
Ln 12
Fees for servicesLn 2g$543K
Gifts and grantsLn 1h$381K
Investment incomeLn 3$8K
Money outPt IX
$884K
Ln 25
Programscol B$603K
Managementcol C$168K
Fundraisingcol D$113K
Owns and owesPt X
$672K
net assets · Ln 32
Cash and savingsLn 1–2$325K
Total assetsLn 16$789K
LiabilitiesLn 26$116K
PeoplePt VI, VII
8
listed · VII A
PaidVII A1
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$381K
Noncash giftsLn 1g$37K
Fees for servicesLn 2g$543K
Investment incomeLn 3$8K
Other incomeLn 4–11$1K
Total revenueLn 12$933K
Assets in detailPt X, end of year
CashLn 1$87K
SavingsLn 2$239K
Cash and savings togetherLn 1–2$325K
Land, buildings, equipmentLn 10c$426K
Total assetsLn 16$789K
LiabilitiesLn 26$116K
Net assetsLn 32$672K
OperationsPt I, VI
EmployeesI 516
VolunteersI 612
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$283K$325K
Land, buildings, equipmentLn 10c$430K$426K
Total assetsLn 16$753K$789K
LiabilitiesLn 26$129K$116K
Net assetsLn 32$624K$672K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$92K$46K$37K$9K
Other salaries and wagesLn 7$567K$431K$74K$62K
Payroll taxesLn 10$38K$28K$6K$4K
Accounting feesLn 11c$5K$5K
Other fees for servicesLn 11g$13K$4K$9K
Advertising and promotionLn 12$10K$5K$1K$4K
Office expensesLn 13$11K$7K$2K$2K
OccupancyLn 16$12K$7K$4K$1K
TravelLn 17$12K$6K$3K$3K
InterestLn 20$6K$4K$2K$607
Depreciation, depletion and amortizationLn 22$17K$10K$5K$2K
InsuranceLn 23$12K$9K$2K$1K
Other expenses (24a–d)Ln 24$85K$46K$16K$24K
All other expensesLn 24e$2K$875$627
Total functional expensesLn 25$884K$603K$168K$113K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $933K$884K$49K$672K 990 PDF
FY2024 $915K$887K$28K$624K 990 PDF
FY2023 $993K$868K$125K$596K 990 PDF
FY2022 $838K$673K$165K$471K 990 PDF
FY2021 $605K$594K$11K$306K 990 PDF
FY2020 $625K$509K$115K$294K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support M · Noncash O · Explanations
See the full FY2025 990 (6 parts)
Part I · Summary $933,072 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $355,012$381,001
I-9 Program service revenuePrior year $557,400$543,016
I-10 Investment incomePrior year $660$7,844
I-11 Other revenuePrior year $1,717$1,211
I-12 Total revenuePrior year $914,789$933,072
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $675,197$697,112
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $211,623$187,303
I-18 Total expensesPrior year $886,820$884,415
I-19 Revenue less expensesPrior year $27,969$48,657
Part VI · Governance 7 of 7 board members independent, no flags
VI-1a Voting members of the governing body7
VI-1b Independent voting members7
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $933,072 across 7 lines filed
VIII-1f All other contributions, gifts and grants$381,001
VIII-1g Noncash contributions (included above)$36,553
VIII-1h Total contributions, gifts and grants$381,001
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $543,016$543,016
VIII-3 Investment incomeExcluded from tax $7,844$7,844
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $1,211$1,211
VIII-12 Total revenueRelated to mission $544,227 · Excluded from tax $7,844$933,072
Part IX · Statement of functional expenses $884,415 across 14 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $46,250 · Management $37,000 · Fundraising $9,250$92,500
IX-7 Other salaries and wagesPrograms $430,548 · Management $74,138 · Fundraising $61,880$566,566
IX-10 Payroll taxesPrograms $27,524 · Management $6,416 · Fundraising $4,106$38,046
IX-11c Accounting feesManagement $5,400$5,400
IX-11g Other fees for servicesPrograms $4,402 · Management $8,805$13,207
IX-12 Advertising and promotionPrograms $5,162 · Management $1,033 · Fundraising $4,130$10,325
IX-13 Office expensesPrograms $7,181 · Management $2,169 · Fundraising $1,953$11,303
IX-16 OccupancyPrograms $6,945 · Management $4,112 · Fundraising $1,228$12,285
IX-17 TravelPrograms $6,005 · Management $3,003 · Fundraising $3,003$12,011
IX-20 InterestPrograms $3,638 · Management $1,819 · Fundraising $607$6,064
IX-22 Depreciation, depletion and amortizationPrograms $10,410 · Management $5,205 · Fundraising $1,735$17,350
IX-23 InsurancePrograms $8,742 · Management $2,498 · Fundraising $1,249$12,489
IX-24 Other expenses (24a–d)Programs $45,600 · Management $15,750 · Fundraising $24,017$85,367
IX-24e All other expensesPrograms $875 · Management $627$1,502
IX-25 Total functional expensesPrograms $603,282 · Management $167,975 · Fundraising $113,158$884,415
Part X · Balance sheet $788,550 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $112,834$86,921
X-2 Savings and temporary cash investmentsStart of year $170,660$238,504
X-3 Pledges and grants receivableStart of year $5,614$4,318
X-4 Accounts receivableStart of year $21,865$16,000
X-9 Prepaid expenses and deferred chargesStart of year $12,390$16,639
X-10c Land, buildings and equipment, netStart of year $429,718$426,168
X-16 Total assetsStart of year $753,081$788,550
X-17 Accounts payable and accrued expensesStart of year $1,054$6,097
X-26 Total liabilitiesStart of year $129,347$116,159
X-27 Net assets without donor restrictionsStart of year $441,295$482,300
X-28 Net assets with donor restrictionsStart of year $182,439$190,091
X-32 Total net assets or fund balancesStart of year $623,734$672,391
X-33 Total liabilities and net assetsStart of year $753,081$788,550
Part XI · Reconciliation of net assets $672,391 net assets at year end
XI-1 Total revenue$933,072
XI-2 Total expenses$884,415
XI-3 Revenue less expenses$48,657
XI-4 Net assets at start of year$623,734
XI-10 Net assets at end of year$672,391

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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