Valley Verde
- Assets
- $615.5k
- Revenue
- $687.6k
- Investments
- $0.0
- Employees
- 14
- Location
- San Jose, CA
- Founding
- 01/2012
- Data as of
- 12/2022
- EIN
- 45-3084814
Organization Overview
Valley Verde is located in San Jose, CA. The organization was established in 2012. According to its NTEE Classification (P30) the organization is classified as: Children & Youth Services, under the broad grouping of Human Services and related organizations. As of 12/2022, Valley Verde employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Valley Verde is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Valley Verde generated $687.6k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 11.9% each year . All expenses for the organization totaled $554.5k during the year ending 12/2022. While expenses have increased by 10.1% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
VALLEY VERDE INCREASES SELF-SUFFICIENCY, HEALTH, AND RESILIENCE, THROUGH A CULTURALLY INFORMED COMMUNITY BASED FOOD SYSTEM TO PROMOTE FOOD JUSTICE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SHARED GARDEN PROGRAM: VALLEY VERDE PARTNERS WITH SCHOOLS IN UNDERSERVED NEIGHBORHOODS. CHILDREN ARE TAUGHT TO GARDEN AT SCHOOL, WHILE THEIR PARENTS GARDEN AT HOME. FAMILIES ENROLLED IN THE PROGRAM ARE PROVIDED RAISED-BED GARDENS AT HOME, ALONG WITH THE SUPPLIES NEEDED TO GROW FRESH VEGETABLES; SUCH AS SOIL, COMPOST, IRRIGATION SYSTEMS, AND SEEDLINGS. FAMILIES ATTEND A FULL YEAR OF MONTHLY WORKSHOPS WHERE THEY LEARN ABOUT BEST PRACTICES IN ORGANIC URBAN AGRICULTURE. WE ALSO SHARE IDEAS FOR HEALTHY, AFFORDABLE AND DELICIOUS MEALS. IN ADDITION TO BUILDING SKILLS,WORKSHOPS ARE AN OPPORTUNITY TO BUILD A STRONGER SENSE OF COMMUNITY WITH OTHERFAMILIES. AFTER THE FIRST YEAR, MANY HOME GARDENING ALUMNI STAY INVOLVED BY PICKINGUP FREE SEEDLINGS EACH SEASON FOR THEIR HOME GARDENS AND CONTINUING TO RECEIVETECHNICAL ADVICE FROM THE VALLEY VERDE COMMUNITY. DEEP ROOTS: AFTER A YEAR OF PARTICIPATION IN THE SHARED GARDEN PROGRAM, PARTICIPANTSARE ELIGIBLE TO PARTICIPATE IN THE DEEP ROOTS PROGRAM, WHERE THEY LEARN ADVANCED GARDENING SKILLS, SUCH AS PROPAGATING, SEED GERMINATION, AND WATER CONSERVATION. IT'S A SIX MONTH PROGRAM. SUPER JARDINEROS: A TWO-YEAR APPRENTICESHIP PROGRAM FOR DEEP ROOTS PROGRAM ALUMNI.PARTICIPANTS LEARN ENTREPRENEURSHIP AND JOB SKILLS TRAINING AS APPRENTICES AND LEARN TO GROW COMMERCIAL-QUALITY ORGANIC SEEDLINGS. THE SEEDLINGS ARE USED TO SUPPLY THE SHARED GARDEN PROGRAM AND/OR ARE SOLD TO THE PUBLIC. THE SEEDLINGS THAT ARE GROWN REFLECT THE CULTURAL PREFERENCES OF SANTA CLARA COUNTY'S LARGEST ETHNIC GROUPS, I.E. MEXICAN,VIETNAMESE, INDIAN, CHINESE, AND FILIPINO. HOMELAND NURSERY: VALLEY VERDE STARTED IT'S OWN NURSERY IN 2021. COMMUNITY MEMBERS CAN PURCHASE MULTI-ETHNIC VEGETABLE SEEDLINGS FOR THEIR GARDEN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Raul Lozano Executive Dir. | OfficerTrustee | 40 | $69,840 |
Lovepreet Kaur Executive Dir. | Officer | 40 | $65,163 |
Molly Carbajal Secretary | OfficerTrustee | 2 | $0 |
Jo Lerma President/treas | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $75,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $595,737 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $670,737 |
| Total Program Service Revenue | $0 |
| Investment income | $650 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $16,072 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $687,559 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $82,803 |
| Compensation of current officers, directors, key employees. | $7,505 |
| Compensation to disqualified persons | $313,927 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $40,981 |
| Payroll taxes | $34,418 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,820 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $18,884 |
| Advertising and promotion | $700 |
| Office expenses | $3,963 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $5,287 |
| Travel | $4,506 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,826 |
| Insurance | $3,819 |
| All other expenses | $492 |
| Total functional expenses | $554,456 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $580,700 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,198 |
| Prepaid expenses and deferred charges | $14,982 |
| Net Land, buildings, and equipment | $18,659 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $615,539 |
| Accounts payable and accrued expenses | $11,559 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $111 |
| Total liabilities | $11,670 |
| Net assets without donor restrictions | $123,369 |
| Net assets with donor restrictions | $480,500 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $615,539 |