North Valley Community Foundation
- Assets
- $73.6m
- Revenue
- $23.9m
- Investments
- $274.4k
- Employees
- 40
- Location
- Chico, CA
- Founding
- 04/1994
- Data as of
- 06/2020
- EIN
- 68-0161455
Organization Overview
North Valley Community Foundation is located in Chico, CA. The organization was established in 1994. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 06/2020, North Valley Community Foundation employed 40 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.
For the year ending 06/2020, North Valley Community Foundation generated $23.9m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 36.6% each year . All expenses for the organization totaled $30.1m during the year ending 06/2020. While expenses have increased by 46.3% per year over the past 5 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.
Since 2019, North Valley Community Foundation has awarded 437 individual grants totaling $41,692,395. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE AND FACILITATE PHILANTHROPY, SOCIAL ACTION AND COMMUNITY ENGAGEMENT
Describe the Organization's Program Activity:
Part 3 - Line 4a
DISASTER RELIEF AND RECOVERY HAS BECOME A MAJOR PART OF OUR FOUNDATION OPERATIONS AS A RESULT OF THE 2019 CAMP FIRE, OTHER LOCAL WILDFIRES, AND THE COVID-19 PANDEMIC. ASSISTANCE THROUGH GRANTS TO MULTIPLE NONPROFIT AND GOVERNMENT ORGANIZATIONS AS WELL AS PROGRAMS RELATED TO DISASTER RECOVERY HAVE BEEN PROVIDED AS A RESULT OF MILLIONS OF DOLLARS OF DONATIONS TO THE FOUNDATION.
AS A COMMUNITY FOUNDATION, OUR CHARITABLE PROGRAM CONSISTS OF FOSTERING DONATIONS AND ADMINISTERING GRANTS FOR PUBLIC GOOD THROUGH VARIOUS FUNDS THAT ALSO PROVIDE A VARIETY OF COMMUNITY SERVICES WITH THE HELP OF NUMEROUS VOLUNTEERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alexa Benson-Valavanis President & CEO | OfficerTrustee | 40 | $149,986 |
Chris Hayashida-Knight Vice President, Operations | Officer | 40 | $88,536 |
David Little Executive Vice President, Communications | Officer | 40 | $56,235 |
Karsen Bradley CFO | Officer | 40 | $4,050 |
Farshad Azad Chair | OfficerTrustee | 4 | $0 |
Earl Jessee Vice Chair | OfficerTrustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $21,819,235 |
| Noncash contributions included in lines 1a–1f | $213,764 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $21,819,235 |
| Total Program Service Revenue | $340,794 |
| Investment income | $1,886,254 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$423,576 |
| Net Gain/Loss on Asset Sales | -$48,200 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $23,908,330 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $25,145,528 |
| Grants and other assistance to domestic individuals. | $87,532 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $364,300 |
| Compensation of current officers, directors, key employees. | $364,300 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $909,033 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $47,765 |
| Payroll taxes | $100,398 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,313 |
| Fees for services: Accounting | $53,553 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $579,191 |
| Fees for services: Other | $268,078 |
| Advertising and promotion | $75,031 |
| Office expenses | $108,660 |
| Information technology | $53,680 |
| Royalties | $0 |
| Occupancy | $57,577 |
| Travel | $17,974 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $63,592 |
| Interest | $153 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $34,142 |
| Insurance | $26,935 |
| All other expenses | $22,822 |
| Total functional expenses | $30,068,696 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,661,756 |
| Savings and temporary cash investments | $694,014 |
| Pledges and grants receivable | $3,422,003 |
| Accounts receivable, net | $140 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $161,535 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $7,240,374 |
| Investments—publicly traded securities | $50,098,637 |
| Investments—other securities | $274,441 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $73,552,900 |
| Accounts payable and accrued expenses | $48,849 |
| Grants payable | $5,430,998 |
| Deferred revenue | $671,039 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $1,436,777 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $335,789 |
| Other liabilities | $0 |
| Total liabilities | $7,923,452 |
| Net assets without donor restrictions | $61,776,722 |
| Net assets with donor restrictions | $3,852,726 |
| 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 | $73,552,900 |
Grants Awarded
Over the last fiscal year, North Valley Community Foundation has awarded $23,841,786 in support to 168 organizations.
| Grant Recipient | Amount |
|---|---|
Paradise, CA PURPOSE: GENERAL SUPPORT | $4,078,000 |
Chico, CA PURPOSE: GENERAL SUPPORT | $2,628,318 |
TOWN OF PARADISE PURPOSE: GENERAL SUPPORT | $1,635,836 |
Chico, CA PURPOSE: GENERAL SUPPORT | $1,504,247 |
BUTTE COUNTY PURPOSE: GENERAL SUPPORT | $1,287,800 |
COUNTY OF BUTTE DEPARTMENT OF EMPLOYMENT AND SOCIAL SERVICES PURPOSE: GENERAL SUPPORT | $1,284,201 |
Grants Recieved
Over the last fiscal year, we have identified 17 grants that North Valley Community Foundation has recieved totaling $4,240,260.
| Awarding Organization | Amount |
|---|---|
Golden Valley Bank Communityfoundation Chico, CA PURPOSE: CAMP FIRE RELIEF | $2,052,500 |
Golden Valley Bank Communityfoundation Chico, CA PURPOSE: CAMP FIRE RELIEF | $2,052,500 |
Raymond James Charitable Endowment Fund St Petersburg, FL PURPOSE: GENERAL USE AND/OR SPECIAL FUND/PROJECT | $63,000 |
Center For Disaster Philanthropy Inc Washington, DC PURPOSE: TO MEET THE IMMEDIATE NEEDS OF THOSE DIRECTLY AFFECTED BY WILDFIRES DURING THE INITIAL CRISIS AND TO SUPPORT LONG-TERM RECOVERY IN THE REGION AFFECTED BY WILDFIRES. | $50,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $15,534 |
Marshall Family Foundation Chico, CA PURPOSE: PROGRAM SUPPORT | $5,000 |
Endowment Analysis
| Beg. Balance | $2,349,803 |
| Earnings | $47,475 |
| Net Contributions | $1,637,031 |
| Grants | $181,583 |
| Ending Balance | $3,852,726 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Orange County Community Foundation Newport Beach, CA | $365,423,567 | $141,757,091 |
The San Diego Foundation San Diego, CA | $1,065,212,876 | $147,340,158 |
East Bay Community Foundation Oakland, CA | $594,786,047 | $456,879,431 |
Arizona Community Foundation Phoenix, AZ | $711,496,623 | $106,808,500 |
Hawaii Community Foundation Honolulu, HI | $698,916,314 | $96,096,508 |
Mayors Fund For Los Angeles Los Angeles, CA | $19,032,406 | $59,026,330 |
Santa Barbara Foundation Santa Barbara, CA | $392,665,597 | $29,668,906 |
North Valley Community Foundation Chico, CA | $73,552,900 | $23,908,330 |
Community Foundation For Monterey County Monterey, CA | $291,001,254 | $36,184,059 |
International Community Foundation National City, CA | $29,279,922 | $25,762,686 |
Community Foundation Sonoma County Santa Rosa, CA | $184,521,909 | $22,423,580 |
Sacramento Region Community Foundation Sacramento, CA | $156,284,714 | $21,564,845 |