Wvhy Inc
- Assets
- $25.0k
- Revenue
- $187.8k
- Investments
- $0.0
- Employees
- 3
- Location
- Northridge, CA
- Founding
- Data as of
- 12/2022
- EIN
- 86-2841607
Organization Overview
Wvhy Inc, operating under the name West Valley Homes Yes (wvhy), is located in Northridge, CA. According to its NTEE Classification (P85) the organization is classified as: Homeless Centers, under the broad grouping of Human Services and related organizations. As of 12/2022, West Valley Homes Yes (wvhy) employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. West Valley Homes Yes (wvhy) is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION IS A COMMUNITY-BASED MUTUAL-AID NONPROFIT, PROVIDING SUPPLIES AND SUPPORT TO PEOPLE EXPERIENCING HOMELESSNESS AND ADVOCATING FOR COMPASSIONATE, JUST, AND COLLABORATIVE SOLUTIONS TO HOMELESSNESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN FEBRUARY OF 2022, THE ORGANIZATION LAUNCHED THE RV PROGRAM WHICH IS CURRENTLY BEING USED TO CREATE A CITYWIDE PROTOCAL FOR ENGAGING VEHICLE DWELLERS. DURING THE YEAR THE ORGANIZATION ASSISTED OVER 100 INDIVIDUALS.
THE ORGANIZATION PROVIDES LUNCHES AND HYGIENE PRODUCTS, TO INDIVIDUALS EXPERIENCING HOMELESSNESS. WVHY ORGANIZES ONE OF THE LARGEST VOLUNTEER OUTREACH IN THE SAN FERNANDO VALLEY AND SERVED OVER 1,000 INDIVIDUALS THROUGHOUT THE YEAR.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kim Olsen Treasurer/ Executive Director | OfficerTrustee | 40 | $26,125 |
Renay Rodriguez Through Jul 2022 Secretary | OfficerTrustee | 0.5 | $0 |
Nicole Plescia From Aug 2022 Secretary | OfficerTrustee | 0.5 | $0 |
Thomas Booth Through Nov 2022 Board Member | Trustee | 0.5 | $0 |
Olivia Naturman Through Nov 2022 Board Member | Trustee | 1.5 | $0 |
Michelle Griest From Nov 2022 Secretary | OfficerTrustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $71,030 |
| All other contributions, gifts, grants, and similar amounts not included above | $116,774 |
| Noncash contributions included in lines 1a–1f | $84,850 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $187,804 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $187,804 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $95,784 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $26,125 |
| Compensation of current officers, directors, key employees. | $2,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $8,834 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,919 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $4,192 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $200 |
| Travel | $119 |
| 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 | $0 |
| Insurance | $3,806 |
| All other expenses | $0 |
| Total functional expenses | $163,796 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $24,315 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $721 |
| Total assets | $25,036 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $25,036 |
| Net assets with donor restrictions | $0 |
| 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 | $25,036 |