James G And Marcia H Valeo
- Assets
- $62.2k
- Revenue
- $6.0k
- Investments
- $50.1k
- Employees
- 0
- Location
- Santa Monica, CA
- Founding
- 02/1987
- Data as of
- 08/2023
- EIN
- 95-4072056
Organization Overview
James G And Marcia H Valeo is located in Santa Monica, CA. The organization was established in 1987. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. James G And Marcia H Valeo 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 08/2023, James G And Marcia H Valeo generated $6.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (9.1%) each year. All expenses for the organization totaled $12.7k during the year ending 08/2023. As we would expect to see with falling revenues, expenses have declined by (8.3%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, James G And Marcia H Valeo has awarded 277 individual grants totaling $196,690. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James G Valeo President | 0.1 | $0 | |
Marcia Valeo Secretary | 0.1 | $0 | |
Thomas Valeo Financial Officer | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,623 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $4,343 |
| Capital Gain Net Income | $4,343 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $5,966 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $517 |
| Taxes | $166 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $3,073 |
| Contributions, gifts, grants paid | $9,600 |
| Total expenses and disbursements | $12,673 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,344 |
| Savings and temporary cash investments | $10,413 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $370 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $62,182 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, James G And Marcia H Valeo has awarded $9,600 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
ANNUAL CATHOLIC APPEAL PURPOSE: COMMUNITY SERVICES | $200 |
ARTS MISSOULA PURPOSE: COMMUNITY SERVICES | $500 |
BOYS & GIRLS CLUB OF PALM SPRINGS PURPOSE: COMMUNITY SERVICE | $1,000 |
BLACKFOOT CHALLENGE PURPOSE: COMMUNITY SERVICES | $200 |
CHRIST THE KING CHURCH PURPOSE: RELIGIOUS | $250 |
CLARK FORK COALITION PURPOSE: COMMUNITY SERVICES | $500 |