Valley Achievement Center
- Assets
- $4.9m
- Revenue
- $6.9m
- Investments
- $0.0
- Employees
- 303
- Location
- Bakersfield, CA
- Founding
- 03/1999
- Data as of
- 07/2023
- EIN
- 95-4638631
Organization Overview
Valley Achievement Center is located in Bakersfield, CA. The organization was established in 1999. According to its NTEE Classification (B28) the organization is classified as: Special Education, under the broad grouping of Education and related organizations. As of 07/2023, Valley Achievement Center employed 303 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Valley Achievement Center 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 07/2023, Valley Achievement Center generated $6.9m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $8.4m during the year ending 07/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE EDUCATION & SKILLS TO PERSONS WITH AUTISM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING APPROPRIATE EDUCATION AND LIFE SKILLS TO CHILDREN AND ADULTS WITH AUTISM AND OTHER DISABILITIES. A CALIFORNIA DEPT OF EDUCATIONNON-PUBLIC SCHOOL. FOR THE PERIOD ENDED JULY 31, 2023 VAC HAD ANAVERAGE ENROLLMENT OF 270 STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laura M Williams Executive Director | Officer | 40 | $135,000 |
Vicheka Ek Director | Trustee | 1 | $0 |
Kaitlan Hulsey Director | Trustee | 1 | $0 |
Lauren Nolasco Director | Trustee | 1 | $0 |
Anthony Cordova Director | Trustee | 1 | $0 |
Russ Alred Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $175,949 |
| All other contributions, gifts, grants, and similar amounts not included above | $13,985 |
| Noncash contributions included in lines 1a–1f | $8,700 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $189,934 |
| Total Program Service Revenue | $6,163,787 |
| Investment income | $22,591 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $500 |
| Net Income from Fundraising Events | -$327 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,913,800 |
| 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. | $135,000 |
| Compensation of current officers, directors, key employees. | $135,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,254,652 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $473,356 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $14,582 |
| Office expenses | $80,376 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $774,648 |
| Travel | $3,067 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $77,129 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $219,961 |
| Insurance | $705,192 |
| All other expenses | $567,246 |
| Total functional expenses | $8,427,789 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $625,434 |
| Savings and temporary cash investments | $284,942 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $319,864 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $9,114 |
| Prepaid expenses and deferred charges | $107,925 |
| Net Land, buildings, and equipment | $2,677,684 |
| Investments—publicly traded securities | $878,315 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $29,935 |
| Total assets | $4,933,213 |
| Accounts payable and accrued expenses | $426,119 |
| Grants payable | $0 |
| Deferred revenue | $18,971 |
| 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 | $1,447,123 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,892,213 |
| Net assets without donor restrictions | $2,915,285 |
| Net assets with donor restrictions | $125,715 |
| 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 | $4,933,213 |