Valley View Volunteers & Interested Persons Support Organization Inc in W Lake Hills, Texas (TX)

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Table of contents:

• Overview
• Detailed Reports
  • Revenue, Expenses, and Changes in Net Assets or Fund Balances
  • Balance Sheets
  • Other Information
  • Reason for Public Charity Status
• Organizations performing similar types of work

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Valley View Volunteers & Interested Persons Support Organization Inc
Employer Identification Number (EIN)	742637458
Name of Organization	Valley View Volunteers & Interested Persons Support Organization Inc
Address	1201 S Capital Of Texas Hwy, W Lake Hills, TX 78746-6427
Activities	Parent or parent teachers association
Subsection	Charitable Organization
Ruling Date	07/1992
Deductibility	Contributions are deductible
Foundation	Organization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes
Organization	Corporation
Exempt Organization Status	Unconditional Exemption
Tax Period	06/2014
Assets	$100,000 to $499,999
Income	$100,000 to $499,999
Filing Requirement	990 (all other) or 990EZ return
Asset Amount	$194,145
Amount of Income	$196,850
Form 990 Revenue Amount	$143,349
National Taxonomy of Exempt Entities (NTEE)	Educational Institutions and Related Activities: Parent/Teacher Group

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Amount of income in 2014: $196,850 (it was $129,921 in 2013)

Valley View Volunteers & Interested Persons Support Organization Inc:	$196,850
Other organizations performing similar types of work:	$196,850

Assets in 2014: $194,145 (it was $156,266 in 2013)

Valley View Volunteers & Interested Persons Support Organization Inc:	$194,145
Other organizations performing similar types of work:	$134,560

Expenses in 2014: $106,597

Valley View Volunteers & Interested Persons Support Organization Inc:	$106,597
Other organizations performing similar types of work:	$106,597

Income to expenses ratio in 2014: 1.8

Valley View Volunteers & Interested Persons Support Organization Inc:	1.8
Other organizations performing similar types of work:	1.3

Grants share in income in 2014: 54.9%

Valley View Volunteers & Interested Persons Support Organization Inc:	54.9%
Other organizations performing similar types of work:	54.9%

Financial snapshot ($)

Revenue for 2014

Revenue, Expenses, and Changes in Net Assets or Fund Balances
	2012	2013	2014
Total revenue			$143,349
Contributions, gifts, grants, and similar amounts received			$78,736
Program service revenue including government fees and contracts			$21,978
Membership dues and assessments			$480
Investment income			$343
Gain/Loss from sale of assets other than inventory			$0
Net income/loss from gaming and fundraising events	$88,323	$60,604	$50,345
Gross income from gaming	$0	$0	$0
Gross income from fundraising events			$85,769
Less: direct expenses from gaming and fundraising events			$35,424
Gross profit/loss from sales of inventory			$-10,210
Gross sales of inventory, less returns and allowances			$7,867
Less: cost of goods sold			$18,077
Other revenue			$1,677
Total expenses			$106,597
Total net assets			$187,152
Excess/Deficit for the year			$36,752
Net assets or fund balances at beginning of year			$150,400
Other changes in net assets or fund balances			$0
Net assets or fund balances at end of year			$187,152

Balance Sheets
	2012	2013	2014
Total assets	$149,366	$156,266	$194,145
Total liabilities	$10,780	$5,866	$6,993
Net assets or fund balances			$187,152

Other Information
	2012	2013	2014
Did the organization engage in any significant activity not previously reported to the IRS?			No
Were any significant changes made to the organizing or governing documents?			No
Did the organization have unrelated business gross income of $1,000 or more during the year from business activities			No
Has the organization filed a Form 990-T for the year?		No	No
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?			No
Amount of political expenditures, direct or indirect			$0
Did the organization file Form 1120-POL for this year?			No
Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return?			No
Total amount involved			$0
Initiation fees and capital contributions			$0
Gross receipts for public use of club facilities			$0
Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ?			No
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?		No	No

Reason for Public Charity Status (for 2014)
The organization is not a private foundation because it is:	An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2)
Number of organizations supported	1
Sum of amounts of support	$22,145

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Organizations performing similar types of work
Id	Name	Address	State	Established	Total Income
1	Highland Park High School Parent Teacher Association	4220 Emerson Ave, Dallas, TX 75205-1070	TX	1942-07	$2,002,222
2	Forest Trail Elementary Booster Club Inc	1203 Loop 360 S, Austin, TX 78746-6427	TX	1992-06	$275,322
3	Al J Condit Pto	7000 S 3rd St, Bellaire, TX 77401-4420	TX	1995-11	$225,495
4	Valley View Volunteers & Interested Persons Support Organization Inc	1201 S Capital Of Texas Hwy, W Lake Hills, TX 78746-6427	TX	1992-07	$196,850
5	Sioux Falls Washington High School Marching Band Boosters	501 N Sycamore Ave, Sioux Falls, SD 57110-5752	SD	1998-08	$183,672
6	Collins Intermediate School Parent Teacher Organization	6020 Shadow Bend Pl, Woodlands, TX 77381-3143	TX	1992-03	$72,508
7	Saints Booster Club Inc	PO BOX 1137, Liberal, KS 67905-1137	KS	1993-09	$46,777
8	Royal Palm Parent Teacher Organization	8520 N 19th Ave, Phoenix, AZ 85021-4201	AZ	1992-03	$29,235
9	Creston Alumni Association	35841 Welch Creek Rd N, Creston, WA 99117	WA	1997-01	$0
10	Irving Elementary School Parent Teacher Organization Pto	3220 E Pueblo Ave, Mesa, AZ 85204	AZ	1992-01	$0
11	Petaluma Valley Association Of Parents And Teachers	2 Gnoss Concourse, Petaluma, CA 94952	CA	1997-05	$0
12	Scurry-Rosser Elementery Parent Teacher Organization	9511 Silver Creek, Scurry, TX 75158	TX	1992-06	$0
13	Tuttle Parent Teacher Organization	Po Box 7800, Tuttle, OK 73089	OK	1992-01	$0

Number of organizations performing similar types of work
Arizona 2 California 1 Kansas 1 Oklahoma 1	South Dakota 1 Texas 6 Washington 1
Total	13

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