Valerie Fund
The Valerie Fund: Strong Program Spending, but Transparency Lacking on Executive Compensation
EIN: 222126867 · Maplewood, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $11.3M |
| Total Expenses | $5.9M |
| Program Spending | 80% |
| Net Assets | $17.1M |
| Transparency Score | 85/100 |
Is Valerie Fund Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Valerie Fund directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Valerie Fund
Valerie Fund (EIN: 222126867) is a nonprofit organization based in Maplewood, NJ. The organization reported total revenue of $11.3M and total assets of $21.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Valerie Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Valerie Fund is a large nonprofit that has been operating for 47 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $8.6M |
| Total Expenses | $5.9M |
| Surplus / Deficit | +$2.7M |
| Total Assets | $19.4M |
| Total Liabilities | $2.2M |
| Net Assets | $17.1M |
| Operating Margin | 31.0% |
| Debt-to-Asset Ratio | 11.6% |
| Months of Reserves | 39.1 months |
Financial Health Grade: A
In 2023, Valerie Fund reported a surplus of $2.7M with revenue exceeding expenses, holds 39.1 months of operating reserves (strong position), has a debt-to-asset ratio of 11.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Valerie Fund's revenue has grown at a compound annual growth rate (CAGR) of 8.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +13.9% | -26.1% | +17.5% |
| 2022 | -8.4% | +66.5% | +3.9% |
| 2021 | +90.4% | +1.5% | +30.8% |
| 2020 | -7.8% | -6.7% | +1.4% |
| 2019 | -25.3% | +0.3% | +3.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1979 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Valerie Fund with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, Valerie Fund allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2.7M, with revenue exceeding expenses.
- Debt-to-asset ratio: 11.6%.
Executive Compensation Analysis
Without specific executive compensation figures from the provided data, a detailed assessment is not possible; however, the lack of this information raises questions about transparency.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Valerie Fund's IRS 990 filings:
- Lack of specific executive compensation details in the provided data makes it difficult to assess fairness and appropriateness.
- The provided data does not include a 'net assets without donor restrictions' figure, which could offer more insight into financial flexibility.
Strengths
The following positive indicators were identified for Valerie Fund:
- Consistently strong program spending, with 80% of expenses dedicated to programs in the most recent filing.
- Healthy asset growth over the past several years, from $10,265,075 in 2016 to $19,351,848 in 2023.
- Consistent revenue generation, with recent years showing significant increases (e.g., $7,561,676 in 2022 to $8,611,163 in 2023).
Frequently Asked Questions about Valerie Fund
Is Valerie Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Valerie Fund (EIN: 222126867) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does Valerie Fund spend its money?
Valerie Fund directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Valerie Fund tax-deductible?
Valerie Fund is registered as a tax-exempt nonprofit (EIN: 222126867). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Valerie Fund's spending goes to programs?
Valerie Fund directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Valerie Fund located?
Valerie Fund is headquartered in Maplewood, New Jersey and files with the IRS under EIN 222126867.
How many years of IRS 990 filings does Valerie Fund have?
Valerie Fund has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $11.3M in total revenue.
What does Valerie Fund do?
Valerie Fund is a nonprofit organization in the Unknown sector, located in Maplewood, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Valerie Fund have?
Valerie Fund reported total revenue of $11,322,034. Based on 13 IRS 990 filings on record.
What are Valerie Fund's total assets?
Valerie Fund holds total assets of $21,231,838 as reported in IRS 990 filings.
Where is Valerie Fund located?
Valerie Fund is based in Maplewood, New Jersey.
What is Valerie Fund's EIN?
Valerie Fund's Employer Identification Number (EIN) is 222126867. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Valerie Fund?
Valerie Fund is classified under NTEE code Unknown (Unknown).
Is Valerie Fund a registered 501(c)(3)?
Valerie Fund appears in IRS records (EIN: 222126867). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Valerie Fund file IRS Form 990?
Yes, Valerie Fund has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Valerie Fund's revenue in 2023?
In the 202312 filing period, Valerie Fund reported total revenue of $8,611,163, total expenses of $5,940,358, and net assets of $19,351,848.
Is Valerie Fund's revenue growing or declining?
Valerie Fund's revenue is growing. Revenue went from $7,561,676 (202212) to $8,611,163 (202312), a +13.9% change. Based on 13 filings on record.
What is Valerie Fund's most recent 990 filing?
The most recent IRS Form 990 filing for Valerie Fund covers tax period 202312. It shows revenue of $8,611,163, expenses of $5,940,358, total assets of $19,351,848, and liabilities of $2,239,407.
How much does Valerie Fund spend on programs vs administration?
Based on IRS 990 analysis, Valerie Fund allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Valerie Fund a trustworthy charity?
Based on AI analysis of IRS 990 data, Valerie Fund appears trustworthy. Mission Score: 85/100 (Excellent). 2 red flags identified. 3 strengths noted.
What are the red flags for Valerie Fund?
The following concerns were identified: Lack of specific executive compensation details in the provided data makes it difficult to assess fairness and appropriateness.. The provided data does not include a 'net assets without donor restrictions' figure, which could offer more insight into financial flexibility.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Valerie Fund's strengths?
Positive indicators for Valerie Fund include: Consistently strong program spending, with 80% of expenses dedicated to programs in the most recent filing.. Healthy asset growth over the past several years, from $10,265,075 in 2016 to $19,351,848 in 2023.. Consistent revenue generation, with recent years showing significant increases (e.g., $7,561,676 in 2022 to $8,611,163 in 2023).. These findings are derived from AI analysis of the organization's financial filings.
How does Valerie Fund compensate executives?
Without specific executive compensation figures from the provided data, a detailed assessment is not possible; however, the lack of this information raises questions about transparency. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent growth in assets and revenue, what specific strategies does The Valerie Fund employ to ensure these resources directly translate into expanded program reach and impact for children with cancer and blood disorders?
While the financial data shows strong growth, the specific programmatic strategies linking this growth to expanded reach and impact are not detailed in the provided financial filings. Further qualitative information would be needed to answer this.
How does The Valerie Fund manage its liabilities, which have fluctuated significantly, such as the jump from $614,809 in 2021 to $2,239,407 in 2023, and what implications does this have for long-term financial stability?
The increase in liabilities from $614,809 in 2021 to $2,239,407 in 2023 suggests potential operational changes or investments. Without further context on the nature of these liabilities (e.g., program-related debt, capital expenditures), it's difficult to assess the long-term implications, though the organization's strong asset base ($19,351,848 in 2023) suggests it can manage these.
Filing History
IRS 990 filing history for Valerie Fund showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Valerie Fund's revenue has grown by 179.5%, moving from $3.1M to $8.6M. Total assets increased by 355.9% over the same period, from $4.2M to $19.4M. Total functional expenses rose by 168.1%, from $2.2M to $5.9M. In its most recent filing year (2023), Valerie Fund reported a surplus of $2.7M, with revenue exceeding expenses. The organization holds $2.2M in liabilities against $19.4M in assets (debt-to-asset ratio: 11.6%), resulting in net assets of $17.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $8.6M | $5.9M | $19.4M | $2.2M | — | — |
| 2022 | $7.6M | $8.0M | $16.5M | $2.8M | — | View 990 |
| 2021 | $8.3M | $4.8M | $15.8M | $615K | — | View 990 |
| 2020 | $4.3M | $4.8M | $12.1M | $613K | — | View 990 |
| 2019 | $4.7M | $5.1M | $12.0M | $461K | — | View 990 |
| 2018 | $6.3M | $5.1M | $11.5M | $278K | — | View 990 |
| 2017 | $5.1M | $4.9M | $10.9M | $447K | — | View 990 |
| 2016 | $5.8M | $4.5M | $10.3M | $223K | — | View 990 |
| 2015 | $4.2M | $3.9M | $8.8M | $190K | — | View 990 |
| 2014 | $5.3M | $3.5M | $8.5M | $173K | — | View 990 |
| 2013 | $4.0M | $2.6M | $6.8M | $399K | — | View 990 |
| 2012 | $3.9M | $2.6M | $5.7M | $742K | — | View 990 |
| 2011 | $3.1M | $2.2M | $4.2M | $605K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $8.6M, expenses of $5.9M, and assets of $19.4M (revenue +13.9% year-over-year).
- 2022: Revenue of $7.6M, expenses of $8.0M, and assets of $16.5M (revenue -8.4% year-over-year).
- 2021: Revenue of $8.3M, expenses of $4.8M, and assets of $15.8M (revenue +90.4% year-over-year).
- 2020: Revenue of $4.3M, expenses of $4.8M, and assets of $12.1M (revenue -7.8% year-over-year).
- 2019: Revenue of $4.7M, expenses of $5.1M, and assets of $12.0M (revenue -25.3% year-over-year).
- 2018: Revenue of $6.3M, expenses of $5.1M, and assets of $11.5M (revenue +22.5% year-over-year).
- 2017: Revenue of $5.1M, expenses of $4.9M, and assets of $10.9M (revenue -11.8% year-over-year).
- 2016: Revenue of $5.8M, expenses of $4.5M, and assets of $10.3M (revenue +37.6% year-over-year).
- 2015: Revenue of $4.2M, expenses of $3.9M, and assets of $8.8M (revenue -20.9% year-over-year).
- 2014: Revenue of $5.3M, expenses of $3.5M, and assets of $8.5M (revenue +33.3% year-over-year).
- 2013: Revenue of $4.0M, expenses of $2.6M, and assets of $6.8M (revenue +4.1% year-over-year).
- 2012: Revenue of $3.9M, expenses of $2.6M, and assets of $5.7M (revenue +25.0% year-over-year).
- 2011: Revenue of $3.1M, expenses of $2.2M, and assets of $4.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Valerie Fund:
Data Sources and Methodology
This transparency report for Valerie Fund is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.