Civic Intelligence

Gvc Foundation Inc

EIN 45-5084945 • 501(c)3 • Green Valley, AZ

Profile

The mission of The GVC Foundation, Inc., is to fund projects in coordination with the Green Valley Council, which enhance and support the interests and unmet needs of the Greater Green Valley Community. The Foundation supports the community as a whole and has also identified several Charitable Committees for which it has long standing, special programming commitments related to flag raising, community health, environmental protection and beautification, support of Pima County parks located in Green Valley, and Volunteer Day opportunities. The Foundation and the Charitable Committees are funded through grants, memberships, donations, and fund raising events.

555 N LA CanadaGreen Valley, AZ 85614

www.gvc-foundation.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2023

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2023

Net Margin

37th percentile

-4.1%

Higher net margin than 37% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

42nd percentile

-8.0%

Faster asset growth than 42% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

97th percentile

335%

Faster revenue growth than 97% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$59,104

Down $5,132 (-8.0%) from 2022

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Down

$59,104

Down $4,132 (-6.5%) from 2022

Operations
Liabilities / RevenueScore unavailableNet Margin37th percentile

Revenue

Up

$100,512

Up $77,403 (+335%) from 2022

Expenses

Up

$104,644

Up $85,377 (+443%) from 2022

Net Income

Down

-$4,132

Down $7,974 (-208%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth42nd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$80K$60K$40K$20K$0Assets 2014: $56,878Liabilities 2014: $34,6522014Assets 2015: $64,127Liabilities 2015: $4,5702015Assets 2016: $75,264Liabilities 2016: $45,9202016Assets 2017: $73,262Liabilities 2017: $33,233Net Assets 2017: $40,0302017Assets 2018: $55,960Liabilities 2018: $102Net Assets 2018: $22,7022018Assets 2019: $63,343Liabilities 2019: $0Net Assets 2019: $63,5842019Assets 2021: $59,394Liabilities 2021: $0Net Assets 2021: $59,2312021Assets 2022: $64,236Liabilities 2022: $1,000Net Assets 2022: $63,2362022Assets 2023: $59,104Net Assets 2023: $59,1042023

Highlighted filing

2023

Assets$59,104
Liabilities-
Net Assets$59,104
Open 2023 Filing

Operations Trend

Revenue Growth97th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0-$50KRevenue 2014: $74,204Expenses 2014: $53,588Net Income 2014: $20,6162014Revenue 2015: $82,737Expenses 2015: $45,438Net Income 2015: $37,2992015Revenue 2016: $36,262Expenses 2016: $0Net Income 2016: $36,2622016Revenue 2017: $74,190Expenses 2017: $73,669Net Income 2017: $5212017Revenue 2018: $47,136Expenses 2018: $64,463Net Income 2018: -$17,3272018Revenue 2019: $31,817Expenses 2019: $24,524Net Income 2019: $7,2932019Revenue 2021: $35,576Expenses 2021: $36,447Net Income 2021: -$8712021Revenue 2022: $23,109Expenses 2022: $19,267Net Income 2022: $3,8422022Revenue 2023: $100,512Expenses 2023: $104,644Net Income 2023: -$4,1322023

Highlighted filing

2023

Revenue$100,512
Expenses$104,644
Net Income-$4,132
Open 2023 Filing

Filings

Most recent year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$59,104
Liabilities
-
Net assets
$59,104
Revenue
$100,512
Expenses
$104,644
Net income
-$4,132
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$0.59$0.59$1.01$1.05$0.04
2022Detailed filing. Detailed filing data is available for this year.$0.64$0.01$0.63$0.23$0.19$0.04
2021Detailed filing. Detailed filing data is available for this year.$0.59$0.00$0.59$0.36$0.36$0.01
2019Detailed filing. Detailed filing data is available for this year.$0.63$0.00$0.64$0.32$0.25$0.07
2018Detailed filing. Detailed filing data is available for this year.$0.56$0.00$0.23$0.47$0.64$0.17
2017Detailed filing. Detailed filing data is available for this year.$0.73$0.33$0.40$0.74$0.74$0.01
2016Summary only. Only limited summary data is available for this year.$0.75$0.46$0.36$0.00$0.36
2015Summary only. Only limited summary data is available for this year.$0.64$0.05$0.83$0.45$0.37
2014Summary only. Only limited summary data is available for this year.$0.57$0.35$0.74$0.54$0.21
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 14, 2024
Return Version
2023v5.1
Gross Receipts
$130,435
Mission and Program Overview

Mission

To provide funding for projects

The mission of The GVC Foundation, Inc., is to fund projects in coordination with the Green Valley Council, which enhance and support the interests and unmet needs of the Greater Green Valley Community. The Foundation supports the community as a whole and has also identified several Charitable Committees for which it has long standing, special programming commitments related to flag raising, community health, environmental protection and beautification, support of Pima County parks located in Green Valley, and Volunteer Day opportunities. The Foundation and the Charitable Committees are funded through grants, memberships, donations, and fund raising events.

Program Services

DescriptionGrantsExpenses
FRIENDS OF THE CANOA PARKS - UNDER AN AGREEMENT WITH PIMA COUNTY, THE FRIENDS WORK ON PROJECTS TO HELP PRESERVE AND PROMOTE CANOA PRESERVE PARK.-$456
MEDIAN GREEN - THROUGH AN AGREEMENT WITH PIMA COUNTY, MEDIAN GREEN DESIGNS AND INSTALLS LANDSCAPING ON GREEN VALLEY STREET MEDIANS. ONLY INDIGENOUS PLANTS AND MATERIALS ARE USED.--
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
VELETTA CANOUTSPresident-$0--
KATHLEEN WISHNICKSecretary-$0--
MARI NELSONDirector-$0--
DEBBIE KENYONDirector-$0--
RUTH TAMMINGADirector-$0--
JULIE REPPENHAGENDirector-$0--
KAREN KNOLLDirector-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Special Event$34,801$34,801$29,923$4,878
Total Events$34,801$34,801$29,923$4,878
Filing and Contact Details

Filer

Filer Name
Gvc Foundation Inc
EIN
45-5084945
Phone
4803635637
Address
555 N LA CANADA, GREEN VALLEY, AZ 85614

Signing Officer

Name
Veletta Canouts
Title
President
Signed
2024-11-14
Discuss with paid preparer
Yes

Preparer

Firm
Joseph Lessard CPA PLLC
Address
3290 S Camino Del Sol 140, Green Valley, AZ 85622
Preparer
Joseph Lessard
Phone
5206482990
Supplemental Narrative

Additional Explanations

Grants and Similar Amounts Paid In Excess of $5,000.2

“| Donee's Name: FOUNDATION | Cash Amount Given: $16514”

Other Expenses.1002

“Office Expenses $11”

Other Expenses.1012

“Insurance $932”

Other Expenses.1

“Equipment Room Operations $56251”

Other Expenses.2

“GVC FEES $17006”

Other Expenses.3

“NO WORRY WEB $6000”

Other Expenses.4

“Storage $1107”

Other Expenses.5

“Bank Charges $389”

Total Liabilities.1001

“Accounts Payable and Accrued Expenses - Beginning $1000 Accounts Payable and Accrued Expenses - Ending $0”

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0FRIENDS OF THE CANOA PARKS - UNDER AN AGREEMENT WITH PIMA COUNTY, THE FRIENDS WORK ON PROJECTS TO HELP PRESERVE AND PROMOTE CANOA PRESERVE PARK.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1MEDIAN GREEN - THROUGH AN AGREEMENT WITH PIMA COUNTY, MEDIAN GREEN DESIGNS AND INSTALLS LANDSCAPING ON GREEN VALLEY STREET MEDIANS. ONLY INDIGENOUS PLANTS AND MATERIALS ARE USED.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Donee's Name: FOUNDATION | Cash Amount Given: $16514
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $11
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Insurance $932
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Equipment Room Operations $56251
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