Civic Intelligence

The Valor Foundation Inc

990 • Fiscal year 2018 • EIN 58-1839448

Jan 01, 2018 to Dec 31, 2018 • Filed on Sep 15, 2019

Organization ProfileWWW.VALORFOUNDATION.COM
1101 Ben Tobin DriveHollywood, FL 33021

(954) 989-3000

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

63rd percentile

0.01x

Higher debt load relative to assets than 63% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

87th percentile

0.18x

Higher debt load relative to revenue than 87% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

6th percentile

-74%

Higher net margin than 6% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

30th percentile

-9.4%

Faster asset growth than 30% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

41st percentile

-4.3%

Faster revenue growth than 41% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets63rd percentile

Assets

Down

$337,596

Down $35,161 (-9.4%) from 2017

Net Assets

Down

$334,498

Down $35,692 (-9.6%) from 2017

Liabilities

Up

$3,098

Up $531 (+21%) from 2017

Revenue And Expenses
Liabilities / Revenue87th percentileNet Margin6th percentile

Revenue

Down

$17,149

Down $775 (-4.3%) from 2017

Expenses

Up

$29,893

Up $6,385 (+27%) from 2017

Net Income

Down

-$12,744

Down $7,160 (-128%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth30th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600K$400K$200K$0Assets 2010: $491,787Liabilities 2010: $1,094Net Assets 2010: $490,6932010Assets 2011: $464,137Liabilities 2011: $3,640Net Assets 2011: $460,4972011Assets 2012: $455,982Liabilities 2012: $4,212Net Assets 2012: $451,7702012Assets 2013: $439,396Liabilities 2013: $3,924Net Assets 2013: $435,4722013Assets 2014: $415,584Liabilities 2014: $5,089Net Assets 2014: $410,4952014Assets 2015: $378,878Liabilities 2015: $697Net Assets 2015: $378,1812015Assets 2016: $356,745Liabilities 2016: $356Net Assets 2016: $356,3892016Assets 2017: $372,757Liabilities 2017: $2,567Net Assets 2017: $370,1902017Assets 2018: $337,596Liabilities 2018: $3,098Net Assets 2018: $334,4982018Assets 2019: $363,673Liabilities 2019: $905Net Assets 2019: $362,7682019Assets 2020: $331,369Liabilities 2020: $4,260Net Assets 2020: $327,1092020Assets 2021: $361,960Liabilities 2021: $4,236Net Assets 2021: $357,7242021Assets 2022: $325,695Liabilities 2022: $3,381Net Assets 2022: $322,3142022Assets 2023: $293,696Liabilities 2023: $3,346Net Assets 2023: $290,3502023Assets 2024: $189,293Liabilities 2024: $3,716Net Assets 2024: $185,5772024

Highlighted filing

2018

Assets$337,596
Liabilities$3,098
Net Assets$334,498
Open 2018 Filing

Operations Trend

Revenue Growth41st percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$200K$100K$0-$100K-$200KRevenue 2010: $25,393Expenses 2010: $31,019Net Income 2010: -$5,6262010Expenses 2011: $32,4552011Expenses 2012: $40,6232012Revenue 2013: $29,693Expenses 2013: $34,934Net Income 2013: -$5,2412013Revenue 2014: $20,853Expenses 2014: $31,551Net Income 2014: -$10,6982014Revenue 2015: -$7,106Expenses 2015: $25,473Net Income 2015: -$32,5792015Revenue 2016: -$209Expenses 2016: $45,313Net Income 2016: -$45,5222016Revenue 2017: $17,924Expenses 2017: $23,508Net Income 2017: -$5,5842017Revenue 2018: $17,149Expenses 2018: $29,893Net Income 2018: -$12,7442018Revenue 2019: $34,923Expenses 2019: $27,121Net Income 2019: $7,8022019Revenue 2020: $15,451Expenses 2020: $27,617Net Income 2020: -$12,1662020Revenue 2021: $61,307Expenses 2021: $30,692Net Income 2021: $30,6152021Revenue 2022: $8,142Expenses 2022: $43,552Net Income 2022: -$35,4102022Revenue 2023: -$4,103Expenses 2023: $27,861Net Income 2023: -$31,9642023Revenue 2024: $18,623Expenses 2024: $123,396Net Income 2024: -$104,7732024

Highlighted filing

2018

Revenue$17,149
Expenses$29,893
Net Income-$12,744
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Sep 15, 2019
Return Version
2018v3.1
Gross Receipts
$72,059
Mission and Program Overview

Mission

The primary objective of this non-profit foundation since 1988 has been to provide for the perpetual distribution of lorraine sinkler writings and class recordings to libraries, select groups, bookstores, and individuals. Lorraine sinkler is the author of books and publications that teach the "infinite way" a religious practice of joel goldsmith, founder.

Distribution of writings and class recordings to libraries, select groups, bookstores, and individuals.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$304,368$273,106▼ $31,262
Inventories for Sale or Use$56,826$56,289▼ $537
Cash and Non-Interest-Bearing Accounts$8,637$7,209▼ $1,428
Accounts Receivable$2,582$582▼ $2,000
Prepaid Expenses and Deferred Charges$344$410▲ $66
Savings and Temporary Cash Investments$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Intangible Assets$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$372,757$337,596▼ $35,161
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$2,567$3,098▲ $531
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$2,567$3,098▲ $531
Net Assets / Fund Balance
Unrestricted Net Assets$370,190$334,498▼ $35,692
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$370,190$334,498▼ $35,692
Total Liabilities and Net Assets / Fund Balance$372,757$337,596▼ $35,161
Compensation and Service Providers
Top Officer Pay76th percentile

Board Members and Trustees

NameTitle
Herbert a TobinCHAIRMAN/trustee
Francine TobinSecretary/trustee
Cary HarwinTREASURER/trustee
Dorothy Mooretrustee
Jim MooreTrustee
Lindsey Ropactrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$890
Program Service Revenue
$0
Investment Income
$15,521
Other Revenue
$738
All Other Contributions
$890
Change in Net Assets
$-12,744
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$29,893
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Legal$5,183--$5,183
Fees for Services Management$5,000--$5,000
Office Expenses$3,979--$3,979
Travel$3,311--$3,311
Fees for Service Investment Mgmnt Fees-$2,727-$2,727
Other Expenses$1,093--$1,093
Insurance$604--$604
Total Functional Expenses$27,166$2,727$0$29,893
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
The Valor Foundation Inc
EIN
58-1839448
In Care Of
% HERBERT TOBIN
Phone
9549893000
Address
1101 Ben Tobin Drive, Hollywood, FL 33021

Signing Officer

Name
Herbert Tobin
Title
Director
Phone
9549893000
Signed
2019-09-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Herbert Tobin
Formed
1998
Legal Domicile
Fl
Voting Board Members
6
Independent Board Members
2
Employees
0
Volunteers
6

Preparer

Firm
Berkowitz Pollack Brant
Address
200 S BISCAYNE BLVD 7th FL, MIAMI, FL 33131
Preparer
Adam Cohen CPA
Phone
3053797000
Supplemental Narrative

Additional Explanations

Line 11B: Describe the process used by the organization to review this 990

“The Form 990 is reviewed internally by one CPA and by the Chairman/ Trustee prior to submission.”

Line 19: Describe how the organization made documents avail. to the public

“The charity maintains a website where any visitor may submit a request for any and all documents related to its charitable purpose.”

Line 5: Other changes in net assets or fund balances

“Line 5: Other changes in net assets or fund balances report $22,948 . This amount is made up of: $22,948 : Change in fair market value of securities.”

Line 2: Any family or business relationship with another

“The officers, directors, and trustees are related as follows: herbert tobin and francine tobin are husband and wife. Francine tobin and cary harwin are brother and sister. Doroth moore and jim moore are mother and son.”

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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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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE VALOR FOUNDATION INC. IS A PUBLICLY SUPPORTED CHARITY UNDER IRC 501 (C)(3) OF THE CODE. THE ORGANIZATION MEETS THE "FACTS AND CIRCUMSTANCES" TEST AS FOLLOWS: 1. THE ORGANIZATION MEETS THE 10% PUBLIC SUPPORT TEST BASED ON AN AVERAGE OF CONTRIBUTIONS OVER THE LAST FIVE YEARS. THE SUPPORT COMES SOLEY FROM UNRELATED DONORS. 2. THE ORGANIZATION MAINTAINS A WEBSITE WHICH IS ORGANIZED AND OPERATED TO ATTRACT NEW AND ADDITIONAL PUBLIC SUPPORT ON A CONTINOUS BASIS. THE WEBSITE EDUCATES THE PUBLIC ON ITS MESSAGE AND SELLS BOOKS AND LITERATURE OF ITS TEACHINGS. THE WEBSITE EXPOSES THE CHARITY TO THOUSANDS AND THOUSANDS OF PERSONS AS OPPOSED TO ONLY A LIMITED OUTREACH. 3. THE VALOR FOUNDATION'S EXEMPT PURPOSE BENEFITS THE COMMUNITY. THE FOCUS IS TO EDUCATE THE PUBLIC ON MEDITATION AND ONE'S WELL BEING, PROVIDING INFORMATION THAT CAN BENEFIT ONE'S DAILY LIFE.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Schedule A, Part II
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt06819
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IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt011899
IRS990ScheduleA/TotalSupportAmt069906
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Form 990 is reviewed internally by one CPA and by the Chairman/ Trustee prior to submission.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The charity maintains a website where any visitor may submit a request for any and all documents related to its charitable purpose.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Line 5: Other changes in net assets or fund balances report $22,948 . This amount is made up of: $22,948 : Change in fair market value of securities.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE OFFICERS, DIRECTORS, AND TRUSTEES ARE RELATED AS FOLLOWS: HERBERT TOBIN AND FRANCINE TOBIN ARE HUSBAND AND WIFE. FRANCINE TOBIN AND CARY HARWIN ARE BROTHER AND SISTER. DOROTH MOORE AND JIM MOORE ARE MOTHER AND SON.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Line 11b: Describe the process used by the organization to review this 990
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Line 19: Describe how the organization made documents avail. to the public
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Line 5: Other changes in net assets or fund balances
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Line 2: Any family or business relationship with another
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IRS990/TotalVolunteersCnt06
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IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01101 Ben Tobin Drive
IRS990/USAddress/CityNm0Hollywood
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd033021
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt02
IRS990/WebsiteAddressTxt0WWW.VALORFOUNDATION.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02020-04-17 16:48:07Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0HERBERT TOBIN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum09549893000
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-09-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0The Valor Foundation Inc

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$337,596
Liabilities
$3,098
Net assets
$334,498
Revenue
$17,149
Expenses
$29,893
Net income
-$12,744
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.89$0.04$1.86$0.19$1.23$1.05
2023Detailed filing. Detailed filing data is available for this year.$2.94$0.03$2.90$0.04$0.28$0.32
2022Detailed filing. Detailed filing data is available for this year.$3.26$0.03$3.22$0.08$0.44$0.35
2021Detailed filing. Detailed filing data is available for this year.$3.62$0.04$3.58$0.61$0.31$0.31
2020Detailed filing. Detailed filing data is available for this year.$3.31$0.04$3.27$0.15$0.28$0.12
2019Detailed filing. Detailed filing data is available for this year.$3.64$0.01$3.63$0.35$0.27$0.08
2018Detailed filing. Detailed filing data is available for this year.$3.38$0.03$3.34$0.17$0.30$0.13
2017Detailed filing. Detailed filing data is available for this year.$3.73$0.03$3.70$0.18$0.24$0.06
2016Detailed filing. Detailed filing data is available for this year.$3.57$0.00$3.56$0.00$0.45$0.46
2015Summary only. Only limited summary data is available for this year.$3.79$0.01$3.78$0.07$0.25$0.33
2014Detailed filing. Detailed filing data is available for this year.$4.16$0.05$4.10$0.21$0.32$0.11
2013Detailed filing. Detailed filing data is available for this year.$4.39$0.04$4.35$0.30$0.35$0.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.56$0.04$4.52$0.41
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.64$0.04$4.60$0.32
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.92$0.01$4.91$0.25$0.31$0.06