Civic Intelligence

Valhalla Inc

990EZ • Fiscal year 2021 • EIN 74-2742534

Jan 01, 2021 to Dec 31, 2021 • Filed on Sep 30, 2022

Organization ProfileN/A
505 E Ramseyer Rd Apt 140Edinburg, TX 78542

(763) 443-7033

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.25x

Higher debt load relative to assets than 83% of similar nonprofits.

2021 filings • 501(c)7 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

93rd percentile

0.98x

Higher debt load relative to revenue than 93% of similar nonprofits.

2021 filings • 501(c)7 • <$500k nonprofits • Source year 2021

Net Margin

21st percentile

-13%

Higher net margin than 21% of similar nonprofits.

2021 filings • 501(c)7 • <$500k nonprofits • Source year 2021

Top Officer Pay

93rd percentile

$0

Higher top officer pay than 93% of similar nonprofits.

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

2021 filings • 501(c)7 • <$500k nonprofits • Source year 2021

Asset Growth

6th percentile

-46%

Faster asset growth than 6% of similar nonprofits.

2021 filings • 501(c)7 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

52nd percentile

7.6%

Faster revenue growth than 52% of similar nonprofits.

2021 filings • 501(c)7 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets83rd percentile

Assets

Down

$386,604

Down $327,288 (-46%) from 2020

Net Assets

Down

$289,204

Down $424,688 (-59%) from 2020

Liabilities

Up

$97,400

Up $97,400 from 2020

Revenue And Expenses
Liabilities / Revenue93rd percentileNet Margin21st percentile

Revenue

Up

$99,819

Up $7,008 (+7.6%) from 2020

Expenses

Up

$112,325

Up $28,443 (+34%) from 2020

Net Income

Down

-$12,506

Down $21,435 (-240%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth6th percentile

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

$800K$600K$400K$200K$0Assets 2017: $619,251Liabilities 2017: $0Net Assets 2017: $619,2512017Assets 2020: $713,892Liabilities 2020: $0Net Assets 2020: $713,8922020Assets 2021: $386,604Liabilities 2021: $97,400Net Assets 2021: $289,2042021Assets 2022: $390,581Liabilities 2022: $96,888Net Assets 2022: $293,6932022Assets 2023: $411,684Liabilities 2023: $132,078Net Assets 2023: $279,6062023Assets 2024: $446,206Liabilities 2024: $132,562Net Assets 2024: $313,6442024

Highlighted filing

2021

Assets$386,604
Liabilities$97,400
Net Assets$289,204
Open 2021 Filing

Operations Trend

Revenue Growth52nd percentile

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

$200K$150K$100K$50K$0-$50KRevenue 2017: $83,399Expenses 2017: $81,593Net Income 2017: $1,8062017Revenue 2020: $92,811Expenses 2020: $83,882Net Income 2020: $8,9292020Revenue 2021: $99,819Expenses 2021: $112,325Net Income 2021: -$12,5062021Revenue 2022: $109,863Expenses 2022: $101,558Net Income 2022: $8,3052022Revenue 2023: $103,883Expenses 2023: $114,677Net Income 2023: -$10,7942023Revenue 2024: $155,946Expenses 2024: $121,909Net Income 2024: $34,0372024

Highlighted filing

2021

Revenue$99,819
Expenses$112,325
Net Income-$12,506
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Sep 30, 2022
Return Version
2021v4.2
Gross Receipts
$99,819
Mission and Program Overview

Mission

Ownership and operation of the common Elements at Valhalla Mobile Home Park

Ownership and operation of the common elements of valhalla mobile park

Program Services

DescriptionGrantsExpenses
THIS CORPORATION IS ORGANIZED EXCLUSIVELY FOR OWNERSHIP AND OPERATION OF THE COMMON ELEMENTS AT VALHALLA MOBILE PARK.-$112,325
Compensation and Service Providers
Top Officer Pay93rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
GLENN HOLDENChairman-$0--
SANDRA BAGOTBoard Member-$0--
ROBERT LEHMANNSec Treasurer-$0--
FRAN COMMETBoard Member-$0--
TIM ASCHOFFBoard Member-$0--
DAVID WINGVice Chairman-$0--
KEN FLOWERSBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Valhalla Inc
EIN
74-2742534
Address
505 E RAMSEYER RD APT 140, Edinburg, TX 78542

Signing Officer

Name
Randy Ernst
Title
Chairman Current
Signed
2022-09-30
Discuss with paid preparer
Yes

Preparer

Firm
Alegre & Associates Bcs LLC
Address
3827 N 10TH ST STE 205, MCALLEN, TX 78501-1745
Preparer
Mario a Alegre
Phone
9566183210
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 20, Net Assets

“Revaluation of property -412,182”

Form 990-EZ, Part II, Line 26, Liabilities

“DEFERRED MEMBER DUES Beginning of year 0, End of year 97,400”

Raw XML Appendix130 raw XML fields

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

Path#Value
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IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0GLEN HOLMEN
IRS990EZ/BooksInCareOfDetail/PhoneNum07634437033
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0505 E RAMSEYER RD
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0EDINBURG
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd078542
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt03774
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt040316
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-12506
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt089825
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form720FiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0713892
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0386604
IRS990EZ/GrossReceiptsAmt099819
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt0710118
IRS990EZ/LandAndBuildingsGrp/EOYAmt0346288
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0713892
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0289204
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0713892
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0289204
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0001.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1001.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2001.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt3001.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt5001.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt6001.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0GLENN HOLDEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1SANDRA BAGOT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2ROBERT LEHMANN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3FRAN COMMET
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4TIM ASCHOFF
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5DAVID WING
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6KEN FLOWERS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHAIRMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SEC TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5VICE CHAIRMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6BOARD MEMBER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherChangesInNetAssetsAmt0-412182
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0OWNERSHIP AND OPERATION OF THE COMMON ELEMENTS OF VALHALLA MOBILE PARK
IRS990EZ/ProgramServiceRevenueAmt099819
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THIS CORPORATION IS ORGANIZED EXCLUSIVELY FOR OWNERSHIP AND OPERATION OF THE COMMON ELEMENTS AT VALHALLA MOBILE PARK.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0112325
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt022500
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt097400
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TotalExpensesAmt0112325
IRS990EZ/TotalProgramServiceExpensesAmt0112325
IRS990EZ/TotalRevenueAmt099819
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/CommunityTrustInd0X
IRS990ScheduleA/PrivateFoundation170Ind0X
IRS990ScheduleA/PrivateFoundation509Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0REVALUATION OF PROPERTY -412,182
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DEFERRED MEMBER DUES Beginning of year 0, End of year 97,400
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 20, Net Assets
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part II, Line 26, Liabilities
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0RANDY ERNST
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN CURRENT
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-09-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0VALHALLA INC
ReturnHeader/Filer/BusinessNameControlTxt0VALH
ReturnHeader/Filer/EIN0742742534
ReturnHeader/Filer/USAddress/AddressLine1Txt0505 E RAMSEYER RD APT 140
ReturnHeader/Filer/USAddress/CityNm0Edinburg
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd078542
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0611649141
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ALEGRE & ASSOCIATES BCS LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03827 N 10TH ST STE 205
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MCALLEN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0785011745
ReturnHeader/PreparerPersonGrp/PhoneNum09566183210
ReturnHeader/PreparerPersonGrp/PreparationDt02022-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MARIO A ALEGRE
ReturnHeader/ReturnTs02022-11-15T03:58:36-00:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0RANDY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0ERNST
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$386,604
Liabilities
$97,400
Net assets
$289,204
Revenue
$99,819
Expenses
$112,325
Net income
-$12,506
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.46$1.33$3.14$1.56$1.22$0.34
2023Detailed filing. Detailed filing data is available for this year.$4.12$1.32$2.80$1.04$1.15$0.11
2022Detailed filing. Detailed filing data is available for this year.$3.91$0.97$2.94$1.10$1.02$0.08
2021Detailed filing. Detailed filing data is available for this year.$3.87$0.97$2.89$1.00$1.12$0.13
2020Detailed filing. Detailed filing data is available for this year.$7.14$0.00$7.14$0.93$0.84$0.09
2017Summary only. Only limited summary data is available for this year.$6.19$0.00$6.19$0.83$0.82$0.02