Civic Intelligence

Valo

990 • Fiscal year 2024 • EIN 83-3292625

Jan 01, 2024 to Dec 31, 2024 • Filed on Aug 28, 2025

PO Box 222Freeport, ME 04032

(207) 865-1665

Siviq Scores

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

Liabilities / Assets

58th percentile

0.04x

Higher debt load relative to assets than 58% of similar nonprofits.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

65th percentile

0.06x

Higher debt load relative to revenue than 65% of similar nonprofits.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

25th percentile

-8.0%

Higher net margin than 25% of similar nonprofits.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

92nd percentile

$127,850

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 23.9% of source-year revenue.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2024

Asset Growth

29th percentile

-3.6%

Faster asset growth than 29% of similar nonprofits.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

89th percentile

85%

Faster revenue growth than 89% of similar nonprofits.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Down

$919,336

Down $34,549 (-3.6%) from 2023

Net Assets

Down

$884,834

Down $37,557 (-4.1%) from 2023

Liabilities

Up

$34,502

Up $3,008 (+9.6%) from 2023

Revenue

Up

$534,648

Up $245,189 (+85%) from 2023

Expenses

Down

$577,434

Down $70,003 (-11%) from 2023

Net Income

Up

-$42,786

Up $315,192 (+88%) from 2023

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2019: $2,163,571Liabilities 2019: $6,042Net Assets 2019: $2,157,5292019Assets 2020: $1,891,525Liabilities 2020: $9,158Net Assets 2020: $1,882,3672020Assets 2021: $1,683,872Liabilities 2021: $14,977Net Assets 2021: $1,668,8952021Assets 2022: $1,280,721Liabilities 2022: $44,171Net Assets 2022: $1,236,5502022Assets 2023: $953,885Liabilities 2023: $31,494Net Assets 2023: $922,3912023Assets 2024: $919,336Liabilities 2024: $34,502Net Assets 2024: $884,8342024

Highlighted filing

2024

Assets$919,336
Liabilities$34,502
Net Assets$884,834

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2019: $2,581,567Expenses 2019: $424,038Net Income 2019: $2,157,5292019Revenue 2020: $187,819Expenses 2020: $462,981Net Income 2020: -$275,1622020Revenue 2021: $232,917Expenses 2021: $444,065Net Income 2021: -$211,1482021Revenue 2022: $316,099Expenses 2022: $560,790Net Income 2022: -$244,6912022Revenue 2023: $289,459Expenses 2023: $647,437Net Income 2023: -$357,9782023Revenue 2024: $534,648Expenses 2024: $577,434Net Income 2024: -$42,7862024

Highlighted filing

2024

Revenue$534,648
Expenses$577,434
Net Income-$42,786
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Aug 28, 2025
Return Version
2024v5.2
Gross Receipts
$658,296
Mission and Program Overview

Mission

Valo's mission is to guide teens to be empowered people who are connected and present with others in building community.

We believe in the power of teens to build community, one meaningful connection at a time. We believe in teens' capacity to discover who they are, what they believe, and their ability to bring light and love to the world. Valo creates spaces where teens can get away from it all, feel independent, unplug, and have fun. A place of belonging for youth to have deep conversations and feel empowered as they ignite a future with hope.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$451,502$370,889▼ $80,613
Cash and Non-Interest-Bearing Accounts$182,213$222,265▲ $40,052
Investments in Publicly Traded Securities$195,706$208,147▲ $12,441
Pledges and Grants Receivable$97,004$56,488▼ $40,516
Intangible Assets$12,614$28,532▲ $15,918
Accounts Receivable$7,750$27,675▲ $19,925
Prepaid Expenses and Deferred Charges$5,704$5,340▼ $364
Land, Buildings, and Equipment, Net$1,392$0▼ $1,392
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Inventories for Sale or Use-$0-
Total Assets$953,885$919,336▼ $34,549
Other Assets Total-$0-
Liabilities
Other Liabilities$12,687$28,532▲ $15,845
Accounts Payable and Accrued Expenses$18,807$5,970▼ $12,837
Total Liabilities$31,494$34,502▲ $3,008
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$825,387$826,086▲ $699
Net Assets With Donor Restrictions$97,004$58,748▼ $38,256
Total Net Assets Fund Balance$922,391$884,834▼ $37,557
Total Liabilities and Net Assets / Fund Balance$953,885$919,336▼ $34,549
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Dana AndersonExecutive DirectorFT$127,850$127,850

Board Members and Trustees

NameTitle
Fiona Chace-DonahueVice President
Jennifer BurnsDirector
Tony GiampetruzziDirector
Sam ColemanPres & Treas
Sally ThomasSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$457,120
Program Service Revenue
$49,875
Investment Income
$26,864
Other Revenue
$789
All Other Contributions
$457,120
Change in Net Assets
$-42,786

Audited Revenue Reconciliation

Revenue per Audited Statements
$534,648
Total Revenue per Audited Statements
$534,648
Total Revenue per Form 990
$534,648
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$444,642
Other Expenses$132,792
Total Fundraising Expense$95,037
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$218,119$13,647$44,186$275,952
Current Officers, Directors, Trustees, and Key Employees$89,496$6,392$31,962$127,850
Payroll Taxes$27,031$1,770$6,691$35,492
Occupancy$19,504$1,084$4,098$24,686
Conferences and Meetings$16,178$1,544$83$17,805
Fees for Services Other$14,035$513$1,938$16,486
Insurance$8,615$2,194$1,612$12,421
Fees for Services Accounting$475$7,736$118$8,329
Pension Plan Contributions$4,334$267$747$5,348
Office Expenses$866$1,219$1,055$3,140
Information Technology$1,852$84$317$2,253
Travel$1,395$4$16$1,415
Fees for Services Legal-$1,387-$1,387
Fees for Service Investment Mgmnt Fees-$1,006-$1,006
Advertising$833--$833
Other Expenses$507$4$137$648
All Other Expenses$37$115$69$221
Depreciation Depletion$116--$116
Total Functional Expenses$443,199$39,198$95,037$577,434

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$577,434
Total Expenses per Audited Statements$577,434
Total Expenses per Form 990$577,434
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
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
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liability$28,532
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
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
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The Valo Board receives a draft of the 990 so that they can review and approve before it is submitted.

Form 990, Part VI, Section B, Line 12C

Valo has a Conflict of Interest policy that the Board reviews and agrees to annually. In that policy, monitoring policy are put into place and followed by all parties.

Form 990, Part VI, Section B, Line 15A

The Board of Directors determines compensation for the Executive Director, the Program Director, The Outreach Director, the Program Director, the Development Director, and the guides.

Form 990, Part VI, Section C, Line 19

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Valo
EIN
83-3292625
Phone
2078651665
Address
PO BOX 222, FREEPORT, ME 04032

Signing Officer

Name
Sam Coleman
Title
Pres & Treas
Signed
2025-08-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sam Coleman
Formed
2019
Legal Domicile
Me
Voting Board Members
5
Independent Board Members
5
Employees
13
Volunteers
10

Preparer

Firm
Tracy Cassidy CPA Sc
Address
1 Nugget Ln, BRUNSWICK, ME 04011
Preparer
Tracy Cassidy CPA
Phone
2075221014
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt210
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt34
IRS990/OtherExpensesGrp/ProgramServicesAmt038653
IRS990/OtherExpensesGrp/ProgramServicesAmt1610
IRS990/OtherExpensesGrp/ProgramServicesAmt2543
IRS990/OtherExpensesGrp/ProgramServicesAmt3507
IRS990/OtherExpensesGrp/TotalAmt040557
IRS990/OtherExpensesGrp/TotalAmt1801
IRS990/OtherExpensesGrp/TotalAmt2688
IRS990/OtherExpensesGrp/TotalAmt3648
IRS990/OtherLiabilitiesGrp/BOYAmt012687
IRS990/OtherLiabilitiesGrp/EOYAmt028532
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0other income
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0789
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0789
IRS990/OtherRevenueTotalAmt0789
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt044186
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt013647
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0218119
IRS990/OtherSalariesAndWagesGrp/TotalAmt0275952
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt06691
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01770
IRS990/PayrollTaxesGrp/ProgramServicesAmt027031
IRS990/PayrollTaxesGrp/TotalAmt035492
IRS990/PensionPlanContributionsGrp/FundraisingAmt0747
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0267
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt04334
IRS990/PensionPlanContributionsGrp/TotalAmt05348
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt097004
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt056488
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt05704
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt05340
IRS990/PrincipalOfficerNm0Sam Coleman
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/Desc0FEES FOR SERVICE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt049875
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt049875
IRS990/ProgSrvcAccomActy2Grp/Desc0Twilight: Took teens on six weekend retreats in 2023. On these retreats, guides helped teens come to know themselves and learn how to connect meaningfully with others (while unplugged) through communal living, conversations, creating, time to themselves, safe risk taking, and journal reflections. In addition, seniors in the program took on leadership roles by designing and leading many aspects of the retreats.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt090788
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt08625
IRS990/ProgSrvcAccomActy3Grp/Desc0Equinox: Took teens on six weekend retreats in 2024. On these retreats, guides helped teens come to know themselves and learn how to connect meaningfully with others (while unplugged) through communal living, conversations, creating, and time to themselves, safe risk taking, and journal reflections. In addition, seniors in program took on leadership roles by designing and leading many aspects of the retreats, most significantly the group conversations.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt087244
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt06625
IRS990/ProgSrvcAccomActyOtherGrp/Desc0Tides: Took teens on six weekend retreats in 2024. On these retreats, guides helped teens come to know themselves and learn how to connect meaningfully with others (while unplugged) through communal living, conversations, creating, time to themselves, safe risk taking, and journal reflections. In addition, seniors in the program took on leadership roles by designing and leading many aspects of the retreats.
IRS990/ProgSrvcAccomActyOtherGrp/Desc1School & Exploratory: Valo offered six afternoon "retreats" in the winter and spring, and culminated the program with a 1-night retreat in the summer. On these retreats, new teens experienced similar activities as those would on a regular retreat, including conversations, cooking, time in nature, creating projects, journaling, and time alone.
IRS990/ProgSrvcAccomActyOtherGrp/Desc2Partner: Valo did significant outreach in 2024 and collaborated with schools and other youth serving organizations to bring Valo programming to them. Each partner program was a 1-night, 2-day retreat for the group, and then Valo met periodically following that retreat to continue mentoring the participants in conversation skills. These programs are fee-for-service; in some cases, the organization or school paid, and in other cases we had grants to cover the costs.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt086940
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt170211
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt215589
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt05750
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt1300
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt225075
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0286094
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0-5280
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0168223
IRS990/PYProgramServiceRevenueAmt08645
IRS990/PYRevenuesLessExpensesAmt0-357978
IRS990/PYSalariesCompEmpBnftPaidAmt0479214
IRS990/PYTotalExpensesAmt0647437
IRS990/PYTotalRevenueAmt0289459
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-42786
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt03500
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0451502
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0370889
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0457120
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0286095
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0190715
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0229505
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0187742
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01351177
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt029890
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt09851
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt04651
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt03162
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt077
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt047631
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt050664
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt08645
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0600
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0250
IRS990ScheduleA/OtherIncome170Grp/TotalAmt060159
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.62490
IRS990ScheduleA/PublicSupportPY170Pct00.23440
IRS990ScheduleA/PublicSupportTotal170Amt0911727
IRS990ScheduleA/SubstantialContributorsTotAmt0439450
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0457120
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0286095
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0190715
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0229505
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0187742
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01351177
IRS990ScheduleA/TotalSupportAmt01458967
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/ExpensesSubtotalAmt0577434
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt028532
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LEASE LIABILITY
IRS990ScheduleD/RevenueSubtotalAmt0534648
IRS990ScheduleD/TotalExpensesPerForm990Amt0577434
IRS990ScheduleD/TotalLiabilityAmt028532
IRS990ScheduleD/TotalRevenuePerForm990Amt0534648
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0534648
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0577434
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Valo Board receives a draft of the 990 so that they can review and approve before it is submitted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Valo has a Conflict of Interest policy that the Board reviews and agrees to annually. In that policy, monitoring policy are put into place and followed by all parties.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Board of Directors determines compensation for the Executive Director, the Program Director, The Outreach Director, the Program Director, the Development Director, and the guides.

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