Liabilities / Assets
56th percentile
Tied with the lowest-debt nonprofits in its peer group.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
56th percentile
Tied with the lowest-debt nonprofits in its peer group.
Liabilities / Revenue
56th percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
33rd percentile
Higher net margin than 33% of similar nonprofits.
Top Officer Pay
81st percentile
Higher top officer pay than 81% of similar nonprofits.
Top officer pay equals 11.3% of source-year revenue.
Asset Growth
37th percentile
Faster asset growth than 37% of similar nonprofits.
Revenue Growth
25th percentile
Faster revenue growth than 25% of similar nonprofits.
Assets
Down$63,899
Down $986 (-1.5%) from 2020
Net Assets
$63,899
No earlier filing loaded for comparison.
Liabilities
Flat$0
Flat from 2020
Revenue
Down$88,256
Down $40,567 (-31%) from 2020
Expenses
Up$89,462
Up $5,714 (+6.8%) from 2020
Net Income
Down-$1,206
Down $46,281 (-103%) from 2020
03. PART III. WHAT IS THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE? The Valleyfest mission is to produce community driven, safe, family oriented, visually dramatic festivals and events. Valleyfest showcases the talent that enriches the Spokane Valley Region and celebrates the visual and performing arts, education and recreation for the entire community to enjoy.
SEE SCHEDULE O
| Description | Grants | Expenses |
|---|---|---|
| VALLEYFEST. SPOKANE VALLEY PREMIER FESTIVAL | - | $35,134 |
| MISS SPOKANE VALLEY SEE SCHEDULE O. | - | $8,832 |
| VALLEYFEST CYCLE CELEBRATION. ONE DAY EVENT CELEBRATES SPOKANE VALLEY INCORPORATION. EVENT ENCOURAGES YOUNG AND EXPERIENCED RIDERS TO PARTICIPATE IN CYCLING. EVENT ATTRACTS 200. | - | $4,690 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| PEGGY DOERING | Executive Director | FT | $10,000 | - | $10,000 |
| CLAUDE R WILHITE | Board President | PT | $0 | - | - |
| STEVE FLORENCE | Board Vice President | - | $0 | - | - |
| GAIL BONGIOVANNI | Board Secretary | - | $0 | - | - |
| RORY HENNEBERG | Board Treasurer | - | $0 | - | - |
| JUDY LIPPMAN | Board Member | - | $0 | - | - |
| STEPHANIE HUGHES | Board Member | - | $0 | - | - |
| SHIRENE YOUNG | Board Member | - | $0 | - | - |
| KATRINA NEBEL | Board Member | - | $0 | - | - |
| CARRIE ANN HOAG | Board Member | - | $0 | - | - |
| MARCIA ASMUSSEN | Board Member | - | $0 | - | - |
“Activity ValleyFest Childrens Foundation Amount 2,141”
“Description AmountVALLEYFEST CYCLE CELEBRATION 830MISS SPOKANE VALLEY AND FLOAT 8,832BOOTH EXPENSES REFUNDS 9,728MULTI-SPORT WEEKEND EVENTS 1,302VALLEYFEST MISC. EXPENSES 4,812VOLUNTEER/EMPLOYEE/SPONSOR 727OFFICE EXPENSES OTHER 3,644”
“Description AmountAccounting error 220”
“990 EZ Part I Line 10: Additional response Each year, the Valleyfest Childrens Foundation provides small grants to enrich the lives of students interested in pursuing an activity in the arts, culture , science or math. The grants are intended to support students success with financial support to do so something that their family might otherwise be unable to afford. In 2021, the Valleyfest Childrens Foundation issued grants in the amount of $2,141.”
“990ez part iii, line 29miss spokane valley. Valleyfest begins the event year with the valleyfest miss spokane valley leadership program open to all young women in their sophmore/junior year of high school. This program features a series of career workshops that include interview skills, marketing, networking, public speaking and resume writing. The royal court normally appears at a variety of community events during their year of service including the spokane lilac festival, torchlight parade, valleyfest hearts of gold parade, the spokane valley rotary clubs annual christmas tree lighting and much more. In addition the miss spokane valley event has acquired a drivable float platform and is in the process of refurbishing the float to an operational level in order to participate in 990ez part iii line 29 continuedin regional parades in 2022. Miss spokane valley royalty act as ambassadors for the city of spokane valley as well as at valleyfest. Part of this years expenses for the miss spokane valley event are costs for the float.990ez, part iii line 30. Valleyfest event. Valleyfest was founded in 1980 as a way to expose children to the benefits of art, science, nature and recreation. Valleyfest has since evlolved into a multi-faceted event showcasing the people and places that are the heart of spokane valley. The first event is the miss spokane valley which is detailed in part iii line 29 above. This event is followed in july by the valleyfest sponsored cycle celebration described on form 990ez part iii line 29. Cycle celebration encourages young and form 990ez, part iii line 30 continuedold to enjoy biking and celebrate the incorporation of spokane valley in 2003. Wrapping up in september, valleyfest kicks off the 3-day community event with the hearts of gold parade down main street of spokane valley. The parade draws as many as 10,000 spectators. The next day, valleyfest, the premier community festival in spokane valley invites visitors to begin the day with a pancake breakfast, then wander through the car show featuring a wide variety of beautiflully restored classic autos as well as the latest models. If the youngsters in the family want to learn how to fish, valleyfest offers fishing at the falls, a very popular event for kids and parents. In mirabeau park, adults and children have their pick of live entertainment on three 990ez, part iii, line 30 continuedstages. With over 200 local, regional and national vendors, our visitors have the opportunity to visit with other non-profit organizations, buy a local craft item or enjoy food from one of the several food vendors. If your faily is athletic, valleyfest has a 5k/10k run, a triathlon and family bike ride to name but a few activities. Robotics, stem & astronomy participation events keep the young mind as well as adults busy and engaged. The two day vallyfest event draws over 30,000 visitors to the festivites held at the city of spokane valley regional centerplace building and mirabeau park.”
“990ez, part iv: tim lane board member. 1 hour per week devoted to position.”
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/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 10 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | PEGGY DOERING |
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| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 0 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 220 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 29875 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | SEE SCHEDULE O |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 201 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 20544 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | VALLEYFEST CYCLE CELEBRATION. ONE DAY EVENT CELEBRATES SPOKANE VALLEY INCORPORATION. EVENT ENCOURAGES YOUNG AND EXPERIENCED RIDERS TO PARTICIPATE IN CYCLING. EVENT ATTRACTS 200. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | MISS SPOKANE VALLEY SEE SCHEDULE O. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 2 | VALLEYFEST. SPOKANE VALLEY PREMIER FESTIVAL |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 4690 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 1 | 8832 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 2 | 35134 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
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| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 27533 |
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| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 0 |
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| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 0.99660 |
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| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 199325 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 195330 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 807834 |
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| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 196100 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 199325 |
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| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
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| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Activity ValleyFest Childrens Foundation Amount 2,141 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Description AmountVALLEYFEST CYCLE CELEBRATION 830MISS SPOKANE VALLEY AND FLOAT 8,832BOOTH EXPENSES REFUNDS 9,728MULTI-SPORT WEEKEND EVENTS 1,302VALLEYFEST MISC. EXPENSES 4,812VOLUNTEER/EMPLOYEE/SPONSOR 727OFFICE EXPENSES OTHER 3,644 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Description AmountAccounting error 220 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | 990 EZ Part I Line 10: Additional response Each year, the Valleyfest Childrens Foundation provides small grants to enrich the lives of students interested in pursuing an activity in the arts, culture , science or math. The grants are intended to support students success with financial support to do so something that their family might otherwise be unable to afford. In 2021, the Valleyfest Childrens Foundation issued grants in the amount of $2,141. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | 990EZ PART III, LINE 29MISS SPOKANE VALLEY. VALLEYFEST BEGINS THE EVENT YEAR WITH THE VALLEYFEST MISS SPOKANE VALLEY LEADERSHIP PROGRAM OPEN TO ALL YOUNG WOMEN IN THEIR SOPHMORE/JUNIOR YEAR OF HIGH SCHOOL. THIS PROGRAM FEATURES A SERIES OF CAREER WORKSHOPS THAT INCLUDE INTERVIEW SKILLS, MARKETING, NETWORKING, PUBLIC SPEAKING AND RESUME WRITING. THE ROYAL COURT NORMALLY APPEARS AT A VARIETY OF COMMUNITY EVENTS DURING THEIR YEAR OF SERVICE INCLUDING THE SPOKANE LILAC FESTIVAL, TORCHLIGHT PARADE, VALLEYFEST HEARTS OF GOLD PARADE, THE SPOKANE VALLEY ROTARY CLUBS ANNUAL CHRISTMAS TREE LIGHTING AND MUCH MORE. IN ADDITION THE MISS SPOKANE VALLEY EVENT HAS ACQUIRED A DRIVABLE FLOAT PLATFORM AND IS IN THE PROCESS OF REFURBISHING THE FLOAT TO AN OPERATIONAL LEVEL IN ORDER TO PARTICIPATE IN 990EZ PART III LINE 29 CONTINUEDIN REGIONAL PARADES IN 2022. MISS SPOKANE VALLEY ROYALTY ACT AS AMBASSADORS FOR THE CITY OF SPOKANE VALLEY AS WELL AS AT VALLEYFEST. PART OF THIS YEARS EXPENSES FOR THE MISS SPOKANE VALLEY EVENT ARE COSTS FOR THE FLOAT.990EZ, PART III LINE 30. VALLEYFEST EVENT. VALLEYFEST WAS FOUNDED IN 1980 AS A WAY TO EXPOSE CHILDREN TO THE BENEFITS OF ART, SCIENCE, NATURE AND RECREATION. VALLEYFEST HAS SINCE EVLOLVED INTO A MULTI-FACETED EVENT SHOWCASING THE PEOPLE AND PLACES THAT ARE THE HEART OF SPOKANE VALLEY. THE FIRST EVENT IS THE MISS SPOKANE VALLEY WHICH IS DETAILED IN PART III LINE 29 ABOVE. THIS EVENT IS FOLLOWED IN JULY BY THE VALLEYFEST SPONSORED CYCLE CELEBRATION DESCRIBED ON FORM 990EZ PART III LINE 29. CYCLE CELEBRATION ENCOURAGES YOUNG AND FORM 990EZ, PART III LINE 30 CONTINUEDOLD TO ENJOY BIKING AND CELEBRATE THE INCORPORATION OF SPOKANE VALLEY IN 2003. WRAPPING UP IN SEPTEMBER, VALLEYFEST KICKS OFF THE 3-DAY COMMUNITY EVENT WITH THE HEARTS OF GOLD PARADE DOWN MAIN STREET OF SPOKANE VALLEY. THE PARADE DRAWS AS MANY AS 10,000 SPECTATORS. THE NEXT DAY, VALLEYFEST, THE PREMIER COMMUNITY FESTIVAL IN SPOKANE VALLEY INVITES VISITORS TO BEGIN THE DAY WITH A PANCAKE BREAKFAST, THEN WANDER THROUGH THE CAR SHOW FEATURING A WIDE VARIETY OF BEAUTIFLULLY RESTORED CLASSIC AUTOS AS WELL AS THE LATEST MODELS. IF THE YOUNGSTERS IN THE FAMILY WANT TO LEARN HOW TO FISH, VALLEYFEST OFFERS FISHING AT THE FALLS, A VERY POPULAR EVENT FOR KIDS AND PARENTS. IN MIRABEAU PARK, ADULTS AND CHILDREN HAVE THEIR PICK OF LIVE ENTERTAINMENT ON THREE 990EZ, PART III, LINE 30 CONTINUEDSTAGES. WITH OVER 200 LOCAL, REGIONAL AND NATIONAL VENDORS, OUR VISITORS HAVE THE OPPORTUNITY TO VISIT WITH OTHER NON-PROFIT ORGANIZATIONS, BUY A LOCAL CRAFT ITEM OR ENJOY FOOD FROM ONE OF THE SEVERAL FOOD VENDORS. IF YOUR FAILY IS ATHLETIC, VALLEYFEST HAS A 5K/10K RUN, A TRIATHLON AND FAMILY BIKE RIDE TO NAME BUT A FEW ACTIVITIES. ROBOTICS, STEM & ASTRONOMY PARTICIPATION EVENTS KEEP THE YOUNG MIND AS WELL AS ADULTS BUSY AND ENGAGED. THE TWO DAY VALLYFEST EVENT DRAWS OVER 30,000 VISITORS TO THE FESTIVITES HELD AT THE CITY OF SPOKANE VALLEY REGIONAL CENTERPLACE BUILDING AND MIRABEAU PARK. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | 990EZ, PART IV: TIM LANE BOARD MEMBER. 1 HOUR PER WEEK DEVOTED TO POSITION. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | List of grants and similar amounts paid Part I line 10 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Description of other expenses Part I line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Other changes in net assets or fund balances Part I line 20 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Part I response or note to any other line in Part I |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Part III response or note to any other line in Part III |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Part IV response or note to any line in Part IV |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL2 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd | 0 | 11 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 0 |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | CLAUDE R WILHITE |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | BOARD PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 5099223299 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2022-05-12 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | VALLEYFEST |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | VALL |
| ReturnHeader/Filer/EIN | 0 | 943152294 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | P O BOX 368 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Veradale |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | WA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 99037 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 820506955 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Michael R Jones PLLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 508 N 13th St |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Boise |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | ID |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 83702 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 2083857400 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2022-05-12 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Michael R Jones |
| ReturnHeader/PreparerPersonGrp/SelfEmployedInd | 0 | X |
| ReturnHeader/ReturnTs | 0 | 2022-05-12T19:33:07-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | CLAUDE |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | WILHITE |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2021-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2021-12-31 |
| ReturnHeader/TaxYr | 0 | 2021 |
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Displayed year
2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.