Civic Intelligence

Hemet Valley Art Association Inc.

EIN 95-3181720 • 501(c)3 • Hemet, CA

Pub. 78 Eligible990-N Coverage

Profile

Hemet Valley Art exists to encourage and develop the appreciation study and practice of fine arts. We are here to further educate inspire and enrich the lives of others and promote art in Hemet. We do this through our programs classes workshops exhibits scholarships and other activities.

144 N Harvard Street P O Box 541Hemet, CA 92546

www.hemetvalleyart.com

Siviq Scores

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

Liabilities / Assets

60th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

53rd percentile

3.1%

Higher net margin than 53% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

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 2024

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Balance Sheet
Liabilities / Assets60th percentile

Assets

$68,182

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Net Assets

$68,182

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue62nd percentileNet Margin53rd percentile

Revenue

$27,724

No earlier filing loaded for comparison.

Expenses

$26,858

No earlier filing loaded for comparison.

Net Income

$866

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Asset GrowthScore unavailable

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

$80K$60K$40K$20K$0Assets 2024: $68,182Liabilities 2024: $0Net Assets 2024: $68,1822024

Highlighted filing

2024

Assets$68,182
Liabilities$0
Net Assets$68,182
Open 2024 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$30K$20K$10K$0Revenue 2024: $27,724Expenses 2024: $26,858Net Income 2024: $8662024

Highlighted filing

2024

Revenue$27,724
Expenses$26,858
Net Income$866
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$68,182
Liabilities
$0
Net assets
$68,182
Revenue
$27,724
Expenses
$26,858
Net income
$866
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$68.2$0.00$68.2$27.7$26.9$0.87
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Feb 3, 2025
Return Version
2024v5.0
Gross Receipts
$27,724
Mission and Program Overview

Mission

Hemet Valley Art exists to encourage and develop the appreciation study and practice of fine arts. We are here to further educate inspire and enrich the lives of others and promote art in Hemet. We do this through our programs classes workshops exhibits scholarships and other activities.

Hemet Valley Art Association exists to encourage and develop the appreciation study and practice of fine arts. We are here to further educate inspire and enrich the lives of others and promote art in Hemet. We do this through our programs classes workshops exhibits scholarships and other activities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$47,453$59,460▲ $12,007
Savings and Temporary Cash Investments$8,719$8,722▲ $3
Accounts Receivable$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
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$56,172$68,182▲ $12,010
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
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$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$56,172$68,182▲ $12,010
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$56,172$68,182▲ $12,010
Total Liabilities and Net Assets / Fund Balance$56,172$68,182▲ $12,010
Compensation and Service Providers
Top Officer Pay81st percentile

Board Members and Trustees

NameTitle
Alison WeimanPresident
Lynn ThrockmortonVice-President
Diana KlewenhagenBoard Member
Jenny GagnonBoard Member
Patti GrecoBoard Member
Art MajerusGallery Director
nana
Sheryl CooleyParliamentarian
Kathy SchmittSecy
Anna M IvesTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$27,724
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$13,380
Change in Net Assets
$866
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$26,858
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
Occupancy$0$0$0$18,000
All Other Expenses$15,028$0$0$0
Office Expenses$0$0$0$1,588
Insurance$0$0$0$550
Total Functional Expenses$15,028$0$0$26,858
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 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
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI, Line 6

“Organization is a 501 C 3 LLC; all 134 members are members not stockholders and have equal voting rights. Minutes of the Executive Board meeting and the Board meetings are recorded and archived by a Secretary duly elected at the end of tenure by the 134 members. All Officers of the Executive Board are volunteers who receive no compensation. We have NO employees and no one in this Associations receives compensation of any kind.”

Part VI, Line 7A

“Each of the 134 or so members has one vote and the right to exercise that vote at our General Meeting in November of each year to elect officers whose tenures are completed.”

Part VI, Line 11A

“This form is completed by the elected Treasurer and after completion is presented to the Executive Board for approval.”

Part VI, Line 19

“Upon request.”

Filing and Contact Details

Filer

Filer Name
Hemet Valley Art Association Inc
EIN
95-3181720
In Care Of
% Alison Wieman
Phone
9516524592
Address
144 N HARVARD STREET P O BOX 541, Hemet, CA 92546
Doing Business As
Hemet Valley Art Association Inc

Signing Officer

Name
Anna M Ives
Title
Treasurer HVAA
Signed
2025-02-03

Organization Details

Formed
1981
Legal Domicile
CA
Voting Board Members
9
Independent Board Members
0
Employees
0
Volunteers
134
Supplemental Narrative

Additional Explanations

Part XI, Line 9

“| Description:, Explanation:, Amount:| Grants received., Grants received., $11144|”

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