everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Valley Initiative For Development And Advancement

Mercedes, TX / EIN 74-2768931 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
20113,106,8873,023,18283,7050.720%
20124,175,5163,631,179544,3372.419%
20133,374,9353,259,671115,2643.121%
20142,822,4532,439,914382,5396.027%
20153,030,1063,660,036−629,9302.024%
20162,350,0902,804,152−454,0620.622%
20172,161,6552,342,707−181,052-1.018%
20182,120,7141,960,796159,918-0.318%
20192,100,1052,069,69130,414-0.118%
20202,641,2512,084,671556,5803.423%
20211,960,1031,879,38880,7154.328%
20222,551,1692,283,170267,9994.925%
20233,345,4363,044,969300,4674.921%

In its most recent public year (2023), this organization brought in $300,467 more than it spent. Its reserves stood at about 4.9 months of spending, up from 0.7 in 2011. Staff pay was 21% of spending. $850,308 of its net assets are donor-restricted.

Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings

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