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YAKIMA VALLEY COMMUNITY FOUNDATION

Investing So the Community We Know and Love Thrives

Yakima, WA   |  www.yakimavalleycf.org
GuideStar Charity Check

YAKIMA VALLEY COMMUNITY FOUNDATION

EIN: 20-0697012


Mission

Yakima Valley Community Foundation invests in our local communities to create change. Our work is focused on equity in education, health, and civic engagement. We address complex conditions and systems, and provide opportunities for those who have been historically and frequently overlooked and left behind. Our role is to guide strategic investments, provide community leadership, and grant to organizations for tangible impacts in the lives of those that call the Yakima Valley home.

Ruling year info

2004

President and CEO

Ms. Sharon F. Miracle

Main address

316 E. Yakima Avenue, Suite 201

Yakima, WA 98901 USA

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EIN

20-0697012

Subject area info

Education

Philanthropy

Community improvement

Foundations

Population served info

Children and youth

Adults

LGBTQ people

Heterosexuals

Women and girls

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NTEE code info

Community Foundations (T31)

IRS subsection

501(c)(3) Public Charity

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Tax forms

Communication

Programs and results

What we aim to solve

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Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Act Six and Ready to Rise

As a philanthropic community foundation, we manage and grow funds for our community's benefit and grant to charitable organizations in Central Washington. We also manage several programs and coalitions. Act Six and Ready to Rise are college access and success programs that we support with funding and two full-time staff members. The programs provide leadership training, cohort building, and provide support to throughout college for first-generation students from Yakima County in Washington State.

Population(s) Served
Adults
Children and youth
Ethnic and racial groups
Families
People with disabilities

Where we work

Financials

YAKIMA VALLEY COMMUNITY FOUNDATION
Fiscal year: Jan 01 - Dec 31
Financial documents
2021 Yakima Valley Community Foundation 2020 A-133 Single Audit
done  Yes, financials were audited by an independent accountant. info

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
NET GAIN/LOSS:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2022 info

SOURCE: IRS Form 990

10.89

Average of 12.83 over 10 years

Months of cash in 2022 info

SOURCE: IRS Form 990

7.6

Average of 6.5 over 10 years

Fringe rate in 2022 info

SOURCE: IRS Form 990

18%

Average of 21% over 10 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

YAKIMA VALLEY COMMUNITY FOUNDATION

Revenue & expenses

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

YAKIMA VALLEY COMMUNITY FOUNDATION

Balance sheet

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: cloud_download Download Data

YAKIMA VALLEY COMMUNITY FOUNDATION

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

This snapshot of YAKIMA VALLEY COMMUNITY FOUNDATION’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

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Business model indicators

Profitability info 2018 2019 2020 2021 2022
Unrestricted surplus (deficit) before depreciation -$5,484,794 $7,273,308 $7,353,604 $3,883,935 -$6,033,195
As % of expenses -105.7% 131.9% 92.9% 55.4% -114.5%
Unrestricted surplus (deficit) after depreciation -$5,508,317 $7,254,124 $7,342,378 $3,879,983 -$6,037,736
As % of expenses -105.7% 131.1% 92.6% 55.3% -114.5%
Revenue composition info
Total revenue (unrestricted & restricted) $4,519,744 $4,383,602 $9,644,344 $19,701,329 $3,114,851
Total revenue, % change over prior year 33.2% -3.0% 120.0% 104.3% -84.2%
Program services revenue 11.2% 11.7% 5.3% 3.1% 19.1%
Membership dues 0.0% 0.0% 0.0% 0.0% 0.0%
Investment income 18.8% 18.6% 8.1% 6.7% 49.4%
Government grants 0.0% 0.0% 31.9% 0.6% 0.0%
All other grants and contributions 32.6% 40.5% 42.9% 18.6% 125.7%
Other revenue 37.3% 29.2% 11.6% 71.0% -94.2%
Expense composition info
Total expenses before depreciation $5,186,822 $5,515,308 $7,914,599 $7,012,522 $5,268,264
Total expenses, % change over prior year 32.0% 6.3% 43.5% -11.4% -24.9%
Personnel 12.2% 11.9% 12.1% 13.6% 20.7%
Professional fees 21.8% 16.8% 10.6% 13.9% 19.3%
Occupancy 1.3% 1.5% 1.2% 1.4% 2.1%
Interest 0.0% 0.0% 0.0% 0.0% 0.0%
Pass-through 61.8% 66.1% 73.0% 65.6% 51.1%
All other expenses 2.9% 3.7% 3.0% 5.5% 6.8%
Full cost components (estimated) info 2018 2019 2020 2021 2022
Total expenses (after depreciation) $5,210,345 $5,534,492 $7,925,825 $7,016,474 $5,272,805
One month of savings $432,235 $459,609 $659,550 $584,377 $439,022
Debt principal payment $0 $0 $0 $108,741 $0
Fixed asset additions $0 $0 $0 $5,296 $0
Total full costs (estimated) $5,642,580 $5,994,101 $8,585,375 $7,714,888 $5,711,827

Capital structure indicators

Liquidity info 2018 2019 2020 2021 2022
Months of cash 5.6 2.6 5.7 13.7 7.6
Months of cash and investments 138.9 143.5 112.6 134.7 166.1
Months of estimated liquid unrestricted net assets 125.3 133.7 104.3 124.4 151.8
Balance sheet composition info 2018 2019 2020 2021 2022
Cash $2,441,169 $1,196,241 $3,774,358 $8,015,062 $3,354,094
Investments $57,577,969 $64,762,050 $70,480,037 $70,720,042 $69,564,658
Receivables $250,000 $3,073,418 $2,674,312 $2,029,115 $1,254,220
Gross land, buildings, equipment (LBE) $294,263 $294,115 $298,926 $304,222 $307,275
Accumulated depreciation (as a % of LBE) 89.7% 95.9% 98.2% 97.7% 98.3%
Liabilities (as a % of assets) 8.9% 10.0% 9.3% 8.5% 8.9%
Unrestricted net assets $54,197,644 $61,451,768 $68,794,146 $72,674,129 $66,636,393
Temporarily restricted net assets $808,312 N/A N/A N/A N/A
Permanently restricted net assets $0 N/A N/A N/A N/A
Total restricted net assets $808,312 $804,386 $1,126,529 $1,341,479 $1,344,081
Total net assets $55,005,956 $62,256,154 $69,920,675 $74,015,608 $67,980,474

Key data checks

Key data checks info 2018 2019 2020 2021 2022
Material data errors No No No No No

Operations

The people, governance practices, and partners that make the organization tick.

Documents
Letter of Determination is not available for this organization
Form 1023/1024 is not available for this organization

President and CEO

Ms. Sharon F. Miracle

Sharon Miracle has 20+ years in non-profit leadership as a CEO, executive director, vice president, and director for healthcare, higher education, and philanthropic organizations ranging in size from 2-4,500 employees and revenues from $350,000 to $4 billion annually. Sharon also worked in the private sector for a large agricultural cooperative in the Yakima Valley for nearly a decade leading communications and corporate social responsibility. Earlier in her career, she worked for one of the nation’s national laboratories writing proposals, negotiating contracts, and monitoring deliverables on research projects related to atmospheric sciences, technology, artificial intelligence, and more. Sharon holds a B.S. in Business Administration and Marketing Management from Central Washington University and completed extensive graduate work in communication and leadership while pursuing her M.A. from Gonzaga University.

Number of employees

Source: IRS Form 990

YAKIMA VALLEY COMMUNITY FOUNDATION

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
Other
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Compensation data
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YAKIMA VALLEY COMMUNITY FOUNDATION

Highest paid employees

SOURCE: IRS Form 990

Compensation
Other
Related
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Compensation data
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YAKIMA VALLEY COMMUNITY FOUNDATION

Board of directors
as of 06/15/2023
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board chair

Cynthia Juarez

Director Migrant and Early Childhood Education, WA-ESD105

Term: 2022 - 2024

Lisa Campbell-John

Yakima Valley Farmworkers Clinic

Kristin Kershaw-Snapp

Domex/Superfresh

Ignacio Marquez

WA State Dept. of Ag.

Paul Nagle-McNaughton

Comprehensive Health

Josh Beck

Petersen-Hastings

Wendy Aguilar

Coca-Cola Bottling/Dolsen Companies

Greg Bainter

retired

Gwen Chaplin

retired

Cragg Gilbert

retired

Esther Magasis

Yakima County

Corinne Murphy-Hines

retired

Martha Rickey

NW Justice Project

Jose Rivera

Grandview School District

Giovanni Severino

Latino Community Fund

David Severn

WA Fruit and Produce

Magaly Solis

La Casa Hogar

Miho Sugasawa

Gilbert Orchards

Rhonda Taylor

retired

Anita Quintana

Yakima School District

Shelly Valdez

Microsoft

Organizational demographics

SOURCE: Self-reported; last updated 2/24/2023

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity
White/Caucasian/European
Gender identity
Female, Not transgender
Sexual orientation
Heterosexual or Straight
Disability status
Person without a disability

Race & ethnicity

Gender identity

Transgender Identity

Sexual orientation

Disability

Contractors

Fiscal year ending
There are no fundraisers recorded for this organization.