Nonprofit · EIN 27-1608970
VALPO SURF PROJECT INC
Tax-exempt · CAMBRIDGE, MA 02139
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| November 30, 2024 | 990 | $415,175 | $499,943 | -$84,768 | $39,379 | $98,835 | -$59,456 |
| November 30, 2023 | 990 (amended) | $397,799 | $476,641 | -$78,842 | $50,745 | $25,433 | $25,312 |
Financial details: 990 for the year ended November 30, 2024
Revenue
- Contributions, gifts and grants
- $415,175
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $278,335
- Compensation of officers, directors and key employees
- $83,255
- Other salaries and wages
- $60,148
- Salaries, compensation and benefits (total)
- $154,073
- Professional fundraising fees
- $0
- Accounting fees
- $11,326
- Travel
- $26,242
- Program services (functional)
- $315,186
- Management and general (functional)
- $86,203
- Fundraising (functional)
- $98,554
Balance sheet and other
- Total assets, start of year
- $50,745
- Total assets, end of year
- $39,379
- Total liabilities, end of year
- $98,835
- Net assets, end of year
- -$59,456
- Net assets without donor restrictions
- -$59,456
- Gross receipts
- $415,175
- Employees
- 2
- Volunteers
- 20
- Year formed
- 2009
- State of legal domicile
- MA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended November 30, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| WILEY TODD | FOUNDER / CEO Trustee or director, Officer | 40 | $80,000 | $3,255 |
| KENNETH FRENCH | CHAIRMAN Trustee or director, Officer | 5 | $0 | $0 |
| WESTERN TODD | SECRETARY Trustee or director, Officer | 5 | $0 | $0 |
| JONATHAN STEUBER | TREASURER Trustee or director, Officer | 5 | $0 | $0 |
| HENRY MYER | FOUNDER Trustee or director | 2 | $0 | $0 |
| MAX HANDLER | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| RYAN HOLBROOK | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| JAMES LUNT | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
990 for the year ended November 30, 2023: 8 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| WILEY TODD | FOUNDER / CEO Trustee or director, Officer | 40 | $80,000 | $2,426 |
| KENNETH FRENCH | CHAIRMAN Trustee or director, Officer | 5 | $0 | $0 |
| WESTERN TODD | SECRETARY Trustee or director, Officer | 5 | $0 | $0 |
| JONATHAN STEUBER | TREASURER Trustee or director, Officer | 5 | $0 | $0 |
| RYAN HOLBROOK | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| HENRY MYER | FOUNDER Trustee or director | 2 | $0 | $0 |
| JAMES LUNT | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| MAX HANDLER | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 99 PLEASANT ST, CAMBRIDGE, MA 02139-4446
- Mailing address (990-N for 2012)
- 99 Pleasant Street, Cambridge MA 02139
- Principal officer (990 for 2023)
- WILEY TODD, 232 MAIN STREET, THOMASTON, ME 04861
- Principal officer (990-N for 2012)
- Charles R Myer, 99 Pleasant Street, Cambridge MA 02139
- Signed the 990
- WILEY TODD, CEO
- Phone
- (207) 975-3825
- Website
- WWW.VALPOSURFPROJECT.ORG
- Return prepared by
- CITRIN COOPERMAN ADVISORS LLC
Mission
OUR MISSION IS TO USE SURFING INSTRUCTION AND ACADEMIC MENTORING TO ENCOURAGE ENGLISH LANGUAGE SKILLS, PERSONAL CHARACTER DEVELOPMENT, AND ENVIRONMENTAL CONSCIOUSNESS AMONG UNDERPRIVILEGED AND AT RISK YOUTH IN CITIES ACROSS THE GLOBE.
Program accomplishments
- THE VALPO SURF PROJECT IS A YOUTH MENTORSHIP ORGANIZATION THAT WORKS WITH AT-RISK POPULATIONS IN VALPARAISO, CHILE. OUR KIDS OFTEN FACE TREMENDOUS HARDSHIPS FROM AN EARLY AGE. POVERTY, DRUG ABUSE, AND VIOLENT CRIME ARE EVERYDAY REALITIES IN THEIR NEIGHBORHOODS. VSP IS A SOURCE OF STABILITY, GUIDANCE, AND CONSISTENCY AMIDST AN OTHERWISE CHAOTIC ENVIRONMENT. OUR GOAL IS TO USE SURFING AND ACADEMIC TUTORING TO ENCOURAGE ENGLISH LANGUAGE SKILLS, PERSONAL CHARACTER DEVELOPMENT, AND ENVIRONMENTAL CONSCIOUSNESS AMONG OUR STUDENTS.CONSTANT MENTORSHIP IS THE GLUE THAT UNIFIES ALL VSP PROGRAMMING. ON AVERAGE EACH STUDENT RECEIVES 265 HOURS OF PROGRAMMING PER YEAR INCLUDING: SURFING: SURF SESSIONS ARE THE HEART OF OUR RELATIONSHIP WITH OUR STUDENTS. IN THE OCEAN OUR STUDENTS TAKE A BREAK FROM THE STRESSES OF THEIR EVERYDAY LIVES, ENGAGE IN HEALTHY PHYSICAL ACTIVITY, AND SPEND QUALITY TIME WITH THEIR MENTORS. ACADEMICS: WE PROVIDE ENGLISH CLASSES, INDIVIDUALIZED TUTORING, AND COLLEGE AND CAREER PREPARATION. OUR ACADEMICS ARE OPENING DOORS FOR OUR STUDENTS THEY PREVIOUSLY DID NOT KNOW EXISTED. ENVIRONMENT: OUR ENVIRONMENTAL ACTIVITIES ENCOURAGE ENVIRONMENTAL CONSCIOUSNESS, COMMUNITY SERVICE, AND LEADERSHIP SKILLS. SINCE 2010, WE HAVE WORKED WITH OVER 2,000 STUDENTS AND PROVIDED OVER 7,000 MENTORSHIP HOURS DURING MORE THAN 2,000 ACTIVITIES. WE HAVE GROWN TO INCLUDE STUDENTS FROM 8 DISTINCT NEIGHBORHOODS, SCHOOLS, AND SENAME, A STATE-OPERATED CHILD PROTECTION HOME FOR BOTH JUVENILE REHABILITATION AND CARE FOR AT-RISK YOUTH REMOVED FROM UNSAFE HOMES. VSP IS COMMITTED TO EACH STUDENT, EMPOWERING THEM WITH THE TOOLS TO BETTER THEIR OWN LIVES AND POSITIVELY IMPACT THEIR COMMUNITIES.Expenses $315,186 · grants $278,335
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in November, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2024 | November 30, 2025 | April 15, 2026 | Not on file |
| 2023 | November 30, 2024 | April 15, 2025 | 990 on file |
| 2022 | November 30, 2023 | April 15, 2024 | 990 on file |
IRS record
- EIN
- 27-1608970
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2010
- Accounting year ends
- November
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Recreation and sports (N67)
- Assets (IRS master file)
- $39,379
- Income (IRS master file)
- $415,175
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | November 2024 | $415,175 | $499,943 | $39,379 | XML |
| 990 | November 2023 | $397,799 | $476,641 | $50,745 | XML |
| 990 | November 2022 | $341,009 | $305,398 | $110,272 | IRS |
| 990 | November 2021 | $143,016 | $193,137 | $74,661 | IRS |
| 990 | December 2017 | – | – | – | IRS |
| 990-N for 2012 Officer: Charles R Myer | December 31, 2012 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 27-1608970).
Questions about VALPO SURF PROJECT INC
- What is the EIN of VALPO SURF PROJECT INC?
- The employer identification number (EIN) of VALPO SURF PROJECT INC is 27-1608970.
- Is VALPO SURF PROJECT INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
- Are donations to VALPO SURF PROJECT INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does VALPO SURF PROJECT INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of VALPO SURF PROJECT INC due?
- The return for tax year 2024 (the year ending November 30, 2025) is due April 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did VALPO SURF PROJECT INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended November 2024.
- Who is the principal officer of VALPO SURF PROJECT INC?
- The 990 for the year ended November 30, 2024 names WILEY TODD.
- Who are the officers and directors of VALPO SURF PROJECT INC?
- The 990 for the year ended November 30, 2024 lists 8 people; 1 received compensation from the organization, the highest $80,000 (WILEY TODD, FOUNDER / CEO).
- How much revenue does VALPO SURF PROJECT INC have?
- On its 990 for the year ended November 30, 2024 it reported revenue of $415,175, expenses of $499,943 and total assets of $39,379 at year end.
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All nonprofits in CAMBRIDGE · Massachusetts · Recreation and sports