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Nonprofit · EIN 86-2841607

WVHY INC

Tax-exempt · NORTHRIDGE, CA 91324

Financials

$483K$503K2023$1M$773K2024
Revenue Expenses · by fiscal year end
Financials of WVHY INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,022,886$773,445$249,441$256,495$2,400$254,095
December 31, 2023990$482,913$503,295-$20,382$5,294$640$4,654
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,022,886
of which government grants
$788,669
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$289,572
Compensation of officers, directors and key employees
$113,522
Other salaries and wages
$191,692
Salaries, compensation and benefits (total)
$335,928
Professional fundraising fees
$0
Legal fees
$2,849
Accounting fees
$16,950
Occupancy
$18,888
Travel
$15,701
Program services (functional)
$705,410
Management and general (functional)
$68,035

Balance sheet and other

Total assets, start of year
$5,294
Total assets, end of year
$256,495
Total liabilities, end of year
$2,400
Net assets, end of year
$254,095
Net assets without donor restrictions
$254,095
Gross receipts
$1,022,886
Employees
14
Volunteers
100
Year formed
2021
State of legal domicile
CA

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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
KIM OLSENTREASURER/EXECUTIVE DIRECTO
Trustee or director, Officer
60$98,654$9,868
TERESA CEDENOPRESIDENT
Trustee or director, Officer
4.5$5,000$0
MICHELLE GRIESTSECRETARY
Trustee or director, Officer
3$0$0
CAITLIN MOLLINABOARD MEMBER (TO 04/2024)
Trustee or director
0.5$0$0
JULIE MAOBOARD MEMBER (TO 04/2024)
Trustee or director
0.5$0$0
990 for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensation
KIM OLSENTREASURER/ EXECUTIVE DIRECTOR
Trustee or director, Officer
40$88,037
NICOLE PLESCIA TO SEPT 2023BOARD MEMBER
Trustee or director
0.5$0
TERESA CEDENO FROM NOV 2023PRESIDENT
Trustee or director, Officer
4.5$0
JULIE MAO FROM NOV 2023BOARD MEMBER
Trustee or director
0.5$0
MICHELLE GRIESTSECRETARY
Trustee or director, Officer
3$0
CAITLIN MOLLINABOARD MEMBER
Trustee or director
0.5$0
HANNAH BOWMAN TO SEPT 2023PRESIDENT
Trustee or director, Officer
0.5$0

Address and contacts

Address (IRS master file)
19849 NORDHOFF ST, NORTHRIDGE, CA 91324-3331
Mailing address (990-N for 2021)
21000 Devonshire Street Suite 111, Chatsworth CA 91311
Principal officer (990 for 2024)
KIM OLSEN, 19849 NORDHOFF ST, NORTHRIDGE, CA 91324
Principal officer (990-N for 2021)
Hannah Bowman, 21000 Devonshire Street Suite 111, Chatsworth CA 91311
Signed the 990
KIM OLSEN, TREASURER/ EXECUTIVE DIRECTOR
Phone
(310) 305-4080
Return prepared by
FOUMBERG JUNEJA ROCHER & CO PC

Mission

THE ORGANIZATION IS A COMMUNITY-BASED MUTUAL-AID NONPROFIT, PROVIDING SUPPLIES AND SUPPORT TO PEOPLE EXPERIENCING HOMELESSNESS AND ADVOCATING FOR COMPASSIONATE, JUST, AND COLLABORATIVE SOLUTIONS TO HOMELESSNESS.

990 for the year ended December 31, 2024

Program accomplishments

  • THE RV PROGRAM WAS USED AS THE BASIS FOR A CITYWIDE PROTOCOL FOR ENGAGING VEHICLE DWELLERS. DURING THE YEAR THE ORGANIZATION ASSISTED OVER 250 INDIVIDUALS.
    Expenses $437,947 · grants $22,109
  • THE ORGANIZATION PROVIDES LUNCHES AND HYGIENE PRODUCTS, TO INDIVIDUALS EXPERIENCING HOMELESSNESS. WVHY ORGANIZES ONE OF THE LARGEST VOLUNTEER OUTREACHES IN THE SAN FERNANDO VALLEY AND SERVED OVER 1,500 INDIVIDUALS THROUGHOUT THE YEAR.
    Expenses $267,463 · grants $267,463

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
86-2841607
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2021
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P85)
Assets (IRS master file)
$256,495
Income (IRS master file)
$1,022,886

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,022,886$773,445$256,495IRS
990December 2023$482,913$503,295$5,294XML
990December 2022$187,804$163,796$25,036IRS
990-N for 2021
Officer: Hannah Bowman
December 31, 2021≤ $50,000 receipts––e-Postcard

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.

Questions about WVHY INC

What is the EIN of WVHY INC?
The employer identification number (EIN) of WVHY INC is 86-2841607.
Is WVHY INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
Are donations to WVHY INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does WVHY 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 WVHY INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did WVHY INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of WVHY INC?
The 990 for the year ended December 31, 2024 names KIM OLSEN.
Who are the officers and directors of WVHY INC?
The 990 for the year ended December 31, 2024 lists 5 people; 2 received compensation from the organization, the highest $98,654 (KIM OLSEN, TREASURER/EXECUTIVE DIRECTO).
How much revenue does WVHY INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,022,886, expenses of $773,445 and total assets of $256,495 at year end.

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