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Nonprofit · EIN 92-1700871

VALHALLA FUND

Tax-exempt · MONROE, WA 98272

Financials

$181K$74K2023$120K$132K2024
Revenue Expenses · by fiscal year end
Financials of VALHALLA FUND by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$119,578$131,757-$12,179$104,025$9,306$94,719
December 31, 2023990$180,599$73,701$106,898$113,464$6,566$106,898
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$113,593
Program service revenue
$0
Investment income
$5,985
Other revenue
$0

Expenses

Grants and similar amounts paid
$15,000
Salaries, compensation and benefits (total)
$22,882
Professional fundraising fees
$0
Legal fees
$747
Accounting fees
$10,063
Travel
$7,753
Program services (functional)
$109,762
Management and general (functional)
$21,995

Balance sheet and other

Total assets, start of year
$113,464
Total assets, end of year
$104,025
Total liabilities, end of year
$9,306
Net assets, end of year
$94,719
Gross receipts
$119,578
Employees
0
Volunteers
0
Year formed
2023
State of legal domicile
WA

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 / weekCompensation
CHRISTIAN JOHANNESONCEO
Trustee or director, Officer
15$18,342
GREG HUNTERBOARD MEMBER
Trustee or director
5$0
ALICE JOHANNESONBOARD MEMBER
Trustee or director
5$0
REGINA SPERRYBOARD MEMBER
Trustee or director
5$0
CONNIE YOUNGBOARD MEMBER
Trustee or director
5$0
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensationOther / benefits
CHRISTIAN JOHANNESONCEO
Trustee or director, Officer
15$0$10,113
GREG HUNTERBOARD MEMBER
Trustee or director
5$0$0
ALICE JOHANNESONBOARD MEMBER
Trustee or director
5$0$0
REGINA SPERRYBOARD MEMBER
Trustee or director
5$0$0
JOHN JACK JOHANNESONBOARD MEMBER
Trustee or director
5$0$0

Address and contacts

Address (IRS master file)
22220 HIGH BRIDGE RD, MONROE, WA 98272-8830
Principal officer (990 for 2024)
CHRISTIAN JOHANNESON, 22220 HIGH BRIDGE RD, MONROE, WA 98272
Signed the 990
CHRISTIAN JOHANNESON, CEO
Phone
(425) 445-3507
Return prepared by
AMG National Trust Bank

Mission

See Schedule O Supplemental Information

990 for the year ended December 31, 2024

Program accomplishments

  • Scooter Iceland - The foundation funded a 2025 Scooter Iceland ride from Seaside, Oregon to South Padre Island, Texas raising funds and awareness for pulmonary fibrosis. 100% of the money raised will go directly towards benefiting those affected by pulmonary fibrosis.
    Expenses $93,854 · grants $15,000 · revenue $93,800
  • Valhalla Vessels - The Valhalla Fund offers a unique experience to visitors and locals alike. Whether you're looking to explore the beauty of Puget Sound, or are seeking an unforgettable fishing adventure, their team is eager to take you there. They operate on a donation-based system, making sure that everyone has access to the serenity and excitement of the water.
    Expenses $15,908 · revenue $16,553

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
92-1700871
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
2023
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Medical research (H45)
Assets (IRS master file)
$104,025
Income (IRS master file)
$119,578

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$119,578$131,757$104,025XML
990December 2023$180,599$73,701$113,464XML

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 92-1700871).

Questions about VALHALLA FUND

What is the EIN of VALHALLA FUND?
The employer identification number (EIN) of VALHALLA FUND is 92-1700871.
Is VALHALLA FUND tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
Are donations to VALHALLA FUND tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does VALHALLA FUND 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 VALHALLA FUND 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 VALHALLA FUND 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 VALHALLA FUND?
The 990 for the year ended December 31, 2024 names CHRISTIAN JOHANNESON.
Who are the officers and directors of VALHALLA FUND?
The 990 for the year ended December 31, 2024 lists 5 people; 1 received compensation from the organization, the highest $18,342 (CHRISTIAN JOHANNESON, CEO).
How much revenue does VALHALLA FUND have?
On its 990 for the year ended December 31, 2024 it reported revenue of $119,578, expenses of $131,757 and total assets of $104,025 at year end.

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