VALK FAMILY FOUNDATION INC

EIN: 851313037 501(c)(3) Human Services

PALM HARBOR, FL

Total Revenue
$505,033
Total Expenses
$26,226
Total Assets
$756,893
Net Assets
$756,893
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
FL
Principal Officer
NEIL VALK
Phone
7277817100
Tax Period
2024-01-01 to 2024-12-31

VALK FAMILY FOUNDATION INC, founded in 2020, is a small nonprofit in the Human Services sector that reported $505K in total revenue in fiscal year 2024. Revenue surged 1299% from the prior year, signaling strong growth momentum. The organization ran a surplus of $479K, a strong 95% operating margin.

Mission

SUPPORTING YOUTH ACTIVITIES IN THE COMMUNITY.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $500,000
Investment Income $5,033
Other Revenue $0
TOTAL REVENUE $505,033

Expense Breakdown

Grants Paid $25,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $26,226
Other Expenses $1,226
TOTAL EXPENSES $26,226

Year-over-Year Comparison

2024 2023 Change
Revenue $505,033 $36,095 +13.0%
Expenses $26,226 $42,961 -0.4%
Net Income $478,807 $-6,866 -70.7%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
2
Independent Members
2
Employees
N/A
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL KOUSKOUTIS DIRECTOR N/A
Officer
$0 $0 $0
NEIL VALK PRESIDENT N/A
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $505,033 $26,226 $756,893 $478,807
2023 $36,095 $42,961 $278,086 $-6,866
2022 $71,942 $17,194 $289,975 $54,748
2022 $16,109 $25,896 $280,188 $-9,787
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