Overview
What is Valeo Inc?
Valeo Inc is a nonprofit organization situated in Columbia, South Carolina, with a focus on supporting global workers and their families. The organization provides a comprehensive range of services to enhance their emotional, relational, and spiritual health. This is accomplished through debriefing sessions, spiritual direction, counseling, psychiatric care, check-ups, and consulting. Valeo Inc serves individuals who are sent to minister cross-culturally, offering both preventative and restorative care to strengthen their overall well-being and ministry. Their services extend beyond Columbia, reaching clients in Indonesia and offering assistance over the internet as well. With a team of 11 dedicated professionals, Valeo Inc plays a crucial role in enabling global workers to thrive in their missions.
Official website here: www.valeo.global
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Star Rating)
Valeo Inc has achieved an 83% rating from Charity Navigator, earning a three-star designation. This score indicates a solid performance in accountability and finance, reflecting strong governance practices, including 100% independent board members, and comprehensive financial oversight. The organization has also demonstrated compliance with essential policies, which enhances its credibility and trustworthiness.
Strengths include a high percentage of program expenses, indicating that a significant portion of its funds is directed toward its core mission. The charity has effectively implemented important governance policies such as conflict of interest and whistleblower policies, contributing to its transparency and ethical standards. The low liabilities to assets ratio further suggests strong financial health, allowing the organization to operate effectively without over-reliance on debt.
However, the program expense ratio of 59.97% may indicate that there is room for improvement in maximizing the funds allocated directly to programs versus administrative costs. While Valeo Inc exhibits strong accountability measures, enhancing the direct impact of its spending could further bolster its effectiveness and overall rating.
This AI summary has been generated from information found on Charity Navigator.
Is Valeo Inc legitimate?
Valeo Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Valeo Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $90,591
Professional Fundraising Fees: $0
Other Salaries and Wages: $391,081
For more financial information, click here
Official website here: www.valeo.global
What is the mission statement of Valeo Inc?
Valeo Inc is committed to enabling global workers to thrive. The organization exclusively serves individuals who are sent to minister cross-culturally by providing preventative and restorative care to strengthen their well-being and ministry. Through debriefing, spiritual direction, counseling, psychiatric care, check-ups, and consulting, Valeo Inc focuses on developing emotional, relational, and spiritual health in its clients, which include global workers, their families, sending churches, and organizations. The services are delivered in various locations, including Columbia, South Carolina, Indonesia, and over the internet.
Official website here: www.valeo.global
Who is the CEO of Valeo Inc?
Curtis Mcgown is the President of Valeo Inc.
Official website here: www.valeo.global
What is the revenue of Valeo Inc?
Valeo Inc's revenue in 2022 was $838,296.
Official website here: www.valeo.global
Who are the executives of Valeo Inc and what are their salaries?
The average compensation at Valeo Inc during 2022 was $43,788. There are 11 employees and 10 volunteers at Valeo Inc.
Here are 7 key members and their salaries:
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- Compensation: $90,591
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Official website here: www.valeo.global
Where can I find the form 990 for Valeo Inc?
Valeo Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.valeo.global
Learn more at the official website: www.valeo.global
Mission Statement of Valeo Inc
Valeo Inc, a dedicated organization, is committed to empowering global workers to thrive. Exclusively serving individuals sent to minister cross-culturally, Valeo Inc provides preventative and restorative care to strengthen their well-being and ministry. Through debriefing, spiritual direction, counseling, psychiatric care, check-ups, and consulting, Valeo Inc works to develop emotional, relational, and spiritual health in its clients. These clients primarily include global workers and their families, sending churches, and organizations responsible for their deployment. The organization's services are delivered in various locations, including Columbia, South Carolina, Indonesia, and over the internet.
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Impact
July, 2024
Valeo Inc's impact is focused on enabling global workers to thrive by providing preventative and restorative care to strengthen their well-being and ministry. They offer services such as debriefing, spiritual direction, counseling, psychiatric care, check-ups, and consulting to clients including global workers and their families, sending churches, and sending organizations. Operating in Columbia, South Carolina, Indonesia, and online, Valeo aims to develop emotional, relational, and spiritual health in their clients. They play a crucial role in supporting those involved in cross-cultural ministry by addressing their mental, emotional, and spiritual needs.
This information is meant to be a general summary of Valeo Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $79
- Program Service Revenue: $395,829
- Gross Receipts: $838,296
Assets and Liabilities:
- Total Assets: $728,193
- Total Liabilities: $257,553
- Net Assets: $470,640
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
COUNSELING FEES
Revenue
$395,829
Organization Details
Founding Year
1994
Phone
(803) 744-0841Principal Officer
Curtis Mcgown
Main Address
7520 MONTICELLO ROAD, CLUMBIA, SC, 29203
Website
www.valeo.globalNTEE Category
Code: X99 - Religion related
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