James G And Marcia H Valeo

Santa Monica, CA
Tax-exempt since Feb. 1987
EIN: 95-4072056

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Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Donations to this organization are tax deductible.

Revenue

$27k (2025)

Expenses

$18.2k (2025)

Total Assets

$90.7k (2025)

Total Liabilities

$0 (2025)

Source: Form 990 tax filings from 2011 to 2025

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Aug.
2025

Revenue

$27,003

Expenses

$18,219

Net Income

$8,784

Net Assets

$90,726

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$3,014	11.2%
Sales of Assets	$23,989	88.8%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$16,333	89.6%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$90,726
Total Liabilities	$0
Net Assets	$90,726

Compensation

Key Employees and Officers	Compensation	Other
James G Valeo (President)	$0	$0
Thomas Valeo (Investment Advisor)	$0	$0
Michael Valeo (Financial Officer)	$0	$0

990-PF

Filed on Dec. 18, 2025

Primary tax return for a private foundation's activities, finances, and governance

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XML

Fiscal Year Ending Aug.
2024

Revenue

$36,714

Expenses

$19,477

Net Income

$17,237

Net Assets

$79,419

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$1,558	4.2%
Sales of Assets	$35,156	95.8%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$18,241	93.7%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$79,419
Total Liabilities	$0
Net Assets	$79,419

Compensation

Key Employees and Officers	Compensation	Other
James G Valeo (President)	$0	$0
Thomas Valeo (Investment Advisor)	$0	$0
Michael Valeo (Financial Officer)	$0	$0

990-PF

Filed on Jan. 14, 2025

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

XML

Fiscal Year Ending Aug.
2023

Revenue

$5,966

Expenses

$12,673

Net Income

-$6,707

Net Assets

$62,182

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$1,623	27.2%
Sales of Assets	$4,343	72.8%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$10,795	85.2%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$62,182
Total Liabilities	$0
Net Assets	$62,182

Compensation

Key Employees and Officers	Compensation	Other
James G Valeo (President)	$0	$0
Marcia Valeo (Secretary)	$0	$0
Thomas Valeo (Financial Officer)	$0	$0

990-PF

Filed on Jan. 16, 2024

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

PDF XML

Fiscal Year Ending Aug.
2022

Revenue

$12,671

Expenses

$33,591

Net Income

-$20,920

Net Assets

$68,947

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$1,773	14.0%
Sales of Assets	$10,898	86.0%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$31,500	93.8%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$68,947
Total Liabilities	$0
Net Assets	$68,947

Compensation

Key Employees and Officers	Compensation	Other
James G Valeo (President)	$0	$0
Marcia Valeo (Secretary)	$0	$0
Thomas Valeo (Financial Officer)	$0	$0

990-PF

Filed on Nov. 14, 2022

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

PDF XML

Fiscal Year Ending Aug.
2021

Revenue

$23,855

Expenses

$28,206

Net Income

-$4,351

Net Assets

$89,877

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$2,512	10.5%
Sales of Assets	$21,343	89.5%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$27,050	95.9%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$89,877
Total Liabilities	$0
Net Assets	$89,877

Compensation

Key Employees and Officers	Compensation	Other
James G Valeo (President)	$0	$0
Marcia Valeo (Secretary)	$0	$0
Thomas Valeo (Financial Officer)	$0	$0

990-PF

Filed on Dec. 13, 2021

Primary tax return for a private foundation's activities, finances, and governance

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XML

Fiscal Year Ending Aug.
2020

Revenue

$12,942

Expenses

$25,522

Net Income

-$12,580

Net Assets

$94,227

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$2,825	21.8%
Sales of Assets	$10,117	78.2%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$24,362	95.5%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$94,228
Total Liabilities	$1
Net Assets	$94,227

Compensation

Key Employees and Officers	Compensation	Other
James G Valeo (President)	$0	$0
Marcia Valeo (Secretary)	$0	$0
Thomas Valeo (Financial Officer)	$0	$0

990-PF

Filed on Dec. 17, 2020

Primary tax return for a private foundation's activities, finances, and governance

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XML

Fiscal Year Ending Aug.
2019

Revenue

-$4,446

Expenses

$25,438

Net Income

-$29,884

Net Assets

$106,807

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$3,000
Interest Revenue	$0
Dividends	$3,735
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$25,285	99.4%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$106,808
Total Liabilities	$1
Net Assets	$106,807

Compensation

Key Employees and Officers	Compensation	Other
James G Valeo (President)	$0	$0
Marcia Valeo (Secretary)	$0	$0
Thomas Valeo (Financial Officer)	$0	$0

990-PF

Filed on July 9, 2020

Primary tax return for a private foundation's activities, finances, and governance

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PDF XML

Fiscal Year Ending Aug.
2018

Revenue

$13,425

Expenses

$29,761

Net Income

-$16,336

Net Assets

$136,692

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$5,001	37.3%
Sales of Assets	$8,424	62.7%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$28,251	94.9%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$144,227
Total Liabilities	$7,535
Net Assets	$136,692

Compensation

Key Employees and Officers	Compensation	Other
James G Valeo (President)	$0	$0
Marcia Valeo (Secretary)	$0	$0
Thomas Valeo (Financial Officer)	$0	$0

990-PF

Filed on July 9, 2019

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

PDF XML

Fiscal Year Ending Aug.
2017

Revenue

$5,914

Expenses

$16,774

Net Income

-$10,860

Net Assets

$153,797

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$4,588	77.6%
Sales of Assets	$1,326	22.4%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$15,610	93.1%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$153,797
Total Liabilities	$0
Net Assets	$153,797

Compensation

Key Employees and Officers	Compensation	Other
James G Valeo (President)	$0	$0
Marcia Valeo (Secretary)	$0	$0
Thomas Valeo (Financial Officer)	$0	$0

990-PF

Filed on Jan. 9, 2018

Primary tax return for a private foundation's activities, finances, and governance

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XML

Fiscal Year Ending Aug.
2016

Revenue

$12,806

Expenses

$25,441

Net Income

-$12,635

Net Assets

$164,657

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$4,414	34.5%
Sales of Assets	$8,392	65.5%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$24,420	96.0%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$164,657
Total Liabilities	$0
Net Assets	$164,657

Compensation

Key Employees and Officers	Compensation	Other
James G Valeo (President)	$0	$0
Marcia Valeo (Secretary)	$0	$0
Thomas Valeo (Financial Officer)	$0	$0

990-PF

Filed on Jan. 16, 2017

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Aug.
2015

Revenue

$1,356

Expenses

$20,409

Net Income

-$19,053

Net Assets

$177,292

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$4,300	> 100%
Sales of Assets	-$2,944
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$18,880	92.5%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$177,292
Total Liabilities	$0
Net Assets	$177,292

Compensation

Key Employees and Officers	Compensation	Other
James G Valeo (President)	$0	$0
Marcia Valeo (Secretary)	$0	$0
Thomas Valeo (Financial Officer)	$0	$0

990-PF

Filed on Dec. 21, 2015

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Aug.
2014

Revenue

$25,047

Expenses

$21,584

Net Income

$3,463

Net Assets

$196,345

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$18,123	72.4%
Sales of Assets	$6,924	27.6%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$19,635	91.0%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$196,345
Total Liabilities	$0
Net Assets	$196,345

Compensation

Key Employees and Officers	Compensation	Other
James G Valeo (President)	$0	$0
Marcia Valeo (Secretary)	$0	$0
Thomas Valeo (Financial Officer)	$0	$0

990-PF

Filed on Jan. 12, 2015

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

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Fiscal Year Ending Aug.
2013

Revenue

$42,096

Expenses

$17,942

Net Income

$24,154

Net Assets

$192,882

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$5,354	12.7%
Sales of Assets	$36,742	87.3%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$16,815	93.7%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$192,882
Total Liabilities	$0
Net Assets	$192,882

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Aug.
2012

Revenue

-$26,823

Expenses

$21,124

Net Income

-$47,947

Net Assets

$168,728

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$6,761
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$19,756	93.5%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$168,728
Total Liabilities	$0
Net Assets	$168,728

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Aug.
2011

Revenue

$22,181

Expenses

$17,565

Net Income

$4,616

Net Assets

$216,675

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$6,812	30.7%
Sales of Assets	$15,369	69.3%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$15,895	90.5%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$245,197
Total Liabilities	$28,522
Net Assets	$216,675

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

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James G And Marcia H Valeo

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $27k (2025)

Expenses $18.2k (2025)

Total Assets $90.7k (2025)

Total Liabilities $0 (2025)

Tax Filings by Year

Fiscal Year Ending Aug. 2025

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Aug. 2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Aug. 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Aug. 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Aug. 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Aug. 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Aug. 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Aug. 2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Aug. 2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Aug. 2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Aug. 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Aug. 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

Revenue

$27k (2025)

Expenses

$18.2k (2025)

Total Assets

$90.7k (2025)

Total Liabilities

$0 (2025)

Fiscal Year Ending Aug.
2025

Fiscal Year Ending Aug.
2024

Fiscal Year Ending Aug.
2023

Fiscal Year Ending Aug.
2022

Fiscal Year Ending Aug.
2021

Fiscal Year Ending Aug.
2020

Fiscal Year Ending Aug.
2019

Fiscal Year Ending Aug.
2018

Fiscal Year Ending Aug.
2017

Fiscal Year Ending Aug.
2016

Fiscal Year Ending Aug.
2015

Fiscal Year Ending Aug.
2014

Fiscal Year Ending Aug.
2013

Fiscal Year Ending Aug.
2012

Fiscal Year Ending Aug.
2011

Fiscal Year Ending Aug.
2010

Fiscal Year Ending Aug.
2009

Fiscal Year Ending Aug.
2008

Fiscal Year Ending Aug.
2007

Fiscal Year Ending Aug.
2006

Fiscal Year Ending Aug.
2005

Fiscal Year Ending Aug.
2004

Fiscal Year Ending Aug.
2003

Fiscal Year Ending Aug.
2002

Fiscal Year Ending Aug.
2001