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Washington · Nonprofit

VALEO VOCATION

VALEO VOCATION (Washington) receives grants from 13 organizations whose IRS filings report $1,011,059 to it, the largest being PACIFIC MOUNTAIN WORKFORCE DEVELOPMENT COUNCIL ($524,885). 6 of them have funded it in more than one year.

Revenue FY2025
$6.6M
Funders on record
13
Grants received
$1.0M
Net assets
$4.2M
6/13 repeat funderspeak grant-dependency 6%
01What it does

What Valeo Vocation does

Mission

Valeos purpose is to use employment as a tool to end homelessness for participants by providing transitional jobs subsidized employment vocational training comprehensive case management financial counseling career navigation and support services.

As stated on its FY2025 Form 990.

Programs

  1. Workforce Housing & Shelter Operations: Managed multiple workforce shelter and housing sites including enhancing the Calyx Communities model. Upgraded the MLK site to accommodate 30 seasonal shelter participants and progressed with the development of the Altheimer site for couples housing. Continued overseeing shelter contracts in Olympia and Pierce County providing stable housing with comprehensive workforce support. In total Valeo assisted 1131 participants across our shelter programs. Workforce Development & Employment Services: Offered transitional and supported employment to 1024 individuals including 990 new participants in 2025. Of these 74% were unhoused upon intake 38% had justice involvement and 34% were managing behavioral health concerns. Re-Entry Services Pathways to Progress-PTP: Expanded Valeos inaugural specialized re-entry program in collaboration with Pierce County District Court. This program furnishes workforce and housing assistance to justice-impacted individuals engaged with the district court aiding 50 individuals through our innovative WorkCrew Program. Social Enterprise Development SED: Broadened commercial and nonprofit staffing operations yielding over…

    $5,545,347 spentof which $31,474 as grants$2,176,353 earned by the program
    100% of program spending
  2. Not described on the e-filed return.

    $0 spent
    0% of program spending
  3. Not described on the e-filed return.

    $0 spent
    0% of program spending
  4. Other program services, not described on the e-filed return.

    $0 spent
    0% of program spending

The 4 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $5,545,347.

02The organization over time

The organization over time

Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20202020 Revenue 100 ($1.6M) Expenses 100 ($1.7M) Net assets -40 ($-42546)2021 Revenue 185 ($3.0M) Expenses 172 ($2.8M) Net assets 100 ($107k)2022 Revenue 342 ($5.5M) Expenses 296 ($4.9M) Net assets 721 ($771k)2023 Revenue 499 ($8.1M) Expenses 327 ($5.4M) Net assets 3186 ($3.4M)2024 Revenue 453 ($7.3M) Expenses 362 ($6.0M) Net assets 4333 ($4.6M)2025 Revenue 410 ($6.6M) Expenses 404 ($6.7M) Net assets 3911 ($4.2M)
202020212022202320242025
Revenue (410)Expenses (404)Net assets (3911)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $1.8M to $5.8M (+233%).

$201k
$338k
$1.8M
$5.8M
$5.7M
$5.6M
202020212022202320242025
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2020 27% · 2021 19% · 2022 30% · 2023 60% · 2024 63% · 2025 62%. Grants only. Government contracts and fees sit inside program revenue.

67% of VALEO VOCATION’s revenue is contributions — more donation-reliant than the typical peer (16% for the typical peer).

This organization
Typical peer · 1,617 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 6 reported years ran a deficit.

−$38k
’20
$149k
’21
$633k
’22
$2.7M
’23
$1.3M
’24
−$60k
’25
0.4
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Sherri Jensen

Executive Director

As listed on its FY2025 Form 990.

202020212022202320242025
Listed558785
Joined·+0+3+0+1+0
No longer listed·00103
03Who funds it

Who funds it, year by year

2019 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $40k → $404k.

2 of 13 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 6% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of VALEO VOCATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

VALEO VOCATION leans on a few funders — its largest provides 52% of grant income and the top three 89%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

92% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund VALEO VOCATION.

52%
largest funder
89%
top three
~3
effective funders

Largest funder’s share by year: 2019 100% · 2020 50% · 2021 56% · 2022 42% · 2023 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

50% of VALEO VOCATION's funders are still giving 2 years after their first grant; 46% give in more than one year at all.

first grant+1y+2y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

63% of VALEO VOCATION's grant income comes from Washington funders.

WA
MN
CA
VA
DE

In-state vs out-of-state, by year

’19
’20
’21
’22
’23
Washington out of state home

Funder states come from each funder’s own filing. $63k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

VALEO VOCATION has grown faster than three-quarters of the 1,012 employment nonprofits its size.

Operating margin−1% · bottom quartile
Months of reserve0.4mo · bottom quartile
Revenue growth (annualized)33% · top quartile

this organization peer median middle 50% of peers· 1,012 employment nonprofits $1M–$10M, FY2025

Organizations like VALEO VOCATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Washington

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

83% of spending goes to programs.

Program 83%Management 15%Fundraising 2%

Governance

4
board members
75%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990–Audited financials

Public support

73%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

WA

Screen this organization

A dated, signed PDF of the compliance screen for VALEO VOCATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds VALEO VOCATION?
VALEO VOCATION (Washington) receives grants from 13 organizations whose IRS filings report $1,011,059 to it, the largest being PACIFIC MOUNTAIN WORKFORCE DEVELOPMENT COUNCIL ($524,885). 6 of them have funded it in more than one year.
How many funders does VALEO VOCATION have?
IRS filings report 13 organizations giving $1,011,059 in grants to VALEO VOCATION, 6 of which have funded it in more than one year.
Who is the largest funder of VALEO VOCATION?
PACIFIC MOUNTAIN WORKFORCE DEVELOPMENT COUNCIL is the largest funder on record, with $524,885 in grants. The full list of funders is on this page.
How can an organization like VALEO VOCATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Washington. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Valeo Vocation →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2020–2025), and the filings of 13 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing