2023-08-12T13:25:16-07:00 2022-12-31 990 2022-01-01 260825700 JOSE VALDES MATH FOUNDATION JOSE 4082178673 25 North 14th Street Suite 900 San Jose CA 95112 Robert Escobar Officer 4087588831 2023-07-31 1 1 11 1 AAL2 2022 2023-04-26 12:10:37Z X Robert Escobar 25 North 14th Suite 900 San Jose CA 95112 493540 0 X www.josevaldesmath.org X 2007 CA The mission of the Jose Valdes Math Institute is to provide comprehensive math education to middle school and high school students particularly the math under-represented within our community. 8 8 2 10 240 240 0 0 489855 493300 194 240 0 0 490049 493540 0 0 0 0 148074 155844 0 3427 3427 261117 255386 409191 414657 80858 78883 144050 244244 7514 28825 136536 215419 Teaching math to the underprivileged youth of the San Jose metropolitan area 0 0 305201 493300 Expenses associated with program services represent cost of the institute, tutoring cost and teacher training. 0 0 0 305201 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 40 0 1 2 1 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 1 1 0 CA X Jose Valdes Math Foundation 4087588831 25 North 14th Street Suite 900 San Jose CA 95112 Marcos Herrera President 5 X 0 0 0 Cheryl Lawton Vice President 5 X 0 0 0 Kate Valdes Board Member 5 X 0 0 0 Marisa Gaska Board Member 5 X 0 0 0 Maria A Bravo Board Member 5 X 0 0 0 Gaspar Models Howard Board Member 5 X 0 0 0 James Prietto Board Member 5 X 0 0 0 Jose Castellon Board Member 5 X 0 0 0 0 0 0 0 0 0 0 0 0 Tutoring 923110 493300 493300 0 0 0 0 0 0 493300 240 0 240 0 0 0 0 0 0 0 0 0 0 0 0 0 0 493540 493300 240 0 144894 94896 49998 10950 7125 3825 1110 1110 6405 0 6405 3427 3427 14077 0 14077 7377 0 7377 14392 0 14392 0 0 Program expenses 212025 203180 8845 0 414657 305201 106029 3427 142808 196252 1242 28000 19992 144050 244244 7514 19996 8829 7514 28825 X 136536 215419 0 0 136536 215419 144050 244244 78883 0 0 0 0 0 X 0 1 X 1 0 X 363165 348412 312923 398323 426038 1848861 131654 91533 67263 290450 363165 348412 444577 489856 493301 2139311 2139311 193 240 433 0 0 0 193 240 433 363165 348412 444577 490049 493541 2139744 0.99980 0.9997 0.00020 0.0002 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 Accrued PTO 8829 8829 X Schedule D, Part X, Line 2 Payroll taxes liabilities from last payroll. Form 990, Part VI, Section B, Line 11b The 990 is provided to all Board members and reviewed at the Board Meeting and approved in the minutes. Form 990, Part VI, Section B, Line 12c Yes, this was an action item for the Board Form 990, Part VI, Section B, Line 15 The José Valdés Math Foundation has as its primary objective to provide a reasonable and competitive total compensation opportunity to employees consistent with market-based compensation practices for individuals possessing the experience and skills needed to improve the overall performance of the Organization. The Organization's compensation program is designed to: Encourage the attraction and retention of high-caliber executives and employees. Provide a competitive total compensation package, including benefits. Reinforce the goals of the Organization by supporting teamwork and collaboration. Ensure that pay is perceived to be fair, reasonable, and equitable. Be flexible to reward individual accomplishments as well as organization success. Balance the need to be competitive with the limits of available financial resources. Ensure that compensation complies with state and federal laws and regulations. The José Valdés Math Foundation shall be focused on comparable nonprofit organizations in the San Jose Metropolitan area to benchmark pay, we also understand that the market for talent at both the general and executive levels may be broader than this group. Market information from two additional market segments, private foundations, and published not-for-profit compensation surveys may be used as supplements. In addition, The José Valdés Math Foundation may also collect other published survey data, when appropriate, including for-profit organizations for specific functional competencies such as finance, specific technology and human resources professions. Together with this data from the comparable local organizations, data from these market segments are used to form a "market composite" to assess the competitiveness, fairness and appropriateness of compensation paid by The José Valdés Math Foundation to its executives and other employees. In general, The José Valdés Math Foundation positions total compensation, including benefits, within the range of the market. The José Valdés Math Foundation attempts to be flexible within this range so that compensation can be above or below the median based on experience, performance, and business need to attract and retain specific talent. The José Valdés Math Foundation's compensation strategy and implementation is administered by the Board of Directors, which may create a compensation committee from time to time to which these duties may be delegated. The Board or committee is responsible for establishing and maintaining a competitive compensation program for the organization and coordinating an annual review by an independent consulting firm (or an internal determination) to evaluate the Organization's executive compensation against the competitive market. The evaluation is then reviewed to ensure that the compensation levels set by the Board of Directors falls within a reasonable range of competitive practices for comparable positions amount similarly situated nonprofit, tax-exempt organizations. Following this review, the Board or committee approves, for officers, base salaries and annual incentive opportunity adjustments (if any), and objectives and goals for the upcoming year. The Board then is presented with salaries for approval at the first available meeting of the Board, at which time salaries are set based on the parameters of this policy. Form 990, Part VI, Section C, Line 19 The documents were not made available