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Vtc Enterprises

Santa Maria, CA · EIN 95-2690539 · 501(c)(3) · Publicly supported organization (509(a)(2))
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Vtc Enterprises reported $18.7 million in revenue and $17.4 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $91.44 went to program services, $8.20 to management and general costs and $0.36 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 93.8% of the total. The highest compensation it reported for one person was $204,700 (CEO). 4 people received more than $100,000 in reportable compensation. Revenue rose 73% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $17M

For context, the median across 409 covered employment charities: $88.97 programs, $11.03 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $19M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 409 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
91.4%88.0%
Management & general
Part IX 25(C) ÷ 25(A)
8.2%10.9%
Fundraising
Part IX 25(D) ÷ 25(A)
0.4%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.11$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
3.1%22.8%
Government grants share of revenue
Part VIII 1e ÷ 12
2.7%1.4%
Program service revenue share
Part VIII 2g ÷ 12
93.8%62.6%
Highest reported compensation
Part VII-A, columns D–F
$204,700$297,435
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.17%1.26%
People paid over $100,000
Part VII, line 2
46
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
12.88.1
Independent voting board members
Part VI 1a–1b
13 of 13100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$16M expenses · 100.0% of program spending · revenue $18M

2024-2025 Fiscal Year AccomplishmentsThe most significant accomplishment during the 24-25 fiscal year was our merger with LOVARC in February 2025. As a result of this merger, we have become the largest direct employer of individuals with disabilities on Californias Central Coast. Serving a wide regionfrom Camp Roberts in the northern part of San Luis Obispo County to the Joint Forces Training Base in Orange County in the southwe now provide employment opportunities to individuals with disabilities through our five diverse business operations and three state and five federal…

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
CEO
Listed in Part VII, 40.00 hrs/week
$197,921$0$6,779$204,700
COO
Listed in Part VII, 40.00 hrs/week
$139,047$0$4,899$143,946
Dir Grounds/Maint
Listed in Part VII, 40.00 hrs/week
$134,071$0$4,635$138,706
NBVC Project Mgr.
Listed in Part VII, 40.00 hrs/week
$108,299$0$3,439$111,738

4 people received more than $100,000 in reportable compensation from Vtc Enterprises (Part VII, line 2). Compensation of current officers, directors and key employees totaled $211K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$5.0M$10M$15M$20MFY2020FY2021FY2022FY2023FY2024FY2025$19M$17M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$19M$17M91.4%$19M$204,700
FY2024 ⓘ$13M$13M90.9%$15M$164,001
FY2023 ⓘ$11M$11M90.2%$14M$159,284
FY2022 ⓘ$11M$11M90.5%$13M$158,514
FY2021 ⓘ$13M$11M90.1%$15M$155,019
FY2020 ⓘ$11M$11M91.1%$12M$144,932

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b13 · 13 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5279
  • Volunteers Part I, line 617

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
HighCraft Builders Inc
Construction
$117,797

Individuals listed as contractors are left out. 1 contractors were paid more than $100,000 in all.

Private foundation grants it received

1 private foundation reported grants to Vtc Enterprises totaling $189 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Vtc Enterprises's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Vtc Enterprises, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All employment charities · Largest charities in California

Questions people ask

How much of Vtc Enterprises's spending goes to programs?

In the fiscal year ending June 30, 2025, Vtc Enterprises reported that 91.4% of its $17.4 million in expenses went to program services, 8.2% to management and general and 0.4% to fundraising (Form 990, Part IX).

How much does Vtc Enterprises pay its top executive?

The largest total compensation Vtc Enterprises reported for one person in the fiscal year ending June 30, 2025 was $204,700, for the role of CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Vtc Enterprises get its money?

Of $18.7 million in revenue in the fiscal year ending June 30, 2025, 3.1% came from contributions and grants (including 2.7% from government grants) and 93.8% from program service revenue (Form 990, Part VIII).

Is Vtc Enterprises a registered charity?

The IRS lists EIN 95-2690539 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202631319349302918 · read the filing
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202501159349302115 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202401309349304390 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202321109349301862 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202240969349301019 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202130699349301303 · read the filing

All filings for EIN 95-2690539: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.