THE VALERIE FUND Charity Report

Public IRS 990 nonprofit record

THE VALERIE FUND

EIN 22-2126867

What they do

THE VALERIE FUND is A 501(C)3 NOT for PROFIT ORGANIZATION ESTABLISHED ON 1976 IN MEMORY of NINE YEAR OLD VALERIE GOLDSTEIN BY HER PARENTS, ED and SUE. THE VALERIE FUNDS MISSION is to PROVIDE SUPPORT for THE COMPREHENSIVE HEALTHCARE of CHILDREN WITH CANCER and BLOOD DISORDERS. FAMILIES TURN to THE VALERIE FUND BECAUSE of THE UNIQUE COMBINATION of MEDICAL CARE, COUNSELING, and OTHER SERVICES IT PROVIDES. THE VALERIE FUND CHILDRENS CENTERS COMPRISE THE LARGEST NETWORK of HEALTHCARE FACILITIES for CHILDREN WITH CANCER and BLOOD DISORDERS IN NEW JERSEY, and ONE of THE LARGEST IN THE NATION. THE EIGHT CENTERS HOST APPROXIMATELY 31,000 PATIENT VISITS EACH YEAR.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $86.90 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders22 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

68.56%of revenue went to mission work86.9% of expenses · Program services

8.14%of revenue went to fundraising10.3% of expenses

$78.92spent for every $100 of revenueRevenue covered expenses this year.

2.22%of revenue went to management and office costs2.8% of expenses

$2.98in assets for every $1 spent this yearSome assets cannot be spent right away.

93.2%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $228,947 for BARRY KIRSCHNER (EXECUTIVE DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$9,029,743

Mission workProgram services$6,190,62968.56% of revenue86.9% of expenses

ManagementOffice and general costs$200,2582.22% of revenue2.8% of expenses

FundraisingAsking for donations$734,9618.14% of revenue10.3% of expenses

Revenue left after expensesReported annual surplus$1,903,89521.08% of revenueShown in gray on the chart

Total expenses$7,125,84878.92% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 86.9% mission · 2.8% management · 10.3% fundraisingTotal expenses: 78.92% of revenue

2023Expense mix: 85.3% mission · 3.3% management · 11.4% fundraisingTotal expenses: 68.98% of revenue

2022Expense mix: 88.5% mission · 2.1% management · 9.4% fundraisingTotal expenses: 106.34% of revenue

2021Expense mix: 82.6% mission · 2.9% management · 14.5% fundraisingTotal expenses: 58.49% of revenue

2020Expense mix: 83.7% mission · 2.6% management · 13.6% fundraisingTotal expenses: 109.70% of revenue

2019Expense mix: 84.2% mission · 2.5% management · 13.2% fundraisingTotal expenses: 108.41% of revenue

2018Expense mix: 83.3% mission · 3.0% management · 13.7% fundraisingTotal expenses: 80.78% of revenue

2017Expense mix: 80.1% mission · 3.4% management · 16.5% fundraisingTotal expenses: 96.37% of revenue

Money in and money out

Revenue$9,029,743

Expenses$7,125,848

Annual surplus $1,903,895 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$6,190,629 · 86.9% of expenses

Management and office costs$200,258 · 2.8% of expenses

Fundraising$734,961 · 10.3% of expenses

See all reported dollar amounts

Revenue$9,029,743

Expenses$7,125,848

Assets$21,231,838

Income$11,322,034

Contributions$8,419,519

Mission work (program services)$6,190,629

Fundraising$734,961

Grants given$26,004,259

Average grant$440,750

Management and general$200,258

Stocks and bonds$15,955,003

Accounting fees$27,500

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

BARRY KIRSCHNEREXECUTIVE DIRECTOR · 40 hrs/week $228,947Base $203,793 · Other $25,154

LORI ABRAMSDIRECTOR OF DEVELOPMENT · 40 hrs/week $206,144Base $189,189 · Other $16,955

BERNICE FLANDERSDIRECTOR OF MARKETING AND · 40 hrs/week $196,260Base $179,575 · Other $16,685

EGDA VELOZDIRECTOR OF FINANCE · 10 hrs/week $61,204

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (22)

BARRY KIRSCHNEREXECUTIVE DIRECTOR

LORI ABRAMSDIRECTOR OF DEVELOPMENT

BERNICE FLANDERSDIRECTOR OF MARKETING AND

EGDA VELOZDIRECTOR OF FINANCE

STEPHEN SQUERITRUSTEE

SHARON WEINTRAUBTRUSTEE

ROSS SILVERTRUSTEE

NEIL YARISCHAIR

NEIL MEHTATRUSTEE

MERRIE BERNSTEINTRUSTEE

MATT DENICHILOTRUSTEE

JULIE RUBINSTEINTRUSTEE

JUDITH SCHUMACHER-TILTONTRUSTEE

JOSEPH M CYRIACTRUSTEE

JC UVAVICE CHAIR

JANET KEATINGTRUSTEE

HARRIET GREENHOLTZTRUSTEE

DOMINIC DIBARITRUSTEE

DAVID NOVAKTRUSTEE

CHRIS JOHNSONTRUSTEE

CARA LEWISTRUSTEE

BRIAN FUHRO ESQTREASURER

About this charity

Recognized since: January 1979
Location: 2101 MILLBURN AVENUE, MAPLEWOOD, NJ 07040
County: Essex
In care of: BARRY KIRSCHNER
Primary officer: BARRY KIRSCHNER, EXECUTIVE DIRECTOR

How to reach them

WebsiteVisit the charity’s website Phone(973) 761-0422

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: DORFMAN ABRAMS MUSIC LLC
Grant-giving organization: Yes