Transparency you can hold us to.

2026 — Our founding year

VAF was formed on August 18, 2026 as a California nonprofit public benefit corporation. Our founding priorities are:

• Complete IRS 501(c)(3) application and California FTB 3500A exemption
• Adopt bylaws, conflict-of-interest policy, and gift acceptance policy
• Launch the first three Learn, Play, and Steward programs
• Publish the first annual impact report and financials

Governance documents

• Articles of Incorporation — filed August 18, 2026 (Entity No. B20260362988)
• Statement of Information (SI-100) — filed August 18, 2026 · next due 2028
• Bylaws — adopted 2026 (available on request)
• Conflict of Interest Policy — adopted 2026 (available on request)
• IRS Form 1023 / 1023-EZ — pending review
• California FTB Form 3500A — filed following IRS determination
• Charitable Trust Registration (AG Form CT-1) — filed within 30 days of first assets received

Annual filings we commit to publishing

• IRS Form 990-N or 990-EZ (federal)
• California FTB Form 199 (state exempt organizations)
• California Attorney General Form RRF-1 (charitable registration renewal)
• Annual impact report — served families, program hours, service-day counts, gear placed

Where dollars go

Our founding budget model is designed to keep program expense above 85% of total spending. Because the board serves as volunteers and we operate without paid staff, overhead is limited to:

• Insurance (general liability, D&O)
• State and federal filing fees
• Payment processing fees
• Website and email hosting