VENTURE FOUNDATION LTD (EIN 133212023) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1983

Legal Domicile

Phone

8455809380

Tax Period

2023-01-01 to 2023-12-31

VENTURE FOUNDATION LTD, founded in 1983, is a small nonprofit that reported $360K in total revenue in fiscal year 2023. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $509K exceeded revenue, resulting in a 41% operating deficit.

Mission

VENTURE FOUNDATION IS A NOT-FOR-PROFIT WHOSE PRIMARY PURPOSE IS TO SOLICIT AND DISBURSE FUNDS IN SUPPORT OF INDIVIDUALS WITH DEVELOPMENTAL DISIBILITIES, OWN PROPERTY AND ACT AS CONSERVATOR OR GUARDIANS OF INDIVIDUALS WITH DEVELOPMENTAL DISIBILITIES

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $335,221

Program Service Revenue $0

Investment Income $10,080

Other Revenue $14,766

TOTAL REVENUE $360,067

Expense Breakdown

Grants Paid $44,576

Salaries & Benefits $342,263

Fundraising Expenses $169,863

Program Expenses $223,291

Other Expenses $121,910

TOTAL EXPENSES $508,749

Year-over-Year Comparison

	2023	2022	Change
Revenue	$360,067	$315,930	+0.1%
Expenses	$508,749	$2,242,956	-0.8%
Net Income	$-148,682	$-1,927,026	-0.9%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$120,766

Total Directors

$120,766

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
William W Schule	Executive Dir.	40.00	Officer Director	$120,766	$0	$120,766
Joseph Condon	President	1.00	Officer Director	$0	$0	$0
Kevin Lynch	Director	1.00	Director	$0	$0	$0
Denis Harte	Treasurer	1.00	Officer Director	$0	$0	$0
Jeffrey Johnston	Secretary	1.00	Officer Director	$0	$0	$0
Amy Piperato	Board Member	1.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2023	$360,067	$508,749	$476,934	$-148,682
2022	$315,930	$2,242,956	$634,471	$-1,927,026
2021	$1,026,205	$618,025	$2,772,078	$408,180
2020	$542,311	$629,294	$2,258,510	$-86,983
2019	$836,065	$499,052	$2,319,372	$337,013
2018	$460,535	$511,999	$1,859,020	$-51,464

VENTURE FOUNDATION LTD