VENTURE JOBS FOUNDATION INC

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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

2010

Legal Domicile

Principal Officer

KENNETH H MARIENAU

Phone

5853489794

Tax Period

2023-01-01 to 2023-12-31

VENTURE JOBS FOUNDATION INC, founded in 2010, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $346K in total revenue in fiscal year 2023. Expenses of $327K left a modest 5% surplus.

Mission

TO INVEST IN BUSINESSES THAT HAVE THE POTENTIAL TO CREATE NEW JOB OPPORTUNITIES IN WESTERN AND CENTRAL NEW YORK.

Program Service Accomplishments

Program 1

Expenses: $308,908 Revenue: $4,746

TO INVEST IN BUSINESSES THAT HAVE THE POTENTIAL TO CREATE NEW JOB OPPORTUNITIES IN WESTERN AND CENTRAL NEW YORK.

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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 $335,953

Program Service Revenue $4,746

Investment Income $4,881

Other Revenue $0

TOTAL REVENUE $345,580

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $308,908

Other Expenses $327,398

TOTAL EXPENSES $327,398

Year-over-Year Comparison

	2023	2022	Change
Revenue	$345,580	N/A	N/A
Expenses	$327,398	N/A	N/A
Net Income	$18,182	$0	N/A

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MOHAMMAD MO AHAMED	DIRECTOR	1.00	Director	$0	$0	$0
RACHEL BAKER	DIRECTOR	1.00	Director	$0	$0	$0
LAWRENCE N CHESSIN MD	DIRECTOR	1.00	Director	$0	$0	$0
RALPH DANDREA	DIRECTOR	1.00	Director	$0	$0	$0
DENNIS M DELEO ESQ	PRESIDENT	30.00	Director	$0	$0	$0
CALVIN EATON	DIRECTOR	30.00	Officer Director	$0	$0	$0
STEVEN GERSZ ESQ	DIRECTOR	1.00	Director	$0	$0	$0
WARREN HERN	DIRECTOR	1.00	Director	$0	$0	$0
MICHEL INGHAM	DIRECTOR	1.00	Director	$0	$0	$0
HOWARD JACOBSON	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL PARRINELLO CPA	DIRECTOR	1.00	Director	$0	$0	$0
HEIDI ROMER	DIRECTOR	1.00	Director	$0	$0	$0
BRAD RYE	CHAIRMAN	1.00	Officer Director	$0	$0	$0
TRUMAN TOLEFREE	DIRECTOR	1.00	Director	$0	$0	$0
JEFFREY VALENTINE	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTINE WAGNER SSJ PHD	DIRECTOR	1.00	Director	$0	$0	$0
ANTONIA TONI WYNTER	DIRECTOR	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
2024	No data	No data	No data	No data
2023	$345,580	$327,398	$781,643	$18,182
2023	$270,580	$327,705	$781,643	$-57,125
2019	$264,421	$199,509	$391,032	$64,912