SOCIALVENTURES

EIN: 471396726 501(c)(3)

COLUMBUS, OH

Total Revenue
$28,889
Total Expenses
$23,141
Total Assets
N/A
Net Assets
N/A
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
OH
Principal Officer
TINA FISHER
Phone
6142085403
Tax Period
2023-01-01 to 2023-12-31

SOCIALVENTURES, founded in 2014, is a micro nonprofit that reported $29K in total revenue in fiscal year 2023. Revenue fell 87% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $6K, a strong 20% operating margin.

Mission

SOCIALVENTURES ADVANCES REMARKABLY GOOD BUSINESSES-BUSINESSES THAT INTENTIONALLY INTEGRATE SOCIAL IMPACT AS A NON-NEGOTIABLE COMPONENT OF THEIR BUSINESS MODEL. SOCIALVENTURES SUPPORTS THESE NONPROFIT AND FOR- PROFIT BUSINESSES SO THAT ENTREPRENEURS, CONSUMERS AND BENEFICIARIES OF THEIR MISSION-DRIVEN ENDEAVORS ARE ALL BETTER POSITIONED TO PROSPER. TO ACHIEVE THIS SOCIALVENTURES OFFERS RESOURCES, PROGRAMS, ACCELERATORS ON SOCIAL ENTERPRISE AND ACTS AS A PRIMARY NETWORK FOR SOCIAL ENTERPRISE ACTIVITY IN CENTRAL OHIO.

Program Service Accomplishments

Program 1
Expenses: $2,614

BUILD THE MOVEMENT: WE ENHANCE THE CONNECTION OF SOCIAL ENTREPRENEURS TO THE CONSUMER, VOLUNTEER, INVESTOR, AND NONPROFIT BOARD MEMBER THROUGH OUR ONLINE MARKETPLACE, A LISTING OF CENTRAL OHIO SOCIAL...

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BUILD THE MOVEMENT: WE ENHANCE THE CONNECTION OF SOCIAL ENTREPRENEURS TO THE CONSUMER, VOLUNTEER, INVESTOR, AND NONPROFIT BOARD MEMBER THROUGH OUR ONLINE MARKETPLACE, A LISTING OF CENTRAL OHIO SOCIAL ENTERPRISES AND THEIR PRODUCTS, SERVICES, AND IMPACT. WE EXPAND PUBLIC AWARENESS AND SUPPORT OF SOCIAL ENTERPRISE THROUGH PUBLIC SPEAKING, MONTHLY COLUMNS IN THE METROPRENEUR, BLOGS AND SOCIAL MEDIA. WE ALSO PUBLISH AN ANNUAL REPORT, THE STATE OF SOCIAL ENTERPRISE IN CENTRAL OHIO.

Program 2
Expenses: $2,614

BUILD THE MOVEMENT: WE OFFER ACCELERATORS, WORKSHOPS, AND PROGRAMS TO GIVE ENTREPRENEURS KNOWLEDGE, SKILLS, AND ADVICE TO HELP THEIR BUSINESSES THRIVE. WE ALSO PROVIDE FREE CONSULTING ONE AFTERNOON...

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BUILD THE MOVEMENT: WE OFFER ACCELERATORS, WORKSHOPS, AND PROGRAMS TO GIVE ENTREPRENEURS KNOWLEDGE, SKILLS, AND ADVICE TO HELP THEIR BUSINESSES THRIVE. WE ALSO PROVIDE FREE CONSULTING ONE AFTERNOON PER WEEK AND MATCH ENTREPRENEURS WITH MENTORS.

Program 3
Expenses: $1,306

IMPROVE ACCESS TO CAPITAL: THROUGH INDIVIDUAL MEETINGS AND PRESENTATIONS AND THROUGH THE COLUMBUS FUNDS SERIES OF WORKSHOPS WITH THE SMALL BUSINESS DEVELOPMENT CENTER, WE INTRODUCE SOCIAL...

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IMPROVE ACCESS TO CAPITAL: THROUGH INDIVIDUAL MEETINGS AND PRESENTATIONS AND THROUGH THE COLUMBUS FUNDS SERIES OF WORKSHOPS WITH THE SMALL BUSINESS DEVELOPMENT CENTER, WE INTRODUCE SOCIAL ENTREPRENEURS TO IMPACT INVESTING BASICS AND APPROPRIATE SOURCES OF CAPITAL (ANGEL AND EARLY-STAGE INVESTORS). WE MANAGE PRO BONO THE SOCIAL VENTURES FUND, LLC, A MEMBER- BASED PRIVATE FUND FOR ACCREDITED INDIVIDUALS, COMPANIES, AND FOUNDATIONS.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $28,889
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $28,889

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $1,819
Program Expenses $6,534
Other Expenses $23,141
TOTAL EXPENSES $23,141

Year-over-Year Comparison

2023 2022 Change
Revenue $28,889 $220,992 -0.9%
Expenses $23,141 $251,706 -0.9%
Net Income $5,748 $-30,714 -1.2%
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

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Liquidity & Cash Position

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Governance

Voting Members
8
Independent Members
8
Employees
3
Volunteers
N/A

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
4
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEVE VOTAW INTERIM CEO 15.00
Officer
$0 $0 $0
TINA FISHER CHAIR 4.00
Officer Director
$0 $0 $0
KATIE CRAMER VICE CHAIR 2.00
Officer Director
$0 $0 $0
ARTHI RATHI TREASURER 2.00
Officer Director
$0 $0 $0
DONALD WELLS MEMBER 1.00
Director
$0 $0 $0
DEMETRIUS ROBINSON MEMBER 1.00
Director
$0 $0 $0
MATT ORR MEMBER 1.00
Director
$0 $0 $0
MELISSA WICK MEMBER 1.00
Director
$0 $0 $0
JEFF ALEXANDER 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 $28,889 $23,141 No data $5,748
2022 $220,992 $251,706 $143,756 $-30,714
2021 $302,950 $306,246 $193,237 $-3,296
2020 $253,407 $388,176 $184,055 $-134,769
2019 $249,594 $292,952 $163,031 $-43,358
2018 $205,192 $325,338 $206,434 $-120,146
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