Watsonville, CA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)VENTURES, founded in 1989, is a community nonprofit in the Human Services sector that reported $5.2M in total revenue in fiscal year 2023. Revenue surged 87% from the prior year, signaling strong growth momentum. The organization ran a surplus of $3.1M, a strong 61% operating margin.
Creating compassionate and equitable local economies that contribute to the well being of our communitiesWe are committed to do our work in ways that:Are family centered and culturally appropriate;Remove system level barriers to economic equity;Provide leadership development and financial education, including for children and youth;Develop new financial and asset building vehicles; andLift up and leverage the great work already being done.
Asset Building - Ensures families and youth can build wealth. This includes: - Semilitas a community partnership that provides children's savings accounts for newborns in the county. The effort...
Asset Building - Ensures families and youth can build wealth. This includes: - Semilitas a community partnership that provides children's savings accounts for newborns in the county. The effort focuses on improving children's social emotional development, create a culture supporting post-secondary education, and increase assets and build financial capability of participating families. - Futuro - aims to be a worker-owned cooperative business structure and network that provides income and wealth building for Salinas Valley working-class Latino families. - Alas - which means wings in Spanish, is a six-month financial stability program to help working-class Latino families build community, self-determination, and financial wellbeing. Cohort model incorporates: - Guaranteed Income: families receive $500 /month for 6-months - Education and Resources: Participants receive monthly workshops and individual financial coaching to build savings, establish/ improve credit, build their savings, and reach personal financial goals. - Community Building: Participants work both as a large cohort, and in small groups with neighbors in their own cities. This ensures that they have a community to lean on after completing the program.
Financial Capability (Familias con Ms) works on two areas:- Education to build knowledge and skills on fair banking practices, savings, budgeting, credit, debt, overdraft fees, and predatory lenders...
Financial Capability (Familias con Ms) works on two areas:- Education to build knowledge and skills on fair banking practices, savings, budgeting, credit, debt, overdraft fees, and predatory lenders through workshops, coaching, and community outreach.- Advocacy to address financial inequities, including the prevalence of predatory lenders, currently twice the rate in Watsonville than the city of Santa Cruz.
Emergency Relief & Safety Net Services As a trusted intermediary during times of crisis Ventures provide relief to community members in need who are not comfortable working with institutions or who...
Emergency Relief & Safety Net Services As a trusted intermediary during times of crisis Ventures provide relief to community members in need who are not comfortable working with institutions or who are left out of our safety net. - UndocuFund Monterey Bay provides cash assistance to Monterey Bay area undocumented immigrant workers impacted by emergencies.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $5,177,388 | $2,765,285 | +0.9% |
| Expenses | $2,041,361 | $1,801,908 | +0.1% |
| Net Income | $3,136,027 | $963,377 | +2.3% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| MARIA CADENAS | Executive Dir. | 40.00 |
Officer
|
$148,000 | $0 | $148,000 |
| DIVYA SHARMA | Treasurer | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| CAITLIN BRUNE | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| DARLENE TORRES | Chairman | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| ELISA ORONA | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| CHRIS BENNER | Vice Chairman | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| SIGOLENE ORTEGA | Secretary | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| LORRAINE YGLESIAS | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $5,177,388 | $2,041,361 | $6,030,353 | $3,136,027 |
| 2022 | $2,765,285 | $1,801,908 | $2,747,879 | $963,377 |
| 2021 | $2,698,128 | $2,514,698 | $1,781,848 | $183,430 |
| 2020 | $5,233,897 | $4,026,324 | $1,585,472 | $1,207,573 |
| 2019 | $312,593 | $239,269 | $268,761 | $73,324 |
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