VENTURES (EIN 770247648) - 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

1989

Legal Domicile

Phone

8312001719

Tax Period

2023-01-01 to 2023-12-31

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.

Mission

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.

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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 $5,133,187

Program Service Revenue $8,988

Investment Income $35,213

Other Revenue $0

TOTAL REVENUE $5,177,388

Expense Breakdown

Grants Paid $254,250

Salaries & Benefits $1,293,892

Fundraising Expenses $40,232

Program Expenses $1,889,830

Other Expenses $493,219

TOTAL EXPENSES $2,041,361

Year-over-Year Comparison

	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%

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

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

$148,000

Total Directors

Key Employees

Highest Compensated

reported

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

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	$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

VENTURES