ENSEMBLE INNOVATION VENTURES

EIN: 834432148 Mutual Benefit

CENTENNIAL, CO

Total Revenue
$130,971
Total Expenses
$3,485,148
Total Assets
$28,131,414
Net Assets
$25,799,907
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
CO
Phone
8002330860
Tax Period
2024-01-01 to 2024-12-31

ENSEMBLE INNOVATION VENTURES, founded in 2019, is a small nonprofit in the Mutual Benefit sector that reported $131K in total revenue in fiscal year 2024. Expenses of $3.5M exceeded revenue, resulting in a 2561% operating deficit.

Mission

ENSEMBLE INNOVATION VENTURES ALLOCATES CAPITAL RESOURCES IN DISRUPTIVE AND INNOVATIVE BUSINESS MODELS AND SOLUTIONS, BOTH NASCENT AND MATURING, THAT IMPROVE COMMUNITY HEALTH AND WELLNESS BY REMOVING BARRIERS TO CARE, ADDRESSING UNMET HEALTH AND WELLNESS NEEDS, AND UNLOCKING THE FUTURE OF HEALTHCARE.

Program Service Accomplishments

Program 1
Expenses: $2,314,560

FOR THE YEAR ENDING DECEMBER 31, 2024, THE COMPANY GENERATED INCOME FROM INVESTMENTS AND INCURRED PERSONNEL (SHARED COSTS FROM OUR SUBSIDIARY, DELTA DENTAL OF COLORADO), HR, IT, LEGAL AND OTHER COSTS...

Read more

FOR THE YEAR ENDING DECEMBER 31, 2024, THE COMPANY GENERATED INCOME FROM INVESTMENTS AND INCURRED PERSONNEL (SHARED COSTS FROM OUR SUBSIDIARY, DELTA DENTAL OF COLORADO), HR, IT, LEGAL AND OTHER COSTS RELATED TO THE INVESTIGATION OF POTENTIAL INVESTMENTS.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $130,971
Other Revenue $0
TOTAL REVENUE $130,971

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,439,289
Fundraising Expenses $0
Program Expenses $2,314,560
Other Expenses $2,045,859
TOTAL EXPENSES $3,485,148

Year-over-Year Comparison

2024 2023 Change
Revenue $130,971 $-1,644,932 -1.1%
Expenses $3,485,148 $2,126,178 +0.6%
Net Income $-3,354,177 $-3,771,110 -0.1%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
7
Independent Members
6
Employees
N/A
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
5
$1,825,206
Total Directors
8
$1,484,334
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Ann Block Secretary 4.0
Officer Director
$8,500 $0 $60,339
Helen W Drexler President and Chief Executive Officer 7.0
Officer Director
$169,131 $110,398 $1,237,937
Laura English Secretary (partial year) 4.0
Officer Director
$0 $0 $0
Leo Tokar Chair 2.0
Officer Director
$13,500 $0 $52,407
Adam Haynes Trustee 4.0
Director
$40,750 $0 $40,750
Andrea Young Trustee 2.0
Director
$10,000 $0 $47,901
John Kurath Trustee 2.0
Director
$10,500 $0 $10,500
Russell Hedman JD Trustee 4.0
Director
$34,500 $0 $34,500
Gregory Vochis Chief Financial Officer and Treasurer 5.0
Officer
$38,796 $45,610 $474,523
Brent Troxell Director of Strategic Growth 5.0
Highest
$18,960 $29,850 $219,453
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 $130,971 $3,485,148 $28,131,414 $-3,354,177
2023 $-1,644,932 $2,126,178 $29,975,252 $-3,771,110
2022 $-1,581,044 $2,434,058 $30,363,690 $-4,015,102
2021 $902,312 $1,895,625 $35,241,106 $-993,313
2020 $155,545 $459,854 $36,571,548 $-304,309
Explore More Nonprofits
→Top 100 Nonprofits in Colorado →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare ENSEMBLE INNOVATION VENTURES with other nonprofits in Colorado and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.