VENTURE PORTLAND

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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

1986

Legal Domicile

Principal Officer

JOY CHURCH

Phone

5034779648

Tax Period

2023-07-01 to 2024-06-30

VENTURE PORTLAND, founded in 1986, is a community nonprofit in the Community Improvement sector that reported $1.3M in total revenue in fiscal year 2023. Expenses of $1.3M left a modest 5% surplus.

Mission

VENTURE PORTLAND MEANS BUSINESS. THE ORGANIZATION INVESTS IN THE SMART, STRATEGIC GROWTH OF PORTLAND'S 50 UNIQUE NEIGHBORHOOD BUSINESS DISTRICTS THROUGH GRANTS, TRAINING, AND PROMOTION. TOGETHER, NEIGHBORHOOD BUSINESS DISTRICTS CONTAIN 19,200 BUSINESSES AND PROVIDE 270,000 JOBS, PLAYING A VITAL ROLE IN PORTLAND'S ECONOMY. VENTURE PORTLAND BUILDS THE CAPACITY OF AND CONNECTIONS BETWEEN THESE DISTRICTS THAT COLLECTIVELY MEET LOCAL, REGIONAL, NATIONAL AND INTERNATIONAL DEMAND FOR GOODS AND SERVICES.

Program Service Accomplishments

Program 1

AS OF 2024, VENTURE PORTLAND CELEBRATED 38 YEARS OF SUPPORTING SMALL BUSINESS THROUGH PORTLAND'S BUSINESS DISTRICT ASSOCIATIONS. WE CONTINUE TO PROVIDE INFORMATION AND ASSISTANCE, A GRANTS PROGRAM...

AS OF 2024, VENTURE PORTLAND CELEBRATED 38 YEARS OF SUPPORTING SMALL BUSINESS THROUGH PORTLAND'S BUSINESS DISTRICT ASSOCIATIONS. WE CONTINUE TO PROVIDE INFORMATION AND ASSISTANCE, A GRANTS PROGRAM, NETWORKING OPPORTUNITIES, BOARD TRAININGS, WEBINARS, PROMOTIONS, AND OFFER SELECT DISTRICTS A DISTRICT MANAGER AT 36 HOURS PER WEEK THROUGH OUR CATALYTIC INVESTMENT INITIATIVE PROGRAM. IN 2023-24, WE PROVIDED 3,800 HOURS OF TECHNICAL ASSISTANCE TO BUSINESS DISTRICT ASSOCIATIONS. OUR MEMBERS DONATED 3,600 HOURS OF VOLUNTEER TIME TO SUPPORT OUR GOALS AND STRENGTHEN OUR BUSINESS COMMUNITY. OUR MARKETING AND PROMOTION OF BUSINESS DISTRICTS CONTINUES WITH OUR TWICE-A-WEEK NEWSLETTERS, INSTAGRAM ACCOUNT, AND A BRAND NEW WEBSITE THAT WAS LAUNCHED IN AUGUST 2024. FOR THE SECOND TIME, WE WERE ABLE TO OFFER A "MAJOR IMPACT GRANTS" OPPORTUNITY AWARDING 250,000 IN GRANT DOLLARS TO MULTIPLE BUSINESS DISTRICT ASSOCIATIONS. THIS, ALONG WITH OUR SPRING AND CII GRANT CYCLES, ALLOWED US TO GIFT 309,000 IN GRANT FUNDING WITHIN THE SPAN OF TWELVE MONTHS.

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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 $0

Program Service Revenue $1,334,741

Investment Income $1,665

Other Revenue $0

TOTAL REVENUE $1,336,406

Expense Breakdown

Grants Paid $415,800

Salaries & Benefits $744,053

Fundraising Expenses $0

Other Expenses $109,603

TOTAL EXPENSES $1,269,456

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,336,406	$1,324,055	+0.0%
Expenses	$1,269,456	$995,092	+0.3%
Net Income	$66,950	$328,963	-0.8%

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

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

$139,318

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOY CHURCH	EXECUTIVE DI	40.00	Officer	$131,050	$8,268	$139,318
MICHAEL CHASE	DIRECTOR	2.00	Director	$0	$0	$0
DANIELLE DESCHENES	DIRECTOR	2.00	Director	$0	$0	$0
BEN FISHER	DIRECTOR	2.00	Director	$0	$0	$0
ELENI GERDING	PRESIDENT	10.00	Officer Director	$0	$0	$0
CAROLYNE HOLCOMB	DIRECTOR	2.00	Director	$0	$0	$0
ERIC LARPENTEUR	VICE PRESIDE	5.00	Officer Director	$0	$0	$0
GREG MADDEN	DIRECTOR	2.00	Director	$0	$0	$0
NICOLE TIGNOR	TREASURER	5.00	Officer Director	$0	$0	$0
CAROL TRIOCHE	DIRECTOR	2.00	Director	$0	$0	$0
AMANDA TRISKELE	SECRETARY	5.00	Officer 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
2025	No data	No data	No data	No data
2024	$1,336,406	$1,269,456	$962,117	$66,950
2023	$1,324,055	$995,092	$1,095,774	$328,963
2022	$916,928	$759,990	$439,872	$156,938
2021	$591,762	$483,713	$351,772	$108,049
2020	$661,166	$672,903	$192,054	$-11,737
2019	$677,403	$644,967	$233,044	$32,436
2018	$575,296	$580,165	$185,538	$-4,869