Overview
What is Charitable Ventures Of Orange County?
Charitable Ventures of Orange County is a Santa Ana, California-based nonprofit organization with a team of 235 employees. Their mission is to empower emerging charitable ventures and projects by offering essential resources and support services, including incubation, accounting, and fiscal sponsorship. Project Kinship, one of their initiatives, focuses on helping formerly incarcerated and gang-involved individuals reintegrate into schools, workforce, and families. Charitable Ventures of Orange County also hosts capacity building training conferences for agencies in Orange County to better serve high-risk populations in their community.
Official website here: www.charitableventuresoc.org
What are the reviews and ratings of this charity?
Charitable Ventures Of Orange County has earned an 87% rating from Charity Navigator, resulting in a Three-Star out of Four Star rating. This score reflects a strong performance in accountability and financial management, with a particularly high score of 85% in Accountability & Finance. The organization demonstrates a well-structured independent board and strong oversight mechanisms, ensuring transparency and integrity in its operations.
The organization's strengths lie in its excellent culture and community engagement, with a score of 89%, and outstanding leadership adaptability, rated at 100%. Charitable Ventures prioritizes investment in leadership development, which is critical for long-term sustainability and effectiveness. Their commitment to maintaining quality financial practices and effective program expenses is evident, with a program expense ratio of 83.87%, indicating that a significant portion of funds is directed towards their programs.
However, there are some areas for improvement, particularly regarding the liabilities to assets ratio, which stands at 50.05%, and the working capital ratio, measured at 0.30 years. These figures suggest potential concerns about financial resilience and capacity to cover short-term obligations. Overall, while Charitable Ventures Of Orange County showcases many strengths in governance and community involvement, addressing financial stability will be essential for future growth.
This AI summary has been generated from information found on Charity Navigator.
Is Charitable Ventures Of Orange County legitimate?
Charitable Ventures Of Orange County is a legitimate nonprofit organization registered as a 501(c)(3) entity. Charitable Ventures Of Orange County submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $339,313
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,487,510
For more financial information, click here
Official website here: www.charitableventuresoc.org
What is the mission statement of Charitable Ventures Of Orange County?
Charitable Ventures Of Orange County is a non-profit organization committed to supporting emerging charitable ventures and projects. It provides essential resources and services, including incubation, accounting, and fiscal sponsorship, to help these initiatives thrive. The organization's mission is to foster the growth of new charitable endeavors and contribute to the betterment of communities. By offering expertise, resources, and guidance, Charitable Ventures Of Orange County empowers these projects to make a positive impact and address various social needs. One of the programs under its wing is Project Kinship, which focuses on providing hope, training, and support services to formerly incarcerated and gang-involved individuals, enabling them to reintegrate into schools, workforce, and families. With its comprehensive support, Charitable Ventures Of Orange County plays a vital role in nurturing and strengthening the charitable sector.
Official website here: www.charitableventuresoc.org
Who is the CEO of Charitable Ventures Of Orange County?
Theodore Kim is the Cfo of Charitable Ventures Of Orange County. The CEO's salary of Charitable Ventures Of Orange County is $190,009 and their total compensation is $190,009.
Official website here: www.charitableventuresoc.org
What is the revenue of Charitable Ventures Of Orange County?
Charitable Ventures Of Orange County's revenue in 2022 was $22,680,227.
Official website here: www.charitableventuresoc.org
Who are the executives of Charitable Ventures Of Orange County and what are their salaries?
The average compensation at Charitable Ventures Of Orange County during 2022 was $37,561. There are 235 employees and 773 volunteers at Charitable Ventures Of Orange County.
Here are 9 key members and their salaries (Charitable Ventures Of Orange County's CEO's salary is $190,009 and their total compensation is $190,009):
- Compensation: $190,009
- Related: $0
- Other: $0
- Compensation: $149,304
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.charitableventuresoc.org
Where can I find the form 990 for Charitable Ventures Of Orange County?
Charitable Ventures Of Orange County's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.charitableventuresoc.org
Learn more at the official website: www.charitableventuresoc.org
Mission Statement of Charitable Ventures Of Orange County
Charitable Ventures Of Orange County, a dedicated organization, is committed to empowering emerging charitable ventures and projects by providing them with essential resources and support services. With a focus on incubation, accounting, and fiscal sponsorship, this nonprofit plays a pivotal role in fostering the growth of new charitable initiatives in the community.
In simple terms, Charitable Ventures Of Orange County serves as a nurturing ground for burgeoning charitable organizations. By offering a range of support services, this nonprofit helps these emerging ventures gain the necessary footing to make a meaningful impact in their respective fields. The organization's mission extends beyond just providing resources; it strives to create an environment that fosters growth and sustainability for these charitable projects.
Project Kinship, one of the initiatives under Charitable Ventures Of Orange County, exemplifies the organization's mission in action. Project Kinship is a program designed to offer hope, training, and support services to formerly incarcerated and gang-involved individuals, enabling them to re-enter schools, the workforce, and their families. By providing capacity building training and conferences, Charitable Ventures Of Orange County equips not only the individuals but also the agencies throughout Orange County to better serve high-risk populations in the community.
Through its unwavering dedication to supporting emerging charitable ventures and projects, Charitable Ventures Of Orange County continues to make a significant difference in the lives of those it serves. By offering a helping hand to new charitable initiatives, the organization ensures that they have the resources and support they need to thrive and contribute to the betterment of their communities.
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Impact
August, 2024
Charitable Ventures of Orange County has a significant impact on the community by providing resources and support services to emerging charitable ventures and projects. One notable project under their umbrella is Project Kinship, which offers hope, training, and support services to formerly incarcerated and gang-involved individuals as they reintegrate into schools, the workforce, and their families. Project Kinship also provides capacity building training and conferences to individuals and agencies throughout Orange County to better serve high-risk populations in the community. Through these initiatives, Charitable Ventures of Orange County is actively working towards community improvement and fostering positive change.
This information is meant to be a general summary of Charitable Ventures Of Orange County. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $9,667
- Program Service Revenue: $1,179,647
- Gross Receipts: $22,809,640
Assets and Liabilities:
- Total Assets: $13,259,506
- Total Liabilities: $6,636,983
- Net Assets: $6,622,523
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICES
Revenue
$1,179,647
Organization Details
Founding Year
2007
Phone
(714) 597-6630Principal Officer
Theodore Kim
Main Address
1505 E 17TH STREET 101, SANTA ANA, CA, 92705
Website
www.charitableventuresoc.orgNTEE Category
Code: S50 - Community improvement
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