Overview
What is Ventura Community Partners Foundation?
Ventura Community Partners Foundation is a nonprofit organization based in Ventura, California. Despite facing no program expenses in 2021-22 due to the COVID-19 pandemic, the foundation remains committed to its mission. Their primary objective is to foster community and improve the livability of Ventura by developing and maintaining parks, recreational, and cultural opportunities through strategic partnerships and diverse, sustainable funding. In 2020-21, their most significant activity was fundraising for the Arroyo Verde Playground project, with funds expected to be disbursed in 2024.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 54% (One-Star out of Four Stars)
The Ventura Community Partners Foundation has received a low rating of 54% from Charity Navigator, indicating significant concerns regarding its accountability and financial management. While the organization excels in governance aspects such as having a fully independent board and the presence of various key policies, it has a troubling Program Expense Ratio of only 20.01%. This suggests that a minimal portion of its expenses is directed towards its programs, raising questions about the effectiveness and impact of its services.
Strengths include a fully independent board and comprehensive policies for conflict of interest and whistleblower protections, which demonstrate a commitment to transparency and good governance. The organization holds a perfect score for the independence of its board members and has no material diversion of assets, signifying responsible management at the board level.
However, the charity's financial metrics highlight serious challenges. With a liabilities to assets ratio of 0.00%, it appears to have no liabilities, but this could also indicate a lack of investment in its programs. Overall, while the governance structure is solid, the organization must improve its financial allocation to services in order to enhance its effectiveness and accountability in the community it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Ventura Community Partners Foundation legitimate?
Ventura Community Partners Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ventura Community Partners Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Ventura Community Partners Foundation?
The Ventura Community Partners Foundation's mission is to foster community development and enhance livability by establishing and maintaining parks, recreation, and cultural opportunities through collaborations and sustainable, diverse funding. The foundation's significant activity in 2020-21 involved raising funds for the Arroyo Verde Playground project. Due to the COVID-19 pandemic, there were no program expenses in 2021-22. Funds for the Arroyo Verde Playground program are anticipated to be disbursed in the year 2024.
Who is the CEO of Ventura Community Partners Foundation?
Kevin Clerici is the President of Ventura Community Partners Foundation.
What is the revenue of Ventura Community Partners Foundation?
Ventura Community Partners Foundation's revenue in 2022 was $48,374.
Who are the executives of Ventura Community Partners Foundation and what are their salaries?
There 12 volunteers at Ventura Community Partners Foundation.
Here are 7 key members and their salaries:
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Where can I find the form 990 for Ventura Community Partners Foundation?
Ventura Community Partners Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Ventura Community Partners Foundation
Ventura Community Partners Foundation is committed to building community and enhancing livability in various areas by developing and maintaining parks, recreational, and cultural opportunities. This is achieved through strategic partnerships and the utilization of sustainable and diverse funding sources. The organization's mission is to create a vibrant and harmonious community, where residents can engage in a wide array of activities and experiences, fostering a sense of togetherness and shared enjoyment. By focusing on parks, recreation, and cultural opportunities, Ventura Community Partners Foundation aims to enrich the lives of community members, providing them with spaces and experiences that bring joy, promote health and well-being, and cultivate a sense of pride in their community. One of the foundation's most significant achievements in recent years was raising funds for the Arroyo Verde playground, demonstrating its dedication to enhancing community spaces and providing opportunities for children and families to connect and play.
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Impact
August, 2024
Ventura Community Partners Foundation's impact lies in building community and enhancing the livability of Ventura through the development and maintenance of parks, recreation, and cultural opportunities. Their primary activity in 2020-21 involved raising funds for the Arroyo Verde Playground. While there were no program expenses in 2021-22 due to the COVID-19 pandemic, funds for the playground program are expected to be disbursed in 2024. By fostering partnerships and securing diverse funding sources, the foundation plays a crucial role in creating and sustaining recreational spaces for the residents of Ventura.
This information is meant to be a general summary of Ventura Community Partners Foundation. 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: $58
- Gross Receipts: $48,374
Assets and Liabilities:
- Total Assets: $685,959
- Total Liabilities: $0
- Net Assets: $685,959
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Organization Details
Founding Year
2012
Phone
(805) 658-4775Principal Officer
Kevin Clerici
Main Address
PO BOX 24230, VENTURA, CA, 93002
NTEE Category
Code: N11 - Recreation
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