Overview
What is Dallas Social Venture Partners?
Dallas Social Venture Partners, abbreviated as SVPD, is a collaborative organization situated in Dallas, Texas. Comprising professionals, social entrepreneurs, and foundations, they are united by a shared commitment to strengthening their community. They achieve this by pooling their financial resources and collective business expertise, making multi-year, unrestricted grants to vetted nonprofit organizations with demonstrated potential for social change. The goal is to strengthen these nonprofits and amplify their impact. By doing so, Dallas Social Venture Partners contributes to the betterment of their local community.
Official website here: www.svpdallas.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%
Dallas Social Venture Partners has achieved a remarkable Four-Star out of Four Star rating from Charity Navigator, indicating a high level of accountability and financial health. The charity's strong score reflects its commitment to transparency and effective governance, with 100% of board members being independent and comprehensive policies in place for conflict of interest and whistleblower protections.
The organization demonstrates impressive financial management, evidenced by a low liability to assets ratio of 7.01% and a program expense ratio of 75.94%. Such metrics indicate that a significant majority of its resources are directed towards its programs rather than administrative costs, showcasing its focus on impact. Additionally, the organization excels in fundraising efficiency, maintaining a cost of just 14 cents to raise a dollar.
While the data highlights numerous strengths, there are no noted limitations within the feedback, underscoring Dallas Social Venture Partners' overall effectiveness and sustainable practices in serving its community. The combination of high scores across various categories reinforces its reputation as a responsible and impactful nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Dallas Social Venture Partners legitimate?
Dallas Social Venture Partners is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dallas Social Venture Partners 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: $166,243
Professional Fundraising Fees: $0
Other Salaries and Wages: $361,624
For more financial information, click here
Official website here: www.svpdallas.org
What is the mission statement of Dallas Social Venture Partners?
Dallas Social Venture Partners, often referred to as SVPD, is a collaboration of professionals, social entrepreneurs, and foundations dedicated to enhancing their community. They achieve this by thoughtfully applying their collective financial resources and business expertise. The organization engages in capacity building for nonprofit organizations through a unique approach. Partners pool their funds and make multi-year, unrestricted gifts to carefully vetted nonprofit investees showing promise for social change. Moreover, they contribute their business and professional expertise to these nonprofits, aiming to strengthen their operations and increase their impact.
Official website here: www.svpdallas.org
Who is the CEO of Dallas Social Venture Partners?
Anthony Fleo is the Ceo of Dallas Social Venture Partners. The CEO's salary of Dallas Social Venture Partners is $166,243 and their total compensation is $166,243.
Official website here: www.svpdallas.org
What is the revenue of Dallas Social Venture Partners?
Dallas Social Venture Partners's revenue in 2022 was $2,338,472.
Official website here: www.svpdallas.org
Who are the executives of Dallas Social Venture Partners and what are their salaries?
The average compensation at Dallas Social Venture Partners during 2022 was $52,787. There are 10 employees and 188 volunteers at Dallas Social Venture Partners.
Here are 12 key members and their salaries (Dallas Social Venture Partners's CEO's salary is $166,243 and their total compensation is $166,243):
- Compensation: $166,243
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- Other: $0
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- Other: $0
Official website here: www.svpdallas.org
Where can I find the form 990 for Dallas Social Venture Partners?
Dallas Social Venture Partners's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.svpdallas.org
Learn more at the official website: www.svpdallas.org
Mission Statement of Dallas Social Venture Partners
Dallas Social Venture Partners, often referred to as SVPD, is a partnership of professionals, social entrepreneurs, and foundations dedicated to strengthening their community. This organization approaches its mission through the thoughtful application of their collective financial resources and business expertise. By pooling their funds, the partners of SVPD make multi-year, unrestricted gifts to carefully vetted nonprofit investees with proven potential for social change. In addition to financial support, SVPD partners also contribute their business and professional expertise to these nonprofits, aiming to enhance the organization's capabilities and increase its impact. In essence, Dallas Social Venture Partners serves as a catalyst, leveraging the combined resources and skills of its members to drive positive change within the community.
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Impact
July, 2024
Dallas Social Venture Partners strengthens the community through the collective application of funds and business expertise. By pooling resources and providing multi-year, unrestricted gifts to carefully vetted organizations with proven potential for social change, the impact of Dallas Social Venture Partners extends beyond financial support. Partners also contribute their business and professional knowledge to enhance the capacity of nonprofits, ultimately aiming to bolster the Dallas Social Venture Partners ecosystem and amplify its influence for greater social good.
This information is meant to be a general summary of Dallas Social Venture Partners. 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: $123,236
- Program Service Revenue: $78,509
- Gross Receipts: $2,370,150
Assets and Liabilities:
- Total Assets: $2,691,440
- Total Liabilities: $188,906
- Net Assets: $2,502,534
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
REGISTRATION FEES
Revenue
$78,509
Organization Details
Founding Year
2000
Phone
(214) 855-5520Principal Officer
Anthony Fleo
Main Address
PO BOX 670546, DALLAS, TX, 75367
Website
www.svpdallas.orgNTEE Category
Code: T30 - Philanthropy
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