Overview
What is Civic Ventures?
Civic Ventures, also known as Cogenerate, is a nonprofit organization based in San Francisco, California. Established nearly two and a half decades ago, its primary mission is to challenge conventional narratives and foster intergenerational collaboration. The organization achieves this by publishing thought-provoking literature, sponsoring research, partnering with media outlets, advocating through public speaking, and hosting both virtual and in-person events. Civic Ventures' core objective is to bring together older and younger individuals to solve societal issues, bridge divides, and co-create a more promising future. Over time, the organization has expanded its focus to emphasize the potential of the aging population working alongside their younger counterparts to address today's pressing problems. The organization strongly advocates for intergenerational collaboration, or "cogeneration," as a powerful tool for bridging differences and combating ageism and polarization. Currently, Civic Ventures employs a team of 23 dedicated individuals committed to realizing its mission.
Official website here: www.cogenerate.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 100%
Civic Ventures has received a Four-Star out of Four Star rating from Charity Navigator, indicating exceptional performance in accountability and finance. The organization demonstrates stellar governance practices, featuring a fully independent board of 12 members and a clean record with no material diversion of assets. Their financial oversight is robust, scoring full points across various metrics, including their audit and oversight committee's effectiveness.
The nonprofit's program expense ratio stands at an impressive 82.86%, showcasing their commitment to directly funding their mission-related activities. With a low fundraising efficiency ratio of $0.07, Civic Ventures effectively utilizes donations, indicating minimal costs to raise funds relative to the income generated. Their financial health is further supported by a liabilities-to-assets ratio of just 8.19%, suggesting a strong balance sheet.
Overall, Civic Ventures exemplifies best practices in nonprofit management, backed by comprehensive policies such as conflict of interest and whistleblower protections. While there are no noted limitations in the evaluation data, the organization clearly prioritizes transparency and effective use of resources, making it a reliable option for donors seeking to support impactful initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Civic Ventures legitimate?
Civic Ventures is a legitimate nonprofit organization registered as a 501(c)(3) entity. Civic Ventures 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: $530,472
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,817,229
For more financial information, click here
Official website here: www.cogenerate.org
What is the mission statement of Civic Ventures?
Civic Ventures, established nearly two and a half decades ago, initially aimed to enhance the contributions of older individuals and challenge societal expectations beyond the age of 50. Recently, the organization has shifted its focus towards leveraging the potential of the growing older population in collaboration with younger individuals to tackle contemporary challenges. They believe that intergenerational collaboration, or as they call it, "cogeneration," is a powerful and effective strategy to foster connections across differences and combat polarization and ageism. Today, Civic Ventures' mission is to facilitate interactions between older and younger individuals, addressing pressing issues, bridging divides, and co-creating a shared future.
Official website here: www.cogenerate.org
Who is the CEO of Civic Ventures?
Marc Freedman is the Chair of Civic Ventures. The CEO's salary of Civic Ventures is $215,472 and their total compensation is $226,462.
Official website here: www.cogenerate.org
What is the revenue of Civic Ventures?
Civic Ventures's revenue in 2022 was $5,273,634.
Official website here: www.cogenerate.org
Who are the executives of Civic Ventures and what are their salaries?
The average compensation at Civic Ventures during 2022 was $102,074. There are 23 employees and 168 volunteers at Civic Ventures.
Here are 15 key members and their salaries (Civic Ventures's CEO's salary is $215,472 and their total compensation is $226,462):
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- Compensation: $315,000
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- Other: $39,070
- Compensation: $215,472
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- Other: $10,990
- Compensation: $163,979
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- Other: $27,245
- Compensation: $159,059
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- Other: $8,150
- Compensation: $149,126
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- Other: $27,400
Official website here: www.cogenerate.org
Where can I find the form 990 for Civic Ventures?
Civic Ventures's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cogenerate.org
Learn more at the official website: www.cogenerate.org
Mission Statement of Civic Ventures
Civic Ventures, an organization established nearly a quarter of a century ago, was founded with a mission to expand the contributions of older individuals and challenge societal expectations beyond the age of 50. In recent years, the focus has shifted towards leveraging the vast and growing older population in collaboration with younger generations to address today's most pressing issues. Civic Ventures believes that intergenerational collaboration, or as they call it, "cogeneration," is a powerful strategy to foster connections across differences, combat polarization, and combat ageism. Their current mission is to bring together older and younger individuals to collaborate on solving problems, bridging divides, and co-creating a better future.
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Impact
July, 2024
Civic Ventures, through its program Cogenerate, brings older and younger people together to collaborate and address pressing issues, bridge divides, and shape a better future. By fostering intergenerational collaboration, Civic Ventures aims to combat polarization and ageism while harnessing the collective wisdom and energy of different age groups. Through initiatives like writing books, sponsoring research, and hosting events, Civic Ventures works to change cultural narratives and highlight the value of collaborative efforts between generations. This approach not only helps in addressing current challenges but also in building stronger bonds across communities.
This information is meant to be a general summary of Civic Ventures. 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: $81,135
- Program Service Revenue: $351,270
- Gross Receipts: $5,273,634
Assets and Liabilities:
- Total Assets: $9,108,955
- Total Liabilities: $774,201
- Net Assets: $8,334,754
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACT FEES FOR SERV
Revenue
$337,770
HONORARIA
Revenue
$13,500
Organization Details
Founding Year
1997
Phone
(415) 866-8379Principal Officer
Marc Freedman
Main Address
PO BOX 29542, SAN FRANCISCO, CA, 94129
Website
www.cogenerate.orgNTEE Category
Code: R25 - Civil rights
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