The organization's mission is to promote principles and policies for Community economic development through the support of locally owned small businesses that are rooted in and dedicated to the communities where they are located and that prevent leakage of local dollars.

501(c)(3) charity; gifts are tax-deductible.
91¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 6
filings with a surplus
Average deficit $25K a year · 7% of revenue · last 6 filings
Concern: a surplus in 2 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
91%
of spending
Looks good: 91% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
18 mo
of spending, in cash
Looks good: 17.8 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
5
named funders · $199K
Looks good: 5 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$1.1M
87% of total assets
Concern: liabilities are 87% of assets; over 80%.
Pt X · Ln 26
Independent board members
2
of 3 voting members
Looks good: 2 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$126K
-63% vs prior year
Spent
$230K
To programs
91%
Net assets
$171K
By yearFY2020–FY2025
Revenue
$126K
FY2022▼ -63%
Tap a bar for its year
Revenue by fiscal year
FY2020$905K
FY2021$342K
FY2022$126K
FY2023$244K
FY2024$179K
FY2025$267K
Expenses
$230K
FY2022▼ -64%
Tap a bar for its year
Expenses by fiscal year
FY2020$818K
FY2021$632K
FY2022$230K
FY2023$49K
FY2024$209K
FY2025$278K
Net assets
$171K
FY2022▼ -38%
Tap a bar for its year
Net assets by fiscal year
FY2020$566K
FY2021$275K
FY2022$171K
FY2023$366K
FY2024$336K
FY2025$326K

From the FY2022 Form 990 · see the original

Give Claim
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Apr 2009.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

91 cents of each dollar spent went to programs.

Program services 91% · $210K Management & general 9% · $20K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

3 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Sec. and Treas.
$0Pt VII · Sec A
$0Pt VII · Sec A

Jennifer Kassan’s $45K as President is at the 24th percentile of top reported officer pay among 1709 $100K–1M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2021FY2020
Jennifer Kassan$45,000$6,190

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Community Ventures executive salaries →

On this list? Claim this org

Something off? Claim to add context

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Supports local small businesses to strengthen community economies and keep money circulating locally.

Questions for Community Ventures

Tap to ask. Community Ventures sees how many people are interested.

Your first name shows with your question. Community Ventures answers here, for everyone.

Provided by the organization

Know this org? Add your story

3 programs · $159K · in their own filed words · FY2022
01

Force for Good Accelerator

1. Hosted investor/donor updates.

$104Kprogram expense
02

Next Now Collaboration

1. NNC was a sponsor of the first-ever Overview Effect Film Festival (OEFF). The OEFF screens compelling international films and media projects that feature The Overview Effect by recognized and emerging filmmakers from across the globe.

$38Kprogram expense
03

Dismantle Collective

1. Applying to several grants.2. Clarifying our framework.

$17Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 5 funders →
Grants paid · 9 grants · $550K · 2020–2022
Space for HumanityCO · FY2022$36,200
Unitemized GrantFY2021$32,400
Space for HumanityCO · FY2021$25,000
Institute of HeartmathCA · FY2021$10,000
Jubilee Justice INCLA · FY2020$352,810
Space for HumanityCO · FY2020$25,000
Social Good Fund INCCA · FY2020$15,550

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$126K
Ln 12
Gifts and grantsLn 1h$76K
Investment incomeLn 3$49K
Money outPt IX
$230K
Ln 25
Programscol B$210K
Managementcol C$20K
Owns and owesPt X
$171K
net assets · Ln 32
Cash and savingsLn 1–2$341K
Total assetsLn 16$1.3M
LiabilitiesLn 26$1.1M
PeoplePt VI, VII
3
listed · VII A
PaidVII A0
Voting boardVI 1a3
IndependentVI 1b2
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$76K
Investment incomeLn 3$49K
Gains on assetsLn 7$0
Total revenueLn 12$126K
Assets in detailPt X, end of year
CashLn 1$341K
SavingsLn 2$0
Cash and savings togetherLn 1–2$341K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$118K
Total assetsLn 16$1.3M
LiabilitiesLn 26$1.1M
Net assetsLn 32$171K
OperationsPt I, VI
EmployeesI 50
VolunteersI 615
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$332K$341K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$1.4M$1.3M
LiabilitiesLn 26$1.2M$1.1M
Net assetsLn 32$275K$171K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$55K$55K
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$0
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$0
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$16K$16K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$47K$47K
Advertising and promotionLn 12$192$192
Office expensesLn 13$0
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$927$927
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$42K$42K
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$1K$1K
InsuranceLn 23$2K$2K
Other expenses (24a–d)Ln 24$66K$65K$1K
All other expensesLn 24e$315$5$310
Total functional expensesLn 25$230K$210K$20K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $267K$278K−$10K$326K 990 PDF
FY2024 $179K$209K−$30K$336K 990 PDF
FY2023 $244K$49K$195K$366K 990 PDF
FY2022 Viewing $126K$230K−$104K$171K 990 PDF
FY2021 $342K$632K−$290K$275K 990 PDF
FY2020 $905K$818K$87K$566K 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2022 990 (6 parts)
Part I · Summary $125,690 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $260,575$76,249
I-9 Program service revenuePrior year $16,900$0
I-10 Investment incomePrior year $64,545$49,441
I-11 Other revenue$0
I-12 Total revenuePrior year $342,020$125,690
I-13 Grants and similar amounts paidPrior year $104,034$54,528
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $45,000$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $483,136$175,470
I-18 Total expensesPrior year $632,170$229,998
I-19 Revenue less expensesPrior year −$290,150−$104,308
Part VI · Governance 2 of 3 board members independent, 3 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members2
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $125,690 across 8 lines filed
VIII-1f All other contributions, gifts and grants$76,249
VIII-1h Total contributions, gifts and grants$76,249
VIII-3 Investment incomeRelated to mission $49,441$49,441
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $49,441$125,690
Part IX · Statement of functional expenses $229,998 across 31 lines filed
IX-1 Grants to domestic organizationsPrograms $54,528$54,528
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staff$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$0
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxes$0
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting feesManagement $16,444$16,444
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesPrograms $46,532$46,532
IX-12 Advertising and promotionManagement $192$192
IX-13 Office expenses$0
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 TravelPrograms $927$927
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 InterestPrograms $42,180$42,180
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $1,184$1,184
IX-23 InsuranceManagement $1,600$1,600
IX-24 Other expenses (24a–d)Programs $65,023 · Management $1,073$66,096
IX-24e All other expensesPrograms $5 · Management $310$315
IX-25 Total functional expensesPrograms $210,379 · Management $19,619 · Fundraising $0$229,998
Part X · Balance sheet $1,277,830 assets, 21 lines filed
Asset lines not itemized here account for $818,037; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $332,096$340,974
X-2 Savings and temporary cash investments$0
X-3 Pledges and grants receivable$0
X-4 Accounts receivableStart of year $528$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred charges$0
X-10c Land, buildings and equipment, net$0
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assetsStart of year $12,126$592
X-15 Other assetsStart of year $125,644$118,227
X-16 Total assetsStart of year $1,449,111$1,277,830
X-17 Accounts payable and accrued expensesStart of year $33,607$24,309
X-24 Unsecured notes and loans payableStart of year $1,138,401$1,082,397
X-25 Other liabilitiesStart of year $1,695$24
X-26 Total liabilitiesStart of year $1,173,703$1,106,730
X-27 Net assets without donor restrictionsStart of year $158,371$45,188
X-28 Net assets with donor restrictionsStart of year $117,037$125,912
X-32 Total net assets or fund balancesStart of year $275,408$171,100
X-33 Total liabilities and net assetsStart of year $1,449,111$1,277,830
Part XI · Reconciliation of net assets $171,100 net assets at year end
XI-1 Total revenue$125,690
XI-2 Total expenses$229,998
XI-3 Revenue less expenses−$104,308
XI-4 Net assets at start of year$275,408
XI-10 Net assets at end of year$171,100

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.