Marin Ventures EIN 68-0215700 Form 990 (PDF) Claim this org

Marin Ventures FY2021 filing

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Helps adults with developmental disabilities gain independence and community integration. For fiscal year 2021 it reported $3.5M in revenue, $2.7M in expenses, and $2.8M in net assets.Pt I

Type
Public charity (501(c)(3)) · Human Services
Location
San Rafael, CA
Website
www.marinventures.org
Filings
6 on file (2020–2021)
Revenue
$3.5MFY2021
Expenses
$2.7M
Net assets
$2.8M
People
8
Filings
6
Updates
0
More identity details & actions ⌄
EIN  68-0215700 Public charity (501(c)(3)) San Rafael, CA
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →
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Figures match the IRS filing checked 8/27/26 · see original: IRS
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Size
$1–10M
What they do
Helps adults with developmental disabilities gain independence and community integration.
Leadership
Jami Davis · Executive Direc · $152K
Money in and out
$3.5M revenue, $2.7M expenses
Bottom line
86% program efficiency
Where the money goes · FY2021
Total revenue
$3.5M
Pt VIII · Ln 12
Total expenses
$2.7M
Pt IX · Ln 25
Net assets
$2.8M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $827K
Where spending went · Part IX cols B–D
Program services $0.86 Management & general $0.11 Fundraising $0.04
Program efficiency
86%
of spending reaches programs
Operating runway
6.5mo
months of highly liquid reserves at operating expense rate
Surplus margin
+24%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$3.5M
FY2021▲ +8%
Expenses
$2.7M
FY2021▼ -8%
Total assets
$5.1M
FY2021▲ +9%
Total liabilities
$2.3M
FY2021▼ -16%
Total revenue
$3.5M
Pt VIII · Ln 12
Total expenses
$2.7M
Pt IX · Ln 25
Net assets
$2.8M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$827K
Total assetsPt X · Ln 16$5.1M
Program-expense ratioPt IX · col B86%
Voting members of governing bodyPt I · Ln 38
Independent voting membersPt I · Ln 48
Mission & Programs · Part III

Where the work happens

2 program services account for $2.3M of program spending, described in the organization's own filed words · FY2020.
01

Adult Learning Center (ALC);Accessing Community Experience(ACE) and Wise Elders (WE): The ALC serves consumers at its site at 350 Merrydale Road, San Rafael, CA. Occupational Therapy (OT) is provided to many consumers and the OT program features a Sensorium, which uses Snoezelen equipment to facilitate sensory integration.

$1.2Mprogram expense
02

Specialized Day Program (sdp)

The SDP was created at the request of the funding agency to serve adults with incidental medical needs. This program began in January 2006. The program is led by a Certified Nursing Assistant who created and oversees the health plan of the consumers, while monitoring their physical well being.

$1.2Mprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CMarin Ventures
EINHdr · item D68-0215700
Principal addressHdr · item CSan Rafael, CA
WebsiteHdr · item Jwww.marinventures.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P820)
Ruling yearIRS BMFOct 1994

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a8
Independent voting membersPt VI · Ln 1b8
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Executive Direc
$152,000Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
President
$0Pt VII · Sec A

Jami Davis’s $159K as Executive Direc is at the 77th percentile of top reported officer pay among 3864 $1–10M human services 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

NameFY2025FY2024FY2023FY2022FY2021FY2020
Jami Davis$158,816$156,584$165,769$150,030$152,000$141,921

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.

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Statement of Revenue

Part VIII
Program service revenue$2.9M · 84%
Contributions & grants$575K · 16%
Program service revenue84%$2.9M
Contributions & grants16%$575K
Investment income$537
— government grantsLn 1e$359K
Total revenueLn 12$3.5M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.86 Management & general $0.11 Fundraising $0.04
Program services86%$2.3M
Management & general11%$285K
Fundraising4%$99K
Total functional expensesLn 25$2.7M

Balance Sheet

Part X · end of year
CashLn 1$1.5M
Total assetsLn 16$5.1M
Total liabilitiesLn 26$2.3M
Total net assetsLn 32$2.8M
Months of cash on handcomputed6.5

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1.5M · Operating expenses/yr $2.7M
6.5 months
Where the money goes
Program services
Program services $2.3M · Total expenses $2.7M
86%
Management & General
Management & general $285K · Total expenses $2.7M
11%
Fundraising
Fundraising $99K · Total expenses $2.7M
4%
Cost to raise $1
Fundraising expense (2-yr avg) $97K · Solicited contributions (2-yr avg) $181K
$0.54 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $575K · Total revenue $3.5M
16%
Government reliance
Government grants $359K · Total revenue $3.5M
10%
Earned-income share
Program service revenue $2.9M · Total revenue $3.5M
84%
Investment reliance
Investment income $537 · Total revenue $3.5M
+0.02%
Program self-sufficiency
Program service revenue $2.9M · Total expenses $2.7M
109%
Growth & trend
Revenue growth (YoY)
This year $3.5M · Prior year $3.2M
+8%
Net-asset trend (YoY)
End of year $2.8M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $3.5M · Expenses $2.7M
+24%
Liabilities-to-Assets
Total liabilities — · Total assets $5.1M
Net-asset ratio
Net assets $2.8M · Total assets $5.1M
55%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $5.1M
0%
People & payroll
Highest Reported Total Compensation
Individual Jami Davis · Reported title Executive Direc · Highest reported compensation $152K · Total expenses $2.7M
6%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $2.0M · Total expenses $2.7M
74%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 86%
Overhead ratio 11%
Fundraising cost ratio 17%
Revenue growth 8%
Investment management fee ratio 0%
Legal fee ratio 0.9%
Accounting fee ratio 2%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 3 funders →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$3.6M revenue · ⤓ 990 PDF
FY2024$3.1M revenue · ⤓ 990 PDF
FY2023$3.0M revenue · ⤓ 990 PDF
FY2022$3.1M revenue · ⤓ 990 PDF
FY2021$3.5M revenue · viewing · ⤓ 990 PDF
FY2020$3.2M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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