Ventures FY2023 filing
Builds strong, fair local economies through education, financial tools, and community support. For fiscal year 2023 it reported $5.2M in revenue, $2.0M in expenses, and $5.8M in net assets.Pt I
- Type
- Public charity (501(c)(3)) · Human Services
- Location
- Watsonville, CA
- Website
- www.sccvonline.org
- Filings
- 5 on file (2020–2023)
More identity details & actions ⌄
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Summary of the Filing
Where the work happens
Asset Building
Ensures families and youth can build wealth. This includes: - Semilitas a community partnership that provides children's savings accounts for newborns in the county. The effort focuses on improving children's social emotional development, create a culture supporting post-secondary education, and increase assets and build financial…
Financial Capability (Familias con Ms) works on two areas:- Education to build knowledge and skills on fair banking practices, savings, budgeting, credit, debt, overdraft fees, and predatory lenders through workshops, coaching, and community outreach.- Advocacy to address financial inequities, including the prevalence of predatory…
Emergency Relief & Safety Net Services As a trusted intermediary during times of crisis Ventures provide relief to community members in need who are not comfortable working with institutions or who are left out of our safety net.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Maria Cadenas’s $171K as Executive Dir. is at the 82nd 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
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Maria Cadenas | $171,459 | $148,000 | $129,860 | $110,163 | $108,969 |
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
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 93% | — | — |
| Overhead ratio | 5% | — | — |
| Fundraising cost ratio | 0.8% | — | — |
| Revenue growth | 87% | — | — |
| Investment management fee ratio | 0% | — | — |
| Legal fee ratio | 0% | — | — |
| Accounting fee ratio | 0% | — | — |
| 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
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Filings & Schedule Manifest
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