Venture Free Foundation EIN 81-4844464 Form 990 (PDF) Claim this org

Venture Free Foundation

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Connects young people with nature for healthy development and lifelong appreciation. For fiscal year 2024 it reported $251K in revenue, $241K in expenses, and $57K in net assets.Pt I

Type
Public charity (501(c)(3)) · Youth Development
Location
Woodside, CA
Filings
6 on file (2019–2024)
Revenue
$251KFY2024
Expenses
$241K
Net assets
$57K
People
5
Filings
6
Updates
0
More identity details & actions ⌄
EIN  81-4844464 Public charity (501(c)(3)) Woodside, CA
Form 990 (PDF)
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Size
$100K–1M
What they do
Connects young people with nature for healthy development and lifelong appreciation.
Leadership
Emily Phelps · Executive Director · $47K
Money in and out
$251K revenue, $241K expenses
Bottom line
69% program efficiency
Where the money goes · FY2024
Total revenue
$251K
Pt VIII · Ln 12
Total expenses
$241K
Pt IX · Ln 25
Net assets
$57K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $10K
Where spending went · Part IX cols B–D
Program services $0.69 Management & general $0.31
Program efficiency
69%
of spending reaches programs▲ +2% vs prior filing year
Operating runway
2.9mo
months of highly liquid reserves at operating expense rate▲ +7% vs prior filing year
Surplus margin
+4%
revenue over expenses, this year▲ +71% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$251K
FY2024▲ +15%
Expenses
$241K
FY2024▲ +13%
Total assets
$57K
FY2024▲ +21%
Total liabilities
$0
FY2024
Total revenue
$251K
Pt VIII · Ln 12
Total expenses
$241K
Pt IX · Ln 25
Net assets
$57K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$10K
Total assetsPt X · Ln 16$57K
Program-expense ratioPt IX · col B69%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 4pending
Mission & Programs · Part III

Where the work happens

1 program service account for $166K of program spending, described in the organization's own filed words · FY2024.
01

Venture free adventure leadership programming served over 125 children in 2024, providing programming that allows children to connect with the natural world, foster social emotional skills, leadership skills, and learn outdoor skills, survival skills, and environmental stewardship.

$166Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CVenture Free Foundation
EINHdr · item D81-4844464
Principal addressHdr · item CWoodside, CA
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFYouth Development (O50)
Ruling yearIRS BMFAug 2017

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1bpending
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
Executive Director
$46,800Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020FY2019
Emily Phelps$46,800$39,900$20,400$24,000$25,000$25,000
Maria King$7,000

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$225K · 90%
Contributions & grants$26K · 10%
Program service revenue90%$225K
Contributions & grants10%$26K
Total revenueLn 12$251K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.69 Management & general $0.31
Program services69%$166K
Management & general31%$75K
Total functional expensesLn 25$241K

Balance Sheet

Part X · end of year
CashLn 1$57K
Total assetsLn 16$57K
Total liabilitiesLn 26$0
Total net assetsLn 32$57K
Months of cash on handcomputed2.9

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $57K · Operating expenses/yr $241K
2.9 months
Where the money goes
Program services
Program services $166K · Total expenses $241K
69%
Management & General
Management & general $75K · Total expenses $241K
31%
Fundraising
Fundraising $0 · Total expenses $241K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $30K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $26K · Total revenue $251K
10%
Government reliance
Government grants $0 · Total revenue $251K
0%
Earned-income share
Program service revenue $225K · Total revenue $251K
90%
Investment reliance
Investment income $0 · Total revenue $251K
0%
Program self-sufficiency
Program service revenue $225K · Total expenses $241K
93%
Growth & trend
Revenue growth (YoY)
This year $251K · Prior year $218K
+15%
Revenue CAGR
FY2019 $207K · FY2024 $251K
+4%
Net-asset trend (YoY)
End of year $57K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $251K · Expenses $241K
+4%
Liabilities-to-Assets
Total liabilities — · Total assets $57K
Net-asset ratio
Net assets $57K · Total assets $57K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $57K
0%
People & payroll
Highest Reported Total Compensation
Individual Emily Phelps · Reported title Executive Director · Highest reported compensation $47K · Total expenses $241K
19%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $126K · Total expenses $241K
52%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 69%
Overhead ratio 31%
Fundraising cost ratio 0%
Revenue growth 15%
Legal fee ratio 0.7%
Accounting fee ratio 0.7%

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 · FY2025
Total grants receivedfrom 1 funder$15K

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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
FY2024 (Latest)$251K revenue · viewing · ⤓ 990 PDF
FY2023$218K revenue · ⤓ 990 PDF
FY2022$178K revenue · ⤓ 990 PDF
FY2021$182K revenue · ⤓ 990 PDF
FY2020$134K revenue · ⤓ 990 PDF
FY2019$207K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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