Charitable Ventures Of Orangecounty Inc
- Assets
- $10.1m
- Revenue
- $22.7m
- Investments
- $0.0
- Employees
- 208
- Location
- Santa Ana, CA
- Founding
- 09/2007
- Data as of
- 12/2021
- EIN
- 20-8756660
Organization Overview
Charitable Ventures Of Orangecounty Inc is located in Santa Ana, CA. The organization was established in 2007. According to its NTEE Classification (S50) the organization is classified as: Nonprofit Management, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Charitable Ventures Of Orangecounty Inc employed 208 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Charitable Ventures Of Orangecounty Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Charitable Ventures Of Orangecounty Inc generated $22.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 30.3% each year . All expenses for the organization totaled $23.2m during the year ending 12/2021. While expenses have increased by 30.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Charitable Ventures Of Orangecounty Inc has awarded 110 individual grants totaling $9,644,267. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION IS DEDICATED TO PROVIDING RESOURCES AND SUPPORT SERVICES (SUCH AS INCUBATION, ACCOUNTING, AND FISCAL SPONSORSHIP) TO EMERGING CHARITABLE VENTURES AND PROJECTS.
Describe the Organization's Program Activity:
380 PROJECT KINSHIPPROJECT KINSHIP PROVIDES HOPE, TRAINING AND SUPPORT SERVICES TO FORMERLY INCARCERATED AND GANG INVOLVED LIFE TO RE-ENTER SCHOOLS, WORKFORCE, AND FAMILIES. PROJECT KINSHIP OFFERINGS CAPACITY BUILDING TRAINING AND CONFERENCES TO INDIVIDUALS AND AGENCIES THROUGHOUT ORANGE COUNTY TO BETTER SERVE HIGH-RISK POPULATIONS IN THE COMMUNITY. PROJECTKINSHIP.ORG
DISTRICT 5 ECONOMIC SUPPORT TO THE ARTS IN RESPONSE TO COVID19.
DISTRICT 4 ECONOMIC SUPPORT TO THE ARTS IN RESPONSE TO COVID19
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anne Olin Pres/ceo/sec'y | Officer | 15 | $184,143 |
Steven Kim Employee | 40 | $125,602 | |
Theodore Kim CFO | Officer | 40 | $121,836 |
Errika Moore Employee | 40 | $108,320 | |
John Benner Chair | OfficerTrustee | 1 | $0 |
John C Rohrer Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $485,375 |
| Fundraising events | $332,469 |
| Related organizations | $0 |
| Government grants | $5,930,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $14,784,332 |
| Noncash contributions included in lines 1a–1f | $42,198 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $21,532,176 |
| Total Program Service Revenue | $1,198,626 |
| Investment income | $3,601 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $22,734,403 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $8,707,043 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $305,979 |
| Compensation of current officers, directors, key employees. | $42,837 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,731,452 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $489,261 |
| Payroll taxes | $585,158 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $22,604 |
| Fees for services: Accounting | $44,985 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,768,470 |
| Advertising and promotion | $88,877 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $669,389 |
| Travel | $29,497 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $134,195 |
| Interest | $542 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $100,491 |
| Insurance | $36,144 |
| All other expenses | $625,339 |
| Total functional expenses | $23,177,331 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,743,682 |
| Savings and temporary cash investments | $1,179,418 |
| Pledges and grants receivable | $1,342,709 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $91,990 |
| Net Land, buildings, and equipment | $115,048 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $480,000 |
| Other assets | $99,555 |
| Total assets | $10,052,402 |
| Accounts payable and accrued expenses | $881,716 |
| Grants payable | $0 |
| Deferred revenue | $2,522,252 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $3,403,968 |
| Net assets without donor restrictions | $2,497,913 |
| Net assets with donor restrictions | $4,150,521 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $10,052,402 |
Grants Awarded
Over the last fiscal year, Charitable Ventures Of Orangecounty Inc has awarded $5,668,131 in support to 24 organizations.
| Grant Recipient | Amount |
|---|---|
VARIOUS SEE ATTACHED SCHED 2 PURPOSE: COVID19 RELIEF PROGRAM | $2,640,000 |
VARIOUS SEE ATTACHED SCHED 3 PURPOSE: VARIOUS | $889,978 |
VARIOUS SEE ATTACHED SCHED 4 PURPOSE: COVID19 RELIEF GRANT | $460,000 |
VARIOUS SEE ATTACHED SCHED 1 PURPOSE: VARIOUS | $413,500 |
Aliso Viejo, CA PURPOSE: ADVOCACY | $150,000 |
PJLC PURPOSE: PASS THROUGH GRANT | $149,900 |
Grants Recieved
Over the last fiscal year, we have identified 32 grants that Charitable Ventures Of Orangecounty Inc has recieved totaling $2,955,857.
| Awarding Organization | Amount |
|---|---|
Impactassets Inc Bethesda, MD PURPOSE: GENERAL SUPPORT | $750,250 |
Goldman Sachs Philanthropy Fund New York, NY PURPOSE: COMMUNITY & HUMAN SERVICES | $350,000 |
The California Endowment Los Angeles, CA PURPOSE: SANTA ANA BUILDING HEALTHY COMMUNITIES - ADVANCING HEALTH EQUITY: TO COORDINATE COMMUNITY RESIDENTS, ORGANIZATIONAL PARTNERS AND SYSTEMS LEADERS IN ADVOCATING FOR HEALTH-PROMOTING POLICIES AND ENVIRONMENTS FOR CHILDREN, YOUTH AND FAMILIES IN SANTA ANA. | $300,000 |
The California Endowment Los Angeles, CA PURPOSE: RESILIENCE OC - STRENGTHENING HEALTH ADVOCACY CAPACITY, VISIBILITY AND SUSTAINABILITY: TO SUPPORT THE ENGAGEMENT AND ORGANIZING OF A MULTIGENERATIONAL BASE OF COMMUNITIES OF COLOR TO ADVOCATE AROUND ISSUES OF CRIMINALIZATION AND CIVIC PARTICIPATION TO IMPROVE HEALTH OUTCOMES IN SCHOOLS AND NEIGHBORHOODS THROUGHOUT CENTRAL ORANGE COUNTY. | $200,000 |
St Joseph Health System Foundation Irvine, CA PURPOSE: SPONSORSHIP | $167,500 |
Oneoc Santa Ana, CA PURPOSE: CAPACITY BUILDING | $161,435 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Common Counsel Foundation Oakland, CA | $96,797,040 | $85,692,119 |
Charitable Ventures Of Orangecounty Inc Santa Ana, CA | $10,052,402 | $22,734,403 |
Jacobs Center For Neighborhood Innovation San Diego, CA | $67,799,135 | $4,267,167 |
Horizons Foundation San Francisco, CA | $41,480,128 | $8,470,990 |
Satellite Affordable Housing Associates Property Management Berkeley, CA | $2,977,079 | $7,479,132 |
Impact Online Inc Pleasanton, CA | $7,315,523 | $8,512,412 |
Upstart Bay Area Oakland, CA | $5,268,133 | $7,572,356 |
Power California Los Angeles, CA | $5,114,857 | $3,690,526 |
Long Beach Nonprofit Partnership Long Beach, CA | $993,393 | $3,069,719 |
La Union Del Pueblo Entero Keene, CA | $5,952,315 | $4,158,568 |
Cfs Real Property Inc Ewa Beach, HI | $18,749,955 | $2,331,459 |
Compasspoint Nonprofit Services San Francisco, CA | $4,915,311 | $4,789,548 |