Social Ventures Foundation
- Assets
- $6.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Dover, NH
- Founding
- 07/2018
- Data as of
- 12/2023
- EIN
- 81-4489020
Organization Overview
Social Ventures Foundation is located in Dover, NH. The organization was established in 2018. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Social Ventures Foundation 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 12/2023, Social Ventures Foundation generated $113.4k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.4% each year. All expenses for the organization totaled $164.0k during the year ending 12/2023. While expenses have increased by 7.2% per year over the past 6 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
VET AND BUILD A DATABASE OF BUSINESSES AND STARTUPS WORLDWIDE THAT HAVE PRODUCTS & SERVICES AND/OR JOB PROGRAMS THAT SUSTANIABLEY LIFT THE LIVELIHOODS OF THE POOR. PROMOTING AND HONORING THE MOST OUTSTANDING STARTUPS & BUSINESSES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stuart Hart Chairman | 4 | $0 | |
John Chu Treasurer/se | 4 | $0 | |
Rilwan Meeran Director | 2 | $0 | |
Marc Blumenthal Director | 8 | $39,500 | |
Paul Polak Director | 2 | $0 | |
Julie Mcbride Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $113,426 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $113,426 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $9,150 |
| Professional fees and other payments to independent contractors | $14,088 |
| Occupancy, rent, utilities, and maintenance | $1,437 |
| Printing, publications, postage, and shipping | $28 |
| Other expenses | $139,286 |
| Total expenses | $163,989 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $6,483 |
| Other assets | $0 |
| Total assets | $6,483 |
| Total liabilities | $570,884 |
| Net assets or fund balances | -$564,401 |