Social Venture Partners Tucson
- Assets
- $744.4k
- Revenue
- $973.7k
- Investments
- $0.0
- Employees
- 5
- Location
- Tucson, AZ
- Founding
- 03/2018
- Data as of
- 06/2022
- EIN
- 82-2964855
Organization Overview
Social Venture Partners Tucson is located in Tucson, AZ. The organization was established in 2018. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 06/2022, Social Venture Partners Tucson employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Social Venture Partners Tucson 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 06/2022, Social Venture Partners Tucson generated $973.7k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 22.4% each year . All expenses for the organization totaled $865.4k during the year ending 06/2022. While expenses have increased by 19.8% per year over the past 5 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 2018, Social Venture Partners Tucson has awarded 47 individual grants totaling $812,500. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
SVP TUCSON IS AN EVER EXPANDING COMMUNITY OF ENGAGED PHILANTHROPISTS DEDICATED TO BUILDING THE CAPACITY, STRENGTH AND IMPACT OF NONPROFITS IN ADDRESSING SOCIAL PROBLEMS. WE ACCOMPLISH THIS THROUGH: THOUGHTFUL AND STRATEGIC INVESTMENTS AND COLLABORATIONS OUR PARTNERS ENGAGEMENT AND EXPERTISE, AND INSPIRING AND EQUIPPING PARTNERS TO BE MORE STRATEGIC AND EFFECTIVE WITH THEIR GIVING
Describe the Organization's Program Activity:
Part 3 - Line 4a
SVP CULTIVATES EFFECTIVE PHILANTHROPISTS, STRENGTHENS NONPROFITS, AND INVESTS IN COLLABORATIVE SOLUTIONS BUILDING POWERFUL RELATIONSHIPS TO TACKLE OUR COMMUNITYS SOCIAL CHALLENGES. SVP AMPLIFIES THE IMPACT OF THOSE OUT TO DO GOOD IN THREE DISTINCT WAYS: THOUGHTFUL AND STRATEGIC INVESTMENTS AND COLLABORATIONS OUR PARTNERS' ENGAGEMENT AND EXPERTISE, AND INSPIRING AND EQUIPPING PARTNERS TO BE MORE STRATEGIC AND EFFECTIVE WITH THEIR GIVING
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Aaron Rottenstein Chair | OfficerTrustee | 4 | $0 |
Liz Kanter Groskind Vice Chair | OfficerTrustee | 3 | $0 |
Anne Maley Treasurer | OfficerTrustee | 4 | $0 |
Eric Kutscher Secretary | OfficerTrustee | 2 | $0 |
Peggy Goulding Director | Trustee | 4 | $0 |
Cristie Street Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $338,739 |
| Related organizations | $24,250 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $647,154 |
| Noncash contributions included in lines 1a–1f | $31,731 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,010,143 |
| Total Program Service Revenue | $0 |
| Investment income | $160 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$36,650 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $973,653 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $253,000 |
| 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. | $129,953 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $235,877 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $36,781 |
| Payroll taxes | $29,170 |
| Fees for services: Management | $8,000 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,935 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $4,183 |
| Fees for services: Other | $85,795 |
| Advertising and promotion | $6,236 |
| Office expenses | $9,362 |
| Information technology | $3,967 |
| Royalties | $0 |
| Occupancy | $14,795 |
| Travel | $2,578 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $31,355 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,662 |
| All other expenses | $0 |
| Total functional expenses | $865,399 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $683,973 |
| Pledges and grants receivable | $60,000 |
| 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 | $463 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $744,436 |
| Accounts payable and accrued expenses | $28,610 |
| Grants payable | $0 |
| Deferred revenue | $350,242 |
| 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 | $378,852 |
| Net assets without donor restrictions | $303,086 |
| Net assets with donor restrictions | $62,498 |
| 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 | $744,436 |
Grants Awarded
Over the last fiscal year, Social Venture Partners Tucson has awarded $253,000 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
INTERFAITH COMMUNITY SERVICES PURPOSE: GENERAL SUPPORT | $15,000 |
MAKE WAY FOR BOOKS PURPOSE: GENERAL SUPPORT | $25,000 |
JOBPATH INC PURPOSE: GENERAL SUPPORT | $25,000 |
BOYS TO MEN TUCSON INC PURPOSE: GENERAL SUPPORT | $25,000 |
EDGE SCHOOL INC PURPOSE: GENERAL SUPPORT | $7,520 |
AMISTAD Y SALUD PURPOSE: GENERAL SUPPORT | $20,620 |