Venice Presbyterian Church Foundation Inc
Venice Presbyterian Church Foundation Inc reports substantial asset growth with minimal expenses and no officer compensation in its latest filing.
EIN: 203654776 · Venice, FL · NTEE: X12 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.4M |
| Total Expenses | $1K |
| Program Spending | 95% |
| CEO/Top Officer Pay | $1.7 |
| Net Assets | $663K |
| Transparency Score | 90/100 |
Search Intent Cockpit
Venice Presbyterian Church Foundation Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals
Venice Presbyterian Church Foundation Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Venice Presbyterian Church Foundation Inc in one place.
Form 990 Filing Summary
1 filing year are available, with latest revenue of $664K and expenses of $1K.
Revenue and Expenses
Venice Presbyterian Church Foundation Inc reported $664K in revenue and $1K in expenses, a surplus of $663K.
Executive Compensation
Top officer compensation appears as $1.7 in the stored analysis, with context against revenue and expenses below.
Charity Score and Red Flags
90/100 mission score, 0 red flags, and 4 strengths are shown from structured and AI review.
Is Venice Presbyterian Church Foundation Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $1K (95%) |
Across stored filings, Venice Presbyterian Church Foundation Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Appears Legitimate | Limited filing record; no red flags identified |
| Mission spend | 95% to programs | Excellent |
| Financial durability | Grade A | 1 stored filing year |
| Peer context | Compare with Cornelia Warren Community Assn Inc | Florida and Religion context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
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Local and Sector Spokes
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Keep the Investigation Moving
Venice Presbyterian Church Foundation Inc directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Venice Presbyterian Church Foundation Inc
Venice Presbyterian Church Foundation Inc (EIN: 203654776) is a nonprofit organization based in Venice, FL, classified under NTEE code X12. The organization reported total revenue of $1.4M and total assets of $1.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Venice Presbyterian Church Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Venice Presbyterian Church Foundation Inc is a mid-size nonprofit that has been operating for 2 years.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $664K |
| Total Expenses | $1K |
| Surplus / Deficit | +$663K |
| Total Assets | $663K |
| Net Assets | $663K |
| Operating Margin | 99.8% |
| Months of Reserves | 5906.6 months |
Financial Health Grade: A
In 2023, Venice Presbyterian Church Foundation Inc reported a surplus of $663K with revenue exceeding expenses, holds 5906.6 months of operating reserves (strong position).
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2024 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Venice Presbyterian Church Foundation Inc with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Venice Presbyterian Church Foundation Inc allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $663K, with revenue exceeding expenses.
Executive Compensation Analysis
Officer compensation was reported as 0% in the 202312 filing, indicating that no salaries were paid to officers, which is highly efficient for an organization of its size with assets exceeding $1.7 million.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Venice Presbyterian Church Foundation Inc:
- Extremely low administrative expenses ($1,346 in 202312) relative to revenue and assets.
- No officer compensation reported in the 202312 filing, indicating volunteer leadership or highly efficient management.
- Strong financial stability with $1,722,821 in assets and $0 liabilities.
- Significant asset growth demonstrated by the difference between revenue and expenses in the 202312 filing.
Frequently Asked Questions about Venice Presbyterian Church Foundation Inc
Is Venice Presbyterian Church Foundation Inc a legitimate charity?
Venice Presbyterian Church Foundation Inc (EIN: 203654776) is a registered tax-exempt nonprofit based in Florida. Our AI analysis gives it a Mission Score of 90/100. Total revenue: $1.4M. No red flags identified. 4 strengths noted. Financial health grade: A.
How does Venice Presbyterian Church Foundation Inc spend its money?
Venice Presbyterian Church Foundation Inc directs 95% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Venice Presbyterian Church Foundation Inc tax-deductible?
Venice Presbyterian Church Foundation Inc is registered as a tax-exempt nonprofit (EIN: 203654776). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Venice Presbyterian Church Foundation Inc CEO make?
Venice Presbyterian Church Foundation Inc's highest-compensated officer earns $1.7 annually. The organization reported $1.4M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Venice Presbyterian Church Foundation Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Venice Presbyterian Church Foundation Inc is above average for NTEE category X12 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Venice Presbyterian Church Foundation Inc located?
Venice Presbyterian Church Foundation Inc is headquartered in Venice, Florida and files with the IRS under EIN 203654776. It is classified under NTEE code X12.
Is Venice Presbyterian Church Foundation Inc primarily an endowment or a program-delivery organization?
Based on the 202312 filing showing $663,865 in revenue and only $1,346 in expenses, it appears to function primarily as an endowment or asset-holding entity for the church, rather than a direct program-delivery organization with significant operational costs.
How does the organization utilize its significant assets?
With assets of $1,722,821 and minimal expenses, the organization likely invests these funds to generate income, which then supports the Venice Presbyterian Church or its related ministries, aligning with its foundation structure.
Filing History
IRS 990 filing history for Venice Presbyterian Church Foundation Inc showing financial trends over 1 year of public records:
In its most recent filing year (2023), Venice Presbyterian Church Foundation Inc reported a surplus of $663K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $664K | $1K | $663K | $0 | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Venice Presbyterian Church Foundation Inc:
Data Sources and Methodology
This transparency report for Venice Presbyterian Church Foundation Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.