Ventas Charitable Foundation Inc
Ventas Charitable Foundation consistently operates with zero officer compensation, drawing on substantial assets amidst fluctuating annual revenues and expenses.
EIN: 203959500 · Louisville, KY · NTEE: T21 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $5.6M |
| Total Expenses | $1.3M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $8,852,940 |
| Net Assets | $8.8M |
| Transparency Score | 85/100 |
Is Ventas Charitable Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ventas Charitable Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ventas Charitable Foundation Inc
Ventas Charitable Foundation Inc (EIN: 203959500) is a nonprofit organization based in Louisville, KY, classified under NTEE code T21. The organization reported total revenue of $5.6M and total assets of $8.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ventas Charitable Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ventas Charitable Foundation Inc is a mid-size nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -26.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $239K |
| Total Expenses | $1.3M |
| Surplus / Deficit | $-1,039,369 |
| Total Assets | $8.8M |
| Total Liabilities | $1 |
| Net Assets | $8.8M |
| Operating Margin | -435.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 82.8 months |
Financial Health Grade: B
In 2023, Ventas Charitable Foundation Inc reported a deficit of $1.0M with expenses exceeding revenue, holds 82.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Ventas Charitable Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -26.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -29.2% | +46.0% | -10.5% |
| 2022 | -71.4% | +6.9% | -5.2% |
| 2021 | +25.7% | +2.4% | +3.6% |
| 2020 | +79.3% | -11.2% | +1.4% |
| 2019 | -0.7% | +2.3% | -12.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Ventas Charitable Foundation Inc with a Mission Score of 85 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Ventas Charitable Foundation Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 deficit of $1.0M, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive salaries from the foundation, which is highly commendable for an organization of its asset size ($8,852,940 latest assets).
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.
Red Flags
The following concerns were identified during AI analysis of Ventas Charitable Foundation Inc's IRS 990 filings:
- Consistent annual deficits where expenses significantly exceed revenue in recent years (e.g., 2023, 2022, 2019), indicating reliance on asset drawdowns or investment income.
- Significant fluctuation in annual revenue, making future income projections less predictable.
Strengths
The following positive indicators were identified for Ventas Charitable Foundation Inc:
- Zero officer compensation reported across all filings, demonstrating excellent financial stewardship and a strong commitment to directing funds to mission.
- Maintains a substantial asset base ($8,852,940 latest assets), providing financial stability despite annual revenue fluctuations.
- Minimal liabilities reported consistently ($0 or $1), indicating strong financial health and responsible management.
- Long history of IRS 990 filings (10 filings), indicating transparency and consistent reporting.
Frequently Asked Questions about Ventas Charitable Foundation Inc
Is Ventas Charitable Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Ventas Charitable Foundation Inc (EIN: 203959500) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Ventas Charitable Foundation Inc spend its money?
Ventas Charitable Foundation Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Ventas Charitable Foundation Inc tax-deductible?
Ventas Charitable Foundation Inc is registered as a tax-exempt nonprofit (EIN: 203959500). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Ventas Charitable Foundation Inc CEO make?
Ventas Charitable Foundation Inc's highest-compensated officer earns $8,852,940 annually. The organization reported $5.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Ventas Charitable Foundation Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Ventas Charitable Foundation Inc is above average for NTEE category T21 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Ventas Charitable Foundation Inc located?
Ventas Charitable Foundation Inc is headquartered in Louisville, Kentucky and files with the IRS under EIN 203959500. It is classified under NTEE code T21.
How many years of IRS 990 filings does Ventas Charitable Foundation Inc have?
Ventas Charitable Foundation Inc has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $5.6M in total revenue.
How does Ventas Charitable Foundation Inc. cover its operational deficits when expenses exceed revenue, as seen in 2023 ($1,278,129 expenses vs. $238,760 revenue)?
The foundation likely covers these deficits by drawing from its substantial asset base, which was $8,817,056 in 2023, or from investment income not fully captured in the 'Revenue' figure provided.
What is the primary source of the foundation's revenue in recent years, given the significant drop from $10,101,097 in 2011?
While not explicitly detailed, the more modest and fluctuating annual revenues (e.g., $238,760 in 2023, $337,370 in 2022) suggest reliance on investment returns from its endowment, smaller contributions, or specific grants, rather than large, consistent donations.
Does the foundation have a clear strategy for long-term financial sustainability given the trend of expenses exceeding revenue in multiple recent years?
The consistent asset base, despite annual deficits, suggests a strategy that leverages its endowment. However, a detailed review of investment performance and spending policies would be needed to fully assess long-term sustainability.
Filing History
IRS 990 filing history for Ventas Charitable Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Ventas Charitable Foundation Inc's revenue has declined by 97.6%, moving from $10.1M to $239K. Total assets decreased by 23.7% over the same period, from $11.6M to $8.8M. Total functional expenses rose by 686.7%, from $162K to $1.3M. In its most recent filing year (2023), Ventas Charitable Foundation Inc reported a deficit of $1.0M, with expenses exceeding revenue. The organization holds $1 in liabilities against $8.8M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $8.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $239K | $1.3M | $8.8M | $1 | — | — |
| 2022 | $337K | $875K | $9.9M | $1 | — | View 990 |
| 2021 | $1.2M | $819K | $10.4M | $1 | — | View 990 |
| 2020 | $938K | $800K | $10.0M | $1 | — | View 990 |
| 2019 | $523K | $900K | $9.9M | $0 | — | View 990 |
| 2015 | $527K | $880K | $11.3M | $0 | — | View 990 |
| 2014 | $783K | $746K | $11.6M | $0 | — | View 990 |
| 2013 | $545K | $525K | $11.6M | $0 | — | View 990 |
| 2012 | $463K | $436K | $11.6M | $0 | — | View 990 |
| 2011 | $10.1M | $162K | $11.6M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $239K, expenses of $1.3M, and assets of $8.8M (revenue -29.2% year-over-year).
- 2022: Revenue of $337K, expenses of $875K, and assets of $9.9M (revenue -71.4% year-over-year).
- 2021: Revenue of $1.2M, expenses of $819K, and assets of $10.4M (revenue +25.7% year-over-year).
- 2020: Revenue of $938K, expenses of $800K, and assets of $10.0M (revenue +79.3% year-over-year).
- 2019: Revenue of $523K, expenses of $900K, and assets of $9.9M (revenue -0.7% year-over-year).
- 2015: Revenue of $527K, expenses of $880K, and assets of $11.3M (revenue -32.8% year-over-year).
- 2014: Revenue of $783K, expenses of $746K, and assets of $11.6M (revenue +43.7% year-over-year).
- 2013: Revenue of $545K, expenses of $525K, and assets of $11.6M (revenue +17.7% year-over-year).
- 2012: Revenue of $463K, expenses of $436K, and assets of $11.6M (revenue -95.4% year-over-year).
- 2011: Revenue of $10.1M, expenses of $162K, and assets of $11.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ventas Charitable Foundation Inc:
Data Sources and Methodology
This transparency report for Ventas Charitable 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.