Ventura College Foundation
EIN: 770037747 · Ventura, CA · NTEE: B114
Is Ventura College Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Ventura College Foundation
Ventura College Foundation (EIN: 770037747) is a nonprofit organization based in Ventura, CA, classified under NTEE code B114. The organization reported total revenue of $14.7M and total assets of $37.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ventura College Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Ventura College Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Ventura College Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Frequently Asked Questions about Ventura College Foundation
Is Ventura College Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Ventura College Foundation (EIN: 770037747) insufficient data. 0 red flags identified, 0 strengths noted.
How does Ventura College Foundation spend its money?
Detailed spending breakdown data is not yet available for Ventura College Foundation. Check back for updated IRS 990 analysis.
Are donations to Ventura College Foundation tax-deductible?
Ventura College Foundation is registered as a tax-exempt nonprofit (EIN: 770037747). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Ventura College Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Ventura College Foundation's revenue has grown by 32.6%, moving from $2.3M to $3.0M. Total assets increased by 298.2% over the same period, from $7.4M to $29.6M. Total functional expenses rose by 67.3%, from $1.9M to $3.2M. In its most recent filing year (2023), Ventura College Foundation reported a deficit of $139K, with expenses exceeding revenue. The organization holds $1.3M in liabilities against $29.6M in assets (debt-to-asset ratio: 4.5%), resulting in net assets of $28.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $3.0M | $3.2M | $29.6M | $1.3M | — | View 990 |
| 2022 | $4.1M | $3.0M | $28.3M | $1.1M | — | View 990 |
| 2021 | $2.4M | $2.4M | $32.5M | $1.3M | — | — |
| 2020 | $2.9M | $2.6M | $27.7M | $1.3M | — | View 990 |
| 2019 | $5.4M | $2.5M | $27.1M | $1.1M | — | View 990 |
| 2018 | $15.2M | $2.2M | $24.6M | $1.2M | — | View 990 |
| 2017 | $2.8M | $2.4M | $11.4M | $1.2M | — | View 990 |
| 2016 | $3.1M | $2.2M | $10.8M | $1.1M | — | View 990 |
| 2015 | $2.4M | $2.3M | $9.8M | $955K | — | View 990 |
| 2014 | $2.5M | $2.1M | $9.8M | $672K | — | View 990 |
| 2013 | $2.6M | $2.3M | $8.5M | $455K | — | View 990 |
| 2012 | $2.3M | $1.9M | $7.9M | $377K | — | View 990 |
| 2011 | $2.3M | $1.9M | $7.4M | $470K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.0M, expenses of $3.2M, and assets of $29.6M (revenue -26.3% year-over-year).
- 2022: Revenue of $4.1M, expenses of $3.0M, and assets of $28.3M (revenue +70.0% year-over-year).
- 2021: Revenue of $2.4M, expenses of $2.4M, and assets of $32.5M (revenue -15.3% year-over-year).
- 2020: Revenue of $2.9M, expenses of $2.6M, and assets of $27.7M (revenue -47.2% year-over-year).
- 2019: Revenue of $5.4M, expenses of $2.5M, and assets of $27.1M (revenue -64.3% year-over-year).
- 2018: Revenue of $15.2M, expenses of $2.2M, and assets of $24.6M (revenue +445.6% year-over-year).
- 2017: Revenue of $2.8M, expenses of $2.4M, and assets of $11.4M (revenue -9.5% year-over-year).
- 2016: Revenue of $3.1M, expenses of $2.2M, and assets of $10.8M (revenue +28.3% year-over-year).
- 2015: Revenue of $2.4M, expenses of $2.3M, and assets of $9.8M (revenue -4.3% year-over-year).
- 2014: Revenue of $2.5M, expenses of $2.1M, and assets of $9.8M (revenue -3.3% year-over-year).
- 2013: Revenue of $2.6M, expenses of $2.3M, and assets of $8.5M (revenue +12.2% year-over-year).
- 2012: Revenue of $2.3M, expenses of $1.9M, and assets of $7.9M (revenue +0.8% year-over-year).
- 2011: Revenue of $2.3M, expenses of $1.9M, and assets of $7.4M.
Data Sources and Methodology
This transparency report for Ventura College Foundation 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.