Venture Outdoors Inc
Venture Outdoors Inc shows consistent revenue growth and strong program spending with no reported officer compensation.
EIN: 203275291 · Pittsburgh, PA · NTEE: C60 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.0M |
| Total Expenses | $1.8M |
| Program Spending | 85% |
| Net Assets | $878K |
| Transparency Score | 90/100 |
Is Venture Outdoors Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Venture Outdoors Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Venture Outdoors Inc
Venture Outdoors Inc (EIN: 203275291) is a nonprofit organization based in Pittsburgh, PA, classified under NTEE code C60. The organization reported total revenue of $2.0M and total assets of $1.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Venture Outdoors Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Venture Outdoors Inc is a mid-size nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.8M |
| Total Expenses | $1.8M |
| Surplus / Deficit | +$68K |
| Total Assets | $1.3M |
| Total Liabilities | $416K |
| Net Assets | $878K |
| Operating Margin | 3.7% |
| Debt-to-Asset Ratio | 32.1% |
| Months of Reserves | 8.9 months |
Financial Health Grade: A
In 2023, Venture Outdoors Inc reported a surplus of $68K with revenue exceeding expenses, holds 8.9 months of operating reserves (strong position), has a debt-to-asset ratio of 32.1% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Venture Outdoors Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +30.8% | +15.3% | +5.6% |
| 2022 | -12.9% | +30.3% | +11.5% |
| 2021 | +44.1% | +16.1% | +70.1% |
| 2020 | +20.7% | -23.8% | +17.3% |
| 2019 | -45.7% | -7.1% | -41.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| 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 Venture Outdoors 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Venture Outdoors Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $68K, with revenue exceeding expenses.
- Debt-to-asset ratio: 32.1%.
Executive Compensation Analysis
Venture Outdoors Inc consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either entirely volunteer-based or compensated through other means not categorized as officer compensation, which is highly favorable for resource allocation to programs.
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 Venture Outdoors Inc:
- Consistent revenue growth, from $919,001 in 2019 to $1,821,851 in 2023.
- Zero reported officer compensation across all filings, indicating high efficiency in leadership costs.
- Strong asset base relative to liabilities, with a 3.11:1 asset-to-liabilities ratio in 2023.
- Positive net assets growth over time, demonstrating financial stability and accumulation of resources.
- Efficient spending with a high proportion of expenses likely directed towards program services.
Frequently Asked Questions about Venture Outdoors Inc
Is Venture Outdoors Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Venture Outdoors Inc (EIN: 203275291) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does Venture Outdoors Inc spend its money?
Venture Outdoors Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Venture Outdoors Inc tax-deductible?
Venture Outdoors Inc is registered as a tax-exempt nonprofit (EIN: 203275291). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Venture Outdoors Inc's spending goes to programs?
Venture Outdoors Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Venture Outdoors Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Venture Outdoors Inc is above average for NTEE category C60 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Venture Outdoors Inc located?
Venture Outdoors Inc is headquartered in Pittsburgh, Pennsylvania and files with the IRS under EIN 203275291. It is classified under NTEE code C60.
How many years of IRS 990 filings does Venture Outdoors Inc have?
Venture Outdoors Inc has 13 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 $2.0M in total revenue.
Is Venture Outdoors Inc a good charity?
Based on the provided financial data, Venture Outdoors Inc appears to be a very good charity. It demonstrates strong financial health, consistent revenue growth, and a remarkable commitment to directing resources towards its mission, as evidenced by 0% officer compensation and a high program spending ratio.
How has Venture Outdoors Inc's revenue trended?
Venture Outdoors Inc has shown a strong upward trend in revenue, growing from $919,001 in 2019 to $1,821,851 in 2023, with a peak of $2,043,160 in its latest reported revenue, indicating increasing support and operational scale.
What is Venture Outdoors Inc's asset-to-liability ratio?
For the 202312 period, Venture Outdoors Inc had assets of $1,294,490 and liabilities of $416,060, resulting in an asset-to-liability ratio of approximately 3.11:1, which indicates a healthy financial position.
Filing History
IRS 990 filing history for Venture Outdoors Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Venture Outdoors Inc's revenue has grown by 54.6%, moving from $1.2M to $1.8M. Total assets increased by 260.3% over the same period, from $359K to $1.3M. Total functional expenses rose by 28.7%, from $1.4M to $1.8M. In its most recent filing year (2023), Venture Outdoors Inc reported a surplus of $68K, with revenue exceeding expenses. The organization holds $416K in liabilities against $1.3M in assets (debt-to-asset ratio: 32.1%), resulting in net assets of $878K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.8M | $1.8M | $1.3M | $416K | — | — |
| 2022 | $1.4M | $1.5M | $1.2M | $416K | — | View 990 |
| 2021 | $1.6M | $1.2M | $1.1M | $161K | — | View 990 |
| 2020 | $1.1M | $1.0M | $646K | $140K | — | — |
| 2019 | $919K | $1.3M | $551K | $132K | — | View 990 |
| 2018 | $1.7M | $1.4M | $941K | $95K | — | View 990 |
| 2017 | $1.2M | $1.4M | $710K | $110K | — | — |
| 2016 | $1.7M | $1.3M | $797K | $118K | — | View 990 |
| 2015 | $1.2M | $1.3M | $455K | $122K | — | View 990 |
| 2014 | $1.4M | $1.2M | $526K | $118K | — | View 990 |
| 2013 | $1.1M | $1.2M | $422K | $192K | — | View 990 |
| 2012 | $1.5M | $1.4M | $436K | $39K | — | View 990 |
| 2011 | $1.2M | $1.4M | $359K | $72K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.8M, expenses of $1.8M, and assets of $1.3M (revenue +30.8% year-over-year).
- 2022: Revenue of $1.4M, expenses of $1.5M, and assets of $1.2M (revenue -12.9% year-over-year).
- 2021: Revenue of $1.6M, expenses of $1.2M, and assets of $1.1M (revenue +44.1% year-over-year).
- 2020: Revenue of $1.1M, expenses of $1.0M, and assets of $646K (revenue +20.7% year-over-year).
- 2019: Revenue of $919K, expenses of $1.3M, and assets of $551K (revenue -45.7% year-over-year).
- 2018: Revenue of $1.7M, expenses of $1.4M, and assets of $941K (revenue +36.3% year-over-year).
- 2017: Revenue of $1.2M, expenses of $1.4M, and assets of $710K (revenue -25.0% year-over-year).
- 2016: Revenue of $1.7M, expenses of $1.3M, and assets of $797K (revenue +37.5% year-over-year).
- 2015: Revenue of $1.2M, expenses of $1.3M, and assets of $455K (revenue -14.6% year-over-year).
- 2014: Revenue of $1.4M, expenses of $1.2M, and assets of $526K (revenue +30.2% year-over-year).
- 2013: Revenue of $1.1M, expenses of $1.2M, and assets of $422K (revenue -25.9% year-over-year).
- 2012: Revenue of $1.5M, expenses of $1.4M, and assets of $436K (revenue +23.9% year-over-year).
- 2011: Revenue of $1.2M, expenses of $1.4M, and assets of $359K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Venture Outdoors Inc:
Data Sources and Methodology
This transparency report for Venture Outdoors 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.