New Venture Fund

94%

Four-Star Charity

Impact & Measurement

Accountability & Finance

Culture & Community

Leadership & Adaptability

New Venture Fund

Is this your nonprofit?

501(c)(3) organization

Donations are tax-deductible

WWW.NEWVENTUREFUND.ORG

1828 L STREET NW SUITE 300-A

Washington DC 20036-5109

202-595-1061

Washington DC | IRS ruling year: 2007 | EIN: 20-5806345

An EIN is a unique nine-digit number that identifies a business for tax purposes.

Organization Mission

NEW VENTURE FUND, A 501(C)(3) NONPROFIT ORGANIZATION, AIMS TO HELP BUILD A JUST, EQUITABLE, AND SUSTAINABLE FUTURE BY GETTING THE RIGHT TYPES OF PHILANTHROPIC CAPITA ...

(More)

Rating Information

Great

This charity's score is 94%, earning it a Four-Star rating. If this organization aligns with your passions and values, you can give with confidence.

This overall score is calculated entirely from a single beacon score, weighted as follows: 100% Accountability & Finance. Learn more about our criteria and methodology.

Historical Ratings

Accountability & Finance

Score

94

Most Recent Fiscal Year:
FY 2022

This beacon provides an assessment of a charity's financial health (financial efficiency, sustainability, and trustworthiness) and its commitment to governance practices and policies.

Learn more

Key Accountability Metrics

Full Credit

Partial Credit

No Credit

Majority Independent Board Members - 100% independent members

6 out of 6 points

Independent Board Size - 6 independent members

6 out of 6 points

Financial Statements - Audit

6 out of 12 points

Total Revenue Amount	Expectation to Receive Credit
$2 million or higher and 40% or higher donor support	Expected to complete an audit and have an audit oversight committee
$1 million or higher	Expected to complete an audit
$500,000 - $1 million	Expected to complete an audit, review, or compilation
Less than $500,000	No expectation (removed from scoring methodology)

Material Diversion of Assets - None

12 out of 12 points

Tax Form Disclosures and Policies

Full Credit

Partial Credit

No Credit

Website Listed on Tax Form - Listed

3 out of 3 points

Conflict of Interest Policy - Listed

5 out of 5 points

Whistleblower Policy - Listed

5 out of 5 points

Document Retention and Destruction - Listed

5 out of 5 points

Documents Board Meeting Minutes - Yes

3 out of 3 points

Compensates Board - No

5 out of 5 points

Tax Form Distributed to Board Before Filing - Listed

3 out of 3 points

Loans to/from Officers - None

5 out of 5 points

Reports CEO and Compensation on Tax Form - Listed

5 out of 5 points

CEO Compensation Process - Listed

5 out of 5 points

Website Disclosures

Full Credit

Partial Credit

No Credit

Tax Form Posted on Nonprofit's Website - Listed

5 out of 5 points

Audit Posted on Nonprofit's Website - Missing

0 out of 5 points

Staff Members Listed on Nonprofit's Website - Listed

3 out of 3 points

Board Members Posted on Nonprofit's Website - Listed

5 out of 5 points

Donor Privacy Policy Posted on Nonprofit's Website - Listed, but is opt-out

1 out of 2 points

Financial Metrics

Full Credit

Partial Credit

No Credit

Liabilities to Assets: Ratio - 13.64%

25 out of 25 points

Program Expense: Ratio - 94.70%

25 out of 25 points

Fundraising Efficiency: Ratio - $0.00

25 out of 25 points

Working Capital: Ratio - 1.32 years

25 out of 25 points

Additional Information

Total Revenue and Expenses - Data Available

Salary of Key Persons - Data Available

IRS Published Data (Business Master File) - Data Available

Data Sources (IRS Forms 990) - Data Available