Ben & Laura Venuti Foundation

Nonprofit profile at a glance

EIN
990390162
IRS 990-EZ coverage
2024–2024
Forms available
Form 990 2023, Form 990-EZ 2024
Location
Saint George, UT, USA
Phone
4352298709
Rating
73
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Fund Raising and Fund Distribution

Reported finances

Revenue
$7,903
Expenses
$12,847
Assets
$185,146
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • BENTON AUGUSTUS VENUTI (PRESIDENT/TREASURER/DIRECTOR)

People named in this filing

  • ROXANE DEMILLE (DIRECTOR)
  • BENTON AUGUSTUS VENUTI (PRESIDENT/TREASURER/DIRECTOR)
  • LAURA JEAN WELKER-VENUTI (VP/SECRETARY/DIRECTOR)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To support humanitarian relief

What it reported doing in 2024

The nonprofit was created for the purpose of (1) providing humanitarian relief to individuals and families who are struggling to meet their basic needs, (2) providing financial assistance to individuals and families struggling to cover basic necessities, medical bills or to hospitals themselves, (3) support community sports organizations and elementary education to provide for the education of the next generation, and (4) organizations that provide scholarships. In 2024, a $6,800 donation was made to replace a broken heating system for a family struggling to support themselves.

Operating model

Revenue model
Other-operating. 100% of the money available for current operations came from other operating revenue.
Distribution model
Grant intermediary. The nonprofit sent 98% of its reported program spending out as grants.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of total spending goes to programs and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 75
  • Transparency & Controls: 82
  • Sustainability: 47
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 87.6%; rating input score 88
  • Program expense ratio: 53.9%; rating input score 54

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -62.6%; rating input score 11; 11th percentile among comparable filings
  • Total-asset coverage ratio: 14.41; rating input score 94; 94th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -184.8% per year; rating input score 0; 0th percentile among comparable filings
  • Asset growth: -2.6% per year; rating input score 0; 30th percentile among comparable filings

Details

  • Where the money goes: 87.6% of revenue deployed · 53.9% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $7K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 1 filed related-organization link
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Financial Efficiency: Program expense ratio scored 54/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 11/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.