Community Ventures
Nonprofit profile at a glance
- EIN
- 010919727
- IRS 990 coverage
- 2012–2025
- Forms available
- Form 990 2025, Form 990-EZ 2015
- Location
- Fremont, CA, USA
- Phone
- 5105291860
- Rating
- 74
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Community, Neighborhood Development
Reported finances
- Revenue
- $267,247
- Expenses
- $277,663
- Assets
- $924,576
- Liabilities
- $599,075
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- JENNIFER KASSAN (President)
People named in this filing
- JENNIFER KASSAN (President)
- WILLIAM STERN (SEC. AND TREAS.)
- LISA HATAMOTO (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. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The organization's mission is to promote principles and policies for community economic development through the support of locally owned small businesses that are rooted in and dedicated to the communities where they are located and that prevent leakage of local dollars.
What it reported doing in 2025
Invest in Women Entrepreneurs:1. Researched and promoted impacts of Womens Business Centers in CA.2. Built financial capacity of 3 organizations serving women entrepreneurs: the CA WBC Network; Assoc. of Womens Business Centers and Skys the Limit; secured a professional PR firm to raise public awareness of economic impacts of WBCs in CA.3. 6 students served by advocacy training and trip to DC to meet with elected officials and government agencies; recruited 6 students for 2026 year.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 81
- Transparency & Controls: 92
- Accountability: 57
- Sustainability: 42
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 92.8%; rating input score 93
- Program expense ratio: 89.3%; rating input score 89
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 66.7%; rating input score 67; 21st percentile among comparable filings
- Governance controls: 3 of 7 controls in place; rating input score 43
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -3.9%; rating input score 27; 27th percentile among comparable filings
- Total-asset coverage ratio: 3.33; rating input score 71; 71st percentile among comparable filings
- Liabilities to assets ratio: 0.65; rating input score 7; 7th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 67; 67th percentile among comparable filings
Growth
- Program expense growth: -12.9% per year; rating input score 0; 9th percentile among comparable filings
- Revenue growth: -3.9% per year; rating input score 0; 10th percentile among comparable filings
- Asset growth: 11.7% per year; rating input score 100; 68th percentile among comparable filings
Details
- Where the money goes: 92.8% of revenue deployed · 89.3% of spending went to programs
- Governance: 2 of 3 board members independent · 3 of 7 filing controls reported
- Programs: 4 filed program accomplishments · $248K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 23 of 23 current checks pass
- Schedules: 5 filed schedules · includes major donors
- Filing history: 11 filing years from 2012 to 2025
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- 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.
- Moderate — Accountability: Governance controls: 3 of 6 not reported.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 27/100.
- High — Sustainability: Liabilities to assets ratio scored 7/100.