Community Ventures

Nonprofit profile at a glance

EIN
232462126
IRS 990 coverage
2020–2025
Forms available
Form 990 2025
Location
Philadelphia, PA, USA
Phone
2155646004
Rating
94
Verdict
STRONG
Rating confidence
Standard
Sector
Public Foundations

Reported finances

Revenue
$19,309,937
Expenses
$18,210,733
Assets
$26,334,375
Liabilities
$4,008,762

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • DAVID LAFONTAINE (EXECUTIVE DIRECTOR)

Highest reported compensation

  • DAVID LAFONTAINE (EXECUTIVE DIRECTOR): $160,976 total reported compensation
  • TROY HANNIGAN (DIRECTOR OF DEVELOPMENT): $160,575 total reported compensation
  • CYNTIA FORTUNE (FINANCIAL CONTROLLER): $134,255 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Community ventures mission is to work in partnership with neighborhood-based organizations to improve communities and to increase the supply of affordable housing. Community ventures has developed over 500 units for affordable housing, 13,000 sf of commercial space, and green spaces and manages 325 residential rental units.

What it reported doing in 2025

Philadelphia rebuild - philadelphia rebuild is the city of philadelphias rebuilding community infrastructure program to invest over $500 million into the citys parks, recreation centers, and libraries. Community ventures was chosen to develop and supervise five projects and the philadelphia rebuild program. Community ventures manages these rebuild projects through community engagement, design, and construction in partnership with residents, the city, and additional state grants. The majority of vendors involved are contracted to community ventures and invoice community ventures even though the vendors are actually paid by the city of philadelphia. For the purposes of this tax return, these transactions are not deemed to be community ventures transactions and are included as revenue and expenses.

Operating model

Revenue model
Earned-program. 94% of the money available for current operations came from fees and other program revenue.
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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 91
  • Transparency & Controls: 100
  • Accountability: 100
  • Sustainability: 49
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 89%; rating input score 89
  • Program expense ratio: 95.1%; rating input score 95
  • Fundraising efficiency: $100.07 raised per $1 spent on fundraising; rating input score 85; 85th percentile among comparable filings

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: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 5.7%; rating input score 46; 46th percentile among comparable filings
  • Total-asset coverage ratio: 1.45; rating input score 40; 40th percentile among comparable filings
  • Liabilities to assets ratio: 0.15; rating input score 58; 58th percentile among comparable filings
  • Officer compensation ratio: 2.5%; rating input score 77; 77th percentile among comparable filings

Growth

  • Program expense growth: 50.7% per year; rating input score 100; 97th percentile among comparable filings
  • Revenue growth: 39% per year; rating input score 100; 97th percentile among comparable filings
  • Asset growth: 7.8% per year; rating input score 100; 55th percentile among comparable filings

Details

  • Where the money goes: 89% of revenue deployed · 95.1% of spending went to programs
  • Governance: 5 of 5 board members independent · 9 of 9 filing controls reported
  • Programs: 2 filed program accomplishments · $17.3M in reported program spending
  • Leadership: top reported pay $161K · 8 people listed
  • Consistency: 27 of 27 current checks pass
  • Schedules: 5 filed schedules · includes major donors
  • Filing history: 5 filing years from 2020 to 2025
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • Related organizations: 19 filed related-organization links
  • 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 — Sustainability: Operating margin scored 46/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 40/100.
  • Review — Sustainability: Liabilities to assets ratio scored 58/100.