Publicprivate Ventures

Nonprofit profile at a glance

EIN
232048721
IRS 990 coverage
2009–2010
Forms available
Form 990 2010
Location
Philadelphia, PA, USA
Phone
2155574400
Rating confidence
Limited
Sector
Research Institutes and Public Policy Analysis

Official website

Reported finances

Revenue
$13,798,074
Expenses
$17,067,595
Assets
$8,954,341
Liabilities
$2,377,541

Source: IRS Form 990. Selected filing: tax year 2010. Amounts in USD.

Leadership & pay

24 people listed

Source: IRS Form 990. Selected filing: tax year 2010. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

P/pv partners with organizations to improve their effectiveness in helping young people from high poverty communities successfully transition to adulthood.

What it reported doing in 2010

Program effectiveness: p/pv aims to help programs embrace effective program strategies and to abandon ineffective ones by providing selective technical assistance(particularly around the use of data and evaluation to improve program outcomes); designing and managing select demonstration projects; and facilitating in-person and online workshops, conference and leadership academies.

Operating model

Revenue model
Grant-funded. 64% of the money available for current operations came from government grants.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 79
  • Accountability: 95
  • Sustainability: 16
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 59th percentile among comparable filings
  • Pay-setting controls: 2 of 6 controls in place; rating input score 33
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 92.3%; rating input score 92; 29th 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: -23.7%; rating input score 2; 2nd percentile among comparable filings
  • Total-asset coverage ratio: 0.52; rating input score 22; 22nd percentile among comparable filings
  • Liabilities to assets ratio: 0.27; rating input score 64; 64th percentile among comparable filings
  • Officer compensation ratio: 12.2%; rating input score 7; 7th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 30% per year; rating input score 100; 93rd percentile among comparable filings
  • Asset growth: -24.7% per year; rating input score 0; 3rd percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 12 of 13 board members independent · 9 of 9 filing controls reported
  • Programs: 2 filed program accomplishments · $14.3M in reported program spending
  • Leadership: top reported pay $310K · 24 people listed · 2 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed
  • Consistency: 27 of 27 current checks pass
  • Schedules: 5 filed schedules · includes major donors and executive pay
  • Filing history: 2 filing years from 2009 to 2010
  • 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.

  • High — Sustainability: Operating margin scored 2/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 22/100.
  • High — Sustainability: Officer compensation ratio scored 7/100.