Vcbc

Nonprofit profile at a glance

EIN
202063973
IRS 990-EZ coverage
2021–2025
Forms available
Form 990-EZ 2025
Location
San Francisco, CA, USA
Rating
54
Verdict
MIXED
Rating confidence
Moderate
Sector
Chambers of Commerce & Business Leagues

Reported finances

Revenue
$195,410
Expenses
$162,497
Assets
$345,885
Liabilities
$158,559

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

Leadership & pay

11 people listed

People named in this filing

  • Anna Nitschke (Chairperson)
  • Spencer Ackermann (Chairperson)
  • Roger Lee (CFO)

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 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Professional Business League

What it reported doing in 2025

Virtual and in-person member education and networking events for accounting & finance professionals in the venture capital industry. Topics included treasury management banking software liquidity solutions portfolio construction tax and accounting.

Operating model

Revenue model
Donor-supported. 98% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 96% 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

MIXED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 26
  • Transparency & Controls: 82
  • Sustainability: 57
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 24.4%; rating input score 24
  • Program expense ratio: 29.4%; rating input score 29

Transparency & Controls

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

Sustainability

  • Operating margin: 16.8%; rating input score 67; 67th percentile among comparable filings
  • Total-asset coverage ratio: 2.13; rating input score 81; 81st percentile among comparable filings
  • Liabilities to assets ratio: 0.46; rating input score 9; 9th percentile among comparable filings
  • Officer compensation ratio: 37.5%; rating input score 9; 9th percentile among comparable filings

Growth

  • Program expense growth: 50.9% per year; rating input score 100; 91st percentile among comparable filings
  • Revenue growth: 27.9% per year; rating input score 100; 88th percentile among comparable filings
  • Asset growth: 32.6% per year; rating input score 100; 87th percentile among comparable filings

Details

  • Where the money goes: 24.4% of revenue deployed · 29.4% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $48K in reported program spending
  • Leadership: top reported pay $0 · 11 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 5 filing years from 2021 to 2025
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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 — Financial Efficiency: Mission deployment rate scored 24/100.
  • High — Financial Efficiency: Program expense ratio scored 29/100.
  • High — Sustainability: Liabilities to assets ratio scored 9/100.
  • High — Sustainability: Officer compensation ratio scored 9/100.