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Nonprofit · EIN 91-1704028

VENTURES

Also known as WASHINGTON CASH

Tax-exempt · SEATTLE, WA 98144

Financials

$2.9M$3.4M2023$3.6M$3.5M2024
Revenue Expenses · by fiscal year end
Financials of VENTURES by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$3,586,357$3,517,792$68,565$3,739,386$899,444$2,839,942
December 31, 2023990$2,930,364$3,395,649-$465,285$3,751,244$983,091$2,768,153
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$3,441,076
of which government grants
$2,386,341
Program service revenue
$90,413
Investment income
$43,665
Net rental income
$13,725
Net income from fundraising events
-$3,572
Other revenue
$11,203

Expenses

Grants and similar amounts paid
$763,376
Compensation of officers, directors and key employees
$174,308
Other salaries and wages
$1,506,230
Salaries, compensation and benefits (total)
$2,105,209
Professional fundraising fees
$0
Accounting fees
$41,504
Occupancy
$87,685
Travel
$32,345
Depreciation
$17,596
Program services (functional)
$2,642,816
Management and general (functional)
$815,114
Fundraising (functional)
$59,862

Balance sheet and other

Total assets, start of year
$3,751,244
Total assets, end of year
$3,739,386
Total liabilities, end of year
$899,444
Net assets, end of year
$2,839,942
Land, buildings and equipment
$22,975
Net assets without donor restrictions
$2,539,943
Net assets with donor restrictions
$299,999
Gross receipts
$3,594,353
Employees
31
Volunteers
39
Year formed
1995
State of legal domicile
WA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
MONIQUE VALENZUELAEXECUTIVE DIRECTOR
Officer
40$158,525$15,792
RENEE MARTINPRESIDENT
Trustee or director, Officer
5$0$0
JAMIE SHERBONDYVICE PRESIDENT
Trustee or director, Officer
1.5$0$0
ERIK WINTERSTREASURER (OUTGOING)
Trustee or director, Officer
2$0$0
JOHN YUTREASURER
Trustee or director, Officer
1$0$0
JANET CAREAGADIRECTOR
Trustee or director
1$0$0
DOUG HALLDIRECTOR
Trustee or director
1$0$0
BRIAN JAEGERDIRECTOR
Trustee or director
1$0$0
PAUL OSHERDIRECTOR
Trustee or director
1$0$0
JONATHAN SHALLOWDIRECTOR
Trustee or director
1$0$0
DAVID SPICERDIRECTOR
Trustee or director
2$0$0
DIANNA WINEGARDENDIRECTOR
Trustee or director
1$0$0
CHRIS SILVADIRECTOR
Trustee or director
1$0$0
LIAM O'CONNORDIRECTOR
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 16 people
NameTitleHours / weekCompensationOther / benefits
LAURA DONALDSON-FLETCHERINTERIM EXECUTIVE DIRECTOR
Officer
40$134,330$50,703
MONIQUE VALENZUELAEXECUTIVE DIRECTOR
Officer
40$87,142$2,614
RENEE MARTINPRESIDENT
Trustee or director, Officer
5$0$0
OCTAIVIEA RENEEPRESIDENT
Trustee or director, Officer
3$0$0
RONNY MENDIETAVICE PRESIDENT
Trustee or director, Officer
2$0$0
LISA TAYLORSECRETARY
Trustee or director, Officer
2$0$0
ERIK WINTERSTREASURER
Trustee or director, Officer
2$0$0
JANET CAREAGADIRECTOR
Trustee or director
1$0$0
DOUG HALLDIRECTOR
Trustee or director
1$0$0
BRIAN JAEGERDIRECTOR
Trustee or director
1$0$0
PAUL OSHERDIRECTOR
Trustee or director
1$0$0
JONATHAN SHALLOWDIRECTOR
Trustee or director
1$0$0
JAMIE SHERBONDYDIRECTOR
Trustee or director
1.5$0$0
DAVID SPICERDIRECTOR
Trustee or director
2$0$0
DIANNA WINEGARDENDIRECTOR
Trustee or director
1$0$0
JOHN YUDIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
2100 24TH AVE S STE 380, SEATTLE, WA 98144-4646
In care of
% ELLIE MAYBEE
Principal officer (990 for 2024)
MONIQUE VALENZUELA, 2100 24TH AVE SOUTH SUITE 380, SEATTLE, WA 98144
Signed the 990
MONIQUE VALENZUELA, EXECUTIVE DIRECTOR
Phone
(206) 352-1945
Return prepared by
CLIFTONLARSONALLEN LLP

Mission

VENTURES' MISSION IS TO EMPOWER INDIVIDUALS WITH LIMITED RESOURCES AND UNLIMITED POTENTIAL TO IMPROVE THEIR LIVES THROUGH SMALL BUSINESS OWNERSHIP.

990 for the year ended December 31, 2024

Program accomplishments

  • WE ESTIMATE FINANCIAL PRODUCTS: $739,873 IN BUSINESS GRANTS AWARDED TO 126 BUSINESSES/INDIVIDUALS, 40 NEW LOANS TOTALING $61,606.
    Expenses $1,595,519 · grants $729,799 · revenue $5,560
  • WE ESTIMATE BUSINESS TRAINING COURSES, WORKSHOPS & COACHING: 9 ORIENTATION WORKSHOPS FOR 241 INDIVIDUALS, 10 BUSINESS BASICS COURSES FOR 200 CLIENTS PARTICIPATED AND 263 ADVANCED WORKSHOPS. PROVIDED 1,969 HOURS OF BUSINESS COACHING TO 369 CLIENTS.
    Expenses $773,030 · grants $17,577 · revenue $23,768
  • WE ESTIMATE BUSINESS INCUBATORS (RETAIL & FOOD): 42 ACTIVE RETAIL VENDORS, 1 RETAIL INCUBATOR STORE, IT IS A 50/50 CONSIGNMENT WITH OVER $66,997 GENERATED FOR CLIENTS THROUGH STORE.
    Expenses $274,267 · grants $16,000 · revenue $80,370

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
91-1704028
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1996
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B99)
Assets (IRS master file)
$3,739,386
Income (IRS master file)
$3,594,353

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$3,586,357$3,517,792$3,739,386IRS
990December 2023$2,930,364$3,395,649$3,751,244XML
990December 2022$2,657,913$2,919,986$3,910,500IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 91-1704028).

Questions about VENTURES

What is the EIN of VENTURES?
The employer identification number (EIN) of VENTURES is 91-1704028.
Is VENTURES tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
Are donations to VENTURES tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does VENTURES file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of VENTURES due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did VENTURES last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of VENTURES?
The 990 for the year ended December 31, 2024 names MONIQUE VALENZUELA.
Who are the officers and directors of VENTURES?
The 990 for the year ended December 31, 2024 lists 14 people; 1 received compensation from the organization, the highest $158,525 (MONIQUE VALENZUELA, EXECUTIVE DIRECTOR).
How much revenue does VENTURES have?
On its 990 for the year ended December 31, 2024 it reported revenue of $3,586,357, expenses of $3,517,792 and total assets of $3,739,386 at year end.

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