Good Ventures in Mountain View, California (CA)

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Good Ventures
Employer Identification Number (EIN)452757586
Name of OrganizationGood Ventures
In Care of NameSilicon Valley Community Found
Address2440 W El Camino Real Ste 300, Mountain View, CA 94040-1498
SubsectionCharitable Organization, Educational Organization
Ruling Date09/2012
DeductibilityContributions are deductible
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$50,000,000 to greater
Income$50,000,000 to greater
Filing Requirement990 (all other) or 990EZ return
Asset Amount$148,471,980
Amount of Income$192,470,188
Form 990 Revenue Amount$81,126,361
National Taxonomy of Exempt Entities (NTEE)Human Services - Multipurpose and Other: Single Organization Support


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Amount of income in 2013: $192,470,188 (it was $105,222,822 in 2012)
Good Ventures: 

 $192,470,188
Other organizations performing similar types of work: 

 $108,668

Assets in 2013: $148,471,980 (it was $74,128,134 in 2012)
This organization: 

 $148,471,980
Other organizations performing similar types of work: 

 $203,425

Expenses in 2012: $5,731,585
Good Ventures: 

 $5,731,585
Other organizations performing similar types of work: 

 $51,903

Income to expenses ratio in 2012: 33.6
This organization: 

 33.6
Other organizations performing similar types of work: 

 2.4

Grants share in income in 2012: 99.3%
This organization: 

 99.3%
Other organizations performing similar types of work: 

 33.3%

Financial snapshot ($)

Revenue for 2012

Statements Regarding Other IRS Filings and Tax Compliance (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2012)
Total revenue$79,828,870
Contributions, Gifts, Grants and Other Similar Amounts$79,272,604
Program Service Revenue$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$872,817
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net loss from sales of assets other than inventory$-316,551
Gross amount from sales of assets other than inventory (Securities / Other)$25,077,401 / $0
Less: cost or other basis and sales expenses (Securities / Other)$25,393,952 / $0
Gain or (loss) (Securities / Other)$-316,551 / $0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2012)
Total functional expenses$5,731,585
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$105,488
Payroll taxes$8,821
Professional fundraising services$0
Other$5,617,276
Balance Sheet (for 2012)
Total assets$74,128,134
Total liabilities$13,333
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$0
Unsecured notes and loans payable to unrelated third parties$0
Other$13,333
Total net assets or fund balances$74,114,801
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2)
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Good Ventures2440 W El Camino Real Ste 300, Mountain View, CA 94040-1498CA2012-09$192,470,188
2Hawaii Leadership Forum720 University Ave, Los Gatos, CA 95032-7609CA2012-07$1,300,000
3Erc Qalicb Inc, Erc Qalicb3075 Adeline St, Berkeley, CA 94703-2576CA2011-10$1,054,029
4Rotary Youth Programs Of District 5160 Co Lynn Teuscher CpaPO BOX 158, Mount Shasta, CA 96067CA2007-06$574,666
5Community Justice Foundation40780 Treasure City Ln, Indio, CA 92203-3858CA2013-07$500,000
6Usvets Missouri800 W 6th St Ste 1505, Los Angeles, CA 90017-2742CA2012-06$345,678
7Cvrm Nmtc Project Holdings47470 Van Buren St, Indio, CA 92201-7139CA2011-10$119,378
8Friends Of Roys FoundationPO BOX 1826, Palm Springs, CA 92263-1826CA2012-04$108,668
9Snowy Deer Golf Foundation7405 Greenback Ln 333, Citrus Heights, CA 95610-5603CA2004-03$92,173
10Westminster Senior Center Foundation8200 Westminster Blvd, Westminster, CA 92683-3366CA2003-07$72,047
11Friends Of The Homeless Fund Raising Board, The Gamble Institute2272 San Pablo Avenue, Oakland, CA 94612CA2011-02$55,246
12Friends Of My Family5870 Arlington Avenue Ste 103, Riverside, CA 92504-2037CA2013-07$30,000
13Polinsky Childrens Center Auxiliary836 Prospect St, La Jolla, CA 92037-4213CA2011-03$5,100
14Unseenxs10940 Trinity Parkway C-129, Stockton, CA 95219CA2014-07$1,116
15Spnso Inc250 Oak Grove Ave 404, Menlo Park, CA 94025-2251CA2004-03$38
16A Brighter Path35431 Beach Rd, Capo Beach, CA 92624-1708CA2014-07$0
17A Car For Darfur2532 Via Espada, Pleasanton, CA 94566CA2008-06$0
18Abf Trust For Program Support1510 J St Ste 150, Sacramento, CA 95814-2099CA2014-08$0
19Alliance For Freedom And Development1420 Peerless Pl Apt 305, Los Angeles, CA 90035-2870CA2003-12$0
20Apple Valley Christian Senior Care Community Llc11959 Apple Valley Rd, Apple Valley, CA 92308-7507CA2012-03$0
Number of organizations performing similar types of work
Alaska2
Alabama11
Arkansas6
Arizona19
California74
Colorado6
Connecticut14
District of Columbia6
Delaware8
Florida46
Georgia27
Hawaii4
Iowa8
Idaho2
Illinois29
Indiana13
Kansas9
Kentucky7
Louisiana11
Massachusetts22
Maryland8
Maine6
Michigan23
Minnesota10
Missouri17
Mississippi4
Montana3
North Carolina27
North Dakota2
Nebraska4
New Hampshire7
New Jersey18
New Mexico2
Nevada5
New York28
Ohio34
Oklahoma7
Oregon7
Pennsylvania31
South Carolina12
South Dakota4
Tennessee7
Texas63
Utah3
Virginia15
Vermont3
Washington13
Wisconsin11
Wyoming1
Total699

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