Public Private Ventures in Philadelphia, Pennsylvania (PA)

Public Private Ventures
Employer Identification Number (EIN)	232048721
Name of Organization	Public Private Ventures
In Care of Name	Duane Morris Llp
Address	30 S 17th St, Philadelphia, PA 19103-4001
Activities	Job training, counseling, or assistance, Other inner city or community benefit activities
Subsection	Charitable Organization
Ruling Date	02/1978
Deductibility	Contributions are deductible
Foundation	Organization which receives a substantial part of its support from a governmental unit or the general public
Organization	Corporation
Exempt Organization Status	Unconditional Exemption
Tax Period	09/2013
Assets	$100,000 to $499,999
Income	$1 to $9,999
Filing Requirement	990 - Not required to file (all other)
Asset Amount	$204,066
Amount of Income	$35
Form 990 Revenue Amount	$35
National Taxonomy of Exempt Entities (NTEE)	Community Improvement, Capacity Building: Economic Development

Non-representatives - add comments:

Amount of income in 2013: $35 (it was $13,627,969 in 2012)

Public Private Ventures:	$35
Other organizations performing similar types of work:	$57,665

Assets in 2013: $204,066 (it was $488,382 in 2012)

This organization:	$204,066
Other organizations performing similar types of work:	$339,509

Financial snapshot ($)

Support schedule

	2011	2012	2013
Revenue, Expenses, and Changes in Net Assets or Fund Balances
Total revenue			$35
Contributions, gifts, grants, and similar amounts received			$0
Program service revenue including government fees and contracts			$0
Membership dues and assessments			$0
Investment income			$0
Gain/Loss from sale of assets other than inventory			$0
Net income/loss from gaming and fundraising events	$0	$0	$0
Gross profit/loss from sales of inventory			$0
Other revenue			$35
Total expenses			$0
Total net assets			$150,961
Excess/Deficit for the year			$35
Net assets or fund balances at beginning of year			$235,946
Other changes in net assets or fund balances			$-85,020
Net assets or fund balances at end of year			$150,961

	2011	2012	2013
Balance Sheets
Total assets	$8,954,341	$488,382	$204,066
Total liabilities	$2,377,541	$252,436	$53,105
Net assets or fund balances			$150,961

	2012	2013
Other Information
Did the organization engage in any significant activity not previously reported to the IRS?		No
Were any significant changes made to the organizing or governing documents?		No
Did the organization have unrelated business gross income of $1,000 or more during the year from business activities		No
Has the organization filed a Form 990-T for the year?	No	No
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?		No
Amount of political expenditures, direct or indirect		$0
Did the organization file Form 1120-POL for this year?		No
Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return?		No
Total amount involved		$0
Initiation fees and capital contributions		$0
Gross receipts for public use of club facilities		$0
Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ?		No
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?	No	No

Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:	An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Number of organizations supported	0
Sum of amounts of support	$0

	2009 - 2013 Total
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2009 - 2013)
Public Support	$25,342,606
Subtotal Support	$42,579,318
Gifts, grants, contributions, and membership fees received	$42,579,318
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf	$0
The value of services or facilities furnished by a governmental unit to the organization without charge	$0
The portion of total contributions by each person (other than a governmental unit or publicly supported organization) that exceeds 2% of the total support	$17,236,712
Total Support	$43,337,296
Public Support	$42,579,318
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources	$687,193
Net income from unrelated business activities, whether or not the business is regularly carried on	$0
Other income. Do not include gain or loss from the sale of capital assets	$70,785
Gross receipts from related activities, etc.	$334,567

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Id	Name	Address	State	Established	Total Income
Organizations performing similar types of work
1	Business Research Institute Of Community Economic Development	205 S West St, Sikeston, MO 63801-2643	MO	1993-08	$57,665
2	Public Private Ventures	30 S 17th St, Philadelphia, PA 19103-4001	PA	1978-02	$35
3	National Community Research Initiative Inc	PO BOX 238, Fulton, NY 13069-0238	NY	1988-10	$0

Number of organizations performing similar types of work

Missouri	1
New York	1

Pennsylvania

Total