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Nonprofiteer
← SOCIAL VENTURE PARTNERS MN

Form 990 for tax year 2022

Filed by SOCIAL VENTURE PARTNERS MN.

Totals

Total revenue
$327,828
Total expenses
$339,830
Contributions and grants received
$318,118
Grants paid
$115,500
Program service revenue
$0
Investment income
$0
Other revenue
$9,710
Total assets, end of year
$167,008
Total liabilities, end of year
$463
Net assets or fund balances, end of year
$166,545
Program services expenses (Part IX)
$291,412
Management and general expenses
$40,600
Fundraising expenses
$7,818
Program service expenses (Part III)
$291,412

Program services were 85.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $3,000

  • 1f · All other contributions, gifts and grants

    $315,118

  • 1g · Noncash contributions included above

    $15,519

  • 8a · Fundraising events: gross income

    $18,218

  • 8a · Fundraising events: contributions included on line 1c

    $3,000

  • 8b · Fundraising events: direct expenses

    $8,508

  • 8c · Net income from fundraising events

    total $9,710 · excluded $9,710

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $115,500 · program services $115,500

  • 5 · Compensation of officers, directors and key employees

    total $123,990 · program services $99,192 · management and general $18,599 · fundraising $6,199

  • 7 · Other salaries and wages

    total $20,568 · program services $16,454 · management and general $3,086 · fundraising $1,028

  • 9 · Other employee benefits

    total $544 · program services $436 · management and general $80 · fundraising $28

  • 10 · Payroll taxes

    total $11,262 · program services $9,010 · management and general $1,689 · fundraising $563

  • 11c · Fees: accounting

    total $6,478 · management and general $6,478

  • 11g · Fees: other

    total $20,999 · program services $18,920 · management and general $2,079

  • 12 · Advertising and promotion

    total $9,411 · program services $7,529 · management and general $1,882

  • 13 · Office expenses

    total $3,026 · program services $1,907 · management and general $1,119

  • 16 · Occupancy

    total $691 · management and general $691

  • 17 · Travel

    total $1,582 · program services $1,345 · management and general $237

  • 19 · Conferences, conventions and meetings

    total $1,828 · program services $1,462 · management and general $366

  • 23 · Insurance

    total $6,857 · program services $5,486 · management and general $1,371

  • 24a · Other expenses: DUES & SUBSCRIPTIONS

    total $14,616 · program services $11,693 · management and general $2,923

  • 24b · Other expenses: MEALS & ENTERTAINMENT

    total $2,478 · program services $2,478

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $187,767 · end of year $167,008

  • 9 · Prepaid expenses and deferred charges

    beginning of year $2,052

  • 10a · Land, buildings and equipment: cost or other basis

    $3,619

  • 10b · Land, buildings and equipment: accumulated depreciation

    $3,619

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $11,272 · end of year $463

  • 27 · Net assets without donor restrictions

    beginning of year $137,461 · end of year $94,459

  • 28 · Net assets with donor restrictions

    beginning of year $41,086 · end of year $72,086

Mission and programs · 2022

Mission

SOCIAL VENTURE PARTNERS MINNESOTA CATALYZES EQUITABLE SOCIAL CHANGE BY EXPANDING THE IMPACT OF YOUTH-SERVING ORGANIZATIONS, AND BUILDING AN EFFECTIVE COMMUNITY OF ENGAGED PHILANTHROPISTS.

Activities or mission (Part I)

SOCIAL VENTURE PARTNERS MINNESOTA PROVIDES GRANTS TO YOUTH-SERVING PROJECTS AND PROVIDES COLLABORATIVE CONSULTING ON CAPACITY BUILDING PROJECTS SO THAT THE ORGANIZATIONS CAN MAKE A GREATER IMPACT WITH THE YOUTH THEY SERVE AND FOR THE COMMUNITY. WE ALSO PROVIDE EDUCATION, TRAINING AND SUPPORT FOR OUR DONOR PARTNERS SO THAT THEY CAN BECOME MORE EFFECTIVE CONSULTANTS AND PHILANTHROPISTS.

  • GRANT MAKING: SOCIAL VENTURE PARTNERS MINNESOTA PROVIDES GRANTS TO YOUTH-SERVING PROJECTS AND PROVIDES COLLABORATIVE CONSULTING ON CAPACITY BUILDING PROJECTS SO THAT THE ORGANIZATIONS CAN MAKE A GREATER IMPACT WITH THE YOUTH THEY SERVE AND FOR THE COMMUNITY. WE ALSO PROVIDE A COHORT PEER-LEARNING MODEL FOR THE EXECUTIVE DIRECTORS FOR OUR CURRENT AND ALUMNI INVESTEE ORGANIZATIONS

    Expenses $198,206 · Grants $110,500

  • PARTNER EDUCATION AND SUPPORT: WE PROVIDE EDUCATION, TRAINING AND SUPPORT FOR OUR DONOR PARTNERS SO THAT THEY CAN BECOME MORE EFFECTIVE CONSULTANTS AND PHILANTHROPISTS. WE ALSO HAVE A COHORT PEER-LEARNING MODEL FOR OUR LEAD PARTNERS WHO WORK ON THE IMPACT TEAMS WITH THE INVESTEE ORGANIZATIONS.

    Expenses $87,706

  • SVP MN HAS STARTED A YOUTH LEADERSHIP PROGRAM THAT ALLOWS YOUNG PEOPLE TO SERVE ON A YOUTH LED GRANTMAKING TASKFORCE WHERE THEY DECIDE ON WHAT THE MOST CRITICAL ISSUES FACING YOUTH ARE, WHAT ORGANIZATIONS ARE DOING GOOD WORK TO ADDRESS THESE ISSUES AND MAKE DECISIONS ON WHO TO FUND. THESE YOUNG PEOPLE ALSO HAVE AN OPPORTUNITY TO FACILITATE THE NEXT COHORT OF THE TASKFORCE AND JOIN OUR ANNUAL GRANTMAKING COMMITTEE WORK.

    Expenses $5,500 · Grants $5,000

As filed on the 2022 return.

Listed in Part VII

  • Christi Strauss

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    5

  • Dionne Gumbs

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    3

  • Linda Ireland

    TREASURER

    Total calculated
    $0
    Hours/week
    3

  • Ellen Walthour

    SECRETARY

    Total calculated
    $0
    Hours/week
    3

  • Jessica Rogers

    MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Diane Harper

    MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Ben Burgum

    MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Holly Parker

    MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Kyle Srivastava

    MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Linda Bryant

    MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Josh Susser

    MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Daniela Vasan

    MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Deb Salls

    EXECUTIVE DIRECTOR

    Total calculated
    $123,990
    From this org
    $112,000
    From related orgs
    $0
    Other
    $11,990
    Hours/week
    45

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

Provenance

Return type
form_990
Tax year
2022
Filed
7 November 2023
IRS schema version
2022v5.0
Source object
202333119349304563

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