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Employer Identification Number 61-1677994

VENTURE ACADEMIES is a USA domiciled entity or foreign entity operating in the USA. The EIN ihas been issued by the IRS

Company Name:VENTURE ACADEMIES
Employer identification number (EIN):61-1677994
EIN Issuing AuthorityCincinnati, OH
Federal tax statusExempt from federal income tax. Registered as a non-profit under 501(c)(3) Title 26 of the United States Code

Organization Overview

Mission StatementTHE MISSION OF VENTURE ACADEMY IS TO BUILD ENTREPRENEURIAL LEADERS BY DEVELOPING THE INDEPENDENCE, SCHOLARSHIP AND LEADERSHIP OF YOUNG PEOPLE.THE VISION OF VENTURE ACADEMY IS FOR EVERY YOUNG PERSON TO BECOME AN ENTREPRENEURIAL LEADER WHO IMPROVES THE WORLD AROUND THEM.
Number of Employees63
Number of Volunteers25
Year Formed2012

Organization Governance

Legal DomicileMN
Voting Members - Governing Body10
Voting Members - Independent8

Organization Financials

2023-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 14,729
Program Service Revenue from current yearUSD $ 186,588
Investment Income from prior yearUSD $ 0
Investment Income from current yearUSD $ 9,552
Other Revenue from prior yearUSD $ 233,624
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 8,687,127
Net assets / fund balances at end of fiscal yearUSD $ -1,409,215
Net assets / fund balances at beginning of fiscal yearUSD $ -1,271,842
Total liabilities at end of fiscal yearUSD $ 6,948,121
Total liabilities at beginning of fiscal yearUSD $ 6,777,345
Total assets at end of fiscal yearUSD $ 5,538,906
Total assets at beginning of fiscal yearUSD $ 5,505,503
Revenues less expenses for current yearUSD $ -137,373
Revenues less expenses for previous yearUSD $ 886,210
Total expenses for current yearUSD $ 8,824,500
Total expenses for previous yearUSD $ 7,814,811
Other expenses in current yearUSD $ 3,203,486
Other expenses in previous yearUSD $ 2,396,262
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 5,621,014
Employee salary and benefits paid in previous yearUSD $ 5,418,549
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 8,687,127
Total revenue in previous fiscal yearUSD $ 8,701,021
Contributions and grants from current yearUSD $ 8,490,987
Contributions and grants from previous yearUSD $ 8,452,668
2022-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 0
Program Service Revenue from current yearUSD $ 14,729
Investment Income from prior yearUSD $ 0
Investment Income from current yearUSD $ 0
Other Revenue from prior yearUSD $ 5,859
Other Revenue from current yearUSD $ 233,624
Gross receipts from all sourcesUSD $ 8,701,021
Net assets / fund balances at end of fiscal yearUSD $ -1,271,842
Net assets / fund balances at beginning of fiscal yearUSD $ -2,158,052
Total liabilities at end of fiscal yearUSD $ 6,777,345
Total liabilities at beginning of fiscal yearUSD $ 7,196,546
Total assets at end of fiscal yearUSD $ 5,505,503
Total assets at beginning of fiscal yearUSD $ 5,038,494
Revenues less expenses for current yearUSD $ 886,210
Revenues less expenses for previous yearUSD $ -418,005
Total expenses for current yearUSD $ 7,814,811
Total expenses for previous yearUSD $ 7,422,467
Other expenses in current yearUSD $ 2,396,262
Other expenses in previous yearUSD $ 2,118,963
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 5,418,549
Employee salary and benefits paid in previous yearUSD $ 5,278,857
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 24,647
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 8,701,021
Total revenue in previous fiscal yearUSD $ 7,004,462
Contributions and grants from current yearUSD $ 8,452,668
Contributions and grants from previous yearUSD $ 6,998,603
Total of other revenueUSD $ 233,624
2021-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 41,703
Program Service Revenue from current yearUSD $ 0
Investment Income from prior yearUSD $ 0
Investment Income from current yearUSD $ 0
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 5,859
Gross receipts from all sourcesUSD $ 7,004,462
Net assets / fund balances at end of fiscal yearUSD $ -2,158,052
Net assets / fund balances at beginning of fiscal yearUSD $ -1,740,047
Total liabilities at end of fiscal yearUSD $ 7,196,546
Total liabilities at beginning of fiscal yearUSD $ 6,891,646
Total assets at end of fiscal yearUSD $ 5,038,494
Total assets at beginning of fiscal yearUSD $ 5,151,599
Revenues less expenses for current yearUSD $ -418,005
Revenues less expenses for previous yearUSD $ -446,119
Total expenses for current yearUSD $ 7,422,467
Total expenses for previous yearUSD $ 7,313,734
Other expenses in current yearUSD $ 2,118,963
Other expenses in previous yearUSD $ 2,353,990
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 5,278,857
Employee salary and benefits paid in previous yearUSD $ 4,959,744
Benefits paid to or for members in current yearUSD $ 24,647
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 7,004,462
Total revenue in previous fiscal yearUSD $ 6,867,615
Contributions and grants from current yearUSD $ 6,998,603
Contributions and grants from previous yearUSD $ 6,825,912
Total of other revenueUSD $ 5,859
2020-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 1,245
Program Service Revenue from current yearUSD $ 41,703
Investment Income from prior yearUSD $ 0
Investment Income from current yearUSD $ 0
Other Revenue from prior yearUSD $ 8,332
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 6,867,615
Net assets / fund balances at end of fiscal yearUSD $ -1,740,047
Net assets / fund balances at beginning of fiscal yearUSD $ -1,264,685
Total liabilities at end of fiscal yearUSD $ 6,891,646
Total liabilities at beginning of fiscal yearUSD $ 7,633,082
Total assets at end of fiscal yearUSD $ 5,151,599
Total assets at beginning of fiscal yearUSD $ 6,368,397
Revenues less expenses for current yearUSD $ -446,119
Revenues less expenses for previous yearUSD $ 650,506
Total expenses for current yearUSD $ 7,313,734
Total expenses for previous yearUSD $ 5,414,944
Other expenses in current yearUSD $ 2,353,990
Other expenses in previous yearUSD $ 2,315,605
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 4,959,744
Employee salary and benefits paid in previous yearUSD $ 3,047,337
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 52,002
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 6,867,615
Total revenue in previous fiscal yearUSD $ 6,065,450
Contributions and grants from current yearUSD $ 6,825,912
Contributions and grants from previous yearUSD $ 6,055,873
2019-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 88,037
Program Service Revenue from current yearUSD $ 1,245
Investment Income from prior yearUSD $ 0
Investment Income from current yearUSD $ 0
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 8,332
Gross receipts from all sourcesUSD $ 6,065,450
Net assets / fund balances at end of fiscal yearUSD $ -1,264,685
Net assets / fund balances at beginning of fiscal yearUSD $ -1,915,191
Total liabilities at end of fiscal yearUSD $ 7,633,082
Total liabilities at beginning of fiscal yearUSD $ 8,253,272
Total assets at end of fiscal yearUSD $ 6,368,397
Total assets at beginning of fiscal yearUSD $ 6,338,081
Revenues less expenses for current yearUSD $ 650,506
Revenues less expenses for previous yearUSD $ -1,409,912
Total expenses for current yearUSD $ 5,414,944
Total expenses for previous yearUSD $ 7,030,588
Other expenses in current yearUSD $ 2,315,605
Other expenses in previous yearUSD $ 2,325,233
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 3,047,337
Employee salary and benefits paid in previous yearUSD $ 4,705,355
Benefits paid to or for members in current yearUSD $ 52,002
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 6,065,450
Total revenue in previous fiscal yearUSD $ 5,620,676
Contributions and grants from current yearUSD $ 6,055,873
Contributions and grants from previous yearUSD $ 5,532,639
Total of other revenueUSD $ 8,332
2018-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 110,144
Program Service Revenue from current yearUSD $ 88,037
Investment Income from prior yearUSD $ 0
Investment Income from current yearUSD $ 0
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 5,620,676
Net assets / fund balances at end of fiscal yearUSD $ -1,915,191
Net assets / fund balances at beginning of fiscal yearUSD $ -505,279
Total liabilities at end of fiscal yearUSD $ 8,253,272
Total liabilities at beginning of fiscal yearUSD $ 6,271,586
Total assets at end of fiscal yearUSD $ 6,338,081
Total assets at beginning of fiscal yearUSD $ 5,766,307
Revenues less expenses for current yearUSD $ -1,409,912
Revenues less expenses for previous yearUSD $ -723,542
Total expenses for current yearUSD $ 7,030,588
Total expenses for previous yearUSD $ 5,919,276
Other expenses in current yearUSD $ 2,325,233
Other expenses in previous yearUSD $ 1,868,037
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 4,705,355
Employee salary and benefits paid in previous yearUSD $ 4,051,239
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 5,620,676
Total revenue in previous fiscal yearUSD $ 5,195,734
Contributions and grants from current yearUSD $ 5,532,639
Contributions and grants from previous yearUSD $ 5,085,590
2017-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 17,151
Program Service Revenue from current yearUSD $ 110,144
Investment Income from prior yearUSD $ 0
Investment Income from current yearUSD $ 0
Other Revenue from prior yearUSD $ 0
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 5,195,734
Net assets / fund balances at end of fiscal yearUSD $ -505,279
Net assets / fund balances at beginning of fiscal yearUSD $ 218,263
Total liabilities at end of fiscal yearUSD $ 6,271,586
Total liabilities at beginning of fiscal yearUSD $ 1,799,929
Total assets at end of fiscal yearUSD $ 5,766,307
Total assets at beginning of fiscal yearUSD $ 2,018,192
Revenues less expenses for current yearUSD $ -723,542
Revenues less expenses for previous yearUSD $ 83,724
Total expenses for current yearUSD $ 5,919,276
Total expenses for previous yearUSD $ 3,651,609
Other expenses in current yearUSD $ 1,868,037
Other expenses in previous yearUSD $ 1,435,266
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 4,051,239
Employee salary and benefits paid in previous yearUSD $ 2,216,343
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 5,195,734
Total revenue in previous fiscal yearUSD $ 3,735,333
Contributions and grants from current yearUSD $ 5,085,590
Contributions and grants from previous yearUSD $ 3,718,182
2016-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 1,823
Program Service Revenue from current yearUSD $ 17,151
Investment Income from prior yearUSD $ 0
Investment Income from current yearUSD $ 0
Other Revenue from prior yearUSD $ 1,405
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 3,735,333
Net assets / fund balances at end of fiscal yearUSD $ 218,263
Net assets / fund balances at beginning of fiscal yearUSD $ 134,539
Total liabilities at end of fiscal yearUSD $ 1,799,929
Total liabilities at beginning of fiscal yearUSD $ 467,748
Total assets at end of fiscal yearUSD $ 2,018,192
Total assets at beginning of fiscal yearUSD $ 602,287
Revenues less expenses for current yearUSD $ 83,724
Revenues less expenses for previous yearUSD $ -38,396
Total expenses for current yearUSD $ 3,651,609
Total expenses for previous yearUSD $ 2,945,377
Other expenses in current yearUSD $ 1,435,266
Other expenses in previous yearUSD $ 1,274,789
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 2,216,343
Employee salary and benefits paid in previous yearUSD $ 1,670,588
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 3,735,333
Total revenue in previous fiscal yearUSD $ 2,906,981
Contributions and grants from current yearUSD $ 3,718,182
Contributions and grants from previous yearUSD $ 2,903,753
2015-06-30
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 2,207
Program Service Revenue from current yearUSD $ 1,823
Investment Income from current yearUSD $ 0
Other Revenue from current yearUSD $ 1,405
Gross receipts from all sourcesUSD $ 2,906,981
Net assets / fund balances at end of fiscal yearUSD $ 134,539
Net assets / fund balances at beginning of fiscal yearUSD $ 313,317
Total liabilities at end of fiscal yearUSD $ 467,748
Total liabilities at beginning of fiscal yearUSD $ 258,271
Total assets at end of fiscal yearUSD $ 602,287
Total assets at beginning of fiscal yearUSD $ 571,588
Revenues less expenses for current yearUSD $ -38,396
Revenues less expenses for previous yearUSD $ 210,235
Total expenses for current yearUSD $ 2,945,377
Total expenses for previous yearUSD $ 2,010,079
Other expenses in current yearUSD $ 1,274,789
Other expenses in previous yearUSD $ 1,041,760
Total fundraising expenses in current yearUSD $ 3,200
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 1,670,588
Employee salary and benefits paid in previous yearUSD $ 968,319
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 2,906,981
Total revenue in previous fiscal yearUSD $ 2,220,314
Contributions and grants from current yearUSD $ 2,903,753
Contributions and grants from previous yearUSD $ 2,218,107
Total of other revenueUSD $ 1,405

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 611677994

USA Mailing Address
315 27TH AVE SE
MINNEAPOLIS
MN
55414
Date first seen: 2007-01-01
Date last seen: 2024-09-30

Nearby companies/organizations

The following companies are located in the same ZIP code areas:

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