Pidc-penn Venture Fund
501(c)(4)
Only null% goes to programs Strong reserves Declining revenue
Pidc-penn Venture Fund is a 501(c)(4) organization based in Philadelphia, Pennsylvania, registered in 2011, with $31,491 in FY2024 revenue. CharityIndex grades it B.
1500 Market St Ste 3500w, Philadelphia, PA, 19102 EIN 27-1585341 Since 2011
Revenue (FY2024)
$31K
▼ 11.5% vs prior year
Expenses (FY2024)
$131
Net assets
$1.0M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Pidc-penn Venture Fund— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating95515 mo reserves · +100% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Pidc-penn Venture Fund: 95515 mo reserves · +100% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Pidc-penn Venture Fund— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Pidc-penn Venture Fund: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 1500 Market St Ste 3500w, Philadelphia, PA, 19102
- City
- Philadelphia
- State
- Pennsylvania
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue grew from $25K (FY2018) to $31K (FY2024) across 7 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $145KNet assets $1.0M
Operating margin
99.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.2M
Total liabilities
$145K
Net assets
$1.0M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $31,491▼11.5% | $131▲100% | $1,042,706▲3.1% | $1,187,575▲1.4% | 990 |
| 2023 | $35,582▼18.1% | -$171,089▼109% | $1,011,346▲25.7% | $1,171,573▲19.3% | 990 |
| 2022 | $43,445▼8.7% | -$81,668 | $804,675▲18.4% | $982,105▲21.7% | 990 |
| 2021 | $47,604▲5.9% | $0▼100% | $679,561▲13.4% | $806,825▲11.5% | 990 |
| 2020 | $44,941▲46.7% | $700 | $599,278▲8.0% | $723,464▲2.4% | 990 |
| 2019 | $30,632▲24.2% | $0▼100% | $555,037▲5.8% | $706,652▲3.7% | 990 |
| 2018 | $24,664 | $49,583 | $524,405 | $681,573 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is Pidc-penn Venture Fund a legitimate nonprofit?
- Yes. Pidc-penn Venture Fund is a 501(c)(4) organization registered with the U.S. Internal Revenue Service under EIN 27-1585341, based in Philadelphia, Pennsylvania.
- What is Pidc-penn Venture Fund's EIN?
- Pidc-penn Venture Fund's Employer Identification Number (EIN) is 27-1585341.
- How much revenue does Pidc-penn Venture Fund report?
- Pidc-penn Venture Fund reported $31,491 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Pidc-penn Venture Fund have?
- CharityIndex grades Pidc-penn Venture Fund B, based on financial health (reserves and operating margin).
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Data for Pidc-penn Venture Fund (EIN 27-1585341) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.