New Venture Fund: $669.1M Revenue, $894.8M Expenses
Washington, District of Columbia · EIN 205806345 · Filing year 2023
New Venture Fund reported $669.1M in total revenue, $894.8M in total expenses, and $768.5M in total assets on its 2023 IRS Form 990. Total compensation for current officers and key employees was $744K (0.11% of revenue). NonprofitTruth efficiency grade: B (67/100).
Source: ProPublica Nonprofit Explorer — IRS Form 990 filings, filing year 2023.
Key Facts (2023 Form 990)
- Total Revenue
- $669.1M
- Total Expenses
- $894.8M
- Total Assets
- $768.5M
- Reserve Months
- 10.3 months
- Surplus / (Deficit)
- $-225,751,267
- EIN
- 205806345
- Latest 990 Year
- 2023
- Current-Officer Compensation
- $744K
- Officer Comp % of Revenue
- 0.11%
New Venture Fund grades a B on the NonprofitTruth efficiency rubric. 67/100 on the composite — above the national median, with strong performance on some factors balanced by middling performance on others.
Annual revenue at New Venture Fund runs $669.1M (2023), placing it among the larger U.S. nonprofits in the IRS Form 990 dataset. Operating reserves at New Venture Fund are adequate: the balance sheet covers a reasonable share of annual expenses, though not a deep multi-year cushion.
Five-year revenue trajectory is strongly positive: New Venture Fund has grown materially in real terms, which usually signals successful fundraising and program expansion. Officer compensation is modest relative to organizational size: New Venture Fund reports $743,607 in total compensation for current officers and key employees (Form 990 Part IX, line 5) against $669.1M in revenue. The ratio is well within the bands third-party charity raters consider reasonable at this scale. New Venture Fund works in Environment & Animals — environmental, conservation, animal-welfare, and natural-resources programs. The sector spans large international conservation groups and small local land trusts; the financial profile varies accordingly.
How New Venture Fund Compares
New Venture Fund earns a NonprofitTruth efficiency grade of B (67/100). That is 4 points above the Environment & Animals category average. Compensation for current officers and key employees represents 0.11% of total revenue. The organization holds 10.3 months of operating reserves, indicating strong financial cushion.
990 Financial Snapshot
Based on IRS tax-exempt organization data, New Venture Fund reported $669.1M in revenue against $894.8M in total functional expenses for filing year 2023, holding roughly 10.3 months of operating reserves. A program-vs-overhead split is not shown here because total program service expenses (Form 990 Part IX, line 25, column B) are not available in the ProPublica Nonprofit Explorer feed this site ingests; that breakdown can be read directly from the organization’s e-filed 990.
The 990 reports $744K in total compensation for current officers, directors, trustees, and key employees (Part IX, line 5) — 0.11% of total revenue. This is an aggregate across all listed officers; per-person amounts appear on Schedule J.
Revenue History
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New Venture Fund has a NonprofitTruth Efficiency Score of B (67/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.
New Venture Fund, Donor FAQ
New Venture Fund has a NonprofitTruth Efficiency Score of B (67/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.
New Venture Fund reports $744K in total compensation for current officers, directors, trustees, and key employees (IRS Form 990 Part IX, line 5), representing 0.11% of the organization's $669.1M in annual revenue. This is an aggregate figure for all listed officers, not a single executive's salary; per-person pay is detailed on Schedule J of the 990.
New Venture Fund reported $669.1M in annual revenue and $894.8M in total expenses for filing year 2023. The organization holds $768.5M in total assets.
New Venture Fund holds approximately 10.3 months of operating reserves (total assets relative to annual expenses) based on its 2023 IRS Form 990, one input into its B efficiency grade.
New Venture Fund is a registered 501(c) organization with EIN 205806345, based in Washington, District of Columbia. Financial data is sourced from publicly available IRS 990 filings via ProPublica Nonprofit Explorer.
Similar Environment & Animals Nonprofits
Financial data is sourced from IRS Form 990 filings via ProPublica Nonprofit Explorer. The Efficiency Score combines three signals the 990 feed actually reports: financial health / operating reserves (40%), multi-year revenue consistency (35%), and current-officer compensation relative to revenue (25%). It does not include a program-spending ratio, because total program service expenses are not exposed by the ProPublica feed; no program ratio is estimated. Filing data may lag 6-18 months from the tax year.