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Venture Academies

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 611677994 ✦ Minneapolis, MN ✦ Designated as a 501(c)(3)

Overview

What is Venture Academies?

Venture Academies is a nonprofit institution located at 315 27th Ave SE, Minneapolis, MN 55414. Its primary mission is to foster the entrepreneurial spirit in students while helping them achieve individual goals and meet state educational standards. The organization aims to ignite the passion in young people, inspiring them to become innovative and entrepreneurial leaders who can shape the world. Venture Academies strives to enable students to achieve unprecedented learning growth, demonstrate character and leadership, and learn to identify opportunities, take initiative, and create solutions. The nonprofit employs a team of 95 individuals.


Official website here: www.ventureacademies.org

Is Venture Academies legitimate?

Venture Academies is a legitimate nonprofit organization registered as a 501(c)(3) entity. Venture Academies submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $310,187
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,985,126

For more financial information, click here


Official website here: www.ventureacademies.org

What is the mission statement of Venture Academies?

Venture Academies aims to inspire and empower young individuals, fostering a passion for innovation and entrepreneurial leadership. The mission of this educational institution is to facilitate unprecedented learning growth, cultivate character and leadership skills, and teach students to identify opportunities, take initiative, and develop solutions. The ultimate goal is to equip these young minds with the capability to contribute positively and bring about change in the world.


Official website here: www.ventureacademies.org

Who is the CEO of Venture Academies?

Michael Warner is the Chairperson of Venture Academies. The CEO's salary of Venture Academies is $110,313 and their total compensation is $127,286.


Official website here: www.ventureacademies.org

What is the revenue of Venture Academies?

Venture Academies's revenue in 2022 was $8,701,021.


Official website here: www.ventureacademies.org

Who are the executives of Venture Academies and what are their salaries?

The average compensation at Venture Academies during 2022 was $45,214. There are 95 employees and 10 volunteers at Venture Academies.

Here are 9 key members and their salaries (Venture Academies's CEO's salary is $110,313 and their total compensation is $127,286):

    Michael Warner (Ceo)
  • Compensation: $110,313
  • Related: $0
  • Other: $16,973

    • Andrew Lawton (Vice-Chairperson) [Trustee/Director]
  • Compensation: $79,070
  • Related: $0
  • Other: $13,626

    • Charles Ellsworth (Treasurer) [Trustee/Director]
  • Compensation: $78,504
  • Related: $0
  • Other: $11,701

    • Beth Hawkins (Chairperson) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Katie Colon-Holmers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeff Robbins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Adrienne Vitt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Roxann Anoka (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marissa Birkland (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.ventureacademies.org

    Where can I find the form 990 for Venture Academies?

    The Venture Academies’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.ventureacademies.org

    Learn more at the official website: www.ventureacademies.org

    Mission Statement of Venture Academies

    Venture Academies, a nonprofit organization, is dedicated to igniting the passion within young people, inspiring them to become innovative entrepreneurs and leaders who can shape the world. The institution's mission is multifaceted, aiming to enable these young individuals to achieve unprecedented growth in learning, demonstrate character and leadership, and cultivate the ability to envision opportunities, take initiative, and create solutions. By doing so, Venture Academies aspires to empower its students, guiding them towards individual goals while also adhering to state educational standards.

    Impact

    This information is meant to be a general summary of Venture Academies. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Venture Academies ignites the passion of young people to become innovators and entrepreneurial leaders who will change the world. By enabling students to achieve unprecedented learning growth, demonstrate character and leadership, and learn to imagine opportunities, take initiative, and create solutions, Venture Academies is making a significant impact in Minneapolis, MN. Through its focus on growing the entrepreneurial spirit while also helping students reach their individual goals and state educational standards, Venture Academies is shaping the next generation of leaders and change-makers in the field of education.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $0
  • Program Service Revenue: $14,729
  • Gross Receipts: $8,701,021

    • Assets and Liabilities:
  • Total Assets: $5,505,503
  • Total Liabilities: $6,777,345
  • Net Assets: -$1,271,842
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    OTHER PROGRAM REVENUE

    Revenue

    $9,647

    CHARGES FOR SERVICES

    Revenue

    $5,082

    Organization Details

    Founding Year

    2012

    Principal Officer

    Michael Warner

    Main Address

    315 27TH AVE SE, MINNEAPOLIS, MN, 55414

    NTEE Category

    Code: B29 - Education

    If you are a representative of Venture Academies and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.