Civic Intelligence

Venn Foundation

990 • Fiscal year 2023 • EIN 81-4476503

Jan 01, 2023 to Dec 31, 2023 • Filed on Apr 16, 2024

1900 Bohland AvenueSaint Paul, MN 55116

(612) 568-3204

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

37th percentile

0.09x

Higher debt load relative to assets than 37% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Liabilities / Revenue

54th percentile

0.29x

Higher debt load relative to revenue than 54% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Net Margin

9th percentile

-35%

Higher net margin than 9% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Top Officer Pay

23rd percentile

$103,750

Higher top officer pay than 23% of similar nonprofits.

Top officer pay equals 2.3% of source-year revenue.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Asset Growth

8th percentile

-11%

Faster asset growth than 8% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Revenue Growth

6th percentile

-50%

Faster revenue growth than 6% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Assets

Down

$14,009,571

Down $1,651,255 (-11%) from 2022

Net Assets

Down

$12,729,644

Down $1,655,853 (-12%) from 2022

Liabilities

Up

$1,279,927

Up $4,598 (+0.4%) from 2022

Revenue

Down

$4,468,850

Down $4,390,458 (-50%) from 2022

Expenses

Up

$6,042,356

Up $3,950,725 (+189%) from 2022

Net Income

Down

-$1,573,506

Down $8,341,183 (-123%) from 2022

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$30M$20M$10M$0Assets 2017: $459,544Liabilities 2017: $7,172Net Assets 2017: $452,3722017Assets 2018: $1,092,502Liabilities 2018: $29,569Net Assets 2018: $1,062,9332018Assets 2019: $1,934,690Liabilities 2019: $34,847Net Assets 2019: $1,899,8432019Assets 2020: $4,402,895Liabilities 2020: $263,859Net Assets 2020: $4,139,0362020Assets 2021: $9,147,471Liabilities 2021: $1,264,651Net Assets 2021: $7,882,8202021Assets 2022: $15,660,826Liabilities 2022: $1,275,329Net Assets 2022: $14,385,4972022Assets 2023: $14,009,571Liabilities 2023: $1,279,927Net Assets 2023: $12,729,6442023Assets 2024: $19,207,391Liabilities 2024: $1,488,547Net Assets 2024: $17,718,8442024Assets 2025: $29,413,154Liabilities 2025: $1,546,345Net Assets 2025: $27,866,8092025

Highlighted filing

2023

Assets$14,009,571
Liabilities$1,279,927
Net Assets$12,729,644

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$15M$10M$5.0M$0-$5.0MRevenue 2017: $593,637Expenses 2017: $137,363Net Income 2017: $456,2742017Revenue 2018: $875,251Expenses 2018: $264,690Net Income 2018: $610,5612018Revenue 2019: $1,078,950Expenses 2019: $242,040Net Income 2019: $836,9102019Revenue 2020: $2,886,074Expenses 2020: $646,881Net Income 2020: $2,239,1932020Revenue 2021: $5,256,228Expenses 2021: $1,512,444Net Income 2021: $3,743,7842021Revenue 2022: $8,859,308Expenses 2022: $2,091,631Net Income 2022: $6,767,6772022Revenue 2023: $4,468,850Expenses 2023: $6,042,356Net Income 2023: -$1,573,5062023Revenue 2024: $7,088,292Expenses 2024: $1,848,427Net Income 2024: $5,239,8652024Revenue 2025: $11,842,464Expenses 2025: $1,685,264Net Income 2025: $10,157,2002025

Highlighted filing

2023

Revenue$4,468,850
Expenses$6,042,356
Net Income-$1,573,506
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Apr 16, 2024
Return Version
2023v5.0
Gross Receipts
$4,468,850
Mission and Program Overview

Mission

To unleash the full power of program-related investments to achieve charitable impact.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$13,214,252$11,558,987▼ $1,655,265
Savings and Temporary Cash Investments$260,952$1,574,805▲ $1,313,853
Accounts Receivable$317,880$654,365▲ $336,485
Cash and Non-Interest-Bearing Accounts$1,855,013$210,315▼ $1,644,698
Prepaid Expenses and Deferred Charges$12,729$11,099▼ $1,630
Total Assets$15,660,826$14,009,571▼ $1,651,255
Liabilities
Unsecured Notes Loans Payable$1,250,000$1,250,000→ $0
Accounts Payable and Accrued Expenses$25,329$29,927▲ $4,598
Total Liabilities$1,275,329$1,279,927▲ $4,598
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$14,185,497$12,579,644▼ $1,605,853
Net Assets With Donor Restrictions$200,000$150,000▼ $50,000
Total Net Assets Fund Balance$14,385,497$12,729,644▼ $1,655,853
Total Liabilities and Net Assets / Fund Balance$15,660,826$14,009,571▼ $1,651,255

Asset Categories

AssetBook ValueDepreciationBasis
Investment Program Related Org$481,625--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jeff OchsPresident and DirectorFT$103,750$103,750

Board Members and Trustees

NameTitle
Jaclyn SchroederBoard Chair
William BodnerBoard Treasurer
Jeanne VoigtDirector
Michael DaiDirector
Millie AcamovicDirector
Ramya RaufDirector
Robert ScarlettDirector
Susan SandsDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$3,844,580
Program Service Revenue
$578,514
Investment Income
$45,756
Other Revenue
$0
All Other Contributions
$3,844,580
Change in Net Assets
$-1,573,506

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded12$498,634Fair Market Value (FMV)
Total Noncash Contributions12$498,634-

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,468,850
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-82,347
Total Revenue per Audited Statements
$4,386,503
Total Revenue per Form 990
$4,468,850
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$5,425,340
Grants and Similar Amounts Paid$395,902
Salaries, Compensation, and Employee Benefits$221,114
Total Fundraising Expense$45,034
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$395,902--$395,902
Current Officers, Directors, Trustees, and Key Employees$41,500$31,125$31,125$103,750
Other Salaries and Wages$81,118$19,875$375$101,368
Information Technology$368$21,120$72$21,560
Payroll Taxes$9,491$4,070$2,435$15,996
Insurance-$12,730-$12,730
Fees for Services Accounting-$11,227-$11,227
Fees for Services Other-$11,194-$11,194
Fees for Services Legal$1,456-$6,335$7,791
Other Expenses$820$2,958$820$1,640
Travel$550$824-$1,374
Occupancy-$600-$600
Total Functional Expenses$5,881,599$115,723$45,034$6,042,356

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$6,042,356
Total Expenses per Audited Statements$6,042,356
Total Expenses per Form 990$6,042,356
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Thrivent Charitable Impact & InvestingAppleton, WI501 (c)(3)For Thrivent Charitable Fund 449208 - Thrivent Charitable Growth & Innovation Fund$164,000
World Pediatric ProjectRichmond, VA501 (c)(3)Ongoing Project Support for Caribbean, Latin America, and Asia/pacific Regions, as Well as Related Operating Support.$125,000
World Pediatric ProjectRichmond, VA501 (c)(3)General Operations$27,000
National Philanthropic TrustJenkintown, PA501 (c)(3)Grant to Donor-advised Fund No. Agg784581$25,329
National Philanthropic TrustJenkintown, PA501 (c)(3)Please Deposit in Donor-advised Fund No. Agg784581 With National Philanthropic Trust.$24,573
World Pediatric ProjectRichmond, VA501 (c)(3)Purpose Restricted for Use in the Asia/pacific Region$10,000
World Pediatric ProjectRichmond, VA501 (c)(3)Purpose Restricted for Use in the Latin America Region$10,000
World Pediatric ProjectRichmond, VA501 (c)(3)Purpose Restricted for Use in the Caribbean Region$10,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 1A

In 2023, the board executive committee was comprised of the board chair, the president/ceo/secretary, the board treasurer, and the prior board chair.

Form 990, Part VI, Section B, Line 11B

The return is prepared by the organization's independent accountant based on data provided by management. Once a draft return is available, it is provided to the governing body for review prior to filing.

Form 990, Part VI, Section B, Line 12C

The conflict of interest policy covers any director, principal officer, or member of a committee with governing board delegated powers. If a conflict of interest were to arise, the interested party is not present during the discussion and vote on the transaction or arrangement involving the possible conflict of interest. If this were to occur, it will be captured in the meeting minutes. Each year, board members are asked to complete a conflict of interest form. Then if conflicts of interest arise during the year, they are to disclose to the board.

Form 990, Part VI, Section B, Line 15

Using the council on foundation's 2023 midwest grantmaker salary, benefits, & demographics report as a resource, the executive officer's compensation is determined by the board of directors. The decision to approve the executive officer's compensation is documented in the board of directors meeting minutes as part of the annual budget review and approval process. The process described here was last completed in 2023.

Form 990, Part VI, Section C, Line 19

The organization does not make the governing documents, conflict of interest policy, and financial statements available to the public.

Filing and Contact Details

Filer

Filer Name
Venn Foundation
EIN
81-4476503
Phone
6125683204
Address
1900 BOHLAND AVENUE, SAINT PAUL, MN 55116

Signing Officer

Name
Jeff Ochs
Title
President & CEO
Phone
6125683204
Signed
2024-04-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jeff Ochs
Formed
2016
Legal Domicile
Mn
Voting Board Members
9
Independent Board Members
8
Employees
3
Volunteers
14

Preparer

Firm
Cliftonlarsonallen Llp
Address
220 S 6TH STREET SUITE 300, MINNEAPOLIS, MN 55402
Preparer
Mackenzie Mcnaughton
Phone
6123764500
Supplemental Narrative

Additional Explanations

PART V, LINE 9B:

Venn foundation made a grant to a public charity that also has a donor advised fund with the foundation. As a public charity, the donor is not a disqualified person for purposes of irc section 4958.

FORM 990, PART XI, LINE 9:

Change in value in closed loop fund -82,347.

Financial Statement Notes

PART X, LINE 2:

Venn foundation is exempt from federal and state income taxes under section 501(c)(3) of the internal revenue code and similar state income tax laws. The foundation is a public charity and contributions to the foundation qualifies as a charitable tax deduction by the contributor. The foundation's tax returns are subject to review and examination by federal, state and local authorities.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Change in value in closed loop fund -82,347.

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IRS990/OtherExpensesGrp/Desc3CLIENT DEVELOPMENT
IRS990/OtherExpensesGrp/FundraisingAmt03872
IRS990/OtherExpensesGrp/FundraisingAmt1820
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02958
IRS990/OtherExpensesGrp/ProgramServicesAmt05149544
IRS990/OtherExpensesGrp/ProgramServicesAmt1197997
IRS990/OtherExpensesGrp/ProgramServicesAmt22853
IRS990/OtherExpensesGrp/ProgramServicesAmt3820
IRS990/OtherExpensesGrp/TotalAmt05149544
IRS990/OtherExpensesGrp/TotalAmt1197997
IRS990/OtherExpensesGrp/TotalAmt29683
IRS990/OtherExpensesGrp/TotalAmt31640
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0375
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt019875
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt081118
IRS990/OtherSalariesAndWagesGrp/TotalAmt0101368
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt02435
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04070
IRS990/PayrollTaxesGrp/ProgramServicesAmt09491
IRS990/PayrollTaxesGrp/TotalAmt015996
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt012729
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt011099
IRS990/PrincipalOfficerNm0JEFF OCHS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0523000
IRS990/ProgramServiceRevenueGrp/BusinessCd1523000
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/Desc0PRI ACCRUED INTEREST
IRS990/ProgramServiceRevenueGrp/Desc1PRI CLOSING FEES
IRS990/ProgramServiceRevenueGrp/Desc2OTHER PROGRAM REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0437778
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1132736
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt28000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0437778
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1132736
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt28000
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt08428904
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0121500
IRS990/PYInvestmentIncomeAmt0114
IRS990/PYOtherExpensesAmt01791985
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0430290
IRS990/PYRevenuesLessExpensesAmt06767677
IRS990/PYSalariesCompEmpBnftPaidAmt0178146
IRS990/PYTotalExpensesAmt02091631
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt08859308
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-1573506
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd01
IRS990/RevenueAmt0578514
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0260952
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01574805
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt03844580
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt08428904
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt05045894
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt02728268
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0998801
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt021046447
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt045756
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0114
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt077
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt06489
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt07255
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt059691
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt01441916
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.42860
IRS990ScheduleA/PublicSupportPY170Pct00.43180
IRS990ScheduleA/PublicSupportTotal170Amt09047072
IRS990ScheduleA/SubstantialContributorsTotAmt011999375
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt03844580
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt08428904
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt05045894
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt02728268
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0998801
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt021046447
IRS990ScheduleA/TotalSupportAmt021106138
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleC/DirectContactLegislatorsInd00
IRS990ScheduleC/GrantsOtherOrganizationsInd00
IRS990ScheduleC/MailingsMembersAmt01250
IRS990ScheduleC/MailingsMembersInd01
IRS990ScheduleC/MediaAdvertisementsInd00
IRS990ScheduleC/NotDescribedSection501c3Ind00
IRS990ScheduleC/OtherActivitiesInd00
IRS990ScheduleC/PaidStaffOrManagementInd01
IRS990ScheduleC/PublicationsOrBroadcastInd00
IRS990ScheduleC/RalliesDemonstrationsInd00
IRS990ScheduleC/SupplementalInformationDetail/ExplanationTxt0IN 2023, VENN FOUNDATION'S CEO, WHO IS A PAID STAFF MEMBER, ENGAGED IN INSUBSTANTIAL LOBBYING ACTIVITIES RELATED TO ADVOCATING FOR NEW LEGISLATION AT THE STATE OF MINNESOTA TO ADJUST THE EXISTING MINNESOTA EDUCATION TAX CREDIT (METC) STATUTE. THE PRIMARY STATUTORY CHANGE THE VENN FOUNDATION IS ADVOCATING FOR IS AN INCREASE IN THE METC INCOME ELIGIBILITY LIMITS FOR MINNESOTA LOW-INCOME FAMILIES, WHICH HAS NOT BEEN INCREASED SINCE THE LAW WAS ORIGINALLY PASSED IN 1997. ACTIVITIES ENGAGED IN DURING THIS PERIOD INCLUDE RESEARCHING THE HISTORY OF THE METC; RAISING AWARENESS OF THE METC; AND ENCOURAGING FAMILIES, SERVICE PROVIDERS IN THE OUT-OF-SCHOOL-TIME FIELD, AND MEMBERS OF THE BROADER COMMUNITY TO SUPPORT THE LEGISLATION.
IRS990ScheduleC/SupplementalInformationDetail/FormAndLineReferenceDesc0PART II-B, LINE 1:
IRS990ScheduleC/TotalLobbyingExpendituresAmt01250
IRS990ScheduleC/VolunteersInd00
IRS990ScheduleD/DisclosedForCharitablePrpsInd01
IRS990ScheduleD/DisclosedOrgLegCtrlInd01
IRS990ScheduleD/DonorAdvisedFundsContriAmt03769220
IRS990ScheduleD/DonorAdvisedFundsGrantsAmt0395902
IRS990ScheduleD/DonorAdvisedFundsHeldCnt0112
IRS990ScheduleD/DonorAdvisedFundsVlEOYAmt013184765
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt06042356
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt0482870
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt12174907
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt2400000
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt33743424
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt483333
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt570000
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt6159590
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt7100500
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt8368191
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt9109000
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt1026832
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt11315142
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt12115955
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt13335458
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt14100000
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt1525050
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt16251684
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt17204750
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt18379578
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt19231750
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt20115000
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt21158000
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt22391722
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt23453841
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt24155000
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt25125785
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt26481625
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0ACTARIS SADDLEBACK-WORKFORCE HOUSING
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1ARCTARIS SADDLEBACK
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc2BETTER FUTURE FORWARD
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc3CLOSED LOOP FUND, LP
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc4EMERGE ENTERPRISES
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc5FAMILY TREE, INC.
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc6GLOBAL WATER FIRST
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc7GOLDEN PATH SOLUTIONS
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc8KINDLY TECH
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc9LUTUNJI'S PALATE
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc10MAA LOAN FUND - 2021
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc11MAA LOAN FUND - 2022
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc12MN CHILDREN'S MUSEUM
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc13NEIGHBORHOOD DEVELOPMENT CENTER
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc14PROSERVA
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc15REFLECTION SCIENCES, INC.
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc16TECH DUMP
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc17TRI-CONSTRUCTION
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc18YARDHOMES
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc19NEXT LEVEL LOGISTICS, LLC. MATURES FEBRUARY 2031
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc20LIP ESTEEM, LLC. MATURES FEBRUARY 2029
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc21TAYLOR'D SKIN & CO. ESTHESTICS BAR, LLC. MATURES JANUARY 2030
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc22J BENSON CONSTRUCTION, GBC, MATURES JANUARY 2029
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc23MAA LOAN FUND - 2023
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc24APPLE TREE DENTAL. MATURES APRIL 2030
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc25FAIR ANITA, SBC PRI #2. MATURES SEPTEMBER 2027
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc26SANTA BARBARA NUTRIENTS, PBC, MATURES DECEMBER 2028
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd2C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd3F
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd4C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd5C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd6C

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