VENTURE TOGETHER INC
Mission Statement
Founded by families for families, we nurture lifelong growth, opportunity, and joy for people with intellectual and developmental disabilities. Our Values: Respect for all — We seek to develop trusting, lasting relationships by treating everyone in our community as we believe they want to be treated. Treat one another like family — We strive to nurture a culture where the people we support and our staff feel valued and connected in an atmosphere of trust, safety, and compassion. Pursue lifelong growth — We make a lifelong commitment to cultivate personal and professional growth and fulfillment for all in our community. Create joy everyday — We find ways to have fun, laugh, and enjoy our time together — because happiness is the key to a good life.
Financial Overview — FY 2024
Compared with Peers
FY 2024| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
86.9% | 87.5% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
13.1% | 11.1% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.2% |
P10P90
|
Top quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
0.0% | 423.7% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
8.0 mo | 6.6 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
28.0% | 32.8% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
96.5% | 92.7% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
6.0% | 7.6% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-0.3% | 6.9% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
1.4% | 1.6% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $39.6M | $39.1M | $25.9M | 86.9% | 604 |
| 2023 | $37.4M | $39.2M | $23.9M | 88.3% | 572 |
| 2022 | $43.9M | $43.2M | $25.0M | 91.4% | 579 |
| 2021 | $37.8M | $32.8M | N/A | — | 578 |
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