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Social Venture Partners Los Angeles Inc

Social Venture Partners Los Angeles Inc

Los Angeles, CA 90017
Tax ID51-0563566

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About this organization

Revenue

$736,080

Expenses

$698,896

Website

svpla.org

Mission

Creating lasting social change rarely happens through one person acting alone. More often, change happens when many of us come together around a common purpose. That's what SVP is all about. We connect individuals who want to give their time and money to make their communities stronger and the nonprofits leading the way with disruptive ideas to tackle Los Angeles' toughest challenges. The learning goes both ways - Partners come to SVP to change their community, but they stay with SVP because the community changes them.

About

Systems Change Accelerator: SVP supports a cohort of early-stage systems change initiatives with a combination of seed funding, peer learning, and skill-based mentoring and coaching. SVP provides a range of in-kind assistance based on the nonprofits' priorities, including strategic planning, marketing, communications, executive coaching, leadership and organizational development, finance, and fundraising. Over 45 members (also referred to as Partners) and other volunteers contributed over 600 hours to our Systems Change Accelerator. See Sch O for more details.

Interesting data from their 2020 990 filing

The purpose of the non-profit is outlined in the filing as “Svp's mission is to bolster early-stage systems change initiatives and cultivate effective, engaged philanthropists.”.

When detailing its duties, they were outlined as: “Social venture partners los angeles (svp) is a diverse community of angelenos (con on sch o) that incubates and accelerates emerging nonprofit social justice efforts. svp bolsters early-stage systems change initiatives and cultivates effective, engaged philanthropists.”.

  • The state where the non-profit operates has been legally reported as CA.
  • The filing indicates that the non-profit's address in 2020 is located at 800 Wilshire Blvd No 200, Los Angeles, CA, 90017.
  • The non-profit's form for the year 2020 reports a total of 4 employees on their payroll.
  • Is not a private foundation.
  • Expenses are between $500,000 and $1,000,000+.
  • Revenue is between $500,000 and $1,000,000+.
  • Revenue less expenses is $37,184.
  • The organization has 9 independent voting members.
  • The organization was formed in 2005.
  • The organization pays $315,109 in salary, compensation, and benefits to its employees.
  • The organization pays $35,227 in fundraising expenses.