Overview

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Fiscal Year Start

Jul 1

Organization Type

Grantseeker

AI Summary

AZ VENTURE CAPITAL INC is a nonprofit organization focused on community improvement in Arizona. With an operating budget and total revenue of $1.1 million for the 2024 filing year, its mission is to promote access to equity capital for underrepresented businesses, catalyze private investment, and fuel economic growth and good jobs throughout the state. The organization does not rely on a single funder for 50% or more of its revenue. For more information, visit www.azventurecap.com.

Mission Statement

TO PROMOTE ACCESS TO EQUITY CAPITAL TO UNDERREPRESENTED BUSINESSES, CATALYZE PRIVATE INVESTMENT, AND FUEL ECONOMIC GROWTH AND GOOD JOBS IN ARIZONA.
Revenues
$1.1M
Expenses
$1.1M
Net Income:
+$50.2K
Assets
$9.3M
Liabilities
$11.4M
Net Assets:
-$2.1M
Operating Budget
$1.1M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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A
Andrew Lombard
Board Member
S
Sandra Watson
Board Member
J
Jim Swanson
Board Member

Frequently Asked Questions

What is AZ VENTURE CAPITAL INC’s budget?
In 2024, AZ VENTURE CAPITAL INC reported an annual operating budget of around $1.1 million. More detailed financial information is available to registered users.
What causes does AZ VENTURE CAPITAL INC support?
AZ VENTURE CAPITAL INC supports work in Community improvement.
Where does AZ VENTURE CAPITAL INC operate?
AZ VENTURE CAPITAL INC is headquartered in PHOENIX, AZ.
What is AZ VENTURE CAPITAL INC’s reliance on government grants?
AZ VENTURE CAPITAL INC relied on government grants for more than 95% of their total revenue in 2024.