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Massachusetts · Nonprofit

NEW ENGLAND VENTURE CAPITAL ASSOCIATION INC F/K/A NE VENTURE CAPITAL ASSOC

NEW ENGLAND VENTURE CAPITAL ASSOCIATION INC F/K/A NE VENTURE CAPITAL ASSOC (Massachusetts) receives grants from 2 organizations whose IRS filings report $1,071,960 to it, the largest being Boston Foundation Inc ($1,056,960). 2 of them have funded it in more than one year, and 100% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$669k
Funders on record
2
Grants received
$1.1M
Net assets
$644k
2/2 repeat funderspeak grant-dependency 43%
01What it does

What New England Venture Capital Association Inc F/K/A Ne Venture Capital Assoc does

Mission

To maintain a vibrant venture capital community in new england that will help keep its startup ecosystem thriving.

As stated on its FY2025 Form 990.

Programs

  1. Conducting and sharing research on the needs and interests of local entrepreneurs and highlighting trends and emerging companies.

  2. Promotion of professional development and networking opportunities to the membership and venture capital community.

  3. Encourage and educate students and others on the opportunities in the startup community.

The 3 programs described on its FY2025 Form 990, listed largest first by expense.

02The organization over time

The organization over time

Each line starts at 100 in 2018, so what you read is the shape rather than the size: 150 means half as much again as 2018, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20182018 Revenue 100 ($1.6M) Expenses 100 ($1.1M) Net assets 100 ($738k)2019 Revenue 133 ($2.1M) Expenses 121 ($1.4M) Net assets 194 ($1.4M)2020 Revenue 92 ($1.4M) Expenses 141 ($1.6M) Net assets 167 ($1.2M)2021 Revenue 51 ($792k) Expenses 77 ($873k) Net assets 88 ($647k)2022 Revenue 41 ($639k) Expenses 49 ($552k) Net assets 99 ($733k)2023 Revenue 58 ($910k) Expenses 64 ($726k) Net assets 124 ($917k)2024 Revenue 43 ($670k) Expenses 67 ($757k) Net assets 112 ($830k)2025 Revenue 43 ($669k) Expenses 75 ($856k) Net assets 87 ($644k)
'18'19'20'21'22'23'24'25
Revenue (43)Expenses (75)Net assets (87)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2018 to 2019, from $738k to $1.4M (+94%).

$738k
$1.4M
$1.2M
$647k
$733k
$917k
$830k
$644k
'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2018 2%. Grants only. Government contracts and fees sit inside program revenue.

76% of NEW ENGLAND VENTURE CAPITAL ASSOCIATION INC F/K/A NE VENTURE CAPITAL ASSOC’s revenue is contributions — more reliant on donations than three-quarters of its peers (1% for the typical peer).

This organization
Typical peer · 2,038 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 8 reported years ran a deficit.

$424k
’18
$695k
’19
−$167k
’20
−$81k
’21
$86k
’22
$184k
’23
−$87k
’24
−$187k
’25
9.0
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Kent Bennett

Chair

As listed on its FY2025 Form 990.

'18'19'20'21'22'23'24'25
Listed1919191713161617
Joined·+0+5+2+0+10+0+3
No longer listed·0544702
03Who funds it

Who funds it, year by year

2017 → 2022: the base narrowed from 2 funders to 1 funder, grant income rose $33k → $275k.

Funder
'17
'18
'20
'21
'22
total
funders
2
2
1
1
1

2 of 2 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 100% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of NEW ENGLAND VENTURE CAPITAL ASSOCIATION INC F/K/A NE VENTURE CAPITAL ASSOC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

NEW ENGLAND VENTURE CAPITAL ASSOCIATION INC F/K/A NE VENTURE CAPITAL ASSOC leans on a few funders — its largest provides 99% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

100% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund NEW ENGLAND VENTURE CAPITAL ASSOCIATION INC F/K/A NE VENTURE CAPITAL ASSOC.

99%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2017 77% · 2018 95% · 2020 100% · 2021 100% · 2022 100% — growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of NEW ENGLAND VENTURE CAPITAL ASSOCIATION INC F/K/A NE VENTURE CAPITAL ASSOC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Too little is directly attributable to place on a map.

Funder states come from each funder’s own filing. $1.1M arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

NEW ENGLAND VENTURE CAPITAL ASSOCIATION INC F/K/A NE VENTURE CAPITAL ASSOC's revenue fell 57% between 2018 and 2025.

Operating margin−28% · bottom quartile
Months of reserve9.0mo · below the median
Revenue growth (annualized)−11% · bottom quartile

this organization peer median middle 50% of peers· 1,257 membership benefit nonprofits $100k–$1M, FY2025

Organizations like NEW ENGLAND VENTURE CAPITAL ASSOCIATION INC F/K/A NE VENTURE CAPITAL ASSOC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Massachusetts

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Governance

17
board members
82%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Footprint & structure

Files a return copy in 1 state

MA

Screen this organization

A dated, signed PDF of the compliance screen for NEW ENGLAND VENTURE CAPITAL ASSOCIATION INC F/K/A NE VENTURE CAPITAL ASSOC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds NEW ENGLAND VENTURE CAPITAL ASSOCIATION INC F/K/A NE VENTURE CAPITAL ASSOC?
NEW ENGLAND VENTURE CAPITAL ASSOCIATION INC F/K/A NE VENTURE CAPITAL ASSOC (Massachusetts) receives grants from 2 organizations whose IRS filings report $1,071,960 to it, the largest being Boston Foundation Inc ($1,056,960). 2 of them have funded it in more than one year, and 100% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does NEW ENGLAND VENTURE CAPITAL ASSOCIATION INC F/K/A NE VENTURE CAPITAL ASSOC have?
IRS filings report 2 organizations giving $1,071,960 in grants to NEW ENGLAND VENTURE CAPITAL ASSOCIATION INC F/K/A NE VENTURE CAPITAL ASSOC, 2 of which have funded it in more than one year.
Who is the largest funder of NEW ENGLAND VENTURE CAPITAL ASSOCIATION INC F/K/A NE VENTURE CAPITAL ASSOC?
Boston Foundation Inc is the largest funder on record, with $1,056,960 in grants. The full list of funders is on this page.
How can an organization like NEW ENGLAND VENTURE CAPITAL ASSOCIATION INC F/K/A NE VENTURE CAPITAL ASSOC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Massachusetts. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds New England Venture Capital Association Inc F/K/A Ne Venture Capital Assoc →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2018–2025), and the filings of 2 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing