Venti-Now is located in Cincinnati, OH. According to its NTEE Classification (H80) the organization is classified as: Specifically Named Diseases Research, under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Venti-Now is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Venti-Now generated $60.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (54.3%) each year. All expenses for the organization totaled $58.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (45.8%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
TO PROVIDE LIGHTWEIGHT, PORTABLE AND INEXPENSIVE VENTILATOR FOR USE ON PATIENTS WHO NEED ASSISTANCE IN BREATHING. WE DONATED AND INSTALLED 10 VENTILATOR UPGRADE KITS AND PRODUCED ANOTHER 25 VENTILATOR KITS.
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
John Molander Founder  | 40 | $0 | |
Art Koehler Director Of Engineering  | 30 | $0 | |
John Heithaus President  | 30 | $0 | |
Cory Ingle Corp Secretary  | 10 | $0 | |
Muhammad Mujeeb Treasurer  | 10 | $0 | 
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $60,654 | 
| Total Program Service Revenue | $0 | 
| Membership dues | $0 | 
| Investment income | $0 | 
| Gain or Loss | $0 | 
| Net Income from Gaming & Fundraising | $0 | 
| Other Revenue | $0 | 
| Total Revenue | $60,654 | 
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 | 
| Benefits paid to or for members | $0 | 
| Salaries, other compensation, and employee benefits | $0 | 
| Professional fees and other payments to independent contractors | $14,919 | 
| Occupancy, rent, utilities, and maintenance | $0 | 
| Printing, publications, postage, and shipping | $0 | 
| Other expenses | $44,013 | 
| Total expenses | $58,932 | 
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $58,723 | 
| Other assets | $0 | 
| Total assets | $58,723 | 
| Total liabilities | $0 | 
| Net assets or fund balances | $58,723 |