Liabilities / Assets
75th percentile
Higher debt load relative to assets than 75% of similar nonprofits.
Long Island Venture Group Inc
990EZ • Fiscal year 2016 • EIN 11-2872414
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.09x
Liabilities / Revenue
75th percentile
Higher debt load relative to revenue than 75% of similar nonprofits.
Net Margin
11th percentile
Higher net margin than 11% of similar nonprofits.
Top Officer Pay
77th percentile
Higher top officer pay than 77% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
19th percentile
Faster asset growth than 19% of similar nonprofits.
Revenue Growth
42nd percentile
Faster revenue growth than 42% of similar nonprofits.
Balance Sheet
Assets
Down$34,322
Down $7,877 (-19%) from 2015
Net Assets
$31,112
No earlier filing loaded for comparison.
Liabilities
Up$3,210
Up $3,061 (+2054%) from 2015
Revenue And Expenses
Revenue
Down$42,620
Down $1,920 (-4.3%) from 2015
Expenses
Up$53,558
Up $23,772 (+80%) from 2015
Net Income
Down-$10,938
Down $25,692 (-174%) from 2015
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Feb 1, 2015 to Jan 31, 2016
- Signed
- Nov 30, 2016
- Return Version
- 2015v2.1
- Gross Receipts
- $42,620
Mission and Program Overview
Mission
EDUCATIONAL
Program Services
| Description | Grants | Expenses |
|---|---|---|
| TO PROVIDE EDUCATION ON LONG ISLAND, NY PRIVATE EQUITY BUSINESS ACTIVITIES. | $0 | $0 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| JIM MATTUTAT | Treasurer | - | $0 | - | - |
| COREY MASSELLA | President | - | $0 | - | - |
| NEIL KAUFMAN | Chairperson | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Long Island Venture Group Inc
- EIN
- 11-2872414
- Phone
- 2127575602
- Address
- 1776 BROADWAY NO 2030, NEW YORK, NY 10019
Signing Officer
- Name
- Jim Mattutat
- Title
- Treas
- Phone
- 5169825432
- Signed
- 2016-11-30
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Ksm Business Services Inc
- Address
- 1776 BROADWAY SUITE 2030, NEW YORK, NY 10019
- Preparer
- Corey Massella
- Phone
- 2127575602
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16 - Other Expenses
“Description: professional fees. Amount: 39,123. Description: bank service fees. Amount: 1,123. Description: d & o insurance. Amount: 1,412. Description: meeting expense. Amount: 5,187. Description: office expenses. Amount: 4,991. Description: web site. Amount: 1,649. Description: miscellaneous. Amount: 73. Total to form 990-ez, line 16: 53,558.”
Form 990-ez, Part II, Line 24 - Other Assets
“Description: prepaid expenses. Beg. Of year amount: 318. End of year amount: 219.”
Form 990-ez, Part II, Line 26 - Other Liabilities
“Description: accrued expenses. Beg. Of year amount: 149. End of year amount: 3,210.”
Raw XML Appendix108 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | JIM MATTUTAT |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 5169825432 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 20 GREEN KNOLL COURT |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | NORTHPORT |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NY |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 11768 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 41881 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 34103 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 29800 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -10938 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 42199 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 34322 |
| IRS990EZ/GrossReceiptsAmt | 0 | 42620 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MembershipDuesAmt | 0 | 4920 |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 42050 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 31112 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 42050 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 31112 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | JIM MATTUTAT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | COREY MASSELLA |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | NEIL KAUFMAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | CHAIRPERSON |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 318 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 219 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 53558 |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | EDUCATIONAL |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 7900 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | TO PROVIDE EDUCATION ON LONG ISLAND, NY PRIVATE EQUITY BUSINESS ACTIVITIES. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | NY |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 149 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 3210 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 53558 |
| IRS990EZ/TotalRevenueAmt | 0 | 42620 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.LICAPITAL.ORG |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION: PROFESSIONAL FEES. AMOUNT: 39,123. DESCRIPTION: BANK SERVICE FEES. AMOUNT: 1,123. DESCRIPTION: D & O INSURANCE. AMOUNT: 1,412. DESCRIPTION: MEETING EXPENSE. AMOUNT: 5,187. DESCRIPTION: OFFICE EXPENSES. AMOUNT: 4,991. DESCRIPTION: WEB SITE. AMOUNT: 1,649. DESCRIPTION: MISCELLANEOUS. AMOUNT: 73. TOTAL TO FORM 990-EZ, LINE 16: 53,558. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION: PREPAID EXPENSES. BEG. OF YEAR AMOUNT: 318. END OF YEAR AMOUNT: 219. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DESCRIPTION: ACCRUED EXPENSES. BEG. OF YEAR AMOUNT: 149. END OF YEAR AMOUNT: 3,210. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT. |
| ReturnHeader/BuildTS | 0 | 2017-02-10 21:41:12Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | JIM MATTUTAT |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | TREAS |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 5169825432 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2016-11-30 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | LONG ISLAND VENTURE GROUP INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | LONG |
| ReturnHeader/Filer/EIN | 0 | 112872414 |
| ReturnHeader/Filer/PhoneNum | 0 | 2127575602 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 1776 BROADWAY NO 2030 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | NEW YORK |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 10019 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 352123203 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | KSM BUSINESS SERVICES INC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 1776 BROADWAY SUITE 2030 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | NEW YORK |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 10019 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 2127575602 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2016-11-30 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | COREY MASSELLA |
| ReturnHeader/ReturnTs | 0 | 2016-12-02T12:59:37-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2015-02-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2016-01-31 |
| ReturnHeader/TaxYr | 0 | 2015 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $34,322
- Liabilities
- $3,210
- Net assets
- $31,112
- Revenue
- $42,620
- Expenses
- $53,558
- Net income
- -$10,938