Liabilities / Assets
56th percentile
Higher debt load relative to assets than 56% of similar nonprofits.
Long Island Venture Group Inc
990EZ • Fiscal year 2018 • EIN 11-2872414
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.00x
Liabilities / Revenue
53rd percentile
Higher debt load relative to revenue than 53% of similar nonprofits.
Net Margin
21st percentile
Higher net margin than 21% 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
10th percentile
Faster asset growth than 10% of similar nonprofits.
Revenue Growth
29th percentile
Faster revenue growth than 29% of similar nonprofits.
Balance Sheet
Assets
Down$19,755
Down $11,458 (-37%) from 2017
Net Assets
Down$19,721
Down $7,485 (-28%) from 2017
Liabilities
Down$34
Down $3,973 (-99%) from 2017
Revenue And Expenses
Revenue
Down$55,740
Down $7,605 (-12%) from 2017
Expenses
Down$63,225
Down $4,026 (-6.0%) from 2017
Net Income
Down-$7,485
Down $3,579 (-92%) from 2017
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Feb 1, 2017 to Jan 31, 2018
- Signed
- Dec 12, 2018
- Return Version
- 2017v2.3
- Gross Receipts
- $55,740
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 |
|---|---|---|---|---|---|
| ERIC ALTSTADTER | 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
- Eric Altstadter
- Title
- Treas
- Phone
- 5168648888
- Signed
- 2018-12-12
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Uhy Advisors Ny Inc
- Address
- 1185 AVENUE OF THE AMERICAS 38TH, FLOOR, NEW YORK, NY 10036
- Preparer
- Corey Massella
- Phone
- 2123814700
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 8 - Other Revenue
“Description: program fees . Amount: 30. Description: misc. Income. Amount: 10,000. Total to form 990-ez, line 8: 10,030.”
Form 990-ez, Part I, Line 16 - Other Expenses
“Description: administration fees. Amount: 47,000. Description: professional fees. Amount: 3,620. Description: bank service fees. Amount: 812. Description: d & o insurance. Amount: 1,601. Description: events and meetings expenses. Amount: 6,346. Description: office expenses. Amount: 544. Description: miscellaneous. Amount: 275. Description: interest expense. Amount: 123. Description: advertising. Amount: 969. Description: website hosting. Amount: 1,935. Total to form 990-ez, line 16: 63,225.”
Form 990-ez, Part II, Line 24 - Other Assets
“Description: prepaid expenses. Beg. Of year amount: 218. End of year amount: 0. Description: accounts receivable. Beg. Of year amount: 0. End of year amount: 2,250.”
Form 990-ez, Part II, Line 26 - Other Liabilities
“Description: accrued expenses. Beg. Of year amount: 4,007. End of year amount: 0. Description: accounts payable. Beg. Of year amount: 0. End of year amount: 34.”
Raw XML Appendix118 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 | ERIC ALTSTADTER |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 5168648888 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 6900 JERICHO TURNPIKE SUITE 312 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | SYOSSET |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NY |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 11791 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 30995 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 17505 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 36250 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -7485 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 31213 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 19755 |
| IRS990EZ/GrossReceiptsAmt | 0 | 55740 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MembershipDuesAmt | 0 | 4060 |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 27206 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 19721 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 27206 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 19721 |
| 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 | ERIC ALTSTADTER |
| 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 | 218 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 2250 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 63225 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 10030 |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | EDUCATIONAL |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 5400 |
| 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 | 4007 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 34 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 63225 |
| IRS990EZ/TotalRevenueAmt | 0 | 55740 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.LICAPITAL.ORG |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION: PROGRAM FEES . AMOUNT: 30. DESCRIPTION: MISC. INCOME. AMOUNT: 10,000. TOTAL TO FORM 990-EZ, LINE 8: 10,030. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION: ADMINISTRATION FEES. AMOUNT: 47,000. DESCRIPTION: PROFESSIONAL FEES. AMOUNT: 3,620. DESCRIPTION: BANK SERVICE FEES. AMOUNT: 812. DESCRIPTION: D & O INSURANCE. AMOUNT: 1,601. DESCRIPTION: EVENTS AND MEETINGS EXPENSES. AMOUNT: 6,346. DESCRIPTION: OFFICE EXPENSES. AMOUNT: 544. DESCRIPTION: MISCELLANEOUS. AMOUNT: 275. DESCRIPTION: INTEREST EXPENSE. AMOUNT: 123. DESCRIPTION: ADVERTISING. AMOUNT: 969. DESCRIPTION: WEBSITE HOSTING. AMOUNT: 1,935. TOTAL TO FORM 990-EZ, LINE 16: 63,225. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DESCRIPTION: PREPAID EXPENSES. BEG. OF YEAR AMOUNT: 218. END OF YEAR AMOUNT: 0. DESCRIPTION: ACCOUNTS RECEIVABLE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 2,250. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | DESCRIPTION: ACCRUED EXPENSES. BEG. OF YEAR AMOUNT: 4,007. END OF YEAR AMOUNT: 0. DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 34. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | 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 | 2019-02-21 02:37:17Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | ERIC ALTSTADTER |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | TREAS |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 5168648888 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2018-12-12 |
| 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/FilingSecurityInformation/AtSubmissionCreationDeviceId | 0 | DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | AD84867D71BFDEE27B98AFEF5981303E7E7C3CEC |
| ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd | 0 | P |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 209.99.101.4 |
| ReturnHeader/FilingSecurityInformation/IPDt | 0 | 2018-12-12 |
| ReturnHeader/FilingSecurityInformation/IPTimezoneCd | 0 | ES |
| ReturnHeader/FilingSecurityInformation/IPTm | 0 | 14:13:54 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 141555429 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | UHY ADVISORS NY INC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 1185 AVENUE OF THE AMERICAS 38TH |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine2Txt | 0 | FLOOR |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | NEW YORK |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 10036 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 2123814700 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | COREY MASSELLA |
| ReturnHeader/ReturnTs | 0 | 2018-12-13T08:33:01-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2017-02-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2018-01-31 |
| ReturnHeader/TaxYr | 0 | 2017 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $19,755
- Liabilities
- $34
- Net assets
- $19,721
- Revenue
- $55,740
- Expenses
- $63,225
- Net income
- -$7,485