Liabilities / Assets
58th percentile
Higher debt load relative to assets than 58% of similar nonprofits.
Long Island Venture Group Inc
990EZ • Fiscal year 2021 • EIN 11-2872414
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.00x
Liabilities / Revenue
58th percentile
Higher debt load relative to revenue than 58% of similar nonprofits.
Net Margin
84th percentile
Higher net margin than 84% of similar nonprofits.
Top Officer Pay
80th percentile
Higher top officer pay than 80% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
39th percentile
Faster asset growth than 39% of similar nonprofits.
Revenue Growth
18th percentile
Faster revenue growth than 18% of similar nonprofits.
Balance Sheet
Assets
Up$55,582
Up $228 (+0.4%) from 2020
Net Assets
Up$55,366
Up $14,551 (+36%) from 2020
Liabilities
Down$216
Down $14,323 (-99%) from 2020
Revenue And Expenses
Revenue
Down$33,605
Down $19,372 (-37%) from 2020
Expenses
Down$19,054
Down $11,708 (-38%) from 2020
Net Income
Down$14,551
Down $7,664 (-34%) from 2020
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Feb 1, 2020 to Jan 31, 2021
- Signed
- May 26, 2021
- Return Version
- 2020v4.1
- Gross Receipts
- $33,605
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 | - | - |
| MICHAEL LANE | Chairperson | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Long Island Venture Group Inc
- EIN
- 11-2872414
- Phone
- 2127575602
- Address
- 6900 JERICHO TURNPIKE, SYOSSET, NY 11791
Signing Officer
- Name
- Eric Altstadter
- Title
- Treasurer
- Phone
- 5168648888
- Signed
- 2021-05-26
- 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 16 - Other Expenses
“Description: professional fees. Amount: 7,820. Description: bank service fees. Amount: 340. Description: insurance expense. Amount: 1,585. Description: website hosting. Amount: 8,642. Description: other expenses. Amount: 667. Total to form 990-ez, line 16: 19,054.”
Form 990-ez, Part II, Line 24 - Other Assets
“Description: prepaid expenses. Beg. Of year amount: 125. End of year amount: 133. Description: accounts receivable. Beg. Of year amount: 0. End of year amount: 300.”
Form 990-ez, Part II, Line 26 - Other Liabilities
“Description: accounts payable. Beg. Of year amount: 1,039. End of year amount: 216. Description: deferred revenue. Beg. Of year amount: 13,500. End of year amount: 0.”
Raw XML Appendix113 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 | 55229 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 55149 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 0 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 14551 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 55354 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 55582 |
| IRS990EZ/GrossReceiptsAmt | 0 | 33605 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MembershipDuesAmt | 0 | 33605 |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 40815 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 55366 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 40815 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 55366 |
| 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 | MICHAEL LANE |
| 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 | 125 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 433 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 19054 |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | EDUCATIONAL |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 0 |
| 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/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 14539 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 216 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 19054 |
| IRS990EZ/TotalRevenueAmt | 0 | 33605 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.LICAPITAL.ORG |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION: PROFESSIONAL FEES. AMOUNT: 7,820. DESCRIPTION: BANK SERVICE FEES. AMOUNT: 340. DESCRIPTION: INSURANCE EXPENSE. AMOUNT: 1,585. DESCRIPTION: WEBSITE HOSTING. AMOUNT: 8,642. DESCRIPTION: OTHER EXPENSES. AMOUNT: 667. TOTAL TO FORM 990-EZ, LINE 16: 19,054. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION: PREPAID EXPENSES. BEG. OF YEAR AMOUNT: 125. END OF YEAR AMOUNT: 133. DESCRIPTION: ACCOUNTS RECEIVABLE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 300. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 1,039. END OF YEAR AMOUNT: 216. DESCRIPTION: DEFERRED REVENUE. BEG. OF YEAR AMOUNT: 13,500. END OF YEAR AMOUNT: 0. |
| 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/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 2 |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | ERIC ALTSTADTER |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | TREASURER |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 5168648888 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2021-05-26 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | LONG ISLAND VENTURE GROUP INC |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt | 0 | C/O ERIC ALTSTADTER - EISNER AMPER LLP |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | LONG |
| ReturnHeader/Filer/EIN | 0 | 112872414 |
| ReturnHeader/Filer/PhoneNum | 0 | 2127575602 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 6900 JERICHO TURNPIKE |
| ReturnHeader/Filer/USAddress/CityNm | 0 | SYOSSET |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 11791 |
| 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 | 2021-05-27T04:49:45-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | ERIC |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | ALTSTADTER |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2020-02-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2021-01-31 |
| ReturnHeader/TaxYr | 0 | 2020 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $55,582
- Liabilities
- $216
- Net assets
- $55,366
- Revenue
- $33,605
- Expenses
- $19,054
- Net income
- $14,551