Civic Intelligence

Philanthropic Venture Fund

EIN 20-8543159 • 501(c)3 • Newport News, VA

Profile

The primary exempt purpose for the organization is for the benefit of charitable, educational, and/or scientific purposes.

739 Thimble Shoals Blvd Ste 105Newport News, VA 23606

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

61st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

98th percentile

100%

Higher net margin than 98% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

96th percentile

192%

Faster asset growth than 96% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

99th percentile

1507%

Faster revenue growth than 99% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets59th percentile

Assets

Up

$93,181

Up $61,315 (+192%) from 2022

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Up

$93,181

Up $61,345 (+193%) from 2022

Operations
Liabilities / Revenue61st percentileNet Margin98th percentile

Revenue

Up

$61,550

Up $57,720 (+1507%) from 2022

Expenses

Down

$200

Down $3,600 (-95%) from 2022

Net Income

Up

$61,350

Up $61,320 (+204400%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth96th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$100K$50K$0Assets 2011: $25,825Liabilities 2011: $02011Assets 2012: $25,871Liabilities 2012: $02012Assets 2013: $25,962Net Assets 2013: $25,9622013Assets 2014: $26,567Net Assets 2014: $26,5672014Assets 2015: $27,222Net Assets 2015: $27,2222015Assets 2016: $29,077Net Assets 2016: $29,0772016Assets 2017: $30,485Net Assets 2017: $30,4852017Assets 2018: $30,744Net Assets 2018: $30,7442018Assets 2019: $31,144Net Assets 2019: $31,1442019Assets 2020: $31,630Liabilities 2020: $25Net Assets 2020: $31,6052020Assets 2021: $31,831Liabilities 2021: $25Net Assets 2021: $31,8062021Assets 2022: $31,866Liabilities 2022: $30Net Assets 2022: $31,8362022Assets 2023: $93,181Net Assets 2023: $93,1812023

Highlighted filing

2023

Assets$93,181
Liabilities-
Net Assets$93,181
Open 2023 Filing

Operations Trend

Revenue Growth99th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$80K$60K$40K$20K$0Revenue 2011: $287Expenses 2011: $25Net Income 2011: $2622011Revenue 2012: $351Expenses 2012: $305Net Income 2012: $462012Revenue 2013: $801Expenses 2013: $710Net Income 2013: $912013Revenue 2014: $977Expenses 2014: $372Net Income 2014: $6052014Revenue 2015: $1,032Expenses 2015: $377Net Income 2015: $6552015Revenue 2016: $2,230Expenses 2016: $375Net Income 2016: $1,8552016Revenue 2017: $1,4072017Revenue 2018: $2592018Revenue 2019: $4002019Revenue 2020: $486Expenses 2020: $25Net Income 2020: $4612020Revenue 2021: $2012021Revenue 2022: $3,830Expenses 2022: $3,800Net Income 2022: $302022Revenue 2023: $61,550Expenses 2023: $200Net Income 2023: $61,3502023

Highlighted filing

2023

Revenue$61,550
Expenses$200
Net Income$61,350
Open 2023 Filing

Filings

Most recent year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$93,181
Liabilities
-
Net assets
$93,181
Revenue
$61,550
Expenses
$200
Net income
$61,350
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$93.2$93.2$61.6$0.20$61.4
2022Detailed filing. Detailed filing data is available for this year.$31.9$0.03$31.8$3.83$3.80$0.03
2021Detailed filing. Detailed filing data is available for this year.$31.8$0.03$31.8$0.20
2020Detailed filing. Detailed filing data is available for this year.$31.6$0.03$31.6$0.49$0.03$0.46
2019Detailed filing. Detailed filing data is available for this year.$31.1$31.1$0.40
2018Detailed filing. Detailed filing data is available for this year.$30.7$30.7$0.26
2017Detailed filing. Detailed filing data is available for this year.$30.5$30.5$1.41
2016Detailed filing. Detailed filing data is available for this year.$29.1$29.1$2.23$0.38$1.86
2015Detailed filing. Detailed filing data is available for this year.$27.2$27.2$1.03$0.38$0.66
2014Detailed filing. Detailed filing data is available for this year.$26.6$26.6$0.98$0.37$0.61
2013Detailed filing. Detailed filing data is available for this year.$26.0$26.0$0.80$0.71$0.09
2012Summary only. Only limited summary data is available for this year.$25.9$0.00$0.35$0.31$0.05
2011Summary only. Only limited summary data is available for this year.$25.8$0.00$0.29$0.03$0.26
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 12, 2024
Return Version
2023v5.0
Gross Receipts
$61,550
Mission and Program Overview

Mission

The primary exempt purpose for the organization is for the benefit of charitable, educational, and/or scientific purposes.

Program Services

DescriptionGrantsExpenses
REQUESTS EVALUATED FOR SUPPORTING CONTRIBUTIONS.--
REQUESTS EVALUATED FOR SUPPORTING CONTRIBUTIONS.--
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
E D DAVIDPresident-$0--
JOSHUA DAVIDTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Philanthropic Venture Fund
EIN
20-8543159
Phone
7575954500
Address
739 THIMBLE SHOALS BLVD STE 105, NEWPORT NEWS, VA 23606

Signing Officer

Name
E D David
Title
President
Phone
7575954500
Signed
2024-05-12
Discuss with paid preparer
Yes

Preparer

Firm
Bean Global Advisors LLC
Address
739 THIMBLE SHOALS BLVD STE 101, NEWPORT NEWS, VA 23606-3562
Preparer
John Mitchell Bean
Phone
7575898123
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses tax preparation 200 total 200”

Form 990-ez, Part II, Line 26

“Payable to affiliate 30 0”

Form 990-ez, Part III

“The primary exempt purpose for the organization is for the benefit of charitable, educational, and/or scientific purposes.”

Form 990-ez, Part III, Line 31

“Requests evaluated for supporting contributions.”

Raw XML Appendix139 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0E D DAVID
IRS990EZ/BooksInCareOfDetail/PhoneNum07575954500
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0739 THIMBLE SHOALS BLVD
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine2Txt0SUITE 105
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0NEWPORT NEWS
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd023606
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt031861
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt093181
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt060000
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt061350
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt031861
IRS990EZ/Form990TotalAssetsGrp/EOYAmt093181
IRS990EZ/GrossReceiptsAmt061550
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt01550
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt031831
IRS990EZ/NetAssetsOrFundBalancesEOYAmt093181
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt031831
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt093181
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0E D DAVID
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JOSHUA DAVID
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt0200
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE PRIMARY EXEMPT PURPOSE FOR THE ORGANIZATION IS FOR THE BENEFIT OF CHARITABLE, EDUCATIONAL, AND/OR SCIENTIFIC PURPOSES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0REQUESTS EVALUATED FOR SUPPORTING CONTRIBUTIONS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1REQUESTS EVALUATED FOR SUPPORTING CONTRIBUTIONS.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0VA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt030
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0200
IRS990EZ/TotalRevenueAmt061550
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0NOT APPLICABLE
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SUPPLEMENTAL INFORMATION
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt060000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt03500
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt063500
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt01550
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0330
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0201
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0486
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0400
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt02967
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt01550
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0330
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0201
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0486
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0400
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt02967
IRS990ScheduleA/InvestmentIncomeCYPct00.04000
IRS990ScheduleA/InvestmentIncomePYPct00.32000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.95540
IRS990ScheduleA/PublicSupportPY509Pct00.67620
IRS990ScheduleA/PublicSupportTotal509Amt063500
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt060000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt03500
IRS990ScheduleA/Total509Grp/TotalAmt063500
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt061550
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt03830
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0201
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0486
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0400
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt066467
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES TAX PREPARATION 200 TOTAL 200
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PAYABLE TO AFFILIATE 30 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE PRIMARY EXEMPT PURPOSE FOR THE ORGANIZATION IS FOR THE BENEFIT OF CHARITABLE, EDUCATIONAL, AND/OR SCIENTIFIC PURPOSES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3REQUESTS EVALUATED FOR SUPPORTING CONTRIBUTIONS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0E D DAVID
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07575954500
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-05-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PHILANTHROPIC VENTURE FUND
ReturnHeader/Filer/BusinessNameControlTxt0PHIL
ReturnHeader/Filer/EIN0208543159
ReturnHeader/Filer/PhoneNum07575954500
ReturnHeader/Filer/USAddress/AddressLine1Txt0739 THIMBLE SHOALS BLVD STE 105
ReturnHeader/Filer/USAddress/CityNm0NEWPORT NEWS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd023606
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0461455632
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BEAN GLOBAL ADVISORS LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0739 THIMBLE SHOALS BLVD STE 101
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEWPORT NEWS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0236063562
ReturnHeader/PreparerPersonGrp/PhoneNum07575898123
ReturnHeader/PreparerPersonGrp/PreparationDt02024-05-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOHN MITCHELL BEAN
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02024-05-15T12:46:45-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0E D
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0DAVID
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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