Civic Intelligence

Philanthropic Venture Fund of the Greater Virginia Peninsula Inc.

990EZ • Fiscal year 2020 • EIN 20-8543159

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 15, 2021

739 Thimble Shoals Blvd Ste 105Newport News, VA 23606

(757) 595-4500

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

56th percentile

0.00x

Higher debt load relative to assets than 56% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

71st percentile

0.05x

Higher debt load relative to revenue than 71% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

98th percentile

95%

Higher net margin than 98% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

46th percentile

1.6%

Faster asset growth than 46% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

80th percentile

22%

Faster revenue growth than 80% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$31,630

Up $486 (+1.6%) from 2019

Net Assets

Up

$31,605

Up $461 (+1.5%) from 2019

Liabilities

$25

No earlier filing loaded for comparison.

Revenue

Up

$486

Up $86 (+22%) from 2019

Expenses

$25

No earlier filing loaded for comparison.

Net Income

$461

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$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

2020

Assets$31,630
Liabilities$25
Net Assets$31,605

Operations Trend

Revenue, expenses, and net income across loaded years, with this 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

2020

Revenue$486
Expenses$25
Net Income$461
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 15, 2021
Return Version
2020v4.0
Gross Receipts
$486
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.--
Compensation and Service Providers

Employees

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

Filer

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

Signing Officer

Name
E D David
Title
President
Phone
7575954500
Signed
2021-11-15
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 II, Line 26

Payable to affiliate 0 25

Form 990-ez, Part III

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

Raw XML Appendix127 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
CompensationExplanation/CompensationExplanationGrp/PersonNm0E D DAVID
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/BOYAmt031144
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt031630
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0461
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt025
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt031144
IRS990EZ/Form990TotalAssetsGrp/EOYAmt031630
IRS990EZ/GrossReceiptsAmt0486
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InvestmentIncomeAmt0486
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt031144
IRS990EZ/NetAssetsOrFundBalancesEOYAmt031605
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt031144
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt031605
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0E D DAVID
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
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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/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0VA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt025
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt025
IRS990EZ/TotalRevenueAmt0486
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0NOT APPLICABLE
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SUPPLEMENTAL INFORMATION
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt01209
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt02010
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt03219
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0486
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0400
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0198
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0169
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01512
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0486
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0400
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0259
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0198
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0169
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01512
IRS990ScheduleA/InvestmentIncomeCYPct00.32000
IRS990ScheduleA/InvestmentIncomePYPct00.30000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.68040
IRS990ScheduleA/PublicSupportPY509Pct00.70000
IRS990ScheduleA/PublicSupportTotal509Amt03219
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01209
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt02010
IRS990ScheduleA/Total509Grp/TotalAmt03219
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0486
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0400
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0259
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01407
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt02179
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt04731
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PAYABLE TO AFFILIATE 0 25
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE PRIMARY EXEMPT PURPOSE FOR THE ORGANIZATION IS FOR THE BENEFIT OF CHARITABLE, EDUCATIONAL, AND/OR SCIENTIFIC PURPOSES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART III
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0E D DAVID
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07575954500
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PHILANTHROPIC VENTURE FUND
ReturnHeader/Filer/BusinessNameControlTxt0PHIL
ReturnHeader/Filer/EIN0208543159
ReturnHeader/Filer/USAddress/AddressLine1Txt0739 THIMBLE SHOALS BLVD STE 105
ReturnHeader/Filer/USAddress/CityNm0NEWPORT NEWS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd023606
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/PreparationDt02021-11-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOHN MITCHELL BEAN
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02021-11-15T09:57:27-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0E D
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0DAVID
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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