Civic Intelligence

Connecticut Venture Group Inc

EIN 22-2535953 • 501(c)6 • East Hartford, CT

Profile

Professional organization established to provide a network and forum for individuals involved in creating high-growth enterprises.

222 Pitkin StreetEast Hartford, CT 06108

www.cvg.org

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2021

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2021

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on the latest valid filing.

Source year 2021

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

7th percentile

-100%

Faster asset growth than 7% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

2nd percentile

-100%

Faster revenue growth than 2% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$0

Down $6,598 (-100%) from 2020

Liabilities

Down

$0

Down $246 (-100%) from 2020

Net Assets

Down

$0

Down $6,352 (-100%) from 2020

Operations
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

Down

$0

Down $1 (-100%) from 2020

Expenses

Down

$6,352

Down $4,933 (-44%) from 2020

Net Income

Up

-$6,352

Up $4,932 (+44%) from 2020

Trend Graphs

Balance Sheet Trend

Asset Growth7th percentile

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

$150K$100K$50K$0-$50KAssets 2010: $87,243Liabilities 2010: $16,338Net Assets 2010: $70,9052010Assets 2011: $102,016Liabilities 2011: $33,083Net Assets 2011: $68,9332011Assets 2012: $107,360Liabilities 2012: $20,881Net Assets 2012: $86,4792012Assets 2013: $99,600Liabilities 2013: $3,747Net Assets 2013: $95,8532013Assets 2014: $85,854Liabilities 2014: $14,574Net Assets 2014: $71,2802014Assets 2015: $78,464Liabilities 2015: $35,519Net Assets 2015: $42,9452015Assets 2016: $39,492Liabilities 2016: $37,267Net Assets 2016: $2,2252016Assets 2017: $40,118Liabilities 2017: $50,193Net Assets 2017: -$10,0752017Assets 2018: $47,907Liabilities 2018: $18,227Net Assets 2018: $29,6802018Assets 2019: $18,501Liabilities 2019: $865Net Assets 2019: $17,6362019Assets 2020: $6,598Liabilities 2020: $246Net Assets 2020: $6,3522020Assets 2021: $0Liabilities 2021: $0Net Assets 2021: $02021

Highlighted filing

2021

Assets$0
Liabilities$0
Net Assets$0
Open 2021 Filing

Operations Trend

Revenue Growth2nd percentile

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

$300K$200K$100K$0-$100KExpenses 2010: $214,4132010Revenue 2011: $183,558Expenses 2011: $179,280Net Income 2011: $4,2782011Expenses 2012: $199,8752012Revenue 2013: $223,405Expenses 2013: $214,031Net Income 2013: $9,3742013Revenue 2014: $183,854Expenses 2014: $208,427Net Income 2014: -$24,5732014Revenue 2015: $170,923Expenses 2015: $199,258Net Income 2015: -$28,3352015Revenue 2016: $153,946Expenses 2016: $194,666Net Income 2016: -$40,7202016Revenue 2017: $144,263Expenses 2017: $156,563Net Income 2017: -$12,3002017Revenue 2018: $114,077Expenses 2018: $74,322Net Income 2018: $39,7552018Revenue 2019: $2Expenses 2019: $12,046Net Income 2019: -$12,0442019Revenue 2020: $1Expenses 2020: $11,285Net Income 2020: -$11,2842020Revenue 2021: $0Expenses 2021: $6,352Net Income 2021: -$6,3522021

Highlighted filing

2021

Revenue$0
Expenses$6,352
Net Income-$6,352
Open 2021 Filing

Filings

Most recent year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$0
Liabilities
$0
Net assets
$0
Revenue
$0
Expenses
$6,352
Net income
-$6,352
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.06$0.06
2020Detailed filing. Detailed filing data is available for this year.$0.07$0.00$0.06$0.00$0.11$0.11
2019Detailed filing. Detailed filing data is available for this year.$0.19$0.01$0.18$0.00$0.12$0.12
2018Detailed filing. Detailed filing data is available for this year.$0.48$0.18$0.30$1.14$0.74$0.40
2017Detailed filing. Detailed filing data is available for this year.$0.40$0.50$0.10$1.44$1.57$0.12
2016Detailed filing. Detailed filing data is available for this year.$0.39$0.37$0.02$1.54$1.95$0.41
2015Detailed filing. Detailed filing data is available for this year.$0.78$0.36$0.43$1.71$1.99$0.28
2014Detailed filing. Detailed filing data is available for this year.$0.86$0.15$0.71$1.84$2.08$0.25
2013Detailed filing. Detailed filing data is available for this year.$1.00$0.04$0.96$2.23$2.14$0.09
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.07$0.21$0.86$2.00
2011Summary only. Only limited summary data is available for this year.$1.02$0.33$0.69$1.84$1.79$0.04
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.87$0.16$0.71$2.14
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 3, 2022
Return Version
2021v4.2
Gross Receipts
$0
Mission and Program Overview

Mission

Professional organization established to provide a network and forum for individuals involved in creating high-growth enterprises

Professional organization established to provide a network and forum for individuals involved in creating high-growth enterprises.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$4,154$0▼ $4,154
Cash and Non-Interest-Bearing Accounts$2,444$0▼ $2,444
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$6,598$0▼ $6,598
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$246$0▼ $246
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$246$0▼ $246
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$6,352$0▼ $6,352
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$6,352$0▼ $6,352
Total Liabilities and Net Assets / Fund Balance$6,598$0▼ $6,598
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
konstantine drakonakisPresident
John StrahleyVice President
Gregg J LallierBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-6,352
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$6,352
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$5,477--$5,477
Other Expenses$875--$875
Total Functional Expenses$6,352$0$0$6,352
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, PART VI

“FORM 990, PART VI, SECTION A, LINE 3: THE ORGANIZATION HAS A CONTRACT WITH CONNECTICUT TECHNOLOGY COUNCIL, INC. TO MANAGE THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 6: THE ORGANIZATION IS A MEMBERSHIP ORGANIZATION. MEMBERS PAY ANNUAL DUES. Form 990, PART VI, SECTION A, LINE 8B: ALL ACTIONS ARE MADE BY THE BOARD AND MINUTES ARE TAKEN FOR ALL BOARD MEETINGS. FORM 990, PART VI, SECTION B, LINE 11: FORM 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR AND A BOARD MEMBER ON BEHALF OF THE BOARD BEFORE IT IS FILED. FORM 990, PART VI, SECTION C, LINE 19: THE FORM 990 AND OTHER DOCUMENTS ARE AVAILABLE AT THE AGENCY'S OFFICE TO ANY PERSON MAKING A REQUEST.”

Filing and Contact Details

Filer

Filer Name
Connecticut Venture Group Inc
EIN
22-2535953
In Care Of
% CONNECTICUT VENTURE GROUP I
Phone
8602890878
Address
222 Pitkin Street, East Hartford, CT 06108

Signing Officer

Name
John Strahley
Title
Vice President
Phone
8602890878
Signed
2022-05-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Strahley
Formed
1983
Legal Domicile
Ct
Voting Board Members
13
Independent Board Members
13
Employees
0

Preparer

Firm
Fiondella Milone & LaSaracina LLP
Address
300 Winding Brook Drive, Glastonbury, CT 06033
Preparer
Amber D Tucker Director
Phone
8606573651
Supplemental Narrative

Additional Explanations

Form 990, Part III, Question 3

“The Organization took a pause on running programs during 2019 & 2020 to evaluate the business operation and to evaluate various options for future programing. The conclusion is the Organization has dissolved in October 2020.”

Form 990 Part IX Line 11G

“Description:professional fees total fees:5477”

Raw XML Appendix340 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
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IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CT
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IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
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IRS990/ConferencesMeetingsGrp/TotalAmt00
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IRS990/CostOfGoodsSoldAmt00
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IRS990/CYTotalRevenueAmt00
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IRS990/DelegationOfMgmtDutiesInd0true
IRS990/DepreciationDepletionGrp/TotalAmt00
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IRS990/DescribedInSection501c3Ind0false
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IRS990/EmployeeCnt00
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IRS990/EscrowAccountLiabilityGrp/BOYAmt00
IRS990/EscrowAccountLiabilityGrp/EOYAmt00
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt00
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt05477
IRS990/FeesForServicesOtherGrp/TotalAmt05477
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/FinalReturnInd0X
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.0
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IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.0
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/PersonNm0John Strahley
IRS990/Form990PartVIISectionAGrp/PersonNm1Gregg J Lallier
IRS990/Form990PartVIISectionAGrp/PersonNm2konstantine drakonakis
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/TitleTxt0Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt2President
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr01983
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/FundraisingDirectExpensesAmt00
IRS990/FundraisingGrossIncomeAmt00
IRS990/GamingActivitiesInd0false
IRS990/GamingDirectExpensesAmt00
IRS990/GamingGrossIncomeAmt00
IRS990/GoverningBodyVotingMembersCnt013
IRS990/GrantsPayableGrp/BOYAmt00
IRS990/GrantsPayableGrp/EOYAmt00
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt00
IRS990/GrossSalesOfInventoryAmt00
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IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt013
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
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IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt00
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IRS990/MaterialDiversionOrMisuseInd0false
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990, PART VI, SECTION A, LINE 3: THE ORGANIZATION HAS A CONTRACT WITH CONNECTICUT TECHNOLOGY COUNCIL, INC. TO MANAGE THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 6: THE ORGANIZATION IS A MEMBERSHIP ORGANIZATION. MEMBERS PAY ANNUAL DUES. Form 990, PART VI, SECTION A, LINE 8B: ALL ACTIONS ARE MADE BY THE BOARD AND MINUTES ARE TAKEN FOR ALL BOARD MEETINGS. FORM 990, PART VI, SECTION B, LINE 11: FORM 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR AND A BOARD MEMBER ON BEHALF OF THE BOARD BEFORE IT IS FILED. FORM 990, PART VI, SECTION C, LINE 19: THE FORM 990 AND OTHER DOCUMENTS ARE AVAILABLE AT THE AGENCY'S OFFICE TO ANY PERSON MAKING A REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Organization took a pause on running programs during 2019 & 2020 to evaluate the business operation and to evaluate various options for future programing. The conclusion is the Organization has dissolved in October 2020.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION:PROFESSIONAL FEES TOTAL FEES:5477
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, PART VI
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part III, Question 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990 PART IX LINE 11G
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IRS990/USAddress/AddressLine1Txt0222 Pitkin Street
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ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0JOHN STRAHLEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Vice President
ReturnHeader/BusinessOfficerGrp/PhoneNum08602890878
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-05-03
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Connecticut Venture Group Inc
ReturnHeader/Filer/BusinessNameControlTxt0CONN
ReturnHeader/Filer/EIN0222535953
ReturnHeader/Filer/InCareOfNm0% CONNECTICUT VENTURE GROUP I
ReturnHeader/Filer/PhoneNum08602890878
ReturnHeader/Filer/USAddress/AddressLine1Txt0222 Pitkin Street
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Fiondella Milone & LaSaracina LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0300 Winding Brook Drive
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Glastonbury
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd006033
ReturnHeader/PreparerPersonGrp/PhoneNum08606573651
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Amber D Tucker Director
ReturnHeader/ReturnTs02022-05-12T11:41:42-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JOHN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0STRAHLEY
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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