Liabilities / Assets
95th percentile
Higher debt load relative to assets than 95% of similar nonprofits.
EIN 31-1688567 • 501(c)3 • Athens, OH
Profile
To provide loans and technical assistance to various businesses in southeast ohio in order to increase job opportunities especially for low income, or unemployed individuals.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
95th percentile
Higher debt load relative to assets than 95% of similar nonprofits.
Liabilities / Revenue
99th percentile
Higher debt load relative to revenue than 99% of similar nonprofits.
Net Margin
13th percentile
Higher net margin than 13% of similar nonprofits.
Top Officer Pay
Score unavailable
No filing with officer rows is available for this organization yet.
Asset Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Revenue Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Assets
Down$117,843
Down $209,977 (-64%) from 2014
Liabilities
Down$197,873
Down $202,952 (-51%) from 2014
Net Assets
Down-$80,030
Down $7,025 (-9.6%) from 2014
Revenue
Up$11,721
Up $1,542 (+15%) from 2014
Expenses
Down$18,746
Down $16,712 (-47%) from 2014
Net Income
Up-$7,025
Up $18,254 (+72%) from 2014
Most recent year
2015 • Form 990EZDetailed filing. Detailed filing data is available for this year.
To provide loans and technical assistance to various businesses in southeast ohio in order to increase job opportunities especially for low income, or unemployed individuals.
| Description | Grants | Expenses |
|---|---|---|
| PROVIDED LOANS AND TECHNICAL ASSISTANCE TO VARIOUS BUSINESSES IN SOUTHEAST, OHIO. | - | $14,859 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| TONYA CONRATH | Bd. Trustee | - | $0 | - | - |
| BRENT HARTMAN | Bd. Trustee | - | $0 | - | - |
| ANDREA LEWIS | Bd. Trustee | - | $0 | - | - |
| DONNA RUSSELL | Bd. Trustee | - | $0 | - | - |
| STACY STRAUSS | Bd. Trustee | - | $0 | - | - |
| RIC WASSERMAN | Bd. Trustee | - | $0 | - | - |
| ARIANA ULLOA-OLAVARRIETA | Bd. Trustee | - | $0 | - | - |
| AARON THOMAS | Bd. Trustee | - | $0 | - | - |
| PHILIP MEYER | Bd. Trustee | - | $0 | - | - |
| KATHRYN MCGUSHIN | Bd. Trustee | - | $0 | - | - |
| KRISTIN MILLER | Bd. Trustee | - | $0 | - | - |
| LARRY FISHER | Director | - | $0 | - | - |
“Expenses interest 1,583 insurance 1,500 credit bureau fees 75 collection fees 1,158 ucc filing renewal 36 bank service fee 5 grant related 1,211 total 5,568”
“Various loans 241,325 149,144 less allowance 52,407 41,668 net 188,918 107,476 prepaid insurance 1,500 1,500 total 190,418 108,976”
“Accounts payable and accrued expenses 16,179 3,269 unsecured notes and loans payable 241,500 194,604 mortgage and other notes payable 143,146 0”
“To provide loans and technical assistance to various businesses in southeast ohio in order to increase job opportunities especially for low income, or unemployed individuals.”
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 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | LARRY FISHER |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 7405923854 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 94 COLUMBUS ROAD |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | ATHENS |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | OH |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 45701 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 137402 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 8867 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -7025 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 3882 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 327820 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 117843 |
| IRS990EZ/GrossReceiptsAmt | 0 | 11721 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 11721 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | -73005 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | -80030 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | -73005 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | -80030 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 5 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 6 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 7 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 8 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 9 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 10 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 11 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 7 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 8 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 9 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 10 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 11 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | TONYA CONRATH |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | BRENT HARTMAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | ANDREA LEWIS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | DONNA RUSSELL |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | STACY STRAUSS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | RIC WASSERMAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 6 | ARIANA ULLOA-OLAVARRIETA |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 7 | AARON THOMAS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 8 | PHILIP MEYER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 9 | KATHRYN MCGUSHIN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 10 | KRISTIN MILLER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 11 | LARRY FISHER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | BD. TRUSTEE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | BD. TRUSTEE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | BD. TRUSTEE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | BD. TRUSTEE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | BD. TRUSTEE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | BD. TRUSTEE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 6 | BD. TRUSTEE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 7 | BD. TRUSTEE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 8 | BD. TRUSTEE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 9 | BD. TRUSTEE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 10 | BD. TRUSTEE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 11 | DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 190418 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 108976 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 5568 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | TO PROVIDE LOANS AND TECHNICAL ASSISTANCE TO VARIOUS BUSINESSES IN SOUTHEAST OHIO IN ORDER TO INCREASE JOB OPPORTUNITIES ESPECIALLY FOR LOW INCOME, OR UNEMPLOYED INDIVIDUALS. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | PROVIDED LOANS AND TECHNICAL ASSISTANCE TO VARIOUS BUSINESSES IN SOUTHEAST, OHIO. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 14859 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 9296 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 400825 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 197873 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 18746 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 14859 |
| IRS990EZ/TotalRevenueAmt | 0 | 11721 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.ACENETWORKS.ORG |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd | 0 | true |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd | 0 | false |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd | 0 | false |
| IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd | 0 | false |
| IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd | 0 | true |
| IRS990ScheduleA/OtherSupportSumAmt | 0 | 0 |
| IRS990ScheduleA/SupportedOrganizationsCnt | 0 | 1 |
| IRS990ScheduleA/SupportedOrganizationsTotalCnt | 0 | 1 |
| IRS990ScheduleA/SupportedOrgInformationGrp/EIN | 0 | 311129632 |
| IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd | 0 | true |
| IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd | 0 | 7 |
| IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt | 0 | 0 |
| IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt | 0 | 9296 |
| IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt | 0 | APPALACHIAN CENTER FOR ECONOMIC |
| IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine2Txt | 0 | APPALACHIAN CENTER FOR ECON |
| IRS990ScheduleA/SupportingOrganization509a3Ind | 0 | X |
| IRS990ScheduleA/SupportingOrgType1Ind | 0 | X |
| IRS990ScheduleA/SupportSumAmt | 0 | 9296 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES INTEREST 1,583 INSURANCE 1,500 CREDIT BUREAU FEES 75 COLLECTION FEES 1,158 UCC FILING RENEWAL 36 BANK SERVICE FEE 5 GRANT RELATED 1,211 TOTAL 5,568 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | VARIOUS LOANS 241,325 149,144 LESS ALLOWANCE 52,407 41,668 NET 188,918 107,476 PREPAID INSURANCE 1,500 1,500 TOTAL 190,418 108,976 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | ACCOUNTS PAYABLE AND ACCRUED EXPENSES 16,179 3,269 UNSECURED NOTES AND LOANS PAYABLE 241,500 194,604 MORTGAGE AND OTHER NOTES PAYABLE 143,146 0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | TO PROVIDE LOANS AND TECHNICAL ASSISTANCE TO VARIOUS BUSINESSES IN SOUTHEAST OHIO IN ORDER TO INCREASE JOB OPPORTUNITIES ESPECIALLY FOR LOW INCOME, OR UNEMPLOYED INDIVIDUALS. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART III |
| ReturnHeader/BuildTS | 0 | 2016-09-27 15:27:22Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | LARRY FISHER |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | DIRECTOR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 7405923854 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2016-07-06 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | ACENET VENTURES INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | ACEN |
| ReturnHeader/Filer/EIN | 0 | 311688567 |
| ReturnHeader/Filer/PhoneNum | 0 | 7405923854 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 94 COLUMBUS ROAD |
| ReturnHeader/Filer/USAddress/CityNm | 0 | ATHENS |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | OH |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 45701 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 263841391 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | ROMINE CPAS AND ASSOCIATES |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 6895 E MAIN ST |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | REYNOLDSBURG |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | OH |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 430683156 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 6147552727 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2016-07-06 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | SHAIN E COLLEY |
| ReturnHeader/ReturnTs | 0 | 2016-07-12T08:13:09-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2015-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2015-12-31 |
| ReturnHeader/TaxYr | 0 | 2015 |
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