Liabilities / Assets
95th percentile
Higher debt load relative to assets than 95% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
1.22x
Liabilities / Revenue
100th percentile
Higher debt load relative to revenue than 100% of similar nonprofits.
Net Margin
2nd percentile
Higher net margin than 2% of similar nonprofits.
Top Officer Pay
74th percentile
Higher top officer pay than 74% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
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.
Balance Sheet
Assets
$327,820
No earlier filing loaded for comparison.
Net Assets
-$73,005
No earlier filing loaded for comparison.
Liabilities
$400,825
No earlier filing loaded for comparison.
Revenue And Expenses
Revenue
$10,179
No earlier filing loaded for comparison.
Expenses
$35,458
No earlier filing loaded for comparison.
Net Income
-$25,279
No earlier filing loaded for comparison.
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2014 to Dec 31, 2014
- Signed
- Jul 29, 2015
- Return Version
- 2014v5.0
- Gross Receipts
- $10,179
Mission and Program Overview
Mission
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.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| PROVIDED LOANS AND TECHNICAL ASSISTANCE TO VARIOUS BUSINESSES IN SOUTHEAST, OHIO. | - | $35,458 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| PHIL CASE | Bd. Trustee | - | $0 | - | - |
| ARIANA ULLOA-OLAVARRIETA | Bd. Trustee | - | $0 | - | - |
| JENNIFER L'HEUREUX | Bd. Trustee | - | $0 | - | - |
| DONNA RUSSELL | Bd. Trustee | - | $0 | - | - |
| RON ERICKSON | Bd. Trustee | - | $0 | - | - |
| TANYA CONRATH | Bd. Trustee | - | $0 | - | - |
| BRENT HARTMAN | Bd. Trutee | - | $0 | - | - |
| AARON THOMAS | Bd. Trustee | - | $0 | - | - |
| ANDREA LEWIS | Bd. Trustee | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Acenet Ventures Inc
- EIN
- 31-1688567
- Phone
- 7405923854
- Address
- 94 COLUMBUS ROAD, ATHENS, OH 45701
Signing Officer
- Name
- Larry Fisher
- Title
- Director
- Phone
- 7405923854
- Signed
- 2015-07-29
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Romine Cpas and Associates
- Address
- 6895 E MAIN ST, REYNOLDSBURG, OH 43068-3156
- Preparer
- Shain E Colley
- Phone
- 6147552727
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16
“Expenses travel 3,606 interest 7,992 insurance 1,500 credit bureau fees 135 consultant expense 11,575 total 24,808”
Form 990-ez, Part II, Line 24
“Various loans 142,428 241,325 less allowance 52,407 52,407 net 90,021 188,918 prepaid insurance 1,500 1,500 total 91,521 190,418”
Form 990-ez, Part II, Line 26
“Accounts payable and accrued expenses 12,764 16,179 unsecured notes and loans payable 261,500 241,500 mortgage and other notes payable 149,251 143,146”
Form 990-ez, Part III
“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.”
Raw XML Appendix161 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 | 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 | 284268 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 137402 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -25279 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 10650 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 375789 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 327820 |
| IRS990EZ/GrossReceiptsAmt | 0 | 10179 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 7699 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | -47726 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | -73005 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | -47726 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | -73005 |
| 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/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/PersonNm | 0 | PHIL CASE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | ARIANA ULLOA-OLAVARRIETA |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | JENNIFER L'HEUREUX |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | DONNA RUSSELL |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | RON ERICKSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | TANYA CONRATH |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 6 | BRENT HARTMAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 7 | AARON THOMAS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 8 | ANDREA LEWIS |
| 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. TRUTEE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 7 | BD. TRUSTEE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 8 | BD. TRUSTEE |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 91521 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 190418 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 24808 |
| 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/ProgramServiceRevenueAmt | 0 | 2480 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | PROVIDED LOANS AND TECHNICAL ASSISTANCE TO VARIOUS BUSINESSES IN SOUTHEAST, OHIO. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 35458 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 423515 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 400825 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 35458 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 35458 |
| IRS990EZ/TotalRevenueAmt | 0 | 10179 |
| 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/SupportedOrganizationsCnt | 0 | 1 |
| IRS990ScheduleA/SupportedOrganizationsTotalCnt | 0 | 1 |
| IRS990ScheduleA/SupportedOrgInformationGrp/EIN | 0 | 311129632 |
| IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd | 0 | true |
| IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeDesc | 0 | 7 |
| IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt | 0 | 10755 |
| IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt | 0 | 1 |
| IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt | 0 | APPALACHIAN CENTER FOR ECONOMIC |
| IRS990ScheduleA/SupportingOrganization509a3Ind | 0 | X |
| IRS990ScheduleA/SupportingOrgType1Ind | 0 | X |
| IRS990ScheduleA/SupportSumAmt | 0 | 10756 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES TRAVEL 3,606 INTEREST 7,992 INSURANCE 1,500 CREDIT BUREAU FEES 135 CONSULTANT EXPENSE 11,575 TOTAL 24,808 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | VARIOUS LOANS 142,428 241,325 LESS ALLOWANCE 52,407 52,407 NET 90,021 188,918 PREPAID INSURANCE 1,500 1,500 TOTAL 91,521 190,418 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | ACCOUNTS PAYABLE AND ACCRUED EXPENSES 12,764 16,179 UNSECURED NOTES AND LOANS PAYABLE 261,500 241,500 MORTGAGE AND OTHER NOTES PAYABLE 149,251 143,146 |
| 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 | 2016-02-25 16:41:14Z |
| 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 | 2015-07-29 |
| 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 | 2015-08-12 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | SHAIN E COLLEY |
| ReturnHeader/ReturnTs | 0 | 2015-08-12T11:55:33-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2014-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2014-12-31 |
| ReturnHeader/TaxYr | 0 | 2014 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2014 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $327,820
- Liabilities
- $400,825
- Net assets
- -$73,005
- Revenue
- $10,179
- Expenses
- $35,458
- Net income
- -$25,279