Civic Intelligence

Urban Ventures LLC

990 • Fiscal year 2022 • EIN 35-2458538

Jul 01, 2021 to Jun 30, 2022 • Filed on Oct 27, 2022

560 NW 27th AvenueFort Lauderdale, FL 33311

(954) 584-0777

Siviq Scores

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

Liabilities / Assets

75th percentile

0.40x

Higher debt load relative to assets than 75% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Liabilities / Revenue

99th percentile

72.78x

Higher debt load relative to revenue than 99% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Net Margin

1st percentile

-913%

Higher net margin than 1% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Top Officer Pay

92nd percentile

$387,882

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 1123.6% of source-year revenue.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Asset Growth

29th percentile

-5.3%

Faster asset growth than 29% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Revenue Growth

94th percentile

124%

Faster revenue growth than 94% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Assets

Down

$6,226,178

Down $349,774 (-5.3%) from 2021

Net Assets

Down

$3,713,596

Down $315,293 (-7.8%) from 2021

Liabilities

Down

$2,512,582

Down $34,481 (-1.4%) from 2021

Revenue

Up

$34,521

Up $19,082 (+124%) from 2021

Expenses

Up

$349,814

Up $4,461 (+1.3%) from 2021

Net Income

Up

-$315,293

Up $14,621 (+4.4%) from 2021

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2018: $8,497,858Liabilities 2018: $3,620,763Net Assets 2018: $4,877,0952018Assets 2019: $7,473,134Liabilities 2019: $2,785,341Net Assets 2019: $4,687,7932019Assets 2020: $6,995,760Liabilities 2020: $2,636,957Net Assets 2020: $4,358,8032020Assets 2021: $6,575,952Liabilities 2021: $2,547,063Net Assets 2021: $4,028,8892021Assets 2022: $6,226,178Liabilities 2022: $2,512,582Net Assets 2022: $3,713,5962022Assets 2023: $6,512,985Liabilities 2023: $2,773,146Net Assets 2023: $3,739,8392023Assets 2024: $6,468,835Liabilities 2024: $2,707,830Net Assets 2024: $3,761,0052024Assets 2025: $6,302,374Liabilities 2025: $2,580,167Net Assets 2025: $3,722,2072025

Highlighted filing

2022

Assets$6,226,178
Liabilities$2,512,582
Net Assets$3,713,596

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$500K$0-$500KRevenue 2018: $255,924Expenses 2018: $419,137Net Income 2018: -$163,2132018Revenue 2019: $105,177Expenses 2019: $457,692Net Income 2019: -$352,5152019Revenue 2020: $126,105Expenses 2020: $455,095Net Income 2020: -$328,9902020Revenue 2021: $15,439Expenses 2021: $345,353Net Income 2021: -$329,9142021Revenue 2022: $34,521Expenses 2022: $349,814Net Income 2022: -$315,2932022Revenue 2023: $469,362Expenses 2023: $443,119Net Income 2023: $26,2432023Revenue 2024: $468,037Expenses 2024: $446,871Net Income 2024: $21,1662024Revenue 2025: $431,787Expenses 2025: $464,566Net Income 2025: -$32,7792025

Highlighted filing

2022

Revenue$34,521
Expenses$349,814
Net Income-$315,293
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Oct 27, 2022
Return Version
2021v4.2
Gross Receipts
$34,521
Mission and Program Overview

Mission

To further the tax exepmt purpose of the urban league of broward county by providing the facilities to deliver program services.

To further the tax exempt purpose of the urban league of broward county by providing the facilities to deliver program services.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,746,155$4,572,683▼ $173,472
Cash and Non-Interest-Bearing Accounts$1,709,056$1,545,229▼ $163,827
Intangible Assets$74,751$67,276▼ $7,475
Pledges and Grants Receivable$45,990$40,990▼ $5,000
Total Assets$6,575,952$6,226,178▼ $349,774
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,437,299$2,278,384▼ $158,915
Accounts Payable and Accrued Expenses$109,764$234,198▲ $124,434
Total Liabilities$2,547,063$2,512,582▼ $34,481
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,273,843$2,127,377▼ $146,466
Net Assets With Donor Restrictions$1,755,046$1,586,219▼ $168,827
Total Net Assets Fund Balance$4,028,889$3,713,596▼ $315,293
Total Liabilities and Net Assets / Fund Balance$6,575,952$6,226,178▼ $349,774

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,501,733$2,398,651$6,900,384
Other Land Buildings$36,177$128,766$164,943
Equipment$34,773$95,004$129,777
Compensation and Service Providers

Board Members and Trustees

NameTitle
Dr Germaine Smith-baughPresident & CEO
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$245
Other Revenue
$34,276
Change in Net Assets
$-315,293
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$349,814
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
Depreciation Depletion$190,806--$190,806
Interest$103,305--$103,305
Fees for Services Other$26,641--$26,641
Occupancy$1,687--$1,687
Conferences and Meetings$1,309--$1,309
Fees for Services Accounting$875--$875
Office Expenses$641--$641
Other Expenses$200--$200
Total Functional Expenses$349,814$0$0$349,814
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

Irs form 990 in draft form reviewed by all board members at a regular meeting. After review and approval board grants approval to ceo to sign authorization for e-filing.

Form 990, Part VI, Section B, Line 15

Compensation of ceo or executive director is determined by the executive committee of the board. The committee considers compensation paid by similar sized urban leagues, and salary surveys of similar non-profits in the local market.

Form 990, Part VI, Section C, Line 18

Upon request governing documents, policies and procedures, and financial statements are made available.

Form 990, Part VI, Section C, Line 19

No other documents available to the public.

Filing and Contact Details

Filer

Filer Name
Urban Ventures LLC
EIN
35-2458538
Phone
9545840777
Address
560 NW 27TH AVENUE, FORT LAUDERDALE, FL 33311

Signing Officer

Name
Germaine Smith-baugh
Title
President & CEO
Phone
9545840777
Signed
2022-10-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Germaine Smith-baugh
Formed
2010
Legal Domicile
Fl
Voting Board Members
0
Independent Board Members
1
Employees
0
Volunteers
0

Preparer

Firm
Verdeja De Armas & Trujillo Llp
Address
255 ALHAMBRA CIR STE 560, CORAL GABLES, FL 33134-7417
Preparer
Alejandro Trujillo
Phone
3054463177
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The organization has adopted the provisions of asc no 740, "accounting for uncertainty in income taxes" ("asc no 740"). Asc 740 required that the impact of tax positions to be recognized in the financial statements if they are more likely than not of being sustained upon examination. Accordingly, no provision for income taxes is made in the financial statements. At 6/30/22, there were no uncertain tax positions. The organization files tax returns with us federal and other tax authorities for which statue limitations may go back to the year ended 2019.

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS ADOPTED THE PROVISIONS OF ASC NO 740, "ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES" ("ASC NO 740"). ASC 740 REQUIRED THAT THE IMPACT OF TAX POSITIONS TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS IF THEY ARE MORE LIKELY THAN NOT OF BEING SUSTAINED UPON EXAMINATION. ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS MADE IN THE FINANCIAL STATEMENTS. AT 6/30/22, THERE WERE NO UNCERTAIN TAX POSITIONS. THE ORGANIZATION FILES TAX RETURNS WITH US FEDERAL AND OTHER TAX AUTHORITIES FOR WHICH STATUE LIMITATIONS MAY GO BACK TO THE YEAR ENDED 2019.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0IRS FORM 990 IN DRAFT FORM REVIEWED BY ALL BOARD MEMBERS AT A REGULAR MEETING. AFTER REVIEW AND APPROVAL BOARD GRANTS APPROVAL TO CEO TO SIGN AUTHORIZATION FOR E-FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1COMPENSATION OF CEO OR EXECUTIVE DIRECTOR IS DETERMINED BY THE EXECUTIVE COMMITTEE OF THE BOARD. THE COMMITTEE CONSIDERS COMPENSATION PAID BY SIMILAR SIZED URBAN LEAGUES, AND SALARY SURVEYS OF SIMILAR NON-PROFITS IN THE LOCAL MARKET.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UPON REQUEST GOVERNING DOCUMENTS, POLICIES AND PROCEDURES, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO OTHER DOCUMENTS AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt0NO
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0650831829
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0FL
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0REAL ESTATE
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0URBAN POMPANO INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt0560 NW 27 AVENUE
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0FORT LAUDERDALE
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0FL
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd033311
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0URBAN LEAGUE OF BROWARD COUNTY INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1CENTRAL COUNTY COMMUNITY DEVELOPMENT CORPORATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0591564384
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1650699777
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501C
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0FL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1FL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0SOCIAL & HUMAN SERVICES ORGANIZATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1REAL ESTATE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0SOCIAL & HUMAN SERVI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt1REAL ESTATE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0560 NW 27 AVENUE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt1560 NW 27 AVENUE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0FORT LAUDERDALE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1FORT LAUDERDALE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0FL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1FL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd033311
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd133311
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0FL
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt06575952
IRS990/TotalAssetsEOYAmt06226178
IRS990/TotalAssetsGrp/BOYAmt06575952
IRS990/TotalAssetsGrp/EOYAmt06226178
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0349814
IRS990/TotalFunctionalExpensesGrp/TotalAmt0349814
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02547063
IRS990/TotalLiabilitiesEOYAmt02512582
IRS990/TotalLiabilitiesGrp/BOYAmt02547063
IRS990/TotalLiabilitiesGrp/EOYAmt02512582
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt04028889
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03713596
IRS990/TotalOtherCompensationAmt043422
IRS990/TotalProgramServiceExpensesAmt0349814
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0245
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt034276
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt034521
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt06575952
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt06226178
IRS990/TotReportableCompRltdOrgAmt0344460
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0560 NW 27TH AVENUE
IRS990/USAddress/CityNm0FORT LAUDERDALE
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd033311
IRS990/VotingMembersGoverningBodyCnt00
IRS990/VotingMembersIndependentCnt01
IRS990/WebsiteAddressTxt0WWW.ULBROWARD.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0GERMAINE SMITH-BAUGH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT & CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum09545840777
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-10-27
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0URBAN VENTURES LLC
ReturnHeader/Filer/BusinessNameControlTxt0URBA
ReturnHeader/Filer/EIN0352458538
ReturnHeader/Filer/PhoneNum09545840777
ReturnHeader/Filer/USAddress/AddressLine1Txt0560 NW 27TH AVENUE
ReturnHeader/Filer/USAddress/CityNm0FORT LAUDERDALE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd033311
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0204989621
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0VERDEJA DE ARMAS & TRUJILLO LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0255 ALHAMBRA CIR STE 560
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CORAL GABLES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0331347417
ReturnHeader/PreparerPersonGrp/PhoneNum03054463177
ReturnHeader/PreparerPersonGrp/PreparationDt02022-10-27
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ALEJANDRO TRUJILLO
ReturnHeader/ReturnTs02022-10-27T14:01:19-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0GERMAINE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SMITH-BAUGH
ReturnHeader/TaxPeriodBeginDt02021-07-01
ReturnHeader/TaxPeriodEndDt02022-06-30

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