Civic Intelligence

Integra Ventures Inc.

990 • Fiscal year 2021 • EIN 36-4027564

Jan 01, 2021 to Dec 31, 2021 • Filed on May 06, 2022

209 E Liberty DriveWheaton, IL 60187

(205) 967-2110

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.23x

Higher debt load relative to assets than 83% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

93rd percentile

0.70x

Higher debt load relative to revenue than 93% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

82nd percentile

41%

Higher net margin than 82% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

48th percentile

4.3%

Faster asset growth than 48% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

23rd percentile

-36%

Faster revenue growth than 23% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$148,690

Up $6,163 (+4.3%) from 2020

Net Assets

Up

$114,933

Up $19,409 (+20%) from 2020

Liabilities

Down

$33,757

Down $13,246 (-28%) from 2020

Revenue

Down

$48,029

Down $27,023 (-36%) from 2020

Expenses

Down

$28,318

Down $64,148 (-69%) from 2020

Net Income

Up

$19,711

Up $37,125 (+213%) from 2020

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2010: $366,774Liabilities 2010: $7,878Net Assets 2010: $358,8962010Assets 2013: $290,828Liabilities 2013: $70,551Net Assets 2013: $220,2772013Assets 2015: $185,788Liabilities 2015: $45,401Net Assets 2015: $140,3872015Assets 2016: $165,635Liabilities 2016: $35,675Net Assets 2016: $129,9602016Assets 2017: $150,468Liabilities 2017: $32,591Net Assets 2017: $117,8772017Assets 2018: $152,897Liabilities 2018: $26,276Net Assets 2018: $126,6212018Assets 2019: $126,108Liabilities 2019: $13,170Net Assets 2019: $112,9382019Assets 2020: $142,527Liabilities 2020: $47,003Net Assets 2020: $95,5242020Assets 2021: $148,690Liabilities 2021: $33,757Net Assets 2021: $114,9332021Assets 2022: $132,568Liabilities 2022: $22,684Net Assets 2022: $109,8842022Assets 2023: $174,564Liabilities 2023: $14,476Net Assets 2023: $160,0882023Assets 2024: $165,825Liabilities 2024: $0Net Assets 2024: $236,8392024

Highlighted filing

2021

Assets$148,690
Liabilities$33,757
Net Assets$114,933

Operations Trend

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

$400K$200K$0-$200KExpenses 2010: $398,0902010Revenue 2013: $110,309Expenses 2013: $90,343Net Income 2013: $19,9662013Revenue 2015: $65,852Expenses 2015: $74,353Net Income 2015: -$8,5012015Revenue 2016: $58,446Expenses 2016: $69,246Net Income 2016: -$10,8002016Revenue 2017: $47,042Expenses 2017: $59,585Net Income 2017: -$12,5432017Revenue 2018: $67,423Expenses 2018: $58,679Net Income 2018: $8,7442018Revenue 2019: $83,800Expenses 2019: $97,483Net Income 2019: -$13,6832019Revenue 2020: $75,052Expenses 2020: $92,466Net Income 2020: -$17,4142020Revenue 2021: $48,029Expenses 2021: $28,318Net Income 2021: $19,7112021Revenue 2022: $16,787Expenses 2022: $21,836Net Income 2022: -$5,0492022Revenue 2023: $81,051Expenses 2023: $30,756Net Income 2023: $50,2952023Revenue 2024: $104,243Expenses 2024: $33,229Net Income 2024: $71,0142024

Highlighted filing

2021

Revenue$48,029
Expenses$28,318
Net Income$19,711
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 6, 2022
Return Version
2021v4.2
Gross Receipts
$48,029
Mission and Program Overview

Mission

The primary purpose of integra ventures is to provide education assistance and religious counseling to professional teachers and business people as well as provide economic development through training and capital

the primary purpose of Integra Ventures is to provide education assistance and religious counseling to professional teachers and business people as well economic development through training and capital.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$83,600$80,840▼ $2,760
Other Notes and Loans Receivable, Net$48,000$48,000→ $0
Cash and Non-Interest-Bearing Accounts$2,229$19,850▲ $17,621
Loans From Officers Directors$10,000$10,000→ $0
Savings and Temporary Cash Investments$6,657$0▼ $6,657
Accounts Receivable$2,041$0▼ $2,041
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$142,527$148,690▲ $6,163
Liabilities
Accounts Payable and Accrued Expenses$29,676$15,722▼ $13,954
Grants Payable$7,327$8,035▲ $708
Total Liabilities$47,003$33,757▼ $13,246
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$80,109$122,246▲ $42,137
Total Net Assets Fund Balance$95,524$114,933▲ $19,409
Total Liabilities and Net Assets / Fund Balance$142,527$148,690▲ $6,163

Asset Categories

AssetBook ValueDepreciationBasis
Investment Program Related Org$30,000--
Buildings$0--
Other Land Buildings$0--
Land$0--
Equipment$0--
Leasehold Improvements$0--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2021----$0
2020----$0
2019----$0
2018----$0
2017----$0
Compensation and Service Providers

Board Members and Trustees

NameTitle
Robert QuinnDirector/Secretary/Chair
Brad ByrdPresident
Dirk CameronDirector
Michael WilliamsDirector
Carl RubinTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$47,301
Program Service Revenue
$500
Investment Income
$228
Other Revenue
$0
All Other Contributions
$39,974
Change in Net Assets
$19,711

Audited Revenue Reconciliation

Revenue per Audited Statements
$0
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Form 990
$0
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$22,998
Grants and Similar Amounts Paid$6,000
Total Fundraising Expense$600
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$-680

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$8,162$2,708$600$11,470
Foreign Grants$6,000--$6,000
Fees for Services Accounting-$3,320-$3,320
Interest$1,180$1,407-$2,587
Office Expenses$400$1,602-$2,002
Travel-$1,600-$1,600
Fees for Services Other-$1,122-$1,122
Insurance-$566-$566
Fees for Services Legal-$211-$211
Occupancy-$120-$120
Payroll Taxes$-16$-664-$-680
Total Functional Expenses$15,726$11,992$600$28,318

Audited Expense Reconciliation

Line ItemAmount
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Expenses per Audited Statements$0
Total Expenses per Form 990$0
International Activity

International Summary

Offices
1
Employees
1
Spending
$6,557

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Europe--11$6,557
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$10,000$10,000→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

990 Part VI line 12C

Conflicts of interest are disclosed on a form annually

990 Part VI line 15

Compensation is determined by a body of independent voting members based on comparative outside sources

990 Part VI line 16

All documents, financial statements, and 990s are available upon request

990 Part VIII Line 1E

Non taxable Loan forgiveness from Federal Paycheck Protection Loan Funds.

Filing and Contact Details

Filer

Filer Name
Integra Ventures Inc
EIN
36-4027564
Phone
2059672110
Address
209 E Liberty Drive, Wheaton, IL 60187

Signing Officer

Name
Carl Rubin
Title
Treasurer
Signed
2022-05-06
Discuss with paid preparer
Yes

Organization Details

Legal Domicile
Il
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
5

Preparer

Firm
LifePlan CPA
Address
811 Narrows Point Drive, Birmingham, AL 35242
Preparer
Holly Rigsby
Phone
2059672110
Supplemental Narrative

Additional Explanations

Form 990 Part XI line 9

This amount includes an adjustment of -94 dollars and an addition of $7327 which was the non taxable income forgiven PPP loan balance

Form 990 VI Line 11A

Finance Committee reviews 990 before filing

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IRS990ScheduleA/DistributionsGrp/QualifiedSetAsideAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt047801
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt075049
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt083799
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt067393
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt046325
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0320367
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0320367
IRS990ScheduleA/SupportSumAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt047801
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt075049
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt083799
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt067393
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt046325
IRS990ScheduleA/Total509Grp/TotalAmt0320367
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt047801
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt075049
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt083799
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt067393
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt046325
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0320367
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt00
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt00
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt00
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt00
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt00
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt00
IRS990ScheduleD/EndingBalanceAmt00
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt00
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt053600
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt130000
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0ORUS LLC
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1Heritage Farms
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1C
IRS990ScheduleD/LandGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt00
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueOtherAssetsAmt00
IRS990ScheduleD/TotalBookValueProgramRltdAmt083600
IRS990ScheduleD/TotalBookValueSecuritiesAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt00
IRS990ScheduleD/TotalLiabilityAmt00
IRS990ScheduleD/TotalRevenuePerForm990Amt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt01
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt01
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt06557
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0Europe
IRS990ScheduleF/BoycottCountriesInd0false
IRS990ScheduleF/ForeignCorpOwnershipInd0false
IRS990ScheduleF/ForeignPartnershipInd0false
IRS990ScheduleF/GrantRecordsMaintainedInd0true
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt06557
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt0To offer support of small businesses
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt0Europe
IRS990ScheduleF/InterestInForeignTrustInd0false
IRS990ScheduleF/PassiveForeignInvestmestCoInd0false
IRS990ScheduleF/SubtotalEmployeesCnt01
IRS990ScheduleF/SubtotalOfficesCnt01
IRS990ScheduleF/SubtotalSpentAmt06557
IRS990ScheduleF/TotalEmployeeCnt01
IRS990ScheduleF/TotalOfficeCnt01
IRS990ScheduleF/TotalSpentAmt06557
IRS990ScheduleF/TransferToForeignCorpInd0false
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt010000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0investment in SME
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt010000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0Carl Rubin
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0Treasurer
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/TotalBalanceDueAmt010000
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0This amount includes an adjustment of -94 dollars and an addition of $7327 which was the non taxable income forgiven PPP loan balance
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Finance Committee reviews 990 before filing
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Conflicts of interest are disclosed on a form annually
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Compensation is determined by a body of independent voting members based on comparative outside sources
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4All documents, financial statements, and 990s are available upon request
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Non taxable Loan forgiveness from Federal Paycheck Protection Loan Funds.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 Part XI line 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990 VI Line 11a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2990 Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3990 Part VI line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4990 Part VI line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5990 Part VIII Line 1e
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0IL
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0142527
IRS990/TotalAssetsEOYAmt0148690
IRS990/TotalAssetsGrp/BOYAmt0142527
IRS990/TotalAssetsGrp/EOYAmt0148690
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt047301
IRS990/TotalEmployeeCnt00

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