Civic Intelligence

Venture North Funding and Development

990 • Fiscal year 2016 • EIN 38-2857500

Jan 01, 2016 to Dec 31, 2016 • Filed on Oct 23, 2017

Organization ProfileVENTURENORTHFUNDING.ORG
202 E Grandview ParkwayTraverse City, MI 49684

(231) 947-5075

Siviq Scores

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

Liabilities / Assets

76th percentile

0.43x

Higher debt load relative to assets than 76% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

92nd percentile

2.64x

Higher debt load relative to revenue than 92% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

94th percentile

60%

Higher net margin than 94% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

74th percentile

$113,406

Higher top officer pay than 74% of similar nonprofits.

Top officer pay equals 14.1% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

63rd percentile

5.2%

Faster asset growth than 63% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

87th percentile

44%

Faster revenue growth than 87% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets76th percentile

Assets

Up

$4,969,866

Up $246,759 (+5.2%) from 2015

Net Assets

Up

$2,848,921

Up $482,177 (+20%) from 2015

Liabilities

Down

$2,120,945

Down $235,418 (-10.0%) from 2015

Revenue And Expenses
Liabilities / Revenue92nd percentileNet Margin94th percentile

Revenue

Up

$802,391

Up $244,725 (+44%) from 2015

Expenses

Up

$320,214

Up $169,102 (+112%) from 2015

Net Income

Up

$482,177

Up $75,623 (+19%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth63rd percentile

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $1,357,765Liabilities 2010: $250Net Assets 2010: $1,357,5152010Assets 2011: $1,398,671Liabilities 2011: $17,787Net Assets 2011: $1,380,8842011Assets 2012: $1,422,775Liabilities 2012: $4,501Net Assets 2012: $1,418,2742012Assets 2013: $1,545,694Liabilities 2013: $127,593Net Assets 2013: $1,418,1012013Assets 2014: $4,001,710Liabilities 2014: $2,041,520Net Assets 2014: $1,960,1902014Assets 2015: $4,723,107Liabilities 2015: $2,356,363Net Assets 2015: $2,366,7442015Assets 2016: $4,969,866Liabilities 2016: $2,120,945Net Assets 2016: $2,848,9212016Assets 2017: $5,801,313Liabilities 2017: $2,318,527Net Assets 2017: $3,482,7862017Assets 2018: $6,417,946Liabilities 2018: $2,599,780Net Assets 2018: $3,818,1662018Assets 2019: $6,216,596Liabilities 2019: $2,605,723Net Assets 2019: $3,610,8732019Assets 2020: $6,326,209Liabilities 2020: $3,020,516Net Assets 2020: $3,305,6932020Assets 2021: $6,401,052Liabilities 2021: $2,995,221Net Assets 2021: $3,405,8312021Assets 2022: $6,846,913Liabilities 2022: $3,048,580Net Assets 2022: $3,798,3332022Assets 2023: $7,381,749Liabilities 2023: $3,618,604Net Assets 2023: $3,763,1452023Assets 2024: $7,638,410Liabilities 2024: $3,722,821Net Assets 2024: $3,915,5892024

Highlighted filing

2016

Assets$4,969,866
Liabilities$2,120,945
Net Assets$2,848,921
Open 2016 Filing

Operations Trend

Revenue Growth87th percentile

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $33,8862010Expenses 2011: $92,2592011Expenses 2012: $21,5982012Revenue 2013: $31,818Expenses 2013: $31,991Net Income 2013: -$1732013Revenue 2014: $588,828Expenses 2014: $46,739Net Income 2014: $542,0892014Revenue 2015: $557,666Expenses 2015: $151,112Net Income 2015: $406,5542015Revenue 2016: $802,391Expenses 2016: $320,214Net Income 2016: $482,1772016Revenue 2017: $1,043,954Expenses 2017: $410,089Net Income 2017: $633,8652017Revenue 2018: $752,492Expenses 2018: $417,112Net Income 2018: $335,3802018Revenue 2019: $520,515Expenses 2019: $727,808Net Income 2019: -$207,2932019Revenue 2020: $971,490Expenses 2020: $1,276,670Net Income 2020: -$305,1802020Revenue 2021: $1,349,702Expenses 2021: $1,249,564Net Income 2021: $100,1382021Revenue 2022: $1,193,048Expenses 2022: $800,546Net Income 2022: $392,5022022Revenue 2023: $987,877Expenses 2023: $1,023,065Net Income 2023: -$35,1882023Revenue 2024: $1,178,560Expenses 2024: $1,026,116Net Income 2024: $152,4442024

Highlighted filing

2016

Revenue$802,391
Expenses$320,214
Net Income$482,177
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Oct 23, 2017
Return Version
2016v3.0
Gross Receipts
$802,391
Mission and Program Overview

Mission

We unlock the potential of under-resourced business owners and entrepreneurs through securing and deploying capital and technical support that contribute to vibrant businesses, positive economic impact, and strong, healthy communities throughout the 10-county northwest michigan region.

To receive and administer funds to foster, promote and conduct nonpartisan research and distribute policy studies on issues facing the traverse city area, sponsor, plan and conduct nonpartisan community education programs, sponsor a leadership institute, and solicit, collect, receive and administer funds exclusively for charitable, scientific and educational purposes.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$2,815,935$2,719,089▼ $96,846
Other Notes and Loans Receivable, Net$1,901,277$2,244,244▲ $342,967
Accounts Receivable$5,795$4,417▼ $1,378
Prepaid Expenses and Deferred Charges-$2,116-
Cash and Non-Interest-Bearing Accounts$100--
Total Assets$4,723,107$4,969,866▲ $246,759
Liabilities
Grants Payable$1,938,478$1,552,946▼ $385,532
Mortgage Notes Payable Secured by Investment Property$381,000$463,250▲ $82,250
Other Liabilities$4,000$94,900▲ $90,900
Accounts Payable and Accrued Expenses$32,885$9,849▼ $23,036
Total Liabilities$2,356,363$2,120,945▼ $235,418
Net Assets / Fund Balance
Unrestricted Net Assets$2,360,053$2,844,946▲ $484,893
Temporarily Rstr Net Assets$6,691$3,975▼ $2,716
Total Net Assets Fund Balance$2,366,744$2,848,921▲ $482,177
Total Liabilities and Net Assets / Fund Balance$4,723,107$4,969,866▲ $246,759
Compensation and Service Providers
Top Officer Pay74th percentile

Employees

NameTitleBaseTotal
Laura GalbraithDirector$113,406$113,406

Board Members and Trustees

NameTitle
Sara HardingChair
Remos LenioVice Chair
Bob BrickDirector
Doug LucianiDirector
Fred TurcotteDirector
Mark HeplerDirector
Paul BrittenDirector
Rick SchmittDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$575,706
Program Service Revenue
$17,535
Investment Income
$156,265
Other Revenue
$52,885
All Other Contributions
$165,706
Change in Net Assets
$482,177

Audited Revenue Reconciliation

Revenue per Audited Statements
$802,391
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$802,391
Total Revenue per Form 990
$802,391
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$320,214
Total Fundraising Expense$44,299
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management-$41,822-$41,822
All Other Expenses$6,245$4,974-$11,219
Fees for Services Accounting-$7,722-$7,722
Travel-$6,646-$6,646
Other Expenses$3,686$6,328$44,299$3,686
Occupancy-$3,600-$3,600
Insurance-$677-$677
Office Expenses-$332-$332
Fees for Services Legal-$329-$329
Advertising-$275-$275
Total Functional Expenses$203,210$72,705$44,299$320,214

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$320,214
Total Expenses per Audited Statements$320,214
Total Expenses per Form 990$320,214
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Revenue$60,100
Fiduciary Agent Liability$25,552
Due to Affiliates and Related Parties$9,248
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“The form 990 is provided to the finance commitee for review prior to filing.”

Form 990, Part VI, Section B, Line 12C

“The policy is distributed to board members once a year and they are required to sign an acknowledgment form.”

Form 990, Part VI, Section C, Line 19

“The organization's governing documents, conflict of interest policy and financial statements are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Venture North Funding and Development
EIN
38-2857500
Phone
2319475075
Address
202 E GRANDVIEW PARKWAY, TRAVERSE CITY, MI 49684

Signing Officer

Name
Doug Luciani
Title
President
Phone
2319957110
Signed
2017-10-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Doug Luciani
Formed
1989
Legal Domicile
Mi
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
0

Preparer

Firm
Dgn LLC
Address
PO BOX 947, TRAVERSE CITY, MI 49685-0947
Preparer
Mary F Krantz CPA
Phone
2319461722
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The board of directors assumes responsibility for the oversight and selection of the auditors.”

Raw XML AppendixShowing 400 of 431 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.

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IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0151112
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0557666
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0482177
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02815935
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02719089
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0575706
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0322596
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0550755
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt04105
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0305
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01453467
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0156265
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt084517
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt036885
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt024513
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt046061
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0348241
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt070420
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt047407
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01188
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt036212
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt047021
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0202248
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0156265
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt084517
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt036885
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt024513
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt046061
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0348241
IRS990ScheduleA/InvestmentIncomeCYPct00.17380
IRS990ScheduleA/InvestmentIncomePYPct00.17440
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.82620
IRS990ScheduleA/PublicSupportPY509Pct00.82560
IRS990ScheduleA/PublicSupportTotal509Amt01655715
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0646126
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0370003
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0551943
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt040317
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt047326
IRS990ScheduleA/Total509Grp/TotalAmt01655715
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0802391
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0454520
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0588828
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt064830
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt093387
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02003956
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/ScheduleBRequiredInd01
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0320214
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt060100
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt125552
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt29248
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEFERRED REVENUE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1FIDUCIARY AGENT LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2DUE TO AFFILIATES AND RELATED PARTIES
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0802391
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0320214
IRS990ScheduleD/TotalLiabilityAmt094900
IRS990ScheduleD/TotalRevenuePerForm990Amt0802391
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0802391
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0320214
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS PROVIDED TO THE FINANCE COMMITEE FOR REVIEW PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE POLICY IS DISTRIBUTED TO BOARD MEMBERS ONCE A YEAR AND THEY ARE REQUIRED TO SIGN AN ACKNOWLEDGMENT FORM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD OF DIRECTORS ASSUMES RESPONSIBILITY FOR THE OVERSIGHT AND SELECTION OF THE AUDITORS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxableDistributionsInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt06691
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt03975
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt04723107
IRS990/TotalAssetsEOYAmt04969866
IRS990/TotalAssetsGrp/BOYAmt04723107
IRS990/TotalAssetsGrp/EOYAmt04969866
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0575706
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt044299
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt072705
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0203210
IRS990/TotalFunctionalExpensesGrp/TotalAmt0320214
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02356363
IRS990/TotalLiabilitiesEOYAmt02120945
IRS990/TotalLiabilitiesGrp/BOYAmt02356363
IRS990/TotalLiabilitiesGrp/EOYAmt02120945
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02366744
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02848921
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt017535
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt017535
IRS990/TotalProgramServiceExpensesAmt0203210
IRS990/TotalProgramServiceRevenueAmt017535
IRS990/TotalReportableCompFromOrgAmt0113406
IRS990/TotalRevenueGrp/ExclusionAmt0156265
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt070420
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0802391
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt04723107
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt04969866
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt06646
IRS990/TravelGrp/TotalAmt06646
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt02360053
IRS990/UnrestrictedNetAssetsGrp/EOYAmt02844946
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0202 E GRANDVIEW PARKWAY
IRS990/USAddress/CityNm0TRAVERSE CITY
IRS990/USAddress/StateAbbreviationCd0MI
IRS990/USAddress/ZIPCd049684
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0VENTURENORTHFUNDING.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0DOUG LUCIANI

Document Assets

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Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,969,866
Liabilities
$2,120,945
Net assets
$2,848,921
Revenue
$802,391
Expenses
$320,214
Net income
$482,177
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.64$3.72$3.92$1.18$1.03$0.15
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.38$3.62$3.76$0.99$1.02$0.04
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.85$3.05$3.80$1.19$0.80$0.39
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.40$3.00$3.41$1.35$1.25$0.10
2020Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$6.33$3.02$3.31$0.97$1.28$0.31
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.22$2.61$3.61$0.52$0.73$0.21
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.42$2.60$3.82$0.75$0.42$0.34
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.80$2.32$3.48$1.04$0.41$0.63
2016Detailed filing. Detailed filing data is available for this year.$4.97$2.12$2.85$0.80$0.32$0.48
2015Summary only. Only limited summary data is available for this year.$4.72$2.36$2.37$0.56$0.15$0.41
2014Detailed filing. Detailed filing data is available for this year.$4.00$2.04$1.96$0.59$0.05$0.54
2013Detailed filing. Detailed filing data is available for this year.$1.55$0.13$1.42$0.03$0.03$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.42$0.00$1.42$0.02
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.40$0.02$1.38$0.09
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.36$0.00$1.36$0.03
Peer Organizations

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