Liabilities / Assets
78th percentile
Higher debt load relative to assets than 78% of similar nonprofits.
Venture North Funding and Development
990 • Fiscal year 2015 • EIN 38-2857500
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.50x
Liabilities / Revenue
94th percentile
Higher debt load relative to revenue than 94% of similar nonprofits.
Net Margin
96th percentile
Higher net margin than 96% of similar nonprofits.
Top Officer Pay
Score unavailable
This filing does not contain officer compensation rows.
Asset Growth
80th percentile
Faster asset growth than 80% of similar nonprofits.
Revenue Growth
28th percentile
Faster revenue growth than 28% of similar nonprofits.
Balance Sheet
Assets
Up$4,723,107
Up $721,397 (+18%) from 2014
Net Assets
Up$2,366,744
Up $406,554 (+21%) from 2014
Liabilities
Up$2,356,363
Up $314,843 (+15%) from 2014
Revenue And Expenses
Revenue
Down$557,666
Down $31,162 (-5.3%) from 2014
Expenses
Up$151,112
Up $104,373 (+223%) from 2014
Net Income
Down$406,554
Down $135,535 (-25%) from 2014
Historical Trend
Filing Detail Status
This 2015 filing currently has summary financial data only. Detailed schedules, leadership, and program rows are not available for this filing yet.
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2015 to Dec 31, 2015
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.
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2015 • Form 990Summary only. Only limited summary data is available for this year.
- Assets
- $4,723,107
- Liabilities
- $2,356,363
- Net assets
- $2,366,744
- Revenue
- $557,666
- Expenses
- $151,112
- Net income
- $406,554