Civic Intelligence

The Idea Village Inc

990 • Fiscal year 2013 • EIN 45-0470675

Jul 01, 2012 to Jun 30, 2013 • Filed on Feb 15, 2014

515 Girod Street70130
Siviq Scores

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

Liabilities / Assets

21st percentile

0.01x

Higher debt load relative to assets than 21% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2013

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2013

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2013

Asset Growth

60th percentile

5.3%

Faster asset growth than 60% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Up

$1,111,785

Up $56,362 (+5.3%) from 2012

Net Assets

Up

$1,105,207

Up $87,610 (+8.6%) from 2012

Liabilities

Down

$6,578

Down $31,248 (-83%) from 2012

Revenue

-

No earlier filing loaded for comparison.

Expenses

Down

$1,908,014

Down $3,963 (-0.2%) from 2012

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2010: $906,128Liabilities 2010: $67,409Net Assets 2010: $838,7192010Assets 2011: $996,446Liabilities 2011: $50,069Net Assets 2011: $946,3772011Assets 2012: $1,055,423Liabilities 2012: $37,826Net Assets 2012: $1,017,5972012Assets 2013: $1,111,785Liabilities 2013: $6,578Net Assets 2013: $1,105,2072013Assets 2014: $926,220Liabilities 2014: $15,688Net Assets 2014: $910,5322014Assets 2015: $937,465Liabilities 2015: $11,700Net Assets 2015: $925,7652015Assets 2016: $1,038,536Liabilities 2016: $112,475Net Assets 2016: $926,0612016Assets 2017: $1,211,146Liabilities 2017: $18,991Net Assets 2017: $1,192,1552017Assets 2018: $482,354Liabilities 2018: $126,709Net Assets 2018: $355,6452018Assets 2019: $479,881Liabilities 2019: $31,265Net Assets 2019: $448,6162019Assets 2020: $713,418Liabilities 2020: $166,140Net Assets 2020: $547,2782020Assets 2021: $982,103Liabilities 2021: $213,609Net Assets 2021: $768,4942021Assets 2022: $1,052,812Liabilities 2022: $157,277Net Assets 2022: $895,5352022Assets 2023: $1,181,843Liabilities 2023: $403,363Net Assets 2023: $778,4802023Assets 2024: $1,090,785Liabilities 2024: $175,788Net Assets 2024: $914,9972024

Highlighted filing

2013

Assets$1,111,785
Liabilities$6,578
Net Assets$1,105,207

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $2,190,2032010Revenue 2011: $1,226,609Expenses 2011: $1,118,951Net Income 2011: $107,6582011Expenses 2012: $1,911,9772012Expenses 2013: $1,908,0142013Revenue 2014: $1,649,682Expenses 2014: $1,844,357Net Income 2014: -$194,6752014Revenue 2015: $2,208,308Expenses 2015: $2,193,075Net Income 2015: $15,2332015Revenue 2016: $2,465,542Expenses 2016: $2,465,246Net Income 2016: $2962016Revenue 2017: $2,671,665Expenses 2017: $2,405,571Net Income 2017: $266,0942017Revenue 2018: $751,733Expenses 2018: $1,588,243Net Income 2018: -$836,5102018Revenue 2019: $1,161,646Expenses 2019: $1,068,675Net Income 2019: $92,9712019Revenue 2020: $956,174Expenses 2020: $857,512Net Income 2020: $98,6622020Revenue 2021: $1,307,477Expenses 2021: $1,086,261Net Income 2021: $221,2162021Revenue 2022: $1,474,698Expenses 2022: $1,347,657Net Income 2022: $127,0412022Revenue 2023: $1,805,703Expenses 2023: $1,922,758Net Income 2023: -$117,0552023Revenue 2024: $1,828,367Expenses 2024: $1,691,850Net Income 2024: $136,5172024

Highlighted filing

2013

Revenue-
Expenses$1,908,014
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2012 to Jun 30, 2013
Signed
Feb 15, 2014
Return Version
2012v2.1
Gross Receipts
$1,995,624
Mission and Program Overview

Mission

The idea village is a 501(c)(3) non-profit organization with a mission to identify, support and retain entrepreneurial talent in new orleans and the surrounding regions.

Major Activities

Activity 2
Special projectseach entrepreneur season, the idea village executes select special projects. Special projects allow the organization to test new programs and partnerships before fully integrating them into the season. Special projects during the 2013 entrepreneur season included:water challenge: a targeted program in partnership with the greater new orleans foundation that identifies and supports entrepreneurial solutions that apply innovative approaches to how we live with water in southeast louisiana. Continued schedule owater challenge (continued): after completing an intensive educational series with the idea village, 4 of 29 cohort members were invited into a 3-month accelerator with the idea village entrepreneurs-in-residence in preparation for a $50,000 pitch during new orleans entrepreneur week, which pierce industries won. Education challenge: an initiative in partnership with 4.0 schools that supports startups tackling critical problems within education. Select entrepreneurs are invited into the 4.0 accelerator program and then mentored by idea village entrepreneurs-in-residence as they prepare for the final pitch during new orleans entrepreneur week. Mschool won the 2013 pitch, receiving a $25,000 grant and coming in 2nd place, haystack edu received a $5,000 grant. Trust your crazy ideas challenge: an initiative in partnership with the brees dream foundation and google for entrepreneurs centered on developing entrepreneurial talent at the high school level. During 2013, select high schools teams were challenged with developing a meaningful movement within their own school communities and beyond. Lusher charter school won, receiving a $10,000 grant. Runners-up cohen college prep, st. Augustine, and newman each received $2,500. Incubating the incubators - latvia: at the request of the u.s. Embassy, the idea village launched a pilot ecosystem mentorship initiative with latvia. The idea village developed a curriculum on igniting an entrepreneurial movement and delivered it to the latvians via google hangout. In-person "exchanges" also took place. A latvian delegation, made up of members of the idea hotel incubator, visited during noew after which robbie vitrano, a 2013 season entrepreneur-in-residence, travelled to latvia. The idea village's annual entrepreneur season culminates in new orleans entrepreneur week (noew). Noew has become the premier showcase event for the new orleans entrepreneurial ecosystem. Noew 2013 was ten times the size of the inaugural year with 3,000 of the nation's most innovative business leaders, financiers, entrepreneurs, and students engaged to support local entrepreneurs through 64 events. 92% of noew 2013 attendees thought the quality of the sessions was excellent or good 96% of noew 2013 attendees are planning on attending noew 2014.
Filing and Contact Details

Filer

EIN
45-0470675
Raw XML AppendixShowing 400 of 617 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/Activity2/Description0SPECIAL PROJECTSEACH ENTREPRENEUR SEASON, THE IDEA VILLAGE EXECUTES SELECT SPECIAL PROJECTS. SPECIAL PROJECTS ALLOW THE ORGANIZATION TO TEST NEW PROGRAMS AND PARTNERSHIPS BEFORE FULLY INTEGRATING THEM INTO THE SEASON. SPECIAL PROJECTS DURING THE 2013 ENTREPRENEUR SEASON INCLUDED:WATER CHALLENGE: A TARGETED PROGRAM IN PARTNERSHIP WITH THE GREATER NEW ORLEANS FOUNDATION THAT IDENTIFIES AND SUPPORTS ENTREPRENEURIAL SOLUTIONS THAT APPLY INNOVATIVE APPROACHES TO HOW WE LIVE WITH WATER IN SOUTHEAST LOUISIANA. CONTINUED SCHEDULE OWATER CHALLENGE (CONTINUED): AFTER COMPLETING AN INTENSIVE EDUCATIONAL SERIES WITH THE IDEA VILLAGE, 4 OF 29 COHORT MEMBERS WERE INVITED INTO A 3-MONTH ACCELERATOR WITH THE IDEA VILLAGE ENTREPRENEURS-IN-RESIDENCE IN PREPARATION FOR A $50,000 PITCH DURING NEW ORLEANS ENTREPRENEUR WEEK, WHICH PIERCE INDUSTRIES WON. EDUCATION CHALLENGE: AN INITIATIVE IN PARTNERSHIP WITH 4.0 SCHOOLS THAT SUPPORTS STARTUPS TACKLING CRITICAL PROBLEMS WITHIN EDUCATION. SELECT ENTREPRENEURS ARE INVITED INTO THE 4.0 ACCELERATOR PROGRAM AND THEN MENTORED BY IDEA VILLAGE ENTREPRENEURS-IN-RESIDENCE AS THEY PREPARE FOR THE FINAL PITCH DURING NEW ORLEANS ENTREPRENEUR WEEK. MSCHOOL WON THE 2013 PITCH, RECEIVING A $25,000 GRANT AND COMING IN 2ND PLACE, HAYSTACK EDU RECEIVED A $5,000 GRANT. TRUST YOUR CRAZY IDEAS CHALLENGE: AN INITIATIVE IN PARTNERSHIP WITH THE BREES DREAM FOUNDATION AND GOOGLE FOR ENTREPRENEURS CENTERED ON DEVELOPING ENTREPRENEURIAL TALENT AT THE HIGH SCHOOL LEVEL. DURING 2013, SELECT HIGH SCHOOLS TEAMS WERE CHALLENGED WITH DEVELOPING A MEANINGFUL MOVEMENT WITHIN THEIR OWN SCHOOL COMMUNITIES AND BEYOND. LUSHER CHARTER SCHOOL WON, RECEIVING A $10,000 GRANT. RUNNERS-UP COHEN COLLEGE PREP, ST. AUGUSTINE, AND NEWMAN EACH RECEIVED $2,500. INCUBATING THE INCUBATORS - LATVIA: AT THE REQUEST OF THE U.S. EMBASSY, THE IDEA VILLAGE LAUNCHED A PILOT ECOSYSTEM MENTORSHIP INITIATIVE WITH LATVIA. THE IDEA VILLAGE DEVELOPED A CURRICULUM ON IGNITING AN ENTREPRENEURIAL MOVEMENT AND DELIVERED IT TO THE LATVIANS VIA GOOGLE HANGOUT. IN-PERSON "EXCHANGES" ALSO TOOK PLACE. A LATVIAN DELEGATION, MADE UP OF MEMBERS OF THE IDEA HOTEL INCUBATOR, VISITED DURING NOEW AFTER WHICH ROBBIE VITRANO, A 2013 SEASON ENTREPRENEUR-IN-RESIDENCE, TRAVELLED TO LATVIA. THE IDEA VILLAGE'S ANNUAL ENTREPRENEUR SEASON CULMINATES IN NEW ORLEANS ENTREPRENEUR WEEK (NOEW). NOEW HAS BECOME THE PREMIER SHOWCASE EVENT FOR THE NEW ORLEANS ENTREPRENEURIAL ECOSYSTEM. NOEW 2013 WAS TEN TIMES THE SIZE OF THE INAUGURAL YEAR WITH 3,000 OF THE NATION'S MOST INNOVATIVE BUSINESS LEADERS, FINANCIERS, ENTREPRENEURS, AND STUDENTS ENGAGED TO SUPPORT LOCAL ENTREPRENEURS THROUGH 64 EVENTS. 92% OF NOEW 2013 ATTENDEES THOUGHT THE QUALITY OF THE SESSIONS WAS EXCELLENT OR GOOD 96% OF NOEW 2013 ATTENDEES ARE PLANNING ON ATTENDING NOEW 2014.
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IRS990/ActivityOrMissionDescription0OUR MISSION IS TO IDENTIFY, SUPPORT, AND RETAIN ENTREPRENEURIAL TALENT IN NEW ORLEANS. THE IDEA VILLAGE DELIVERS AGAINST ITS MISSION BY BUILDING AN ENTREPRENEURIAL ECOSYSTEM AND HAS SOLIDIFIED ITS POSITION AS A LEADING DRIVER OF ENTREPRENEURSHIP. THE IDEA VILLAGE GROWS THE NEW ORLEANS ENTREPRENEURIAL ECOSYSTEM BY EXECUTING AN ANNUAL ENTREPRENEUR SEASON FROM JULY - MARCH THAT ENGAGES TOP TALENT AND STRATEGIC PARTNERS. THE ENTREPRENEUR SEASON, WHICH CULMINATES WITH NEW ORLEANS ENTREPRENEUR WEEK (NOEW), CAPTURES THE CORE CULTURAL ELEMENTS OF THE LOCAL ENVIRONMENT THEREFORE ALLOWING FOR IT TO BECOME AN INTEGRAL PIECE OF THE NEW ORLEANS FABRIC. EACH SEASON ENLISTS NEW PEOPLE WITH NEW IDEAS ALLOWING THE MOVEMENT TO GROW. THE IDEA VILLAGE PROVIDES A BROAD ARRAY OF HIGH-IMPACT EDUCATIONAL AND CONSULTING SERVICES THAT SUPPORT AND FACILITATE ENTREPRENEURIAL GROWTH IN NEW ORLEANS. SEASON PROGRAMMING INCLUDES: EDUCATIONAL SERVICES, STRATEGIC CONSULTING, AND CAPITAL ACCESS PROGRAMS.
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IRS990/Description0CORE PROGRAMSEACH YEAR, THE IDEA VILLAGE'S ENTREPRENEUR SEASON INSTALLS RHYTHMS AND RITUALS THAT STRATEGICALLY AND EFFICIENTLY ENGAGE A GLOBAL NETWORK TO SUPPORT HIGH-GROWTH ENTREPRENEURS, EDUCATE THE LARGER ENTREPRENEURIAL COMMUNITY, AND PROMOTE NEW ORLEANS AS AN ENTREPRENEURIAL HUB. THE SEASON CULMINATES EACH MARCH WITH NEW ORLEANS ENTREPRENEUR WEEK, THE PREMIER ENTREPRENEURSHIP SHOWCASE EVENT IN NEW ORLEANS. LAST YEAR, THE 2013 ENTREPRENEUR SEASON (FROM JULY 2012 TO MARCH 2013), ENGAGED OVER 3,000 PEOPLE TO INVEST OVER $3 MILLION IN RESOURCES ACROSS 975 LOCAL ENTREPRENEURS (A 40% INCREASE COMPARED TO THE 2012 SEASON) THROUGH THE FOLLOWING PROGRAMS:CONTINUED SCHEDULE OIDEAXCELERATOR: AN INTENSIVE, 11-WEEK, STARTUP-FOCUSED PROGRAM LEVERAGING SUCCESSFUL ENTREPRENEURS AS MENTORS FOR A COHORT OF UP TO 15 EARLY-STAGE, NEW ORLEANS-BASED VENTURES. OVER 160 ENTREPRENEURS APPLIED FOR THE 2013 PROGRAM AND THE IDEA VILLAGE SELECTED A PORTFOLIO OF 13 COMPANIES POISED FOR GROWTH TO PARTICIPATE. 60 PERCENT OF THE CLASS WAS REVENUE GENERATING UPON SELECTION AND 80 PERCENT TECH-BASED. WITH INNOVATIVE IDEAS IN A NUMBER OF INDUSTRIES, INCLUDING DIGITAL MEDIA, EDUCATION, HEALTH CARE, FINANCE, AND RETAIL, THE 2013 CLASS WAS A TRUE REFLECTION OF THE EVOLUTION AND GROWTH OF THE LOCAL ENTREPRENEURIAL ECOSYSTEM. IDEASESSIONS: FOCUSED STRATEGY SESSIONS LED BY SEASONED ENTREPRENEURS AND BUSINESS EXPERTS. THE GOAL IS FOR PARTICIPATING ENTREPRENEURS TO WALK AWAY WITH ACTIONABLE NEXT STEPS THAT THEY CAN IMMEDIATELY IMPLEMENT. DURING THE 2013 SEASON, THE IDEA VILLAGE HOSTED 51 IDEASESSIONS FOR NEW ORLEANS ENTREPRENEURS. CAPITAL VILLAGE: AN INVITATION-ONLY PROGRAM THAT DEVELOPS, REFINES, AND STRENGTHENS NEW ORLEANS ENTREPRENEURS' INVESTOR PITCHES FOR A VARIETY OF INNOVATIVE CAPITAL ACCESS OPPORTUNITIES FOR EQUITY CAPITAL (COULTER IDEAPITCH; POWER PITCH); AND GRANTS (THE BIG IDEA).CHAPTERSPOT WON THE 2013 COULTER IDEAPITCH (A VC INVESTMENT PITCH THAT WAS CREATED IN PARTNERSHIP WITH JIM COULTER, FOUNDING PARTNER OF TPG), RECEIVING A CUSTOMIZED, ALL-EXPENSE-PAID TRIP TO CALIFORNIA TO MEET WITH INVESTORS.HAYSTACK EDU AND ZLIEN WON THE POWER PITCH (A FAST-PACED ANGEL INVESTMENT PITCH) AND TRIPS TO SILICON VALLEY, HOUSTON, NEW YORK, AND BALTIMORE.DURING THE 2013 BIG IDEA (A CROWD SOURCED FUNDING EVENT), EDUCATION EVERYTIME AND YOUR NUTRITION DELIVERED EACH WON $50,000 IN THE BIG IDEA, PRESENTED BY IBERIABANK. ATELIER VIE, BIRTHMARK DOULA COLLECTIVE, CLOTHESLINE, DINNER LAB, DYVERSE CITY, ENRICHED SCHOOLS, MEMORANDOM, OOH LA BRA!, PIERCE INDUSTRIES, SIDEWORK, SHOPLOCALSTYLE.COM, SOCIALCHOMP, AND TRAVERST ALSO RECEIVED CAPITAL. IDEACORPS: THE NATIONALLY-RECOGNIZED EXPERIENTIAL LEARNING PROGRAM THAT ENGAGES MBA STUDENTS TO PROVIDE DIRECT STRATEGIC CONSULTING TO SELECT HIGH-GROWTH NEW ORLEANS ENTREPRENEURS DURING NOEW. MBAS FROM EIGHT LEADING NATIONAL UNIVERSITIES INCLUDING COLUMBIA BUSINESS SCHOOL, CORNELL UNIVERSITY'S JOHNSON GRADUATE SCHOOL OF MANAGEMENT, DARTMOUTH COLLEGE'S TUCK SCHOOL OF BUSINESS, HARVARD BUSINESS SCHOOL, LOYOLA UNIVERSITY NEW ORLEANS, STANFORD UNIVERSITY'S GRADUATE SCHOOL OF BUSINESS, TULANE UNIVERSITY'S A.B. FREEMAN SCHOOL OF BUSINESS, AND THE YALE SCHOOL OF MANAGEMENT PARTICIPATED IN THE IDEACORPS PROGRAM DURING NOEW 2013. IDEAINSTITUTE: A WEEKLY SERIES OF WORKSHOPS, PANELS, KEYNOTES, AND NETWORKING EVENTS COVERING A GAMUT OF TOPICS RELEVANT TO ENTREPRENEURS, FROM BUSINESS FUNDAMENTALS TO TODAY'S HOT ISSUES, DELIVERED BY INDUSTRY EXPERTS. DURING THE 2013 SEASON, THE IDEA VILLAGE HOSTED 88 EDUCATIONAL SESSIONS AND SPEAKERS ON TOPICS CRITICAL TO STARTUPS. KEYNOTES INCLUDED: ........WALTER ISAACSON, PRESIDENT AND CEO OF ASPEN INSTITUTE........JIM COULTER, FOUNDING PARTNER OF TPG CAPITAL........AVRAM GLAZER, CO-CHAIRMAN OF MANCHESTER UNITED........HAMDI ULUKAYA, PRESIDENT, FOUNDER, AND CEO OF CHOBANI........MARGARET SPELLINGS, FORMER U.S. SECRETARY OF EDUCATION
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.09$0.18$0.91$1.83$1.69$0.14
2023Detailed filing. Detailed filing data is available for this year.$1.18$0.40$0.78$1.81$1.92$0.12
2022Detailed filing. Detailed filing data is available for this year.$1.05$0.16$0.90$1.47$1.35$0.13
2021Detailed filing. Detailed filing data is available for this year.$0.98$0.21$0.77$1.31$1.09$0.22
2020Detailed filing. Detailed filing data is available for this year.$0.71$0.17$0.55$0.96$0.86$0.10
2019Detailed filing. Detailed filing data is available for this year.$0.48$0.03$0.45$1.16$1.07$0.09
2018Detailed filing. Detailed filing data is available for this year.$0.48$0.13$0.36$0.75$1.59$0.84
2017Detailed filing. Detailed filing data is available for this year.$1.21$0.02$1.19$2.67$2.41$0.27
2016Detailed filing. Detailed filing data is available for this year.$1.04$0.11$0.93$2.47$2.47$0.00
2015Detailed filing. Detailed filing data is available for this year.$0.94$0.01$0.93$2.21$2.19$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.93$0.02$0.91$1.65$1.84$0.19
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.11$0.01$1.11$1.91
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.06$0.04$1.02$1.91
2011Summary only. Only limited summary data is available for this year.$1.00$0.05$0.95$1.23$1.12$0.11
2010XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.91$0.07$0.84$2.19