Civic Intelligence

New Entrepreneurs Opportunity Fund

990 • Fiscal year 2017 • EIN 45-1768605

Jan 01, 2017 to Dec 31, 2017 • Filed on Sep 11, 2018

Organization ProfileN/A
PO Box 2300Ashtabula, OH 44004

(440) 997-6175

Siviq Scores

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

Liabilities / Assets

91st percentile

0.59x

Higher debt load relative to assets than 91% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

98th percentile

2.41x

Higher debt load relative to revenue than 98% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

4th percentile

-108%

Higher net margin than 4% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

93rd percentile

$52,500

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 61.9% of source-year revenue.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

83rd percentile

46%

Faster asset growth than 83% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

69th percentile

16%

Faster revenue growth than 69% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets91st percentile

Assets

Up

$346,538

Up $109,134 (+46%) from 2016

Net Assets

Down

$142,233

Down $91,673 (-39%) from 2016

Liabilities

Up

$204,305

Up $200,807 (+5741%) from 2016

Revenue And Expenses
Liabilities / Revenue98th percentileNet Margin4th percentile

Revenue

Up

$84,863

Up $11,550 (+16%) from 2016

Expenses

Down

$176,536

Down $48,700 (-22%) from 2016

Net Income

Up

-$91,673

Up $60,250 (+40%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth83rd percentile

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

$600K$400K$200K$0-$200KAssets 2011: $182,014Liabilities 2011: $13,119Net Assets 2011: $168,8952011Assets 2012: $231,669Liabilities 2012: $2,915Net Assets 2012: $228,7542012Assets 2013: $330,620Liabilities 2013: $13,884Net Assets 2013: $316,7362013Assets 2014: $409,242Liabilities 2014: $11,843Net Assets 2014: $397,3992014Assets 2015: $387,509Liabilities 2015: $1,680Net Assets 2015: $385,8292015Assets 2016: $237,404Liabilities 2016: $3,498Net Assets 2016: $233,9062016Assets 2017: $346,538Liabilities 2017: $204,305Net Assets 2017: $142,2332017Assets 2018: $536,717Liabilities 2018: $416,619Net Assets 2018: $120,0982018Assets 2019: $360,653Liabilities 2019: $409,723Net Assets 2019: -$49,0702019Assets 2020: $77,375Liabilities 2020: $13,182Net Assets 2020: $64,1932020Assets 2021: $106,950Liabilities 2021: $884Net Assets 2021: $106,0662021Assets 2022: $149,524Liabilities 2022: $0Net Assets 2022: $149,5242022Assets 2023: $143,267Liabilities 2023: $2,688Net Assets 2023: $140,5792023

Highlighted filing

2017

Assets$346,538
Liabilities$204,305
Net Assets$142,233
Open 2017 Filing

Operations Trend

Revenue Growth69th percentile

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

$400K$200K$0-$200KRevenue 2011: $260,354Expenses 2011: $91,459Net Income 2011: $168,8952011Revenue 2012: $131,558Expenses 2012: $71,699Net Income 2012: $59,8592012Revenue 2013: $158,153Expenses 2013: $70,171Net Income 2013: $87,9822013Revenue 2014: $165,377Expenses 2014: $84,714Net Income 2014: $80,6632014Revenue 2015: $51,809Expenses 2015: $63,379Net Income 2015: -$11,5702015Revenue 2016: $73,313Expenses 2016: $225,236Net Income 2016: -$151,9232016Revenue 2017: $84,863Expenses 2017: $176,536Net Income 2017: -$91,6732017Revenue 2018: $223,247Expenses 2018: $245,382Net Income 2018: -$22,1352018Revenue 2019: $34,743Expenses 2019: $163,161Net Income 2019: -$128,4182019Revenue 2020: $178,288Expenses 2020: $65,027Net Income 2020: $113,2612020Revenue 2021: $130,466Expenses 2021: $100,855Net Income 2021: $29,6112021Revenue 2022: $185,213Expenses 2022: $141,755Net Income 2022: $43,4582022Revenue 2023: $182,506Expenses 2023: $191,451Net Income 2023: -$8,9452023

Highlighted filing

2017

Revenue$84,863
Expenses$176,536
Net Income-$91,673
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Sep 11, 2018
Return Version
2017v2.3
Gross Receipts
$85,961
Mission and Program Overview

Mission

To combat community deterioration and encourage economic development and job creation in the ashtabula county area.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$130,618$272,849▲ $142,231
Cash and Non-Interest-Bearing Accounts$85,028$72,371▼ $12,657
Savings and Temporary Cash Investments$18,539--
Land, Buildings, and Equipment, Net$2,385$0▼ $2,385
Accounts Receivable-$1,055-
Inventories for Sale or Use$834$263▼ $571
Total Assets$237,404$346,538▲ $109,134
Liabilities
Mortgage Notes Payable Secured by Investment Property-$200,000-
Accounts Payable and Accrued Expenses$3,498$4,305▲ $807
Total Liabilities$3,498$204,305▲ $200,807
Net Assets / Fund Balance
Unrestricted Net Assets$215,367$95,973▼ $119,394
Temporarily Rstr Net Assets$18,539$46,260▲ $27,721
Total Net Assets Fund Balance$233,906$142,233▼ $91,673
Total Liabilities and Net Assets / Fund Balance$237,404$346,538▲ $109,134

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$7,697$7,697
Compensation and Service Providers
Top Officer Pay93rd percentile

Employees

NameTitleFull / Part TimeBaseTotal
Eric DiamondPresidentPT$52,500$52,500

Board Members and Trustees

NameTitle
Alice MccarthyDirector
David HickeyDirector
George StoufferDirector
James TimonereDirector
Laura JonesDirector
Nathan RockwellDirector
Timothy F MccarthyDirector
Stuart CordellSecretary
William H DouglasTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$63,125
Program Service Revenue
$4,737
Investment Income
$14,288
Other Revenue
$2,713
All Other Contributions
$63,125
Change in Net Assets
$-91,673

Audited Revenue Reconciliation

Revenue per Audited Statements
$84,863
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$1,098
Total Revenue per Audited Statements
$85,961
Total Revenue per Form 990
$84,863
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$176,536
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
Fees for Services Legal$24,074--$24,074
Fees for Services Accounting$15,225--$15,225
Occupancy$12,800--$12,800
Interest$3,792--$3,792
Depreciation Depletion$2,385--$2,385
Information Technology$1,410--$1,410
Advertising$774--$774
Other Expenses$481--$481
Office Expenses$404--$404
Total Functional Expenses$176,536$0$0$176,536

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$177,634
Expenses per Audited Statements$176,536
Total Expenses per Form 990$176,536
Expenses Not Reported on Form 990$1,098
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$1,098
Fundraising Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Eric DiamondPresident of the BoardActing Executive DirectorNo$52,500
Stuart CordellAttorney at Warren and Young PllLegal FeesNo$24,074
Stuart CordellLand LordRentalNo$9,000
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
Yes
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

“All members of the governing body are provided a copy of form 990 for review.”

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

“Code of regulations require each director and officer to complete and submit an annual disclosure and acknowledgement statement regarding potential conflicts.”

Form 990, Part VI, Section C, Line 19

“The organization's financial statements and governing documents are available upon request.”

Filing and Contact Details

Filer

Filer Name
New Entrepreneurs Opportunity Fund
EIN
45-1768605
Phone
4409976175
Address
PO BOX 2300, ASHTABULA, OH 44004

Signing Officer

Name
Stuart Cordell
Title
Secretary
Phone
4409976175
Signed
2018-09-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Stuart Cordell
Formed
2011
Legal Domicile
Oh
Voting Board Members
10
Independent Board Members
9
Employees
0
Volunteers
0

Preparer

Firm
Snodgrass of Ne Ohio Inc
Address
4820 STATE ROAD, ASHTABULA, OH 44004
Preparer
Larry S Johnson
Phone
4409932142
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The organization has a committee that assumes responsibility for oversight of the audit. This process has not changed from the prior year.”

Financial Statement Notes

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Fundraising expense 1,098.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Fundraising expense 1,098.”

Raw XML AppendixShowing 400 of 422 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt03498
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt04305
IRS990/AccountsReceivableGrp/EOYAmt01055
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO COMBAT COMMUNITY DETERIORATION AND ENCOURAGE ECONOMIC DEVELOPMENT AND JOB CREATION IN THE ASHTABULA COUNTY AREA.
IRS990/AdvertisingGrp/ProgramServicesAmt0774
IRS990/AdvertisingGrp/TotalAmt0774
IRS990/AllOtherContributionsAmt063125
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0STUART CORDELL
IRS990/BooksInCareOfDetail/PhoneNum04409976175
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 2300
IRS990/BooksInCareOfDetail/USAddress/CityNm0ASHTABULA
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0OH
IRS990/BooksInCareOfDetail/USAddress/ZIPCd044004
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd01
IRS990/CashNonInterestBearingGrp/BOYAmt085028
IRS990/CashNonInterestBearingGrp/EOYAmt072371
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt063125
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt014288
IRS990/CYOtherExpensesAmt0176536
IRS990/CYOtherRevenueAmt02713
IRS990/CYProgramServiceRevenueAmt04737
IRS990/CYRevenuesLessExpensesAmt0-91673
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0176536
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt084863
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt02385
IRS990/DepreciationDepletionGrp/TotalAmt02385
IRS990/Desc0TO MAKE LOANS TO QUALITY INDIVIDUALS WITH A GOOD WORK ETHIC AND A GOOD IDEA BASED ON A SOLID BUSINESS PLAN, BUT WHO LACK ACCESS TO TRADITIONAL SOURCES OF CAPITAL AND TO PROVIDE TRAINING AND EDUCATION PROGRAMS FOR ASPIRING ENTREPRENEURS AND ITS LOAN CLIENTS, AS WELL AS INDIVIDUAL COACHING OPPORTUNITIES.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0176536
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt015225
IRS990/FeesForServicesAccountingGrp/TotalAmt015225
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt024074
IRS990/FeesForServicesLegalGrp/TotalAmt024074
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt015.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt72.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt810.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt92.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/PersonNm0ERIC DIAMOND
IRS990/Form990PartVIISectionAGrp/PersonNm1ALICE MCCARTHY
IRS990/Form990PartVIISectionAGrp/PersonNm2JAMES TIMONERE
IRS990/Form990PartVIISectionAGrp/PersonNm3GEORGE STOUFFER
IRS990/Form990PartVIISectionAGrp/PersonNm4DAVID HICKEY
IRS990/Form990PartVIISectionAGrp/PersonNm5LAURA JONES
IRS990/Form990PartVIISectionAGrp/PersonNm6NATHAN ROCKWELL
IRS990/Form990PartVIISectionAGrp/PersonNm7TIMOTHY F MCCARTHY
IRS990/Form990PartVIISectionAGrp/PersonNm8STUART CORDELL
IRS990/Form990PartVIISectionAGrp/PersonNm9WILLIAM H DOUGLAS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt052500
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt9TREASURER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02011
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/FundraisingDirectExpensesAmt01098
IRS990/FundraisingGrossIncomeAmt00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt085961
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt01410
IRS990/InformationTechnologyGrp/TotalAmt01410
IRS990/InterestGrp/ProgramServicesAmt03792
IRS990/InterestGrp/TotalAmt03792
IRS990/InventoriesForSaleOrUseGrp/BOYAmt0834
IRS990/InventoriesForSaleOrUseGrp/EOYAmt0263
IRS990/InvestmentIncomeGrp/ExclusionAmt014288
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt014288
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt05
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt07697
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02385
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LandBldgEquipCostOrOtherBssAmt07697
IRS990/LegalDomicileStateCd0OH
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO COMBAT COMMUNITY DETERIORATION AND ENCOURAGE ECONOMIC DEVELOPMENT AND JOB CREATION IN THE ASHTABULA COUNTY AREA.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0200000
IRS990/NetAssetsOrFundBalancesBOYAmt0233906
IRS990/NetAssetsOrFundBalancesEOYAmt0142233
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-1098
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-1098
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt012800
IRS990/OccupancyGrp/TotalAmt012800
IRS990/OfficeExpensesGrp/ProgramServicesAmt0404
IRS990/OfficeExpensesGrp/TotalAmt0404
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0CONSULTING FEES
IRS990/OtherExpensesGrp/Desc1PROGRAM EXPENSES
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc3FILING FEES
IRS990/OtherExpensesGrp/ProgramServicesAmt090203
IRS990/OtherExpensesGrp/ProgramServicesAmt122654
IRS990/OtherExpensesGrp/ProgramServicesAmt22334
IRS990/OtherExpensesGrp/ProgramServicesAmt3481
IRS990/OtherExpensesGrp/TotalAmt090203
IRS990/OtherExpensesGrp/TotalAmt122654
IRS990/OtherExpensesGrp/TotalAmt22334
IRS990/OtherExpensesGrp/TotalAmt3481
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt03811
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt03811
IRS990/OtherRevenueTotalAmt03811
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0130618
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0272849
IRS990/PartialLiquidationInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0STUART CORDELL
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0LOAN FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt04737
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04737
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt051105
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt022193
IRS990/PYOtherExpensesAmt0225236
IRS990/PYOtherRevenueAmt015
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-151923
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0225236
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt073313
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-91673
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt08548
IRS990/SavingsAndTempCashInvstGrp/BOYAmt018539
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt067862
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt051105
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt025250
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0144290
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0140000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0428507
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt014288
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt022193
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt026559
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt021087
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt018153
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0102280
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt03811
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt015
IRS990ScheduleA/OtherIncome170Grp/TotalAmt03826
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.80150
IRS990ScheduleA/PublicSupportPY170Pct00.82330
IRS990ScheduleA/PublicSupportTotal170Amt0428507
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt067862
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt051105
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt025250
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0144290
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0140000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0428507
IRS990ScheduleA/TotalSupportAmt0534613
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt07697
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt07697
IRS990ScheduleD/ExpensesNotReportedAmt01098
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0176536
IRS990ScheduleD/OtherExpensesIncludedAmt01098
IRS990ScheduleD/OtherRevenueAmt01098
IRS990ScheduleD/RevenueNotReportedAmt01098
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt084863
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FUNDRAISING EXPENSE 1,098.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1FUNDRAISING EXPENSE 1,098.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0176536
IRS990ScheduleD/TotalRevenuePerForm990Amt084863
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt085961
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0177634
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0STUART CORDELL
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm1ERIC DIAMOND
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm2STUART CORDELL
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0ATTORNEY AT WARREN AND YOUNG PLL
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1PRESIDENT OF THE BOARD
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt2LAND LORD
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd10
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd20
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt024074
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt152500
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt29000
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0LEGAL FEES
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1ACTING EXECUTIVE DIRECTOR
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc2RENTAL
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ALL MEMBERS OF THE GOVERNING BODY ARE PROVIDED A COPY OF FORM 990 FOR REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CODE OF REGULATIONS REQUIRE EACH DIRECTOR AND OFFICER TO COMPLETE AND SUBMIT AN ANNUAL DISCLOSURE AND ACKNOWLEDGEMENT STATEMENT REGARDING POTENTIAL CONFLICTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION'S FINANCIAL STATEMENTS AND GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
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/StatesWhereCopyOfReturnIsFldCd0OH
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt018539
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt046260
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0237404
IRS990/TotalAssetsEOYAmt0346538
IRS990/TotalAssetsGrp/BOYAmt0237404
IRS990/TotalAssetsGrp/EOYAmt0346538
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt063125
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0176536
IRS990/TotalFunctionalExpensesGrp/TotalAmt0176536
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt03498
IRS990/TotalLiabilitiesEOYAmt0204305
IRS990/TotalLiabilitiesGrp/BOYAmt03498
IRS990/TotalLiabilitiesGrp/EOYAmt0204305
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0233906
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0142233
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0176536
IRS990/TotalProgramServiceRevenueAmt04737
IRS990/TotalReportableCompFromOrgAmt052500
IRS990/TotalRevenueGrp/ExclusionAmt013190
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt08548
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt084863
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0237404
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0346538
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0215367
IRS990/UnrestrictedNetAssetsGrp/EOYAmt095973
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 2300
IRS990/USAddress/CityNm0ASHTABULA
IRS990/USAddress/StateAbbreviationCd0OH
IRS990/USAddress/ZIPCd044004
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0STUART CORDELL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY
ReturnHeader/BusinessOfficerGrp/PhoneNum04409976175
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-09-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NEW ENTREPRENEURS OPPORTUNITY FUND
ReturnHeader/Filer/BusinessNameControlTxt0NEWE
ReturnHeader/Filer/EIN0451768605
ReturnHeader/Filer/PhoneNum04409976175
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 2300
ReturnHeader/Filer/USAddress/CityNm0ASHTABULA

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$346,538
Liabilities
$204,305
Net assets
$142,233
Revenue
$84,863
Expenses
$176,536
Net income
-$91,673
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$1.43$0.03$1.41$1.83$1.91$0.09
2022Summary only. Only limited summary data is available for this year.$1.50$0.00$1.50$1.85$1.42$0.43
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.07$0.01$1.06$1.30$1.01$0.30
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.77$0.13$0.64$1.78$0.65$1.13
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.61$4.10$0.49$0.35$1.63$1.28
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.37$4.17$1.20$2.23$2.45$0.22
2017Detailed filing. Detailed filing data is available for this year.$3.47$2.04$1.42$0.85$1.77$0.92
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.37$0.03$2.34$0.73$2.25$1.52
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.88$0.02$3.86$0.52$0.63$0.12
2014Summary only. Only limited summary data is available for this year.$4.09$0.12$3.97$1.65$0.85$0.81
2013Detailed filing. Detailed filing data is available for this year.$3.31$0.14$3.17$1.58$0.70$0.88
2012Summary only. Only limited summary data is available for this year.$2.32$0.03$2.29$1.32$0.72$0.60
2011Summary only. Only limited summary data is available for this year.$1.82$0.13$1.69$2.60$0.91$1.69