Civic Intelligence

Fox Valley Entrepreneurship Center

990EZ • Fiscal year 2019 • EIN 45-2779311

Jan 01, 2019 to Dec 31, 2019 • Filed on Oct 27, 2020

Organization ProfileWWW.FVEC.ORG
140 First StBatavia, IL 60510

(630) 879-3680

Siviq Scores

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

Liabilities / Assets

71st percentile

0.03x

Higher debt load relative to assets than 71% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

78th percentile

0.05x

Higher debt load relative to revenue than 78% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

84th percentile

32%

Higher net margin than 84% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

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.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

78th percentile

31%

Faster asset growth than 78% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

82nd percentile

39%

Faster revenue growth than 82% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets71st percentile

Assets

Up

$99,011

Up $23,515 (+31%) from 2018

Net Assets

Up

$95,725

Up $20,229 (+27%) from 2018

Liabilities

$3,286

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue78th percentileNet Margin84th percentile

Revenue

Up

$63,791

Up $17,926 (+39%) from 2018

Expenses

Down

$43,563

Down $6,281 (-13%) from 2018

Net Income

Up

$20,228

Up $24,207 (+608%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth78th percentile

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

$150K$100K$50K$0Assets 2014: $82,468Liabilities 2014: $02014Assets 2015: $110,424Net Assets 2015: $110,4242015Assets 2016: $72,906Liabilities 2016: $0Net Assets 2016: $72,9062016Assets 2017: $79,475Net Assets 2017: $79,4752017Assets 2018: $75,496Net Assets 2018: $75,4962018Assets 2019: $99,011Liabilities 2019: $3,286Net Assets 2019: $95,7252019Assets 2021: $72,109Net Assets 2021: $72,1092021Assets 2022: $61,155Net Assets 2022: $61,1552022Assets 2023: $60,743Net Assets 2023: $60,7432023Assets 2024: $77,997Net Assets 2024: $77,9972024

Highlighted filing

2019

Assets$99,011
Liabilities$3,286
Net Assets$95,725
Open 2019 Filing

Operations Trend

Revenue Growth82nd percentile

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

$150K$100K$50K$0-$50KRevenue 2014: $89,500Expenses 2014: $20,318Net Income 2014: $69,1822014Revenue 2015: $104,749Expenses 2015: $76,793Net Income 2015: $27,9562015Revenue 2016: $78,646Expenses 2016: $116,164Net Income 2016: -$37,5182016Revenue 2017: $74,397Expenses 2017: $67,828Net Income 2017: $6,5692017Revenue 2018: $45,865Expenses 2018: $49,844Net Income 2018: -$3,9792018Revenue 2019: $63,791Expenses 2019: $43,563Net Income 2019: $20,2282019Revenue 2021: $12,157Expenses 2021: $22,979Net Income 2021: -$10,8222021Revenue 2022: $31,005Expenses 2022: $41,959Net Income 2022: -$10,9542022Revenue 2023: $45,720Expenses 2023: $46,132Net Income 2023: -$4122023Revenue 2024: $48,747Expenses 2024: $31,493Net Income 2024: $17,2542024

Highlighted filing

2019

Revenue$63,791
Expenses$43,563
Net Income$20,228
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Oct 27, 2020
Return Version
2019v5.0
Gross Receipts
$95,730
Mission and Program Overview

Mission

Assist small and mid-sized businesses in the fox valley area to stimulate economic growth to enhance the success of local entrepreneurs.

Program Services

DescriptionGrantsExpenses
ASSIST NEW AND GROWING BUSINESSES WITH STRATEGIC DIRECTION.-$40,500
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
AUSTIN DEMPSEYPresidentPT$0--
MICHAEL ALGRIMVice PresidePT$0--
MICHAEL ALGRIMTreasurer-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Elevate Event$50,676$22,970$15,688$7,282
Total Events$50,676$22,970$31,939$-8,969
Filing and Contact Details

Filer

Filer Name
Fox Valley Entrepreneurship Center
EIN
45-2779311
Phone
6308793680
Address
140 FIRST ST, BATAVIA, IL 60510

Signing Officer

Name
Michael Algrim
Title
Treasurer
Phone
6308793680
Signed
2020-10-27
Discuss with paid preparer
Yes

Preparer

Firm
APEX CPA'S & CONSULTANTS INC
Address
1652 E MAIN STREET SUITE 100, SAINT CHARLES, IL 60174
Preparer
James N Chakires CPA Cva
Phone
6305844555
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses marketing 372 office expense 122 other business exp 539 insurance 1,577 bank charges 75 other operating expenses 55 total 2,740”

Form 990-ez, Part II, Line 26

“Accounts payable and accrued expenses 0 3,286”

Form 990-ez, Part III

“Assist small and mid-sized businesses in the fox valley area to stimulate economic growth to enhance the success of local entrepreneurs.”

Raw XML Appendix166 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
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IRS990EZ/AddressChangeInd0X
IRS990EZ/BooksInCareOfDetail/PersonNm0THOMAS HANSEN
IRS990EZ/BooksInCareOfDetail/PhoneNum06305637920
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0411 W MAIN ST
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0ST CHARLES
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd060174
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt075497
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt099011
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt072706
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt020228
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt040823
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt075497
IRS990EZ/Form990TotalAssetsGrp/EOYAmt099011
IRS990EZ/FundraisingGrossIncomeAmt022970
IRS990EZ/GrossReceiptsAmt095730
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt054
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt075497
IRS990EZ/NetAssetsOrFundBalancesEOYAmt095725
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt075497
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt095725
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt010.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0AUSTIN DEMPSEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1MICHAEL ALGRIM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2MICHAEL ALGRIM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt02740
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0ASSIST SMALL AND MID-SIZED BUSINESSES IN THE FOX VALLEY AREA TO STIMULATE ECONOMIC GROWTH TO ENHANCE THE SUCCESS OF LOCAL ENTREPRENEURS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0ASSIST NEW AND GROWING BUSINESSES WITH STRATEGIC DIRECTION.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt040500
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt031939
IRS990EZ/SpecialEventsNetIncomeLossAmt0-8969
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0IL
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt03286
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt043563
IRS990EZ/TotalProgramServiceExpensesAmt040500
IRS990EZ/TotalRevenueAmt063791
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.FVEC.ORG
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt075316
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt043770
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt074906
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt078563
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0104730
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0377285
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt054
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt066
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt068
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt083
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt019
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0290
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt098101
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.72140
IRS990ScheduleA/PublicSupportPY170Pct00.73230
IRS990ScheduleA/PublicSupportTotal170Amt0272367
IRS990ScheduleA/SubstantialContributorsTotAmt0104918
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt075316
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt043770
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt074906
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt078563
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0104730
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0377285
IRS990ScheduleA/TotalSupportAmt0377575
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
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt027706
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt027706
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt031939
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt0500
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt0500
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0ELEVATE EVENT
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt0839
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt0839
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt050676
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt050676
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt022970
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt022970
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-8969
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt015688
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt015688
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt014912
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt014912
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES MARKETING 372 OFFICE EXPENSE 122 OTHER BUSINESS EXP 539 INSURANCE 1,577 BANK CHARGES 75 OTHER OPERATING EXPENSES 55 TOTAL 2,740
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACCOUNTS PAYABLE AND ACCRUED EXPENSES 0 3,286
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ASSIST SMALL AND MID-SIZED BUSINESSES IN THE FOX VALLEY AREA TO STIMULATE ECONOMIC GROWTH TO ENHANCE THE SUCCESS OF LOCAL ENTREPRENEURS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL ALGRIM
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum06308793680
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-10-27
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FOX VALLEY ENTREPRENEURSHIP CENTER
ReturnHeader/Filer/BusinessNameControlTxt0FOXV
ReturnHeader/Filer/EIN0452779311
ReturnHeader/Filer/PhoneNum06308793680
ReturnHeader/Filer/USAddress/AddressLine1Txt0140 FIRST ST
ReturnHeader/Filer/USAddress/CityNm0BATAVIA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060510
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0D2386CE7B337BF5FB762AC55CCC19ADB992B8878
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId07B4843A2DBB070920C8F92B3A2E689185CA37B18
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt052.37.240.203
ReturnHeader/FilingSecurityInformation/IPDt02020-10-29
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm015:12:13
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0363407268
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0APEX CPA'S & CONSULTANTS INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01652 E MAIN STREET SUITE 100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SAINT CHARLES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060174
ReturnHeader/PreparerPersonGrp/PhoneNum06305844555
ReturnHeader/PreparerPersonGrp/PreparationDt02020-10-29
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JAMES N CHAKIRES CPA CVA
ReturnHeader/ReturnTs02020-10-29T15:12:13-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$99,011
Liabilities
$3,286
Net assets
$95,725
Revenue
$63,791
Expenses
$43,563
Net income
$20,228
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.78$0.78$0.49$0.31$0.17
2023Detailed filing. Detailed filing data is available for this year.$0.61$0.61$0.46$0.46$0.00
2022Detailed filing. Detailed filing data is available for this year.$0.61$0.61$0.31$0.42$0.11
2021Detailed filing. Detailed filing data is available for this year.$0.72$0.72$0.12$0.23$0.11
2019Detailed filing. Detailed filing data is available for this year.$0.99$0.03$0.96$0.64$0.44$0.20
2018Detailed filing. Detailed filing data is available for this year.$0.75$0.75$0.46$0.50$0.04
2017Detailed filing. Detailed filing data is available for this year.$0.79$0.79$0.74$0.68$0.07
2016Detailed filing. Detailed filing data is available for this year.$0.73$0.00$0.73$0.79$1.16$0.38
2015Detailed filing. Detailed filing data is available for this year.$1.10$1.10$1.05$0.77$0.28
2014Summary only. Only limited summary data is available for this year.$0.82$0.00$0.90$0.20$0.69