Civic Intelligence

Enventure

990EZ • Fiscal year 2018 • EIN 45-4311731

Jan 01, 2018 to Dec 31, 2018 • Filed on May 04, 2019

Organization Profilewww.enventureenterprises.org
2500 Bryarton Woods DrRaleigh, NC 27606

(202) 520-0750

Siviq Scores

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

Liabilities / Assets

80th percentile

0.13x

Higher debt load relative to assets than 80% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

81st percentile

0.09x

Higher debt load relative to revenue than 81% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

76th percentile

20%

Higher net margin than 76% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

88th percentile

$35,000

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 17.8% of source-year revenue.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

34th percentile

-6.2%

Faster asset growth than 34% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

24th percentile

-19%

Faster revenue growth than 24% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets80th percentile

Assets

Down

$128,626

Down $8,510 (-6.2%) from 2017

Net Assets

Up

$111,625

Up $80,564 (+259%) from 2017

Liabilities

Down

$17,001

Down $89,074 (-84%) from 2017

Revenue And Expenses
Liabilities / Revenue81st percentileNet Margin76th percentile

Revenue

Down

$197,045

Down $47,339 (-19%) from 2017

Expenses

Down

$157,526

Down $80,819 (-34%) from 2017

Net Income

Up

$39,519

Up $33,480 (+554%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth34th percentile

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

$150K$100K$50K$0Assets 2013: $3,455Liabilities 2013: $02013Assets 2016: $38,818Liabilities 2016: $02016Assets 2017: $137,136Liabilities 2017: $106,075Net Assets 2017: $31,0612017Assets 2018: $128,626Liabilities 2018: $17,001Net Assets 2018: $111,6252018Assets 2019: $0Liabilities 2019: $0Net Assets 2019: $02019

Highlighted filing

2018

Assets$128,626
Liabilities$17,001
Net Assets$111,625
Open 2018 Filing

Operations Trend

Revenue Growth24th percentile

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

$300K$200K$100K$0Revenue 2013: $8,598Expenses 2013: $5,889Net Income 2013: $2,7092013Revenue 2016: $58,413Expenses 2016: $19,595Net Income 2016: $38,8182016Revenue 2017: $244,384Expenses 2017: $238,345Net Income 2017: $6,0392017Revenue 2018: $197,045Expenses 2018: $157,526Net Income 2018: $39,5192018Revenue 2019: $293,677Expenses 2019: $226,858Net Income 2019: $66,8192019

Highlighted filing

2018

Revenue$197,045
Expenses$157,526
Net Income$39,519
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
May 4, 2019
Return Version
2018v3.0
Gross Receipts
$197,045
Mission and Program Overview

Mission

85% of Ugandans lack access to electricity, safe water, and modern cooking. Rural Community Based Organizations, created by members of the community, know these problems well. Solar energy, non-electric water filters, improved biomass cookstoves, and fuel briquettes are all modern low-cost technologies that can solve rural energy problems. ENVenture accelerates Community Based Organizations to start clean energy businesses. We want everyone in the rural villages to easily access a quality affordable clean energy product for their home without having to travel to the closest city.

ENVenture is an incubator that empowers rural Community Based Organizations (CBOs) to learn business skills and receive financing to launch sustainable clean energy enterprises in Uganda. CBOs receive a low-cost loan and a 1:1 business coach, taking the packaged business concept from idea to execution to expand access to clean energy in the rural areas.

Program Services

DescriptionGrantsExpenses
Provided up to $2,000 in inventory loans for each Community Based Organization to purchase wholesale solar lanterns, systems, improved cookstoves, and water filters to resell in their villages of operation.$155,000$152,897
Recruited 27 volunteers and matched each volunteer to a Community Based Organization to help them monitor and grow their business.$37,361$4,629
Compensation and Service Providers
Top Officer Pay88th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Aneri PradhanExecutive DirectorFT$35,000-$35,000
Filing and Contact Details

Filer

Filer Name
Enventure
EIN
45-4311731
Phone
2025200750
Address
2500 Bryarton Woods Dr, Raleigh, NC 27606

Signing Officer

Name
Aneri Patel
Title
Executive Director
Phone
2025200750
Signed
2019-05-04
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16

“Description;Amount^Professional fees;5032|Program Activity Expenses;7503|Field travel;12234|Volunteer management costs;4629|Subscriptions and dues;3652|Assets;8511^Total;41561^”

Form 990-EZ, Part I, Line 20

“Loans provided to Community Based Organizations in Uganda as our other assets.”

Form 990-EZ, Part II, Line 24

“Description;EOY Amount^Loans to Community Based Organizations in Uganda;90171^Total;90171^”

Form 990-EZ, Part II, Line 26

“Description;EOY Amount^Total liabilities;17001^Total;17001^”

Raw XML Appendix168 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
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BenefitsPaidToOrForMembersAmt00
IRS990EZ/BooksInCareOfDetail/PersonNm0Aneri Pradhan
IRS990EZ/BooksInCareOfDetail/PhoneNum02025200750
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt02500 Bryarton Woods Dr
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Raleigh
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd027606
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt048193
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt038455
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt0192385
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt039519
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt08000
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountCntryCd0UG
IRS990EZ/ForeignFinancialAccountInd01
IRS990EZ/ForeignOfficeCountryCd0UG
IRS990EZ/ForeignOfficeInd01
IRS990EZ/Form1120PolFiledInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0137136
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0128626
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GamingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt0197045
IRS990EZ/GrossSalesOfInventoryAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt031061
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0111625
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt031061
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0111625
IRS990EZ/OccupancyRentUtltsAndMaintAmt08415
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt040
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt035000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Aneri Pradhan
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Executive Director
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt088943
IRS990EZ/OtherAssetsTotalDetail/EOYAmt090171
IRS990EZ/OtherChangesInNetAssetsAmt041045
IRS990EZ/OtherExpensesTotalAmt041561
IRS990EZ/OtherRevenueTotalAmt00
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0ENVenture is an incubator that empowers rural Community Based Organizations (CBOs) to learn business skills and receive financing to launch sustainable clean energy enterprises in Uganda. CBOs receive a low-cost loan and a 1:1 business coach, taking the packaged business concept from idea to execution to expand access to clean energy in the rural areas.
IRS990EZ/PrintingPublicationsPostageAmt0286
IRS990EZ/ProgramServiceRevenueAmt04660
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Provided up to $2,000 in inventory loans for each Community Based Organization to purchase wholesale solar lanterns, systems, improved cookstoves, and water filters to resell in their villages of operation.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1Recruited 27 volunteers and matched each volunteer to a Community Based Organization to help them monitor and grow their business.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ForeignGrantsInd0X
IRS990EZ/ProgramSrvcAccomplishmentGrp/ForeignGrantsInd1X
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt0155000
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt137361
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0152897
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt14629
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt099264
IRS990EZ/SaleOfAssetsGrossAmt00
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NC
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0106075
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt017001
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0157526
IRS990EZ/TotalProgramServiceExpensesAmt0157526
IRS990EZ/TotalRevenueAmt0197045
IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0http://www.enventureenterprises.org
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Interest from loans made.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Schedule A, Part II, Line 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0192385
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0230631
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt058413
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt04372
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01040
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0486841
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0198690
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0233534
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt058413
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt04372
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt01040
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0496049
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt04660
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt03028
IRS990ScheduleA/OtherIncome170Grp/TotalAmt07688
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt0486841
IRS990ScheduleA/PublicSupportTotal509Amt0496049
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0198690
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0233534
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt058413
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt04372
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01040
IRS990ScheduleA/Total509Grp/TotalAmt0496049
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0192385
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0230631
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt058413
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt04372
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01040
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0486841
IRS990ScheduleA/TotalSupportAmt0494529
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0198690
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0233534
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt058413
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt04372
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01040
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0496049
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description;Amount^Professional fees;5032|Program Activity Expenses;7503|Field travel;12234|Volunteer management costs;4629|Subscriptions and dues;3652|Assets;8511^Total;41561^
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Loans provided to Community Based Organizations in Uganda as our other assets.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description;EOY Amount^Loans to Community Based Organizations in Uganda;90171^Total;90171^
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Description;EOY Amount^Total liabilities;17001^Total;17001^
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part II, Line 26
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Aneri Patel
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
ReturnHeader/BusinessOfficerGrp/PhoneNum02025200750
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-05-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ENVENTURE
ReturnHeader/Filer/BusinessNameControlTxt0ENVE
ReturnHeader/Filer/EIN0454311731
ReturnHeader/Filer/PhoneNum02025200750
ReturnHeader/Filer/USAddress/AddressLine1Txt02500 Bryarton Woods Dr
ReturnHeader/Filer/USAddress/CityNm0Raleigh
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd027606
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt071.198.41.183
ReturnHeader/ReturnTs02019-05-06T01:01:57-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$128,626
Liabilities
$17,001
Net assets
$111,625
Revenue
$197,045
Expenses
$157,526
Net income
$39,519
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2019Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$2.94$2.27$0.67
2018Detailed filing. Detailed filing data is available for this year.$1.29$0.17$1.12$1.97$1.58$0.40
2017Detailed filing. Detailed filing data is available for this year.$1.37$1.06$0.31$2.44$2.38$0.06
2016Summary only. Only limited summary data is available for this year.$0.39$0.00$0.58$0.20$0.39
2013Summary only. Only limited summary data is available for this year.$0.03$0.00$0.09$0.06$0.03