Civic Intelligence

The Venture Forum Inc

EIN 46-1129772 • 501(c)3 • Worcester, MA

Profile

To educate and serve technology-based entrepreneurial activity and economic development.

44 Portland Street Suite 4Worcester, MA 01608

www.theventureforum.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

65th percentile

0.18x

Higher debt load relative to assets than 65% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

28th percentile

0.01x

Higher debt load relative to revenue than 28% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

31st percentile

-3.7%

Higher net margin than 31% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

10th percentile

-18%

Faster asset growth than 10% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2024

Revenue Growth

97th percentile

234%

Faster revenue growth than 97% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2024

Balance Sheet
Liabilities / Assets65th percentile

Assets

Down

$68,469

Down $35,188 (-34%) from 2023

Liabilities

$12,000

No earlier filing loaded for comparison.

Net Assets

Down

$56,469

Down $47,188 (-46%) from 2023

Operations
Liabilities / Revenue28th percentileNet Margin31st percentile

Revenue

Up

$1,263,321

Up $1,147,390 (+990%) from 2023

Expenses

Up

$1,310,510

Up $1,197,141 (+1056%) from 2023

Net Income

Down

-$47,189

Down $49,751 (-1942%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth10th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150K$100K$50K$0Assets 2021: $68,743Liabilities 2021: $0Net Assets 2021: $68,7432021Assets 2022: $101,096Net Assets 2022: $101,0962022Assets 2023: $103,657Net Assets 2023: $103,6572023Assets 2024: $68,469Liabilities 2024: $12,000Net Assets 2024: $56,4692024

Highlighted filing

2024

Assets$68,469
Liabilities$12,000
Net Assets$56,469
Open 2024 Filing

Operations Trend

Revenue Growth97th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2021: $79,000Expenses 2021: $52,106Net Income 2021: $26,8942021Revenue 2022: $113,208Expenses 2022: $80,855Net Income 2022: $32,3532022Revenue 2023: $115,931Expenses 2023: $113,369Net Income 2023: $2,5622023Revenue 2024: $1,263,321Expenses 2024: $1,310,510Net Income 2024: -$47,1892024

Highlighted filing

2024

Revenue$1,263,321
Expenses$1,310,510
Net Income-$47,189
Open 2024 Filing

Filings

Most recent year

2024 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$68,469
Liabilities
$12,000
Net assets
$56,469
Revenue
$1,263,321
Expenses
$1,310,510
Net income
-$47,189
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.07$0.01$0.06$1.26$1.31$0.05
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.10$0.10$0.12$0.11$0.00
2022Detailed filing. Detailed filing data is available for this year.$0.10$0.10$0.11$0.08$0.03
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.07$0.00$0.07$0.08$0.05$0.03
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 3, 2023
Return Version
2022v5.0
Gross Receipts
$113,208
Mission and Program Overview

Mission

To educate and serve technology-based entrepreneurial activity and economic development.

Program Services

DescriptionGrantsExpenses
TO EDUCATE AND SERVE TECHNOLOGY-BASED ENTREPRENEURIAL ACTIVITY AND ECONOMIC DEVELOPMENT.-$19,868
Compensation and Service Providers
Top Officer Pay74th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
RONALD FRASERPresident-$0--
RICHARD POWELLTreasurer &-$0--
JOHN BRISBOISDirector-$0--
Filing and Contact Details

Filer

Filer Name
The Venture Forum Inc
EIN
46-1129772
Phone
7743644642
Address
44 PORTLAND STREET SUITE 4, WORCESTER, MA 01608

Signing Officer

Name
Ronald Fraser
Title
President
Phone
7743644642
Signed
2023-11-03

Preparer

Firm
Joel B Shaw CPA
Address
120 MAIN STREET 2ND FLOOR, WORCESTER, MA 01608
Preparer
Joel B Shaw
Phone
5087971130
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses office supplies 1,675 prizes & awards 9,000 program expenses 5,831 web-related expenses 3,362 insurance 5,599 filing fees 53 total 25,520”

Form 990-ez, Part III

“To educate and serve technology-based entrepreneurial activity and economic development.”

Raw XML Appendix135 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/AddressChangeInd0X
IRS990EZ/BooksInCareOfDetail/PersonNm0NOLAN RYAN
IRS990EZ/BooksInCareOfDetail/PhoneNum07743644642
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt044 PORTLAND STREET
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0WORCESTER
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd001608
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt068743
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0101096
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0113000
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt032353
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt055335
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt068743
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0101096
IRS990EZ/GrossReceiptsAmt0113208
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt0208
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt068743
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0101096
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt068743
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0101096
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt04.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0RONALD FRASER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1RICHARD POWELL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JOHN BRISBOIS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER &
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt025520
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO EDUCATE AND SERVE TECHNOLOGY-BASED ENTREPRENEURIAL ACTIVITY AND ECONOMIC DEVELOPMENT.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO EDUCATE AND SERVE TECHNOLOGY-BASED ENTREPRENEURIAL ACTIVITY AND ECONOMIC DEVELOPMENT.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt019868
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt080855
IRS990EZ/TotalProgramServiceExpensesAmt019868
IRS990EZ/TotalRevenueAmt0113208
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.THEVENTUREFORUM.ORG
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0113000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt079000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt012275
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt024050
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt021150
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0249475
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt051
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0443
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0494
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0208
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99800
IRS990ScheduleA/PublicSupportPY170Pct00.99710
IRS990ScheduleA/PublicSupportTotal170Amt0249475
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0113000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt079000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt012275
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt024050
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt021150
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0249475
IRS990ScheduleA/TotalSupportAmt0249969
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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES OFFICE SUPPLIES 1,675 PRIZES & AWARDS 9,000 PROGRAM EXPENSES 5,831 WEB-RELATED EXPENSES 3,362 INSURANCE 5,599 FILING FEES 53 TOTAL 25,520
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1TO EDUCATE AND SERVE TECHNOLOGY-BASED ENTREPRENEURIAL ACTIVITY AND ECONOMIC DEVELOPMENT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART III
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT. THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0RONALD FRASER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07743644642
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-03
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE VENTURE FORUM INC
ReturnHeader/Filer/BusinessNameControlTxt0VENT
ReturnHeader/Filer/EIN0461129772
ReturnHeader/Filer/PhoneNum07743644642
ReturnHeader/Filer/USAddress/AddressLine1Txt044 PORTLAND STREET SUITE 4
ReturnHeader/Filer/USAddress/CityNm0WORCESTER
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd001608
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0043238365
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JOEL B SHAW CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0120 MAIN STREET 2ND FLOOR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WORCESTER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd001608
ReturnHeader/PreparerPersonGrp/PhoneNum05087971130
ReturnHeader/PreparerPersonGrp/PreparationDt02023-11-06
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOEL B SHAW
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02023-11-08T13:26:58-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0RONALD
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0FRASER
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.