Civic Intelligence

Venture Carolina

990EZ • Fiscal year 2016 • EIN 46-4531249

Jan 01, 2016 to Dec 31, 2016 • Filed on Sep 01, 2017

Organization ProfileN/A
411 University Ridge Suite 211Greenville, SC 29601

(803) 414-6702

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

2nd percentile

-475%

Higher net margin than 2% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

4th percentile

-80%

Faster asset growth than 4% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

1st percentile

-100%

Faster revenue growth than 1% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets56th percentile

Assets

Down

$1,193

Down $4,726 (-80%) from 2015

Net Assets

Down

$1,193

Down $4,726 (-80%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue And Expenses
Liabilities / Revenue55th percentileNet Margin2nd percentile

Revenue

Down

$994

Down $277,506 (-100%) from 2015

Expenses

Down

$5,720

Down $306,861 (-98%) from 2015

Net Income

Up

-$4,726

Up $29,355 (+86%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth4th percentile

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

$60K$40K$20K$0-$20K-$40KAssets 2015: $5,919Liabilities 2015: $0Net Assets 2015: $5,9192015Assets 2016: $1,193Liabilities 2016: $0Net Assets 2016: $1,1932016Assets 2017: $2,937Liabilities 2017: $0Net Assets 2017: $2,9372017Assets 2018: $7,247Liabilities 2018: $0Net Assets 2018: $7,2472018Assets 2019: $5,106Liabilities 2019: $0Net Assets 2019: $5,1062019Assets 2020: $2,607Liabilities 2020: $23,085Net Assets 2020: -$20,4782020Assets 2021: $42,938Liabilities 2021: $2,388Net Assets 2021: $40,5502021Assets 2022: $43,436Liabilities 2022: $901Net Assets 2022: $42,5352022Assets 2023: $8,534Liabilities 2023: $4,136Net Assets 2023: $4,3982023Assets 2024: $24,772Liabilities 2024: $5,826Net Assets 2024: $18,9462024

Highlighted filing

2016

Assets$1,193
Liabilities$0
Net Assets$1,193
Open 2016 Filing

Operations Trend

Revenue Growth1st percentile

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

$400K$300K$200K$100K$0-$100KRevenue 2015: $278,500Expenses 2015: $312,581Net Income 2015: -$34,0812015Revenue 2016: $994Expenses 2016: $5,720Net Income 2016: -$4,7262016Revenue 2017: $33,716Expenses 2017: $31,972Net Income 2017: $1,7442017Revenue 2018: $103,642Expenses 2018: $99,332Net Income 2018: $4,3102018Revenue 2019: $176,888Expenses 2019: $179,029Net Income 2019: -$2,1412019Revenue 2020: $183,046Expenses 2020: $208,630Net Income 2020: -$25,5842020Revenue 2021: $305,655Expenses 2021: $265,282Net Income 2021: $40,3732021Revenue 2022: $248,492Expenses 2022: $246,093Net Income 2022: $2,3992022Revenue 2023: $100,450Expenses 2023: $138,587Net Income 2023: -$38,1372023Revenue 2024: $199,622Expenses 2024: $185,074Net Income 2024: $14,5482024

Highlighted filing

2016

Revenue$994
Expenses$5,720
Net Income-$4,726
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Sep 1, 2017
Return Version
2016v3.0
Gross Receipts
$994
Mission and Program Overview

Mission

To provide educational programs to stimulate the creation and growth of high impact companies

Program Services

DescriptionGrantsExpenses
TO PROVIDE EDUCATIONAL PROGRAMS TO STIMULATE THE CREATION AND GROWTH OF HIGH IMPACT COMPANIES$0$4,437
Compensation and Service Providers
Top Officer Pay75th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
PAUL R SPARKSChair-$0--
THOMAS SIMPSONSecretary-$0--
J TOM LEDBETTER JRTreasurer-$0--
INEZ TENNEBAUMAt-Large Board Member-$0--
Filing and Contact Details

Filer

Filer Name
Venture Carolina
EIN
46-4531249
Phone
8034146702
Address
411 UNIVERSITY RIDGE SUITE 211, GREENVILLE, SC 29601

Signing Officer

Name
Leon C Banks Jr
Title
Executive Director
Phone
8034146702
Signed
2017-09-01
Discuss with paid preparer
Yes

Preparer

Firm
Bauknight Pietras & Stormer Pa
Address
1517 GERVAIS STREET, COLUMBIA, SC 29201
Preparer
Shellie S Johnson
Phone
8037718943
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: domain registration. Amount: 33. Description: state fees. Amount: 50. Description: workshop expenses. Amount: 4,437. Description: other expenses. Amount: 300. Total to form 990-ez, line 16: 4,820.”

Form 990-ez, Part II, Line 24 - Other Assets

“Description: other receivable. Beg. Of year amount: 300. End of year amount: 0.”

Raw XML Appendix145 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/BooksInCareOfDetail/PersonNm0LEON C BANKS JR
IRS990EZ/BooksInCareOfDetail/PhoneNum08034146702
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0411 UNIVERSITY RIDGE SUITE 211
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0GREENVILLE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0SC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd029601
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt05619
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt01193
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
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IRS990EZ/ExcessOrDeficitForYearAmt0-4726
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IRS990EZ/GrossReceiptsAmt0994
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt05919
IRS990EZ/NetAssetsOrFundBalancesEOYAmt01193
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt05919
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt01193
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.50
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30.50
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0PAUL R SPARKS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1THOMAS SIMPSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2J TOM LEDBETTER JR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3INEZ TENNEBAUM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3AT-LARGE BOARD MEMBER
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0300
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt04820
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE EDUCATIONAL PROGRAMS TO STIMULATE THE CREATION AND GROWTH OF HIGH IMPACT COMPANIES
IRS990EZ/ProgramServiceRevenueAmt0994
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO PROVIDE EDUCATIONAL PROGRAMS TO STIMULATE THE CREATION AND GROWTH OF HIGH IMPACT COMPANIES
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt04437
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0SC
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt05720
IRS990EZ/TotalProgramServiceExpensesAmt04437
IRS990EZ/TotalRevenueAmt0994
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE ORGANIZATION WAS INCORPORATED ON JANUARY 23, 2014. THERE WAS A SHORT PERIOD FOR THAT YEAR.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II LINE 13
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0278500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt040000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0318500
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt0318500
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0278500
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt040000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0318500
IRS990ScheduleA/TotalSupportAmt0318500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: DOMAIN REGISTRATION. AMOUNT: 33. DESCRIPTION: STATE FEES. AMOUNT: 50. DESCRIPTION: WORKSHOP EXPENSES. AMOUNT: 4,437. DESCRIPTION: OTHER EXPENSES. AMOUNT: 300. TOTAL TO FORM 990-EZ, LINE 16: 4,820.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: OTHER RECEIVABLE. BEG. OF YEAR AMOUNT: 300. END OF YEAR AMOUNT: 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
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/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0LEON C BANKS JR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum08034146702
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-09-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0VENTURE CAROLINA
ReturnHeader/Filer/BusinessNameControlTxt0VENT
ReturnHeader/Filer/EIN0464531249
ReturnHeader/Filer/PhoneNum08034146702
ReturnHeader/Filer/USAddress/AddressLine1Txt0411 UNIVERSITY RIDGE SUITE 211
ReturnHeader/Filer/USAddress/CityNm0GREENVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0SC
ReturnHeader/Filer/USAddress/ZIPCd029601
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0D15C857EDB5C725CA416B345933CF0C7430F4346
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0D7EFD5C49E4CEE77423AC2105B98E0F13283C7CE
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0165.166.110.50
ReturnHeader/FilingSecurityInformation/IPDt02017-09-01
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm013:57:21
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0570940019
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BAUKNIGHT PIETRAS & STORMER PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01517 GERVAIS STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0COLUMBIA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0SC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd029201
ReturnHeader/PreparerPersonGrp/PhoneNum08037718943
ReturnHeader/PreparerPersonGrp/PreparationDt02017-09-01
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SHELLIE S JOHNSON
ReturnHeader/ReturnTs02017-09-05T10:08:42-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,193
Liabilities
$0
Net assets
$1,193
Revenue
$994
Expenses
$5,720
Net income
-$4,726
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.25$0.06$0.19$2.00$1.85$0.15
2023Detailed filing. Detailed filing data is available for this year.$0.09$0.04$0.04$1.00$1.39$0.38
2022Detailed filing. Detailed filing data is available for this year.$0.43$0.01$0.43$2.48$2.46$0.02
2021Detailed filing. Detailed filing data is available for this year.$0.43$0.02$0.41$3.06$2.65$0.40
2020Detailed filing. Detailed filing data is available for this year.$0.03$0.23$0.20$1.83$2.09$0.26
2019Detailed filing. Detailed filing data is available for this year.$0.05$0.00$0.05$1.77$1.79$0.02
2018Detailed filing. Detailed filing data is available for this year.$0.07$0.00$0.07$1.04$0.99$0.04
2017Detailed filing. Detailed filing data is available for this year.$0.03$0.00$0.03$0.34$0.32$0.02
2016Detailed filing. Detailed filing data is available for this year.$0.01$0.00$0.01$0.01$0.06$0.05
2015Detailed filing. Detailed filing data is available for this year.$0.06$0.00$0.06$2.79$3.13$0.34