Civic Intelligence

Venture Carolina

990EZ • Fiscal year 2017 • EIN 46-4531249

Jan 01, 2017 to Dec 31, 2017 • Filed on May 09, 2018

225 S Pleasantburg Drive No C-15Greenville, SC 29607

(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.

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

Liabilities / Revenue

56th percentile

0.00x

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

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

Net Margin

54th percentile

5.2%

Higher net margin than 54% of similar nonprofits.

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

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

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

Asset Growth

93rd percentile

146%

Faster asset growth than 93% of similar nonprofits.

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

Revenue Growth

100th percentile

3292%

Faster revenue growth than 100% of similar nonprofits.

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

Assets

Up

$2,937

Up $1,744 (+146%) from 2016

Net Assets

Up

$2,937

Up $1,744 (+146%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue

Up

$33,716

Up $32,722 (+3292%) from 2016

Expenses

Up

$31,972

Up $26,252 (+459%) from 2016

Net Income

Up

$1,744

Up $6,470 (+137%) from 2016

Historical Trend

Balance Sheet Trend

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

2017

Assets$2,937
Liabilities$0
Net Assets$2,937

Operations Trend

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

2017

Revenue$33,716
Expenses$31,972
Net Income$1,744
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 9, 2018
Return Version
2017v2.2
Gross Receipts
$33,716
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$31,923
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
PAUL R SPARKSChair-$0--
THOMAS SIMPSONSecretary-$0--
PAUL C CLARKTreasurer-$0--
WALTER FRYEAt-Large Board Member-$0--
JULIANA IAROSSIAt-Large Board Member-$0--
Filing and Contact Details

Filer

Filer Name
Venture Carolina
EIN
46-4531249
Phone
8034146702
Address
225 S PLEASANTBURG DRIVE NO C-15, GREENVILLE, SC 29607

Signing Officer

Name
Leon C Banks Jr
Title
Executive Director
Phone
8034146702
Signed
2018-05-09
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 10 - Grants and Similar Amounts Paid

Activity classification: educational. Grantee name: gabby bows. Grantee address: post office box 3284 irmo, sc 29063. Grantee relationship: n/a. Property description: cash. Date of gift: 06/23/17. Amount given: 3,200.

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

Description: domain registration. Amount: 35. Description: state fees. Amount: 50. Description: workshop expenses. Amount: 11,409. Description: website/logo. Amount: 190. Description: contractor expense. Amount: 1,096. Description: client list. Amount: 4,800. Description: prize awarded. Amount: 5,000. Description: license fees. Amount: 6,192. Total to form 990-ez, line 16: 28,772.

Raw XML Appendix151 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/AddressChangeInd0X
IRS990EZ/BooksInCareOfDetail/PersonNm0LEON C BANKS JR
IRS990EZ/BooksInCareOfDetail/PhoneNum08034146702
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0225 S PLEASANTBURG DRIVE STE C-15
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0GREENVILLE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0SC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd029607
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt01193
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt02937
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt025873
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt01744
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt01193
IRS990EZ/Form990TotalAssetsGrp/EOYAmt02937
IRS990EZ/GrantsAndSimilarAmountsPaidAmt03200
IRS990EZ/GrossReceiptsAmt033716
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt01193
IRS990EZ/NetAssetsOrFundBalancesEOYAmt02937
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt01193
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt02937
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt40.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0PAUL R SPARKS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1THOMAS SIMPSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2PAUL C CLARK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3WALTER FRYE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4JULIANA IAROSSI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3AT-LARGE BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4AT-LARGE BOARD MEMBER
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt028772
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE EDUCATIONAL PROGRAMS TO STIMULATE THE CREATION AND GROWTH OF HIGH IMPACT COMPANIES
IRS990EZ/ProgramServiceRevenueAmt07843
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO PROVIDE EDUCATIONAL PROGRAMS TO STIMULATE THE CREATION AND GROWTH OF HIGH IMPACT COMPANIES
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt031923
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
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/TotalExpensesAmt031972
IRS990EZ/TotalProgramServiceExpensesAmt031923
IRS990EZ/TotalRevenueAmt033716
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/CurrentTaxYearAmt029738
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0278500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt040000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0348238
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt0348238
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt029738
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0278500
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt040000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0348238
IRS990ScheduleA/TotalSupportAmt0348238
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ACTIVITY CLASSIFICATION: EDUCATIONAL. GRANTEE NAME: GABBY BOWS. GRANTEE ADDRESS: POST OFFICE BOX 3284 IRMO, SC 29063. GRANTEE RELATIONSHIP: N/A. PROPERTY DESCRIPTION: CASH. DATE OF GIFT: 06/23/17. AMOUNT GIVEN: 3,200.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: DOMAIN REGISTRATION. AMOUNT: 35. DESCRIPTION: STATE FEES. AMOUNT: 50. DESCRIPTION: WORKSHOP EXPENSES. AMOUNT: 11,409. DESCRIPTION: WEBSITE/LOGO. AMOUNT: 190. DESCRIPTION: CONTRACTOR EXPENSE. AMOUNT: 1,096. DESCRIPTION: CLIENT LIST. AMOUNT: 4,800. DESCRIPTION: PRIZE AWARDED. AMOUNT: 5,000. DESCRIPTION: LICENSE FEES. AMOUNT: 6,192. TOTAL TO FORM 990-EZ, LINE 16: 28,772.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
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/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0LEON C BANKS JR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum08034146702
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-05-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0VENTURE CAROLINA
ReturnHeader/Filer/BusinessNameControlTxt0VENT
ReturnHeader/Filer/EIN0464531249
ReturnHeader/Filer/PhoneNum08034146702
ReturnHeader/Filer/USAddress/AddressLine1Txt0225 S PLEASANTBURG DRIVE NO C-15
ReturnHeader/Filer/USAddress/CityNm0GREENVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0SC
ReturnHeader/Filer/USAddress/ZIPCd029607
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId07BECC7D09033F4F865F6783A88B1406E0A85E844
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId07BECC7D09033F4F865F6783A88B1406E0A85E844
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0165.166.110.50
ReturnHeader/FilingSecurityInformation/IPDt02018-05-09
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm015:16:44
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/PreparationDt02018-05-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SHELLIE S JOHNSON
ReturnHeader/ReturnTs02018-05-15T10:42:10-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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Filings