Civic Intelligence

Venture Carolina

990EZ • Fiscal year 2019 • EIN 46-4531249

Jan 01, 2019 to Dec 31, 2019 • Filed on Sep 26, 2020

Organization ProfileN/A
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

57th percentile

0.00x

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

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

Liabilities / Revenue

57th percentile

0.00x

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

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

Net Margin

37th percentile

-1.2%

Higher net margin than 37% 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

16th percentile

-30%

Faster asset growth than 16% of similar nonprofits.

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

Revenue Growth

90th percentile

71%

Faster revenue growth than 90% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets57th percentile

Assets

Down

$5,106

Down $2,141 (-30%) from 2018

Net Assets

Down

$5,106

Down $2,141 (-30%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue And Expenses
Liabilities / Revenue57th percentileNet Margin37th percentile

Revenue

Up

$176,888

Up $73,246 (+71%) from 2018

Expenses

Up

$179,029

Up $79,697 (+80%) from 2018

Net Income

Down

-$2,141

Down $6,451 (-150%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth16th 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

2019

Assets$5,106
Liabilities$0
Net Assets$5,106
Open 2019 Filing

Operations Trend

Revenue Growth90th 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

2019

Revenue$176,888
Expenses$179,029
Net Income-$2,141
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Sep 26, 2020
Return Version
2019v5.1
Gross Receipts
$176,888
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$175,766
Compensation and Service Providers
Top Officer Pay77th percentile

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
2020-09-26
Discuss with paid preparer
Yes

Preparer

Firm
Bauknight Pietras & Stormer Pa
Address
1501 MAIN ST SUITE 600, COLUMBIA, SC 29201
Preparer
Shellie S Johnson
Phone
8037718943
Supplemental Narrative

Additional Explanations

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

“Description: registration and license fees. Amount: 1,511. Description: workshop expenses. Amount: 61,232. Description: consultant fee. Amount: 20,800. Description: office expense. Amount: 3,120. Description: computer expense. Amount: 278. Description: miscellaneous expense. Amount: 143. Total to form 990-ez, line 16: 87,084.”

Raw XML Appendix159 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/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
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
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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/OtherExpensesTotalAmt087084
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE EDUCATIONAL PROGRAMS TO STIMULATE THE CREATION AND GROWTH OF HIGH IMPACT COMPANIES
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO PROVIDE EDUCATIONAL PROGRAMS TO STIMULATE THE CREATION AND GROWTH OF HIGH IMPACT COMPANIES
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0175766
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt061106
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0SC
IRS990EZ/SubjectToProxyTaxInd00
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IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
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IRS990EZ/TotalProgramServiceExpensesAmt0175766
IRS990EZ/TotalRevenueAmt0176888
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
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/CurrentTaxYearAmt0176888
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0103642
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt029738
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0278500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0588768
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0588768
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0176888
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0103642
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt029738
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0278500
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0588768
IRS990ScheduleA/TotalSupportAmt0588768
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/ExplanationTxt0DESCRIPTION: REGISTRATION AND LICENSE FEES. AMOUNT: 1,511. DESCRIPTION: WORKSHOP EXPENSES. AMOUNT: 61,232. DESCRIPTION: CONSULTANT FEE. AMOUNT: 20,800. DESCRIPTION: OFFICE EXPENSE. AMOUNT: 3,120. DESCRIPTION: COMPUTER EXPENSE. AMOUNT: 278. DESCRIPTION: MISCELLANEOUS EXPENSE. AMOUNT: 143. TOTAL TO FORM 990-EZ, LINE 16: 87,084.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 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/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0LEON C BANKS JR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum08034146702
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-09-26
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
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ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0A46B3FA22E6CD94470352D0D97DA6A96A5E579C7
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0165.166.110.50
ReturnHeader/FilingSecurityInformation/IPDt02020-09-26
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm017:39:47
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0570940019
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BAUKNIGHT PIETRAS & STORMER PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01501 MAIN ST SUITE 600
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0COLUMBIA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0SC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd029201
ReturnHeader/PreparerPersonGrp/PhoneNum08037718943
ReturnHeader/PreparerPersonGrp/PreparationDt02020-09-26
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SHELLIE S JOHNSON
ReturnHeader/ReturnTs02020-09-28T13:34:11-05:00
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
$5,106
Liabilities
$0
Net assets
$5,106
Revenue
$176,888
Expenses
$179,029
Net income
-$2,141
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