Civic Intelligence

Entrepreneurs' Organization Southeast Virginia

990 • Fiscal year 2024 • EIN 54-2155712

Jul 01, 2023 to Jun 30, 2024 • Filed on Aug 06, 2024

P O Box 6212Virginia Beach, VA 23456

(757) 468-5440

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

Higher debt load relative to assets than 57% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

58th percentile

0.00x

Higher debt load relative to revenue than 58% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

53rd percentile

4.8%

Higher net margin than 53% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

98th percentile

$97,036

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 25.8% of source-year revenue.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

58th percentile

5.9%

Faster asset growth than 58% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

61st percentile

12%

Faster revenue growth than 61% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$323,831

Up $17,932 (+5.9%) from 2023

Net Assets

Up

$323,761

Up $17,934 (+5.9%) from 2023

Liabilities

Down

$70

Down $2 (-2.8%) from 2023

Revenue

Up

$376,669

Up $39,902 (+12%) from 2023

Expenses

Up

$358,735

Up $13,969 (+4.1%) from 2023

Net Income

Up

$17,934

Up $25,933 (+324%) from 2023

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2011: $48,457Liabilities 2011: $0Net Assets 2011: $48,4572011Assets 2012: $21,549Liabilities 2012: $0Net Assets 2012: $21,5492012Assets 2013: $41,887Liabilities 2013: $0Net Assets 2013: $41,8872013Assets 2014: $14,965Liabilities 2014: $10,000Net Assets 2014: $4,9652014Assets 2015: $39,826Net Assets 2015: $39,8262015Assets 2016: $65,193Net Assets 2016: $65,1932016Assets 2017: $1,400Net Assets 2017: $1,4002017Assets 2018: $55,044Net Assets 2018: $55,0442018Assets 2019: $141,719Liabilities 2019: $0Net Assets 2019: $141,7192019Assets 2020: $242,706Liabilities 2020: $177,472Net Assets 2020: $65,2342020Assets 2021: $318,063Liabilities 2021: $209,347Net Assets 2021: $108,7162021Assets 2022: $313,928Liabilities 2022: $102Net Assets 2022: $313,8262022Assets 2023: $305,899Liabilities 2023: $72Net Assets 2023: $305,8272023Assets 2024: $323,831Liabilities 2024: $70Net Assets 2024: $323,7612024Assets 2025: $295,687Liabilities 2025: $2,406Net Assets 2025: $293,2812025

Highlighted filing

2024

Assets$323,831
Liabilities$70
Net Assets$323,761

Operations Trend

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

$400K$200K$0-$200KRevenue 2011: $89,399Expenses 2011: $88,545Net Income 2011: $8542011Revenue 2012: $50,652Expenses 2012: $77,560Net Income 2012: -$26,9082012Revenue 2013: $107,665Expenses 2013: $87,327Net Income 2013: $20,3382013Revenue 2014: $87,649Expenses 2014: $124,571Net Income 2014: -$36,9222014Revenue 2015: $182,178Expenses 2015: $147,317Net Income 2015: $34,8612015Revenue 2016: $149,813Expenses 2016: $124,449Net Income 2016: $25,3642016Revenue 2017: $70,325Expenses 2017: $134,118Net Income 2017: -$63,7932017Revenue 2018: $168,139Expenses 2018: $114,495Net Income 2018: $53,6442018Revenue 2019: $246,126Expenses 2019: $159,451Net Income 2019: $86,6752019Revenue 2020: $105,824Expenses 2020: $182,309Net Income 2020: -$76,4852020Revenue 2021: $293,776Expenses 2021: $250,294Net Income 2021: $43,4822021Revenue 2022: $337,823Expenses 2022: $341,973Net Income 2022: -$4,1502022Revenue 2023: $336,767Expenses 2023: $344,766Net Income 2023: -$7,9992023Revenue 2024: $376,669Expenses 2024: $358,735Net Income 2024: $17,9342024Revenue 2025: $341,655Expenses 2025: $372,135Net Income 2025: -$30,4802025

Highlighted filing

2024

Revenue$376,669
Expenses$358,735
Net Income$17,934
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Aug 6, 2024
Return Version
2023v5.0
Gross Receipts
$376,669
Mission and Program Overview

Mission

The organizations' primary purpose is to provide education to entrepreneurs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$305,899$262,663▼ $43,236
Savings and Temporary Cash Investments-$61,168-
Total Assets$305,899$323,831▲ $17,932
Liabilities
Accounts Payable and Accrued Expenses$72$70▼ $2
Total Liabilities$72$70▼ $2
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$305,827$323,761▲ $17,934
Total Net Assets Fund Balance$305,827$323,761▲ $17,934
Total Liabilities and Net Assets / Fund Balance$305,899$323,831▲ $17,932
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Christina TateExecutive DiFT$97,036$97,036

Board Members and Trustees

NameTitle
Kevin WelshForum Chair
Lee SheridanGsea Chair
Troy TaylorMyeo Chair
Lori SpinatoSap Chair
John FinguerraSap Co-chair
Bill BurnetteSocial Chair
Eugene ThompsonPresident
Danny MaxwellPresident El
Erik OlsonAccelerator
Marion LongAccelerator
Greg GarrettExternal Eng
Lynda StaffordFinance Chai
Todd PretiGovernance C
Brian PooleLearning CHA
Dean IvesLearning Co-
Rachel SedaMarketing&co
Ed SheaMember Eng C
Theresa CeniccolaMember Eng C
Rod HobbsMembership C
Tony DisilvestroMembership C
Revenue and Support

Revenue Composition

Contributions and Grants
$89,427
Program Service Revenue
$283,859
Investment Income
$1,183
Other Revenue
$2,200
All Other Contributions
$89,427
Change in Net Assets
$17,934

Audited Revenue Reconciliation

Revenue per Audited Statements
$376,669
Total Revenue per Audited Statements
$376,669
Total Revenue per Form 990
$376,669
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$250,167
Salaries, Compensation, and Employee Benefits$108,568
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$97,036--$97,036
Conferences and Meetings$95,318--$95,318
Advertising$37,758--$37,758
All Other Expenses$15,323$11,860-$27,183
Office Expenses$21,068--$21,068
Fees for Services Accounting$14,000--$14,000
Payroll Taxes$8,532--$8,532
Other Expenses$6,378$23,787-$6,378
Other Employee Benefits$3,000--$3,000
Insurance-$2,660-$2,660
Total Functional Expenses$320,428$38,307$0$358,735

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$358,735
Total Expenses per Audited Statements$358,735
Total Expenses per Form 990$358,735
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

ONE CLASS OF MEMBERS

Form 990, Page 6, Part VI, Line 7A

Candidates submit mission statement and operational plan, executive board meets, reviews and selects next president. President, past president and president elect meet and assemble remaining slate of officers. Slate is sent to membership for approval.

Form 990, Page 6, Part VI, Line 11B

Executive board reviews and approves the tax return.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
ENTREPRENEURS' ORGANIZATION
EIN
54-2155712
Phone
7574685440
Address
P O BOX 6212, VIRGINIA BEACH, VA 23456

Signing Officer

Name
Danny Maxwell
Title
President Elect
Signed
2024-08-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Danny Maxwell
Formed
2004
Legal Domicile
Va
Voting Board Members
20
Independent Board Members
20
Employees
1

Preparer

Firm
Jones CPA Group Pc
Address
100 CONSTITUTION DRIVE SUITE 200, VIRGINIA BEACH, VA 23462
Preparer
Henry T Petersen CPA
Phone
7576314760
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

SEE ABOVE

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IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0305827
IRS990/NetAssetsOrFundBalancesEOYAmt0323761
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0305827
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0323761
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/ProgramServicesAmt021068
IRS990/OfficeExpensesGrp/TotalAmt021068
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt03000
IRS990/OtherEmployeeBenefitsGrp/TotalAmt03000
IRS990/OtherExpensesGrp/Desc0END OF YEAR PARTY
IRS990/OtherExpensesGrp/Desc1MEMBER MEALS
IRS990/OtherExpensesGrp/Desc2REGIONAL NERVE FUND
IRS990/OtherExpensesGrp/Desc3ACCELERATOR EVENT HOSTING
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt023787
IRS990/OtherExpensesGrp/ProgramServicesAmt013895
IRS990/OtherExpensesGrp/ProgramServicesAmt18120
IRS990/OtherExpensesGrp/ProgramServicesAmt26378
IRS990/OtherExpensesGrp/TotalAmt023787
IRS990/OtherExpensesGrp/TotalAmt113895
IRS990/OtherExpensesGrp/TotalAmt28120
IRS990/OtherExpensesGrp/TotalAmt36378
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt02200
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02200
IRS990/OtherRevenueTotalAmt02200
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt08532
IRS990/PayrollTaxesGrp/TotalAmt08532
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0DANNY MAXWELL
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/Desc1LEARNING EVENTS
IRS990/ProgramServiceRevenueGrp/ExclusionAmt0220904
IRS990/ProgramServiceRevenueGrp/ExclusionAmt162955
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0220904
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt162955
IRS990/ProgSrvcAccomActy2Grp/Desc0EVENTS ORGANIZED TO EDUCATE MEMBERSHIP ON A WIDE VARIETY OF TOPICS AFFECTING THEIR BUSINESSES.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt072863
IRS990/ProgSrvcAccomActyOtherGrp/Desc0SEE ABOVE
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0225110
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt064608
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt0241353
IRS990/PYOtherRevenueAmt01050
IRS990/PYProgramServiceRevenueAmt0271109
IRS990/PYRevenuesLessExpensesAmt0-7999
IRS990/PYSalariesCompEmpBnftPaidAmt0103413
IRS990/PYTotalExpensesAmt0344766
IRS990/PYTotalRevenueAmt0336767
IRS990/ReconcilationRevenueExpnssAmt017934
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0283859
IRS990/SavingsAndTempCashInvstGrp/EOYAmt061168
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt089427
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt064608
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt066070
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt077350
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0101674
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0399129
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt01183
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01183
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt02200
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt01050
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0400
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt015606
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt019256
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt0283859
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt0271109
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt0271353
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt0200820
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt04150
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt01031291
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt01183
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01183
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99920
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt01449676
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0375486
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0336767
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0337823
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0293776
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0105824
IRS990ScheduleA/Total509Grp/TotalAmt01449676
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0376669
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0336767
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0337823
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0293776
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0105824
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01450859
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/ExpensesSubtotalAmt0358735
IRS990ScheduleD/RevenueSubtotalAmt0376669
IRS990ScheduleD/TotalExpensesPerForm990Amt0358735
IRS990ScheduleD/TotalRevenuePerForm990Amt0376669
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0376669
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0358735
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SEE ABOVE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ONE CLASS OF MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CANDIDATES SUBMIT MISSION STATEMENT AND OPERATIONAL PLAN, EXECUTIVE BOARD MEETS, REVIEWS AND SELECTS NEXT PRESIDENT. PRESIDENT, PAST PRESIDENT AND PRESIDENT ELECT MEET AND ASSEMBLE REMAINING SLATE OF OFFICERS. SLATE IS SENT TO MEMBERSHIP FOR APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3EXECUTIVE BOARD REVIEWS AND APPROVES THE TAX RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0305899
IRS990/TotalAssetsEOYAmt0323831
IRS990/TotalAssetsGrp/BOYAmt0305899
IRS990/TotalAssetsGrp/EOYAmt0323831
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt089427
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt038307
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0320428
IRS990/TotalFunctionalExpensesGrp/TotalAmt0358735
IRS990/TotalGrossUBIAmt00

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.96$0.02$2.93$3.42$3.72$0.30
2024Detailed filing. Detailed filing data is available for this year.$3.24$0.00$3.24$3.77$3.59$0.18
2023Detailed filing. Detailed filing data is available for this year.$3.06$0.00$3.06$3.37$3.45$0.08
2022Detailed filing. Detailed filing data is available for this year.$3.14$0.00$3.14$3.38$3.42$0.04
2021Detailed filing. Detailed filing data is available for this year.$3.18$2.09$1.09$2.94$2.50$0.43
2020Detailed filing. Detailed filing data is available for this year.$2.43$1.77$0.65$1.06$1.82$0.76
2019Detailed filing. Detailed filing data is available for this year.$1.42$0.00$1.42$2.46$1.59$0.87
2018Detailed filing. Detailed filing data is available for this year.$0.55$0.55$1.68$1.14$0.54
2017Detailed filing. Detailed filing data is available for this year.$0.01$0.01$0.70$1.34$0.64
2016Detailed filing. Detailed filing data is available for this year.$0.65$0.65$1.50$1.24$0.25
2015Detailed filing. Detailed filing data is available for this year.$0.40$0.40$1.82$1.47$0.35
2014Detailed filing. Detailed filing data is available for this year.$0.15$0.10$0.05$0.88$1.25$0.37
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.42$0.00$0.42$1.08$0.87$0.20
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.22$0.00$0.22$0.51$0.78$0.27
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.48$0.00$0.48$0.89$0.89$0.01