Liabilities / Assets
49th percentile
Higher debt load relative to assets than 49% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
49th percentile
Higher debt load relative to assets than 49% of similar nonprofits.
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on this filing.
Net Margin
Score unavailable
Net margin requires both revenue and expenses on this filing.
Top Officer Pay
Score unavailable
This filing does not contain officer compensation rows.
Asset Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Revenue Growth
Score unavailable
No valid filing value is available for this score.
Assets
$1,551,692
No earlier filing loaded for comparison.
Net Assets
$1,341,589
No earlier filing loaded for comparison.
Liabilities
$210,103
No earlier filing loaded for comparison.
Revenue
-
No earlier filing loaded for comparison.
Expenses
$2,673,430
No earlier filing loaded for comparison.
Net Income
-
No earlier filing loaded for comparison.
Founded in 1971, new ventures, inc. Has been serving troup county for 50 years initially serving as a sheltered workshop for the west georgia area, we provided work programs and leisure activities for adults with developmental disabilities. In response to community needs, our programs expanded to include work evaluation, work adjustment, sheltered employment, and job placement. Many years later, the job training program expanded again to serve individuals with other barriers to employment. Other barriers to employment may include, but are not limited to, homelessness, lack of education, lack of work experience, lack of transportation, criminal history, etc. The expansion in services led to the establishment of our mission, new ventures, inc. Is a training company that teaches necessary skills for successful employment.
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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| IRS990/Description | 0 | To provide assistance to individuals with barriers to employment, by relying on industrial businesses in the LaGrange-Troup County area to obtain outsourcing that is used as pre-employment training. In addition to training, employment opportunities are available for individuals who need long term support whether working in-house or off-site in a supervised temporary commercial placement location. |
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| IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation | 0 | The Organization has adopted the provisions of the FASB Accounting Standards Codification (ASC) income tax topic 740-10, Accounting for Uncertainty in Income Taxes. The guidance prescribes a comprehensive model for how a company should measure, recognize, present, and disclose in its financial statements uncertain tax positions that the company has taken or expects to take on a tax return. The Organization adopted ASC 740-10 as of July 1, 2009 and, thereafter, recognizes the tax benefits from uncertain tax positions only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities. There was no impact to the Organization's financial statements as a result of the implementation of ASC 740-10. |
| IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation | 1 | TO CORRECT ROUNDING ERROR: -2. |
| IRS990ScheduleD/Form990ScheduleDPartXIV/Identifier | 0 | Part X: |
| IRS990ScheduleD/Form990ScheduleDPartXIV/Identifier | 1 | Part XI, Line 8 - Other Adjustments: |
| IRS990ScheduleD/Form990ScheduleDPartXIV/ReturnReference | 0 | Description of Uncertain Tax Positions Under FIN 48: |
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| IRS990ScheduleO/GeneralExplanation/Explanation | 0 | The Board of Directors authorizes the Controller to review a "draft" copy of the prepared 990. Upon completion of the review, the Controller presents the draft to the executive director, (or if available the executive committee), for approval. After approval the Form 990 is then filed. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 1 | Board Directors, key employees and officers are required to disclose any interest that could give rise to conflicts. Compliance with this policy is continuously monitored and enforced. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 2 | PROVIDED UPON REQUEST. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 3 | The Executive Commmittee of New Ventures, Inc. oversees the selection and appointment of the independent accountant who audits the financial statements and prepares the Form 990. The process and procedures in place to make the selection have not changed over prior year. |
| IRS990ScheduleO/GeneralExplanation/Identifier | 0 | Form 990, Part VI, Section B, line 11 |
| IRS990ScheduleO/GeneralExplanation/Identifier | 1 | Form 990, Part VI, Section B, line 12c |
| IRS990ScheduleO/GeneralExplanation/Identifier | 2 | Form 990, Part VI, Section C, line 19 |
| IRS990ScheduleO/GeneralExplanation/Identifier | 3 | FORM 990, PART XI Line 2C: |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 0 | Executive Committee Oversees Selection of Independent Accountant |
| IRS990/ScheduleORequired | 0 | 1 |
| IRS990ScheduleR/ExchangeOfAssets | 0 | 0 |
| IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/AddressLine1 | 0 | 306 FORT DRIVE |
| IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/City | 0 | LAGRANGE |
| IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/State | 0 | GA |
| IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/ZIPCode | 0 | 30240 |
| IRS990ScheduleR/Form990ScheduleRPartII/EIN | 0 | 810581180 |
| IRS990ScheduleR/Form990ScheduleRPartII/LegalDomicileState | 0 | GA |
| IRS990ScheduleR/Form990ScheduleRPartII/NameOfDisregardedEntity/BusinessNameLine1 | 0 | NEW VENTURES ENTERPRISES INC |
| IRS990ScheduleR/Form990ScheduleRPartII/PrimaryActivities | 0 | TO PROVIDE VOCATIONAL EVALUATIONS AND TRAINING FOR PERSONS WITH DISABILITES |
| IRS990ScheduleR/GiftGrantOrCapContrFrOtherOrg | 0 | 0 |
| IRS990ScheduleR/GiftGrantOrCapContrToOtherOrg | 0 | 0 |
| IRS990ScheduleR/LoansOrGuaranteesFromOtherOrg | 0 | 0 |
| IRS990ScheduleR/LoansOrGuaranteesToOtherOrg | 0 | 1 |
| IRS990ScheduleR/OtherTransferFromOtherOrg | 0 | 0 |
| IRS990ScheduleR/OtherTransferToOtherOrg | 0 | 0 |
| IRS990ScheduleR/PerformOfServicesByOtherOrgs | 0 | 0 |
| IRS990ScheduleR/PerformOfServicesForOtherOrgs | 0 | 0 |
| IRS990ScheduleR/PurchaseOfAssetsFromOtherOrg | 0 | 0 |
| IRS990ScheduleR/ReceiptOfIntAnnRentsRoyalties | 0 | 0 |
| IRS990ScheduleR/ReimbursementPaidByOtherOrg | 0 | 1 |
| IRS990ScheduleR/ReimbursementPaidToOtherOrg | 0 | 0 |
| IRS990ScheduleR/RentalOfFacilitiesFrOtherOrgs | 0 | 0 |
| IRS990ScheduleR/RentalOfFacilitiesToOtherOrgs | 0 | 1 |
| IRS990ScheduleR/SaleOfAssetsToOtherOrg | 0 | 0 |
| IRS990ScheduleR/SharingOfFacilities | 0 | 0 |
| IRS990ScheduleR/SharingOfPaidEmployees | 0 | 1 |
| IRS990ScheduleR/TransactionsRelatedOrgsTable/AmountInvolved | 0 | 500 |
| IRS990ScheduleR/TransactionsRelatedOrgsTable/AmountInvolved | 1 | 25431 |
| IRS990ScheduleR/TransactionsRelatedOrgsTable/AmountInvolved | 2 | 13485 |
| IRS990ScheduleR/TransactionsRelatedOrgsTable/AmountInvolved | 3 | 82368 |
| IRS990ScheduleR/TransactionsRelatedOrgsTable/NameOfOtherOrganization/BusinessNameLine1 | 0 | Note Receivable from New Venture Enterprises |
| IRS990ScheduleR/TransactionsRelatedOrgsTable/NameOfOtherOrganization/BusinessNameLine1 | 1 | Rental of Floor space and machinery |
| IRS990ScheduleR/TransactionsRelatedOrgsTable/NameOfOtherOrganization/BusinessNameLine1 | 2 | Sharing Administrative and Accounting Employees |
| IRS990ScheduleR/TransactionsRelatedOrgsTable/NameOfOtherOrganization/BusinessNameLine1 | 3 | Reimbursement expenses |
| IRS990ScheduleR/TransactionsRelatedOrgsTable/TransactionType | 0 | D |
| IRS990ScheduleR/TransactionsRelatedOrgsTable/TransactionType | 1 | I |
| IRS990ScheduleR/TransactionsRelatedOrgsTable/TransactionType | 2 | N |
| IRS990ScheduleR/TransactionsRelatedOrgsTable/TransactionType | 3 | P |
| IRS990/School | 0 | 0 |
| IRS990/SignificantChange | 0 | 0 |
| IRS990/SignificantNewProgramServices | 0 | 0 |
| IRS990/StateLegalDomicile | 0 | GA |
| IRS990/StatesWhereCopyOfReturnIsFiled | 0 | GA |
| IRS990/TaxablePartyNotification | 0 | 0 |
| IRS990/TaxExemptBonds | 0 | 0 |
| IRS990/TemporarilyRestrictedNetAssets/EOY | 0 | 5000 |
| IRS990/Terminated | 0 | 0 |
| IRS990/TermOrPermanentEndowments | 0 | 0 |
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Displayed year
2010 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.