Civic Intelligence

New Ventures Inc.

990 • Fiscal year 2010 • EIN 58-1124234

Jul 01, 2009 to Jun 30, 2010 • Filed on Feb 15, 2011

306 Fort Drive30240
Siviq Scores

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

Liabilities / Assets

49th percentile

0.14x

Higher debt load relative to assets than 49% of similar nonprofits.

2010 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2010

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2010

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2010

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2010

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2010

Revenue Growth

Score unavailable

No value available

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.

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2010: $1,551,692Liabilities 2010: $210,103Net Assets 2010: $1,341,5892010Assets 2011: $2,129,619Liabilities 2011: $147,120Net Assets 2011: $1,982,4992011Assets 2012: $1,894,175Liabilities 2012: $267,317Net Assets 2012: $1,626,8582012Assets 2013: $1,628,444Liabilities 2013: $195,362Net Assets 2013: $1,433,0822013Assets 2014: $1,566,369Liabilities 2014: $214,969Net Assets 2014: $1,351,4002014Assets 2015: $1,504,002Liabilities 2015: $198,063Net Assets 2015: $1,305,9392015Assets 2016: $2,096,214Liabilities 2016: $1,141,843Net Assets 2016: $954,3712016Assets 2017: $2,339,482Liabilities 2017: $1,280,263Net Assets 2017: $1,059,2192017Assets 2018: $2,486,738Liabilities 2018: $1,842,557Net Assets 2018: $644,1812018Assets 2019: $2,444,792Liabilities 2019: $1,754,485Net Assets 2019: $690,3072019Assets 2020: $4,180,105Liabilities 2020: $1,988,538Net Assets 2020: $2,191,5672020Assets 2021: $4,082,893Liabilities 2021: $1,391,981Net Assets 2021: $2,690,9122021Assets 2022: $3,943,756Liabilities 2022: $373,671Net Assets 2022: $3,570,0852022Assets 2023: $5,150,006Liabilities 2023: $435,907Net Assets 2023: $4,714,0992023Assets 2024: $4,631,422Liabilities 2024: $386,733Net Assets 2024: $4,244,6892024

Highlighted filing

2010

Assets$1,551,692
Liabilities$210,103
Net Assets$1,341,589

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $2,673,4302010Expenses 2011: $2,638,6352011Expenses 2012: $2,616,9232012Revenue 2013: $2,291,194Expenses 2013: $2,518,343Net Income 2013: -$227,1492013Revenue 2014: $2,357,700Expenses 2014: $2,439,382Net Income 2014: -$81,6822014Revenue 2015: $2,702,204Expenses 2015: $2,747,665Net Income 2015: -$45,4612015Revenue 2016: $2,459,750Expenses 2016: $2,811,318Net Income 2016: -$351,5682016Revenue 2017: $3,214,636Expenses 2017: $3,109,788Net Income 2017: $104,8482017Revenue 2018: $2,810,419Expenses 2018: $3,225,457Net Income 2018: -$415,0382018Revenue 2019: $3,312,875Expenses 2019: $3,266,749Net Income 2019: $46,1262019Revenue 2020: $5,651,373Expenses 2020: $4,150,113Net Income 2020: $1,501,2602020Revenue 2021: $4,677,179Expenses 2021: $4,198,788Net Income 2021: $478,3912021Revenue 2022: $4,611,445Expenses 2022: $3,732,272Net Income 2022: $879,1732022Revenue 2023: $5,119,119Expenses 2023: $3,975,105Net Income 2023: $1,144,0142023Revenue 2024: $3,380,639Expenses 2024: $3,851,691Net Income 2024: -$471,0522024

Highlighted filing

2010

Revenue-
Expenses$2,673,430
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2009 to Jun 30, 2010
Signed
Feb 15, 2011
Return Version
2009v1.7
Gross Receipts
$3,247,229
Mission and Program Overview

Mission

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.

Filing and Contact Details

Filer

EIN
58-1124234
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IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation0The 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.
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IRS990ScheduleO/GeneralExplanation/Explanation0The 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/Explanation1Board 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/Explanation2PROVIDED UPON REQUEST.
IRS990ScheduleO/GeneralExplanation/Explanation3The 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.
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IRS990ScheduleR/PerformOfServicesByOtherOrgs00
IRS990ScheduleR/PerformOfServicesForOtherOrgs00
IRS990ScheduleR/PurchaseOfAssetsFromOtherOrg00
IRS990ScheduleR/ReceiptOfIntAnnRentsRoyalties00
IRS990ScheduleR/ReimbursementPaidByOtherOrg01
IRS990ScheduleR/ReimbursementPaidToOtherOrg00
IRS990ScheduleR/RentalOfFacilitiesFrOtherOrgs00
IRS990ScheduleR/RentalOfFacilitiesToOtherOrgs01
IRS990ScheduleR/SaleOfAssetsToOtherOrg00
IRS990ScheduleR/SharingOfFacilities00
IRS990ScheduleR/SharingOfPaidEmployees01
IRS990ScheduleR/TransactionsRelatedOrgsTable/AmountInvolved0500
IRS990ScheduleR/TransactionsRelatedOrgsTable/AmountInvolved125431
IRS990ScheduleR/TransactionsRelatedOrgsTable/AmountInvolved213485
IRS990ScheduleR/TransactionsRelatedOrgsTable/AmountInvolved382368
IRS990ScheduleR/TransactionsRelatedOrgsTable/NameOfOtherOrganization/BusinessNameLine10Note Receivable from New Venture Enterprises
IRS990ScheduleR/TransactionsRelatedOrgsTable/NameOfOtherOrganization/BusinessNameLine11Rental of Floor space and machinery
IRS990ScheduleR/TransactionsRelatedOrgsTable/NameOfOtherOrganization/BusinessNameLine12Sharing Administrative and Accounting Employees
IRS990ScheduleR/TransactionsRelatedOrgsTable/NameOfOtherOrganization/BusinessNameLine13Reimbursement expenses
IRS990ScheduleR/TransactionsRelatedOrgsTable/TransactionType0D
IRS990ScheduleR/TransactionsRelatedOrgsTable/TransactionType1I
IRS990ScheduleR/TransactionsRelatedOrgsTable/TransactionType2N
IRS990ScheduleR/TransactionsRelatedOrgsTable/TransactionType3P
IRS990/School00
IRS990/SignificantChange00
IRS990/SignificantNewProgramServices00
IRS990/StateLegalDomicile0GA
IRS990/StatesWhereCopyOfReturnIsFiled0GA
IRS990/TaxablePartyNotification00
IRS990/TaxExemptBonds00
IRS990/TemporarilyRestrictedNetAssets/EOY05000
IRS990/Terminated00
IRS990/TermOrPermanentEndowments00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.63$0.39$4.24$3.38$3.85$0.47
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.15$0.44$4.71$5.12$3.98$1.14
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.94$0.37$3.57$4.61$3.73$0.88
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.08$1.39$2.69$4.68$4.20$0.48
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.18$1.99$2.19$5.65$4.15$1.50
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.44$1.75$0.69$3.31$3.27$0.05
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.49$1.84$0.64$2.81$3.23$0.42
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.34$1.28$1.06$3.21$3.11$0.10
2016Detailed filing. Detailed filing data is available for this year.$2.10$1.14$0.95$2.46$2.81$0.35
2015Detailed filing. Detailed filing data is available for this year.$1.50$0.20$1.31$2.70$2.75$0.05
2014Detailed filing. Detailed filing data is available for this year.$1.57$0.21$1.35$2.36$2.44$0.08
2013Summary only. Only limited summary data is available for this year.$1.63$0.20$1.43$2.29$2.52$0.23
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.89$0.27$1.63$2.62
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.13$0.15$1.98$2.64
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.55$0.21$1.34$2.67