Civic Intelligence

New Ventures Enterprises Inc

EIN 81-0581180 • 501(c)3 • Lagrange, GA

Profile

To provide comprehensive educational, therapeutic and vocational evaluations, training, assistance, long-term employment, supported employment and job placement services for persons with disabilities and others who need rehabilitation and employment services, and to coordinate and implement the services of local agencies, department of vocational rehabilitation, and other agencies, appropriate facilities and services in securing educational therapeutic and vocational training for individuals requiring other training, therapy and job placement programs.

306 Fort DriveLagrange, GA 30240

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

55th percentile

0.09x

Higher debt load relative to assets than 55% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

67th percentile

0.21x

Higher debt load relative to revenue than 67% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

12th percentile

-26%

Higher net margin than 12% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

65th percentile

$95,369

Higher top officer pay than 65% of similar nonprofits.

Top officer pay equals 13.1% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

15th percentile

-12%

Faster asset growth than 15% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

6th percentile

-45%

Faster revenue growth than 6% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$1,609,665

Down $214,511 (-12%) from 2023

Liabilities

Down

$150,089

Down $21,928 (-13%) from 2023

Net Assets

Down

$1,459,576

Down $192,583 (-12%) from 2023

Revenue

Down

$727,486

Down $599,682 (-45%) from 2023

Expenses

Down

$920,069

Down $60,041 (-6.1%) from 2023

Net Income

Down

-$192,583

Down $539,641 (-155%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$2.0M$1.0M$0-$1.0MAssets 2015: $270,573Liabilities 2015: $436,951Net Assets 2015: -$166,3782015Assets 2016: $303,869Liabilities 2016: $498,811Net Assets 2016: -$194,9422016Assets 2017: $304,431Liabilities 2017: $315,932Net Assets 2017: -$11,5012017Assets 2018: $229,917Liabilities 2018: $242,621Net Assets 2018: -$12,7042018Assets 2019: $204,183Liabilities 2019: $273,819Net Assets 2019: -$69,6362019Assets 2020: $479,337Liabilities 2020: $321,015Net Assets 2020: $158,3222020Assets 2021: $1,166,171Liabilities 2021: $183,327Net Assets 2021: $982,8442021Assets 2022: $1,339,872Liabilities 2022: $34,771Net Assets 2022: $1,305,1012022Assets 2023: $1,824,176Liabilities 2023: $172,017Net Assets 2023: $1,652,1592023Assets 2024: $1,609,665Liabilities 2024: $150,089Net Assets 2024: $1,459,5762024

Highlighted filing

2024

Assets$1,609,665
Liabilities$150,089
Net Assets$1,459,576

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2015: $345,077Expenses 2015: $338,572Net Income 2015: $6,5052015Revenue 2016: $543,735Expenses 2016: $572,299Net Income 2016: -$28,5642016Revenue 2017: $982,049Expenses 2017: $798,608Net Income 2017: $183,4412017Revenue 2018: $681,497Expenses 2018: $658,229Net Income 2018: $23,2682018Revenue 2019: $463,179Expenses 2019: $520,111Net Income 2019: -$56,9322019Revenue 2020: $947,720Expenses 2020: $719,762Net Income 2020: $227,9582020Revenue 2021: $1,650,557Expenses 2021: $826,035Net Income 2021: $824,5222021Revenue 2022: $1,797,806Expenses 2022: $1,475,549Net Income 2022: $322,2572022Revenue 2023: $1,327,168Expenses 2023: $980,110Net Income 2023: $347,0582023Revenue 2024: $727,486Expenses 2024: $920,069Net Income 2024: -$192,5832024

Highlighted filing

2024

Revenue$727,486
Expenses$920,069
Net Income-$192,583

Filings

Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2019 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Mar 6, 2020
Return Version
2018v3.1
Gross Receipts
$463,179
Mission and Program Overview

Mission

Coordinate and implement the services of local agencies, department of vocational rehabilitation, and other agencies, appropriate facilities in securing educational therapeutic and vocational training for individuals requiring other training, therapy and job placement programs.

To provide comprehensive educational, therapeutic and vocational evaluations,supported employment and job placement services for persons with disabilities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$39,286$46,406▲ $7,120
Land, Buildings, and Equipment, Net$17,720$24,822▲ $7,102
Savings and Temporary Cash Investments$68,007$24,401▼ $43,606
Prepaid Expenses and Deferred Charges$1,668$5,159▲ $3,491
Inventories for Sale or Use$1,904$1,904→ $0
Total Assets$229,917$204,183▼ $25,734
Other Assets Total$101,332$101,491▲ $159
Liabilities
Other Liabilities$230,966$219,139▼ $11,827
Accounts Payable and Accrued Expenses$11,655$43,853▲ $32,198
Mortgage Notes Payable Secured by Investment Property-$10,827-
Total Liabilities$242,621$273,819▲ $31,198
Net Assets / Fund Balance
Temporarily Rstr Net Assets$101,332$101,491▲ $159
Unrestricted Net Assets$-114,036$-171,127▼ $57,091
Total Net Assets Fund Balance$-12,704$-69,636▼ $56,932
Total Liabilities and Net Assets / Fund Balance$229,917$204,183▼ $25,734

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$22,138$8,181$30,319
Other Land Buildings$2,684$4,316$7,000
Other Assets Org$101,491--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Patrick CrewsBoard Chair
Kathy FrenchDirector
Tim AndersonDirector
Alex DixonSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$462,846
Investment Income
$333
Other Revenue
$0
Change in Net Assets
$-56,932
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$266,984
Other Expenses$253,127
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$229,509--$229,509
All Other Expenses$42,156$2,863-$45,019
Other Expenses$28,854--$28,854
Other Employee Benefits$19,840--$19,840
Travel$17,541$251-$17,792
Payroll Taxes$17,635--$17,635
Insurance$15,071$1,933-$17,004
Fees for Services Accounting-$8,500-$8,500
Depreciation Depletion-$4,374-$4,374
Fees for Services Other$2,836$8-$2,844
Occupancy$1,500--$1,500
Information Technology-$968-$968
Interest-$945-$945
Office Expenses$12$165-$177
Total Functional Expenses$500,104$20,007$0$520,111
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to New Ventures, Inc.$219,139
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
Yes
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, Part VI, Section A, Line 8A

The board of directors are executives local to the area, the ceo conducts phone calls with each individual board member as the need arises. If there is a vote required, on any business transtaction, an e-mail is sent to all directors who are required to respond and the decision is made based on the majority vote.

Form 990, Part VI, Section A, Line 8B

Due to the size of the board, no specific committee has been established.

Form 990, Part VI, Section B, Line 11B

A copy of the 990 is provided to the board of directors for review and comments.

Form 990, Part VI, Section C, Line 19

Documents are made available upon request, also form 990 is available on guidestar.

Filing and Contact Details

Filer

Filer Name
New Ventures Enterprises Inc
EIN
81-0581180
Phone
7068827723
Address
306 FORT DRIVE, LAGRANGE, GA 30240

Signing Officer

Name
Mike Wilson
Title
CEO
Phone
7068827723
Signed
2020-03-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mike Wilson
Formed
2002
Legal Domicile
Ga
Voting Board Members
4
Independent Board Members
4
Employees
12
Volunteers
0

Preparer

Firm
J K Boatwright & Co P C
Address
P O BOX 1107, LAGRANGE, GA 30241
Preparer
Barry Smith
Phone
7068844605
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The organization is a tax-exempt organization under section 501(c)(3) of the u. S. Internal revenue code and applicable state statues and generally is not subject to income taxes. Accordingly, no provision of federal or state taxes has been made. However, any unrelated business income may be subject to taxation. The organization follows the provisions of accounting for uncertainty in income taxes. The organization is not aware of any activities that would jeopardize its tax-exempt status. However, should that status be challenged in the future, federal and state tax returns are subject to examinations by the taxing authorities, generally for a period of three years after the returns are filed.

Raw XML AppendixShowing 400 of 437 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.

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IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0462846
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0680566
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0982451
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0543175
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0344018
IRS990ScheduleA/Total509Grp/TotalAmt03013056
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0463179
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0681497
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0983152
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0543735
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0345077
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03016640
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt022138
IRS990ScheduleD/EquipmentGrp/DepreciationAmt08181
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt030319
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0101491
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0SYNOVUS BANK - RESTRICTED CERTIFICATE OF DEPOSIT
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt02684
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt04316
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt07000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0219139
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO NEW VENTURES, INC.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE U. S. INTERNAL REVENUE CODE AND APPLICABLE STATE STATUES AND GENERALLY IS NOT SUBJECT TO INCOME TAXES. ACCORDINGLY, NO PROVISION OF FEDERAL OR STATE TAXES HAS BEEN MADE. HOWEVER, ANY UNRELATED BUSINESS INCOME MAY BE SUBJECT TO TAXATION. THE ORGANIZATION FOLLOWS THE PROVISIONS OF ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE ORGANIZATION IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUS. HOWEVER, SHOULD THAT STATUS BE CHALLENGED IN THE FUTURE, FEDERAL AND STATE TAX RETURNS ARE SUBJECT TO EXAMINATIONS BY THE TAXING AUTHORITIES, GENERALLY FOR A PERIOD OF THREE YEARS AFTER THE RETURNS ARE FILED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt024822
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0101491
IRS990ScheduleD/TotalLiabilityAmt0219139
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD OF DIRECTORS ARE EXECUTIVES LOCAL TO THE AREA, THE CEO CONDUCTS PHONE CALLS WITH EACH INDIVIDUAL BOARD MEMBER AS THE NEED ARISES. IF THERE IS A VOTE REQUIRED, ON ANY BUSINESS TRANSTACTION, AN E-MAIL IS SENT TO ALL DIRECTORS WHO ARE REQUIRED TO RESPOND AND THE DECISION IS MADE BASED ON THE MAJORITY VOTE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DUE TO THE SIZE OF THE BOARD, NO SPECIFIC COMMITTEE HAS BEEN ESTABLISHED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A COPY OF THE 990 IS PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW AND COMMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DOCUMENTS ARE MADE AVAILABLE UPON REQUEST, ALSO FORM 990 IS AVAILABLE ON GUIDESTAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0NEW VENTURES INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0581124234
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0GA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0PROVIDE EDUCATION AND VOCATIONAL TRAINING FOR PEOPLE WITH DISABILITIES.
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0306 FORT DRIVE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0LAGRRANGE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0GA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd030240
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd01
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd01
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt03276
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt1372
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt251804
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0SIGNED AGREEMENT
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1ACTUAL INVOICE COST
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt2SIGNED AGREEMENT
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0NEW VENTURES INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1NEW VENTURES INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt2NEW VENTURES INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0K
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1P
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt2O
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0GA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0101332
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0101491
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0229917
IRS990/TotalAssetsEOYAmt0204183
IRS990/TotalAssetsGrp/BOYAmt0229917
IRS990/TotalAssetsGrp/EOYAmt0204183
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt012
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt020007
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0500104
IRS990/TotalFunctionalExpensesGrp/TotalAmt0520111
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0242621
IRS990/TotalLiabilitiesEOYAmt0273819
IRS990/TotalLiabilitiesGrp/BOYAmt0242621
IRS990/TotalLiabilitiesGrp/EOYAmt0273819
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-12704
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-69636
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0500104
IRS990/TotalProgramServiceRevenueAmt0462846
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0333
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0462846
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0463179
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0229917
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0204183
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt0251
IRS990/TravelGrp/ProgramServicesAmt017541
IRS990/TravelGrp/TotalAmt017792
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-114036
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-171127
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0306 FORT DRIVE
IRS990/USAddress/CityNm0LAGRANGE
IRS990/USAddress/StateAbbreviationCd0GA
IRS990/USAddress/ZIPCd030240
IRS990/VotingMembersGoverningBodyCnt04

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