Civic Intelligence

Bold Ventures

990 • Fiscal year 2022 • EIN 81-2059185

Jan 01, 2022 to Dec 31, 2022 • Filed on Aug 22, 2023

365 NE Greenwood Ave Ste 3Bend, OR 97701

(541) 728-3340

Siviq Scores

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

Liabilities / Assets

87th percentile

0.30x

Higher debt load relative to assets than 87% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

75th percentile

0.04x

Higher debt load relative to revenue than 75% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

19th percentile

-20%

Higher net margin than 19% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

8th percentile

-59%

Faster asset growth than 8% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

80th percentile

75%

Faster revenue growth than 80% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Down

$37,448

Down $53,194 (-59%) from 2021

Net Assets

Down

$26,355

Down $62,557 (-70%) from 2021

Liabilities

Up

$11,093

Up $9,363 (+541%) from 2021

Revenue

Up

$316,922

Up $136,170 (+75%) from 2021

Expenses

Up

$379,479

Up $247,987 (+189%) from 2021

Net Income

Down

-$62,557

Down $111,817 (-227%) from 2021

Historical Trend

Balance Sheet Trend

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

$100K$50K$0Assets 2016: $16,785Liabilities 2016: $2,115Net Assets 2016: $14,6702016Assets 2017: $6,747Liabilities 2017: $79Net Assets 2017: $6,6682017Assets 2018: $9,356Liabilities 2018: $741Net Assets 2018: $8,6152018Assets 2019: $19,610Liabilities 2019: $3,294Net Assets 2019: $16,3162019Assets 2020: $48,913Liabilities 2020: $9,265Net Assets 2020: $39,6482020Assets 2021: $90,642Liabilities 2021: $1,730Net Assets 2021: $88,9122021Assets 2022: $37,448Liabilities 2022: $11,093Net Assets 2022: $26,3552022Assets 2023: $60,263Liabilities 2023: $3,627Net Assets 2023: $56,6362023

Highlighted filing

2022

Assets$37,448
Liabilities$11,093
Net Assets$26,355

Operations Trend

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

$400K$200K$0-$200KRevenue 2016: $74,218Expenses 2016: $59,548Net Income 2016: $14,6702016Revenue 2017: $108,359Expenses 2017: $116,361Net Income 2017: -$8,0022017Revenue 2018: $107,996Expenses 2018: $106,049Net Income 2018: $1,9472018Revenue 2019: $170,500Expenses 2019: $162,363Net Income 2019: $8,1372019Revenue 2020: $152,222Expenses 2020: $128,890Net Income 2020: $23,3322020Revenue 2021: $180,752Expenses 2021: $131,492Net Income 2021: $49,2602021Revenue 2022: $316,922Expenses 2022: $379,479Net Income 2022: -$62,5572022Revenue 2023: $220,166Expenses 2023: $189,885Net Income 2023: $30,2812023

Highlighted filing

2022

Revenue$316,922
Expenses$379,479
Net Income-$62,557
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Aug 22, 2023
Return Version
2022v5.0
Gross Receipts
$316,922
Mission and Program Overview

Mission

To disciple the remainder of africa's unreached through the mobilization of christian missionaries for pioneer church planting.

We empower missionaries to multiply churches that form networks among africa's unreached

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$90,642$26,300▼ $64,342
Total Assets$90,642$37,448▼ $53,194
Other Assets Total-$11,148-
Liabilities
Accounts Payable and Accrued Expenses$1,731$11,093▲ $9,362
Total Liabilities$1,731$11,093▲ $9,362
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$88,911$26,355▼ $62,556
Total Net Assets Fund Balance$88,911$26,355▼ $62,556
Total Liabilities and Net Assets / Fund Balance$90,642$37,448▼ $53,194

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$11,148--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Brent EarwickerPresident
Jay SmithDirector
Leslie RhyneDirector
Daniel SchulzSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$316,922
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$316,922
Change in Net Assets
$-62,557
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$348,078
Salaries, Compensation, and Employee Benefits$31,401
Total Fundraising Expense$8,336
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$269,599--$269,599
Travel$58,093--$58,093
Other Salaries and Wages$21,584$4,832$4,228$30,644
Fees for Services Other$2,704$6,469-$9,173
Fees for Services Accounting-$6,028-$6,028
Office Expenses$104$574$4,108$4,786
Payroll Taxes$757--$757
Fees for Services Legal-$399-$399
Total Functional Expenses$352,841$18,302$8,336$379,479
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 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Bold Ventures
EIN
81-2059185
Phone
5417283340
Address
365 NE GREENWOOD AVE STE 3, BEND, OR 97701

Signing Officer

Name
Brent Earwicker
Title
President
Phone
5417283340
Signed
2023-08-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brent Earwicker
Voting Board Members
3
Independent Board Members
3
Employees
1

Preparer

Firm
Procfo
Address
550 NW FRANKLIN AVE STE 328, BEND, OR 97703
Preparer
James P Jans
Phone
5417280444
Supplemental Narrative

Additional Explanations

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

To disciple the remainder of africa's unreached through the mobilization of christian missionaries for pioneer church planting.

Raw XML Appendix272 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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