Civic Intelligence

New Learning Ventures Inc

EIN 81-3455705 • 501(c)3 • Phoenix, AZ

View Organization Page

Profile

New learning ventures, inc. Is rethinking learning and fostering innovation to positively impact the future of our state. We envision a thriving arizona with a talented and competitive workforce and healthy communities generated from highly effective and meaningful learning opportunities for children. Nlv's ventures include acton academy phoenix and phoenix modern.

200 E Mitchell DrivePhoenix, AZ 85012

newlearningventures.org

Siviq Scores

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

Liabilities / Assets

99th percentile

2.40x

Higher debt load relative to assets than 99% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

80th percentile

0.48x

Higher debt load relative to revenue than 80% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

50th percentile

4.2%

Higher net margin than 50% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

98th percentile

$81,763

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 43.0% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

81st percentile

24%

Faster asset growth than 81% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

90th percentile

76%

Faster revenue growth than 90% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets99th percentile

Assets

Down

$4,475,742

Down $288,414 (-6.1%) from 2023

Liabilities

Down

$5,329,809

Down $1,565 (-0.0%) from 2023

Net Assets

Down

-$854,067

Down $286,849 (-51%) from 2023

Operations
Liabilities / Revenue80th percentileNet Margin50th percentile

Revenue

Down

$1,826,211

Down $8,082 (-0.4%) from 2023

Expenses

Up

$2,113,060

Up $387,895 (+22%) from 2023

Net Income

Down

-$286,849

Down $395,977 (-363%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth81st percentile

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

$6.0M$4.0M$2.0M$0-$2.0MAssets 2017: $8,317Liabilities 2017: $183,858Net Assets 2017: -$175,5412017Assets 2018: $20,238Liabilities 2018: $265,229Net Assets 2018: -$244,9912018Assets 2019: $198,802Liabilities 2019: $447,784Net Assets 2019: -$248,9822019Assets 2020: $270,073Liabilities 2020: $811,367Net Assets 2020: -$541,2942020Assets 2021: $335,771Liabilities 2021: $806,855Net Assets 2021: -$471,0842021Assets 2022: $194,647Liabilities 2022: $870,993Net Assets 2022: -$676,3462022Assets 2023: $4,764,156Liabilities 2023: $5,331,374Net Assets 2023: -$567,2182023Assets 2024: $4,475,742Liabilities 2024: $5,329,809Net Assets 2024: -$854,0672024

Highlighted filing

2024

Assets$4,475,742
Liabilities$5,329,809
Net Assets-$854,067
Open 2024 Filing

Operations Trend

Revenue Growth90th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2017: $68,566Expenses 2017: $244,107Net Income 2017: -$175,5412017Revenue 2018: $190,046Expenses 2018: $259,496Net Income 2018: -$69,4502018Revenue 2019: $485,721Expenses 2019: $489,713Net Income 2019: -$3,9922019Revenue 2020: $954,914Expenses 2020: $1,383,769Net Income 2020: -$428,8552020Revenue 2021: $1,682,550Expenses 2021: $1,612,340Net Income 2021: $70,2102021Revenue 2022: $1,488,469Expenses 2022: $1,693,731Net Income 2022: -$205,2622022Revenue 2023: $1,834,293Expenses 2023: $1,725,165Net Income 2023: $109,1282023Revenue 2024: $1,826,211Expenses 2024: $2,113,060Net Income 2024: -$286,8492024

Highlighted filing

2024

Revenue$1,826,211
Expenses$2,113,060
Net Income-$286,849
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,475,742
Liabilities
$5,329,809
Net assets
-$854,067
Revenue
$1,826,211
Expenses
$2,113,060
Net income
-$286,849
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.48$5.33$0.85$1.83$2.11$0.29
2023Detailed filing. Detailed filing data is available for this year.$4.76$5.33$0.57$1.83$1.73$0.11
2022Detailed filing. Detailed filing data is available for this year.$0.19$0.87$0.68$1.49$1.69$0.21
2021Detailed filing. Detailed filing data is available for this year.$0.34$0.81$0.47$1.68$1.61$0.07
2020Detailed filing. Detailed filing data is available for this year.$0.27$0.81$0.54$0.95$1.38$0.43
2019Detailed filing. Detailed filing data is available for this year.$0.20$0.45$0.25$0.49$0.49$0.00
2018Detailed filing. Detailed filing data is available for this year.$0.02$0.27$0.24$0.19$0.26$0.07
2017Detailed filing. Detailed filing data is available for this year.$0.01$0.18$0.18$0.07$0.24$0.18
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 8, 2025
Return Version
2023v6.0
Gross Receipts
$1,826,211
Mission and Program Overview

Mission

New learning ventures, inc. Is rethinking learning and fostering innovation to positively impact the future of our state. We envision a thriving arizona with a talented and competitive workforce and healthy communities generated from highly effective and meaningful learning opportunities for children. Nlv's ventures include acton academy phoenix and phoenix modern.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,690,814$4,056,785▲ $365,971
Savings and Temporary Cash Investments-$220,230-
Receivables From Officers Etc-$100,000-
Cash and Non-Interest-Bearing Accounts$1,050,811$49,283▼ $1,001,528
Accounts Receivable$20,611$47,524▲ $26,913
Total Assets$4,764,156$4,475,742▼ $288,414
Other Assets Total$1,920$1,920→ $0
Liabilities
Tax Exempt Bond Liabilities$4,951,365$5,006,812▲ $55,447
Accounts Payable and Accrued Expenses$280,009$322,997▲ $42,988
Unsecured Notes Loans Payable$100,000--
Total Liabilities$5,331,374$5,329,809▼ $1,565
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-567,218$-854,067▼ $286,849
Total Net Assets Fund Balance$-567,218$-854,067▼ $286,849
Total Liabilities and Net Assets / Fund Balance$4,764,156$4,475,742▼ $288,414

Asset Categories

AssetBook ValueDepreciationBasis
Land$2,387,212-$2,387,212
Buildings$1,668,753$12,064$1,680,817
Equipment$820$13,957$14,777
Compensation and Service Providers
Top Officer Pay98th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Andrew CollinsPresident/seFT$120,075$18,558$138,633

Board Members and Trustees

NameTitle
Steven WheelerMember
Tyler JohnsonMember
James Aaron KlusmanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,444,225
Program Service Revenue
$381,986
Investment Income
$0
Other Revenue
$0
All Other Contributions
$100,000
Change in Net Assets
$-286,849
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,139,396
Other Expenses$973,664
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$644,814$206,439-$851,253
Interest$309,466$54,612-$364,078
Fees for Services Other$180,304$56,310-$236,614
Occupancy$146,254$13,670-$159,924
Office Expenses$116,477$13,411-$129,888
Current Officers, Directors, Trustees, and Key Employees$60,037$60,037-$120,074
Other Employee Benefits$79,961$13,802-$93,763
Payroll Taxes$53,921$20,385-$74,306
Fees for Services Accounting-$30,723-$30,723
Fees for Services Legal-$14,923-$14,923
Advertising$12,534--$12,534
Insurance-$12,139-$12,139
Depreciation Depletion$7,532$1,329-$8,861
Travel$3,980--$3,980
Total Functional Expenses$1,615,280$497,780$0$2,113,060
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-DirectorLeasing of FacilityNo$24,400

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Officers, Directors, Trustees, and Key Employees-$100,000-
Debt and Bond Financing

Bond Issues

BondIssuerIssuedIssue PricePurpose
AIda Revenue Bonds Series 2022ab2022-07-26$4,820,000BUILDING PURCHASE

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$5,455,000--$389,690

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
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

“The organization's form 990 is prepared by an independent accountant and reviewed by the organization's president prior to filing. A copy is emailed to the board of directors.”

Form 990, Page 6, Part VI, Line 12C

“Board members complete and update conflict of interest statement each year.”

Form 990, Page 6, Part VI, Line 15A

“The organization relies on the the governing boards evaluation of the director's performance each year and decides on compensation that is comparable in the charter school community.”

Form 990, Page 6, Part VI, Line 19

“The organization's governing documents and financial records are made available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
New Learning Ventures Inc
EIN
81-3455705
Phone
6027409271
Address
200 E MITCHELL DRIVE, PHOENIX, AZ 85012

Signing Officer

Name
Andrew Collins
Title
President/secretary
Phone
6027409271
Signed
2025-05-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Andrew Collins
Formed
2016
Legal Domicile
Az
Voting Board Members
4
Independent Board Members
3
Employees
18

Preparer

Firm
Aspire Business Consultants
Address
17505 N 79TH AVE STE 405, GLENDALE, AZ 85308
Preparer
Heather Jones
Phone
6028812483
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“New learning ventures, inc. Is rethinking learning and fostering innovation to positively impact the future of our state. We envision a thriving arizona with a talented and competitive workforce and healthy communities generated from highly effective and meaningful learning opportunities for children. Nlv's ventures include acton academy phoenix and phoenix modern.”

Form 990, Part IX, Line 11G

“Other fees 180,304 56,310 0”

Raw XML AppendixShowing 400 of 417 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.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0280009
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0322997
IRS990/AccountsReceivableGrp/BOYAmt020611
IRS990/AccountsReceivableGrp/EOYAmt047524
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0NEW LEARNING VENTURES, INC. IS RETHINKING LEARNING AND FOSTERING INNOVATION TO POSITIVELY IMPACT THE FUTURE OF OUR STATE. WE ENVISION A THRIVING ARIZONA WITH A TALENTED AND COMPETITIVE WORKFORCE AND HEALTHY COMMUNITIES GENERATED FROM HIGHLY EFFECTIVE AND MEANINGFUL LEARNING OPPORTUNITIES FOR CHILDREN. NLV'S VENTURES INCLUDE ACTON ACADEMY PHOENIX AND PHOENIX MODERN.
IRS990/AdvertisingGrp/ProgramServicesAmt012534
IRS990/AdvertisingGrp/TotalAmt012534
IRS990/AllOtherContributionsAmt0100000
IRS990/AnnualDisclosureCoveredPrsnInd0false
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0NEW LEARNING VENTURES INC
IRS990/BooksInCareOfDetail/PhoneNum06027409271
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0200 E MITCHELL DRIVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0PHOENIX
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0AZ
IRS990/BooksInCareOfDetail/USAddress/ZIPCd085012
IRS990/BusinessRlnWith35CtrlEntInd0true
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt01050811
IRS990/CashNonInterestBearingGrp/EOYAmt049283
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt060037
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt060037
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0120074
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01444225
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0973664
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0381986
IRS990/CYRevenuesLessExpensesAmt0-286849
IRS990/CYSalariesCompEmpBnftPaidAmt01139396
IRS990/CYTotalExpensesAmt02113060
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01826211
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt01329
IRS990/DepreciationDepletionGrp/ProgramServicesAmt07532
IRS990/DepreciationDepletionGrp/TotalAmt08861
IRS990/Desc0ACTON ACADEMY PHOENIX IS AN INDEPENDENT SMALL SCHOOL WHOSE MISSION IS TO INSPIRE EACH PERSON WHO ENTERS OUR DOORS TO FIND A CALLING THAT WILL CHANGE THE WORLD.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0true
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt018
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/ExpenseAmt0228447
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt030723
IRS990/FeesForServicesAccountingGrp/TotalAmt030723
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt014923
IRS990/FeesForServicesLegalGrp/TotalAmt014923
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt056310
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0180304
IRS990/FeesForServicesOtherGrp/TotalAmt0236614
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt018558
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/PersonNm0ANDREW COLLINS
IRS990/Form990PartVIISectionAGrp/PersonNm1TYLER JOHNSON
IRS990/Form990PartVIISectionAGrp/PersonNm2JAMES AARON KLUSMAN
IRS990/Form990PartVIISectionAGrp/PersonNm3STEVEN WHEELER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0120075
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT/SE
IRS990/Form990PartVIISectionAGrp/TitleTxt1MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3MEMBER
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02016
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt04
IRS990/GovernmentGrantsAmt01344225
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt01826211
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt03
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt012139
IRS990/InsuranceGrp/TotalAmt012139
IRS990/InterestGrp/ManagementAndGeneralAmt054612
IRS990/InterestGrp/ProgramServicesAmt0309466
IRS990/InterestGrp/TotalAmt0364078
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt07
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt026021
IRS990/LandBldgEquipBasisNetGrp/BOYAmt03690814
IRS990/LandBldgEquipBasisNetGrp/EOYAmt04056785
IRS990/LandBldgEquipCostOrOtherBssAmt04082806
IRS990/LegalDomicileStateCd0AZ
IRS990/LoanOutstandingInd0true
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0NEW LEARNING VENTURES, INC. IS RETHINKING LEARNING AND FOSTERING INNOVATION TO POSITIVELY IMPACT THE FUTURE OF OUR STATE. WE ENVISION A THRIVING ARIZONA WITH A TALENTED AND COMPETITIVE WORKFORCE AND HEALTHY COMMUNITIES GENERATED FROM HIGHLY EFFECTIVE AND MEANINGFUL LEARNING OPPORTUNITIES FOR CHILDREN. NLV'S VENTURES INCLUDE ACTON ACADEMY PHOENIX AND PHOENIX MODERN.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0-567218
IRS990/NetAssetsOrFundBalancesEOYAmt0-854067
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-567218
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-854067
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt013670
IRS990/OccupancyGrp/ProgramServicesAmt0146254
IRS990/OccupancyGrp/TotalAmt0159924
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt013411
IRS990/OfficeExpensesGrp/ProgramServicesAmt0116477
IRS990/OfficeExpensesGrp/TotalAmt0129888
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01920
IRS990/OtherAssetsTotalGrp/EOYAmt01920
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt013802
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt079961
IRS990/OtherEmployeeBenefitsGrp/TotalAmt093763
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0206439
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0644814
IRS990/OtherSalariesAndWagesGrp/TotalAmt0851253
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt020385
IRS990/PayrollTaxesGrp/ProgramServicesAmt053921
IRS990/PayrollTaxesGrp/TotalAmt074306
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0ANDREW COLLINS
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/Desc0TUITION
IRS990/ProgramServiceRevenueGrp/Desc1SCHOOL ACTIVITIES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0256416
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1125570
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0256416
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1125570
IRS990/ProgSrvcAccomActy2Grp/Desc0PHOENIX MODERN IS A FREE, PUBLIC SCHOOL WHERE CHILDREN EXPLORE, CREATE, AND PREPARE FOR A LIFE FULL OF POSSIBILITY. IT IS A COMMUNITY OF LEARNERS DRIVEN BY AN INNATE SENSE OF WONDER, WHERE CHILDREN EXPERIENCE JOY AND LOVING RELATIONSHIPS, AND THE LEARNING APPROACH IS DESIGNED TO SUPPORT A LIFETIME OF GROWTH.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt01386833
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0125570
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01529552
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt044028
IRS990/PYOtherExpensesAmt0756681
IRS990/PYProgramServiceRevenueAmt0260713
IRS990/PYRevenuesLessExpensesAmt0109128
IRS990/PYSalariesCompEmpBnftPaidAmt0968484
IRS990/PYTotalExpensesAmt01725165
IRS990/PYTotalRevenueAmt01834293
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt0100000
IRS990/ReconcilationRevenueExpnssAmt0-286849
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0256416
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0220230
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt01668753
IRS990ScheduleD/BuildingsGrp/DepreciationAmt012064
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01680817
IRS990ScheduleD/EquipmentGrp/BookValueAmt0820
IRS990ScheduleD/EquipmentGrp/DepreciationAmt013957
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt014777
IRS990ScheduleD/LandGrp/BookValueAmt02387212
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt02387212
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04056785
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0true
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL'S NONDISCRIMINATORY POLICY IS INCLUDED ON THE WEBSITE AND OTHER SCHOOL MATERIALS.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE SCHOOL RECEIVES REVENUE FROM THE FEDERAL AND STATE GOVERNMENTS FOR THE EDUCATIONAL PROGRAMS BASED ON ENROLLMENT IN THE ORGANIZATION.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, LINE 6
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd0false
IRS990ScheduleK/SupplementalInformationDetail/ExplanationTxt0IDA REVENUE BONDS SERIES 2022AB BUILDING PURCHASE
IRS990ScheduleK/SupplementalInformationDetail/FormAndLineReferenceDesc0PURPOSE OF ISSUE DESCRIPTION
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02022-07-26
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN0813455705
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum056681NHA8
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt04820000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt0IDA REVENUE BONDS SERIES 2022AB
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc0BUILDING PURCHASE
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ChangeInUseBondFinancedPropInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/MgmtContractBondFincdPropInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/OwningBondFinancedPropertyInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ProcsNonqualifiedBondRemdtdInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdequateBooksAndRecMaintInd0true
IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CapitalExpendituresAmt04493734
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CapitalizedInterestAmt0400949
IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd0true
IRS990ScheduleK/TaxExemptBondsProceedsGrp/IssuanceCostsFromProceedsAmt0389690
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingTaxableBondsInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingTaxExemptBondsInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/SubstantialCompletionYr02022
IRS990ScheduleK/TaxExemptBondsProceedsGrp/TotalProceedsAmt05455000
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0REDEMPTION CHURCH
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0DIRECTOR
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt024400
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0LEASING OF FACILITY
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt0100000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0DONATION RECEIVABLE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt0100000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0PROMISE RECEIVABLE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0DIRECTOR
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0ACTON ACADEMY LEASES THE FACILITY FROM REDEMPTION CHURCH, WHERE TYLER JOHNSON WAS A SENIOR LEADER UNTIL AUGUST 2023 AND STEVE WHEELER IS A VOLUNTEER ELDER AT THE REDEMPTION CHURCH ARCADIA.
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE L, PART V
IRS990ScheduleL/TotalBalanceDueAmt0100000
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NEW LEARNING VENTURES, INC. IS RETHINKING LEARNING AND FOSTERING INNOVATION TO POSITIVELY IMPACT THE FUTURE OF OUR STATE. WE ENVISION A THRIVING ARIZONA WITH A TALENTED AND COMPETITIVE WORKFORCE AND HEALTHY COMMUNITIES GENERATED FROM HIGHLY EFFECTIVE AND MEANINGFUL LEARNING OPPORTUNITIES FOR CHILDREN. NLV'S VENTURES INCLUDE ACTON ACADEMY PHOENIX AND PHOENIX MODERN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION'S FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTANT AND REVIEWED BY THE ORGANIZATION'S PRESIDENT PRIOR TO FILING. A COPY IS EMAILED TO THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD MEMBERS COMPLETE AND UPDATE CONFLICT OF INTEREST STATEMENT EACH YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION RELIES ON THE THE GOVERNING BOARDS EVALUATION OF THE DIRECTOR'S PERFORMANCE EACH YEAR AND DECIDES ON COMPENSATION THAT IS COMPARABLE IN THE CHARTER SCHOOL COMMUNITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION'S GOVERNING DOCUMENTS AND FINANCIAL RECORDS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5OTHER FEES 180,304 56,310 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 11G
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt0NEW LEARNI
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0ACTON ACADEMY ARCADIA LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN0352568616
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt029714
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0AZ
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt0PRIVATE SC
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt0258457
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt03330 EAST CAMELBACK
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm0PHOENIX
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd0AZ
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd085018
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0AZ
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondLiabilitiesGrp/BOYAmt04951365
IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt05006812
IRS990/TaxExemptBondsInd0true
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt04764156
IRS990/TotalAssetsEOYAmt04475742
IRS990/TotalAssetsGrp/BOYAmt04764156
IRS990/TotalAssetsGrp/EOYAmt04475742
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt01444225
IRS990/TotalEmployeeCnt018
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0497780
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01615280
IRS990/TotalFunctionalExpensesGrp/TotalAmt02113060
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt05331374
IRS990/TotalLiabilitiesEOYAmt05329809
IRS990/TotalLiabilitiesGrp/BOYAmt05331374
IRS990/TotalLiabilitiesGrp/EOYAmt05329809
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-567218
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-854067
IRS990/TotalOtherCompensationAmt018558
IRS990/TotalProgramServiceExpensesAmt01615280
IRS990/TotalProgramServiceRevenueAmt0381986
IRS990/TotalReportableCompFromOrgAmt0120075
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0381986
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01826211
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt04764156
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt04475742
IRS990/TravelGrp/ProgramServicesAmt03980
IRS990/TravelGrp/TotalAmt03980
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt0100000
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0200 E MITCHELL DRIVE
IRS990/USAddress/CityNm0PHOENIX
IRS990/USAddress/StateAbbreviationCd0AZ
IRS990/USAddress/ZIPCd085012
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0NEWLEARNINGVENTURES.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ANDREW COLLINS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT/SECRETARY
ReturnHeader/BusinessOfficerGrp/PhoneNum06027409271
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NEW LEARNING VENTURES INC
ReturnHeader/Filer/BusinessNameControlTxt0NEWL
ReturnHeader/Filer/EIN0813455705
ReturnHeader/Filer/PhoneNum06027409271
ReturnHeader/Filer/USAddress/AddressLine1Txt0200 E MITCHELL DRIVE
ReturnHeader/Filer/USAddress/CityNm0PHOENIX

Document Assets

No mirrored PDF or thumbnail assets are attached yet.