Liabilities / Assets
99th percentile
Higher debt load relative to assets than 99% of similar nonprofits.
990EZ • Fiscal year 2017 • EIN 81-3455705
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
99th percentile
Higher debt load relative to assets than 99% of similar nonprofits.
Liabilities / Revenue
98th percentile
Higher debt load relative to revenue than 98% of similar nonprofits.
Net Margin
2nd percentile
Higher net margin than 2% of similar nonprofits.
Top Officer Pay
83rd percentile
Higher top officer pay than 83% of similar nonprofits.
Top officer pay equals 26.4% of source-year revenue.
Asset Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Revenue Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Assets
$8,317
No earlier filing loaded for comparison.
Net Assets
-$175,541
No earlier filing loaded for comparison.
Liabilities
$183,858
No earlier filing loaded for comparison.
Revenue
$68,566
No earlier filing loaded for comparison.
Expenses
$244,107
No earlier filing loaded for comparison.
Net Income
-$175,541
No earlier filing loaded for comparison.
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.
New learning ventures is a nonprofit that supports visionary educators who are rethinking learning and fostering innovation to positively impact the educational and economic future of our state. We envision a thriving arizona economy with a talented and competitive workforce generated from highly effective and meaningful learning opportunities for children.
| Description | Grants | Expenses |
|---|---|---|
| ACTON ACADEMY IS A PRIVATE SCHOOL THAT IS FOCUSED ON LEARNING FOR THE 21ST CENTURY WITH A HANDS ON APPROACH. IT IS A LEARNER DRIVEN COMMUNITY THAT INSPIRES STUDENTS TO FIND A CALLING THAT WILL CHANGE THE WORLD. THE SCHOOL INTENDS TO CHALLENGE CURRENT MODELS OF EDUCATION IN AN ATTEMPT TO CREATE THE BEST LEARNING APPROACHES FOR A DIVERSE POPULATION OF CHILDREN BY INCORPORATING THE LATEST RESEARCH AND UNDERSTANDING FOR HOW CHILDREN LEARN BEST. | - | $151,679 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| ANDREW COLLINS | President/Se | FT | $17,131 | $1,000 | $18,131 |
| JAMES AARON KLUSMAN | Treasurer | - | $0 | - | - |
| TYLER JOHNSON | Director | - | $0 | - | - |
| JACK DEBARTOLO III | Director | - | $0 | - | - |
| STEVEN WHEELER | Director | - | $0 | - | - |
“Expenses advertising 962 office expenses 36,845 travel 2,658 insurance 11,519 non-investment depreciation 1,240 total 53,224”
“Accounts receivable 0 50 prepaid expenses and deferred charges 0 100 leasehold improvements 0 6,200 less accumulated depreciation 0 1,240 total 0 5,110”
“Accounts payable and accrued expenses 0 8,943 loans from officers 0 174,915”
“New learning ventures is a nonprofit that supports visionary educators who are rethinking learning and fostering innovation to positively impact the educational and economic future of our state. We envision a thriving arizona economy with a talented and competitive workforce generated from highly effective and meaningful learning opportunities for children.”
“Acton academy is a private school that is focused on learning for the 21st century with a hands on approach. It is a learner driven community that inspires students to find a calling that will change the world. The school intends to challenge current models of education in an attempt to create the best learning approaches for a diverse population of children by incorporating the latest research and understanding for how children learn best.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | NEW LEARNING VENTURE |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 6027409271 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 2701 E CAMELBACK RD SUITE 180 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | PHOENIX |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | AZ |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 85018 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 3207 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -175541 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 20640 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 8317 |
| IRS990EZ/GrossReceiptsAmt | 0 | 68566 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InitialReturnInd | 0 | X |
| IRS990EZ/LoansToFromOfficersAmt | 0 | 174915 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | true |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | -175541 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 0 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | -175541 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 15400 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 40.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 17131 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 1000 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | JAMES AARON KLUSMAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | ANDREW COLLINS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | TYLER JOHNSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | JACK DEBARTOLO III |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | STEVEN WHEELER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | PRESIDENT/SE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 5110 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 53224 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | NEW LEARNING VENTURES IS A NONPROFIT THAT SUPPORTS VISIONARY EDUCATORS WHO ARE RETHINKING LEARNING AND FOSTERING INNOVATION TO POSITIVELY IMPACT THE EDUCATIONAL AND ECONOMIC FUTURE OF OUR STATE. WE ENVISION A THRIVING ARIZONA ECONOMY WITH A TALENTED AND COMPETITIVE WORKFORCE GENERATED FROM HIGHLY EFFECTIVE AND MEANINGFUL LEARNING OPPORTUNITIES FOR CHILDREN. |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 68566 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | ACTON ACADEMY IS A PRIVATE SCHOOL THAT IS FOCUSED ON LEARNING FOR THE 21ST CENTURY WITH A HANDS ON APPROACH. IT IS A LEARNER DRIVEN COMMUNITY THAT INSPIRES STUDENTS TO FIND A CALLING THAT WILL CHANGE THE WORLD. THE SCHOOL INTENDS TO CHALLENGE CURRENT MODELS OF EDUCATION IN AN ATTEMPT TO CREATE THE BEST LEARNING APPROACHES FOR A DIVERSE POPULATION OF CHILDREN BY INCORPORATING THE LATEST RESEARCH AND UNDERSTANDING FOR HOW CHILDREN LEARN BEST. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 151679 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 154843 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 183858 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 244107 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 151679 |
| IRS990EZ/TotalRevenueAmt | 0 | 68566 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.NEWLEARNINGVENTURES.ORG |
| IRS990ScheduleA/SchoolInd | 0 | X |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt | 0 | 174915 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd | 0 | true |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd | 0 | false |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt | 0 | CASHFLOW LOAN |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd | 0 | X |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm | 0 | JAMES AARON KLUSMAN |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt | 0 | DIRECTOR |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd | 0 | true |
| IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt | 0 | THIS IS THE FIRST YEAR IN OPERATION FOR THE SCHOOL AND OPERATIONS WERE FUNDED THROUGH A PROMISSORY NOTE PROVIDED BY A DIRECTOR OF THE ORGANIZATION. |
| IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE L, PART V |
| IRS990ScheduleL/TotalBalanceDueAmt | 0 | 174915 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES ADVERTISING 962 OFFICE EXPENSES 36,845 TRAVEL 2,658 INSURANCE 11,519 NON-INVESTMENT DEPRECIATION 1,240 TOTAL 53,224 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | ACCOUNTS RECEIVABLE 0 50 PREPAID EXPENSES AND DEFERRED CHARGES 0 100 LEASEHOLD IMPROVEMENTS 0 6,200 LESS ACCUMULATED DEPRECIATION 0 1,240 TOTAL 0 5,110 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | ACCOUNTS PAYABLE AND ACCRUED EXPENSES 0 8,943 LOANS FROM OFFICERS 0 174,915 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | NEW LEARNING VENTURES IS A NONPROFIT THAT SUPPORTS VISIONARY EDUCATORS WHO ARE RETHINKING LEARNING AND FOSTERING INNOVATION TO POSITIVELY IMPACT THE EDUCATIONAL AND ECONOMIC FUTURE OF OUR STATE. WE ENVISION A THRIVING ARIZONA ECONOMY WITH A TALENTED AND COMPETITIVE WORKFORCE GENERATED FROM HIGHLY EFFECTIVE AND MEANINGFUL LEARNING OPPORTUNITIES FOR CHILDREN. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | ACTON ACADEMY IS A PRIVATE SCHOOL THAT IS FOCUSED ON LEARNING FOR THE 21ST CENTURY WITH A HANDS ON APPROACH. IT IS A LEARNER DRIVEN COMMUNITY THAT INSPIRES STUDENTS TO FIND A CALLING THAT WILL CHANGE THE WORLD. THE SCHOOL INTENDS TO CHALLENGE CURRENT MODELS OF EDUCATION IN AN ATTEMPT TO CREATE THE BEST LEARNING APPROACHES FOR A DIVERSE POPULATION OF CHILDREN BY INCORPORATING THE LATEST RESEARCH AND UNDERSTANDING FOR HOW CHILDREN LEARN BEST. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART III |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART III, LINE 28 |
| ReturnHeader/BuildTS | 0 | 2018-06-14 16:35:46Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | ANDREW COLLINS |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT/SECRETARY |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 6027409271 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2018-05-15 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | NEW LEARNING VENTURES INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | NEWL |
| ReturnHeader/Filer/EIN | 0 | 813455705 |
| ReturnHeader/Filer/PhoneNum | 0 | 6027409271 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 2701 E CAMELBACK RD SUITE 180 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | PHOENIX |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | AZ |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 85016 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId | 0 | 6E281AA5297327A144FF8F8621DBF88A7370D791 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | 6E281AA5297327A144FF8F8621DBF88A7370D791 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 454728843 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | ASPIRE BUSINESS CONSULTANTS |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | PO BOX 12084 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | GLENDALE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | AZ |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 853182084 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 6028812483 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2018-05-15 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | HEATHER JONES |
| ReturnHeader/ReturnTs | 0 | 2018-05-15T16:22:27-07:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2016-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2017-06-30 |
| ReturnHeader/TaxYr | 0 | 2016 |
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Displayed year
2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.