Liabilities / Assets
99th percentile
Higher debt load relative to assets than 99% of similar nonprofits.
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
96th percentile
Higher debt load relative to revenue than 96% of similar nonprofits.
Net Margin
10th percentile
Higher net margin than 10% of similar nonprofits.
Top Officer Pay
97th percentile
Higher top officer pay than 97% of similar nonprofits.
Top officer pay equals 43.0% of source-year revenue.
Asset Growth
93rd percentile
Faster asset growth than 93% of similar nonprofits.
Revenue Growth
96th percentile
Faster revenue growth than 96% of similar nonprofits.
Assets
Up$20,238
Up $11,921 (+143%) from 2017
Net Assets
Down-$244,991
Down $69,450 (-40%) from 2017
Liabilities
Up$265,229
Up $81,371 (+44%) from 2017
Revenue
Up$190,046
Up $121,480 (+177%) from 2017
Expenses
Up$259,496
Up $15,389 (+6.3%) from 2017
Net Income
Up-$69,450
Up $106,091 (+60%) from 2017
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 PROVATE SCHOOL THAT IS FOCUSED ON LEARNING FOR THE 21ST CENTURY WITH A HANDS ON APPROACH. IT IS A LEARNER DRIVER 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. | - | $211,634 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| ANDREW COLLINS | President/Se | FT | $81,763 | - | $81,763 |
| JAMES AARON KLUSMAN | Treasurer | - | $0 | - | - |
| TYLER JOHNSON | Director | - | $0 | - | - |
| JACK DEBARTOLO III | Director | - | $0 | - | - |
| STEVEN WHEELER | Director | - | $0 | - | - |
“Expenses advertising 1,483 office expense 13,375 travel 1,843 conferences 119 insurance 1,007 non-investment depreciation 1,240 total 19,067”
“Grants receivable 0 3,273 accounts receivable 50 150 prepaid expenses and deferred charges 100 977 leasehold improvements 6,200 6,200 less accumulated depreciation 1,240 2,480 total 5,110 8,120”
“Accounts payable and accrued expenses 8,943 3,029 deferred revenue 0 14,535 loans from officers 174,915 247,665”
“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 provate school that is focused on learning for the 21st century with a hands on approach. It is a learner driver 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 VENTURES INC |
| 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 | 85016 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 3207 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 12118 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 80315 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -69450 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 26623 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 8317 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 20238 |
| IRS990EZ/GrossReceiptsAmt | 0 | 190046 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LoansToFromOfficersAmt | 0 | 247665 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | true |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | -175541 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | -244991 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | -175541 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | -244991 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 21583 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 40.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 81763 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | ANDREW COLLINS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | JAMES AARON KLUSMAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | TYLER JOHNSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | JACK DEBARTOLO III |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | STEVEN WHEELER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT/SE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | TREASURER |
| 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/BOYAmt | 0 | 5110 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 8120 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 19067 |
| 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 | 109731 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | ACTON ACADEMY IS A PROVATE SCHOOL THAT IS FOCUSED ON LEARNING FOR THE 21ST CENTURY WITH A HANDS ON APPROACH. IT IS A LEARNER DRIVER 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 | 211634 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 192223 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 183858 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 265229 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 259496 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 211634 |
| IRS990EZ/TotalRevenueAmt | 0 | 190046 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/SchoolInd | 0 | X |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt | 0 | 247665 |
| 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/WrittenAgreementInd | 0 | true |
| IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt | 0 | THIS IS THE SECOND 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 | 247665 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES ADVERTISING 1,483 OFFICE EXPENSE 13,375 TRAVEL 1,843 CONFERENCES 119 INSURANCE 1,007 NON-INVESTMENT DEPRECIATION 1,240 TOTAL 19,067 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | GRANTS RECEIVABLE 0 3,273 ACCOUNTS RECEIVABLE 50 150 PREPAID EXPENSES AND DEFERRED CHARGES 100 977 LEASEHOLD IMPROVEMENTS 6,200 6,200 LESS ACCUMULATED DEPRECIATION 1,240 2,480 TOTAL 5,110 8,120 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | ACCOUNTS PAYABLE AND ACCRUED EXPENSES 8,943 3,029 DEFERRED REVENUE 0 14,535 LOANS FROM OFFICERS 174,915 247,665 |
| 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 PROVATE SCHOOL THAT IS FOCUSED ON LEARNING FOR THE 21ST CENTURY WITH A HANDS ON APPROACH. IT IS A LEARNER DRIVER 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 | 2019-02-21 02:37:17Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | ANDREW COLLINS |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT/SECRETARY |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2019-05-10 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | NEW LEARNING VENTURES INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | NEWL |
| ReturnHeader/Filer/EIN | 0 | 813455705 |
| 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 | 47DC89AE433FDF5CB464A57D31CCF99CDCF29FE1 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | 6942DBE293EE23EAAFB65441E4C497608E5EF7E2 |
| ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd | 0 | P |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 167.68.16.49 |
| ReturnHeader/FilingSecurityInformation/IPDt | 0 | 2019-05-11 |
| ReturnHeader/FilingSecurityInformation/IPTm | 0 | 07:07:15 |
| 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 | 2019-05-11 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | HEATHER JONES |
| ReturnHeader/ReturnTs | 0 | 2019-05-11T09:24:24-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2017-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2018-06-30 |
| ReturnHeader/TaxYr | 0 | 2017 |
No mirrored PDF or thumbnail assets are attached yet.
Displayed year
2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.