Civic Intelligence

New Breeze

990 • Fiscal year 2023 • EIN 88-4044193

Jan 01, 2023 to Dec 31, 2023 • Filed on Dec 23, 2024

10432 Balls Ford RoadManassas, VA 20109

(240) 205-1243

Siviq Scores

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

Liabilities / Assets

32nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

32nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Net Margin

97th percentile

82%

Higher net margin than 97% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

54th percentile

$0

Higher top officer pay than 54% of similar nonprofits.

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

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Asset Growth

74th percentile

18%

Faster asset growth than 74% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

2nd percentile

-78%

Faster revenue growth than 2% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Assets

Up

$590,991

Up $91,015 (+18%) from 2022

Net Assets

Up

$590,991

Up $91,015 (+18%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue

Down

$110,456

Down $389,593 (-78%) from 2022

Expenses

Up

$19,441

Up $19,368 (+26532%) from 2022

Net Income

Down

$91,015

Down $408,961 (-82%) from 2022

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2022: $499,976Liabilities 2022: $0Net Assets 2022: $499,9762022Assets 2023: $590,991Liabilities 2023: $0Net Assets 2023: $590,9912023Assets 2024: $606,856Liabilities 2024: $0Net Assets 2024: $606,8562024

Highlighted filing

2023

Assets$590,991
Liabilities$0
Net Assets$590,991

Operations Trend

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

$600K$400K$200K$0Revenue 2022: $500,049Expenses 2022: $73Net Income 2022: $499,9762022Revenue 2023: $110,456Expenses 2023: $19,441Net Income 2023: $91,0152023Revenue 2024: $18,438Expenses 2024: $2,573Net Income 2024: $15,8652024

Highlighted filing

2023

Revenue$110,456
Expenses$19,441
Net Income$91,015
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Dec 23, 2024
Return Version
2023v5.0
Gross Receipts
$110,456
Mission and Program Overview

Mission

New breeze was formed as an educational resource to inform the public about current business and investment trends and practices and their impact on public policy. The corporation's goal is to curate, aggregate, and share relevant information on developing trends and disseminate its analysis to the general public through the corporation's website and the mass media.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$50,027$525,682▲ $475,655
Savings and Temporary Cash Investments$400,022$34,823▼ $365,199
Cash and Non-Interest-Bearing Accounts$49,927$30,486▼ $19,441
Total Assets$499,976$590,991▲ $91,015
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$499,976$590,991▲ $91,015
Total Net Assets Fund Balance$499,976$590,991▲ $91,015
Total Liabilities and Net Assets / Fund Balance$499,976$590,991▲ $91,015
Compensation and Service Providers

Board Members and Trustees

NameTitle
Steve MilloyPresident
Paul FitzpatrickSecretary
Will HildTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$100,000
Program Service Revenue
$0
Investment Income
$10,456
Other Revenue
$0
All Other Contributions
$100,000
Change in Net Assets
$91,015
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$19,441
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Legal-$18,688-$18,688
Fees for Services Accounting-$650-$650
Fees for Services Other-$103-$103
Total Functional Expenses$0$19,441$0$19,441
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
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
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
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 board of directors reviews the 990 before it is submitted for filing.

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

Each board member and employee is required to disclose conflicts of interest prior to affiliation or employment with the organization. Company policy requires disclosure of any circumstances that may arise after the relationship has been established that may be perceived as a conflict. Written or verbal communication to an independent board member or the

Form 990, Page 6, Part VI, Line 19

The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
New Breeze
EIN
88-4044193
Phone
2402051243
Address
10432 BALLS FORD ROAD, MANASSAS, VA 20109

Signing Officer

Name
Steve Milloy
Title
President
Phone
2402051243
Signed
2024-12-23

Organization Details

Principal Officer
Steve Milloy
Formed
2022
Legal Domicile
Md
Voting Board Members
3
Independent Board Members
3
Employees
0

Preparer

Firm
Goldman Clearfield & Ocampo Llp
Address
6230 OLD DOBBIN LANE SUITE 180, COLUMBIA, MD 21045
Preparer
Adam M Clearfield CPA
Phone
4107728090
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

New breeze was formed as an educational resource to inform the public about current business and investment trends and practices and their impact on public policy. The corporation's goal is to curate, aggregate, and share relevant information on developing trends and disseminate its analysis to the general public through the corporation's website and the mass media.

Form 990, Page 2, Part III, Line 2

Dissemination of educational materials. The organization will spend the majority of its time disseminating the educational materials that it produces to the general public. The organization will share this information with the general public for free. This will enable the organization to ensure that a greater number of people receive its message. This activity will commence immediately and occur across the united states, and will continue perpetually for the organization's existence because they are the core of the organization's exempt purpose. Creating educational materials. In order to fulfill its educational purpose, the organization will spend time creating and compiling reports and resources that it will use to educate the public. All research materials produced by the organization will be made publicly available. The activity will be conducted primarily within virginia. This activity will enable the organization to perform its primary exempt purpose of disseminating educational materials to the general public

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NEW BREEZE WAS FORMED AS AN EDUCATIONAL RESOURCE TO INFORM THE PUBLIC ABOUT CURRENT BUSINESS AND INVESTMENT TRENDS AND PRACTICES AND THEIR IMPACT ON PUBLIC POLICY. THE CORPORATION'S GOAL IS TO CURATE, AGGREGATE, AND SHARE RELEVANT INFORMATION ON DEVELOPING TRENDS AND DISSEMINATE ITS ANALYSIS TO THE GENERAL PUBLIC THROUGH THE CORPORATION'S WEBSITE AND THE MASS MEDIA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DISSEMINATION OF EDUCATIONAL MATERIALS. THE ORGANIZATION WILL SPEND THE MAJORITY OF ITS TIME DISSEMINATING THE EDUCATIONAL MATERIALS THAT IT PRODUCES TO THE GENERAL PUBLIC. THE ORGANIZATION WILL SHARE THIS INFORMATION WITH THE GENERAL PUBLIC FOR FREE. THIS WILL ENABLE THE ORGANIZATION TO ENSURE THAT A GREATER NUMBER OF PEOPLE RECEIVE ITS MESSAGE. THIS ACTIVITY WILL COMMENCE IMMEDIATELY AND OCCUR ACROSS THE UNITED STATES, AND WILL CONTINUE PERPETUALLY FOR THE ORGANIZATION'S EXISTENCE BECAUSE THEY ARE THE CORE OF THE ORGANIZATION'S EXEMPT PURPOSE. CREATING EDUCATIONAL MATERIALS. IN ORDER TO FULFILL ITS EDUCATIONAL PURPOSE, THE ORGANIZATION WILL SPEND TIME CREATING AND COMPILING REPORTS AND RESOURCES THAT IT WILL USE TO EDUCATE THE PUBLIC. ALL RESEARCH MATERIALS PRODUCED BY THE ORGANIZATION WILL BE MADE PUBLICLY AVAILABLE. THE ACTIVITY WILL BE CONDUCTED PRIMARILY WITHIN VIRGINIA. THIS ACTIVITY WILL ENABLE THE ORGANIZATION TO PERFORM ITS PRIMARY EXEMPT PURPOSE OF DISSEMINATING EDUCATIONAL MATERIALS TO THE GENERAL PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS REVIEWS THE 990 BEFORE IT IS SUBMITTED FOR FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3EACH BOARD MEMBER AND EMPLOYEE IS REQUIRED TO DISCLOSE CONFLICTS OF INTEREST PRIOR TO AFFILIATION OR EMPLOYMENT WITH THE ORGANIZATION. COMPANY POLICY REQUIRES DISCLOSURE OF ANY CIRCUMSTANCES THAT MAY ARISE AFTER THE RELATIONSHIP HAS BEEN ESTABLISHED THAT MAY BE PERCEIVED AS A CONFLICT. WRITTEN OR VERBAL COMMUNICATION TO AN INDEPENDENT BOARD MEMBER OR THE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
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