Civic Intelligence

Unknown Organization

990 • Fiscal year 2012 • EIN 90-0066492

Jul 01, 2011 to Jun 30, 2012 • Filed on Feb 01, 2013

Organization ProfileN/A
622 19th Street61265
Siviq Scores

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

Liabilities / Assets

63rd percentile

0.26x

Higher debt load relative to assets than 63% of similar nonprofits.

2012 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

62nd percentile

4.4%

Faster asset growth than 62% of similar nonprofits.

2012 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Balance Sheet
Liabilities / Assets63rd percentile

Assets

Up

$2,066,169

Up $86,862 (+4.4%) from 2011

Net Assets

Up

$1,530,539

Up $101,395 (+7.1%) from 2011

Liabilities

Down

$535,630

Down $14,533 (-2.6%) from 2011

Revenue And Expenses
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

-

No earlier filing loaded for comparison.

Expenses

Down

$152,250

Down $292,040 (-66%) from 2011

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth62nd percentile

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

$3.0M$2.0M$1.0M$0Assets 2011: $1,979,307Liabilities 2011: $550,163Net Assets 2011: $1,429,1442011Assets 2012: $2,066,169Liabilities 2012: $535,630Net Assets 2012: $1,530,5392012Assets 2013: $1,990,368Liabilities 2013: $209,255Net Assets 2013: $1,781,1132013Assets 2014: $0Liabilities 2014: $0Net Assets 2014: $02014

Highlighted filing

2012

Assets$2,066,169
Liabilities$535,630
Net Assets$1,530,539
Open 2012 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$2.0M$1.0M$0-$1.0M-$2.0MExpenses 2011: $444,2902011Expenses 2012: $152,2502012Expenses 2013: $140,5152013Revenue 2014: $43,391Expenses 2014: $1,824,506Net Income 2014: -$1,781,1152014

Highlighted filing

2012

Revenue-
Expenses$152,250
Net Income-
Open 2012 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2011 to Jun 30, 2012
Signed
Feb 1, 2013
Return Version
2011v1.2
Gross Receipts
$253,645
Mission and Program Overview

Mission

The newventures initiative is a regional business accelerator that provides technical and professional assistance to investors, entrepreneurs and start-up companies in eastern iowa and western illinois in order to develop successful business enterprises. Services include customized business planning and consulting, proprietary databases for market and product research, links to public and private sources of capital, and state-of-the-art office spaces and amenities.

Filing and Contact Details

Filer

EIN
90-0066492
Raw XML AppendixShowing 400 of 420 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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IRS990/ActivityOrMissionDescription0NEWVENTURES INITIATIVE PROVIDES A UNIQUE OPPORTUNITY FOR ENTREPRENEURS AND GROWING BUSINESSES TO DEVELOP A SUCCESSFUL BUSINESS ENTERPRISE. SERVICES INCLUDE CUSTOMIZED BUSINESS PLANNING SERVICES, INVESTMENT OPPORTUNITY FORUMS, BUSINESS EXPANSION & RETENTION CONSULTING, ENTREPRENEURS & INVENTORS CLUB AND PROVIDES POWERFUL DATABASE INFORMATION ON MARKETS AND INDUSTRY TRENDS AVAILABLE TO START-UPS AND SMALL COMPANIES. NEWVENTURES SERVES AN 8-COUNTY REGION IN EASTERN IOWA AND WESTERN ILLINOIS.
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IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation0IN ACCORDANCE WITH THE INCOME TAXES TOPIC OF THE FASB ACCOUNTING STANDARDS CODIFICATION, MANAGEMENT EVALUATED THE ORGANIZATIONS' TAX POSITIONS AND CONCLUDED THAT THE ORGANIZATIONS HAVE WHERE APPLICABLE, MAINTAINED THEIR TAX EXEMPT STATUS AND HAVE TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS. THEREFORE, NO PROVISION OR LIABILITY FOR INCOME TAXES HAS BEEN INCLUDED IN THE FINANCIAL STATEMENTS. THE ORGANIZATIONS ARE NO LONGER SUBJECT TO U.S. FEDERAL, STATE AND LOCAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR FISCAL YEARS BEFORE JUNE 30, 2009.
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IRS990ScheduleO/GeneralExplanation/Explanation0FORM 990 WAS REVIEWED AND APPROVED BY THE QC CHAMBER AUDIT COMMITTEE AND IT WAS PROVIDED TO ALL BOARD MEMBERS PRIOR TO ITS FILING WITH THE IRS.
IRS990ScheduleO/GeneralExplanation/Explanation1THE CONFLICT OF INTEREST POLICY IS MONITORED BY THE QUAD CITIES CHAMBER OF COMMERCE EXECUTIVE ASSISTANT.
IRS990ScheduleO/GeneralExplanation/Explanation2THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/GeneralExplanation/Explanation3THE QC CHAMBER AUDIT COMMITTEE SELECTS THE INDEPENDENT ACCOUNTANTS TO BE APPOINTED AS AUDITORS AND REVIEWS AND RECOMMENDS APPROVAL OF THE AUDIT. THERE HAVE BEEN NO CHANGES TO THE PROCESS FOR THE COMMITTEE THAT IS RESPONSIBLE FOR OVERSIGHT OF THE AUDIT AND SELECTION OF THE INDEPENDENT ACCOUNTANTS.
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IRS990/WhistleblowerPolicy01
IRS990/YearFormation02003
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/Filer/EIN0900066492
ReturnHeader/Filer/Name/BusinessNameLine10NEWVENTURES INITIATIVE
ReturnHeader/Filer/NameControl0NEWV
ReturnHeader/Filer/Phone05638232671
ReturnHeader/Filer/USAddress/AddressLine10622 19TH STREET
ReturnHeader/Filer/USAddress/City0MOLINE
ReturnHeader/Filer/USAddress/State0IL

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2012 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$2,066,169
Liabilities
$535,630
Net assets
$1,530,539
Revenue
-
Expenses
$152,250
Net income
-
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2014Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.04$1.82$1.78
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.99$0.21$1.78$0.14
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.07$0.54$1.53$0.15
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.98$0.55$1.43$0.44