Civic Intelligence

Economic Ventures Inc

EIN 90-0607567 • 501(c)3 • New York, NY

Profile

To provide a fundamental foundation in the basic principles of economics and entrpreneurship through educational programs developed for youth, teachers and early stage entrpreneurs.

222 E 56th Street Apt 2HNew York, NY 10022

www.econventures.org

Siviq Scores

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

Liabilities / Assets

100th percentile

171.18x

Higher debt load relative to assets than 100% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

99th percentile

29.04x

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

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

63rd percentile

9.8%

Higher net margin than 63% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

94th percentile

135%

Faster asset growth than 94% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

16th percentile

-51%

Faster revenue growth than 16% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets100th percentile

Assets

Up

$704

Up $405 (+135%) from 2023

Liabilities

Flat

$120,509

Flat from 2023

Net Assets

Up

-$119,805

Up $405 (+0.3%) from 2023

Operations
Liabilities / Revenue99th percentileNet Margin63rd percentile

Revenue

Down

$4,150

Down $4,389 (-51%) from 2023

Expenses

Down

$3,745

Down $347 (-8.5%) from 2023

Net Income

Down

$405

Down $4,042 (-91%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth94th percentile

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

$200K$100K$0-$100K-$200KAssets 2013: $832Liabilities 2013: $33,196Net Assets 2013: -$32,3642013Assets 2014: $115Liabilities 2014: $63,323Net Assets 2014: -$63,2082014Assets 2015: $1,364Liabilities 2015: $86,368Net Assets 2015: -$85,0042015Assets 2016: $298Liabilities 2016: $90,080Net Assets 2016: -$89,7822016Assets 2017: $553Liabilities 2017: $106,675Net Assets 2017: -$106,1222017Assets 2018: $1,186Liabilities 2018: $109,805Net Assets 2018: -$108,6192018Assets 2019: $481Liabilities 2019: $119,806Net Assets 2019: -$119,3252019Assets 2020: $297Liabilities 2020: $124,705Net Assets 2020: -$124,4082020Assets 2021: $1,326Liabilities 2021: $125,210Net Assets 2021: -$123,8842021Assets 2022: $186Liabilities 2022: $124,843Net Assets 2022: -$124,6572022Assets 2023: $299Liabilities 2023: $120,509Net Assets 2023: -$120,2102023Assets 2024: $704Liabilities 2024: $120,509Net Assets 2024: -$119,8052024

Highlighted filing

2024

Assets$704
Liabilities$120,509
Net Assets-$119,805
Open 2024 Filing

Operations Trend

Revenue Growth16th percentile

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

$100K$50K$0-$50KRevenue 2013: $11,819Expenses 2013: $15,429Net Income 2013: -$3,6102013Revenue 2014: $26,971Expenses 2014: $57,815Net Income 2014: -$30,8442014Revenue 2015: $52,413Expenses 2015: $74,209Net Income 2015: -$21,7962015Revenue 2016: $8,687Expenses 2016: $13,465Net Income 2016: -$4,7782016Revenue 2017: $1,990Expenses 2017: $18,330Net Income 2017: -$16,3402017Revenue 2018: $3,041Expenses 2018: $5,538Net Income 2018: -$2,4972018Revenue 2019: $4,992Expenses 2019: $15,698Net Income 2019: -$10,7062019Revenue 2020: $165Expenses 2020: $5,248Net Income 2020: -$5,0832020Revenue 2021: $8,686Expenses 2021: $8,162Net Income 2021: $5242021Revenue 2022: $4,445Expenses 2022: $5,218Net Income 2022: -$7732022Revenue 2023: $8,539Expenses 2023: $4,092Net Income 2023: $4,4472023Revenue 2024: $4,150Expenses 2024: $3,745Net Income 2024: $4052024

Highlighted filing

2024

Revenue$4,150
Expenses$3,745
Net Income$405
Open 2024 Filing

Filings

Most recent year

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

Open filing
Assets
$704
Liabilities
$120,509
Net assets
-$119,805
Revenue
$4,150
Expenses
$3,745
Net income
$405
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.01$1.21$1.20$0.04$0.04$0.00
2023Detailed filing. Detailed filing data is available for this year.$0.00$1.21$1.20$0.09$0.04$0.04
2022Detailed filing. Detailed filing data is available for this year.$0.00$1.25$1.25$0.04$0.05$0.01
2021Detailed filing. Detailed filing data is available for this year.$0.01$1.25$1.24$0.09$0.08$0.01
2020Detailed filing. Detailed filing data is available for this year.$0.00$1.25$1.24$0.00$0.05$0.05
2019Detailed filing. Detailed filing data is available for this year.$0.00$1.20$1.19$0.05$0.16$0.11
2018Detailed filing. Detailed filing data is available for this year.$0.01$1.10$1.09$0.03$0.06$0.02
2017Detailed filing. Detailed filing data is available for this year.$0.01$1.07$1.06$0.02$0.18$0.16
2016Detailed filing. Detailed filing data is available for this year.$0.00$0.90$0.90$0.09$0.13$0.05
2015Detailed filing. Detailed filing data is available for this year.$0.01$0.86$0.85$0.52$0.74$0.22
2014Detailed filing. Detailed filing data is available for this year.$0.00$0.63$0.63$0.27$0.58$0.31
2013Detailed filing. Detailed filing data is available for this year.$0.01$0.33$0.32$0.12$0.15$0.04
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 1, 2025
Return Version
2024v5.0
Gross Receipts
$4,150
Mission and Program Overview

Mission

To provide a fundamental foundation in the basic principles of economics and entrpreneurship through educational programs developed for youth, teachers and early stage entrpreneurs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Loans From Officers Directors$72,510$72,510→ $0
Cash and Non-Interest-Bearing Accounts$194$704▲ $510
Total Assets$299$704▲ $405
Other Assets Total$105--
Liabilities
Accounts Payable and Accrued Expenses$47,999$47,999→ $0
Total Liabilities$120,509$120,509→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-120,210$-119,805▲ $405
Total Net Assets Fund Balance$-120,210$-119,805▲ $405
Total Liabilities and Net Assets / Fund Balance$299$704▲ $405
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Nancy a MayBoard Chair
Carrie J McindoePresident
JAMES P O'NEILLDirector
M L Graeme CampbellSecretary
Stanley N MaragosTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$4,150
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$4,150
Change in Net Assets
$405
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,745
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
Insurance$2,587$647-$3,234
Fees for Services Accounting$176$44-$220
Other Expenses$79$20-$99
Total Functional Expenses$2,996$749$0$3,745
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

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$72,510$72,510→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
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 independent accountants prepare the form 990 and provide the organization with a draft version. The organization reviews the form 990 and approves the draft version before the return is filed.”

Form 990, Page 6, Part VI, Line 19

“The organization makes all govering documents available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Economic Ventures Inc
EIN
90-0607567
Phone
9176503929
Address
222 E 56TH STREET APT 2H, NEW YORK, NY 10022

Signing Officer

Name
Carrie J Mcindoe
Title
President
Phone
9176503929
Signed
2025-05-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Carrie J Mcindoe
Formed
2010
Legal Domicile
Ny
Voting Board Members
5
Independent Board Members
5
Employees
0

Preparer

Firm
Robert G Rice Pc
Address
92 MONTVALE AVE STE 2700, STONEHAM, MA 02180
Preparer
Robert G Rice Pc
Phone
7813962600
Raw XML Appendix279 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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ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0043105938
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ROBERT G RICE PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt092 MONTVALE AVE STE 2700
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0STONEHAM
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002180
ReturnHeader/PreparerPersonGrp/PhoneNum07813962600
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ROBERT G RICE PC
ReturnHeader/ReturnTs02025-05-29T12:40:48-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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