Civic Intelligence

Economic Ventures Inc

990 • Fiscal year 2016 • EIN 90-0607567

Jan 01, 2016 to Dec 31, 2016 • Filed on Jan 19, 2017

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

(917) 650-3929

Siviq Scores

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

Liabilities / Assets

100th percentile

302.28x

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

2016 filings • NTEE B • <$500k nonprofits • Source year 2016

Liabilities / Revenue

99th percentile

10.37x

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

2016 filings • NTEE B • <$500k nonprofits • Source year 2016

Net Margin

8th percentile

-55%

Higher net margin than 8% of similar nonprofits.

2016 filings • NTEE B • <$500k nonprofits • Source year 2016

Top Officer Pay

83rd percentile

$0

Higher top officer pay than 83% of similar nonprofits.

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

2016 filings • NTEE B • <$500k nonprofits • Source year 2016

Asset Growth

2nd percentile

-78%

Faster asset growth than 2% of similar nonprofits.

2016 filings • NTEE B • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

3rd percentile

-83%

Faster revenue growth than 3% of similar nonprofits.

2016 filings • NTEE B • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Down

$298

Down $1,066 (-78%) from 2015

Net Assets

Down

-$89,782

Down $4,778 (-5.6%) from 2015

Liabilities

Up

$90,080

Up $3,712 (+4.3%) from 2015

Revenue

Down

$8,687

Down $43,726 (-83%) from 2015

Expenses

Down

$13,465

Down $60,744 (-82%) from 2015

Net Income

Up

-$4,778

Up $17,018 (+78%) from 2015

Historical Trend

Balance Sheet Trend

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

$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

2016

Assets$298
Liabilities$90,080
Net Assets-$89,782

Operations Trend

Revenue, expenses, and net income across loaded years, with this 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

2016

Revenue$8,687
Expenses$13,465
Net Income-$4,778
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Jan 19, 2017
Return Version
2016v3.0
Gross Receipts
$8,687
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$38,368$42,081▲ $3,713
Cash and Non-Interest-Bearing Accounts$1,364$298▼ $1,066
Total Assets$1,364$298▼ $1,066
Liabilities
Accounts Payable and Accrued Expenses$48,000$47,999▼ $1
Total Liabilities$86,368$90,080▲ $3,712
Net Assets / Fund Balance
Unrestricted Net Assets$-85,004$-89,782▼ $4,778
Total Net Assets Fund Balance$-85,004$-89,782▼ $4,778
Total Liabilities and Net Assets / Fund Balance$1,364$298▼ $1,066
Compensation and Service Providers

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
$4,500
Program Service Revenue
$4,187
Investment Income
$0
Other Revenue
$0
All Other Contributions
$4,500
Change in Net Assets
$-4,778
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$13,465
Total Fundraising Expense$23
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Travel$4,229$1,057-$5,286
Insurance$2,468$617-$3,085
Fees for Services Accounting$1,000--$1,000
Office Expenses$583$152$23$758
Other Expenses$196$612-$196
Total Functional Expenses$11,004$2,438$23$13,465
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$38,368$42,081▲ $3,713
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
2017-01-19
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
196 BOSTON AVE STE 2000, MEDFORD, MA 02155-4252
Preparer
Robert G Rice Pc
Phone
7813962600
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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/PreparerFirmGrp/PreparerFirmEIN0043105938
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ROBERT G RICE PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0196 BOSTON AVE STE 2000
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MEDFORD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0021554252
ReturnHeader/PreparerPersonGrp/PhoneNum07813962600
ReturnHeader/PreparerPersonGrp/PreparationDt02017-01-23
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ROBERT G RICE PC
ReturnHeader/ReturnTs02017-03-03T12:01:48-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

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