New Ventures Enterprises Inc

Public charity · Grantmaker Lagrange, GA EIN: 81-0581180

Coordinate and implement the services of local agencies, department of vocational rehabilitation, and other agencies, appropriate facilities in securing educational therapeutic and vocational training for individuals requiring other training, therapy and job placement programs.

Key facts about New Ventures Enterprises Inc

In short: New Ventures Enterprises Inc gave $127K across 1 grant in 2025 (avg $127K), mostly in Georgia. Source: 2025 IRS Form 990.

EIN
81-0581180
Latest 990 filing
Form 990, 2025
Annual giving (2025)
$127,000
Grants made (2025)
1
Average grant
$127,000
Median grant
$127,000
Total assets
$1,589,679
Primary geography
Georgia (100% of itemized 2025 grant dollars)

Data from IRS Form 990, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$1.6M

-1.2% YoY

Annual Giving

$127K

+5.8% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$127K

+5.8% YoY

How New Ventures Enterprises Inc gives

  • Giving fell 85% from 2022 to 2025. Method

From the foundation's IRS Form 990 filings. Methodology.

About New Ventures Enterprises Inc

Based on IRS filings

New Ventures Enterprises Inc is a public charity focused on Human Services, based in Lagrange, GA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $1.6M in total assets. In 2025, it awarded 1 grant totaling $127K. Net investment income was $33K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 1 itemized 2025 grant dollars.

States

Cities

Lagrange

Giving Over Time

Total grant dollars and number of grants per year

$0$250K$500K$750K$1M0 grants20190 grants20200 grants20211 grants20221 grants20231 grants20241 grants2025

From 2022 to 2025, annual grant giving ranged from $70K (2023) to $875K (2022). In 2025 it made 1 grant totaling $127K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2025

New Ventures Inc: $127KNew Ventures Inc$127K

The largest 2025 recipient was New Ventures Inc ($127K).

Grant Size Distribution

4 grants across all recorded years

<$50K1$50–100K2$100–250K$250–500K1$500K–1M$1–5M$5M+

The most common grant size was in the $100–250K range: 2 grants of 4 (50%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
New Ventures Inc Lagrange, GAProgram Services$127,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$500K$1M$1.5M$2M2019202020212022202320242025
Metric202520242023
Total Assets$1,589,679$1,609,665$1,824,176
Revenue$943,785$727,486$1,327,168
Expenses$913,952$920,069$980,110
Net Investment Income$33,323$16,041$1,339

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990 for fiscal year 2019 (received by the IRS March 11, 2020)
  2. Updated Form 990 for fiscal year 2022 (received by the IRS February 22, 2023)
  3. Updated Form 990 for fiscal year 2023 (received by the IRS January 16, 2024)
  4. Updated Form 990 for fiscal year 2024 (received by the IRS November 5, 2024)
  5. Added Form 990 for fiscal year 2025 (received by the IRS May 15, 2026)

Leadership & Key People

Officers and directors from IRS filings

New Ventures Enterprises Inc is led by Mike Wilson, CEO on every filing since 2022; none of the 5 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Mike Wilson

    CEO

    On filings since 2022

    40 hrs/week

    No compensation reported

  • Patrick Crews

    Board Chair

    On filings since 2019

    2 hrs/week

    No compensation reported

  • Kathy French

    Director

    On filings since 2019

    1 hr/week

    No compensation reported

  • Alex Dixon

    Secretary

    On filings since 2019

    1 hr/week

    No compensation reported

  • Tim Anderson

    Treasurer

    Director → Treasurer, 2022

    On filings since 2019

    1 hr/week

    No compensation reported

Former officers (1)
  • Former: Lydia Rosencrants (2020–2022) — Director

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about New Ventures Enterprises Inc

How much does New Ventures Enterprises Inc give each year?

New Ventures Enterprises Inc gave $127K across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $120K across 1 grant.

How large is New Ventures Enterprises Inc?

New Ventures Enterprises Inc reported $1.6M in total assets on its 2025 IRS Form 990. Its revenue that year was $944K.

What is New Ventures Enterprises Inc?

New Ventures Enterprises Inc is a public charity focused on Human Services, based in Lagrange, GA. It holds $1.6M in total assets as of 2025.

Where does New Ventures Enterprises Inc operate?

New Ventures Enterprises Inc has awarded grants in Georgia.

What is New Ventures Enterprises Inc's EIN?

New Ventures Enterprises Inc's EIN (Employer Identification Number) is 81-0581180. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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