New Ventures Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
FOUNDED IN 1971, NEW VENTURES, INC. HAS BEEN SERVING TROUP COUNTY FOR 50 YEARS INITIALLY SERVING AS A SHELTERED WORKSHOPFOR THE WEST GEORGIA AREA, WE PROVIDED WORK PROGRAMS AND LEISURE ACTIVITIES FOR ADULTS WITH DEVELOPMENTAL DISABILITIES. INRESPONSE TO COMMUNITY NEEDS, OUR PROGRAMS EXPANDED TO INCLUDE WORK EVALUATION, WORK ADJUSTMENT, SHELTERED EMPLOYMENT,AND JOB PLACEMENT. MANY YEARS LATER, THE JOB TRAINING PROGRAM EXPANDED AGAIN TO SERVE INDIVIDUALS WITH OTHER BARRIERS TOEMPLOYMENT. OTHER BARRIERS TO EMPLOYMENT MAY INCLUDE, BUT ARE NOT LIMITED TO, HOMELESSNESS, LACK OF EDUCATION, LACK OF WORKEXPERIENCE, LACK OF TRANSPORTATION, CRIMINAL HISTORY, ETC. THE EXPANSION IN SERVICES LED TO THE ESTABLISHMENT OF OUR MISSION,NEW VENTURES, INC. IS A TRAINING COMPANY THAT TEACHES NECESSARY SKILLS FOR SUCCESSFUL EMPLOYMENT.
- Income
- $2.8 million
- Spending
- $3.5 million
- Spent on programs
- 67%
- Reserves
- 1.5 months of spending
- Largest source of income
- fees for its services, 87%
- Employees
- 55
- Volunteers
- 1
- Highest pay
- $82,452, executive director
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 50 out of 100. Higher than 20% of charities in its peer group (employment, $1m to $10m).
Reserves
10 of 35Spendable reserves would cover 1.5 months of spending.
Debt
20 of 20It owes 15% of what it owns.
Living within its means
0 of 15Spending exceeded income by 28% of income.
Income trend
5 of 15Income fell 19% on the year before.
Spending floor
15 of 1567% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Fair: 55 out of 100. Higher than 7% of charities in its peer group (employment, $1m to $10m).
Independent board
25 of 258 of 8 voting board members are independent.
Conflict of interest policy
0 of 15Reports no written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- $2.1 million spent. TO PROVIDE TRAINING AND EMPLOYMENT OPPORTUNITIES TO INDIVIDUALS WHO NEED LONG TERM SUPPORT WHETHER WORKING IN-HOUSE OR OFF-SITE IN ASUPERVISED TEMPORARY COMMERCIAL PLACEMENT LOCATION.
- $129,321 spent. TO PROVIDE ASSISTANCE TO INDIVIDUALS WITH BARRIERS TO EMPLOYMENT, BY RELYING ON INDUSTRIAL BUSINESSES IN THE LAGRANGE-TROUP COUNTY AREATO OBTAIN OUTSOURCING THAT IS USED AS PRE-EMPLOYMENT TRAINING.
- $155,093 spent. WE PROVIDE A NUTURING ENVIRONMENT FOR WOMEN AND CHILDREN SEEKING RECOVERY- SUPPORT SERVICES FOR TRAUMA, MENTAL ILLNESS, OR SUBSTANCEABUSE. COMBINING INDIVIDUALIZED CARE AND A COMPASSIONATE, TRAUMA-RESPONSIVE COMMUNITY, THE CALUMET CENTER FOR HEALING AND ATTACHMENTADVOCATES FOR HOPE, NEW POSSIBILITIES, AND THE ENDURING SPIRIT OF FAITH AND FAMILY. NUMBER SERVED IN 2022/2023 - 8
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since June 1972.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.