2025-11-17T18:09:52-05:00 2024-12-31 521753100 RYAN & WETMORE PC 3 BETHESDA METRO CENTER RD STE 320 BETHESDA MD 20814 990 2024-01-01 834583974 NOVELLA CENTER FOR ENTREPRENEURSHIP BY CONSCIOUS VENTURE LAB INC NOVE 4102795663 901 S BOND STREET STE 203 BALTIMORE MD 21231 JEFFREY CHERRY PRESIDENT 4102795663 2025-11-17 true true PETER T RYAN CPA P00347443 3015850506 2025-11-17 2024 2025-03-06 01:10:19Z JEFFREY CHERRY 901 S BOND STREET SUITE 203 BALTIMORE MD 21231 301000 false X WWW.NOVELLACENTER.ORG X 2019 MD THE ORGANIZATION IS FORMED AND OPERATED FOR THE PURPOSE OF ADMINISTERING TRAINING PROGRAMS THAT EXPOSE EARLY-STATE FOUNDERS, CEOS AND OTHER EXECUTIVES TO THE TENETS OF STAKEHOLDER THEORY AND CONSCIOUS CAPITALISM, AND TO THE IDEA OF USING ENTREPRENEURS AS A TOOL FOR ECONOMIC INCLUSION, GROWTH, AND WEALTH CREATIONS. 3 1 0 0 497500 201000 12500 100000 0 0 510000 301000 45750 0 0 0 0 21034 399032 354183 444782 354183 65218 -53183 163995 110812 0 163995 110812 X THE CORPORATION IS FORMED AND OPERATED FOR THE PURPOSE OF ADMINISTERING TRAINING PROGRAMS THAT EXPOSE EARLY STAGE FOUNDERS, CEOS AND OTHER EXECUTIVES TO THE TENETS OF STAKEHOLDER THEORY AND CONSCIOUS CAPITALISM, AND TO THE IDEA OF USING ENTREPRENEURSHIP AS A TOOL FOR ECONOMIC INCLUSION, GROWTH, AND WEALTH CREATION. false false 149538 40000 CVL COHORT BALTIMORE 11: NOVELLA CENTER FOR ENTREPRENEURSHIP ADMINISTRERED THE 14-WEEK CVL ACCELERATOR PROGRAM IN BALTIMORE. COHORT 11 LAUNCHED IN MARCH 2024 WITH 9 COMPANIES (4 WOMEN FOUNDERS; 8 MINORITY FOUNDERS; 2 BALTIMORE COMPANIES; 3 MARYLAND COMPANIES). PURPOSE OF THE PROGRAM IS TO CREATE PARTNERSHIPS AND PROGRAMMING TO TRAIN ENTREPRENEURS HOW TO BUILD COMPANIES THAT MATTER BY EXPOSING THEM TO THE TENETS OF STAKEHOLDER THEORY AND CONSCIOUS CAPITALISM AND SHOW THEM HOW MANAGING A BUSINESS FOR ALL OF ITS STAKEHOLDERS CREATES BOTH SOCIETAL AND FINANCIAL VALUE. 44321 CVL COHORT BALTIMORE 12: COHORT 12 LAUNCHED IN SEPTEMBER 2024 WITH 11 COMPANIES (5 WOMEN FOUNDERS; 9 MINORITY FOUNDERS; 3 BALTIMORE COMPANIES; 6 MARYLAND COMPANIES). PURPOSE OF THE PROGRAM IS TO CREATE PARTNERSHIPS AND PROGRAMMING TO TRAIN ENTREPRENEURS HOW TO BUILD COMPANIES THAT MATTER BY EXPOSING THEM TO THE TENETS OF STAKEHOLDER THEORY AND CONSCIOUS CAPITALISM AND SHOW THEM HOW MANAGING A BUSINESS FOR ALL OF ITS STAKEHOLDERS CREATES BOTH SOCIETAL AND FINANCIAL VALUE. 8190 51000 CVL COHORT 10: PURPOSE OF THE PROGRAM IS TO CREATE PARTNERSHIPS AND PROGRAMMING TO TRAIN ENTREPRENEURS HOW TO BUILD COMPANIES THAT MATTER BY EXPOSING THEM TO THE TENETS OF STAKEHOLDER THEORY AND CONSCIOUS CAPITALISM AND SHOW THEM HOW MANAGING A BUSINESS FOR ALL OF ITS STAKEHOLDERS CREATES BOTH SOCIETAL AND FINANCIAL VALUE. 60000 THE ORGANIZATION IS FORMED AND OPERATED FOR THE PURPOSE OF ADMINISTERING TRAINING PROGRAMS THAT EXPOSE EARLY-STATE FOUNDERS, CEOS AND OTHER EXECUTIVES TO THE TENETS OF STAKEHOLDER THEORY AND CONSCIOUS CAPITALISM, AND TO THE IDEA OF USING ENTREPRENEURS AS A TOOL FOR ECONOMIC INCLUSION, GROWTH, AND WEALTH CREATIONS. 60000 202049 true true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true false true false false false false false false false false false true 0 0 0 false false false false false false false false X 3 1 true true false false false false false true false false false true true true true false false true false false MD X L CONTENT MCLAUGHLIN 4102795663 901 S BOND STREET SUITE 203 BALTIMORE MD 21231 X JEFFREY CHERRY PRESIDENT X X 0 0 0 JULIE LENZER DIRECTOR X 0 0 0 L CONTENT MCLAUGHLIN VP AND SECRE X X 0 0 0 JOSEPH VALIS TREASURER X 0 0 0 false false false CONSCIOUS VENTURE PARTNERS LLC 901 S BOND STREET SUITE 203 BALTIMORE MD 21231 CONSULTING 156000 1 201000 201000 SERVICES 561000 100000 100000 100000 301000 100000 X 1055 1055 293019 169259 109993 13767 12850 3892 5003 3955 13568 3750 9818 7445 3618 2858 969 FOOD CATERING 8940 8940 MEALS & ENTERTAINMENT 7452 5127 2007 318 FACILITY FEES & RENTALS 3113 3113 PRODUCTION 2475 2475 4266 1875 366 2025 354183 202049 131100 21034 163995 110812 163995 110812 0 0 X 163995 110812 163995 110812 163995 110812 -53183 X false false X 160000 497500 221000 878500 160000 497500 221000 878500 576580 301920 878500 92500 0.34370 0.37000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED CONSCIOUS VENTURE LAB BENEFIT CORP CONTR. ENTITY LICENSING FEES false CONSCIOUS VENTURE PARTNERS LLC BOARD MEMBER 156000 CONSULTING FEES false SCHEDULE L, PART V CONSCIOUS VENTURE LAB, A BENEFIT CORPORATION, IS 100 PERCENT OWNED BY THE PORTER GROUP, LLC AND CHARGES A LICENSING FEE TO NCE. JEFF CHERRY IS THE MANAGING MEMBER OF THE PORTER GROUP, LLC AND IS THE PRESIDENT AND CHAIRMAN OF THE NCE BOARD. CONSCIOUS VENTURE PARTNERS, LLC IS A FUND MANAGER AND PROVIDES CONSULTING SERVICES TO NCE. JEFF CHERRY IS THE MANAGING MEMBER OF CONSCIOUS VENTURE PARTNERS, LLC AND IS THE PRESIDENT AND CHAIRMAN OF THE NCE BOARD. RELATIONSHIPS BETWEEN OFFICERS/DIRECTORS: JEFFERY CHERRY AND JOESEPH VALIS ARE EMPLOYEES OF CONSCIOUS VENTURE PARTNERS, LLC AND ARE BOTH INVOLVED WITH THE FUNDS MANAGED BY CONSCIOUS VENTURE PARTNERS. CONTENT MCLAUGHLIN IS AN INDEPENDENT CONTRACTOR AND CONSULTANT FOR NCE AND CONSCIOUS VENTURE PARTNERS. JULIE LENZER DOES NOT HAVE ANY BUSINESS OR PERSONAL RELATIONSHIPS WITH THE OFFICERS OTHER THAN LONG-TIME FRIENDSHIPS BETWEEN JEFFERY CHERRY AND CONTENT MCLAUGHLIN. FORM 990 - ORGANIZATION'S MISSION THE CORPORATION IS FORMED AND OPERATED FOR THE PURPOSE OF ADMINISTERING TRAINING PROGRAMS THAT EXPOSE EARLY STAGE FOUNDERS, CEOS AND OTHER EXECUTIVES TO THE TENETS OF STAKEHOLDER THEORY AND CONSCIOUS CAPITALISM, AND TO THE IDEA OF USING ENTREPRENEURSHIP AS A TOOL FOR ECONOMIC INCLUSION, GROWTH, AND WEALTH CREATION. FORM 990, PAGE 2, PART III, LINE 4D THE ORGANIZATION IS FORMED AND OPERATED FOR THE PURPOSE OF ADMINISTERING TRAINING PROGRAMS THAT EXPOSE EARLY-STATE FOUNDERS, CEOS AND OTHER EXECUTIVES TO THE TENETS OF STAKEHOLDER THEORY AND CONSCIOUS CAPITALISM, AND TO THE IDEA OF USING ENTREPRENEURS AS A TOOL FOR ECONOMIC INCLUSION, GROWTH, AND WEALTH CREATIONS. FORM 990, PAGE 6, PART VI, LINE 2 JEFFREY CHERRY L. CONTENT MCLAUGHLIN PRESIDENT VP/SECRETARY BUSINESS PARTNERS JEFFREY CHERRY JOSEPH VALIS PRESIDENT TREASURER BUSINESS PARTNERS JEFFREY CHERRY JULIE LENZER PRESIDENT DIRECTOR BUSINESS PARTNERS FORM 990, PAGE 6, PART VI, LINE 3 THE ORGZANIATION DELEGATED CONTROL OVER MANAGEMENT DUTIES CUSTOMARILY PERFORMED BY AND UNDER DIRECT SUPERVISION OF OFFICERS TO CONSCIOUS VENTURE PARTNERS OPERATED BY PRESIDENT JEFFERY CHERRY. FORM 990, PAGE 6, PART VI, LINE 8B THERE WERE NO COMMITTEE MEETINGS IN 2024. FORM 990, PAGE 6, PART VI, LINE 11B THE 990 WILL BE SHARED WITH THE BOARD MEMBERS SO THEY MAY REVIEW AND ASK QUESTIONS PRIOR TO THE RETURN BEING FILED. FORM 990, PAGE 6, PART VI, LINE 12C THE ORGANIZATION HAS A CONFLICT OF INTEREST POLICY OBLIGATING THE TRUSTEE, DIRECTORS, OFFICER, OR KEY EMPLOYEE TO DISCLOSE ANY CONFLICT OF INTERESTS. FORM 990, PAGE 6, PART VI, LINE 15A AT THIS TIME, NO ONE IS COMPENSATED. FORM 990, PAGE 6, PART VI, LINE 19 DOCUMENT IS AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTING FEES 169,259 97,393 13,767 IT CONSULTING 0 12,600 0 TOTAL 169,259 109,993 13,767