Nonprofit · EIN 81-3455705
NEW LEARNING VENTURES INC
Tax-exempt · PHOENIX, AZ 85018
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,982,879 | $2,478,716 | -$495,837 | $4,297,684 | $5,647,588 | -$1,349,904 |
| June 30, 2024 | 990 | $1,826,211 | $2,113,060 | -$286,849 | $4,475,742 | $5,329,809 | -$854,067 |
| June 30, 2023 | 990 | $1,834,293 | $1,725,165 | $109,128 | $4,764,156 | $5,331,374 | -$567,218 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $1,486,090
- of which government grants
- $1,454,915
- Program service revenue
- $492,282
- Investment income
- $4,507
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $133,888
- Other salaries and wages
- $1,081,437
- Salaries, compensation and benefits (total)
- $1,424,583
- Professional fundraising fees
- $0
- Legal fees
- $4,692
- Accounting fees
- $42,898
- Occupancy
- $152,305
- Travel
- $17,961
- Depreciation
- $44,478
- Program services (functional)
- $1,849,732
- Management and general (functional)
- $628,984
Balance sheet and other
- Total assets, start of year
- $4,475,742
- Total assets, end of year
- $4,297,684
- Total liabilities, end of year
- $5,647,588
- Net assets, end of year
- -$1,349,904
- Land, buildings and equipment
- $4,012,307
- Net assets without donor restrictions
- -$1,349,904
- Gross receipts
- $1,982,879
- Employees
- 23
- Year formed
- 2016
- State of legal domicile
- AZ
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ANDREW COLLINS | PRESIDENT/SE Trustee or director, Officer | 40 | $120,075 |
| TYLER JOHNSON | MEMBER Trustee or director | 2 | $0 |
| JAMES AARON KLUSMAN | TREASURER Trustee or director, Officer | 2 | $0 |
| STEVEN WHEELER | MEMBER Trustee or director | 2 | $0 |
990 for the year ended June 30, 2024: 4 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ANDREW COLLINS | PRESIDENT/SE Trustee or director, Officer | 40 | $120,075 | $18,558 |
| TYLER JOHNSON | MEMBER Trustee or director | 2 | $0 | $0 |
| JAMES AARON KLUSMAN | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| STEVEN WHEELER | MEMBER Trustee or director | 2 | $0 | $0 |
990 for the year ended June 30, 2023: 4 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ANDREW COLLINS | PRESIDENT/SE Trustee or director, Officer | 40 | $90,438 | $14,602 |
| TYLER JOHNSON | MEMBER Trustee or director | 2 | $0 | $0 |
| JAMES AARON KLUSMAN | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| STEVEN WHEELER | MEMBER Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 4515 N 32ND ST STE 200, PHOENIX, AZ 85018-3356
- Principal officer (990 for 2024)
- ANDREW COLLINS, 200 E MITCHELL DRIVE, PHOENIX, AZ 85012
- Signed the 990
- ANDREW COLLINS, PRESIDENT/SECRETARY
- Phone
- (602) 740-9271
- Website
- NEWLEARNINGVENTURES.ORG
- Return prepared by
- ASPIRE BUSINESS CONSULTANTS
Mission
NEW LEARNING VENTURES, INC. IS RETHINKING LEARNING AND FOSTERING INNOVATION TO POSITIVELY IMPACT THE FUTURE OF OUR STATE. WE ENVISION A THRIVING ARIZONA WITH A TALENTED AND COMPETITIVE WORKFORCE AND HEALTHY COMMUNITIES GENERATED FROM HIGHLY EFFECTIVE AND MEANINGFUL LEARNING OPPORTUNITIES FOR CHILDREN. NLV'S VENTURES INCLUDE ACTON ACADEMY PHOENIX AND PHOENIX MODERN.
Program accomplishments
- ACTON ACADEMY PHOENIX IS AN INDEPENDENT SMALL SCHOOL WHOSE MISSION IS TO INSPIRE EACH PERSON WHO ENTERS OUR DOORS TO FIND A CALLING THAT WILL CHANGE THE WORLD.Expenses $376,233 · revenue $384,358
- PHOENIX MODERN IS A FREE, PUBLIC SCHOOL WHERE CHILDREN EXPLORE, CREATE, AND PREPARE FOR A LIFE FULL OF POSSIBILITY. IT IS A COMMUNITY OF LEARNERS DRIVEN BY AN INNATE SENSE OF WONDER, WHERE CHILDREN EXPERIENCE JOY AND LOVING RELATIONSHIPS, AND THE LEARNING APPROACH IS DESIGNED TO SUPPORT A LIFETIME OF GROWTH.Expenses $1,473,499 · revenue $107,924
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 81-3455705
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2017
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B20)
- Assets (IRS master file)
- $4,297,684
- Income (IRS master file)
- $1,982,879
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,982,879 | $2,478,716 | $4,297,684 | IRS |
| 990 | June 2024 | $1,826,211 | $2,113,060 | $4,475,742 | IRS |
| 990 | June 2023 | $1,834,293 | $1,725,165 | $4,764,156 | XML |
| 990 | June 2022 | $1,488,469 | $1,693,731 | $194,647 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990-EZ | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 81-3455705).
Questions about NEW LEARNING VENTURES INC
- What is the EIN of NEW LEARNING VENTURES INC?
- The employer identification number (EIN) of NEW LEARNING VENTURES INC is 81-3455705.
- Is NEW LEARNING VENTURES INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
- Are donations to NEW LEARNING VENTURES INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NEW LEARNING VENTURES INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of NEW LEARNING VENTURES INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NEW LEARNING VENTURES INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of NEW LEARNING VENTURES INC?
- The 990 for the year ended June 30, 2025 names ANDREW COLLINS.
- Who are the officers and directors of NEW LEARNING VENTURES INC?
- The 990 for the year ended June 30, 2025 lists 4 people; 1 received compensation from the organization, the highest $120,075 (ANDREW COLLINS, PRESIDENT/SE).
- How much revenue does NEW LEARNING VENTURES INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,982,879, expenses of $2,478,716 and total assets of $4,297,684 at year end.
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