Extraordinary Ventures, Inc.
Extraordinary Ventures, Inc.
EIN: 11-3808390
as of December 2022
as of December 12, 2022
Programs and results
What we aim to solve
Our programs
What are the organization's current programs, how do they measure success, and who do the programs serve?
Extraordinary Ventures
Based in Chapel Hill, NC, we create employment opportunities for neurodiverse adults to address the employment gap for these individuals. EV is not a social program. Instead, we are a company operating on a true business model to produce high-quality goods and services that meet the real needs of the community. Our portfolio of different businesses allows us to provide the diversification needed to meet the abilities and interests of our employees.
Event Center
Our Event Center offers premium, flexible space for a variety of events throughout the year. Conveniently located in Chapel Hill, NC with ample on-site parking, the Event Center is ideal for hosting conferences, business meetings, weddings, and social affairs. We create employment opportunities for neurodiverse adults to address the employment gap for these individuals.
EV Laundry
EV Laundry offers top quality wash/dry/fold services with free pickup and delivery to students on UNC campus, local residents, and commercial establishments in the greater Chapel Hill, NC area. Our customers rave about our attention to detail and impeccable work. We create employment opportunities for neurodiverse adults to address the employment gap for these individuals.
EV Gifts
The EV Gifts team creates handmade and artistic gift products including candles, soaps, lip balm, and other high-quality items available online and in select retail locations. Based in Chapel Hill, NC, we create employment opportunities for neurodiverse adults to address the employment gap for these individuals.
EV Office Solutions
We manage regular mailing operations for dozens of small and medium-sized businesses in the Research Triangle region of North Carolina, utilizing state-of-the-art equipment and processes for fast and dependable service. We create employment opportunities for neurodiverse adults to address the employment gap for these individuals.
EV Pets
We offer a professional dog walking and cat sitting service with a personal touch. EV Pets assists owners throughout the Chapel Hill, Carrboro, and Hillsborough, NC areas. We create employment opportunities for neurodiverse adults to address the employment gap for these individuals.
Where we work
External reviews

Financials
Revenue vs. expenses: breakdown
Liquidity in 2019 info
2.23
Months of cash in 2019 info
2.9
Fringe rate in 2019 info
8%
Funding sources info
Assets & liabilities info
Extraordinary Ventures, Inc.
Revenue & expensesFiscal Year: Jan 01 - Dec 31
SOURCE: IRS Form 990
Extraordinary Ventures, Inc.
Balance sheetFiscal Year: Jan 01 - Dec 31
SOURCE: IRS Form 990
The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.
Fiscal Year: Jan 01 - Dec 31
SOURCE: IRS Form 990
This snapshot of Extraordinary Ventures, Inc.’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.
Created in partnership with
Business model indicators
Profitability info | 2015 | 2016 | 2017 | 2018 | 2019 |
---|---|---|---|---|---|
Unrestricted surplus (deficit) before depreciation | $16,904 | $20,224 | $35,150 | $45,251 | $11,328 |
As % of expenses | 2.3% | 2.5% | 4.2% | 4.5% | 1.0% |
Unrestricted surplus (deficit) after depreciation | -$7,731 | $449 | $18,773 | $31,088 | -$913 |
As % of expenses | -1.0% | 0.1% | 2.2% | 3.1% | -0.1% |
Revenue composition info | |||||
---|---|---|---|---|---|
Total revenue (unrestricted & restricted) | $743,791 | $828,338 | $870,567 | $1,046,061 | $1,174,913 |
Total revenue, % change over prior year | 12.6% | 11.4% | 5.1% | 20.2% | 12.3% |
Program services revenue | 68.3% | 73.8% | 78.8% | 78.2% | 84.1% |
Membership dues | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Investment income | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Government grants | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
All other grants and contributions | 31.7% | 26.2% | 21.2% | 21.9% | 15.9% |
Other revenue | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Expense composition info | |||||
---|---|---|---|---|---|
Total expenses before depreciation | $728,010 | $805,346 | $838,490 | $1,000,810 | $1,163,585 |
Total expenses, % change over prior year | 13.6% | 10.6% | 4.1% | 19.4% | 16.3% |
Personnel | 46.4% | 48.9% | 43.0% | 37.1% | 32.1% |
Professional fees | 1.2% | 1.4% | 0.6% | 0.7% | 1.0% |
Occupancy | 17.6% | 16.6% | 17.6% | 15.6% | 14.1% |
Interest | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Pass-through | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
All other expenses | 34.8% | 33.1% | 38.8% | 46.6% | 52.9% |
Full cost components (estimated) info | 2015 | 2016 | 2017 | 2018 | 2019 |
---|---|---|---|---|---|
Total expenses (after depreciation) | $752,645 | $825,121 | $854,867 | $1,014,973 | $1,175,826 |
One month of savings | $60,668 | $67,112 | $69,874 | $83,401 | $96,965 |
Debt principal payment | $0 | $0 | $0 | $0 | $0 |
Fixed asset additions | $0 | $0 | $0 | $0 | $34,234 |
Total full costs (estimated) | $813,313 | $892,233 | $924,741 | $1,098,374 | $1,307,025 |
Capital structure indicators
Liquidity info | 2015 | 2016 | 2017 | 2018 | 2019 |
---|---|---|---|---|---|
Months of cash | 1.7 | 2.0 | 3.3 | 2.7 | 2.9 |
Months of cash and investments | 1.7 | 2.0 | 3.3 | 2.7 | 2.9 |
Months of estimated liquid unrestricted net assets | 2.3 | 2.3 | 2.7 | 2.7 | 2.1 |
Balance sheet composition info | 2015 | 2016 | 2017 | 2018 | 2019 |
---|---|---|---|---|---|
Cash | $102,289 | $133,118 | $228,731 | $228,220 | $278,318 |
Investments | $0 | $0 | $0 | $0 | $0 |
Receivables | $64,777 | $36,396 | $51,482 | $96,776 | $77,181 |
Gross land, buildings, equipment (LBE) | $244,539 | $250,024 | $250,024 | $249,170 | $283,403 |
Accumulated depreciation (as a % of LBE) | 63.4% | 69.9% | 76.4% | 79.6% | 74.3% |
Liabilities (as a % of assets) | 14.4% | 9.3% | 29.1% | 28.2% | 36.6% |
Unrestricted net assets | $227,600 | $228,049 | $246,822 | $277,910 | $276,997 |
Temporarily restricted net assets | $305 | $3,073 | $0 | $0 | N/A |
Permanently restricted net assets | $0 | $0 | $0 | $0 | N/A |
Total restricted net assets | $305 | $3,073 | $0 | $0 | $0 |
Total net assets | $227,905 | $231,122 | $246,822 | $277,910 | $276,997 |
Key data checks
Key data checks info | 2015 | 2016 | 2017 | 2018 | 2019 |
---|---|---|---|---|---|
Material data errors | No | No | No | No | No |
Operations
The people, governance practices, and partners that make the organization tick.
Documents
Principal Officer
Lisa Kaylie
Number of employees
Source: IRS Form 990
Extraordinary Ventures, Inc.
Officers, directors, trustees, and key employeesSOURCE: IRS Form 990
Compensation data
There are no highest paid employees recorded for this organization.
Extraordinary Ventures, Inc.
Board of directorsas of 01/24/2023
Board of directors data
Daniel Hatley
Susan Lombardo
Daniel Hatley
Aleck Meyers
Nicole Strebel
Gregg Ireland
Laura Klinger
Edward Bedford
Tom Kuell
Organizational demographics
Who works and leads organizations that serve our diverse communities? GuideStar partnered on this section with CHANGE Philanthropy and Equity in the Center.
Leadership
The organization's leader identifies as:
Race & ethnicity
No data
Gender identity
No data
No data
Sexual orientation
No data
Disability
No data