SCHEDULE O
(Form 990)

Department of the Treasury
Internal Revenue Service
Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2023
Open to Public
Inspection
Name of the organization
NEW VENTURES INC
 
Employer identification number

58-1124234
Return Reference Explanation
FORM 990 - ORGANIZATION'S MISSION FOUNDED IN 1971, NEW VENTURES, INC. HAS BEEN SERVING TROUP COUNTY FOR 50 YEARS INITIALLY SERVING AS A SHELTERED WORKSHOP FOR THE WEST GEORGIA AREA, WE PROVIDED WORK PROGRAMS AND LEISURE ACTIVITIES FOR ADULTS WITH DEVELOPMENTAL DISABILITIES. IN RESPONSE 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 TO EMPLOYMENT. OTHER BARRIERS TO EMPLOYMENT MAY INCLUDE, BUT ARE NOT LIMITED TO, HOMELESSNESS, LACK OF EDUCATION, LACK OF WORK EXPERIENCE, 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.
FORM 990, PAGE 6, PART VI, LINE 11B THE BOARD OF DIRECTORS AUTHORIZES THE CEO TO REVIEW A "DRAFT" COPY OF THE PREPARED 990. UPON COMPLETION OF THE REVIEW, THE CEO PRESENTS THE DRAFT TO THE BOARD PRESIDENT FOR APPROVAL. AFTER APPROVAL THE FORM 990 IS THEN FILED.
FORM 990, PAGE 6, PART VI, LINE 12C BOARD DIRECTORS, KEY EMPLOYEES AND OFFICERS ARE REQUIRED TO DISCLOSE ANY INTEREST THAT COULD GIVE RISE TO CONFLICTS. COMPLIANCE WITH THIS POLICY IS CONTINUOUSLY MONITORED AND ENFORCED.
FORM 990, PAGE 6, PART VI, LINE 19 PROVIDED UPON REQUEST.
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 51056K
Schedule O (Form 990) 2023


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