Novella Center for Entrepreneurship by Conscious Venture LAB Inc
Donations deductibleRevenue
$301k
year to 31 December 2024
Expenses
$354k
year to 31 December 2024
Total assets
$111k
$0 liabilities
Net assets
$111k
assets less liabilities
Directors and trustees
3
4.4y av
Staff
0
employees, year to 31 December 2024
Left since last filing
0
no seats appear to have opened
Officers and senior staff
1
named in Part VII
Novella Center for Entrepreneurship by Conscious Venture LAB Inc's network
3 people2 organisationsi3 people and 2 organisations on this map.The large node is the subject of this page. Solid lines are what the register itself records (3). Violet dotted lines (2) are likely: the same full name sits on the current board of another organisation in the same register and region. Form 990 filings give names without a person identifier; SEC insider filings carry a CIK. It may be a different person.The board
3 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations in the tables. The network map shows same-name matches as likely links only, never as confirmed.Tenure and departures are observed across annual filings. Observed tenure is a lower bound - a member may have joined before the first year on record. The organisation reported 3 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.| Name | Role as filed | Since | On the board |
|---|---|---|---|
| Jeffrey Cherry | President | 2022 | 4 yrs |
| Julie Lenzer | Director | 2022 | 4 yrs |
| L Content McLaughlin | VP and Secre | 2022 | 4 yrs |
Under 5 years5 to 6 years6 years or more
Officers and senior leadership
1 listediNamed in Part VII as officers, key employees or highest-compensated staff - not board members, shown for completeness.| Name | Title as filed | On the filings |
|---|---|---|
| Joseph Valis | Treasurer | since 2022 |
Pay and hours
year to 31 December 2024iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.| Name | Title as filed | Hours a week | Pay from the organisation | Related organisations | Other |
|---|---|---|---|---|---|
| Jeffrey Cherry | President | $0 | |||
| Julie Lenzer | Director | $0 | |||
| L Content McLaughlin | VP and Secre | $0 | |||
| Joseph Valis | Treasurer | $0 |
No pay was reported for anyone in Part VII on this return.
About
- Legal name
- Novella Center for Entrepreneurship By Conscious Venture Lab Inc
- EIN
- 834583974
- Address
- 901 S Bond St Ste 203, Baltimore, MD, 21231-3339
- State
- Maryland
- 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. (as filed on the Form 990)
- Activity (NTEE)
- S20 Community improvement and capacity building
- IRS classification
- 501(c)03 (tax-exempt under section 501(c)(3) where shown)
- Classified purpose
- Community Improvement & Capacity Building
- Size band
- 4 (IRS master file code)
- Formed
- 2019
- Principal officer
- Jeffrey Cherry (as named on the Form 990)
- IRS ruling date
- 1 June 2022
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 3, latest 2024
- IRS Publication 78
- PC (contributions deductible)
Most connected
Longest observed on the filings
≥4years on the filingsJeffrey Cherry
≥4years on the filingsJulie Lenzer
≥4years on the filingsL Content McLaughlin
Latest return
year to 31 December 2024iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 December 2024. US dollars, as filed.- Total assets
- $111k
- Total liabilities
- $0
- Net assets or fund balances
- $111k
- Contributions and grants received
- $201k
- Program service revenue
- $100k
- Employees
- 0
Filed finances
1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.| Tax year | Total revenue | Total expenses | Surplus or deficit |
|---|---|---|---|
| 2024 | $301k | $354k | Deficit $53k |
As filed on the IRS Form 990. US dollars.