Adventure Project Corp is located in New York, NY. The organization was established in 2010. According to its NTEE Classification (Q32) the organization is classified as: International Economic Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 10/2021, Adventure Project Corp employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Adventure Project Corp is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 10/2021, Adventure Project Corp generated $695.1k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.7% each year. All expenses for the organization totaled $761.1k during the year ending 10/2021. While expenses have increased by 7.6% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Adventure Project Corp has awarded 32 individual grants totaling $1,470,178. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO "ADD VENTURE" CAPITAL TO END EXTREME POVERTY BY SUPPORTING ENTREPRENEURS IN DEVELOPING COUNTRIES TO CREATE JOBS AND BUILD LOCAL CAPACITY TO SOLVE SOME OF THE WORLD'S GREATEST PROBLEMS AFFECTING THE ENVIRONMENT, HEALTH, HUNGER, AND WATER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WATER: OVER ONE-THIRD OF ALL WELLS DRILLED IN THE LAST TWENTY YEARS ARE NOW BROKEEN-- 50,000 ARE CURRENTLY BROKEN IN AFRICA ALONE. WE ARE WORKING WITH WATER FOR PEOPLE TO TRAIN LOCAL WELL MECHANICS TO FIX AND MAINTAIN WELLS IN UGANDA, AS WELL AS BUILD PIPELINES TO FAMILIES' HOMES. MECHANICS, WATER OPERATORS, AND CARETAKERS EARN INCOME FROM THEIR COMMUNITIES. TO DATE, WE HAVE REHABILITATED 71 WELLS AND CONSTRUCTED ONE PIPED WATER SYSTEM, AND TWO TAP STANDS IN KAMWENGE DISTRICT IN UGANDA, BRINGING CLEAN WATER TO OVER 893,351 PEOPLE AND CREATING JOBS FOR 317 WELL MECHANICS, CARETAKERS, WELL CHAIRPERSONS, WATER OPERATORS, AND WATER ENTREPRENEURS.
HUNGER: 80% OF THE POOR SUB-SAHARAN AFRICA WORK AS RURAL FARMERS. EACH NIGHT, 75% OF THEIR CHILDREN GO HUNGRY BECAUSE THEY STRUGGLE TO GROW ENOUGH TO FEED THEIR FAMILIES. WE EQUIP FARMERS WITH IRRIGATION PUMPS AND DROUGHT-RESISTANT SEEDS. 12-15 MILLION FARMERS IN AFRICA WOULD BENEFIT FROM IRRIGATION. ONE IRRIGATION PUMP IN KENYA CAN LIFT A FARMER AND HIS FAMILY OUT OF POVERTY AND INTO THE MIDDLE CLASS IN AS LITTLE AS ONE HARVEST. IN MALAWI, FARMERS ARE EQUIPPED WITH ALL THE TOOLS AND SKILLS NEEDED TO MOVE TO CLIMATE-RESISTANT CROPS THAT SURVIVE LONG DROUGHTS. ON AVERAGE, EACH FARMER GROWS ENOUGH TO SELL PRODUCE TO 50 COMMUNITY MEMBERS AND EARNS ENOUGH TO SEND ONE CHILD TO SCHOOL FOR THE FIRST TIME. TO DATE, WE HAVE HIRED AND SUPPORTED 1,005 FARMERS IN KENYA AND MALAWI, FEEDING 74,150 PEOPLE IN THEIR COMMUNITIES.
HEALTH: EVERY MINUTE, SIX CHILDREN DIE IN THE DEVELOPING WORLD BECAUSE THEY DO NOT HAVE ACCESS TO BASIC MEDICINES???TREATMENTS THAT COSTS LESS THAN A CUP OF COFFEE. WE TRAIN LOCAL LEADERS TO BECOME COMMUNITY HEALTH WORKERS SO THEY CAN EARN A LIVING SELLING OVER 60 PRODUCTS AT AFFORDABLE PRICES. EACH PERSON CARES FOR APPROXIMATELY 800 PEOPLE IN THEIR COMMUNITY, GIVING SPECIAL ATTENTION TO PREGNANT MOTHERS AND YOUNG CHILDREN. HEALTH CARE WORKERS HAVE REDUCED CHILD MORTALITY BY 25% IN THEIR COMMUNITIES. TO DATE, WE HAVE TRAINED 439 COMMUNITY HEALTH WORKERS IN KENYA, TOGO, AND UGANDA, PROVIDING CARE FOR 365,098 PEOPLE IN THEIR COMMUNITIES.
WATER: OVER ONE-THIRD OF ALL WELLS DRILLED IN THE LAST TWENTY YEARS ARE NOW BROKEEN-- 50,000 ARE CURRENTLY BROKEN IN AFRICA ALONE. WE ARE WORKING WITH WATER FOR PEOPLE TO TRAIN LOCAL WELL MECHANICS TO FIX AND MAINTAIN WELLS IN UGANDA, AS WELL AS BUILD PIPELINES TO FAMILIES' HOMES. MECHANICS, WATER OPERATORS, AND CARETAKERS EARN INCOME FROM THEIR COMMUNITIES. TO DATE, WE HAVE REHABILITATED 71 WELLS AND CONSTRUCTED ONE PIPED WATER SYSTEM, AND TWO TAP STANDS IN KAMWENGE DISTRICT IN UGANDA, BRINGING CLEAN WATER TO OVER 893,351 PEOPLE AND CREATING JOBS FOR 317 WELL MECHANICS, CARETAKERS, WELL CHAIRPERSONS, WATER OPERATORS, AND WATER ENTREPRENEURS.
HUNGER: 80% OF THE POOR SUB-SAHARAN AFRICA WORK AS RURAL FARMERS. EACH NIGHT, 75% OF THEIR CHILDREN GO HUNGRY BECAUSE THEY STRUGGLE TO GROW ENOUGH TO FEED THEIR FAMILIES. WE EQUIP FARMERS WITH IRRIGATION PUMPS AND DROUGHT-RESISTANT SEEDS. 12-15 MILLION FARMERS IN AFRICA WOULD BENEFIT FROM IRRIGATION. ONE IRRIGATION PUMP IN KENYA CAN LIFT A FARMER AND HIS FAMILY OUT OF POVERTY AND INTO THE MIDDLE CLASS IN AS LITTLE AS ONE HARVEST. IN MALAWI, FARMERS ARE EQUIPPED WITH ALL THE TOOLS AND SKILLS NEEDED TO MOVE TO CLIMATE-RESISTANT CROPS THAT SURVIVE LONG DROUGHTS. ON AVERAGE, EACH FARMER GROWS ENOUGH TO SELL PRODUCE TO 50 COMMUNITY MEMBERS AND EARNS ENOUGH TO SEND ONE CHILD TO SCHOOL FOR THE FIRST TIME. TO DATE, WE HAVE HIRED AND SUPPORTED 1,005 FARMERS IN KENYA AND MALAWI, FEEDING 74,150 PEOPLE IN THEIR COMMUNITIES.
HEALTH: EVERY MINUTE, SIX CHILDREN DIE IN THE DEVELOPING WORLD BECAUSE THEY DO NOT HAVE ACCESS TO BASIC MEDICINES???TREATMENTS THAT COSTS LESS THAN A CUP OF COFFEE. WE TRAIN LOCAL LEADERS TO BECOME COMMUNITY HEALTH WORKERS SO THEY CAN EARN A LIVING SELLING OVER 60 PRODUCTS AT AFFORDABLE PRICES. EACH PERSON CARES FOR APPROXIMATELY 800 PEOPLE IN THEIR COMMUNITY, GIVING SPECIAL ATTENTION TO PREGNANT MOTHERS AND YOUNG CHILDREN. HEALTH CARE WORKERS HAVE REDUCED CHILD MORTALITY BY 25% IN THEIR COMMUNITIES. TO DATE, WE HAVE TRAINED 439 COMMUNITY HEALTH WORKERS IN KENYA, TOGO, AND UGANDA, PROVIDING CARE FOR 365,098 PEOPLE IN THEIR COMMUNITIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Rebecca Straw Executive Dir. | OfficerTrustee | 40 | $83,333 |
Jody Landers Director | Trustee | 0 | $1,776 |
Amanda Beisel Treasurer | OfficerTrustee | 0 | $0 |
Brady Norvall President | OfficerTrustee | 0 | $0 |
Cassie Stewart Secretary | OfficerTrustee | 0 | $0 |
Shawn Budde Director | Trustee | 0 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $560,100 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $560,100 |
Total Program Service Revenue | $0 |
Investment income | $14 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $2,315 |
Miscellaneous Revenue | $0 |
Total Revenue | $695,095 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $290,563 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $55,455 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $175,833 |
Compensation of current officers, directors, key employees. | $23,125 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $16,604 |
Payroll taxes | $14,844 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $21,109 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $59,294 |
Advertising and promotion | $39,462 |
Office expenses | $20,546 |
Information technology | $22,001 |
Royalties | $0 |
Occupancy | $423 |
Travel | $35 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $172 |
Interest | $449 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $18,000 |
Insurance | $1,280 |
All other expenses | $0 |
Total functional expenses | $761,070 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $57,385 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $3,173 |
Prepaid expenses and deferred charges | $201 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $1,500 |
Other assets | $0 |
Total assets | $62,259 |
Accounts payable and accrued expenses | $2,105 |
Grants payable | $165,455 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $167,560 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | -$105,301 |
Total liabilities and net assets/fund balances | $62,259 |
Over the last fiscal year, Adventure Project Corp has awarded $680,946 in support to 16 organizations.
Grant Recipient | Amount |
---|---|
New York, NY | | $100,000 |
New York, NY | | $100,000 |
Medway, MA | | $50,018 |
Medway, MA | | $50,018 |
Greenwood Village, CO | | $50,000 |
New York, NY | | $50,000 |
Over the last fiscal year, we have identified 2 grants that Adventure Project Corp has recieved totaling $84,600.
Awarding Organization | Amount |
---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: INTERNATIONAL, FOREIGN AFFAIRS | $81,600 |
Haimes Family Foundation Old Greenwich, CT PURPOSE: GENERAL OPERATING SUPPORT | $3,000 |
Organization Name | Assets | Revenue |
---|---|---|
C I S Development Foundation Inc East Brunswick, NJ | $9,322,702 | $62,866,043 |
Polish-American Freedom Foundation New York, NY | $332,912,578 | $20,651,430 |
Omidyar-Tufts Microfinance Fund Somerville, MA | $114,828,830 | -$1,213,909 |
Dress For Success Worldwide New York, NY | $9,765,263 | $14,118,582 |
Endeavor Global Inc New York, NY | $17,758,887 | $22,239,624 |
Mennonite Economic Development Associates Lancaster, PA | $26,265,593 | $14,802,817 |
Financial Services Volunteer Corps Inc New York, NY | $4,338,276 | $8,058,219 |
Romanian American Foundation New York, NY | $151,764,693 | $36,392,050 |
Nest Inc New York, NY | $5,296,909 | $4,810,117 |
Cerge-Ei Foundation New York, NY | $13,211,124 | $3,287,220 |
Junior Achievement Of New York New York, NY | $4,177,610 | $3,603,746 |
Junior Achievement Usa Bridgeville, PA | $5,474,447 | $2,637,956 |