Adventure Project Corp
- Assets
- $10.4k
- Revenue
- $588.8k
- Investments
- $0.0
- Employees
- 2
- Location
- New York, NY
- Founding
- 12/2010
- Data as of
- 10/2022
- EIN
- 27-3809595
Organization Overview
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 10/2022, Adventure Project Corp employed 2 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 10/2022, Adventure Project Corp generated $588.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $876.5k during the year ending 10/2022. While expenses have increased by 8.6% per year over the past 7 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 45 individual grants totaling $2,195,651. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ADVENTURE PROJECT EMPOWERS ENTIRE COMMUNITIES IN AFRICA TO WORK THEIR OWN WAY OUT OF EXTREME POVERTY, FOR GOOD. WE ENVISION A WORLD IN WHICH EVERY PERSON HAS THE OPPORTUNITY TO WORK, THRIVE, AND BUILD A BETTER FUTURE FOR THEIR CHILDREN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
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.
ENVIRONMENT: COOKING OVER OPEN FIRES IS ONE OF THE WORLD'S BIGGEST, BUT LEAST KNOWN KILLERS. 4.3 MILLION PEOPLE DIE EACH YEAR FROM BREATHING IN TOXIC COOKING SMOKE. STOVES ARE MADE LOCALLY AND SOLD BY MEN AND WOMEN IN KENYA. BOTH MASONS AND VENDORS EARN A COMMISSION FOR EVERY SALE. EACH STOVE SAVES A FAMILY 20 OF THEIR DAILY EXPENSES BECAUSE THEY USE 50 LESS CHARCOAL PER DAY. ONE STOVE SAVES SIX TREES FROM BEING TURNED INTO CHARCOAL EACH YEAR AND REDUCES CARBON EMISSIONS BY 1.5 TONS. TO DATE, WE HAVE CREATED JOBS FOR 461 STOVE ENTREPRENEURS IN HAITI, KENYA, AND TANZANIA. THEY HAVE MANUFACTURED 468,217 CHARCOAL-EFFICIENT STOVES, IMPACTING OVER 565,665 PEOPLE.
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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Pelehach Chief Growth Officer | 40 | $127,292 | |
Terri Nicole Yates Deputy Director | 40 | $95,423 | |
Rebecca Straw Executive Dir. | OfficerTrustee | 40 | $72,353 |
Amanda Beisel Treasurer | OfficerTrustee | 0.5 | $0 |
Shawn Budde Director | Trustee | 0.5 | $0 |
Adrienne Dorison Director | Trustee | 0.5 | $0 |
Financial Statements
| 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 | $584,083 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $584,083 |
| Total Program Service Revenue | $0 |
| Investment income | $5 |
| 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 | $4,697 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $588,785 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $300,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $85,000 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $288,174 |
| Compensation of current officers, directors, key employees. | $25,880 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $21,074 |
| Payroll taxes | $23,688 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $30,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $50,405 |
| Advertising and promotion | $26,925 |
| Office expenses | $18,325 |
| Information technology | $24,988 |
| Royalties | $0 |
| Occupancy | $1,073 |
| Travel | $155 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $398 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,500 |
| Insurance | $826 |
| All other expenses | $0 |
| Total functional expenses | $876,454 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,309 |
| 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 | $4,072 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $10,381 |
| Accounts payable and accrued expenses | $13,753 |
| Grants payable | $390,000 |
| 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 | $403,753 |
| 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 | -$393,372 |
| Total liabilities and net assets/fund balances | $10,381 |
Grants Awarded
Over the last fiscal year, Adventure Project Corp has awarded $385,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
INTEGRATE HEALTH | | | $100,000 |
LIVING GOODS | | | $50,000 |
MUKURU CLEAN STOVES | | | $85,000 |
KICKSTART | | | $75,000 |
SAHA GLOBAL | | | $75,000 |