Wema Ventures is located in Pasadena, CA. The organization was established in 2014. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wema Ventures 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 12/2021, Wema Ventures generated $169.3k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $160.3k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
WEMA VENTURES 2021 990TRAINING AND EQUIPPING IN SPIRITUAL AND ECONOMIC DEVELOPMENTWEMA VENTURES PROVIDES TRAINING, EQUIPPING, FACILITATION AND OPPORTUNITIES IN ECONOMIC DEVELOPMENT PRIMARILY THROUGH VARIOUS SMALL TO MEDIUM BUSINESS VENTURES IN TANZANIA. WE PROVIDE MENTORING/COACHING TO LOCAL ENTREPRENEURS AND ON THE JOB TRAINING FOR MEN AND WOMEN IN A VARIOUS LOCAL LOCATIONS. WEMA IS INVOLVED IN VARIOUS BUSINESSES INCLUDING OIL SHOP, AUTO PARTS SHOPS, AUTO REPAIR SHOP, AND VARIOUS SMALL AGRICULTURAL VENTURES. WEMA IS ALSO ACTIVE IN THE SPIRITUAL FORMATION/GROWTH OF INDIVIDUALS THROUGH OUR SPHERES OF INFLUENCE.DURING 2021, A YEAR OF SOME SLOW-DOWN DUE TO THE PANDEMIC, WEMA VENTURES CONTINUED TO SUPPORT VARIOUS PROJECTS AND PROGRAMS THROUGH AT-DISTANCE COACHING AND ASSISTANCE, AND THROUGH IN-PERSON COLLABORATION AND CONSULTATION.SUPPORTED BASIC UTILITY VEHICLES (BUVS) IN THE FIELDTHESE BUVS SUPPORT CHILDRENS HOMES, LOCAL SCHOOLS, SECURING OF DRINKING WATER, CROPS TO MARKET FOR SUBSISTENCE FARMERS, MEDICAL CLINICS, LOCAL ENTREPRENEURIAL BUSINESSES, LOCAL FAMILIES OPERATING TRANSPORT SERVICES TO THEIR COMMUNITY.HOSTED INTERNATIONAL GUESTS WHO CAME TO SUPPORT, LEARN FROM AND/OR SERVE WEMAFACILITATED/ASSISTED JOB SKILL DEVELOPMENT IN METALWORKFACILITATED/ASSISTED JOB SKILL DEVELOPMENT IN AUTO MECHANICSFACILITATED/ASSISTED JOB SKILL DEVELOPMENT IN WELDINGTRAINING OF LOCAL MANAGEMENT STAFF IN TANZANIAFACILITATED/ASSISTED EXPANSION OF POULTRY (MEAT AND EGGS) PROJECTFACILITATED/ASSISTED EXPANSION OF DAIRY PROJECTONGOING EFFORTSONGOING ASSISTANCE TO AND TRAINING OF NEW LOCAL ENTREPRENEURIAL EFFORTSCONSULTATION WORK WITH YOUNG AGRICULTURAL BUSINESSMANAGEMENT SUPPORT WITH LOCAL POULTRY VACCINATION PROGRAMONGOING SUPPORT/FACILITATION OF BEEKEEPING PROGRAMONGOING SUPPORT/FACILITATION AND EXPANSION OF POULTRY PROJECTONGOING SUPPORT/FACILITATION OF SMALL SCALE DAIRY PROJECTONGOING SUPPORT/FACILITATION OF SUSTAINABLE AGRICULTURE MODELING THROUGH LAND RESTORATION PROJECTSSPIRITUAL FORMATION/DEVELOPMENTPREACHED AT ARUSHA COMMUNITY CHURCH, TANZANIA, TWICE (APPROXIMATELY 200+ CONGREGANTS IN ATTENDANCE EACH TIME) PRODUCED 4 WEEKS OF DEVOTIONAL SOCIAL MEDIA POSTS FOR 24-7PRAYERS ORDER OF THE MUSTARD SEED LED MONTHLY ONLINE SPIRITUALLY DEVELOPMENTAL WRITING GROUPS FOR INTERNATIONAL WOMENSPOKE AT ONLINE GATHERING OF LAKE AVE CHURCH ADULT SUNDAY SCHOOL CLASSHOSTED AND LED EASTER GATHERING WITH EXPATSLED/FACILITATED TWO DAY SPIRITUAL RETREAT FOR INTERNATIONAL DEVELOPMENT ORGANIZATION IN TANZANIAHOSTED AND PROVIDED 5 DAYS OF SUPPORT, RETREAT AND MENTORING TO CHURCH PLANTING MISSIONARY ON SABBATICALADVISED/ASSISTED/PARTNERED TO FURTHER DEVELOP LOCAL COMMUNITY CENTER SUPPORTING FAMILIES THROUGH SPIRITUAL, MENTAL AND PRACTICAL SUPPORT, INCLUDING PRODUCING 25 WEEKS OF INFORMATIVE SOCIAL MEDIA POSTSFURTHER DEVELOPMENT OF LEADERS OF 24-7PRAYER WEMAS CONTRIBUTION TO GLOBAL STAFFS EMOTIONAL AND SPIRITUAL DEVELOPMENT, INCLUDING CALLS WITH LEADERS AND POTENTIAL PARTNERS IN OTHER AFRICAN NATIONSPARTNERED WITH 24-7PRAYER TO MENTOR CANDIDATES GOING THROUGH THEIR LEADERSHIP PATHWAY AND THE ORDER OF THE MUSTARD SEED YEAR OF PREPARATION ADVISING/SUPPORTING YOUNGER COUPLE STARTING INTO CROSS CULTURAL MINISTRYFACILITATED LOCAL PRAYER AND SPIRITUAL LIFE GROUPS IN US AND TZREMOTE CONSULTING/ENCOURAGING WITH LIKE-MINDED PRACTITIONERSPROVIDED ONGOING COUNSELING WITH INDIVIDUALS AND COUPLESEDUCATION/DEVELOPMENT/ENVIRONMENTAL CAREEXTENSIVE WORK DONE IN LAND RESTORATION, TEACHING BY EXAMPLE REGARDING RESTORATION EFFORTS WHERE LAND HAS BEEN SEVERELY ABUSED AND DEGRADED THROUGH OVER GRAZING AND BAD AGRICULTURAL PRACTICES, RESULTING IN DESTRUCTIVE EROSION AND LOSS OF LAND VALUE. DESIGNED AND COMPLETED MORE WATER CATCHMENT DAMS AND PONDS FOR RAIN HARVESTING, TERRACING, AND RUN-OFF MANAGEMENT. TOURED INTERESTED PARTIES AROUND THE WORK, INCLUDING ENVIRONMENTAL ORGANIZATIONS AND LOCAL LEADERSHOSTED KENYAN MAASAI LEADERS FROM LOITA HILLS FOR THREE NIGHTS OF TRAINING, LEARNING AND BRAINSTORMING DEVELOPMENT IDEAS FOR THEIR COMMUNITYAID/COMMUNITY DEVELOPMENTCONTINUED ADVISORY RELATIONSHIP WITH U.S. MEDICAL TEAM THAT COMES TO TZ EVERY OTHER YEAR, PROVIDING MEDICAL RELIEF FOR HUNDREDS OF PATIENTS DURING EACH VISIT, MEETING WITH THEIR BOARD SEVERAL TIMES AND PARTICIPATING IN THEIR MAJOR FUNDRAISING EVENTSPONSORED LOCAL SOCCER TEAM PROVIDED EDUCATIONAL GRANTS TO LOCAL PRIMARY STUDENTSMICRO-LOANS OUT TO LOCAL INDIVIDUALS TO HELP BUILD HOMES AND DEVELOP BUSINESSESPARTICIPATED IN MULTIPLE PRAYER INITIATIVES FOR USA AND AFRICAFURTHERING THE CAUSEREPRESENTED WEMA AT ON-LINE INTERNATIONAL GATHERING OF 24-7PRAYER, 15,000 PARTICIPANTS FROM 120+ NATIONSINTERNET PRESENCE FOR WEMA VENTURES, MAINTAINING WEBSITE AND BLOG, FACEBOOK, TWITTER AND INSTAGRAMFUNDRAISING AND DONOR DEVELOPMENT, CORRESPONDENCE AND IN PERSON MEETINGSSPOKE AT ONLINE GATHERING OF GLOBAL MISSIONS COMMUNITY AT LAKE AVE CHURCHPARTICIPATED IN FURTHER TRAINING OF OUR OWN STAFF THROUGH STUDY, WEBINARS, PODCASTS AND BOOKS ON TOPICS RELATED TO OUR WORK, AS WELL AS SPIRITUAL DEVELOPMENT AND SUPPORT THROUGH CONFERENCES AND GATHERINGSDONOR RELATIONS WORKRAISING AWARENESS OF WEMAS WORK AMONG CHURCHES IN THE UNITED STATES, EUROPE AND EAST AFRICA
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Lisa Borden Director | 40 | $82,156 | |
Steve Denler Director | 1 | $0 | |
Sharon Ball Chairperson | 1 | $0 | |
John Lewis Director | 1 | $0 | |
Byron Borden President | 40 | $0 | |
Daniel Klein Secretary | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $169,276 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $169,276 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $102,412 |
Professional fees and other payments to independent contractors | $14,209 |
Occupancy, rent, utilities, and maintenance | $9,256 |
Printing, publications, postage, and shipping | $2,059 |
Other expenses | $32,395 |
Total expenses | $160,331 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $54,832 |
Other assets | $0 |
Total assets | $54,832 |
Total liabilities | $354 |
Net assets or fund balances | $54,478 |
Over the last fiscal year, we have identified 1 grants that Wema Ventures has recieved totaling $105.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $105 |
Organization Name | Assets | Revenue |
---|---|---|
T E R I Inc Oceanside, CA | $30,038,706 | $24,071,259 |
Bibleproject Portland, OR | $22,318,162 | $14,590,233 |
New Life Worship Ministries Inc Scottsdale, AZ | $1,015,217 | $4,541,172 |
Catholic Charities Of The Diocese Of Oakland Oakland, CA | $39,560,106 | $13,377,446 |
Canal Alliance San Rafael, CA | $13,209,485 | $13,069,505 |
Alliance For Housing And Healing Los Angeles, CA | $3,099,540 | $10,429,736 |
Fred Maytag Family Foundation San Francisco, CA | $67,782,266 | $1,530,855 |
Voice Of Prophecy Riverside, CA | $11,402,103 | $7,152,408 |
Science And Nonduality Sebastopol, CA | $5,779,504 | $9,674,990 |
College Golf Fellowship Roseville, CA | $4,740,992 | $5,717,609 |
Associated Builders & Contractors Of Southern California Anaheim, CA | $3,214,682 | $4,513,844 |
Domestic Violence Action Center Honolulu, HI | $7,468,123 | $5,543,164 |