World Ventures Inc
- Assets
- $262.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Woodburn, IN
- Founding
- 02/2003
- Data as of
- 12/2022
- EIN
- 47-0881735
Organization Overview
World Ventures Inc is located in Woodburn, IN. The organization was established in 2003. According to its NTEE Classification (Q30) the organization is classified as: International Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. World Ventures Inc 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 12/2022, World Ventures Inc generated $54.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (22.8%) each year. All expenses for the organization totaled $72.6k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (17.7%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Stephen Coats President | 1 | $0 | |
Ryan Bonner Vice President | 1 | $0 | |
Rick Gerig Treasurer | 1 | $0 | |
Taylor Beaty Secretary | 1 | $0 | |
Barry Steinman Director | 1 | $0 | |
Sam Birkey Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $52,355 |
| Total Program Service Revenue | $2,330 |
| Membership dues | $0 |
| Investment income | $157 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $54,842 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $540 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $2,423 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $7 |
| Other expenses | $25,610 |
| Total expenses | $72,580 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $185,592 |
| Other assets | $0 |
| Total assets | $262,775 |
| Total liabilities | $65,525 |
| Net assets or fund balances | $197,250 |