Global Venture Inc
- Assets
- $9.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 2
- Location
- Winston Salem, NC
- Founding
- 03/1984
- Data as of
- 12/2023
- EIN
- 56-1284058
Organization Overview
Global Venture Inc is located in Winston Salem, NC. The organization was established in 1984. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 12/2023, Global Venture Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Global Venture 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 12/2023, Global Venture Inc generated $96.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.1% each year. All expenses for the organization totaled $121.3k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
FUNDS USED IN INDIA FOR PREACHING AND TEACHING THE GOSEPL OF JESUS CHRIST, TO COVER EXPENSES OF CRUSADES AND HELP FOR THE POOR AND NEEDY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Priyadarshini Chelladurai President | 40 | $0 | |
Don C Rayfield Vice President | 10 | $0 | |
Beverly T Rayfield Sec/treas | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $117,804 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | -$20,977 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $96,827 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $43,750 |
| Professional fees and other payments to independent contractors | $295 |
| Occupancy, rent, utilities, and maintenance | $988 |
| Printing, publications, postage, and shipping | $269 |
| Other expenses | $76,045 |
| Total expenses | $121,347 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $9,016 |
| Other assets | $0 |
| Total assets | $9,016 |
| Total liabilities | $0 |
| Net assets or fund balances | $9,016 |