2024-11-15T18:26:09-05:00 2023-12-31 990 2023-01-01 454000615 SWITCHBOARD VENTURES INC % Michael Cox SWIT 7133059869 16107 KENSINGTON DR SUITE 276 SUGAR LAND TX 77479 Michael Cox President 2024-11-15 2023 2024-10-15 13:58:12Z Michael Cox 507 E HILLARY CIR SUGAR LAND TX 774983097 233396 false X X 2011 TX SWITCHBOARD VENTURES IS A NOT FOR PROFIT CORPORATION ORGANIZED FOR THE RELIEF OF THE POOR DISTRESSED AND UNDERPRIVILEGED BY MEANS OF SMALL BUSINESS INVESTMENT LOANS AND CONSULTING IN EMERGING AND DEVELOPING COUNTRIES. 3 2 2 0 0 0 223403 233396 0 0 0 0 0 0 223403 233396 0 0 0 0 147135 162826 0 0 27680 97547 685572 244682 848398 -21279 -615002 1036824 424399 8546 11123 1028278 413276 SWITCHBOARD VENTURES IS A NOT FOR PROFIT CORPORATION ORGANIZED FOR THE RELIEF OF THE POOR DISTRESSED AND UNDERPRIVILEGED BY MEANS OF SMALL BUSINESS INVESTMENT LOANS AND CONSULTING IN EMERGING AND DEVELOPING COUNTRIES. false true 686695 0 0 BUSINESS CONSULTING SERVICES: SWITCHBOARD VENTURES PROVIDED CONSULTING SERVICES IN DIFFERENT AREAS OF BUSINESS FORMATION AND OPERATION FOR ORGANIZATIONS AND OR INDIVIDUALS LOOKING TO START BUSINESSES THAT BENEFIT THE POOR DISTRESSED AND UNDERPRIVILEGED IN DEVELOPING COUNTRIES AROUND THE WORLD. SWITCHBOARD VENTURES PROVIDED CONSULTING ACTIVITIES THAT SERVE TO PROVIDE BUSINESS ACUMEN TO ENTREPRENEURS LOOKING TO START BUSINESSES IN DEVELOPING NATIONS OR EXISTING BUSINESSES LOOKING FOR STRATEGIC DIRECTION IN A CERTAIN BUSINESS DISCIPLINE SUCH AS MARKETING BUSINESS DEVELOPMENT ACCOUNTING FINANCE ETC. THE OBJECTIVE IS FOR SWITCHBOARD VENTURES CONSULTING SERVICES TO SPUR BUSINESS CREATION AND GROWTH THUS CREATING JOBS DISTRIBUTING GOODS AND CREATING SERVICES THAT SERVE TO ENHANCE DIGNITY OF THE INDIVIDUAL AND THE STATE OF THE TARGET COMMUNITIES. 820 0 0 INVESTMENT CAPITAL: SWITCHBOARD VENTURES PROVIDED CAPITAL INVESTMENTS TO BUSINESS START-UPS IN DEVELOPING COUNTRIES IN ORDER TO BENEFIT THE POOR DISTRESSED AND UNDERPRIVILEGED. CAPITAL INVESTMENTS HAVE BEEN MADE TO AROUND 40 DIFFERENT ORGANIZATIONS OR INDIVIDUALS LIVING IN BURMA PAKISTAN TURKEY ETC. THESE ORGANIZATIONS AND INDIVIDUALS WOULD NOT OTHERWISE BE ABLE TO OBTAIN FUNDS BECAUSE OF THE FINANCIAL RISKS INVOLVED IN ESTABLISHING AND OPERATING ENTERPRISES IN THESE COMMUNITIES OR BECAUSE OF THEIR MEMBERSHIP IN MINORITY OR OTHER DISADVANTAGED GROUPS. BY PROVIDING CAPITAL WE HOPE TO EITHER HELP STRUGGLING SMALL BUSINESSES OR HELP CREATE NEW ONES. THE CREATION OF JOBS AND THE PROVISION OF BASIC GOODS AND SERVICES FOR STRUGGLING COMMUNITIES VILLAGES GROUPS THROUGH BUSINESS CAN REJUVENATE AREAS AND PROVIDE MULTIPLE INDIVIDUALS WITH BOTH SUPPORT AND DIGNITY. 0 0 0 0 0 0 687515 true false false false false false false false false false true false true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 0 0 true 2 true false false false false false false false 0 false false false false false false false false false 3 2 false false false false false false false true true false false true true true true false false true false false TX X Michael Cox 7133059869 16107 Kensington Dr Suite 276 SUGAR LAND TX 77479 Michael Cox President and Director 40.00 0.00 X X 99000 0 41987 Keith Troyer Secretary Treasurer and Director 0.00 0.00 X X 0 0 0 Travis Cardwell Vice President and Director 0.00 0.00 X X 0 0 0 99000 0 41987 0 false false false 0 0 0 0 0 233396 0 233396 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 233396 0 0 0 0 0 0 0 0 0 0 0 112200 29700 62700 19800 0 0 0 0 0 0 0 0 0 0 0 0 41987 0 41987 0 8639 0 8639 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 38247 30970 7277 0 72 0 0 72 1739 0 1739 0 3603 0 3603 0 0 0 0 0 3956 0 3956 0 26715 26715 0 0 0 0 0 0 480 0 480 0 0 0 0 0 0 0 0 0 130 0 130 0 706 0 706 0 Loan Foregivess 407524 407524 0 0 Casualty Loss 175000 175000 0 0 Development Expenses 6685 5000 1000 685 Meals & Entertainment 8109 0 986 7123 12606 12606 0 0 848398 687515 133203 27680 0 0 0 0 82427 43532 0 0 0 0 504 994 0 0 0 0 0 0 0 0 0 0 7401 6894 637 507 0 0 0 0 951556 377666 0 0 1700 1700 1036824 424399 8546 11123 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 8546 11123 X 0 0 0 0 1028278 413276 1028278 413276 1036824 424399 -615002 0 0 0 0 0 X false false false X 247632 273848 444107 223403 233396 1422386 0 0 0 0 0 0 0 0 0 0 0 0 247632 273848 444107 223403 233396 1422386 661559 760827 0 0 9 0 0 9 0 0 0 0 0 0 0 0 0 0 0 0 1422395 0.5349 0.5640 X 7401 6894 507 507 Investment in Desert Spings Organization 19200 C Investment in Myanmar Land & Building 65332 C Investment in Nushki Building & Well 117000 C Investment in Yangon Land 3333 C 204865 Part III, line 3 INVESTMENT CAPITAL:DURING 2023 ALL LOANS WERE FOREGIVEN. Part VI, Line 12c IT IS THE POLICY FOR EACH SWITCHBOARD VENTURES DIRECTOR PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS TO ANNUALLY SIGN A STATEMENT WHICH AFFIRMS THEY HAVE RECEIVED READ AND UNDERSTAND THE CONFLICTS OF INTEREST POLICY. THEY AGREE TO COMPLY WITH THE POLICY AND THEY UNDERSTAND THAT SWITCHBOARD VENTURES IS A PUBLIC CHARITY AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. Part VI, Line 15 TO ENSURE REASONABLE AND NOT EXCESSIVE EXECUTIVE COMPENSATION TWO-HUNDRED TWENTY-TWO NON-PROFIT CORPORATION RECORDS WERE SEARCHED AND REVIEWED USING THE CHARITY NAVIGATOR DATABASE. COMPENSATION DATA WAS COMPILED OF ORGANIZATIONS WITH SIMILAR EXECUTIVE QUALIFICATIONS FUNCTIONAL MISSION GEOGRAPHIC LOCATION AND BUDGET SIZE. DATA WAS ANALYZED AND REPORTED AS MEDIAN SALARY AND INTERQUARTILE RANGE FOR ALL DATA AND EACH SUBGROUP. Part VI, Line 19 Governing documents conflict of interest policy and financial statements were available upon request.