2025-12-20T18:37:36-08:00 2024-12-31 883411826 Michael G Habib CPA 43 Poet Drive Matawan NJ 07747 990 2024-01-01 821443905 Koinonia Ventures Inc KOIN St Mark Coptic Church PO BOX 385 Woodbury NY 11797 GUIRGUIS TADROS Director 2025-12-20 true true Michael Habib P03011065 7042801178 X 2024 2025-03-06 01:10:19Z X St Mark Coptic Church PO BOX 385 Woodbury NY 117970385 353269 false X https://www.koinonia-ventures.org/ X 2017 NY The purposes of the corporation are as follows: To establish and operate a charitable corporation dedicated to encouraging and supporting young individuals to become entrepreneurs by: i Connecting and introducing such individuals to business owners throughout the United States of America, providing them with the skills necessary to start a small business. ii Providing funds necessary to begin a small business. iii Exposing individuals to new technology that will help them efficiently run a small business. iv Mentoring individuals to help them achieve their goals. 1 0 0 0 439469 349329 0 876 3940 0 440345 353269 63500 19155 0 43566 82387 0 4196 7381 174575 114447 276117 325898 77152 718205 796166 0 718205 796166 The purposes of the corporation are as follows: To establish and operate a charitable corporation dedicated to encouraging and supporting young individuals to become entrepreneurs by: i Connecting and introducing such individuals to business owners throughout the United States of America, providing them with the skills necessary to start a small business. ii Providing funds necessary to begin a small business. iii Exposing individuals to new technology that will help them efficiently run a small business. iv Mentoring individuals to help them achieve their goals. false false 219145 19155 In the fiscal year 2024, Koinonia Ventures Inc. achieved significant milestones in pursuit of its mission. Notably, the organization had over 350 outstanding loan partners totaling in over $300 thousand of non-interest bearing loans outstanding. These loans help our business partners with their entrepreneurial projects. These projects were made possible through the disbursal in project loans, underscoring Koinonia Ventures Inc. vital role in providing financial support for community-driven initiatives. This reflects its ongoing commitment to the mission and growth of the organization. In addition $18,500 grants were disbursed to Bishopric of Public, Ecumenical & Social Services in Egypt. 219145 true true false false false false false false false false false false true false false false false false false true true true 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 true 2 0 true 0 false true EG false false false false false 0 false false false false false false false X 1 0 false false false false false false false false false false false false false false false false false false NY GUIRGUIS TADROS 6318343712 CO St Mark Coptic Church PO BOX 385 Woodbury NY 11797 X GUIRGUIS TADROS Director 0.00 0.00 X 0 0 0 0 false false false 0 349329 349329 0 3940 3940 0 0 0 0 0 0 0 0 353269 3940 0 0 19155 19155 0 0 0 82387 37347 45040 0 0 0 0 0 3550 3550 0 0 0 210 210 4196 4196 1315 1315 0 0 0 0 0 0 0 0 0 0 165190 162643 2547 Postage and Shipping 114 114 0 276117 219145 52776 4196 383592 486789 0 0 0 0 0 0 0 0 0 0 0 334612 300362 0 1 9015 718205 796166 0 0 X 718205 796166 718205 796166 718205 796166 77152 809 X false false false X 182878 203246 181552 439469 349329 1356474 0 0 182878 203246 181552 439469 349329 1356474 0 1356474 0 0 0 1356474 1.00000 1.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 300362 true Egypt 0 0 Program Related Administration 41493 41493 41493 Egypt Bishopric Charity 18500 Cash USD 1 Non-Interest Bearing Loans Egypt 383 Cash USD false false false false false false Form 990, Part VI, Section B, Line 11b No review was or will be conducted. Form 990, Part VI, Section C, Line 19 No documents available to the public. Amended Explanation This amended Form 990 is being filed to correct and clarify certain informational disclosures to ensure the return is complete and accurate. There is no change to the organizations tax liability as a result of these amendments. The original return reflected no tax due, and the amended return continues to reflect no tax due. The amendments include the following updates: Part VI, Section C, Line 17 was updated to reflect New York (NY) as the state in which the organization makes its Form 990 available to the public. The original filing reported None. Part V, Line 1a was updated from zero (0) to two (2) to correctly reflect the number of 1099 filings. Part V, Line 4a was changed from No to Yes, and Line 4b was completed to disclose Egypt as the applicable foreign country, correcting an omission in the original filing. Part IV, Lines 11c and 11d were revised to properly reflect the nature of the organizations assets. Line 11d was changed from Yes to No, and Line 11c was changed from No to Yes, as the assets consist of non-interest-bearing loans made to low-income communities in Egypt, rather than other asset types previously indicated. Schedule D (Related Sections) was updated to reclassify and report these assets in the appropriate section, consistent with their correct characterization. Schedule F was updated to properly reflect information related to the organizations foreign grants and activities, ensuring consistency with the disclosures made in Part IV and Part V. These changes are informational in nature and were made to improve the accuracy and completeness of the organizations reporting. The amendments do not affect the organizations financial statements, tax-exempt status, or tax due.