Nonprofit · EIN 26-3754915
GLOBAL FRIENDSHIP VENTURES
Tax-exempt · NORFOLK, VA 23508
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $768,977 | $770,447 | -$1,470 | $3,643,946 | $31,564 | $3,612,382 |
| December 31, 2023 | 990 | $708,176 | $725,793 | -$17,617 | $3,823,072 | $209,220 | $3,613,852 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $411,446
- Program service revenue
- $3,605
- Investment income
- $228
- Other revenue
- $353,698
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $229,642
- Salaries, compensation and benefits (total)
- $245,432
- Professional fundraising fees
- $0
- Accounting fees
- $2,540
- Occupancy
- $167,490
- Depreciation
- $173,797
- Program services (functional)
- $767,907
- Management and general (functional)
- $2,540
Balance sheet and other
- Total assets, start of year
- $3,823,072
- Total assets, end of year
- $3,643,946
- Total liabilities, end of year
- $31,564
- Net assets, end of year
- $3,612,382
- Land, buildings and equipment
- $3,434,530
- Publicly traded securities
- $10,357
- Net assets without donor restrictions
- $3,612,382
- Gross receipts
- $768,977
- Employees
- 6
- Volunteers
- 50
- Year formed
- 2008
- State of legal domicile
- VA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KATHY STRICKLAND | TREASURER Trustee or director, Officer | – | $0 |
| RICHARD HARDISON | PRESIDENT Trustee or director, Officer | – | $0 |
| MIKE ANDREWS | VICE PRESIDE Trustee or director, Officer | – | $0 |
| LAURA PRATT | SECRETARY Trustee or director, Officer | – | $0 |
| CHARLES IVES | BOARD MEMBER Trustee or director | – | $0 |
| KEVIN TREMPER | BOARD MEMBER Trustee or director | – | $0 |
| MACKENZIE BLACK | BOARD MEMBER Trustee or director | – | $0 |
| PAUL JONES | BOARD MEMBER Trustee or director | – | $0 |
| HAP STRUTHERS | BOARD MEMBER Trustee or director | – | $0 |
| ANN PURSER | BOARD MEMBER Trustee or director | – | $0 |
| HORATIO HALL | BOARD MEMBER Trustee or director | – | $0 |
| CRAIG RUSH | BOARD MEMBER Trustee or director | – | $0 |
| KATHY HARDISON | BOARD MEMBER Trustee or director | – | $0 |
990 for the year ended December 31, 2023: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KATHY STRICKLAND | TREASURER Trustee or director, Officer | 10 | $0 |
| RICHARD HARDISON | PRESIDENT Trustee or director, Officer | 7 | $0 |
| MIKE ANDREWS | VICE PRESIDE Trustee or director, Officer | 10 | $0 |
| LAURA PRATT | SECRETARY Trustee or director, Officer | 7 | $0 |
| CHARLES IVES | BOARD MEMBER Trustee or director | 3 | $0 |
| KEVIN TREMPER | BOARD MEMBER Trustee or director | – | $0 |
| MACKENZIE BLACK | BOARD MEMBER Trustee or director | – | $0 |
| PAUL JONES | BOARD MEMBER Trustee or director | – | $0 |
| HAP STRUTHERS | BOARD MEMBER Trustee or director | – | $0 |
| ANN PURSER | BOARD MEMBER Trustee or director | – | $0 |
| HORATIO HALL | BOARD MEMBER Trustee or director | – | $0 |
Address and contacts
- Address (IRS master file)
- 1241 43RD ST, NORFOLK, VA 23508-2371
- Principal officer (990 for 2024)
- RICHARD HARDISON, 7039 KIRBY CRESCENT, NORFOLK, VA 23505
- Signed the 990
- KATHY STRICKLAND, TREASURER
- Phone
- (757) 537-7682
- Return prepared by
- JONES CPA GROUP PC
Mission
TO FACILIATE FRIENDSHIP AND COMMUNITY AMONG INTERNATIONAL STUDENTS STUDYING IN NORFOLK, VIRGINIA AREA. TO PROVIDE ASSISTANCE TO INTERNATIONAL STUDENTS SEEKING TO UNDERSTAND HOW TO ADAPT TO COLLEGIATE LIFE IN THE UNITED STATES.
Program accomplishments
- EXPENSES RELATED TO PROVIDING ASSITANCE TO INTERNATIONAL STUDENTS SEEKING TO UNDERSTAND HOW TO ADAPT TO COLLEGIATE LIFE IN THE UNITED STATES BY OFFERING HOUSING AND PROGRAMS WHILE RESIDING IN THE RESIDENCE HALL.Expenses $746,477 · revenue $3,605
- PROGRAM EXPENSES EXPENSES RELATED TO PROVIDING ACTIVITIES FOR ALL INTERNATIONAL STUDENTS AT UNIVERSITIES IN THE HAMPTON ROADS AREA WHICH INCLUDES MEALS WITH STUDENTS, WELCOME BAGS, WELCOME LUNCHEON AND TOUR OF THE AREA, FRIDAY NIGHT DINNERS WITH SPEAKERS RELEVANT TO INTERNATIONAL STUDENTS, WIVES ACTIVITIES, THANKSGIVING BANQUET, FOOD FOR STUDENTS FINANCIALLY STRUGGLING, RECEIVING AND DISTRIBUTING FURNITURE AND ITEMS TO FURNISH APARTSMENTS, SPORTS VIEWING PARTIES, TRIPS TO LOCAL ATTRACTIONS AND A DAY TRIP TO LAKE GASTON FOR MEALS AND WATER SPORTS.Expenses $9,812
- OTHER EXPENSES RELATED TO PROVIDING ACTIVITIES FOR ALL INTERNATIONAL STUDENTS ATUNIVERSITIES IN THE HAMPTON ROADS AREA WHICH INCLUDES MEALS WITH STUDENTS,WELCOME BAGS, WELCOME LUNCHEON AND TOUR OF THE AREA, FRIDAY NIGHT DINNERSWITH SPEAKERS RELEVANT TO INTERNATIONAL STUDENTS, WIVES ACTIVITIES, THANKSGIVING BANQUET, FOOD FOR STUDENTS FINANCIALLY STRUGGLING, RECEIVING AND DISTRIBUTING FURNITURE AND ITEMS TO FURNISH APARTSMENTS, SPORTS VIEWING PARTIES, TRIPS TO LOCAL ATTRACTIONS AND A DAY TRIP TO LAKE GASTON FOR MEALS AND WATER SPORTS.Expenses $11,618
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 26-3754915
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2010
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B60)
- Assets (IRS master file)
- $3,643,946
- Income (IRS master file)
- $768,977
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $768,977 | $770,447 | $3,643,946 | XML |
| 990 | December 2023 | $708,176 | $725,793 | $3,823,072 | XML |
| 990 | December 2022 | $796,481 | $632,135 | $4,058,101 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 26-3754915).
Questions about GLOBAL FRIENDSHIP VENTURES
- What is the EIN of GLOBAL FRIENDSHIP VENTURES?
- The employer identification number (EIN) of GLOBAL FRIENDSHIP VENTURES is 26-3754915.
- Is GLOBAL FRIENDSHIP VENTURES tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
- Are donations to GLOBAL FRIENDSHIP VENTURES tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does GLOBAL FRIENDSHIP VENTURES file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of GLOBAL FRIENDSHIP VENTURES due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did GLOBAL FRIENDSHIP VENTURES last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of GLOBAL FRIENDSHIP VENTURES?
- The 990 for the year ended December 31, 2024 names RICHARD HARDISON.
- Who are the officers and directors of GLOBAL FRIENDSHIP VENTURES?
- The 990 for the year ended December 31, 2024 lists 13 people; 0 received compensation from the organization.
- How much revenue does GLOBAL FRIENDSHIP VENTURES have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $768,977, expenses of $770,447 and total assets of $3,643,946 at year end.
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