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Nonprofit · EIN 26-3754915

GLOBAL FRIENDSHIP VENTURES

Tax-exempt · NORFOLK, VA 23508

Financials

$708K$726K2023$769K$770K2024
Revenue Expenses · by fiscal year end
Financials of GLOBAL FRIENDSHIP VENTURES by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$768,977$770,447-$1,470$3,643,946$31,564$3,612,382
December 31, 2023990$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.

NameTitleHours / weekCompensation
KATHY STRICKLANDTREASURER
Trustee or director, Officer
–$0
RICHARD HARDISONPRESIDENT
Trustee or director, Officer
–$0
MIKE ANDREWSVICE PRESIDE
Trustee or director, Officer
–$0
LAURA PRATTSECRETARY
Trustee or director, Officer
–$0
CHARLES IVESBOARD MEMBER
Trustee or director
–$0
KEVIN TREMPERBOARD MEMBER
Trustee or director
–$0
MACKENZIE BLACKBOARD MEMBER
Trustee or director
–$0
PAUL JONESBOARD MEMBER
Trustee or director
–$0
HAP STRUTHERSBOARD MEMBER
Trustee or director
–$0
ANN PURSERBOARD MEMBER
Trustee or director
–$0
HORATIO HALLBOARD MEMBER
Trustee or director
–$0
CRAIG RUSHBOARD MEMBER
Trustee or director
–$0
KATHY HARDISONBOARD MEMBER
Trustee or director
–$0
990 for the year ended December 31, 2023: 11 people
NameTitleHours / weekCompensation
KATHY STRICKLANDTREASURER
Trustee or director, Officer
10$0
RICHARD HARDISONPRESIDENT
Trustee or director, Officer
7$0
MIKE ANDREWSVICE PRESIDE
Trustee or director, Officer
10$0
LAURA PRATTSECRETARY
Trustee or director, Officer
7$0
CHARLES IVESBOARD MEMBER
Trustee or director
3$0
KEVIN TREMPERBOARD MEMBER
Trustee or director
–$0
MACKENZIE BLACKBOARD MEMBER
Trustee or director
–$0
PAUL JONESBOARD MEMBER
Trustee or director
–$0
HAP STRUTHERSBOARD MEMBER
Trustee or director
–$0
ANN PURSERBOARD MEMBER
Trustee or director
–$0
HORATIO HALLBOARD 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.

990 for the year ended December 31, 2024

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 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

FormYear endedRevenueExpensesAssetsReturn
990December 2024$768,977$770,447$3,643,946XML
990December 2023$708,176$725,793$3,823,072XML
990December 2022$796,481$632,135$4,058,101IRS
990December 2021–––IRS
990December 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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