Nonprofit · EIN 41-1720155
VENTURE
Also known as AFC GLOBAL
Tax-exempt · BURNSVILLE, MN 55337
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $9,544,140 | $8,751,962 | $792,178 | $6,128,571 | $1,118,577 | $5,009,994 |
| December 31, 2023 | 990 | $7,644,584 | $7,557,791 | $86,793 | $4,464,155 | $229,823 | $4,234,332 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $9,233,401
- Program service revenue
- $168,682
- Investment income
- $174,317
- Net gain from sales of assets
- $27
- Net income from fundraising events
- -$32,260
- Other revenue
- -$32,260
Expenses
- Grants and similar amounts paid
- $5,528,452
- Compensation of officers, directors and key employees
- $122,912
- Other salaries and wages
- $1,260,956
- Salaries, compensation and benefits (total)
- $1,450,341
- Professional fundraising fees
- $0
- Legal fees
- $6,094
- Accounting fees
- $50,108
- Occupancy
- $38,332
- Travel
- $9,675
- Depreciation
- $117,842
- Program services (functional)
- $7,644,392
- Management and general (functional)
- $733,525
- Fundraising (functional)
- $374,045
Balance sheet and other
- Total assets, start of year
- $4,464,155
- Total assets, end of year
- $6,128,571
- Total liabilities, end of year
- $1,118,577
- Net assets, end of year
- $5,009,994
- Land, buildings and equipment
- $468,865
- Publicly traded securities
- $1,720,600
- Net assets without donor restrictions
- $2,445,112
- Net assets with donor restrictions
- $2,564,882
- Gross receipts
- $13,310,994
- Employees
- 14
- Volunteers
- 3,442
- Year formed
- 1992
- State of legal domicile
- MN
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 |
|---|---|---|---|
| PAUL HURCKMAN | SECRETARY, EXECUTIVE DIRECTOR Trustee or director, Officer | 40 | $122,912 |
| TIM SKOOG | CHAIRMAN OF THE BOARD, CO-FOUNDER Trustee or director, Officer | 5 | $0 |
| RYAN SKOOG | PRESIDENT, CEO, CO-FOUNDER Trustee or director, Officer | 5 | $0 |
| BRAD AHLM | TREASURER Trustee or director, Officer | 5 | $0 |
| TERRY BOYNTON | MEMBER Trustee or director | 5 | $0 |
| SETH NIELSEN | MEMBER Trustee or director | 5 | $0 |
| TERRY LIJEWSKI | MEMBER Trustee or director | 5 | $0 |
| ANDREA LATHROP | MEMBER Trustee or director | 5 | $0 |
| LINDA FURRY | MEMBER Trustee or director | 5 | $0 |
990 for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PAUL HURCKMAN | EXECUTIVE DIRECTOR Trustee or director, Officer | 40 | $114,122 |
| KRISTEN WILLARD | MEMBER Trustee or director | 40 | $89,569 |
| TIM SKOOG | CHAIRMAN OF THE BOARD Trustee or director, Officer | 5 | $0 |
| RYAN SKOOG | PRESIDENT, CEO Trustee or director, Officer | 5 | $0 |
| BRAD AHLM | TREASURER Trustee or director, Officer | 5 | $0 |
| TERRY BOYNTON | MEMBER Trustee or director | 5 | $0 |
| SETH NIELSEN | MEMBER Trustee or director | 5 | $0 |
| TERRY LIJEWSKI | MEMBER Trustee or director | 5 | $0 |
| ANDREA LATHROP | MEMBER Trustee or director | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 511 E TRAVELERS TRL, BURNSVILLE, MN 55337-7501
- In care of
- % VENT
- Principal officer (990 for 2024)
- RYAN SKOOG, 17167 KIRBEN AVE, LAKEVILLE, MN 55044
- Signed the 990
- RYAN SKOOG, PRESIDENT, CEO
- Phone
- (952) 886-7676
- Website
- VENTURE.ORG
- Return prepared by
- BOULAY PLLP
Mission
IN TOUGH PLACES - UNSAFE, UNREACHED, AND UNRESOURCED - VENTURE PARTNERS WITH COURAGEOUS LEADERS TO MAKE THE GOSPEL KNOWN AND FIGHT INJUSTICE BY BRINGING RELIEF TO WAR-TORN FAMILIES, COMBATING HUMAN TRAFFICKING, AND EQUIPPING MARGINALIZED WOMEN - ALL WHILE PLANTING CHURCHES AND MAKING DISCIPLES.
Program accomplishments
- OUR THREE LARGEST INTERNATIONAL PROGRAMS ARE ANTI-TRAFFICKING, REFUGEE CARE, AND CHURCH PLANTING. 1) ANTI-TRAFFICKING: WE PREVENT, RESCUE, AND RESTORE GIRLS FROM HUMAN TRAFFICKING BY RAISING AWARENESS, PROVIDING SAFE HOUSING AND VOCATIONAL TRAINING, CONDUCTING RESCUES, AND OFFERING HOLISTIC CARE ROOTED IN THE HOPE OF THE GOSPEL. 2) REFUGEE CARE: WE PROVIDE URGENT RELIEF AND LONG-TERM HOPE FOR FAMILIES AND OTHERS DISPLACED BY WAR - ADDRESSING IMMEDIATE PHYSICAL AND SPIRITUAL NEEDS WHILE EQUIPPING THEM TO BEGIN REBUILDING THEIR LIVES. 3) CHURCH PLANTING: WE COURAGEOUSLY SHARE THE GOSPEL, ENGAGING IN MULTIPLICATIVE DISCIPLE MAKING AND CHURCH PLANTING AMONGST UNREACHED PEOPLE GROUPS - LEADING TO WIDESPREAD COMMUNITY TRANSFORMATION THAT HAS A GENERATIONAL IMPACT. IN 2024, WE PROVIDED RESCUE AND SAFETY TO 600 GIRLS FROM HUMAN TRAFFICKING. WE ALSO DISTRIBUTED 13,190,765 MEALS TO THOSE DISPLACED BY WAR AND PLANTED 8,337 CHURCHES IN UNREACHED AREAS.Expenses $7,644,392 · grants $5,528,452 · revenue $168,682
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
- 41-1720155
- 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
- 1992
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $6,128,571
- Income (IRS master file)
- $13,310,994
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $9,544,140 | $8,751,962 | $6,128,571 | XML |
| 990 | December 2023 | $7,644,584 | $7,557,791 | $4,464,155 | XML |
| 990 | December 2022 | $6,005,204 | $5,978,514 | $4,281,229 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | 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 41-1720155).
Questions about VENTURE
- What is the EIN of VENTURE?
- The employer identification number (EIN) of VENTURE is 41-1720155.
- Is VENTURE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1992.
- Are donations to VENTURE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does VENTURE 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 VENTURE 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 VENTURE 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 VENTURE?
- The 990 for the year ended December 31, 2024 names RYAN SKOOG.
- Who are the officers and directors of VENTURE?
- The 990 for the year ended December 31, 2024 lists 9 people; 1 received compensation from the organization, the highest $122,912 (PAUL HURCKMAN, SECRETARY, EXECUTIVE DIRECTOR).
- How much revenue does VENTURE have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $9,544,140, expenses of $8,751,962 and total assets of $6,128,571 at year end.
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