Nonprofit · EIN 56-1284058
GLOBAL VENTURE INC
Tax-exempt · WINSTON SALEM, NC 27107
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $185,177 | $140,120 | $45,057 | $54,073 | $0 | $54,073 |
| December 31, 2023 | 990-EZ | $96,827 | $121,347 | -$24,520 | $9,016 | $0 | $9,016 |
| December 31, 2022 | 990-EZ | $86,492 | $83,136 | $3,356 | $33,536 | $0 | $33,536 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $185,177
Expenses
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $24,200
- Professional fees and payments to contractors
- $1,066
- Printing, publications and postage
- $224
- Other expenses
- $114,630
- Program services (functional)
- $139,054
Balance sheet and other
- Total assets, start of year
- $9,016
- Total assets, end of year
- $54,073
- Total liabilities, end of year
- $0
- Net assets, end of year
- $54,073
- Cash, savings and investments
- $54,073
- Gross receipts
- $185,177
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-EZ for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Priyadarshini Chelladurai | President | 40 | $0 |
| Don C Rayfield | Vice President | 10 | $0 |
| Beverly T Rayfield | Sec/Treas | 2 | $0 |
990-EZ for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Priyadarshini Chelladurai | President | 40 | $0 |
| Don C Rayfield | Vice President | 10 | $0 |
| Beverly T Rayfield | Sec/Treas | 2 | $0 |
990-EZ for the year ended December 31, 2022: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Priyadarshini Chelladurai | President | 40 | $0 |
| Don C Rayfield | Vice President | 10 | $0 |
| Beverly T Rayfield | Sec/Treas | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 4205 RAYFIELD DR, WINSTON SALEM, NC 27107-6825
- Signed the 990-EZ
- Donald C Rayfield, Sec/Treas
- Phone
- (336) 788-7050
- Return prepared by
- Crouch Joslyn Group PLLC
Mission
Christian ministry of spreading the gospel of Jesus Christ nationally and internationally. The organization primarily evangelizes in the United States and India.
Program accomplishments
- Funds used in India for preaching and teaching the gosepl of Jesus Christ, to cover expenses of crusades and help for the poor and needy.Expenses $139,054
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-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 56-1284058
- 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
- 1984
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $54,073
- Income (IRS master file)
- $185,177
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2024 | $185,177 | $140,120 | $54,073 | IRS |
| 990-EZ | December 2023 | $96,827 | $121,347 | $9,016 | XML |
| 990-EZ | December 2022 | $86,492 | $83,136 | $33,536 | XML |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 56-1284058).
Questions about GLOBAL VENTURE INC
- What is the EIN of GLOBAL VENTURE INC?
- The employer identification number (EIN) of GLOBAL VENTURE INC is 56-1284058.
- Is GLOBAL VENTURE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1984.
- Are donations to GLOBAL VENTURE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does GLOBAL VENTURE INC 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 VENTURE INC 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 VENTURE INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
- Who are the officers and directors of GLOBAL VENTURE INC?
- The 990-EZ for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does GLOBAL VENTURE INC have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $185,177, expenses of $140,120 and total assets of $54,073 at year end.
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