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Nonprofit · EIN 56-1284058

GLOBAL VENTURE INC

Tax-exempt · WINSTON SALEM, NC 27107

Financials

$86K$83K2022$97K$121K2023$185K$140K2024
Revenue Expenses · by fiscal year end
Financials of GLOBAL VENTURE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$185,177$140,120$45,057$54,073$0$54,073
December 31, 2023990-EZ$96,827$121,347-$24,520$9,016$0$9,016
December 31, 2022990-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.

NameTitleHours / weekCompensation
Priyadarshini ChelladuraiPresident40$0
Don C RayfieldVice President10$0
Beverly T RayfieldSec/Treas2$0
990-EZ for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
Priyadarshini ChelladuraiPresident40$0
Don C RayfieldVice President10$0
Beverly T RayfieldSec/Treas2$0
990-EZ for the year ended December 31, 2022: 3 people
NameTitleHours / weekCompensation
Priyadarshini ChelladuraiPresident40$0
Don C RayfieldVice President10$0
Beverly T RayfieldSec/Treas2$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.

990-EZ for the year ended December 31, 2024

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

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$185,177$140,120$54,073IRS
990-EZDecember 2023$96,827$121,347$9,016XML
990-EZDecember 2022$86,492$83,136$33,536XML
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 2018–––IRS
990December 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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