Nonprofit · EIN 82-1443905
KOINONIA VENTURES INC
Tax-exempt · WOODBURY, NY 11797
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 (amended) | $353,269 | $276,117 | $77,152 | $796,166 | $0 | $796,166 |
| December 31, 2023 | 990 | $440,345 | $114,447 | $325,898 | $718,205 | $0 | $718,205 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $349,329
- Program service revenue
- $0
- Investment income
- $3,940
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $19,155
- Compensation of officers, directors and key employees
- $0
- Other salaries and wages
- $82,387
- Salaries, compensation and benefits (total)
- $82,387
- Professional fundraising fees
- $0
- Accounting fees
- $3,550
- Program services (functional)
- $219,145
- Management and general (functional)
- $52,776
- Fundraising (functional)
- $4,196
Balance sheet and other
- Total assets, start of year
- $718,205
- Total assets, end of year
- $796,166
- Total liabilities, end of year
- $0
- Net assets, end of year
- $796,166
- Net assets without donor restrictions
- $796,166
- Gross receipts
- $353,269
- Employees
- 0
- Year formed
- 2017
- State of legal domicile
- NY
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 |
|---|---|---|---|
| GUIRGUIS TADROS | Director Trustee or director | 0 | $0 |
990 for the year ended December 31, 2023: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GUIRGUIS TADROS | Director Trustee or director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 385, WOODBURY, NY 11797-0385
- In care of
- % ST MARK COPTIC CHURCH
- Mailing address (990-N for 2017)
- 500 Todt Hill Rd, Staten Island NY 10304
- Principal officer (990-N for 2017)
- Guirguis Tadros, 500 Todt Hill Rd, Staten Island NY 10304
- Signed the 990
- GUIRGUIS TADROS, Director
- Return prepared by
- Michael G Habib CPA
Mission
The purposes of the corporation are as follows: To establish and operate a charitable corporation dedicated to encouraging and supporting young individuals to become entrepreneurs by: i Connecting and introducing such individuals to business owners throughout the United States of America, providing them with the skills necessary to start a small business. ii Providing funds necessary to begin a small business. iii Exposing individuals to new technology that will help them efficiently run a small business. iv Mentoring individuals to help them achieve their goals.
Program accomplishments
- In the fiscal year 2024, Koinonia Ventures Inc. achieved significant milestones in pursuit of its mission. Notably, the organization had over 350 outstanding loan partners totaling in over $300 thousand of non-interest bearing loans outstanding. These loans help our business partners with their entrepreneurial projects. These projects were made possible through the disbursal in project loans, underscoring Koinonia Ventures Inc. vital role in providing financial support for community-driven initiatives. This reflects its ongoing commitment to the mission and growth of the organization. In addition $18,500 grants were disbursed to Bishopric of Public, Ecumenical & Social Services in Egypt.Expenses $219,145 · grants $19,155
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
- 82-1443905
- 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
- 2018
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S30)
- Assets (IRS master file)
- $796,166
- Income (IRS master file)
- $353,269
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $353,269 | $276,117 | $796,166 | XML |
| 990 | December 2023 | $440,345 | $114,447 | $718,205 | XML |
| 990 | December 2022 | $181,551 | $88,135 | $299,576 | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-N for 2017 Officer: Guirguis Tadros | December 31, 2017 | ≤ $50,000 receipts | – | – | e-Postcard |
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 82-1443905).
Questions about KOINONIA VENTURES INC
- What is the EIN of KOINONIA VENTURES INC?
- The employer identification number (EIN) of KOINONIA VENTURES INC is 82-1443905.
- Is KOINONIA VENTURES INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2018.
- Are donations to KOINONIA VENTURES INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does KOINONIA VENTURES 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 KOINONIA VENTURES 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 KOINONIA VENTURES INC 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 KOINONIA VENTURES INC?
- The 990-N for 2017 names Guirguis Tadros.
- Who are the officers and directors of KOINONIA VENTURES INC?
- The 990 for the year ended December 31, 2024 lists 1 person; 0 received compensation from the organization.
- How much revenue does KOINONIA VENTURES INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $353,269, expenses of $276,117 and total assets of $796,166 at year end.
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