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Nonprofiteer
← VENTURE

Form 990 for tax year 2024

Filed by VENTURE.

Totals

Total revenue
$9,544,140
Total expenses
$8,751,962
Contributions and grants received
$9,233,401
Grants paid
$5,528,452
Program service revenue
$168,682
Investment income
$174,317
Other revenue
-$32,260
Total assets, end of year
$6,128,571
Total liabilities, end of year
$1,118,577
Net assets or fund balances, end of year
$5,009,994
Program services expenses (Part IX)
$7,644,392
Management and general expenses
$733,525
Fundraising expenses
$374,045
Program service expenses (Part III)
$7,644,392

Program services were 87.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $137,950

  • 1f · All other contributions, gifts and grants

    $9,095,451

  • 1g · Noncash contributions included above

    $3,535,982

  • 2a · Program service revenue: REGISTRATION FEES

    total $168,682 · related or exempt $168,682

  • 3 · Investment income

    total $174,290 · excluded $174,290

  • 7a · Gross sales of assets other than inventory

    securities $3,712,021

  • 7b · Less cost or other basis and sales expenses

    securities $3,711,994

  • 7c · Gain or loss

    securities $27

  • 7d · Net gain or loss

    total $27 · excluded $27

  • 8a · Fundraising events: gross income

    $22,600

  • 8a · Fundraising events: contributions included on line 1c

    $137,950

  • 8b · Fundraising events: direct expenses

    $54,860

  • 8c · Net income from fundraising events

    total -$32,260 · excluded -$32,260

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $234,157 · program services $234,157

  • 3 · Grants to foreign organizations and individuals

    total $5,294,295 · program services $5,294,295

  • 5 · Compensation of officers, directors and key employees

    total $122,912 · program services $58,449 · management and general $45,027 · fundraising $19,436

  • 7 · Other salaries and wages

    total $1,260,956 · program services $599,629 · management and general $461,934 · fundraising $199,393

  • 10 · Payroll taxes

    total $66,473 · program services $40,481 · management and general $25,992

  • 11a · Fees: management

    total $11,000 · management and general $11,000

  • 11b · Fees: legal

    total $6,094 · program services $4,434 · management and general $1,660

  • 11c · Fees: accounting

    total $50,108 · management and general $50,108

  • 11f · Fees: investment management

    total $8,019 · management and general $8,019

  • 12 · Advertising and promotion

    total $75,003 · program services $25,995 · management and general $27,607 · fundraising $21,401

  • 13 · Office expenses

    total $18,147 · program services $16,177 · management and general $1,447 · fundraising $523

  • 14 · Information technology

    total $81,907 · program services $10,734 · management and general $35,501 · fundraising $35,672

  • 16 · Occupancy

    total $38,332 · program services $38,332

  • 17 · Travel

    total $9,675 · fundraising $9,675

  • 19 · Conferences, conventions and meetings

    total $20,175 · program services $18,512 · fundraising $1,663

  • 22 · Depreciation, depletion and amortization

    total $117,842 · program services $115,707 · fundraising $2,135

  • 23 · Insurance

    total $93,054 · program services $70,823 · management and general $22,174 · fundraising $57

  • 24a · Other expenses: MISSION EXPENSES

    total $673,808 · program services $673,808

  • 24b · Other expenses: TOUR EXPENSES

    total $367,117 · program services $367,117

  • 24c · Other expenses: BANK FEES

    total $72,496 · management and general $22,766 · fundraising $49,730

  • 24d · Other expenses: PRINTING AND MAILING

    total $69,600 · program services $35,670 · management and general $12,348 · fundraising $21,582

  • 24e · All other expenses

    total $60,792 · program services $40,072 · management and general $7,942 · fundraising $12,778

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,306,425 · end of year $2,662,954

  • 2 · Savings and temporary cash investments

    beginning of year $611,801 · end of year $772,319

  • 3 · Pledges and grants receivable

    beginning of year $35,720 · end of year $0

  • 8 · Inventories for sale or use

    beginning of year $157,553 · end of year $473,558

  • 9 · Prepaid expenses and deferred charges

    beginning of year $24,775 · end of year $13,775

  • 10a · Land, buildings and equipment: cost or other basis

    $799,912

  • 10b · Land, buildings and equipment: accumulated depreciation

    $331,047

  • 10c · Land, buildings and equipment, net

    beginning of year $165,944 · end of year $468,865

  • 11 · Investments: publicly traded securities

    beginning of year $1,145,437 · end of year $1,720,600

  • 14 · Intangible assets

    beginning of year $16,500 · end of year $16,500

  • 17 · Accounts payable and accrued expenses

    beginning of year $72,270 · end of year $221,336

  • 18 · Grants payable

    beginning of year $157,553 · end of year $473,558

  • 23 · Secured mortgages and notes payable

    beginning of year $0 · end of year $423,683

  • 27 · Net assets without donor restrictions

    beginning of year $1,627,818 · end of year $2,445,112

  • 28 · Net assets with donor restrictions

    beginning of year $2,606,514 · end of year $2,564,882

Mission and programs · 2024

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.

Activities or mission (Part I)

VENTURE IS DEDICATED TO MAKING THE GOSPEL KNOWN AND FIGHTING INJUSTICE IN TOUGH PLACES. TOGETHER, THEY FORM THE INTERSECTION WHERE SOCIETAL CHANGE BEGINS AND GENERATIONAL TRANSFORMATION OCCURS. THIS APPROACH, MADE POSSIBLE THROUGH OUR PARTNERS, IS CARRIED OUT THROUGH OUR FOUR PROGRAMS: ANTI-TRAFFICKING, REFUGEE CARE, WOMEN'S HEALTH, AND CHURCH PLANTING.

  • 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

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Tim Skoog

    CHAIRMAN OF THE BOARD, CO-FOUNDER

    Total calculated
    $0
    Hours/week
    5

  • Ryan Skoog

    PRESIDENT, CEO, CO-FOUNDER

    Total calculated
    $0
    Hours/week
    5

  • Brad Ahlm

    TREASURER

    Total calculated
    $0
    Hours/week
    5

  • Paul Hurckman

    SECRETARY, EXECUTIVE DIRECTOR

    Total calculated
    $122,912
    From this org
    $122,912
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Terry Boynton

    MEMBER

    Total calculated
    $0
    Hours/week
    5

  • Seth Nielsen

    MEMBER

    Total calculated
    $0
    Hours/week
    5

  • Terry Lijewski

    MEMBER

    Total calculated
    $0
    Hours/week
    5

  • Andrea Lathrop

    MEMBER

    Total calculated
    $0
    Hours/week
    5

  • Linda Furry

    MEMBER

    Total calculated
    $0
    Hours/week
    5

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

  • ICCM LIFE CENTER

    $0

    ANTI TRAFFICKING

  • THE REEL HOPE PROJECT

    $0

    FOOD SECURITY

  • WISCONSIN NORTHERN MICHIGAN DISTRICT

    $0

    ANTI TRAFFICKING

  • MINNESOTA DISTRICT COUNCIL

    $0

    ANTI TRAFFICKING

Provenance

Return type
form_990
Tax year
2024
Filed
14 November 2025
IRS schema version
2024v5.2
Source object
202513219349314186

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