2023-11-15T13:31:56-06:00 2022-12-31 410887288 BOULAY PLLP 11095 VIKING DRIVE-STE 500 EDEN PRAIRIE MN 55344 990 2022-01-01 411720155 VENTURE VENT 9528867676 511 EAST TRAVELERS TRAIL BURNSVILLE MN 55337 RYAN SKOOG PRESIDENT, CEO 9528926645 2023-11-15 1 RYAN SKOOG XXX-XX-XXXX 0 LANCE R MADSON P00131735 9528939320 2023-11-15 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z RYAN SKOOG 17167 KIRBEN AVE LAKEVILLE MN 55044 6153707 0 X VENTURE.ORG X 1992 MN WE SPEND OUR GREATEST ENERGY ON THE WORLD'S GREATEST NEEDS AS AN ACTIVE RESPONSE TO THE GOSPEL. 7 4 8 5312 0 0 6470538 6079477 0 0 54978 -60265 -8913 -14008 6516603 6005204 3687209 3629903 0 0 818948 777995 0 0 288982 917978 1570616 5424135 5978514 1092468 26690 4889777 4281229 587001 262049 4302776 4019180 X VENTURE COMBINES CHURCH PLANTING WITH COMMUNITY DEVELOPMENT IN THE TOUGH PLACES OF THE WORLD, SERVING WAR REFUGEES, TRAFFICKED PEOPLE, OPPRESSED CHILDREN, AND UNREACHED PEOPLE. VENTURE HAS PLANTED THOUSANDS OF CHURCHES THAT REACH INTO THEIR COMMUNITIES TO RESCUE GIRLS FROM TRAFFICKING, START FARMS, AND TRAIN IN MICROENTERPRISE AND FEMININE HYGIENE, LEADING TO GENERATIONAL TRANSFORMATION FOR COMMUNITIES AND ETERNAL TRANSFORMATION FOR INDIVIDUALS. VENTURE ALSO ACTIVATES THOUSANDS OF PEOPLE EVERY YEAR TO RUN, HIKE, BIKE, PRAY, GIVE, AND DO TOUGH THINGS TO HELP PEOPLE IN THESE TOUGH PLACES. 0 0 5397005 3629903 VENTURE PARTNERS WITH LOCAL LEADERS IN AREAS OF THE WORLD THAT ARE UNSAFE, UNREACHED, AND UNRESOURCED.WE HELP EMPOWER, TRAIN, AND EQUIP LOCAL LEADERS TO BRING SAFETY, RESCUE, AND RESTORATION TO TRAFFICKED GIRLS, FARMING AND FEEDING PROGRAMS TO WAR REFUGEES, FEMININE HYGIENE TRAINING TO RURAL AREAS, AND SCRIPTURE TO ORAL PREFERENCE COMMUNITIES.COMBINING CHURCH PLANTING, COMMUNITY RELIEF, AND DEVELOPMENT BRINGS GENERATIONAL CHANGE TO OPPRESSED COMMUNITIES.IN THE US, VENTURE EMPOWERS INDIVIDUALS TO DONATE, PRAY, ENGAGE THEIR BUSINESSES AND CHURCHES, OR UTILIZE MILES (VENTUREMILES.ORG) TO RAISE FUNDS AND CREATE AWARENESS. IN ADDITION, WE ARE SHARING WITH THE CHURCH IN THE US WHAT WE HAVE LEARNED FROM THE GLOBAL CHURCH TO LAUNCH DISCIPLE-MAKING MOVEMENTS THAT HAVE TRANSFORMED COMMUNITIES WORLDWIDE. 5397005 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 1 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 14 0 1 8 1 0 0 0 0 0 0 0 0 0 1 0 0 0 X 7 4 1 0 0 0 0 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 MN X X RYAN SKOOG 9528867676 17167 KIRBEN AVE LAKEVILLE MN 55044 TIM SKOOG CHAIRMAN OF THE BOARD 5.00 X X 0 0 0 RYAN SKOOG PRESIDENT, CEO 5.00 X X 0 0 0 BRAD AHLM TREASURER 5.00 X X 0 0 0 LINDA FURRY SECRETARY 5.00 X X 0 0 0 TOM TOMLINSON MEMBER 5.00 X 0 0 0 PAUL HURCKMAN EXECUTIVE DIRECTOR 40.00 X X 108606 0 2131 TERRY BOYTON MEMBER 5.00 X 0 0 0 108606 0 2131 1 0 0 0 0 201759 81582 5796136 1922776 6079477 61036 61036 13194 134495 -121301 -121301 -121301 0 201759 14008 -14008 -14008 6005204 0 0 -74273 211789 211789 192511 192511 3225603 3225603 110737 77378 21020 12339 630902 440849 119757 70296 36356 27267 9089 11958 11777 181 30438 500 29938 17961 17961 65946 13879 19265 32802 10454 3528 6926 50308 17567 26964 5777 23457 18796 4661 10208 10208 82970 81547 1423 76099 58210 17889 MISSION EXPENSES 788250 788250 TOUR EXPENSES 206495 206495 FUNDRAISING EVENT EXPEN 91991 91991 BANK FEES 49253 7197 42056 54828 21059 18605 15164 5978514 5397005 292527 288982 2147073 2004980 112000 457254 195955 44025 315228 133640 147391 181588 2121559 1726181 16500 16500 4889777 4281229 48190 66094 457229 195955 81582 587001 262049 X 1598259 777018 2704517 3242162 4302776 4019180 4889777 4281229 26690 -310286 0 X X 0 1 X 1 0 X 4531472 5194165 4031269 6470538 6079477 26306921 4531472 5194165 4031269 6470538 6079477 26306921 1895514 24411407 7 68075 61036 129118 26436039 59802 0.92340 0.90970 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 315228 133640 181588 181588 X 5732886 -310286 55929 -254357 5987243 17961 17961 6005204 6016482 55929 55929 5960553 17961 17961 5978514 PART X, LINE 2: THE ORGANIZATION IS A NONPROFIT ENTITY AND, THEREFORE, IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND APPLICABLE STATE STATUTES. DUE TO ITS EXEMPT STATUS, THE ORGANIZATION DOES NOT HAVE ANY SIGNIFICANT TAX UNCERTAINTIES THAT WOULD REQUIRE DISCLOSURE. 1 SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, 0 0 PROGRAM SERVICES MISSION SUPPORT 528457 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 0 0 PROGRAM SERVICES MISSION AND REFUGEE SUPPORT 2461045 SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, 0 0 PROGRAM SERVICES MISSION SUPPORT 204101 EUROPE - TURKEY 0 0 PROGRAM SERVICES MISSION SUPPORT 32000 0 0 0 0 0 0 3225603 0 3225603 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, REFUGEE SUPPORT 338429 WIRE 0 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, FEEDING 0 1872461 FOOD EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, REFUGEE SUPPORT 15300 WIRE 0 SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, ANTI TRAFFICKING 173100 WIRE 0 SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, REHAB & REFUGEE SUPPORT 12048 WIRE 0 SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, MISSION SUPPORT 204101 WIRE 0 SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, ANTI TRAFFICKING 82495 WIRE 0 SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, ANTI TRAFFICKING 16173 WIRE 0 SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, REFUGEE SUPPORT 35250 WIRE 0 SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, MISSION SUPPORT 56419 WIRE 0 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, MISSION SUPPORT 35000 WIRE 0 EAST ASIA AND THE PACIFIC MISSION SUPPORT 90000 WIRE 0 MISSION SUPPORT & FEEDING EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 6 107166 CHECK MISSION SUPPORT & FEEDING SOUTH ASIA 5 151372 CHECK MISSION SUPPORT & FEEDING EUROPE - TURKEY 1 32000 CHECK 0 0 0 0 0 0 PART III ACCOUNTING METHOD: PART I, LINE 2: MONTHLY COMMUNICATION IS REQUIRED FROM THE GRANT RECIPIENT AS TO THE PROGRESS OF THE PROGRAM, PROJECT, OR TRAINING INITIATIVE. PICTURES AND DOCUMENTARY EVIDENCE ARE REQUIRED. THERE IS AN ANNUAL ON-SITE INSPECTION FROM A MEMBER OF THE STAFF OR BOARD MEMBERS TO GAIN FIRST-HAND VERIFICATION AS TO THE PROPER USE OF FUNDS. WHEN NO ON-SITE VISIT IS POSSIBLE ANNUALLY, EXTRA DOCUMENTATION OF THE PROJECT VIA PERSONAL CONTACT, COMMUNICATION, AND PICTURES OR DOCUMENTARY EVIDENCE WILL SUFFICE. RECEIPTS MUST BE OBTAINED BY THE GRANTEE IN ACCORDANCE WITH ESTABLISHED ACCEPTABLE FORMS OR RECEIPTS AS ESTABLISHED BY THE IRS. GALA 201759 201759 12708 1300 201759 201759 12708 1300 14008 -14008 1 ICCM 770 N HIGH SCHOOL RD INDIANAPOLIS IN 46214 501(C)(3) 20835 0 ANTI TRAFFICKING SPEED THE LIGHT 8405 PULSAR PLACE COLUMBUS OH 43240 501(C)(3) 77952 0 ANTI TRAFFICKING RIVER VALLEY CHURCH 12345 PORTLAND AVE BURNSVILLE MN 55337 501(C)(3) 53049 0 FOOD SECURITY THE REEL HOPE PROJECT 2909 S WAYZATA BLVD 11 MINNEAPOLIS MN 55405 501(C)(3) 35264 0 FOOD SECURITY FRIENDS OF WHITE PLAINS YOUTH BUREAU 11 AMHERST PLACE WHITE PLAINS NY 10601 501(C)(3) 8516 0 FOOD SECURITY JOYCORPS 128 SOUTHWINDS ROAD SUITE 3 FARMINGTON AR 72730 501(C)(3) 16173 0 MOBILIZATION 6 MISSIONARY SUPPORT 6 192511 CENTRAV INC SUBSTANTIAL CONTRIBUTOR 192730 SALARIES AND OTHER BUSINESS EXPENSES 0 CENTRAV INC SUBSTANTIAL CONTRIBUTOR 23457 RENT EXPENSE 0 X 1 50316 FAIR MARKET VALUE X 26 1872461 FAIR MARKET VALUE X DONATED AIRFARE 1 35000 FAIR MARKET VALUE X DONATED EXPENSES 1 15205 FAIR MARKET VALUE X DONATED RENT 1 5724 FAIR MARKET VALUE 0 0 0 SCHEDULE M, PART I, COLUMN (B) THE DONATED FOOD INVENTORY WAS RECEIVED FROM A 501(C)(3) ENTITY CALLED FEED MY STARVING CHILDREN. FORM 990, PART VI, SECTION A, LINE 2 TIM SKOOG AND RYAN SKOOG ARE FATHER AND SON. FORM 990, PART VI, SECTION A, LINE 7A THE ENTIRE BOARD OF DIRECTORS MUST VOTE TO ELECT AND APPROVE NEW MEMBERS TO THE BOARD. FORM 990, PART VI, SECTION A, LINE 7B HIRING, FIRING, CAPITAL EXPENDITURES OVER $1,000, DEBT OR FINANCING, AND ISSUES RELATED TO THE STRATEGIC PLAN OF THE ORGANIZATION ARE SUBJECT TO APPROVAL BY MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS REVIEWED BY THE FINANCIAL COMMITTEE OF THE BOARD OF DIRECTORS, THE BOARD PRESIDENT, THE EXECUTIVE DIRECTOR, THE INDEPENDENT ACCOUNTANT, AND AN OUTSIDE FINANCIAL ADVISOR. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR, PRINCIPAL OFFICER, AND MEMBER OF A COMMITTEE WITH BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON: A.) HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, B.) HAS READ AND UNDERSTANDS THE POLICY, C.) HAS AGREED TO COMPLY WITH THE POLICY, AND D.) UNDERSTANDS THE ORGANIZATION IS CHARITABLE AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. EACH VOTING MEMBER OF THE BOARD SHALL ANNUALLY SIGN A STATEMENT WHICH DECLARES WHETHER SUCH PERSON IS AN INDEPENDENT DIRECTOR. IF AT ANY TIME DURING THE YEAR THE INFORMATION IN THE ANNUAL STATEMENT CHANGES MATERIALLY, THE DIRECTOR SHALL DISCLOSE SUCH CHANGES AND REVISE THE ANNUAL DISCLOSURE FORM. THE EXECUTIVE COMMITTEE SHALL REGULARLY AND CONSISTENTLY MONITOR AND ENFORCE COMPLIANCE WITH THIS POLICY BY REVIEWING ANNUAL STATEMENTS AND TAKING SUCH OTHER ACTIONS AS ARE NECESSARY FOR EFFECTIVE OVERSIGHT. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION REVIEWS COMPENSATION COMPARABILITY DATA FOR ORGANIZATIONS OF A SIMILAR SIZE IN A SIMILAR FIELD. THE ORGANIZATION'S POLICY IS TO MAKE SURE THAT COMPENSATION IS ROUGHLY EQUAL TO THE MEAN IN THE RANGE OF COMPARABLE ENTITIES. A VOTING MEMBER OF THE BOARD OF DIRECTORS WHO RECEIVES COMPENSATION, DIRECTLY OR INDIRECTLY, FROM THE ORGANIZATION IS PRECLUDED FROM VOTING ON MATTERS PERTAINING TO THAT MEMBER'S COMPENSATION. A VOTING MEMBER OF ANY COMMITTEE WHOSE JURISDICTION INCLUDES COMPENSATION MATTERS AND WHO RECEIVES COMPENSATION, DIRECTLY OR INDIRECTLY, FROM THE ORGANIZATION FOR SERVICES IS PRECLUDED FROM VOTING ON MATTERS PERTAINING TO THAT MEMBER'S COMPENSATION. NO VOTING MEMBER OF THE BOARD OR ANY COMMITTEE WHOSE JURISDICTION INCLUDES COMPENSATION MATTERS AND WHO RECEIVES, DIRECTLY OR INDIRECTLY, FROM THE ORGANIZATION, EITHER INDIVIDUALLY OR COLLECTIVELY, IS PROHIBITED FROM PROVIDING INFORMATION TO ANY COMMITTEE REGARDING COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS DOCUMENTS AVAILABLE UPON REQUEST. PART XII, LINE 2C EXPLANATION THE PROCESS FOR SELECTING AND OVERSEEING THE INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR.