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Integra Ventures Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 364027564 ✦ Wheaton, IL ✦ Designated as a 501(c)(3)

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Overview

What is Integra Ventures Inc?

Integra Ventures Inc, based in Wheaton, Illinois, is a nonprofit organization that primarily focuses on offering education assistance and spiritual guidance to professional educators and entrepreneurs in Europe and Eurasia. Their goal is to foster the growth of small businesses that operate ethically, with integrity, and are responsible towards their communities. Integra achieves this by providing relevant training and offering monetary assistance. This organization plays a significant role in promoting ethical economic development in these regions.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 50%, One-Star out of Four Star rating.

Integra Ventures Inc has received a low score of 50%, indicating concerns regarding its financial accountability and overall transparency. The organization does demonstrate strengths such as a fully independent board, having no material diversion of assets, and the presence of several key policies, including a conflict of interest policy and document retention guidelines. However, the absence of a whistleblower policy and the failure to post its tax form on its website raise significant red flags.

The program expense ratio is relatively low at 47.71%, suggesting that less than half of its expenses are directed towards its programs. Additionally, the liabilities to assets ratio of 8.28% indicates potential financial risk, as it does not inspire confidence in the organization's financial health. Overall, while there are certain positive aspects, the limitations in governance practices and financial efficiency warrant caution for potential supporters or donors.


This AI summary has been generated from information found on Charity Navigator.

Is Integra Ventures Inc legitimate?

Integra Ventures Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Integra Ventures Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Integra Ventures Inc?

Integra Ventures Inc's mission is centered around providing educational assistance and religious counseling to professionals in the teaching and business sectors. Additionally, the organization aims to foster economic development by offering training and capital. This is done with the intention of promoting the establishment of small businesses that operate ethically, exhibit integrity, and contribute positively to their respective communities. Integra Ventures Inc also provides financial aid to support these endeavors.

Who is the CEO of Integra Ventures Inc?

Brad Byrd is the President of Integra Ventures Inc.

What is the revenue of Integra Ventures Inc?

Integra Ventures Inc's revenue in 2022 was $16,787.

Who are the executives of Integra Ventures Inc and what are their salaries?


Here are 5 key members and their salaries:


Robert Quinn (Director/Secretary/Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brad Byrd (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carl Rubin (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dirk Cameron (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Williams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Integra Ventures Inc?

Integra Ventures Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Integra Ventures Inc

Integra Ventures Inc is devoted to serving professional teachers and business individuals, offering them both educational assistance and religious counseling. Beyond this, the organization aims to foster economic development through the provision of capital and training. The primary objective of Integra Ventures is to assist these professionals in establishing small businesses that embody ethics, integrity, and profitability. These businesses, in turn, are expected to function as responsible developers within their respective communities. Integra Ventures achieves this goal by offering training programs, in addition to providing financial assistance.

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Impact




August, 2024

Integra Ventures Inc's impact lies in providing education assistance and religious counseling to professional teachers and business people in Europe and Eurasia, with a focus on economic development through training and capital investment. By supporting the development of small businesses that operate ethically and with integrity, Integra Ventures aims to create responsible developers who contribute positively to their communities. Through its training programs and monetary assistance, Integra Ventures has been instrumental in empowering individuals to achieve greater economic stability and growth while upholding ethical values.




This information is meant to be a general summary of Integra Ventures Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$16,787 (2022)
20112012201320152016201720182019202020212022$0$75,000$150k$225k$300k
Expenses
$21,836 (2022)
20112012201320152016201720182019202020212022$0$100k$200k$300k$400k
Efficiency
201120122013201520162017201820192020202120220%15%30%55%

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $91
  • Program Service Revenue: $500
  • Gross Receipts: $16,787

Assets and Liabilities:

  • Total Assets: $132,568
  • Total Liabilities: $22,684
  • Net Assets: $109,884

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Organization Details

Founding Year

1995

Principal Officer

Brad Byrd

Main Address

209 E Liberty Drive, Wheaton, IL, 60187

NTEE Category

Code: X99 - Religion related

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