Overview
What is Venture?
Venture is a nonprofit organization based in Burnsville, Minnesota, dedicated to addressing unsafe, unreachable, and under-resourced areas worldwide. They partner with local leaders to empower, train, and equip them to bring safety, rescue, and restoration to communities in need. Their initiatives span various sectors, such as rescuing trafficked girls, providing farming and feeding programs for war refugees, offering feminine hygiene training in rural areas, and distributing Scripture to oral preference communities. By combining church planting, community relief, and development, Venture aims to bring about generational change in oppressed communities. In the United States, Venture encourages individuals to donate, engage their businesses and churches, or utilize VentureMiles to raise funds and create awareness. Additionally, Venture shares insights from the global church to launch discipleship-making movements in communities worldwide, resulting in transformative impacts.
Official website here: www.venture.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96% (Four-Star out of Four Star rating)
Venture has achieved an impressive Four-Star rating from Charity Navigator, reflecting its effective management and strong financial health. With an overall score of 96%, the organization excels particularly in Accountability & Finance, where it scored 83%, and boasts a Program Expense Ratio of 91.26%. This indicates that the majority of funds are directed towards programs rather than administrative costs, a positive sign for potential donors.
The nonprofit also demonstrates commendable leadership and adaptability, scoring a perfect 100% in both categories. The organization's commitment to transparency and accountability is further enhanced by having a majority of independent board members and comprehensive policies in place, such as conflict of interest and whistleblower policies. Additionally, the organization effectively collects and utilizes feedback, showcasing its responsiveness to community needs.
While Venture's overall performance is strong, the relatively lower score in Accountability & Finance highlights areas for potential improvement. Nonetheless, the nonprofit's strong programmatic focus, transparent governance, and robust community engagement practices position it as a reliable choice for donors and supporters looking to make a meaningful impact.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Venture?
100% of 18 reviewers on Facebook recommend Venture. Here is a summary of their reviews:
The overwhelming sentiment among reviewers is one of enthusiasm and appreciation for the work being done by Venture. Many express a deep connection to the organization, emphasizing the positive impact it has on the community. Reviewers highlight the sense of belonging and purpose that involvement with Venture provides.
Overall, individuals feel fulfilled and proud to participate in the activities of Venture, suggesting that the nonprofit effectively delivers on its mission and fosters a supportive environment for its members.
This AI summary has been generated from reviews found on Facebook.
Is Venture legitimate?
Venture is a legitimate nonprofit organization registered as a 501(c)(3) entity. Venture 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: $110,737
Professional Fundraising Fees: $0
Other Salaries and Wages: $630,902
For more financial information, click here
Official website here: www.venture.org
What is the mission statement of Venture?
Venture's mission is centered around addressing the world's most pressing needs with a strong focus on community development. They are actively involved in church planting and humanitarian efforts in challenging environments, such as war zones, areas with human trafficking, and communities with oppressed children. Their mission extends beyond church planting, including initiatives to rescue girls from trafficking, establish farms, and teach microenterprise and feminine hygiene skills. These efforts aim to bring about generational transformation within communities and spiritual transformation for individuals. Furthermore, Venture motivates thousands of people annually to participate in various activities, including running, hiking, biking, and giving, to support those in need in these difficult locations.
Official website here: www.venture.org
Who is the CEO of Venture?
Ryan Skoog is the Chairman Of The Board of Venture. The CEO's salary of Venture is $0 and their total compensation is $0.
Official website here: www.venture.org
What is the revenue of Venture?
Venture's revenue in 2022 was $6,005,204.
Official website here: www.venture.org
Who are the executives of Venture and what are their salaries?
The average compensation at Venture during 2022 was $92,705. There are 8 employees and 5312 volunteers at Venture.
Here are 7 key members and their salaries (Venture's CEO's salary is $0 and their total compensation is $0):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $108,606
- Related: $0
- Other: $2,131
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.venture.org
Where can I find the form 990 for Venture?
Venture's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.venture.org
Learn more at the official website: www.venture.org
Mission Statement of Venture
Venture, as an organization, dedicates its greatest efforts towards addressing the world's most pressing needs, acting in response to the gospel. The mission of Venture is multifaceted, encompassing church planting and community development in challenging environments. Specifically, Venture focuses on aiding war refugees, protecting the exploited, advocating for oppressed children, and reaching out to unengaged populations.
By planting thousands of churches, Venture extends its impact into local communities. These churches not only offer spiritual guidance but also engage in initiatives such as rescuing girls from trafficking, establishing farms, and teaching microenterprise and feminine hygiene skills. These activities foster generational transformation within communities, while also providing individuals with eternal transformation.
Besides its grassroots work, Venture mobilizes thousands of people annually to participate in various challenging activities, including running, hiking, biking, praying, giving, and undertaking tough tasks. These initiatives aim to support people in challenging locations, thereby contributing to their well-being and overall development.
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Impact
July, 2024
Venture's impact can be seen in the transformative work it carries out in some of the toughest places in the world. By combining church planting with community development, Venture serves war refugees, trafficked individuals, oppressed children, and unreached communities. Thousands of churches have been planted by Venture, leading to the rescue of girls from trafficking, the establishment of farms, training in microenterprise, and feminine hygiene education. This holistic approach results in generational and eternal transformation for both communities and individuals. Additionally, Venture mobilizes thousands of people each year to engage in various activities like running, hiking, biking, praying, giving, and other challenging tasks to support those in need in these challenging environments.
This information is meant to be a general summary of Venture. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$60,265
- Gross Receipts: $6,153,707
Assets and Liabilities:
- Total Assets: $4,281,229
- Total Liabilities: $262,049
- Net Assets: $4,019,180
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Organization Details
Founding Year
1992
Phone
(952) 886-7676Principal Officer
Ryan Skoog
Main Address
511 EAST TRAVELERS TRAIL, BURNSVILLE, MN, 55337
Website
www.venture.orgNTEE Category
Code: X20 - Religion related
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