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Teen Venture

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

EIN: 412028930 ✦ Richlands, VA ✦ Designated as a 501(c)(3)

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Overview

What is Teen Venture?

Teen Venture is a nonprofit organization situated in Richlands, Virginia, specifically at 217 Railroad Avenue. Its primary mission is to operate a center that fosters the interest areas of youth between middle school and the age of 20. This center aims to nurture future responsible citizens by providing them with the opportunity to engage in unique special interest activities and commercial enterprises that are exclusive to Southwest Virginia. With a small team of two dedicated individuals, Teen Venture is committed to contributing positively to the development of young people in the region.


Official website here: www.teenventure.org

Is Teen Venture legitimate?

Teen Venture is a legitimate nonprofit organization registered as a 501(c)(3) entity. Teen 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: $28,344
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.teenventure.org

What is the mission statement of Teen Venture?

Teen Venture's mission is to establish a teen center that caters to young individuals aged between middle school and twenty years. The center aims to offer special interest activities and commercial ventures that are unique to Southwest Virginia. By providing this space, Teen Venture aims to foster the development of well-rounded citizens for the future. The center serves as a platform for young men and women to engage in various activities, thereby promoting personal growth and community involvement.


Official website here: www.teenventure.org

Who is the CEO of Teen Venture?

Matthew Vance is the Director of Teen Venture.


Official website here: www.teenventure.org

What is the revenue of Teen Venture?

Teen Venture's revenue in 2022 was $87,389.


Official website here: www.teenventure.org

Who are the executives of Teen Venture and what are their salaries?

The average compensation at Teen Venture during 2022 was $14,172. There are 2 employees and 14 volunteers at Teen Venture.


Here are 10 key members and their salaries:


Dr Glenn A Harrison (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr John Willis (Director (Former))
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim L Talbert (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hally R Morrow (Executive Director (Former)
  • Compensation: $12,404
  • Related: $0
  • Other: $0
Carol A Lawrence (Executive Director)
  • Compensation: $15,940
  • Related: $0
  • Other: $0
Mark Mullins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Victoria Krebs (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Ratliff (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rita Stacy Ramey (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Vance (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.teenventure.org

Where can I find the form 990 for Teen Venture?

Teen Venture's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.teenventure.org

Learn more at the official website: www.teenventure.org

Mission Statement of Teen Venture

Teen Venture, a nonprofit organization, is committed to providing a center that caters to the interests of youth within the age range of middle school to twenty years. Its mission is to offer a teen center where young individuals can engage in special activities and commercial ventures that are unique to Southwest Virginia. By doing so, Teen Venture aims to foster the development of responsible and productive citizens for the future. The organization's operations are centered around this mission, providing a space where young people can explore their passions and cultivate valuable skills that will serve them well in their future endeavors.

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Impact




October, 2024

Teen Venture significantly impacts the youth in Richlands, Virginia, by providing a dedicated center for young people aged middle school to twenty years. This facility fosters personal growth and community engagement through special interest activities and commercial enterprises tailored to the region. By encouraging participation in various programs, Teen Venture helps young men and women develop valuable skills, build friendships, and cultivate a sense of responsibility.

The center serves as a safe and supportive environment where youth can explore their interests while learning important life skills. This contributes to their overall development as good citizens and actively shapes a more engaged and responsible generation. The unique offerings specific to Southwest Virginia not only cater to local interests but also strengthen community ties, ultimately empowering youth to thrive and contribute positively to their surroundings.




This information is meant to be a general summary of Teen 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.

Revenue
$87,389 (2022)
Expenses
$100,025 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $52
  • Gross Receipts: $87,389

Assets and Liabilities:

  • Total Assets: $790,734
  • Total Liabilities: $1,777
  • Net Assets: $788,957

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Organization Details

Founding Year

2001

Principal Officer

Matthew Vance

Main Address

217 RAILROAD AVENUE, RICHLANDS, VA, 24641

NTEE Category

Code: N31 - Recreation

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