World Ventures Inc.

990EZ • Fiscal year 2020 • EIN 47-0881735

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 02, 2021

Organization Profile www.worldv.org

23526 Dawkins RdWoodburn, IN 46797

(260) 632-4757

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

$256,227

Up $25,728 (+11%) from 2019

Net Assets

$224,467

No earlier filing loaded for comparison.

Liabilities

$33,760

Up $1,487 (+4.6%) from 2019

Revenue And Expenses

Revenue

Down

$135,789

Down $18,987 (-12%) from 2019

Expenses

Down

$109,548

Down $48,395 (-31%) from 2019

Net Income

$26,241

Up $29,408 (+929%) from 2019

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

Highlighted filing

2020

Assets$256,227

Liabilities$33,760

Net Assets$224,467

Open 2020 Filing

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

Highlighted filing

2020

Revenue$135,789

Expenses$109,548

Net Income$26,241

Open 2020 Filing

Jump To

Filing Snapshot

Filing Period: Jan 1, 2020 to Dec 31, 2020
Signed: Nov 2, 2021
Return Version: 2020v4.0

Mission and Program Overview

Mission

Community and economic development

Program Services

Description	Grants	Expenses
0	$51,700	$64,308
0	$9,000	$9,000
0	$4,600	$5,600

Compensation and Service Providers

Employees

Name	Title	Full / Part Time	Base	Other	Total
Dr Stephen Coats	President	-	$0	-	-
Ryan Bonner	VP	-	$0	-	-
Rick Gerig	Treasurer	-	$0	-	-
Taylor Beaty	Secretary	-	$0	-	-
Barry Steinman	Director	-	$0	-	-
Sam Birkey	Director	-	$0	-	-
Joe Stutzman	Director	-	$0	-	-
Bob Vitoux	Director	-	$0	-	-
David Mann	Advisor	-	$0	-	-

Filing and Contact Details

Filer

Filer Name: World Ventures Inc
EIN: 47-0881735
Address: 23526 DAWKINS RD, WOODBURN, IN 46797

Signing Officer

Name: Richard Gerig
Title: Treasurer
Signed: 2021-11-02

Supplemental Narrative

Additional Explanations

Schedule O:

“Part 1 Line 10 51700 Servia Now Grants 12600 project expenses 13600 Men Leve India grants 77908 Part 1 Line 16 25401 designated project expenses 705 bankmerchant fees 0 imputed loan interest 26106 Part 1 Line 20 changes made after audit and form 990EZ filed - 0 discount for PV of loans Part II Line 24 Beginning Balance Ending Balance A Africa Loans 133388 134688 B Asia Loans 46368 46368 C Europe Loans 2700 2400 sub-total 182456 183456 Part II Line 24 cont Beginning Balance Ending Balance A Allowance for Uncollectible Loans -130000 -130000 B Discount for PV of Loans - 4947 - 4947 sub-total -134947 -134947 Total 47509 48509 Part II Line 26 Beginning Balance Ending Balance A Accounts Payable 224 0 B Designated Projects 32049 33760 Total 32273 33760”

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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	Schedule O:
ReturnHeader/BuildTS	0	2022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm	0	Richard Gerig
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2021-11-02
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt	0	WORLD VENTURES INC
ReturnHeader/Filer/BusinessNameControlTxt	0	WORL
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ReturnHeader/ReturnTs	0	2021-11-02T20:00:02Z
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/TaxPeriodBeginDt	0	2020-01-01
ReturnHeader/TaxPeriodEndDt	0	2020-12-31
ReturnHeader/TaxYr	0	2020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $256,227
Liabilities: $33,760
Net assets: $224,467
Revenue: $135,789
Expenses: $109,548
Net income: $26,241

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024Detailed filing. Detailed filing data is available for this year.	$1.77		$1.77	$0.63	$0.50	$0.12
2023Detailed filing. Detailed filing data is available for this year.	$1.65		$1.65	$0.17	$0.49	$0.32
2022Detailed filing. Detailed filing data is available for this year.	$2.63	$0.66	$1.97	$0.55	$0.73	$0.18
2021Detailed filing. Detailed filing data is available for this year.	$2.48	$0.36	$2.12	$1.54	$1.67	$0.12
2020Detailed filing. Detailed filing data is available for this year.	$2.56	$0.32	$2.24	$1.36	$1.10	$0.26
2020Detailed filing. Detailed filing data is available for this year.	$2.56	$0.34	$2.24	$1.36	$1.10	$0.26
2019Summary only. Only limited summary data is available for this year.	$2.30	$0.32		$1.55	$1.58	$0.03
2018Summary only. Only limited summary data is available for this year.	$2.22	$0.24		$1.20	$0.98	$0.21
2017Summary only. Only limited summary data is available for this year.	$2.04	$0.28		$1.14	$1.20	$0.06
2016Summary only. Only limited summary data is available for this year.	$2.19	$0.43		$1.94	$1.77	$0.17
2015Summary only. Only limited summary data is available for this year.	$3.37	$0.22		$1.01	$1.34	$0.33
2014Summary only. Only limited summary data is available for this year.	$3.79	$0.18		$0.95	$0.24	$0.72
2013Summary only. Only limited summary data is available for this year.	$2.97	$0.07		$1.25	$0.70	$0.55
2012Summary only. Only limited summary data is available for this year.	$2.40	$0.06		$0.50	$0.28	$0.23
2011Summary only. Only limited summary data is available for this year.	$2.21	$0.10		$0.89	$1.12	$0.23