Civic Intelligence

Global Venture Inc.

990EZ • Fiscal year 2018 • EIN 56-1284058

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 14, 2019

4205 Rayfield DriveWinston Salem, NC 27107

(336) 788-7050

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

83rd percentile

0.19x

Higher debt load relative to assets than 83% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

91st percentile

0.35x

Higher debt load relative to revenue than 91% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

3rd percentile

-164%

Higher net margin than 3% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

98th percentile

$99,461

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 136.2% of source-year revenue.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

9th percentile

-49%

Faster asset growth than 9% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

47th percentile

-0.7%

Faster revenue growth than 47% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Down

$132,725

Down $125,764 (-49%) from 2017

Net Assets

Down

$107,195

Down $119,684 (-53%) from 2017

Liabilities

Down

$25,530

Down $6,080 (-19%) from 2017

Revenue

Down

$73,037

Down $500 (-0.7%) from 2017

Expenses

Down

$192,721

Down $1,371,279 (-88%) from 2017

Net Income

Up

-$119,684

Up $1,370,779 (+92%) from 2017

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $4,852Liabilities 2011: $02011Assets 2012: $1,413Liabilities 2012: $02012Assets 2013: $21,613Liabilities 2013: $02013Assets 2014: $3,326Liabilities 2014: $02014Assets 2015: $2,508,420Liabilities 2015: $40,461Net Assets 2015: $2,467,9592015Assets 2016: $1,751,984Liabilities 2016: $34,642Net Assets 2016: $1,717,3422016Assets 2017: $258,489Liabilities 2017: $31,610Net Assets 2017: $226,8792017Assets 2018: $132,725Liabilities 2018: $25,530Net Assets 2018: $107,1952018Assets 2019: $78,225Liabilities 2019: $18,573Net Assets 2019: $59,6522019Assets 2020: $28,768Liabilities 2020: $12,012Net Assets 2020: $16,7562020Assets 2021: $30,180Liabilities 2021: $0Net Assets 2021: $30,1802021Assets 2022: $33,536Liabilities 2022: $0Net Assets 2022: $33,5362022Assets 2023: $9,016Liabilities 2023: $0Net Assets 2023: $9,0162023Assets 2024: $54,073Liabilities 2024: $0Net Assets 2024: $54,0732024

Highlighted filing

2018

Assets$132,725
Liabilities$25,530
Net Assets$107,195

Operations Trend

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

$4.0M$2.0M$0-$2.0MRevenue 2011: $78,150Expenses 2011: $77,779Net Income 2011: $3712011Revenue 2012: $52,429Expenses 2012: $55,868Net Income 2012: -$3,4392012Revenue 2013: $136,483Expenses 2013: $116,283Net Income 2013: $20,2002013Revenue 2014: $83,986Expenses 2014: $102,273Net Income 2014: -$18,2872014Revenue 2015: $2,567,843Expenses 2015: $103,210Net Income 2015: $2,464,6332015Revenue 2016: $52,050Expenses 2016: $802,667Net Income 2016: -$750,6172016Revenue 2017: $73,537Expenses 2017: $1,564,000Net Income 2017: -$1,490,4632017Revenue 2018: $73,037Expenses 2018: $192,721Net Income 2018: -$119,6842018Revenue 2019: $142,688Expenses 2019: $190,231Net Income 2019: -$47,5432019Revenue 2020: $70,663Expenses 2020: $113,559Net Income 2020: -$42,8962020Revenue 2021: $103,540Expenses 2021: $90,116Net Income 2021: $13,4242021Revenue 2022: $86,492Expenses 2022: $83,136Net Income 2022: $3,3562022Revenue 2023: $96,827Expenses 2023: $121,347Net Income 2023: -$24,5202023Revenue 2024: $185,177Expenses 2024: $140,120Net Income 2024: $45,0572024

Highlighted filing

2018

Revenue$73,037
Expenses$192,721
Net Income-$119,684
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 14, 2019
Return Version
2018v3.1
Gross Receipts
$73,037
Mission and Program Overview

Mission

SEE SCHEDULE O

Program Services

DescriptionGrantsExpenses
FUNDS USED IN INDIA FOR PREACHING AND TEACHING THE GOSPEL OF JESUST CHRIST TO COVER EXPENSES OF CRUDSADES AND HELP FOR THE POOR AND NEEDY$73,037$174,711
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
SAM P CHELLADURAIPresidentFT$69,461$30,000$99,461
DON C RAYFIELDVice PresidentPT$0--
BEVERLY T RAYFIELDSectreas-$0--
Filing and Contact Details

Filer

Filer Name
Global Venture Inc
EIN
56-1284058
Address
4205 RAYFIELD DRIVE, WINSTON SALEM, NC 27107

Signing Officer

Name
Beverly T Rayfield
Title
Sectreas
Phone
3367887050
Signed
2019-11-14
Discuss with paid preparer
Yes

Preparer

Firm
Donald S Kinney CPA PC
Address
3732 Vest Mill Rd, Winston Salem, NC 27103-2912
Preparer
Donald S Kinney
Phone
3367688000
Supplemental Narrative

Additional Explanations

General explanation attachment

Primary exempt purposechristian ministry of spreading the gospel of jesus christ nationally and internationally. The organization primarily evangelizes in the united states and india.

Description of other expenses Part I line 16

Description amountvehicle interest expense 1,070car lease 9,333bank fees 253radio and tv ministry 16,650travel 34,785depreciation 1,875vehicle repairs & maintenance 3,463

Description of other assets Part II line 24

Category beginning of year end of yearvehicles and furniture 31,540 29,665

Description of total liabilities Part II line 26

Category beginning of year end of yearvehicle loan 31,610 25,530

Raw XML Appendix142 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0BEVERLY T RAYFIELD
IRS990EZ/BooksInCareOfDetail/PhoneNum03367887050
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt04205 RAYFIELD DRIVE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0WINSTON SALEM
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd027107
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0226949
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0103060
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt073037
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-119684
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01710
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0258489
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0132725
IRS990EZ/GrossReceiptsAmt073037
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0226879
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0107195
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0226879
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0107195
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt040.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt110.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt069461
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt030000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0SAM P CHELLADURAI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1DON C RAYFIELD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2BEVERLY T RAYFIELD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECTREAS
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt031540
IRS990EZ/OtherAssetsTotalDetail/EOYAmt029665
IRS990EZ/OtherExpensesTotalAmt067429
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0SEE SCHEDULE O
IRS990EZ/PrintingPublicationsPostageAmt0307
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0FUNDS USED IN INDIA FOR PREACHING AND TEACHING THE GOSPEL OF JESUST CHRIST TO COVER EXPENSES OF CRUDSADES AND HELP FOR THE POOR AND NEEDY
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt073037
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0174711
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt0123275
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt031610
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt025530
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0192721
IRS990EZ/TotalProgramServiceExpensesAmt0174711
IRS990EZ/TotalRevenueAmt073037
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt073037
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt073537
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt052050
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt02567843
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt083896
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02850363
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.85580
IRS990ScheduleA/PublicSupportPY170Pct00.85940
IRS990ScheduleA/PublicSupportTotal170Amt02439370
IRS990ScheduleA/SubstantialContributorsTotAmt0410993
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt073037
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt073537
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt052050
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt02567843
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt083896
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02850363
IRS990ScheduleA/TotalSupportAmt02850363
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PRIMARY EXEMPT PURPOSECHRISTIAN MINISTRY OF SPREADING THE GOSPEL OF JESUS CHRIST NATIONALLY AND INTERNATIONALLY. THE ORGANIZATION PRIMARILY EVANGELIZES IN THE UNITED STATES AND INDIA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION AMOUNTVEHICLE INTEREST EXPENSE 1,070CAR LEASE 9,333BANK FEES 253RADIO AND TV MINISTRY 16,650TRAVEL 34,785DEPRECIATION 1,875VEHICLE REPAIRS & MAINTENANCE 3,463
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CATEGORY BEGINNING OF YEAR END OF YEARVEHICLES AND FURNITURE 31,540 29,665
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CATEGORY BEGINNING OF YEAR END OF YEARVEHICLE LOAN 31,610 25,530
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0General explanation attachment
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of other assets Part II line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Description of total liabilities Part II line 26
ReturnHeader/BuildTS02020-03-31 21:24:44Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0BEVERLY T RAYFIELD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECTREAS
ReturnHeader/BusinessOfficerGrp/PhoneNum03367887050
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GLOBAL VENTURE INC
ReturnHeader/Filer/BusinessNameControlTxt0GLOB
ReturnHeader/Filer/EIN0561284058
ReturnHeader/Filer/USAddress/AddressLine1Txt04205 RAYFIELD DRIVE
ReturnHeader/Filer/USAddress/CityNm0WINSTON SALEM
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd027107
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId09955C351799989EA17327A6CF22CADC68EEF2321
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId09955C351799989EA17327A6CF22CADC68EEF2321
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId06190322019318n53znue
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt02019-11-14
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt070.61.115.98
ReturnHeader/FilingSecurityInformation/IPDt02019-11-14
ReturnHeader/FilingSecurityInformation/IPTm008:44:59
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0263516610
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Donald S Kinney CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03732 Vest Mill Rd
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Winston Salem
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0271032912
ReturnHeader/PreparerPersonGrp/PhoneNum03367688000
ReturnHeader/PreparerPersonGrp/PreparationDt02019-11-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DONALD S KINNEY
ReturnHeader/ReturnTs02019-11-14T08:44:16-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.05$0.00$0.05$0.19$0.14$0.05
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.01$0.00$0.01$0.10$0.12$0.02
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.03$0.00$0.03$0.09$0.08$0.00
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.03$0.00$0.03$0.10$0.09$0.01
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.03$0.01$0.02$0.07$0.11$0.04
2019Detailed filing. Detailed filing data is available for this year.$0.08$0.02$0.06$0.14$0.19$0.05
2018Detailed filing. Detailed filing data is available for this year.$0.13$0.03$0.11$0.07$0.19$0.12
2017Detailed filing. Detailed filing data is available for this year.$0.26$0.03$0.23$0.07$1.56$1.49
2016Detailed filing. Detailed filing data is available for this year.$1.75$0.03$1.72$0.05$0.80$0.75
2015Detailed filing. Detailed filing data is available for this year.$2.51$0.04$2.47$2.57$0.10$2.46
2014Summary only. Only limited summary data is available for this year.$0.00$0.00$0.08$0.10$0.02
2013Summary only. Only limited summary data is available for this year.$0.02$0.00$0.14$0.12$0.02
2012Summary only. Only limited summary data is available for this year.$0.00$0.00$0.05$0.06$0.00
2011Summary only. Only limited summary data is available for this year.$0.00$0.00$0.08$0.08$0.00