Adventure Project Corp
Funds entrepreneurs in developing countries to create jobs and solve global problems. For fiscal year 2024 it reported $935K in revenue, $593K in expenses, and $67K in net assets.Pt I
- Type
- Public charity (501(c)(3)) · International
- Location
- New York, NY
- Website
- www.theadventureproject.org
- Filings
- 5 on file (2020–2024)
More identity details & actions ⌄
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Summary of the Filing
Where the work happens
Climate
approximately 2.3 billion people still cook using open fires or inefficient stoves, with devastating effects on people and the planet. Smoke inhalation from traditional cooking kills 4 million people each year and disproportionately affects women and children living in poverty.
Health
an estimated 5 million children under 5 die every year, mostly from treatable or preventable causes. This year, we helped community health workers in Togo complete 9,125 patient visits with a major focus on pre and post natal care for newborns and expectant moms.
Water
over half of the world's 703 million people who lack basic drinking water live in sub-saharan Africa. As a result more than 250,000 children in sub-saharan Africa die each year because of inadequate water, sanitation, and hygiene.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Compensation history total reportable pay by year · 8 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Michael Pelehach | $130,000 | $130,000 | — | — | — |
| Michael Pelehach | — | — | $127,292 | — | — |
| Terri Nicole Yates | — | — | $95,423 | — | — |
| Rebecca Straw | $70,000 | $74,621 | — | — | $83,876 |
| Rebecca Straw | — | — | $72,353 | $83,333 | — |
| Terri Nicole Yates | — | $66,305 | — | — | — |
| Jody Landers | $4,280 | — | — | — | — |
| Jody Landers | — | — | — | $1,776 | — |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 70% | — | — |
| Overhead ratio | 16% | — | — |
| Fundraising cost ratio | 9% | — | — |
| Revenue growth | 48% | — | — |
| Legal fee ratio | 0.10% | — | — |
| Accounting fee ratio | 4% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
Grants
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Filings & Schedule Manifest
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Sources
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