Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Dec 2010.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
68 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
11 people listed on the 990; $271K paid to officers and key staff.
Michael Pelehach’s $130K as Chief Ops Officer is at the 91st percentile of top reported officer pay among 1636 $100K–1M international nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 5 named individuals · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Michael Pelehach | $130,000 | $130,000 | $130,000 | $127,292 | — | — |
| Terri Nicole Yates | — | — | $66,305 | $95,423 | — | — |
| Rebecca Straw | $70,000 | $70,000 | $74,621 | $72,353 | $83,333 | $83,876 |
| Ashley Dittmar | $75,833 | — | — | — | — | — |
| Jody Landers | $2,083 | $4,280 | — | — | $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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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Funds entrepreneurs in developing countries to create jobs and solve global problems.
Questions for The Adventure Project Corp
Your first name shows with your question. The Adventure Project Corp answers here, for everyone.
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Health
An estimated 5 million children under 5 die every year, mostly from treatable or preventable causes. We train local leaders to become community health workers and support their communities by providing services related to pregnancy, newborn care, malaria, diarrhea, nutrition, and immunization.
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. We train women to run water purification kiosks and distribute clean drinking water at affordable prices.
Environment/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.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2023 990, line by line.
Download 990
| Line | Start FY23 | End FY23 |
|---|---|---|
| Cash and savingsLn 1–2 | $6K | $31K |
| Total assetsLn 16 | $10K | $40K |
| LiabilitiesLn 26 | $404K | $315K |
| Net assetsLn 32 | −$393K | −$275K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $23K | $23K | ||
| Grants and assistance to foreign recipientsLn 3 | $10K | $10K | ||
| Pay of current officers, directors and key staffLn 5 | $275K | $208K | $27K | $41K |
| Pension plan contributionsLn 8 | $500 | $375 | $125 | |
| Other employee benefitsLn 9 | $13K | $10K | $1K | $1K |
| Payroll taxesLn 10 | $23K | $19K | $2K | $2K |
| Management feesLn 11a | $60K | $32K | $895 | $27K |
| Accounting feesLn 11c | $30K | $22K | $3K | $4K |
| Advertising and promotionLn 12 | $8K | $4K | $5K | |
| Office expensesLn 13 | $26K | $1K | $24K | $1K |
| Information technologyLn 14 | $18K | $5K | $5K | $8K |
| OccupancyLn 16 | $600 | $55 | $545 | |
| TravelLn 17 | $13K | $11K | $2K | |
| InterestLn 20 | $8K | $538 | $7K | |
| InsuranceLn 23 | $1K | $1K | ||
| Other expenses (24a–d)Ln 24 | $1K | $126 | $1K | |
| Total functional expensesLn 25 | $511K | $346K | $75K | $90K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest | $678K | $698K | −$20K | $29K | 990 PDF |
| FY2024 | $935K | $593K | $342K | $67K | 990 PDF |
| FY2023 Viewing | $630K | $511K | $119K | −$275K | 990 PDF |
| FY2022 | $589K | $876K | −$288K | −$393K | 990 PDF |
| FY2021 | $695K | $761K | −$66K | −$94K | 990 PDF |
| FY2020 | $522K | $610K | −$88K | −$28K | 990 PDF |
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Schedules filed Part IV
See the full FY2023 990 (6 parts)
Part I · Summary $629,681 revenue, 12 lines filed
Part VI · Governance 7 of 9 board members independent, no flags
Part VIII · Statement of revenue $629,681 across 6 lines filed
Part IX · Statement of functional expenses $510,908 across 16 lines filed
Part X · Balance sheet $40,203 assets, 13 lines filed
Part XI · Reconciliation of net assets −$274,599 net assets at year end
Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File
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