China Services Ventures EIN 41-1991293 Form 990 (PDF) Claim this org

China Services Ventures

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Empowering rural students to reach their potential through servant leadership. For fiscal year 2025 it reported $295K in revenue, $188K in expenses, and $270K in net assets.Pt I

Type
Religious organization · Religion
Location
Saint Paul, MN
Website
www.chinaserviceventures.org
Filings
6 on file (2020–2025)
Revenue
$295KFY2025
Expenses
$188K
Net assets
$270K
People
5
Filings
6
Updates
0
More identity details & actions ⌄
EIN  41-1991293 Religious organization Saint Paul, MN
Form 990 (PDF)
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Size
$100K–1M
What they do
Empowering rural students to reach their potential through servant leadership.
Leadership
Jeffery Nellermoe · Executive Director · $40K
Money in and out
$295K revenue, $188K expenses
Bottom line
49% program efficiency
Where the money goes · FY2025
Total revenue
$295K
Pt VIII · Ln 12
Total expenses
$188K
Pt IX · Ln 25
Net assets
$270K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $107K
Where spending went · Part IX cols B–D
Program services $0.49 Management & general $0.17 Fundraising $0.33
Program efficiency
49%
of spending reaches programs▼ -11% vs prior filing year
Operating runway
18.2mo
months of highly liquid reserves at operating expense rate▲ +109% vs prior filing year
Surplus margin
+36%
revenue over expenses, this year▲ +167% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$295K
FY2025▲ +72%
Expenses
$188K
FY2025▼ -29%
Total assets
$285K
FY2025▲ +50%
Total liabilities
$15K
FY2025▼ -46%
Total revenue
$295K
Pt VIII · Ln 12
Total expenses
$188K
Pt IX · Ln 25
Net assets
$270K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$107K
Total assetsPt X · Ln 16$285K
Program-expense ratioPt IX · col B49%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CChina Services Ventures
EINHdr · item D41-1991293
Principal addressHdr · item CSaint Paul, MN
WebsiteHdr · item Jwww.chinaserviceventures.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMN
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFReligion (X21)
Ruling yearIRS BMFMay 2001

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b5
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Executive Director
$40,000Pt VII · Sec A
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A

Jeffery Nellermoe’s $40K as Executive Director is at the 41st percentile of top reported officer pay among 2135 $100K–1M religion 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 · 3 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Jeffrey Nellermoe$75,000$75,000
Jeffery Nellermoe$40,000$40,000$40,000
Jeffrey Nellermoe$40,000

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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Mission & Programs · Part III

Where the work happens

2 program services account for $40K of program spending, described in the organization's own filed words · FY2024.
01

Light 2 Path is an English language learning project that links trained English as a Second Language Instructors with the children of Chinese pastors who live in mainland China and home-school their children. L2P also provides live instruction and support to English learners in China.

$30Kprogram expense
02

We provide support and resources to Hosanna for Englands local networks of Chinese Churches to welcome and nurture Chinese immigrants in their communities through camps and retreats for families and children.

$10Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$293K · 99%
Investment income$2K · 1%
Contributions & grants99%$293K
Investment income1%$2K
Total revenueLn 12$295K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.49 Management & general $0.17 Fundraising $0.33
Program services49%$93K
Management & general17%$32K
Fundraising33%$63K
Total functional expensesLn 25$188K

Balance Sheet

Part X · end of year
CashLn 1$240K
Total assetsLn 16$285K
Total liabilitiesLn 26$15K
Total net assetsLn 32$270K
Months of cash on handcomputed15.3

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $285K · Operating expenses/yr $188K
18.2 months
Where the money goes
Program services
Program services $93K · Total expenses $188K
49%
Management & General
Management & general $32K · Total expenses $188K
17%
Fundraising
Fundraising $63K · Total expenses $188K
33%
Cost to raise $1
Fundraising expense (3-yr avg) $68K · Solicited contributions (3-yr avg) $215K
$0.32 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $293K · Total revenue $295K
99%
Government reliance
Government grants $0 · Total revenue $295K
0%
Earned-income share
Program service revenue $0 · Total revenue $295K
0%
Investment reliance
Investment income $2K · Total revenue $295K
+0.6%
Program self-sufficiency
Program service revenue $0 · Total expenses $188K
0%
Growth & trend
Revenue growth (YoY)
This year $295K · Prior year $171K
+72%
Revenue CAGR
FY2019 $343K · FY2024 $295K
-3%
Net-asset trend (YoY)
End of year $270K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $295K · Expenses $188K
+36%
Liabilities-to-Assets
Total liabilities — · Total assets $285K
Net-asset ratio
Net assets $270K · Total assets $285K
95%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $45K · Total assets (Pt X, ln 16) $285K
16%
People & payroll
Highest Reported Total Compensation
Individual Jeffery Nellermoe · Reported title Executive Director · Highest reported compensation $40K · Total expenses $188K
21%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $111K · Total expenses $188K
59%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 49%
Overhead ratio 17%
Fundraising cost ratio 21%
Revenue growth 72%
Investment management fee ratio 0.2%
Legal fee ratio 0%
Accounting fee ratio 0%
Fundraising fee ratio 0%

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

Schedule I · received and paid
Grants received · FY2020
Total grants receivedfrom 3 funders$70K
See all 3 funders →
Grants paid · 1 grant · $30K · 2024–2024
Light 2 Path LLCFY2024$30,000

Compare

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$295K revenue · viewing · ⤓ 990 PDF
FY2024$171K revenue · ⤓ 990 PDF
FY2023$208K revenue · ⤓ 990 PDF
FY2022$224K revenue · ⤓ 990 PDF
FY2021$221K revenue · ⤓ 990 PDF
FY2020$343K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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