Venture Off FY2023 filing

Tax-deductible

Colorado Spgs, CO501(c)(3)ReligionEIN 87-2515015

The purpose of Venture Off is to partner with the Holy Spirit to ignite a passion for Jesus through wilderness experiences. We accomplish this in four ways: Local discipleship groups for both High school and College-age students that combines discipleship and adventure training, Taking organizations of wilderness adventures, training and certifying the next generation, and using adventure as a vehicle of ministering the gospel in international locations.

501(c)(3) charity; gifts are tax-deductible.
83¢ of each $1 spent went to programs.
$83K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 3
filings with a surplus
Average surplus $19K a year · 5% of revenue · last 3 filings
Fine: a surplus in 2 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
83%
of spending
Looks good: 83% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$83K
to officers and key staff · 23% of spending
Worth a look: pay to officers and key staff is 23% of spending; over 20%.
Pt VII · Sec A
Cash reserves
3 mo
of spending, in cash
Fine: 2.7 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$295
0.3% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
0
of 4 voting members
Concern: none of 4 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$420K
+94% vs prior year
Spent
$358K
To programs
83%
Net assets
$107K
By yearFY2021–FY2024
Revenue
$420K
FY2023▲ +94%
Revenue by fiscal year
FY2021$93K
FY2022$216K
FY2023$420K
FY2024$565K
Expenses
$358K
FY2023▲ +69%
Expenses by fiscal year
FY2021Not on file
FY2022$212K
FY2023$358K
FY2024$573K
Net assets
$107K
FY2023▲ +121%
Net assets by fiscal year
FY2021$45K
FY2022$48K
FY2023$107K
FY2024$98K

From the FY2023 Form 990 · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Feb 2022.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

83 cents of each dollar spent went to programs.

Program services 83% · $296K Management & general 17% · $62K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

5 people listed on the 990; $83K paid to officers and key staff.

Part VII, Section A · reportable compensation
Director
$43,077Pt VII · Sec A
Founder/Chairman
$39,676Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Jeff Cooper’s $43K as Founder/Chairman is at the 44th percentile of top reported officer pay among 2133 $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 · 2 named individuals · Part VII

NameFY2024FY2023FY2022
Jeff Cooper$42,544$39,676$61,610
Chad Tabor$36,568$43,077$12,800

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.

See Venture Off executive salaries →

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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 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Ignites passion for Jesus through wilderness adventures and discipleship for young people.

Provided by the organization

This section is blank until Venture Off claims this page.

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1 program service account for $296K of program spending, described in the organization's own filed words · FY2023.
01

In the third year of Venture Off, we organized and guided 200+ people out into the wilderness to engage them in challenging, life-changing adventures. During our time, we discipled, trained, encouraged, and challenged participants using God's wilderness to help them develop more fully as leaders and contributors in their spheres of…

$296Kprogram expense

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By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$420K
Ln 12
Fees for servicesLn 2g$342K
Gifts and grantsLn 1h$77K
Money outPt IX
$358K
Ln 25
Programscol B$296K
Managementcol C$62K
Owns and owesPt X
$107K
net assets · Ln 32
Cash and savingsLn 1–2$80K
Total assetsLn 16$107K
LiabilitiesLn 26$295
PeoplePt VI, VII
5
listed · VII A
PaidVII A2
Voting boardVI 1a4
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$77K
Government grantsLn 1e$0
Noncash giftsLn 1g$0
Fundraising eventsLn 1c$0
Fees for servicesLn 2g$342K
Total revenueLn 12$420K
Assets in detailPt X, end of year
CashLn 1$79K
SavingsLn 2$900
Cash and savings togetherLn 1–2$80K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$27K
Total assetsLn 16$107K
LiabilitiesLn 26$295
Net assetsLn 32$107K
OperationsPt I, VI
EmployeesI 55
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$9K$80K
InvestmentsLn 11–13$0$0
Land, buildings, equipmentLn 10c$0$27K
Total assetsLn 16$48K$107K
LiabilitiesLn 26$0$295
Net assetsLn 32$48K$107K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$83K$41K$41K
Other salaries and wagesLn 7$90K$90K
Payroll taxesLn 10$20K$15K$5K
Legal feesLn 11b$585$585
Other fees for servicesLn 11g$103K$103K
Advertising and promotionLn 12$1K$1K
Office expensesLn 13$100$100
Information technologyLn 14$7K$2K$5K
OccupancyLn 16$2K$2K
TravelLn 17$16K$16K
Payments to affiliatesLn 21$8K$8K
Depreciation, depletion and amortizationLn 22$7K$7K
InsuranceLn 23$14K$14K
Other expenses (24a–d)Ln 24$8K$7K$2K$0
All other expensesLn 24e−$116−$116
Total functional expensesLn 25$358K$296K$62K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $565K$573K−$8K$98K 990 PDF
FY2023 Viewing $420K$358K$62K$107K 990 PDF
FY2022 $216K$212K$4K$48K 990 PDF
FY2021 $93K$45K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2023 990 (4 parts)
Part VIII · Statement of revenue $419,633 across 10 lines filed
Lines not itemized here account for $16,508 of total revenue; see the IRS return.
VIII-1a Federated campaigns$0
VIII-1b Membership dues$0
VIII-1c Fundraising events$0
VIII-1d Related organizations$0
VIII-1e Government grants$0
VIII-1f All other contributions, gifts and grants$77,429
VIII-1g Noncash contributions (included above)$0
VIII-1h Total contributions, gifts and grants$77,429
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $0 · Unrelated business $0 · Excluded from tax $325,696$325,696
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $342,204$419,633
Part IX · Statement of functional expenses $358,041 across 15 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $41,377 · Management $41,376$82,753
IX-7 Other salaries and wagesPrograms $89,806$89,806
IX-10 Payroll taxesPrograms $14,953 · Management $4,722$19,675
IX-11b Legal feesManagement $585$585
IX-11g Other fees for servicesPrograms $102,505$102,505
IX-12 Advertising and promotionPrograms $1,427$1,427
IX-13 Office expensesPrograms $100$100
IX-14 Information technologyPrograms $1,715 · Management $5,379$7,094
IX-16 OccupancyPrograms $1,631$1,631
IX-17 TravelPrograms $16,141$16,141
IX-21 Payments to affiliatesManagement $7,928$7,928
IX-22 Depreciation, depletion and amortizationPrograms $6,720$6,720
IX-23 InsurancePrograms $13,579$13,579
IX-24 Other expenses (24a–d)Programs $6,562 · Management $1,651 · Fundraising $0$8,213
IX-24e All other expensesPrograms −$116−$116
IX-25 Total functional expensesPrograms $296,400 · Management $61,641 · Fundraising $0$358,041
Part X · Balance sheet $106,837 assets, 22 lines filed
X-1 Cash, non-interest-bearingStart of year $8,784$78,844
X-2 Savings and temporary cash investmentsStart of year $0$900
X-3 Pledges and grants receivableStart of year $0$0
X-4 Accounts receivableStart of year $6,501$213
X-8 Inventories for sale or useStart of year $0$0
X-9 Prepaid expenses and deferred chargesStart of year $0$0
X-10c Land, buildings and equipment, netStart of year $0$26,880
X-11 Publicly traded securitiesStart of year $0$0
X-12 Other securitiesStart of year $0$0
X-13 Program-related investmentsStart of year $0$0
X-14 Intangible assetsStart of year $0$0
X-16 Total assetsStart of year $48,185$106,837
X-17 Accounts payable and accrued expensesStart of year $0$0
X-18 Grants payableStart of year $0$0
X-19 Deferred revenueStart of year $0$0
X-20 Tax-exempt bond liabilitiesStart of year $0$0
X-24 Unsecured notes and loans payableStart of year $0$295
X-26 Total liabilitiesStart of year $0$295
X-27 Net assets without donor restrictionsStart of year $48,185$106,542
X-28 Net assets with donor restrictionsStart of year $0$0
X-32 Total net assets or fund balancesStart of year $48,185$106,542
X-33 Total liabilities and net assetsStart of year $48,185$106,837
Part XI · Reconciliation of net assets $106,542 net assets at year end
XI-1 Total revenue$419,633
XI-2 Total expenses$358,041
XI-3 Revenue less expenses$61,592
XI-4 Net assets at start of year$48,185
XI-5 Net unrealized gains (losses) on investments$0
XI-6 Donated services and use of facilities$0
XI-7 Investment expenses$0
XI-8 Prior period adjustments−$3,235
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$106,542

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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