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Adventure Project Corp

Adventure Project Corp

Brooklyn, NY 11201
Tax ID27-3809595

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About this organization

Revenue

$433,180

Expenses

$914,836

Website

theadventureproject.org

Mission

Our mission is to 'add venture' capital to end extreme poverty by supporting entrepreneurs in developing countries to create jobs and build local capacity to solve some of the world's greatest problems affecting the environment, health, hunger, and water.

About

Water: over one-third of all wells drilled in the last twenty years are now broken-50,000 are currently broken in Africa alone. We are working with Water for People to train local well mechanics to fix and maintain wells in Uganda, as well as build pipelines to families' homes. Mechanics, water operators, and caretakers earn income from their communities. To date, we have rehabilitated 71 wells and constructed one piped water systems, and two tap stands in Kamwenge District in Uganda, bringing clean water to over 794,313 people and creating jobs for 316 well mechanics, caretakers, well chairpersons, and water operators.

Interesting data from their 2020 990 filing

The non-profit's aim, as stated in the filing, is “Our mission is to "add venture" capital to end extreme poverty by supporting entrepreneurs in developing countries to create jobs and build local capacity to solve some of the world's greatest problems affecting the environment, health, hunger, and water.”.

When referring to its actions, they were outlined as: “Our mission is to "add venture" capital to end extreme poverty by supporting entrepreneurs in developing countries to create jobs and build local capacity to solve some of the world's greatest problems affecting the environment, health, hunger, and water.”.

  • The non-profit has complied with legal obligations by reporting their state of operation as NY.
  • The non-profit's address in 2020 is noted in the filing as 81 PROSPECT ST, BROOKLYN, NY, 11201.
  • The non-profit's form for 2020 reports a total of 4 employees.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Has foreign activities.
  • Is not a donor advised fund.
  • Is not a private foundation.
  • Expenses are between $500,000 and $1,000,000+.
  • Revenue is between $250,000 and $500,000.
  • Revenue less expenses is -$481,656.
  • The salary policy for the CEO of the organization is established through a review and approval by an impartial party.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has 8 independent voting members.
  • The organization was formed in 2010.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule O.
  • The organization's financial statements were compiled or reviewed by an accountant.
  • The organization pays $390,438 in salary, compensation, and benefits to its employees.
  • The organization pays $209,636 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization has minutes of its meetings.
  • The organization has a written whistleblower policy.
  • The organization has grants to organizations.

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