Edventure Group Inc
- Assets
- $1.2m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 10
- Location
- Morgantown, WV
- Founding
- 07/2003
- Data as of
- 12/2021
- EIN
- 16-1642857
Organization Overview
Edventure Group Inc is located in Morgantown, WV. The organization was established in 2003. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Education and related organizations. As of 12/2021, Edventure Group Inc employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Edventure Group Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Edventure Group Inc generated $1.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.7% each year . All expenses for the organization totaled $1.5m during the year ending 12/2021. While expenses have increased by 14.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE TRAINING AND CONSULTING FOR K-12 EDUCATORS AND ADMINISTRATORS AND FAMILIES REGARDING THE USE OF NEW EDUCATION PRACTICES AS WELL AS LEADERSHIP AND CHANGE MANAGEMENT AND FAMILY ENGAGEMENT FOR BOTH EDUCATORS AND BUSINESSES
Describe the Organization's Program Activity:
Part 3 - Line 4a
WORKED THROUGHOUT THE REGION TO BUILD RESEARCH ALLIANCES WITH SCHOOL DISTRICTS, STATE SCHOOL SYSTEMS AND REGIONAL EDUCATION AGENCIES. COORDINATED, DESIGNED, ATTENDED AND PRESENTED REPORTS AT WORKSHOPS, EVENTS AND OTHER MEETINGS TO PROVIDE EDUCATION RESEARCH PRACTITIONERS INFORMATION. RESEARCH EFFORTS TO SUPPORT EDUCAITONAL WORK IN THE REGION AND ENHANCED SCHOOL PROGRAMS
CREATED EDUCATIONAL RESOURCES FOR K12 TEACHERS, STUDENTS AND COMMUNITY MEMBERS TO INCREASE KNOWLEDGE IN AREAS OF TECHNOLOGY AND ENTREPRENEURSHIP. TRAINED TEACHERS ON THE USE OF TECHNOLOGY RESOURCES THAT PROVIDE THEM WITH THE SKILLS TO HELP STUDENTS EXCEL IN HOMEWORK, RESUME WRITING AND ENTREPRENEURSHIP AND FINDING COLLEGE RESOURCES. WORKED TO ENGAGE FAMILIES IN THE EDUCATION PROCESS.
DESIGNED AND DELIVERED CURRICULUM AND TRAINING FOR K12 STUDENTS THROUGHT AFTERSHOOL PROGRAMS AND IN SCHOOL WORKSHOPS FOCUSED ON MATH, SCIENCE, READING AND LEADERSHIP. HELPED AFTER SCHOOL TEACHERS IMPLEMENT PROGRAMS FOCUSED ON INNOVATIVE TEACHER STRATEGIES. PROVIDED K12 STUDNETS WITH WORKSHOPS AND DIRECT INSTRUCTION IN LEADERSHIP AND PROMOTING CONTINUING EDUCATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lydotta M Taylor President/treasurer | Officer | 40 | $262,331 |
Patrick Templeton Chairman | Officer | 0 | $0 |
Gary Stoops Secretary | Officer | 0 | $0 |
Mark Nesselroad Member | Officer | 0 | $0 |
Ken Gray Member | Trustee | 0 | $0 |
Marilyn Mclure Demers Member | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,297,618 |
| All other contributions, gifts, grants, and similar amounts not included above | $43,580 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,341,198 |
| Total Program Service Revenue | $162,189 |
| Investment income | $441 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,503,828 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $265,645 |
| Compensation of current officers, directors, key employees. | $32,533 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $342,305 |
| Pension plan accruals and contributions | $12,000 |
| Other employee benefits | $209,056 |
| Payroll taxes | $52,576 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $7,860 |
| Fees for services: Accounting | $37,039 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $147,732 |
| Advertising and promotion | $0 |
| Office expenses | $14,740 |
| Information technology | $13,301 |
| Royalties | $0 |
| Occupancy | $21,111 |
| Travel | $27,061 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $34,802 |
| Interest | $631 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,472 |
| All other expenses | $0 |
| Total functional expenses | $1,490,453 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $367,953 |
| Savings and temporary cash investments | $261,621 |
| Pledges and grants receivable | $231,944 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $5,714 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $329,812 |
| Total assets | $1,197,044 |
| Accounts payable and accrued expenses | $31,821 |
| Grants payable | $0 |
| Deferred revenue | $152,819 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $329,812 |
| Total liabilities | $514,452 |
| Net assets without donor restrictions | $682,592 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,197,044 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Edventure Group Inc has recieved totaling $20,800.
| Awarding Organization | Amount |
|---|---|
Eqt Foundation Pittsburgh, PA PURPOSE: EDUCATION & WORKFORCE | $20,800 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Board For Professional Teaching Standards Inc Arlington, VA | $7,108,000 | $15,320,880 |
Air Force Association Arlington, VA | $41,846,008 | $19,163,734 |
Virginia Education Association Inc Richmond, VA | $23,884,810 | $14,278,542 |
Society Of Hospital Medicine Philadelphia, PA | $18,912,774 | $11,282,806 |
Pennsylvania School Boards Association Inc Mechanicsburg, PA | $12,806,871 | $8,442,070 |
Ohio School Boards Association Columbus, OH | $19,022,558 | $9,269,056 |
South Carolina Center For Fathers And Families Cleveland, OH | $2,234,846 | $8,447,371 |
Ohio Society Of Certified Public Accountants Columbus, OH | $10,948,438 | $7,921,101 |
National Association Of Colleges And Employers Bethlehem, PA | $16,581,342 | $8,504,625 |
Association For Career And Techinical Education Inc Alexandria, VA | $9,964,883 | $5,708,623 |
Career Education Colleges And Universities Arlington, VA | $6,463,157 | $5,551,866 |
National Association Of College Stores Inc Oberlin, OH | $6,119,937 | $5,949,877 |