Adventure Resources
- Assets
- $85.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Charlotte, NC
- Founding
- 07/2012
- Data as of
- 12/2023
- EIN
- 45-4734812
Organization Overview
Adventure Resources is located in Charlotte, NC. The organization was established in 2012. According to its NTEE Classification (X90) the organization is classified as: Interfaith Coalitions, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Adventure Resources 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 12/2023, Adventure Resources generated $46.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (7.0%) each year. All expenses for the organization totaled $37.4k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (6.8%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
WE SERVED 100'S OF PEOPLE IN THE GREATER CHARLOTTE COMMUNITY PROVIDING SMALL GROUP EXPERIENCES, ONE-ON-ONE DISCIPLESHIP OPPORTUNITIES AND CITYWIDE GATHERINGS AND RETREATS. SEVERAL SMALL RETREAT WERE ALSO HELD THIS YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Seitz President | 2 | $0 | |
Benjie Guion Treasurer | 2 | $0 | |
Robert Wright Secretary | 2 | $0 | |
John Austin Executive Director | 40 | $21,300 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $46,015 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $46,015 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $9,600 |
| Salaries, other compensation, and employee benefits | $21,300 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $1,543 |
| Printing, publications, postage, and shipping | $474 |
| Other expenses | $4,514 |
| Total expenses | $37,431 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $85,948 |
| Other assets | $0 |
| Total assets | $85,948 |
| Total liabilities | $0 |
| Net assets or fund balances | $85,948 |