2016-11-11T16:06:48-06:00 2015-12-31 363990892 Capin Crouse LLP 972 Emerson Parkway Ste A Greenwood IN 46143 990 2015-01-01 364469008 Josiah Venture JOSI 6305805750 PO Box 4317 Wheaton IL 60187 Frank Fernandes Treasurer 6305805750 2016-11-11 1 Daren Daiga P01074795 3178852620 2015 2017-02-10 21:41:12Z Dave Patty PO Box 4317 Wheaton IL 60187 11176101 0 X www.josiahventure.com X 2001 IL Christian leadership training & evangelism to youth throughout Central and Eastern Europe. 8 6 134 1800 0 0 11589837 11272619 -7471 -123087 29534 26563 152 6 11612052 11176101 1552258 2145049 0 0 4178557 4724997 0 0 309716 2535252 3282951 8266067 10152997 3345985 1023104 7172098 8192559 10697 8054 7161401 8184505 To equip young leaders throughout Central and Eastern Europe to fulfill Christ's commission through the local church. 0 0 6079884 23200 -123087 Developing national youth leaders, engaging in work with youth training and teaching the Bible particularly in countries of Central and Eastern Europe. Josiah Venture is currently doing ministry in Bulgaria, Croatia, Czech Republic, Estonia, Germany, Hungary, Latvia, Poland, Romania, Serbia, Slovakia, Slovenia, and Ukraine. In 2015, Josiah Venture ministries shared the gospel with over 20,000 unbelievers, had over 3,500 students attend discipleship events, and trained over 4,600 leaders. 2847450 2121849 0 Operating grants to assist partnering overseas organizations. Josiah Venture currently partners with nine national partner organizations in Central and Eastern Europe. These organizations are in the Czech Republic, Estonia, Latvia, Poland, Romania, Serbia, Slovakia, Slovenia, and Ukraine. 8927334 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 1 0 1 1 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 1 0 0 0 1 6 0 1 134 1 0 1 EZ 0 0 0 0 0 0 0 0 X 8 6 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 HI MD MN NH TN WI WV IL X Brian Stephens 6305805750 209 E Liberty Dr Wheaton IL 60187 H Phillip Vierling Board Chairman 1.00 X X 0 0 0 Frank Fernandes Treasurer 1.00 X X 0 0 0 Dave Patty President 40.00 X X 117241 0 12821 Scott Ardavanis Vice Chairman 1.00 X X 0 0 0 Dann Spader Director/GYI Director 40.00 X 83019 0 52335 Don Christensen Director 1.00 X 0 0 0 Jack Webster Director 1.00 X 0 0 0 Milan Michalko Director 1.00 X 0 0 0 Mel Ellenwood Executive Vice President 40.00 X 67813 0 12342 Brian Stephens Director of Operations 40.00 X 36189 0 11771 304262 0 89269 1 0 0 0 0 11272619 11272619 Other program revenue 900099 6865 6865 Application Fees 900099 2215 2215 Program related invst. 900009 -132167 -132167 -123087 26563 26563 6 6 11176101 -123087 0 26569 6200 6200 17000 17000 2121849 2121849 394324 341969 39462 12893 63000 53645 7341 2014 3521744 2998771 410377 112596 27432 23674 2869 889 465169 431350 17314 16505 253328 216861 29127 7340 3516 1015 2501 154610 154610 104600 99830 4770 10399 9570 117 712 159318 125283 26608 7427 46994 23497 23497 43194 21597 21597 75807 49753 24293 1761 179482 141634 28683 9165 5664 2832 2832 Ministry expenses 2260009 2126347 5568 128094 JV Wide program expense 117080 117080 Equipment 14964 9587 5034 343 New missionary training 5654 3146 2508 101660 84674 11779 5207 10152997 8927334 915947 309716 3593059 3386595 786404 2408100 38527 4085 909635 711235 36044 6282 1808429 1676262 7172098 8192559 10697 8054 10697 8054 X 2997137 3618236 4164264 4566269 7161401 8184505 7172098 8192559 1023104 0 X X 0 1 X 1 0 X 7751821 8198411 8159737 11589837 11272619 46972425 7751821 8198411 8159737 11589837 11272619 46972425 46972425 15815 37685 26817 29686 26569 136572 47108997 15367 0.99710 0.99700 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 Investment in Subsidiary 1676262 C 1676262 X Part X, Line 2: The combined financial statement effects of a tax position taken or expected to be taken are recognized in the combined financial statements when it is more likely than not, based on the technical merits, that the position will be sustained upon examination. Interest and penalties, if any, are included in expenses in the combined statements of activities. As of December 31, 2015 and 2014, Josiah Venture had no uncertain tax positions that qualify for recognition or disclosure in the combined financial statements. Josiah Venture, NFP files information tax returns in the U.S. and various states. Josiah Venture, NFP is generally no longer subject to U.S. federal and state income tax examinations by tax authorities for years before 2012. 1 Europe (Including Iceland & Greenland) 0 0 Grants to recipients located in region 2075963 Europe (Including Iceland & Greenland) 8 0 Program services Training programs, evangelism, discipleship 6200343 Russia & the Newly Independent States 1 0 Program services Training programs, evangelism, discipleship 379220 Russia & the Newly Independent States 0 0 Grants to recipients located in region 14786 Central America and the Caribbean 0 0 Grants to recipients located in region 31100 9 0 0 0 9 0 8701412 0 8701412 Europe (Including Iceland & Greenland) Program operations 714138 Wire Transfer Europe (Including Iceland & Greenland) Program operations 569473 Wire Transfer Europe (Including Iceland & Greenland) Program operations 270275 Wire Transfer Europe (Including Iceland & Greenland) Program operations 158986 Wire Transfer Europe (Including Iceland & Greenland) Program operations 99502 Wire Transfer Europe (Including Iceland & Greenland) Program operations 140409 Wire Transfer Europe (Including Iceland & Greenland) Program operations 22913 Wire Transfer Europe (Including Iceland & Greenland) Program operations 41767 Wire Transfer Europe (Including Iceland & Greenland) Program operations 58500 Wire Transfer Russia & the Newly Independent States Program operations 14786 Wire Transfer Central America and the Caribbean Global Youth Initiative 31100 Wire Transfer 10 1 0 0 0 0 1 0 Part I, Line 2: All grantees must submit an annual report to Josiah Venture's governing board. These reports are monitored to ensure compliance with use of grant funds. On a rotating basis, different organizations give in-person reports at board meetings. Part I, line 3: Expense reports are based on Generally Accepted Accounting Principles. All expenses are recorded/tracked under the accrual basis of accounting. 1 Global Youth Initiative 1 17000 Part I, Line 2: The board reviews the amount sent and a staff member overseas the relationship. Visits are made to be sure the funds are used as expected. Connie Patty Spouse of President 22500 W-2 wages 0 Amy Ellenwood Spouse of Executive VP 22500 W-2 wages 0 Aleisha Stephens Spouse of Director of Operations 18000 W-2 wages 0 Form 990, Part VI, Section A, line 1 The Executive Committee is the standing committee responsible for overseeing the operations of the Corporation. Its membership consists of all elected officers of the Corporation and the Chairperson of the Board of Directors. Additional Trustees may be appointed by the Chairperson from time to time to serve on the Executive Committee in an at-large capacity. Form 990, Part VI, Section B, line 11 Form 990 is prepared by an independent accountant and reviewed in detail by the organization's top management. Each board member will be given a draft of the reviewed Form 990 prior to filing with the IRS. Form 990, Part VI, Section B, line 12c Conflict of interest policy disclosure statements are signed annually by all Directors and Officers and reviewed each year by the governing body. Should any potential conflicts of interest be disclosed, the Director or Officer would be asked to refrain from participation in any decision with regard to matters affected by the relationship. Form 990, Part VI, Section B, line 15 Independent board members meet annually to discuss, document, and approve the President's compensation, which is considered for reasonableness using comparative data from the Evangelical Council for Financial Accountability (ECFA). The governing board appoints the Finance Committee to review and approve all other officer compensation packages using comparative data from ECFA in the analysis. All decisions are documented in the board or committee minutes. Form 990, Part VI, Section C, line 19 The organization's governing documents, financial statements, and conflict of interest policy are available to the public upon request. Form 990, Part XII, Line 2c The organization's Finance committee assumes responsibility for oversight of the audit of its financial statements and selection of its independent accountant. This process has not changed since the prior year. JV Europe Emila Pajurka 142 Frydlant nad Ostravici EZ 73911 Support the mission of Josiah Venture EZ 501(c)(3) Josiah Venture 0 JV-KAM SRO Emila Pajurka 142 73911 Frydlant n EZ Maintain JV's tangible fixed assets in Czech Republic EZ Josiah Venture Related -132167 2359987 0 1 0.80000 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 JV-KAM SRO D 686600 Fair market value