Ventures International Association Inc in Gulfport, Florida (FL)

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Ventures International Association Inc
Employer Identification Number (EIN)720956258
Name of OrganizationVentures International Association Inc
Address6250 Kipps Colony Ct S Apt 105, Gulfport, FL 33707-3982
ActivitiesScholarships (other)
SubsectionCharitable Organization
Ruling Date10/1983
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2012
Assets$1 to $9,999
Income$25,000 to $99,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$7,369
Amount of Income$34,000
Form 990 Revenue Amount$34,000
National Taxonomy of Exempt Entities (NTEE)International, Foreign Affairs and National Security: International Student Exchange and Aid


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Amount of income in 2012: $34,000 (it was $32,300 in 2011)
This organization: 

 $34,000
Other organizations performing similar types of work: 

 $604,197

Assets in 2012: $7,369 (it was $4,438 in 2011)
This organization: 

 $7,369
Other organizations performing similar types of work: 

 $369,841

Expenses in 2012: $31,069
Ventures International Association Inc: 

 $31,069
Other organizations performing similar types of work: 

 $635,943

Income to expenses ratio in 2012: 1.1
Ventures International Association Inc: 

 1.1
Other organizations performing similar types of work: 

 1.2

Grants share in income in 2012: 0.0%
Ventures International Association Inc: 

 0.0%
Other organizations performing similar types of work: 

 2.3%

Financial snapshot ($)

Functional expenses for 2012

Statements Regarding Other IRS Filings and Tax Compliance (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2012)
Total revenue$34,000
Contributions, Gifts, Grants and Other Similar Amounts$0
Program Service Revenue$34,000
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$0
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2012)
Total functional expenses$31,069
Compensation of current officers, directors, trustees, and key employees$23,000
Other salaries and wages$0
Payroll taxes$0
Professional fundraising services$0
Other$8,069
Balance Sheet (for 2012)
Total assets$7,369
Total liabilities$0
Total net assets or fund balances$7,369
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Tsinghua Education Foundation N A Inc2200 Sand Hill Rd Ste 160, Menlo Park, CA 94025-6936CA1998-04$42,276,295
2School Year Abroad Inc120 Water St Ste 310, North Andover, MA 01845-2650MA1977-01$13,219,676
3The International Student Exchange Programs, Isep1655 N Fort Mayer Dr, Arlington, VA 22209-3113VA1997-11$9,280,248
4South Africa Partners Inc89 South St Ste 701, Boston, MA 02111-2746MA1998-03$5,004,093
5Students InternationalPO BOX 2733, Visalia, CA 93279-2733CA1995-03$4,152,269
6Worldteach IncOne Brattle Sq Ste 550, Cambridge, MA 02138-3723MA1992-03$3,215,891
7Sts Foundation100 Main St Ste 420, Concord, MA 01742-2528MA1986-05$1,753,904
8Swedish Program In Organizational Studies And Policy Inc198 College Hill Rd, Clinton, NY 13323-1218NY1989-05$1,732,992
9World Heritage International Student Exchange Programs Inc277 Lower Cliff Dr, Laguna Beach, CA 92651-1824CA1982-02$1,245,460
10Rhodes Trust, Gutter La CheapsideOxford Ox1 3rg, Arubainternational1961-01$780,000
11Terra Lingua, Terra Lingua Usa3 Helen Rd, Terryville, CT 06786-7033CT1998-04$701,088
12United States-Japan Bridging Foundation Inc1201 15th Street Nw, Washington, DC 20005-2899DC1998-07$588,368
13The Italian Student Loan Fund Corp00186 Rome, Italyinternational1980-02$398,579
14Spoleto Study Abroad10600 Brownsburg Pl, Raleigh, NC 27613-6356NC1998-03$396,489
15American Friends Of Livnot UlehibanotPO BOX 811715, Boca Raton, FL 33481-1715FL1990-03$386,226
16Youth Service International Inc5815 N Cicero Ave, Chicago, IL 60646-6609IL1995-05$365,292
17Rotary Club Of Des Moines Foundation2700 Fleur Dr, Des Moines, IA 50321-1702IA1983-06$293,454
18Jewish Leadership Institute Inc925 Arthur Godfrey Rd Ste 101, Miami Beach, FL 33140-3337FL1992-03$215,596
19Mission To Japan Inc1010 Seneca Falls Dr, Orlando, FL 32828-6605FL1997-03$150,783
20Ventures International Association Inc6250 Kipps Colony Ct S Apt 105, Gulfport, FL 33707-3982FL1983-10$34,000
Number of organizations performing similar types of work
Arkansas1
Arizona2
California22
Colorado1
Connecticut4
District of Columbia8
Florida4
Georgia6
Iowa1
Illinois5
Indiana3
Kansas1
Massachusetts14
Maryland3
Maine1
Michigan3
Minnesota4
Missouri19
North Carolina5
North Dakota1
New Jersey8
Nevada1
New York28
Ohio3
Oklahoma2
Oregon5
Pennsylvania9
Tennessee2
Texas5
Utah1
Virginia4
Vermont2
Washington6
Wisconsin2
West Virginia1
Wyoming1
International4
Total192

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