EDVENTURE GROUP INC

EIN: 161642857 501(c)(3) Education

Morgantown, WV

Total Revenue
$1,543,669
Total Expenses
$1,485,101
Total Assets
$1,568,651
Net Assets
$740,262
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Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
WV
Principal Officer
Lydotta Taylor
Phone
3042969021
Tax Period
2024-01-01 to 2024-12-31

EDVENTURE GROUP INC, founded in 2003, is a community nonprofit in the Education sector that reported $1.5M in total revenue in fiscal year 2024. Expenses of $1.5M left a modest 4% surplus.

Mission

To provide quality professional development to educators To develop programs that help students excel in their learning environment To provide leadership and change management training to educators and business To actively engage families in education

Program Service Accomplishments

Program 1
Expenses: $45,991 Revenue: $53,159

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...

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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 educational work in the region and enhanced school programs

Program 2
Expenses: $1,146,767 Revenue: $1,287,374

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...

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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.

Program 3
Expenses: $112,915 Revenue: $184,438

Designed and delivered curriculum and training for k12 students through aftershool programs and in school workshops focused on math, science, reading and leadership. Helped after school teachers...

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Designed and delivered curriculum and training for k12 students through aftershool programs and in school workshops focused on math, science, reading and leadership. Helped after school teachers implement programs focused on innovative teaching strategies. Provided k12 students with workshops and direct instruction in leadership and promoting continuing education.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,278,048
Program Service Revenue $246,924
Investment Income $18,697
Other Revenue $0
TOTAL REVENUE $1,543,669

Expense Breakdown

Grants Paid $0
Salaries & Benefits $934,013
Fundraising Expenses $0
Program Expenses $1,305,673
Other Expenses $551,088
TOTAL EXPENSES $1,485,101

Year-over-Year Comparison

2024 2023 Change
Revenue $1,543,669 $1,599,404 0.0%
Expenses $1,485,101 $1,561,483 0.0%
Net Income $58,568 $37,921 +0.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
6
Independent Members
6
Employees
12
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
0
$0
Total Directors
5
$202,554
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Lydotta Taylor President, CEO 30
Director
$202,554 $0 $202,554
Marilyn McLure Demers Member 0
Director
$0 $0 $0
Ken Gray Member 0
Director
$0 $0 $0
Mark Nesselroad Member 0
Director
$0 $0 $0
Patrick Templeton Chairman 0
Director
$0 $0 $0
Gary Stoops Secretary 0
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $1,543,669 $1,485,101 $1,568,651 $58,568
2023 $1,599,404 $1,561,483 $1,512,080 $37,921
2022 $1,464,904 $1,503,725 $1,495,011 $-38,821
2021 $1,503,828 $1,490,453 $1,197,044 $13,375
2020 $1,783,507 $1,696,558 $1,148,595 $86,949
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