Josiah Venture

Summary

King Josiah began seeking God at age 16. By the time he was 26, God had used Josiah to bring revival to the land, rebuild the house of God, and restore the Word of God to its central place (2 Chr. 34). Central and Eastern Europe desperately needs its own Josiahs, young men and women who lead the way spiritually, as this young king did. More than just conversion, we want to see passionate followers of Jesus Christ, with a vision to reach and disciple their generation for Him.


Contact information

Mailing address:
Josiah Venture
PO Box 4317
Wheaton, IL 60189

Website: josiahventure.com

Phone: 630-221-9332

Email: cteam.staff@josiahventure.com


Organization details

EIN: 364469008

CEO/President: Dave Patty

Chairman: H. Philip Vierling

Board size: 10

Founder:

Year founded: 2001

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: Yes

Member of ECFA since: 2006


Purpose

Our vision is a movement of God among the youth of Central and Eastern Europe that finds its home in the local church and transforms society.


Mission statement

To equip young leaders to fulfill Christ's commission through the local church.


Statement of faith

WE BELIEVE that the Holy Scriptures, both the Old and the New Testaments, are fully inspired by the Holy Spirit, without error in the original manuscripts, infallible, and the final authority in all matters of faith and practice. WE BELIEVE in one God, Creator of all things, eternally existing in three persons: Father, Son, and Holy Spirit. WE BELIEVE that man was created in the image of God, but through Adam's sin became alienated from God, acquired a sin nature, and came under the judicial sentence of death. As a consequence, man is lost, unable to save himself from the wrath of God, and needs to be saved. WE BELIEVE in the Lord Jesus Christ, fully God and fully man, born of a virgin, sinless and perfect, the only Savior. We believe that He carried our sins in His body on the cross, rose from the dead, ascended to heaven, and is now at the right hand of God, mediating for us. We believe in the personal and physical return of Christ in power and glory. WE BELIEVE that salvation is a gift of God, sovereignly offered by grace to those who repent and place their faith in the Lord Jesus Christ; and that all who truly believe in Him are eternally saved on the basis of His shed blood. WE BELIEVE in God the Holy Spirit who indwells all believers to convict, enlighten, sanctify, empower, and guide them in life and service. WE BELIEVE that the true Church is composed of persons who, through saving faith in Jesus Christ, have been regenerated by the Holy Spirit and are united together in the body of Christ, of which He is Head. WE BELIEVE in the bodily resurrection of both the saved and the lost; they that are saved unto eternal life with God, and they that are lost unto eternal punishment separated from God. WE BELIEVE that Christ commanded the church to make disciples of all peoples, by going into all the world, baptizing people in the name of the Father, Son, and Holy Spirit, and teaching them to obey all that Christ commanded. (Josiah Venture also accepts the Lausanne Covenant and the World Evangelical Fellowship Statement of Faith.)

Transparency grade

This ministry has not been assigned a transparency grade.

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Leadership Training

CategoryRatingOverall rankSector rank
Overall efficiency rating146 of 6245 of 15
Fund acquisition rating9 of 6251 of 15
Resource allocation rating128 of 6254 of 15
Asset utilization rating522 of 62413 of 15

Financial ratios

Funding ratiosSector median20182017201620152014
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
12%3%2%2%3%3%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
9%3%2%3%3%3%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
75%101%97%102%101%100%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
8%3%3%3%3%5%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
25%-1%3%-2%-1%0%
 
Operating ratiosSector median20182017201620152014
Program expense ratio Program expense ratio =
Program services /
Total expenses
79%87%86%88%88%88%
Spending ratio Spending ratio =
Total expenses /
Total revenue
96%91%82%85%91%71%
Program output ratio Program output ratio =
Program services /
Total revenue
78%80%71%75%80%63%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
4%9%18%15%9%29%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
8%8%18%19%13%47%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
11%10%11%9%9%7%
 
Investing ratiosSector median20182017201620152014
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.820.880.851.051.241.15
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.231.901.771.721.411.61
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.461.681.501.811.751.86
 
Liquidity ratiosSector median20182017201620152014
Current ratio Current ratio =
Total current assets /
Total current liabilities
6.24138.93703.74124.43720.77416.38
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.160.010.000.010.000.00
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.477.118.006.586.856.45
 
Solvency ratiosSector median20182017201620152014
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
14%0%0%0%0%0%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
43%113%118%94%81%87%

Financials

Balance sheet
 
Assets20182017201620152014
Cash$7,042,131$6,522,922$5,859,536$5,794,695$4,379,463
Receivables, inventories, prepaids$15,261$22,719$26,751$10,367$74,571
Short-term investments$0$403,094$0$0$0
Other current assets$0$0$0$0$0
Total current assets$7,057,392$6,948,735$5,886,287$5,805,062$4,454,034
Long-term investments$1,584,543$1,721,104$1,441,539$1,676,262$1,808,429
Fixed assets$320,822$331,973$343,123$0$0
Other long-term assets$4,478,468$3,277,351$2,429,052$711,235$909,635
Total long-term assets$6,383,833$5,330,428$4,213,714$2,387,497$2,718,064
Total assets$13,441,225$12,279,163$10,100,001$8,192,559$7,172,098
 
Liabilities20182017201620152014
Payables and accrued expenses$50,799$9,874$47,307$8,054$10,697
Other current liabilities$0$0$0$0$0
Total current liabilities$50,799$9,874$47,307$8,054$10,697
Debt$0$0$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$0$0$0$0
Total long-term liabilities$0$0$0$0$0
Total liabilities$50,799$9,874$47,307$8,054$10,697
 
Net assets20182017201620152014
Unrestricted$7,686,687$6,793,786$5,253,751$3,618,236$2,997,137
Temporarily restricted$0$5,475,503$4,798,943$4,566,269$4,164,264
Permanently restricted$5,703,739$0$0$0$0
Net assets$13,390,426$12,269,289$10,052,694$8,184,505$7,161,401
 
Revenues and expenses
 
Revenue20182017201620152014
Total contributions$13,037,748$12,298,609$12,740,252$11,272,619$11,589,837
Program service revenue($103,813)$314,123($231,644)($123,087)($7,471)
Membership dues$0$0$0$0$0
Investment income$21,811$17,097$12,285$26,563$29,534
Other revenue$28$1,204$0$6$152
Total other revenue($81,974)$332,424($219,359)($96,518)$22,215
Total revenue$12,955,774$12,631,033$12,520,893$11,176,101$11,612,052
 
Expenses20182017201620152014
Program services$10,339,481$8,996,232$9,381,687$8,927,334$7,287,331
Management and general$1,153,713$1,128,099$957,840$915,947$579,563
Fundraising$332,173$290,107$313,177$309,716$399,173
Total expenses$11,825,367$10,414,438$10,652,704$10,152,997$8,266,067
 
Change in net assets20182017201620152014
Surplus (deficit)$1,130,407$2,216,595$1,868,189$1,023,104$3,345,985
Other changes in net assets$0$0$0$0$0
Total change in net assets$1,130,407$2,216,595$1,868,189$1,023,104$3,345,985

Response from ministry

No response has been provided by this ministry.


History

The seeds of a vision for Josiah Venture were first sown in Germany in 1989 among a group of American youth pastors who were ministering on U.S. military bases in Western Europe. The sweeping changes that followed the removal of the Berlin Wall that year opened new doors of ministry to Central and Eastern Europe as the region became accessible for summer missions projects. Those youth pastors brought teams of youth to Hungary, and then to Czechoslovakia, Poland, and Yugoslavia. In spite of forty years of communist oppression, they found an unexpected openness to the gospel. A new generation of young people was hungry for truth and anxious to chart a new course. Soon it became obvious that more than short-term work was necessary. In 1992, three couples made initial 10-year commitments to help local churches in Central and Eastern Europe reach young people for Christ. By June 1993, the couples entered into strategic partnerships with Sonlife Ministries and International Teams. Sonlife gave permission to adapt their training materials to the needs of Central and Eastern Europeans, and International Teams provided the organizational infrastructure necessary to support the work. The partnership took on the name "Josiah Venture" in honor of the godly Jewish king in 2 Chronicles whose devotion to the Word of God brought revival to an entire nation while he was still in his teens. In November of that year, the first two Josiah Venture couples moved into Czech and Poland and began learning the language and training youth leaders. By the fall of 2001, the work had outgrown the original structure, and the leadership recognized the need to open the way for expanded growth. In January of 2002, Josiah Venture was launched as its own mission organization, with administrative offices in Wheaton, Illinois. Today, Josiah Venture has grown with over 300 staff members in 16 countries across Central and Eastern Europe.


Program accomplishments

We currently serve in 16 countries: Albania, Bulgaria, Croatia, Czech Republic, Estonia, Germany, Hungary, Latvia, Moldova, Montenegro, Poland, Romania, Serbia, Slovakia, Slovenia, Ukraine


Needs