Wema Ventures
Nonprofit profile at a glance
- EIN
- 462679145
- IRS 990-EZ coverage
- 2014–2025
- Forms available
- Form 990 2024, Form 990-EZ 2025
- Location
- Pasadena, CA, USA
- Phone
- 6263752253
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Religion Related N.E.C.
- Affiliation
- Christianity
Reported finances
- Revenue
- $187,296
- Expenses
- $180,494
- Assets
- $49,026
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- BYRON BORDEN (President)
People named in this filing
- BYRON BORDEN (President)
- LISA BORDEN (Director)
- MARK HARRIS (Treasurer)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Advance the cause of Jesus Christ by facilitating transformation in individuals and their communities through spiritual growth, leadership development, and empowerment for community development.
What it reported doing in 2025
Wema Ventures 2025 990 PSAWema Ventures is engaged in spiritual and economic development. Wema provides training, equipping, facilitation and opportunities in economic development primarily through small to medium business ventures in Tanzania. We provide mentoring/coaching to local entrepreneurs and on the job training for men and women in a various local locations. Wema is involved in various businesses including oil shop, auto parts shops, auto repair shop, and various small agricultural ventures. Wema is active in the spiritual formation/growth of individuals through our spheres of influence.2025 saw Wema Ventures continue to train and equip in spiritual and economic development.Practical Training/Economic DevelopmentSupported projects and programs through at-distance and in-person coaching, assistance, collaboration, and consultationSupported Basic Utility Vehicles (BUVs) in the field. These BUVs support childrens homes, local schools, securing of drinking water, crops to market for subsistence farmers, medical clinics, local entrepreneurial businesses, local families operating transport services to their community. Hosted multiple groups of international and local people learning about land restoration techniquesFacilitated/assisted job skill development in metalworkFacilitated/assisted job skill development in auto mechanicsFacilitated/assisted job skill development in weldingTraining of local management staff in TanzaniaFacilitated/assisted expansion of poultry (meat and eggs) projectFacilitated/assisted expansion of dairy projectOngoing assistance to and training of new local entrepreneurial effortsConsultation work with young agricultural businessOngoing support/facilitation of beekeeping programOngoing support/facilitation and expansion of poultry projectOngoing support/facilitation of small scale dairy projectOngoing support/facilitation of sustainable agriculture modeling through land restoration projectsSpiritual formation/developmentPartnered with 24-7 Prayer and created 2 weeks of content for devotional app, Lectio 365, used by 300k listeners around the worldPartnered with 24-7 Prayer and created 3x weekly posts of devotional social media content for Order of the Mustard Seed, viewed by 180k viewersLed online spiritually developmental writing groups for international womenParticipated in International Leaders Gathering for 24-7Prayer in GermanyParticipated in All Africa gathering of 24-7Prayers initiative for Africa in S. AfricaParticipated in/contributed to monthly 24-7Prayer global communities online gatheringsReleased devotional Advent materialContinued relationships with young people we mentored in spiritual formation in PortugalContinued building into relationships in KenyaAdvised/assisted/partnered to further develop local community center supporting familiesthrough spiritual, mental and practical support, including producing informativesocial media posts and website developmentAdvising/supporting younger couples in cross cultural ministry Facilitated local prayer and spiritual life groups in US and TZRemote consulting/encouraging with like-minded practitionersProvided ongoing counseling with individuals and couplesEducation/Development/Environmental CareExtensive work done in land restoration, teaching by example regarding restoration effortswhere land has been severely abused and degraded through over grazing and bad agriculturalpractices, resulting in destructive erosion and loss of land value. Designed and completed more water catchment dams and ponds for rain harvesting, terracing, and run-off management.Toured interested parties around restoration site, including environmental organizations and localleadersAid/Community DevelopmentContinued partnership with local NGO, Savannas Forever, advising and assisting in their Community Based Native Plant Seed Initiative to develop rangelands restoration program, conceptualization and practical development, including multiple focus groups, connecting with res
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 70
- Transparency & Controls: 100
- Sustainability: 27
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 68.7%; rating input score 69
- Program expense ratio: 71.2%; rating input score 71
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 3.6%; rating input score 41; 41st percentile among comparable filings
- Total-asset coverage ratio: 0.27; rating input score 24; 24th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 46%; rating input score 6; 6th percentile among comparable filings
Growth
- Program expense growth: 1.8% per year; rating input score 100; 34th percentile among comparable filings
- Revenue growth: 3.5% per year; rating input score 100; 36th percentile among comparable filings
- Asset growth: 2.7% per year; rating input score 100; 35th percentile among comparable filings
Details
- Where the money goes: 68.7% of revenue deployed · 71.2% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $129K in reported program spending
- Leadership: top reported pay $0 · 10 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 3 filed schedules
- Filing history: 11 filing years from 2014 to 2025
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Sustainability: Operating margin scored 41/100.
- High — Sustainability: Total-asset coverage ratio scored 24/100.
- High — Sustainability: Officer compensation ratio scored 6/100.