Overview
What is Ecoventures International?
Ecoventures International is a nonprofit organization based in Alexandria, Virginia, with six employees. Their primary mission is to support sustainable livelihoods and environments by training, mentoring, and connecting communities, networks, businesses, and vulnerable groups, particularly women and youth, within various market systems, both domestically and internationally in countries like Bangladesh, Nepal, Kenya, Zambia, and the USA. They focus on developing training programs, facilitating workshops, and creating curricula to empower these communities to thrive, fostering well-functioning market systems that promote both economic and environmental sustainability.
Official website here: www.eco-ventures.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 62%, earning a Two-Star out of Four Star rating
Ecoventures International has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and financial health. The organization has a program expense ratio of 74.77%, suggesting that a significant portion of its funds is directed towards its programs, which is a positive sign regarding its commitment to its mission. However, the lack of independent board members raises concerns about governance and objectivity.
The organization has listed its conflict of interest and document retention policies, which are important for transparency. However, it has not provided financial statements or a whistleblower policy, which are critical components for building trust with donors and stakeholders. The absence of independent oversight and missing documentation points could impact the organization's credibility.
While the liabilities to assets ratio is healthy at 26.88%, the overall lack of transparency in certain areas may deter potential donors. To enhance its rating and public perception, Ecoventures International should focus on increasing board independence and improving its financial accountability measures.
This AI summary has been generated from information found on Charity Navigator.
Is Ecoventures International legitimate?
Ecoventures International is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ecoventures International submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $176,794
Professional Fundraising Fees: $0
Other Salaries and Wages: $421,607
For more financial information, click here
Official website here: www.eco-ventures.org
What is the mission statement of Ecoventures International?
Ecoventures International's mission is to foster well-functioning market systems that promote both livelihood and environmental sustainability. This is achieved by providing training, mentoring, and connections to communities, networks, businesses, and vulnerable groups, particularly women and youth, within these market systems. Their primary goal is to empower these groups to thrive in their respective markets, thus contributing to a sustainable future. They conduct training programs, facilitate workshops, and develop curricula in various countries like Bangladesh, Nepal, Kenya, the USA, and Zambia.
Official website here: www.eco-ventures.org
What is the revenue of Ecoventures International?
Ecoventures International's revenue in 2023 was $1,203,937.
Official website here: www.eco-ventures.org
Who are the executives of Ecoventures International and what are their salaries?
The average compensation at Ecoventures International during 2023 was $119,680. There are 5 employees and 3 volunteers at Ecoventures International.
Here are 6 key members and their salaries:
- Compensation: $186,843
- Related: $0
- Other: $0
- Compensation: $176,794
- Related: $0
- Other: $0
- Compensation: $167,935
- Related: $0
- Other: $7,851
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.eco-ventures.org
Where can I find the form 990 for Ecoventures International?
Ecoventures International's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.eco-ventures.org
Learn more at the official website: www.eco-ventures.org
Mission Statement of Ecoventures International
Ecoventures International, a nonprofit organization, is dedicated to fostering well-functioning market systems that promote both livelihood and environmental sustainability. By offering training, mentoring, and networking opportunities, this organization connects communities, networks, businesses, and vulnerable groups, particularly women and youth, within these market systems. The ultimate goal is to empower these individuals and groups, enabling them to thrive and contribute to a sustainable future.
In pursuit of its mission, Ecoventures International designs and facilitates workshops, curriculums, and training sessions in various locations such as Bangladesh, Nepal, Kenya, the USA, and Zambia. Through these initiatives, the organization seeks to equip individuals and communities with the necessary skills and connections to navigate and succeed within market systems, ultimately contributing to a more sustainable world.
By focusing on training, mentoring, and connecting vulnerable groups, such as women and youth, Ecoventures International aims to ensure that these often marginalized individuals have the opportunity to participate fully in market systems. This approach not only empowers these individuals but also contributes to a more equitable and sustainable market system overall.
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Impact
June, 2024
Ecoventures International drives positive change by empowering communities to develop sustainable local economies while promoting environmental stewardship. Through their work, they bridge the gap between enterprise development and environmental conservation, creating a lasting impact on both the local economy and the environment.
This information is meant to be a general summary of Ecoventures International. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $97
- Program Service Revenue: $1,070,803
- Gross Receipts: $1,203,937
Assets and Liabilities:
- Total Assets: $608,095
- Total Liabilities: $163,492
- Net Assets: $444,603
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Contracted Services
Revenue
$825,850
Registration Fees
Revenue
$244,953
Organization Details
Founding Year
2002
Principal Officer
Margaret Anne Brand
Website
www.eco-ventures.orgNTEE Category
Code: C60 - Environment
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