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The Social Enterprise Fund Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 260431935 ✦ Winter park, FL ✦ Designated as a 501(c)(3)

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Overview

What is The Social Enterprise Fund Inc?

The Social Enterprise Fund Inc is a nonprofit organization, headquartered in Winter Park, Florida, dedicated to sponsoring charitable development projects worldwide. Their mission encompasses supporting projects in North America, the Caribbean, Africa, and Central American countries to foster economic stability, improved health, and better education for individuals living in extreme poverty. Their endeavors span across various sectors, including agriculture, veterinary services, physician services, alcohol rehabilitation, international service by youth, reforestation, environmental education, and poverty alleviation. Notably, they have an orphanage in South Africa as part of their global outreach. The organization's activities aim to provide lasting solutions and create a positive impact on people's lives across the globe.


Official website here: www.socialenterprisefund.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 100%, Four-Star out of Four Star rating.

The Social Enterprise Fund Inc has been awarded a Four-Star rating by Charity Navigator, indicating an impressive overall score of 100%. This rating reflects the organization's strong commitment to accountability and finance, with all metrics scoring highly. The organization maintains a fully independent board and has demonstrated effective governance practices.

Strengths include a perfect score in various categories, such as having no material diversion of assets and a high program expense ratio of 99.19%. This suggests that the organization is dedicated to maximizing its resources for programmatic activities rather than administrative costs. Additionally, the presence of multiple policies, including conflict of interest and whistleblower policies, reinforces its commitment to transparency and ethical practices.

While the data does not indicate any significant limitations, the focus on financial accountability and governance suggests that the organization is well-positioned to utilize its resources effectively. Overall, The Social Enterprise Fund Inc stands out as a transparent and efficient nonprofit dedicated to its mission.


This AI summary has been generated from information found on Charity Navigator.

Is The Social Enterprise Fund Inc legitimate?

The Social Enterprise Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Social Enterprise Fund Inc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.socialenterprisefund.org

What is the mission statement of The Social Enterprise Fund Inc?

The Social Enterprise Fund Inc's mission is centered around supporting charitable development projects in various regions worldwide, including North America, the Caribbean, Africa, and Central American countries. Their primary goal is to contribute to economic stability, enhance health conditions, and improve education for individuals living in absolute poverty. The organization actively participates in various projects, such as agricultural development in Haiti, veterinary services and physician services in Nicaragua, and reforestation projects in Guatemala, among others. Domestically, they engage in international ministries, environmental education, and poverty alleviation projects, as well as running an orphanage in South Africa.


Official website here: www.socialenterprisefund.org

Who is the CEO of The Social Enterprise Fund Inc?

Paul W Morgan is the Chairman & Treasurer of The Social Enterprise Fund Inc.


Official website here: www.socialenterprisefund.org

What is the revenue of The Social Enterprise Fund Inc?

The Social Enterprise Fund Inc's revenue in 2022 was $501,011.


Official website here: www.socialenterprisefund.org

Who are the executives of The Social Enterprise Fund Inc and what are their salaries?


Here are 6 key members and their salaries:


Paul W Morgan (Chairman & Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Mackay (Vice Chairman & Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
H Thompson Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Denise Cipriano (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Russ Prather (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Beth Morgan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.socialenterprisefund.org

Where can I find the form 990 for The Social Enterprise Fund Inc?

The Social Enterprise Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.socialenterprisefund.org

Learn more at the official website: www.socialenterprisefund.org

Mission Statement of The Social Enterprise Fund Inc

The Social Enterprise Fund Inc, as a nonprofit organization, is dedicated to supporting charitable development projects in various regions worldwide, including North America, the Caribbean, Africa, and Central American countries. Their mission is to provide economic stability, improved health, and better education to individuals living in absolute poverty. Through their initiatives, they aim to make a significant impact in these areas, striving to uplift the lives of countless people who are in dire need.

The Social Enterprise Fund Inc has embarked on various projects to fulfill their mission. In Haiti, they have sponsored initiatives such as the Caribbean Harvest Project and education programs about Haitian needs, as well as agricultural development projects. They have also extended their reach to Nicaragua, where they have supported projects in areas like veterinary services, physician services, alcoholic rehabilitation, and international service by youth. Furthermore, they have initiated projects in Guatemala, focusing on reforestation, and have also undertaken domestic projects, including international ministries, environmental education, and poverty alleviation efforts. Their work even extends to South Africa, where they have established an orphanage.

In summary, The Social Enterprise Fund Inc is a compassionate organization that is committed to fostering positive change in the lives of those living in poverty. By sponsoring charitable development projects, they strive to provide economic stability, improved health, and better education to individuals who desperately need it. Their initiatives span across several regions, demonstrating their far-reaching impact and dedication to making a difference in the world.

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Impact




July, 2024

The Social Enterprise Fund Inc has made a significant impact by supporting charitable development projects in North America, the Caribbean, Africa, and Central American countries. Their projects aim to provide economic stability, improved health, and better education to people living in absolute poverty. The organization sponsors a variety of initiatives such as the Caribbean Harvest Project in Haiti, agricultural development projects in Nicaragua, reforestation projects in Guatemala, and domestic projects focused on international ministries, environmental education, poverty alleviation, and orphanages in South Africa. Through their work, The Social Enterprise Fund Inc is making a positive difference in the lives of individuals and communities in need.




This information is meant to be a general summary of The Social Enterprise Fund Inc. 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.

Revenue
$501,011 (2022)
Expenses
$517,405 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $501,011

Assets and Liabilities:

  • Total Assets: $10,781
  • Total Liabilities: $0
  • Net Assets: $10,781

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Organization Details

Founding Year

2007

Principal Officer

Paul W Morgan

Main Address

PO BOX 1931, WINTER PARK, FL, 32790

NTEE Category

Code: Q32 - International

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