Overview
What is Enterprise Foundation?
The Enterprise Foundation, based in San Jose, California, is a nonprofit organization with a focus on promoting self-sufficiency. They achieve this by empowering small business owners through one-on-one business consulting, having provided assistance to over 200 entrepreneurs. Their mission is to encourage and support the growth of micro and small businesses, believing in their potential to drive advancement and development. The Enterprise Foundation, with a team of 12 dedicated individuals, is committed to this cause, operating within the boundaries of California.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86% (Three-Star out of Four Star Rating)
Enterprise Foundation has received an 86% rating, which reflects a strong emphasis on accountability and finance. This score signifies a well-managed organization that adheres to high standards for financial integrity. The charity has achieved full marks in several key areas, including having a majority of independent board members and a comprehensive audit committee, ensuring transparent governance.
The organization shows a commendable commitment to using its resources effectively, with 99.40% of its expenses directed towards programs. This high program expense ratio indicates that the charity prioritizes its mission over administrative costs. Additionally, there are no reported issues with material diversion of assets, further underscoring its accountability.
However, some areas could benefit from improvement, as indicated by the liabilities to assets ratio of 55.08%, which reflects potential financial risks. While the organization maintains a solid overall financial health, stakeholders may want to monitor this aspect closely. Overall, Enterprise Foundation stands out for its governance practices and effective program funding, making it a trustworthy option for donors.
This AI summary has been generated from information found on Charity Navigator.
Is Enterprise Foundation legitimate?
Enterprise Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Enterprise Foundation 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: $313,339
For more financial information, click here
What is the mission statement of Enterprise Foundation?
The Enterprise Foundation's mission is centered around fostering self-sufficiency. They achieve this by promoting and supporting the advancement and development of micro and small businesses. Their goal is to encourage self-employment, aiming to contribute to the growth and improvement of these businesses. As part of their mission, they offer extensive one-on-one business consulting to over 200 small business owners.
Who is the CEO of Enterprise Foundation?
Dennis King is the Executive Director of Enterprise Foundation.
What is the revenue of Enterprise Foundation?
Enterprise Foundation's revenue in 2022 was $2,846,968.
Who are the executives of Enterprise Foundation and what are their salaries?
The average compensation at Enterprise Foundation during 2022 was $26,112. There are 12 employees at Enterprise Foundation.
Here are 5 key members and their salaries:
- Compensation: $97,060
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Enterprise Foundation?
Enterprise Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Enterprise Foundation
Enterprise Foundation, as a nonprofit organization, is committed to fostering self-sufficiency among individuals by promoting and supporting the growth of micro and small businesses. Their mission is to encourage the advancement and development of these businesses, recognizing their potential in uplifting communities and individuals. Through their activities, Enterprise Foundation provides one-on-one business consulting to over 200 small business owners, offering them extensive training and guidance to help them succeed. By empowering these business owners, Enterprise Foundation contributes to the broader goal of fostering economic self-sufficiency and community development.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Enterprise Foundation has made a significant impact by fostering self-sufficiency through self-employment and supporting the growth of micro and small businesses. By providing extensive one-on-one business consulting, the foundation has empowered over 200 small business owners in San Jose, California. This hands-on approach not only enhances individual entrepreneurs' capabilities but also contributes to the overall improvement of the community. Through its commitment to promoting, supporting, and encouraging business development, Enterprise Foundation plays a crucial role in bolstering local economies and creating a more sustainable future for its participants.
This information is meant to be a general summary of Enterprise Foundation. 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 2022.
- Investment Income: $29
- Gross Receipts: $2,846,968
Assets and Liabilities:
- Total Assets: $1,981,663
- Total Liabilities: $1,320,836
- Net Assets: $660,827
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2007
Phone
(408) 248-4800Principal Officer
Dennis King
Main Address
1887 Monterey Road APT 215, San Jose, CA, 95112
NTEE Category
Code: S40 - Community improvement
If you are a representative of Enterprise Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.