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Epic Enterprise Inc

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

EIN: 411825494 ✦ Dundas, MN ✦ Designated as a 501(c)(3)

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Overview

What is Epic Enterprise Inc?

Epic Enterprise Inc, based in Dundas, Minnesota, is a nonprofit organization that serves over 100 individuals with disabilities in Rice County and surrounding areas. Their mission is to empower these individuals, encouraging their active participation in the broader community. By offering individualized services, Epic Enterprise fosters employment opportunities, community involvement, and artistic pursuits. Their goal is to contribute to a more inclusive and diverse community, enriching the lives of those they serve. With a dedicated workforce of 90 employees, Epic Enterprise strives to shape a community that values and embraces diversity.

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 86%, Three-Star out of Four Star rating.

Epic Enterprise Inc has received a solid Three-Star rating, reflecting a strong commitment to accountability and finance with a score of 86%. The organization demonstrates transparency through its independent board members and effective financial oversight, with 100% of board members being independent. Additionally, the charity has maintained robust financial practices, including a low liabilities-to-assets ratio and high program expense ratio, indicating that most of its funds are directed toward its mission.

The charity shows notable strengths in various areas, such as having a well-documented approach to governance, including regular board meeting minutes and a clear document retention policy. These practices support its accountability measures and enhance trust with stakeholders. The audit and oversight committee further reinforces the integrity of the organization's financial reporting.

While the overall rating is commendable, it’s important for potential donors to keep in mind that this assessment is based solely on accountability and finance metrics. As such, individuals wishing to understand the impact of the charity's programs or its effectiveness in achieving its mission may want to seek additional information beyond financial performance.


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

Is Epic Enterprise Inc legitimate?

Epic Enterprise Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Epic Enterprise 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: $81,990
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,204,867

For more financial information, click here

What is the mission statement of Epic Enterprise Inc?

Epic Enterprise Inc's mission is centered around investing in individuals with disabilities, enabling them to actively participate in the broader community. The organization strives to provide individualized supports, focusing on employment opportunities, community involvement, and the arts. By doing so, Epic Enterprise aims to enrich the lives of these individuals and contribute to a more inclusive community that embraces diversity. The organization's mission is to foster a community where everyone has a chance to engage and thrive.

What is the revenue of Epic Enterprise Inc?

Epic Enterprise Inc's revenue in 2023 was $2,550,765.

Who are the executives of Epic Enterprise Inc and what are their salaries?

The average compensation at Epic Enterprise Inc during 2023 was $14,963. There are 86 employees at Epic Enterprise Inc.

Here are 7 key members and their salaries:


Kathy Laroche (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Nowak (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kirsten Budin (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Janis (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathleen Doran-Norton (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janet Petri (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Heidi Maghan (Executive Director)
  • Compensation: $81,990
  • Related: $0
  • Other: $12,578
Where can I find the form 990 for Epic Enterprise Inc?

Epic Enterprise Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Epic Enterprise Inc

Epic Enterprise Inc, a nonprofit organization, is committed to investing in individuals with disabilities, empowering them to actively participate in the broader community. Their mission is to provide personalized services that help these individuals discover purpose through employment opportunities, community involvement, and the arts. By doing so, Epic Enterprise aspires to foster a more inclusive and diverse community that welcomes and embraces all its members. The organization has been enriching the lives of over 100 individuals in Minnesota and surrounding areas since its inception, offering tailored support to help them integrate into society and lead fulfilling lives.

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Impact




July, 2024

Epic Enterprise Inc's impact is profound, as it invests in individuals with disabilities, allowing them to actively participate in the broader community. Through individualized services focusing on employment opportunities, community involvement, and the arts, Epic Enterprise enriches the lives of over 100 individuals in Rice County, Minnesota, and surrounding areas. By shaping a community that embraces diversity and inclusivity, Epic Enterprise not only empowers individuals with disabilities but also creates a more vibrant and accepting society for everyone.




This information is meant to be a general summary of Epic Enterprise 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
$2,550,765 (2023)
Expenses
$2,058,038 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $33,367
  • Program Service Revenue: $2,169,527
  • Gross Receipts: $2,550,765

Assets and Liabilities:

  • Total Assets: $4,679,129
  • Total Liabilities: $827,871
  • Net Assets: $3,851,258

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PURCHASE OF SERVICES

Revenue

$2,068,607

CONTRACT INCOME

Revenue

$100,920

Organization Details

Founding Year

1996

Principal Officer

Heidi Maghan

NTEE Category

Code: P820 - Human services

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