Overview
What is Mentors International?
Mentors International is a distinguished nonprofit organization based in Draper, Utah. Since its establishment in 1990, it has dedicated its efforts to helping over 5 million individuals and families worldwide, fostering self-reliance. During the recent reporting period, Mentors International supported 25,308 families, providing 22,676 personalized mentoring sessions, 5,796 job-focused vocational trainings, and encouraging its trainees to contribute to their education by performing 172,753 hours of community service. Additionally, Mentors International's micro-lending program positively impacted many individuals by distributing 3,177 loans totaling $1,185,117, with a significant portion, 70%, going to women entrepreneurs. This initiative led to the creation or acquisition of approximately 10,000 jobs. Mentors International's mission revolves around empowering the world's impoverished, supporting their personal growth and entrepreneurial endeavors through mentoring and financial services.
Official website here: www.mentorsinternational.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 98%
Mentors International has earned a Four-Star out of Four Star rating from Charity Navigator, reflecting its exceptional standards in accountability and finance. The organization boasts a perfect score in both accountability and leadership adaptability, demonstrating a commitment to transparency and effective governance. With an impressive program expense ratio of 89.58% and a fundraising efficiency ratio of $0.05, it shows a strong focus on maximizing donor contributions for impactful programming.
User feedback highlights the organization's effectiveness in empowering individuals through a model that combines education, mentoring, and financial solutions. Many reviewers commend the personal touch of one-on-one mentoring, which they believe fosters sustainable self-reliance among participants. The high repayment rate of microloans and the emphasis on measurable impact in areas such as income, savings, and mindset change further strengthen the organization's reputation.
Despite the overwhelmingly positive reviews, there is a critical perspective concerning financial transparency, suggesting that some operational expenses could be misrepresented as program-related expenditures. However, this criticism appears to be in the minority compared to the numerous testimonials praising the tangible changes the organization has facilitated in the lives of its beneficiaries. Overall, Mentors International is viewed as a powerful force for poverty alleviation with a strong ethical foundation.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
What do the Facebook reviews say about Mentors International?
98% of 13 reviewers on Facebook recommend Mentors International. Here is a summary of their reviews:
The overwhelming majority express satisfaction with the organization’s impact and services. Many users highlight the effectiveness of the mentorship programs and how they positively influence the lives of participants. The overall sentiment is quite favorable, indicating that the nonprofit excels in fulfilling its mission.
Overall, individuals appreciate the dedication and support provided by Mentors International, feeling confident in recommending it to others. Users see value in the nonprofit's offerings, which reinforces its reputation as a trustworthy organization.
This AI summary has been generated from reviews found on Facebook.
Is Mentors International legitimate?
Mentors International is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mentors 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: $228,510
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,176,972
For more financial information, click here
Official website here: www.mentorsinternational.org
What is the mission statement of Mentors International?
Mentors International aims to empower the world's impoverished individuals and families towards self-reliance. They accomplish this goal through personal and business mentoring, as well as providing access to financial services. Since its establishment in 1990, Mentors International has assisted over 5 million people. In a recent period, they helped 25,308 families work towards self-reliance, offering 22,676 customized mentoring sessions. The organization also provided vocational training to 5,796 students, who in turn contributed to their education and training by completing community service hours. Furthermore, Mentors International's micro-lending program positively impacted individuals by distributing 3,177 loans, with 70% of these loans going to female entrepreneurs. The result of these programs led to the creation or acquisition of approximately 10,000 new jobs, and an average income increase of 63%, savings increase of 184%, and debt decrease of 46% for individuals working with Mentors International.
Official website here: www.mentorsinternational.org
Who is the CEO of Mentors International?
Curtis Beesley is the President of Mentors International. The CEO's salary of Mentors International is $106,425 and their total compensation is $106,425.
Official website here: www.mentorsinternational.org
What is the revenue of Mentors International?
Mentors International's revenue in 2022 was $3,692,259.
Official website here: www.mentorsinternational.org
Who are the executives of Mentors International and what are their salaries?
The average compensation at Mentors International during 2022 was $234,247. There are 6 employees and 450 volunteers at Mentors International.
Here are 13 key members and their salaries (Mentors International's CEO's salary is $106,425 and their total compensation is $106,425):
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- Compensation: $106,425
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Official website here: www.mentorsinternational.org
Where can I find the form 990 for Mentors International?
Mentors International's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mentorsinternational.org
Learn more at the official website: www.mentorsinternational.org
Mission Statement of Mentors International
Mentors International, a renowned nonprofit organization, is dedicated to empowering the world's economically disadvantaged individuals and families. Their mission is centered around fostering self-reliance among these communities through personal and business mentoring, as well as providing access to financial services. Over the past three decades, Mentors International has made a significant impact, assisting over 5 million individuals and families in their journey towards self-sufficiency.
During the period under review, Mentors International aided 25,308 families in their pursuit of self-reliance. They offered customized mentoring sessions to 22,676 individuals, providing valuable guidance and support. In addition to mentoring, Mentors International offered job-focused vocational training to 5,796 students. These students contributed a substantial 172,753 hours of community service to the organization as part of their training, demonstrating their commitment to giving back and contributing to their communities.
Mentors International also operates a micro-lending program, extending 3,177 loans totalling 1,185,117 to individuals in need. A significant portion of these loans, 70%, were given to women entrepreneurs, further reinforcing Mentors International's commitment to gender equality and economic empowerment. The positive impact of these loans was significant, leading to the creation or acquisition of approximately 10,000 new jobs. The families and individuals working with Mentors International experienced substantial improvements in their financial well-being, with the average income increasing by 63%, personal savings rising by 184%, and consumer debt decreasing by 46%.
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Impact
July, 2024
Mentors International has had a significant impact on empowering individuals and families around the world to achieve self-reliance. Since 1990, they have helped over 5 million people through personal and business mentoring and access to financial services. In a recent reporting period, Mentors International assisted 25,308 families in working towards self-reliance by providing 22,676 customized mentoring sessions. Additionally, 5,796 students received vocational training and performed 172,753 hours of community service as part of their education.
The micro-lending program of Mentors International has been instrumental in distributing 3,177 loans totaling $1,185,117, with 70% of these loans going to women entrepreneurs. This has resulted in approximately 10,000 new jobs being created or obtained by individuals utilizing these programs. On average, individuals working with Mentors International saw a 63% increase in their incomes, a 184% increase in personal savings, and a 46% decrease in consumer debt.
The impact of Mentors International extends beyond just financial assistance, as they focus on holistic empowerment that leads to sustainable changes in the lives of those they serve.
This information is meant to be a general summary of Mentors 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 2022.
- Investment Income: $83,196
- Gross Receipts: $3,713,064
Assets and Liabilities:
- Total Assets: $6,213,618
- Total Liabilities: $479,063
- Net Assets: $5,734,555
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Organization Details
Founding Year
1990
Phone
(801) 676-7776Principal Officer
Curtis Beesley
Main Address
65 E WADSWORTH PARK DRIVE SUITE 207, DRAPER, UT, 84020
Website
www.mentorsinternational.orgNTEE Category
Code: Q320 - International
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