Overview
What is Enfocus Inc?
Enfocus Inc is a nonprofit organization situated in South Bend, Indiana, with a mission to bolster the impact of organizations involved in civic and industrial economic development. The organization, through its initiatives, aims to decrease the high negative net migration rates of STEM graduates in the region. In the recent fiscal year, Enfocus launched the Civic Innovation Fellowship, leading to over 100 completed projects for regional entities in various sectors. Furthermore, the Talent Attraction Program has hired and placed 38 fellows on civic, industrial, and entrepreneurial projects. Enfocus also has an Industry Innovation Fellowship, which completed over 15 industrial projects in collaboration with the University of Notre Dame's Industry Labs Program for several regional manufacturing sponsors. Since 2012, Enfocus has attracted over 1,200 fellows and interns and completed over 500 projects, thereby fostering a network of professionals who contribute to community progress. In essence, Enfocus empowers talent to build stronger communities by attracting recent graduates to work on strategic projects across public, private, and nonprofit sectors.
Official website here: www.sbenfocus.org
What are the reviews and ratings of this charity?
Charity Navigator rates Enfocus Inc at 86%, granting it a Three-Star out of Four Star rating. This score reflects a strong emphasis on accountability and finance, which is the sole metric used for this evaluation. An 86 score indicates that the organization demonstrates a solid commitment to financial health and transparency in its operations.
Strengths identified within the organization include a fully independent board, with 15 members, and no material diversion of assets. Additionally, Enfocus has robust policies in place regarding conflict of interest, whistleblower protections, and document retention. The organization also excels in its financial ratios, boasting a high program expense ratio of 91.28% and a fundraising efficiency ratio of $0.05, indicating that a significant portion of its funds is directed toward its programs rather than administrative costs.
While the financial metrics are commendable, the working capital ratio of 0.46 years suggests that the organization may face challenges in maintaining operational liquidity in the long term. This aspect could be a potential limitation for stakeholders to monitor as it could impact the organization's ability to sustain its programs. Overall, Enfocus Inc appears to be a financially responsible nonprofit with solid governance practices.
This AI summary has been generated from information found on Charity Navigator.
Is Enfocus Inc legitimate?
Enfocus Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Enfocus 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: $155,142
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,780,724
For more financial information, click here
Official website here: www.sbenfocus.org
What is the mission statement of Enfocus Inc?
Enfocus Inc, serving as a talent attraction and economic development organization, aims to empower emerging talent to build stronger communities. The organization attracts recent graduates as innovation fellows to complete strategic business, technology, and entrepreneurship projects across various sectors. Enfocus' activities are appealing to graduates, encouraging them to live, work, and engage in the regions it serves. The outcomes of these projects foster an ecosystem of professionals, who subsequently hold leadership positions and contribute to the community's progress. Since 2012, Enfocus has attracted over 1,200 fellows and interns and completed more than 500 projects.
Official website here: www.sbenfocus.org
Who is the CEO of Enfocus Inc?
Andrew Wiand is the Executive Di of Enfocus Inc.
Official website here: www.sbenfocus.org
What is the revenue of Enfocus Inc?
Enfocus Inc's revenue in 2022 was $4,388,589.
Official website here: www.sbenfocus.org
Who are the executives of Enfocus Inc and what are their salaries?
The average compensation at Enfocus Inc during 2022 was $33,377. There are 58 employees and 28 volunteers at Enfocus Inc.
Here are 17 key members and their salaries:
- Compensation: $112,292
- Related: $0
- Other: $6,183
- Compensation: $0
- 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
- Compensation: $0
- 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
- Compensation: $0
- 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
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.sbenfocus.org
Where can I find the form 990 for Enfocus Inc?
Enfocus Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sbenfocus.org
Learn more at the official website: www.sbenfocus.org
Mission Statement of Enfocus Inc
Enfocus Inc, a talent attraction and economic development organization, is dedicated to empowering talent to build stronger communities. The mission of Enfocus Inc involves attracting recent graduates as innovation fellows to complete strategic business, technology, and entrepreneurship projects across various sectors such as public, private, and nonprofit organizations. The activities of Enfocus Inc serve as an attractive proposition for graduates to live, work, and play in the regions it serves. The results of these projects contribute to an ecosystem of professionals who serve in leadership positions and continue to drive progress for the community. Since its inception in 2012, Enfocus Inc has attracted over 1,200 fellows and interns and has completed over 500 projects.
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
July, 2024
Enfocus Inc's impact can be seen in its significant efforts to empower talent and drive economic development within communities. By attracting recent graduates as innovation fellows to work on strategic business, technology, and entrepreneurship projects across various sectors, Enfocus has successfully contributed to building a more robust ecosystem of professionals in leadership positions. With over 1,200 fellows and interns attracted and more than 500 projects completed since 2012, Enfocus has made a tangible difference in driving positive change within the regions it serves.
Additionally, Enfocus's focus on civic and industrial economic development has led to the completion of numerous projects for regional entities such as city, county, school, nonprofit, and healthcare organizations. Through programs like the Civic Innovation Fellowship, Talent Attraction Program, and Industry Innovation Fellowship, Enfocus has successfully engaged talent in initiatives that benefit both the community and industry partners. This work has not only helped organizations achieve their goals but has also played a role in reducing the high negative net migration rates of STEM graduates in the region. Overall, Enfocus's emphasis on talent empowerment and community improvement has had a measurable impact on fostering growth and innovation in the areas it operates.
This information is meant to be a general summary of Enfocus 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $859
- Program Service Revenue: $2,423,571
- Gross Receipts: $4,388,589
Assets and Liabilities:
- Total Assets: $1,854,802
- Total Liabilities: $368,967
- Net Assets: $1,485,835
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROJECT FEE INCOME
Revenue
$2,146,137
NCLOUD SERVICES
Revenue
$167,645
INTERN REIMBURSEMENT
Revenue
$109,689
HEALTHY POINTS REVENUE
Revenue
$100
Organization Details
Founding Year
2012
Phone
(574) 968-5378Principal Officer
Andrew Wiand
Main Address
635 S LAFAYETTE BLVD 105, SOUTH BEND, IN, 46601
Website
www.sbenfocus.orgNTEE Category
Code: S02 - Community improvement
If you are a representative of Enfocus Inc 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.