Overview
What is Endeavor Miami Inc?
Endeavor Miami Inc is a nonprofit organization situated in Miami, Florida, aiming to stimulate long-term economic growth by identifying, mentoring, and supporting high-impact entrepreneurs in the South Florida region. These entrepreneurs exhibit significant potential in business development and leadership, possessing the ability to establish high-growth enterprises that create substantial job opportunities. By offering resources unavailable elsewhere, Endeavor Miami empowers these entrepreneurs to expand their businesses, boost employment prospects, and contribute to sustained economic growth in South Florida. During 2022, the organization reviewed over 500 candidates, mentored 10 companies, and supported 3 entrepreneurs to present at international selection panels, ultimately leading to one company being selected as an Endeavor Entrepreneur. Endeavor Miami also managed accelerator programs, which assisted 48 companies, generated $130 million in revenues, and created over 1,500 jobs.
Official website here: www.endeavormiami.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating.
Endeavor Miami Inc has achieved a high overall score of 96%, reflecting its strong commitment to accountability and financial transparency. The rating is derived solely from the Accountability & Finance beacon, indicating that the charity excels in these areas. Notably, it has a fully independent board, robust financial oversight, and policies in place that promote ethical standards.
The organization demonstrates effective governance with 100% independent board members, a strong audit and oversight committee, and a low liabilities to assets ratio of 6.24%. Additionally, a significant portion of its expenses, 74.12%, is allocated directly to programs, showcasing its focus on mission-driven work.
While the ratings reflect a positive image of the nonprofit, potential donors might look for details on program outcomes and impact. The high score primarily emphasizes financial practices rather than the effectiveness of the programs it supports. Overall, Endeavor Miami Inc stands out for its financial integrity and governance.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Endeavor Miami Inc?
98% of 15 reviewers on Facebook recommend Endeavor Miami Inc. Here is a summary of their reviews:
Many individuals express positive feelings towards the organization, with comments highlighting its impactful initiatives and ongoing support. Reviewers appreciate the engagement and connections fostered by Endeavor Miami, indicating a strong sense of community and collaboration.
Overall, the sentiment reflects satisfaction with the services and initiatives offered, demonstrating that the nonprofit successfully meets the needs of its participants and builds lasting relationships.
This AI summary has been generated from reviews found on Facebook.
Is Endeavor Miami Inc legitimate?
Endeavor Miami Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Endeavor Miami 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: $274,960
Professional Fundraising Fees: $0
Other Salaries and Wages: $796,523
For more financial information, click here
Official website here: www.endeavormiami.org
What is the mission statement of Endeavor Miami Inc?
Endeavor Miami Inc's mission is centered around catalyzing long-term economic growth. They achieve this by identifying, mentoring, and accelerating high-impact entrepreneurs in their region. These entrepreneurs exhibit exceptional entrepreneurial and leadership potential, have the ability to build high-growth businesses, create significant employment opportunities, and are deeply committed to their local community's development. This community development serves as a crucial driver of economic growth. Endeavor Miami was founded on the belief that job creation, innovation, and overall prosperity thrive in environments with robust support for high-impact entrepreneurs. The organization provides resources that are not readily available to select these entrepreneurs, enabling them to scale their businesses, increase employment opportunities, and establish a foundation for sustained economic growth.
Official website here: www.endeavormiami.org
Who is the CEO of Endeavor Miami Inc?
Claudia Duran is the Director of Endeavor Miami Inc.
Official website here: www.endeavormiami.org
What is the revenue of Endeavor Miami Inc?
Endeavor Miami Inc's revenue in 2022 was $1,431,411.
Official website here: www.endeavormiami.org
Who are the executives of Endeavor Miami Inc and what are their salaries?
The average compensation at Endeavor Miami Inc during 2022 was $59,527. There are 18 employees and 2 volunteers at Endeavor Miami Inc.
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- Compensation: $274,960
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Official website here: www.endeavormiami.org
Where can I find the form 990 for Endeavor Miami Inc?
Endeavor Miami Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.endeavormiami.org
Learn more at the official website: www.endeavormiami.org
Mission Statement of Endeavor Miami Inc
Endeavor Miami Inc is dedicated to spearheading the initiative to foster long-term economic growth by identifying, mentoring, and accelerating the most promising high-impact entrepreneurs in the South Florida region. These high-impact entrepreneurs possess immense entrepreneurial and leadership potential, have the ability to establish high-growth businesses that create numerous job opportunities, and demonstrate a commitment to the betterment of their local community. This community development acts as a catalyst for economic growth. Endeavor Miami Inc was established with the belief that job creation, innovation, and overall prosperity thrive in environments with robust support for these high-impact entrepreneurs. To achieve this, Endeavor Miami Inc provides resources that are not readily available elsewhere, enabling these entrepreneurs to expand their businesses, increase employment opportunities, and establish a foundation for sustained economic growth in the region.
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Impact
July, 2024
Endeavor Miami Inc is making a significant impact on the South Florida region by selecting, mentoring, and accelerating high-impact entrepreneurs. These entrepreneurs have shown tremendous potential in building high-growth businesses that create significant job opportunities and contribute to the local community's development. In 2022 alone, Endeavor Miami reviewed nearly 500 candidate entrepreneurs, resulting in the selection of one company as an Endeavor Entrepreneur. Additionally, they supported 2 company exits, 21 active companies led by 35 Endeavor Entrepreneurs, who collectively generated close to $800 million in revenue and over 5,000 jobs.
Through their accelerator programs, Endeavor Miami supported 48 companies in 2022, with alumni companies generating $130 million in revenues and creating over 1,500 jobs. This comprehensive support system provided by Endeavor Miami is driving sustained economic growth in the region, fostering innovation, job creation, and overall prosperity.
This information is meant to be a general summary of Endeavor Miami 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: $12,605
- Gross Receipts: $1,466,616
Assets and Liabilities:
- Total Assets: $2,170,776
- Total Liabilities: $135,516
- Net Assets: $2,035,260
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Organization Details
Founding Year
2013
Phone
(786) 953-7541Principal Officer
Claudia Duran
Main Address
2751 N MIAMI AVE 7, MIAMI, FL, 33127
Website
www.endeavormiami.orgNTEE Category
Code: S31 - Community improvement
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