Overview
What is Endeavor Louisville Inc?
Endeavor Louisville Inc, operating as Endeavor Midwest, is a distinguished nonprofit organization situated in Louisville, Kentucky. With a team of four dedicated individuals, they have embarked on a mission to foster high-impact entrepreneurship in Kentucky, Indiana, and Ohio. Their primary objective is to support and mentor aspiring entrepreneurs with exceptional leadership potential, helping them build high-growth businesses that generate employment opportunities, stimulate economic development, and demonstrate a strong commitment to their communities. Through various programs, including Endeavor Entrepreneurs, selection as a service candidates, and the Scale Up program, Endeavor Midwest has provided valuable resources, such as mentorship, fundraising support, access to partnerships, and business education, to over 50 entrepreneur-led companies in the region. Their collective efforts have contributed to the creation of over 2,400 hours of entrepreneurial support and activity in 2022.
Official website here: www.endeavorlouisville.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87%, Three-Star out of Four Star rating.
Endeavor Louisville Inc has achieved a solid score of 87%, which highlights its strong performance in accountability and finance. The rating is primarily based on a comprehensive evaluation of its financial management practices, reflecting a commitment to transparency and effective governance. Notably, the organization benefits from a high percentage of independent board members, indicating a well-structured governance model.
The organization excels in several key areas, including program expense ratios and the absence of asset diversion, which contributes positively to its overall score. Endeavor Louisville has a strong financial oversight framework, with all required policies in place, such as conflict of interest and whistleblower policies. These factors enhance its credibility and reliability as a nonprofit organization.
However, a potential area for improvement is its liabilities to assets ratio, which stands at 61.60%. While this is not uncommon in the nonprofit sector, it indicates that the organization has a significant proportion of liabilities relative to its assets. Addressing this could further strengthen its financial position and sustainability in the long term.
This AI summary has been generated from information found on Charity Navigator.
Is Endeavor Louisville Inc legitimate?
Endeavor Louisville Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Endeavor Louisville 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: $241,229
Professional Fundraising Fees: $0
Other Salaries and Wages: $250,951
For more financial information, click here
Official website here: www.endeavorlouisville.org
What is the mission statement of Endeavor Louisville Inc?
Endeavor Louisville, a pioneer in high-impact entrepreneurship, aims to stimulate sustained economic growth in the regions of Kentucky, Indiana, and Ohio. They achieve this by identifying, mentoring, and supporting exceptional entrepreneurs with a strong leadership potential. These entrepreneurs are capable of establishing high-growth businesses that generate employment opportunities, foster economic impact, and demonstrate a dedication to their communities. By providing these entrepreneurs with unique resources, Endeavor Louisville facilitates the expansion of their businesses, boosts employment prospects, and drives economic growth in the respective regions. These successful entrepreneurs serve as inspirational role models and mentors, encouraging others to aspire for growth and reinvest in the community.
Official website here: www.endeavorlouisville.org
Who is the CEO of Endeavor Louisville Inc?
Jackson Andrews is the Managing Director/Secretary of Endeavor Louisville Inc.
Official website here: www.endeavorlouisville.org
What is the revenue of Endeavor Louisville Inc?
Endeavor Louisville Inc's revenue in 2022 was $577,647.
Official website here: www.endeavorlouisville.org
Who are the executives of Endeavor Louisville Inc and what are their salaries?
The average compensation at Endeavor Louisville Inc during 2022 was $123,045. There are 4 employees and 10 volunteers at Endeavor Louisville Inc.
Here are 13 key members and their salaries:
- Compensation: $222,921
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- Other: $18,101
- Compensation: $16,800
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Official website here: www.endeavorlouisville.org
Where can I find the form 990 for Endeavor Louisville Inc?
Endeavor Louisville Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.endeavorlouisville.org
Learn more at the official website: www.endeavorlouisville.org
Mission Statement of Endeavor Louisville Inc
Endeavor Louisville, a notable entity in the high-impact entrepreneurship sphere, is on a mission to spearhead this movement in Kentucky, Indiana, and Ohio. Their primary objective is to foster long-term economic growth by identifying, mentoring, and supporting the most promising high-impact entrepreneurs in the region. These entrepreneurs possess the leadership potential to establish thriving businesses that generate substantial job opportunities, contribute significantly to the economy, and exhibit a strong commitment to their communities.
By providing these entrepreneurs with resources not typically accessible, Endeavor Louisville aims to help them expand their businesses, increase employment prospects, and drive economic growth in the mentioned states. These entrepreneurs become instrumental in stimulating economic growth, serving as role models and mentors to others. As they succeed, they reinvest their resources into other entrepreneurs and the community at large. The ultimate goal of Endeavor Louisville is to create a ripple effect of growth and development, where each successful entrepreneur inspires and supports the next generation of high-impact entrepreneurs.
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Impact
July, 2024
Endeavor Louisville Inc is leading the high-impact entrepreneurship movement in Kentucky, Indiana and Ohio, catalyzing long-term economic growth by selecting, mentoring, and supporting the best high-impact entrepreneurs in the region. These entrepreneurs have the leadership potential to build high-growth businesses that drive job creation, economic impact, and demonstrate a commitment to the community. By providing resources to these entrepreneurs, Endeavor Louisville is enabling them to scale their businesses, increase employment opportunities, and drive economic growth in Kentucky and Indiana. Ultimately, these high-impact entrepreneurs become key drivers of economic growth and inspire others to scale up, go big, and give back as role models and mentors in the community.
This information is meant to be a general summary of Endeavor Louisville 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.
- Gross Receipts: $577,647
Assets and Liabilities:
- Total Assets: $306,822
- Total Liabilities: $189,019
- Net Assets: $117,803
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Organization Details
Founding Year
2015
Phone
(502) 814-6600Principal Officer
Jackson Andrews
Main Address
552 E MARKET ST SUITE 201, LOUISVILLE, KY, 40202
Website
www.endeavorlouisville.orgNTEE Category
Code: Q32 - International
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