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Enactus

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

EIN: 742148471 ✦ Springfield, MO ✦ Designated as a 501(c)(3)

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Overview

What is Enactus?

Enactus is a global network of leaders committed to utilizing business as a driver for positive social and environmental change. With a mission to develop young innovators, the organization encourages entrepreneurship as a solution to the world's most pressing challenges. In the 2021-2022 academic year, Enactus student projects impacted approximately 13.1 million lives in 39 countries, implementing over 1,313 initiatives. Based in Springfield, Missouri, USA, Enactus has a dedicated team of 41 individuals who contribute to this global impact. Their projects are aligned with the United Nations' Sustainable Development Goals, aiming to address complex societal needs. To explore some of Enactus' projects, visit their website.


Official website here: www.enactus.org

What are the reviews and ratings of this charity?

Charity Navigator rating: 98%, Four-Star out of Four Star rating.

Enactus has earned a commendable Four-Star rating from Charity Navigator, reflecting its strong accountability and financial health. The organization's overall score demonstrates effective governance, with an independent board consisting entirely of 13 members. Furthermore, it has robust audit practices and transparency, as indicated by its adherence to policies on conflict of interest, whistleblowing, and proper documentation of board activities.

The financial metrics reveal that Enactus allocates a significant portion of its funds toward program expenses, with an impressive program expense ratio of 80.34%. This suggests a commitment to maximizing the impact of donor contributions. Additionally, the organization exhibits strong fundraising efficiency, managing to maintain low costs relative to the funds raised, signaling effective resource management.

While the organization demonstrates solid financial ratios, including a favorable liabilities to assets ratio and adequate working capital, the relatively short working capital duration of 0.51 years could be a point of consideration for potential donors. Overall, Enactus stands out as a well-managed nonprofit with a clear focus on its mission and effective use of resources.


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

What do the Facebook reviews say about Enactus?

98% of 396 reviewers on Facebook recommend Enactus. Here is a summary of their reviews:

Many individuals have praised the leadership training programs offered by Enactus, noting that the style of training is both engaging and effective. Reviewers expressed a high level of satisfaction with the skills they acquired, highlighting the practical approach that encourages active participation and personal growth.

Overall, the sentiment surrounding Enactus is overwhelmingly positive, indicating that the nonprofit delivers valuable experiences that empower participants to become leaders in their communities. The consistent recommendation from users reinforces the organization's commitment to fostering leadership and entrepreneurial skills.


This AI summary has been generated from reviews found on Facebook.

Is Enactus legitimate?

Enactus is a legitimate nonprofit organization registered as a 501(c)(3) entity. Enactus 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: $804,325
Professional Fundraising Fees: $18,000
Other Salaries and Wages: $1,968,391

For more financial information, click here


Official website here: www.enactus.org

What is the mission statement of Enactus?

Enactus is a global network that empowers young leaders to utilize entrepreneurship and innovation to address the world's most pressing social and environmental issues. Their mission is to develop these individuals into change-makers through experiential learning. Enactus addresses complex societal needs, aligning with the United Nations' Sustainable Development Goals, and in the 2021-2022 academic year, they implemented over 1,313 projects across 39 countries, impacting approximately 13.1 million lives. Enactus' next-generation leaders collectively have an exponential global impact, working towards positive change. A selection of their projects can be found on their website.


Official website here: www.enactus.org

Who is the CEO of Enactus?

Robyn S Fehrman is the Principal Officer of Enactus. The CEO's salary of Enactus is $299,612 and their total compensation is $338,463.


Official website here: www.enactus.org

What is the revenue of Enactus?

Enactus's revenue in 2022 was $2,712,406.


Official website here: www.enactus.org

Who are the executives of Enactus and what are their salaries?

The average compensation at Enactus during 2022 was $67,627. There are 41 employees and 512 volunteers at Enactus.


Here are 22 key members and their salaries (Enactus's CEO's salary is $299,612 and their total compensation is $338,463):


Gonzalve Bich (Chairman Of The Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Moore (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melisa Denis (Treasurer (Thru 1/5/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Stuart Murray (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Sepulveda (Secretary (Thru 1/5/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Elaine Bowers Coventry (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Brennan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marlee Burns (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carl Carande (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Catherine Duffy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rachael Jarosh (Director (Thru 1/28/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Joerg Krell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kees Kruythoff (Director (Thru 1/5/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Arun Kumar (Director (Thru 1/5/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Malchoff (Director (Thru 1/5/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Theodore Sutherland (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robyn Fehrman (President & Ceo)
  • Compensation: $299,612
  • Related: $0
  • Other: $38,851
Christopher Smith (Chief Financial Officer)
  • Compensation: $192,176
  • Related: $0
  • Other: $11,525
Betsey Liley (Cdo (Thru 11/11/22))
  • Compensation: $237,197
  • Related: $0
  • Other: $24,963
Steve Kappler (President, Usa (Thru 8/19/22))
  • Compensation: $111,201
  • Related: $0
  • Other: $12,733
Janani Akhilandeswari (Vice President - Global Programs)
  • Compensation: $146,877
  • Related: $0
  • Other: $8,787
Elgar Beumer (Svp - Network Operations)
  • Compensation: $108,749
  • Related: $0
  • Other: $8,521


Official website here: www.enactus.org

Where can I find the form 990 for Enactus?

Enactus's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.enactus.org

Learn more at the official website: www.enactus.org

Mission Statement of Enactus

Enactus, as a network of dedicated leaders, is committed to utilizing business as a catalyst for promoting positive social and environmental impacts. Their mission is to educate, inspire, and support young individuals to address the world's most pressing issues through innovation and entrepreneurship. Enactus serves as a platform for experiential learning, nurturing future leaders who strive to make a difference globally.

The organization's primary goal is to empower young people to tackle complex societal needs. Enactus adheres to the United Nations' Sustainable Development Goals as a guiding framework for student projects. In the 2021-2022 academic year, Enactus students implemented over 1,313 projects across 39 countries, directly impacting approximately 13.1 million lives. This collective force of NextGen leaders, driven by Enactus, demonstrates exponential global impact.

In essence, Enactus serves as a platform that encourages young individuals to use their entrepreneurial skills to tackle pressing global issues, drawing inspiration from the United Nations' Sustainable Development Goals. By implementing projects worldwide, Enactus fosters the development of future leaders capable of driving positive change in society.

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Impact




July, 2024

Enactus impacts the world by empowering young leaders to use innovation and entrepreneurship to address global societal needs. Through their entrepreneurial projects, Enactus students directly impacted approximately 13.1 million lives in 39 countries in the 2021-2022 academic year. These projects align with the United Nations' Sustainable Development Goals, making Enactus a powerful force for positive social and environmental change. The organization's focus on youth development creates a network of next-generation leaders who are driving impactful change on a global scale.




This information is meant to be a general summary of Enactus. 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
$2,712,406 (2022)
Expenses
$5,126,018 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $17,172
  • Gross Receipts: $2,745,685

Assets and Liabilities:

  • Total Assets: $1,889,904
  • Total Liabilities: $1,420,706
  • Net Assets: $469,198

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Organization Details

Founding Year

1981

Principal Officer

Robyn S Fehrman

Main Address

444 S CAMPBELL AVE, SPRINGFIELD, MO, 658062054

NTEE Category

Code: O50 - Youth development

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