Overview
What is Endeavor Colorado?
Endeavor Colorado is a not-for-profit organization based in Denver, Colorado, dedicated to fostering high-impact entrepreneurship in the region. Their mission is to support and mentor promising entrepreneurs, empowering them to build successful, high-growth businesses that create jobs, stimulate economic growth, and demonstrate a commitment to the community. In 2022, Endeavor Colorado reviewed numerous companies, providing mentorship and resources to over a dozen entrepreneurs. They offer assistance with funding, access to potential customers, new market expansion, and business education programs. Endeavor Colorado's initiatives inspire other entrepreneurs to scale up, aim big, and give back, ultimately driving further economic growth and development in Colorado.
Official website here: www.endeavor.org/location/colorado/
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (73%)
Endeavor Colorado has received a Two-Star rating from Charity Navigator, indicating that there are notable areas needing improvement within the organization. The accountability and finance score of 73% suggests some strengths, particularly in governance, with 100% of its board members being independent. However, the lack of financial statements and several missing policies, including a whistleblower and document retention policy, significantly detracts from its overall score.
One of the organization's strengths lies in its program expense ratio, which is an impressive 95.07%, indicating that a substantial portion of its expenses goes directly to its programs. This suggests a strong commitment to its mission and efficient use of resources. Nevertheless, the absence of essential financial documentation and transparency measures raises concerns about the organization's overall accountability.
While Endeavor Colorado has established a solid foundation with independent governance, the missing financial disclosures and policy documents highlight critical areas for improvement. Addressing these limitations would enhance transparency and trust among stakeholders, ultimately benefiting the organization's mission and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Endeavor Colorado legitimate?
Endeavor Colorado is a legitimate nonprofit organization registered as a 501(c)(3) entity. Endeavor Colorado 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: $170,353
Professional Fundraising Fees: $0
Other Salaries and Wages: $168,441
For more financial information, click here
Official website here: www.endeavor.org/location/colorado/
What is the mission statement of Endeavor Colorado?
Endeavor Colorado, as a not-for-profit organization, spearheads the high-impact entrepreneurship movement in its region with the aim of fostering long-term economic growth. It achieves this by identifying, mentoring, and supporting high-potential entrepreneurs who are dedicated to building high-growth businesses that create jobs, drive economic impact, and demonstrate a commitment to the community. These entrepreneurs serve as key drivers of economic growth, inspiring others to scale up, think big, and give back to the community as role models and mentors. Endeavor Colorado offers unique resources to these high-impact entrepreneurs, enabling them to scale their businesses, increase employment opportunities, and contribute to the overall economic growth.
Official website here: www.endeavor.org/location/colorado/
Who is the CEO of Endeavor Colorado?
James Mcguirk is the Director of Endeavor Colorado.
Official website here: www.endeavor.org/location/colorado/
What is the revenue of Endeavor Colorado?
Endeavor Colorado's revenue in 2022 was $556,999.
Official website here: www.endeavor.org/location/colorado/
Who are the executives of Endeavor Colorado and what are their salaries?
The average compensation at Endeavor Colorado during 2022 was $84,698. There are 4 employees at Endeavor Colorado.
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- Compensation: $119,151
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- Other: $4,766
- Compensation: $51,202
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- Other: $1,500
Official website here: www.endeavor.org/location/colorado/
Where can I find the form 990 for Endeavor Colorado?
Endeavor Colorado's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.endeavor.org/location/colorado/
Learn more at the official website: www.endeavor.org/location/colorado/
Mission Statement of Endeavor Colorado
Endeavor Colorado, a leading not-for-profit organization, is spearheading the high-impact entrepreneurship movement in the region. Its mission is to foster long-term economic growth by identifying, mentoring, and supporting high-impact entrepreneurs. These entrepreneurs possess the leadership potential to establish high-growth businesses that generate job opportunities, contribute to the economy, and demonstrate a commitment to their community. By providing resources that are not readily available, Endeavor Colorado aids these entrepreneurs in scaling their businesses, increasing employment opportunities, and driving economic growth. These entrepreneurs serve as role models and mentors, inspiring others to scale up, dream big, and reinvest in their communities and fellow entrepreneurs.
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Impact
July, 2024
Endeavor Colorado's impact can be seen in its dedication to leading the high-impact entrepreneurship movement in Colorado. By selecting, mentoring, and supporting the best high-impact entrepreneurs in the region, Endeavor Colorado plays a crucial role in catalyzing long-term economic growth. These entrepreneurs, with their potential to build high-growth businesses, drive job creation, economic impact, and demonstrate a commitment to the community, serve as key drivers of economic growth.
Endeavor Colorado provides resources to these high-impact entrepreneurs that are not otherwise available, helping them scale their businesses, increase employment opportunities, and contribute to economic development in Colorado. Through mentorship, fundraising support, access to customers and new markets, as well as business and leadership education programs, Endeavor Colorado actively supports over 12 entrepreneurs, inspiring others to follow in their footsteps and give back to the community.
Overall, Endeavor Colorado's work not only fuels the growth of individual businesses but also creates a ripple effect of positive impact, with entrepreneurs serving as role models, mentors, and reinvestors in other entrepreneurs and the community at large.
This information is meant to be a general summary of Endeavor Colorado. 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: $21
- Gross Receipts: $556,999
Assets and Liabilities:
- Total Assets: $561,914
- Total Liabilities: $582
- Net Assets: $561,332
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Organization Details
Founding Year
2019
Phone
(720) 853-3044Principal Officer
James Mcguirk
Main Address
PMB 90383 1624 MARKET STREET 226, DENVER, CO, 802021559
NTEE Category
Code: S30 - Community improvement
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