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African Enterprise Inc

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

EIN: 952275044 ✦ Spokane, WA ✦ Designated as a 501(c)(3)

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Overview

What is African Enterprise Inc?

African Enterprise Inc is a nonprofit organization based in Spokane, Washington, with a PO box address. Their primary mission is to evangelize the cities of Africa through both word and deed, working in partnership with the church. This mission is achieved through their ministry, AEI/Team Support, which covers the costs of staff in the countries where they operate. The organization employs a modest team of two individuals.


Official website here: www.africanenterprise.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 97%, Four-Star out of Four Stars

African Enterprise Inc. demonstrates a strong commitment to accountability and effectiveness, reflected in its high rating from Charity Navigator. The organization boasts an impressive leadership adaptability score of 100 and maintains robust financial oversight, with no noted material diversion of assets. Over 67% of their expenses are dedicated to programs, indicating a focus on impactful activities rather than administrative costs.

User feedback from various donors and volunteers highlights the organization's deep-rooted mission in evangelism and community service across Africa. Many reviewers emphasize the positive impact that African Enterprise has had on local communities, especially through its support for youth and vulnerable populations. The organization is praised for its holistic approach, combining spiritual outreach with practical support, such as vocational training and humanitarian aid.

While the feedback is overwhelmingly positive, no significant limitations or concerns were identified in the reviews or financial data. Overall, African Enterprise appears to be a well-regarded nonprofit with an effective model that resonates with its mission to evangelize and uplift communities across Africa.


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

Is African Enterprise Inc legitimate?

African Enterprise Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. African Enterprise 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: $95,500
Professional Fundraising Fees: $120,313
Other Salaries and Wages: $21,405

For more financial information, click here


Official website here: www.africanenterprise.org

What is the mission statement of African Enterprise Inc?

African Enterprise Inc's mission is centered around evangelizing the cities of Africa. They accomplish this mission through a partnership with the church, employing both words and deeds as their tools. This organization's objective is to make a significant impact in Africa, striving to spread faith and make a difference in the lives of its people. The organization also supports its ministry staff in various countries through their AEI/Team Support program.


Official website here: www.africanenterprise.org

Who is the CEO of African Enterprise Inc?

Jamie Morrison is the Executive Director of African Enterprise Inc.


Official website here: www.africanenterprise.org

What is the revenue of African Enterprise Inc?

African Enterprise Inc's revenue in 2022 was $932,966.


Official website here: www.africanenterprise.org

Who are the executives of African Enterprise Inc and what are their salaries?

The average compensation at African Enterprise Inc during 2022 was $58,452. There are 2 employees and 10 volunteers at African Enterprise Inc.


Here are 5 key members and their salaries:


Jamie Morrison (Executive Director)
  • Compensation: $94,000
  • Related: $0
  • Other: $0
Remi Lawanson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jenn Graffius (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dena Goodman (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wayne Herman (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.africanenterprise.org

Where can I find the form 990 for African Enterprise Inc?

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


Official website here: www.africanenterprise.org

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

Mission Statement of African Enterprise Inc

African Enterprise Inc, as a nonprofit organization, is committed to evangelizing the cities of Africa through both word and deed. This mission is carried out in collaboration with the church. To achieve this, the organization provides financial support for ministry staff operating in various African countries, under a program known as AEI/Team Support. This financial assistance allows these staff members to carry out their evangelistic work effectively, thereby contributing to the overall mission of African Enterprise Inc. The organization's approach to evangelism combines practical action with the sharing of the Christian message, aiming to make a lasting impact in the lives of people across Africa.

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Impact




July, 2024

African Enterprise Inc has a significant impact in evangelizing the cities of Africa through word and deed in partnership with the church. By covering the costs of ministry staff in the countries where the organization operates, African Enterprise Inc plays a vital role in spreading the gospel and providing support to local communities. This work contributes to the spiritual growth and development of individuals and communities across Africa, ultimately fostering positive change and transformation.




This information is meant to be a general summary of African Enterprise 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.

Revenue
$932,966 (2022)
Expenses
$1,003,980 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $18,184
  • Gross Receipts: $932,966

Assets and Liabilities:

  • Total Assets: $674,306
  • Total Liabilities: $3,688
  • Net Assets: $670,618

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

OTHER PROGRAM INCOME

Revenue

$18,184

Organization Details

Founding Year

1962

Principal Officer

Jamie Morrison

Main Address

PO BOX 28190, Spokane, WA, 99228

NTEE Category

Code: Q300 - International

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