Enterprise Foundation is located in San Jose, CA. The organization was established in 2009. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2021, Enterprise Foundation employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Enterprise Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Enterprise Foundation generated $6.9m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 45.4% each year . All expenses for the organization totaled $6.5m during the year ending 06/2021. While expenses have increased by 38.5% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
FOSTER SELF-SUFFICIENCY THROUGH SELF-EMPLOYMENT AND TO PROMOTE, SUPPORT, AND ENCOURAGE THE ADVANCEMENT AND DEVELOPMENT OF MICRO AND SMALL BUSINESSES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED EXTENSIVE TRAINING ON A ONE-ON-ONE BUSINESS CONSULTING FOR MORE THAN 200 SMALL BUSINESS OWNERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dennis King Vice President | Officer | 40 | $98,360 |
Lourdes Arvizu Treasurer | Officer | 40 | $49,287 |
Richard DE La Rosa President CEO | OfficerTrustee | $0 | |
Monica Amador Secretary | Trustee | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $5,497,853 |
All other contributions, gifts, grants, and similar amounts not included above | $1,423,960 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $6,921,813 |
Total Program Service Revenue | $0 |
Investment income | $2 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $6,921,921 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $147,647 |
Compensation of current officers, directors, key employees. | $6,996 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $165,734 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $16,660 |
Payroll taxes | $35,723 |
Fees for services: Management | $130,033 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $5,000 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $33,934 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $197 |
Total functional expenses | $6,528,731 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $624,756 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $206,354 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $3,500 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $8,712 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $843,322 |
Accounts payable and accrued expenses | $9,713 |
Grants payable | $49,294 |
Deferred revenue | $146,703 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $5,500 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $211,210 |
Net assets without donor restrictions | $632,112 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $843,322 |
Over the last fiscal year, we have identified 1 grants that Enterprise Foundation has recieved totaling $124,276.
Awarding Organization | Amount |
---|---|
Working Partnerships Usa San Jose, CA PURPOSE: General Outreach | $124,276 |
Organization Name | Assets | Revenue |
---|---|---|
Western Regional Examining Board Phoenix, AZ | $0 | $7,805,212 |
The Better Business Bureau Inc Phoenix, AZ | $11,570,437 | $16,919,340 |
Pacific West Association Of Realtors Inc Anaheim, CA | $20,065,190 | $11,318,447 |
Businesses United In Investing Lending And Development Redwood City, CA | $15,281,937 | $16,419,583 |
Enterprise Foundation San Jose, CA | $843,322 | $6,921,921 |
All Raise San Francisco, CA | $16,909,959 | $6,096,804 |
Forth Portland, OR | $1,266,604 | $3,911,296 |
Authorized Taxicab Supervision Inc Los Angeles, CA | $2,022,494 | $4,283,831 |
Better Business Bureau Of Los Angeles And Silicon Valley Inc San Jose, CA | $3,931,110 | $3,510,578 |
Worldatwork Society Of Certified Professionals Scottsdale, AZ | $12,717,541 | $3,104,582 |
National Center For Employee Ownership Oakland, CA | $2,735,195 | $3,448,060 |
Better Business Bureau Of Sacramento Sacramento, CA | $4,950,404 | $3,352,170 |