Endeavor Louisville Inc
- Assets
- $390.4k
- Revenue
- $690.7k
- Investments
- $0.0
- Employees
- 4
- Location
- Louisville, KY
- Founding
- 05/2015
- Data as of
- 12/2021
- EIN
- 47-3170808
Organization Overview
Endeavor Louisville Inc, operating under the name Endeavor Midwest, is located in Louisville, KY. The organization was established in 2015. According to its NTEE Classification (Q32) the organization is classified as: International Economic Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2021, Endeavor Midwest employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Endeavor Midwest 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 12/2021, Endeavor Midwest generated $690.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.9% each year. All expenses for the organization totaled $652.3k during the year ending 12/2021. While expenses have increased by 16.1% per year over the past 7 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
ENDEAVOR LOUISVILLE IS LEADING THE HIGH-IMPACT ENTREPRENEURSHIP MOVEMENT IN KENTUCKY, INDIANA AND OHIO TO CATALYZE LONG-TERM ECONOMIC GROWTH BY SELECTING, MENTORING AND SUPPORTING THE BEST HIGH-IMPACT ENTREPRENEURS IN OUR REGION. HIGH-IMPACT ENTREPRENEURS ARE THOSE WITH LEADERSHIP POTENTIAL TO BUILD HIGH GROWTH BUSINESSES THAT DRIVE JOB CREATION, ECONOMIC IMPACT AND DEMONSTRATE A COMMITMENT TO COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2021, ENDEAVOR REVIEWED HUNDREDS OF COMPANIES AND CONTRIBUTED HUNDREDS OF HOURS OF MENTORSHIPS TO ENTREPRENEURS IN KENTUCKY, INDIANA AND OHIO. BETWEEN OUR ENDEAVOR ENTREPRENEURS, SELECTION AS A SERVICE CANDIDATES, AND SCALE UP PROGRAM WE ARE NOW SUPPORTING OVER 40 ENTREPRENEUR LED COMPANIES. DURING 2021 ENDEAVOR BOARD MEMBERS, MENTORS, AND ENDEAVOR ENTREPRENEURS DONATED APPROXIMATELY 700+ HOURS OF SUPPORT TO ENTREPRENEURS. ENDEAVOR PROVIDED ENTREPRENEURS MENTORSHIP AND OTHER SERVICES, INCLUDING SUPPORT WITH FUNDRAISING, ACCESS TO PARTNERSHIPS, ACCESS TO NEW GROWTH MARKETS AND BUSINESS & LEADERSHIP EDUCATION PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jackson Andrews Managing Director/secretary | OfficerTrustee | 40 | $210,355 |
Laura Forbes Treasurer | Officer | 5 | $16,800 |
Matthew Thornton Board Chair | OfficerTrustee | 2 | $0 |
Kent Lanum Secretary (partial) | OfficerTrustee | 1 | $0 |
Brook T Smith Board Chair | Trustee | 1 | $0 |
Greg Pope Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $117,350 |
| All other contributions, gifts, grants, and similar amounts not included above | $573,377 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $690,727 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $690,727 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $7,500 |
| 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. | $227,546 |
| Compensation of current officers, directors, key employees. | $22,755 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $166,421 |
| Pension plan accruals and contributions | $6,445 |
| Other employee benefits | $12,507 |
| Payroll taxes | $24,462 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $21,700 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,972 |
| Advertising and promotion | $85,493 |
| Office expenses | $13,589 |
| Information technology | $9,588 |
| Royalties | $0 |
| Occupancy | $38,090 |
| Travel | $20,332 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,638 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $80 |
| Insurance | $5,227 |
| All other expenses | $3,705 |
| Total functional expenses | $652,295 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $384,651 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $2,608 |
| Net Land, buildings, and equipment | $3,127 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $390,386 |
| Accounts payable and accrued expenses | $37,195 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $37,195 |
| Net assets without donor restrictions | $353,191 |
| 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 | $390,386 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Endeavor Louisville Inc has recieved totaling $147,476.
| Awarding Organization | Amount |
|---|---|
Endeavor Global Inc New York, NY PURPOSE: SUPPORT ENTREPRENURSHIP IN REGION | $97,476 |
Access Ventures Inc Louisville, KY PURPOSE: GENERAL FUNDS | $50,000 |
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