Endeavor Louisville Inc

Nonprofit profile at a glance

EIN
473170808
IRS 990 coverage
2016–2024
Forms available
Form 990 2024
Location
Louisville, KY, USA
Phone
5025930075
Rating
77
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
International Economic Development

Reported finances

Revenue
$671,079
Expenses
$706,015
Assets
$95,781
Liabilities
$35,887

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

13 people listed

Highest reported compensation

  • JACKSON ANDREWS (MANAGING DIRECTOR/SECRETARY (Partial)): $258,128 total reported compensation
  • Justin Brown (Managing Director/Secretary): $76,468 total reported compensation
  • LAURA FORBES (TREASURER): $16,800 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Endeavor Louisville is leading the high-impact entrepreneurship movement in Kentucky, Indiana and Ohio, catalyzing 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 the community. These high-impact entrepreneurs become key-drivers of economic growth. Endeavor Louisville provides resources to select high-impact entrepreneurs, not otherwise available, to scale their businesses, increase employment opportunities, and drive economic growth in Kentucky and Indiana. These entrepreneurs inspire others to scale up, go big, and give back as role models and mentors and reinvest in other entrepreneurs and the community.

What it reported doing in 2024

In 2024, 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 50 entrepreneur led companies. During 2024 Endeavor Midwest created over 2,400 hours of entrepreneur support and activity. Endeavor Midwest provided entrepreneurs mentorship and other services, including support with fundraising, access to partnerships, access to new growth markets and business & leadership education programs.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 99% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 79
  • Transparency & Controls: 71
  • Accountability: 95
  • Sustainability: 16
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 84.1%; rating input score 84
  • Program expense ratio: 80.2%; rating input score 80
  • Fundraising efficiency: $15.82 raised per $1 spent on fundraising; rating input score 52; 52nd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 93.3%; rating input score 93; 22nd percentile among comparable filings
  • Pay-setting controls: 2 of 6 controls in place; rating input score 33
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Pass
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 7 of 8 controls in place; rating input score 88
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -5.2%; rating input score 24; 24th percentile among comparable filings
  • Total-asset coverage ratio: 0.14; rating input score 6; 6th percentile among comparable filings
  • Liabilities to assets ratio: 0.37; rating input score 21; 21st percentile among comparable filings
  • Officer compensation ratio: 49.8%; rating input score 2; 2nd percentile among comparable filings

Growth

  • Program expense growth: 6.4% per year; rating input score 100; 49th percentile among comparable filings
  • Revenue growth: 3.7% per year; rating input score 100; 35th percentile among comparable filings
  • Asset growth: -8.1% per year; rating input score 0; 4th percentile among comparable filings

Details

  • Where the money goes: 84.1% of revenue deployed · 80.2% of spending went to programs
  • Governance: 12 of 12 board members independent · 7 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $566K in reported program spending
  • Leadership: top reported pay $258K · 13 people listed · 2 of 6 pay-setting controls reported
  • Consistency: 28 of 29 current checks pass · 1 finding to review
  • Schedules: 5 filed schedules · includes major donors and executive pay
  • Filing history: 8 filing years from 2016 to 2024
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • Related organizations: Filed and resolved organization relationships.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Financial Efficiency: Fundraising efficiency scored 52/100.
  • High — Sustainability: Operating margin scored 24/100.
  • High — Sustainability: Total-asset coverage ratio scored 6/100.
  • Review — Accountability: Governance controls: Other executive compensation review process not reported.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 2/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • High — Sustainability: Liabilities to assets ratio scored 21/100.