Enterprise for Youth

Nonprofit profile at a glance

EIN
237139082
IRS 990 coverage
2009–2024
Forms available
Form 990 2024
Location
San Francisco, CA, USA
Phone
6289008131
Rating
77
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Youth Development - Business

Reported finances

Revenue
$2,484,916
Expenses
$3,226,657
Assets
$1,350,269
Liabilities
$121,512

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

Leadership & pay

20 people listed

Executive titles in this filing

  • CARLO J SOLIS (CEO)
  • NINIVE CALEGARI (FORMER CEO)
  • LESLIE OHARA (Vice President)

Highest reported compensation

  • CARLO J SOLIS (CEO): $179,323 total reported compensation
  • ELIZABETH FUNG (CHIEF DEV DIRECTOR): $147,395 total reported compensation
  • NINIVE CALEGARI (FORMER CEO): $37,314 total reported compensation

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

Overview

Mission

Enterprise for youth empowers under-resourced san francisco youths to reach their potential through transformative paid internship experiences supported by a community of employers, caring adults, and peers.

What it reported doing in 2024

Our workforce development programs provide youth job-readiness skills leading directly to professional workplace experience linked to college coursework. Our long-standing partnerships with employers, and strong relationships across many job sectors, provide youth access to an expansive network of opportunities. In addition, we provide ongoing support to youth including leadership training, access to our youth job bank, and membership in our alumni network. Enterprise staff work closely with intern site supervisors and corporate volunteers to create an engaging and supportive environment for young people to explore their individual interests and refine their career goals, building self-confidence and self-reliance. As research shows: "in studies of effective youth-serving nonprofits, paid work experience is associated with higher long-term earnings and improved employment networks for participants." enterprise provides the framework for youth to develop their own networks of peers, mentors and colleagues-invaluable esources in life.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 95% 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.
  • Includes noncash contributions: Reported contributions include donated property or goods.

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: 74
  • Transparency & Controls: 76
  • Accountability: 95
  • Sustainability: 16
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 88.9%; rating input score 89
  • Program expense ratio: 68.4%; rating input score 68
  • Fundraising efficiency: $4.33 raised per $1 spent on fundraising; rating input score 14; 14th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 94.1%; rating input score 94; 23rd percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Pass
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • 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: 8 of 9 controls in place; rating input score 89
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • 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: -29.8%; rating input score 4; 4th percentile among comparable filings
  • Total-asset coverage ratio: 0.42; rating input score 14; 14th percentile among comparable filings
  • Liabilities to assets ratio: 0.09; rating input score 61; 61st percentile among comparable filings
  • Officer compensation ratio: 11.3%; rating input score 26; 26th percentile among comparable filings

Growth

  • Program expense growth: 8% per year; rating input score 100; 56th percentile among comparable filings
  • Revenue growth: 6.4% per year; rating input score 100; 51st percentile among comparable filings
  • Asset growth: 4.8% per year; rating input score 100; 34th percentile among comparable filings

Details

  • Where the money goes: 88.9% of revenue deployed · 68.4% of spending went to programs
  • Governance: 17 of 17 board members independent · 8 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $2.2M in reported program spending
  • Leadership: top reported pay $179K · 20 people listed · 3 of 6 pay-setting controls reported
  • Consistency: 30 of 31 current checks pass · 1 finding to review
  • Schedules: 7 filed schedules · includes major donors and executive pay
  • Filing history: 13 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • 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.

Key Signals

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

  • High — Financial Efficiency: Fundraising efficiency scored 14/100.
  • High — Sustainability: Operating margin scored 4/100.
  • High — Sustainability: Total-asset coverage ratio scored 14/100.
  • Review — Accountability: Governance controls: Other executive compensation review process not reported.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • High — Sustainability: Officer compensation ratio scored 26/100.