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SAN CARLOS CA | IRS ruling year: 1988 | EIN: 22-2852248
Organization Mission
Our mission is to end extreme poverty in rural Africa through entrepreneurship, innovation, and collective action. More than 430 million people in Africa live in ext ... (More)
Our mission is to end extreme poverty in rural Africa through entrepreneurship, innovation, and collective action. More than 430 million people in Africa live in extreme poverty—70% of the world’s poorest. And every day, more families in Africa are being pushed into extreme poverty because of climate change, conflict, displacement, and a lack of resources and opportunities. Consequently, extreme poverty is growing at an alarming rate per World Bank’s 2022 report. We aim to change that. To date, Village Enterprise has trained 274,000 entrepreneurs, started 80,100 businesses, and impacted the lives of over 1,684,400 women, men, and children living across rural Africa. Village Enterprise is headquartered in San Carlos, CA, and operates in seven countries across East Africa with offices in Kenya, Uganda, Rwanda, and Ethiopia. Village Enterprise has top ratings across all categories from ImpactMatters and is endorsed by The Life You Can Save. (Less)
Great
This charity's score is 100%, earning it a Four-Star rating. If this organization aligns with your passions and values, you can give with confidence.
This overall score is calculated from multiple beacon scores, weighted as follows: 33% Accountability & Finance, 50% Impact & Results, 8% Leadership & Adaptability, 10% Culture & Community. Learn more about our criteria and methodology.
We recognize that not all metrics and beacons equally predict a charity’s success. The percentage each beacon contributes to the organization’s overall rating depends on the number of beacons an organization has earned.
Use the tool below to select different beacons to see how the weighting shifts when only one, two, or three beacons are earned.
Charity Navigator's ratings previously did not consider Leadership & Adaptability, Culture & Community, or Impact & Results. The historic rating mainly reflects a version of today’s Accountability and Finance score. More information on our previous rating methodologies can be found on our rating methodology page.
| Date Published | Overall Rating | ||
| 11/1/2022 | | ||
| 3/1/2022 | | ||
| 3/1/2021 | | ||
| 11/1/2019 | | ||
| 7/1/2018 | | ||
| 12/22/2017 | | ||
| 11/1/2016 | | ||
| 6/1/2016 |  | ||
| 7/1/2015 | | ||
This organization received multiple star ratings within this fiscal year, due to an update to its Accountability and Transparency data and/or the receipt of an amended Form 990. | |||
| 9/1/2014 | | ||
| 8/1/2014 | | ||
| 10/1/2013 | | ||
| 6/1/2013 |  | ||
| 10/1/2012 | | ||
| 6/1/2012 | | ||
Score
Most Recent Fiscal Year:
FY 2022
This beacon provides an assessment of a charity's financial health (financial efficiency, sustainability, and trustworthiness) and its commitment to governance practices and policies.
Learn more
Full Credit
Partial Credit
No CreditMajority Independent Board Members - 94% independent members10 out of 10 points Majority Independent Board Members - 94% independent members10 out of 10 points
Industry professionals strongly recommend an independent governing body to allow for full deliberation and diversity of thinking on governance and other organizational matters. We check to see that a majority of board members are identified as independent on their tax form.
Source: IRS Form 990
Independent Board Size - 16 independent members10 out of 10 points Independent Board Size - 16 independent members10 out of 10 points
Industry professionals strongly recommend an independent governing body to allow for full deliberation and diversity of thinking on governance and other organizational matters. For most organizations, we check to see if the organization has at least three independent board members. For large, donor-funded organizations, we check to see if the organization has at least five independent board members
Source: IRS Form 990
Financial Statements - Audit and Oversight Committee20 out of 20 points Financial Statements - Audit and Oversight Committee20 out of 20 points
An Audit, Review, or Compilation provides important information about financial accountability and accuracy. Organizations are scored based on their Total Revenue Amount:
| Total Revenue Amount | Expectation to Receive Credit |
| $2 million or higher and 40% or higher donor support | Expected to complete an audit and have an audit oversight committee |
| $1 million or higher | Expected to complete an audit |
| $500,000 - $1 million | Expected to complete an audit, review, or compilation |
| Less than $500,000 | No expectation (removed from scoring methodology) |
Source: IRS Form 990
Material Diversion of Assets - None20 out of 20 points Material Diversion of Assets - None20 out of 20 points
A diversion of assets — any unauthorized conversion or use of the organization's assets other than for the organization's authorized purposes, including but not limited to embezzlement or theft — also can seriously call into question a charity's financial integrity. We review the charity's most recent IRS Form 990 to see if the charity has reported any diversion of assets.
Source: IRS Form 990
Full CreditPartial CreditNo CreditWebsite Listed on Tax Form - Listed5 out of 5 points Website Listed on Tax Form - Listed5 out of 5 points
Charity Navigator looks for a website on the IRS Form 990 as an accountability and transparency metric.
Nonprofits act in the public trust and reporting publicly on activities is an important component.
Source: IRS Form 990
Conflict of Interest Policy - Listed5 out of 5 points Conflict of Interest Policy - Listed5 out of 5 points
Charity Navigator looks for the existence of a conflict of interest policy on the IRS Form 990 as an accountability and transparency measure.
This policy protects the organization and by extension those it serves, when it is considering entering into a transaction that may benefit the private interest of an officer, director and/or key employee of the organization.
Source: IRS Form 990
Whistleblower Policy - Listed5 out of 5 points Whistleblower Policy - Listed5 out of 5 points
Charity Navigator looks for the existence of a whistleblower policy per the IRS Form 990 as an accountability and transparency measure.
This policy outlines procedures for handling employee complaints, as well as a confidential way for employees to report financial or other types of mismanagement.
Source: IRS Form 990
Document Retention and Destruction - Listed5 out of 5 points Document Retention and Destruction - Listed5 out of 5 points
Charity Navigator looks for the existence of a document retention and destruction policy per the IRS Form 990 as an accountability and transparency measure.
This policy establishes guidelines for the handling, backing up, archiving and destruction of documents. These guidelines foster good record keeping procedures that promote data integrity.
Source: IRS Form 990
Documents Board Meeting Minutes - Yes5 out of 5 points Documents Board Meeting Minutes - Yes5 out of 5 points
Charity Navigator looks to confirm on the IRS Form 990 that the organization has this process in place as an accountability and transparency measure.
An official record of the events that take place during a board meeting ensures that a contemporaneous document exists for future reference.
Source: IRS Form 990
Tax Form Distributed to Board Before Filing - Listed5 out of 5 points Tax Form Distributed to Board Before Filing - Listed5 out of 5 points
Providing copies of the IRS Form 990 to the governing body prior to filing is considered a best practice, as it allows for thorough review by the individuals charged with overseeing the organization. The Form 990 asks the charity to disclose whether or not it has followed this best practice.
Loans to/from Officers - Missing5 out of 5 points Loans to/from Officers - Missing5 out of 5 points
Making loans to related parties, such as key officers, staff, or Board members, is not standard practice in the sector as it diverts the charity's funds away from its charitable mission and can lead to real and perceived conflict-of-interest problems.
The IRS requires charities to disclose on their Form 990 any loans to or from current and former officers, directors, trustees, key employees, and other "disqualified persons." Some state laws go so far as to prohibit loans to board members and officers.
Although employees and trustees are permitted to make loans to charities, this practice can also result in real and/or perceived conflict of interest problems for the charity. Furthermore, it is problematic because it indicates that the organization is not financially secure. Our analysts check to see if any loans have been made.
Full CreditPartial CreditNo CreditTax Form Posted on Nonprofit's Website - Listed5 out of 5 points Tax Form Posted on Nonprofit's Website - Listed5 out of 5 points
For almost all charities, we check the charity's IRS Form 990 to see if it discloses that the Form 990 is available on the charity's website. As with the audited financial statement, donors need easy access to this financial report to help determine if the organization is managing its financial resources well.
Source: IRS Form 990
Full CreditPartial CreditNo CreditLiabilities to Assets: Ratio - 6.62%25 out of 25 points Liabilities to Assets: Ratio - 6.62%25 out of 25 points
The Liabilities to Assets Ratio is determined by Total Liabilities divided by Total Assets (most recent IRS Form 990). This ratio is an indicator of an organization's solvency and/or long-term sustainability.
Source: IRS Form 990
Program Expense: Ratio - 81.09%25 out of 25 points Program Expense: Ratio - 81.09%25 out of 25 points
The Program Expense Ratio is determined by Program Expenses divided by Total Expense (average of most recent three IRS Forms 990). This measure reflects the percent of its total expenses a charity spends on the programs and services it exists to deliver.
Source: IRS Form 990
Fundraising Efficiency: Ratio - $0.0725 out of 25 points Fundraising Efficiency: Ratio - $0.0725 out of 25 points
The amount spent to raise $1 in charitable contributions. To calculate a charity's fundraising efficiency, we divide its average fundraising expenses by the average total contributions it receives. We calculate the charity's average expenses and average contributions over its three most recent fiscal years.
Source: IRS Form 990
Working Capital: Ratio - 1.62 years25 out of 25 points Working Capital: Ratio - 1.62 years25 out of 25 points
Determines how long a charity could sustain its level of spending using its net available assets, or working capital, as reported on its most recently filed IRS Form 990. Dividing these net available assets in the most recent year by a charity's average total expenses, yields the working capital ratio. We calculate the charity's average total expenses over its three most recent fiscal years.
Source: IRS Form 990
This chart displays the trend of revenue and expenses over the past several years for this organization, as reported on their IRS Form 990.
Presented here are up to five of this organization's highest compensated employees. This compensation data includes salary, cash bonuses, and expense accounts and is displayed exactly how it is reported to the IRS. The amounts do not include nontaxable benefits, deferred compensation, or other amounts not reported on Form W-2. In some cases, these amounts may include compensation from related organizations. Read the IRS policies for compensation reporting
Dianne Calvi, Ceo & President
$176,233
Kathryn Perkes, Cfo/cao (outgoing)
$123,601
Caroline Bernadi, Chief Development Officer
$116,742
Liz Corbishley, Chief Scaling Officer
$115,217
Zach Hoins, Chief Operating Officer
$109,518
Source: IRS Form 990 (page 7), filing year 2022
Below are some key data points from the Exempt Organization IRS Business Master File (BMF) for this organization. Learn more about the BMF on the IRS website
Foundation Status:
Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi) (BMF foundation code: 15)
Affiliation:
Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations). (BMF affiliation code: 3)
The Form 990 is a document that nonprofit organizations file with the IRS annually. We leverage finance and accountability data from it to form Encompass ratings. Click here to search for this organization's Forms 990 on the IRS website (if any are available). Simply enter the organization's name (Village Enterprise) or EIN (222852248) in the 'Search Term' field.
Score
This beacon estimates the actual impact a charity has on the lives of those it serves, and determines whether it is making good use of donor resources to achieve that impact.
Learn more
Program
Microenterprise Program
Activities
A yearlong, four-part program to the extreme poor: cash to start a business, training, mentoring and a savings group.
Program Type
Livelihood Support
Beneficiaries Served
Economically disadvantaged, low-income and poor people;self-employed people
Program Geography
Sub-Saharan Africa
Time Period of Data
7/1/17 to 6/30/18
Outcomes: Changes in the lives of those served by a nonprofit. They can be caused by the nonprofit.
Costs: The money spent by a nonprofit and its partners and beneficiaries.
Impact: Outcome caused by a nonprofit relative to its cost.
Cost-effectiveness: A judgment as to whether the cost was a good use of resources to cause the outcome.
Outcome Metric
Increase in consumption expenditure for a household living in poverty.
Outcome Data Source
Ratings are based on data the nonprofit itself collects on its work. We use the most recent year with sufficient data. Typically, this data allows us to calculate direct changes in participants' lives, such as increased income.
Outcome data collected via consumption and expenditure surveys administered to randomly sampled participants before and after the program.
Method for Attributing Outcomes
We don't know if the observed changes were caused by the nonprofit's program or something else happening at the same time (e.g., a participant got a raise). To determine causation, we take the outcomes we observe and subtract an estimate of the outcomes that would have happened even without the program (i.e., counterfactual outcomes).
Independent evaluator Innovations for Poverty Action conducted a randomized controlled trial of the Village Enterprise program implemented in Uganda in 2014–15. To estimate the counterfactual, researchers randomly assigned villages to a control group and tracked their outcomes over time.
Cost Data Source
After estimating the program's outcomes, we need to determine how much it cost to achieve those outcomes. All monetary costs are counted, whether they are borne by a nonprofit service deliverer or by the nonprofit’s public and private partners.
Cost information for this program was collected from nonprofit reporting and form 990 data from the IRS.
Cost Calculation
This impact rating was produced using a previous methodology that is not updated to reflect inflation, and we are therefore unable to generate a dollar-specific cost calculations.
We calculate impact, defined as the change in outcomes attributable to a program divided by the cost to achieve those outcomes.
Impact Calculation
This impact rating was produced using a previous methodology that is not updated to reflect inflation, and we are therefore unable to generate a dollar-specific impact calculations.
Benchmark for Rating
Impact & Results score of this program is based on the incremental cost to increase the consumption expenditure of a household living in poverty. If the program is found to provide an increase consumption by greater than $1.50 for every $1 spent, it is deemed highly cost-effective. If the program provides an increase consumption for more than $0.85 for every $1 spent, it is considered cost-effective. If the nonprofit doesn't meet this benchmark for cost-effectiveness, it earns a score of 65.
Determination
Highly cost-effective
Score
This beacon provides an assessment of the organization's culture and connectedness to the community it serves.
Learn more
Full CreditPartial CreditNo CreditConstituent Feedback - Data Available100/100 points Constituent Feedback - Data Available100/100 points
30% of beacon score
This organization reported that it is collecting feedback from the constituents and/or communities it serves. The methodology leveraged for Constituent Feedback is based on The Core Principles of Constituent Feedback, which describes listening and responding well to feedback. Charity Navigator participates in a consortium with other feedback experts and leading nonprofit infrastructure platforms to drive Constituent Feedback's advancement, promotion, and data collection.
How is your organization using feedback from the people you serve?
To identify and remedy poor client service experiences, To identify bright spots and enhance positive service experiences, To make fundamental changes to our programs and/or operations, To inform the development of new programs/projects, To identify where we are less inclusive or equitable across demographic groups, To strengthen relationships with the people we serve
What challenges does your organization face in collecting feedback from the people you serve?
The people we serve tell us they find data collection burdensome, It is difficult to get honest feedback from our clients
Equity Practices - Data Available95/100 points Equity Practices - Data Available95/100 points
70% of beacon score
This organization's score of 95 is a passing score. The organization reported that it is implementing 12 Equity Practices.
This assessment demonstrates the importance of implementing practices that contribute positively to an organization's overall culture, both internally and with respect to community engagement. Furthermore, equity centered frameworks and similar approaches have drawn much attention from donors, experts, and sector leaders who underscore its value to the nonprofit's overall health and capacity for mission success. Currently, the Equity Strategies Checklist assessment consists of practices and policies that promote racial equity in their operations and programs (per the Equity Strategies checklist administered by Candid). As we refine our DEI assessment, Charity Navigator partners with DEI consultants and field experts to broaden and deepen this work.
| Equity Practices (6/7) | |
We review compensation data across the organization (and by staff levels) to identify disparities by race. | |
We ask team members to identify racial disparities in their programs and/or portfolios. | |
We analyze disaggregated data and root causes of race disparities that impact the organization/'s programs, portfolios, and the populations served. | |
We disaggregate data to adjust programming goals to keep pace with changing needs of the communities we support. | |
We employ non-traditional ways of gathering feedback on programs and trainings, which may include interviews, roundtables, and external reviews with/by community stakeholders. | |
We disaggregate data by demographics, including race, in every policy and program measured | |
We have long-term strategic plans and measurable goals for creating a culture such that one’s race identity has no influence on how they fare within the organization. | |
| Equity Policies and Procedures (6/7) | |
We use a vetting process to identify vendors and partners that share our commitment to race equity. | |
We have a promotion process that anticipates and mitigates implicit and explicit biases about people of color serving in leadership positions. | |
We seek individuals from various race backgrounds for board and executive director/CEO positions within our organization. | |
We have community representation at the board level, either on the board itself or through a community advisory board. | |
We help senior leadership understand how to be inclusive leaders with learning approaches that emphasize reflection, iteration, and adaptability. | |
We measure and then disaggregate job satisfaction and retention data by race, function, level, and/or team. | |
We engage everyone, from the board to staff levels of the organization, in race equity work and ensure that individuals understand their roles in creating culture such that one’s race identity has no influence on how they fare within the organization. | |
Score
This beacon provides an assessment of the organization's leadership capacity, strategic thinking and planning, and ability to innovate or respond to changes in constituent demand/need or other relevant social and economic conditions to achieve the organization's mission.
Learn more
Full CreditPartial CreditNo CreditMission 10/10 points Mission 10/10 points
The nonprofit organization presents evidence of strategic thinking through articulating the organization's mission
Our mission is to end extreme poverty in rural Africa through entrepreneurship, innovation, and collective action. More than 430 million people in Africa live in extreme poverty—70% of the world’s poorest. And every day, more families in Africa are being pushed into extreme poverty because of climate change, conflict, displacement, and a lack of resources and opportunities. Consequently, extreme poverty is growing at an alarming rate per World Bank’s 2022 report. We aim to change that. To date, Village Enterprise has trained 274,000 entrepreneurs, started 80,100 businesses, and impacted the lives of over 1,684,400 women, men, and children living across rural Africa. Village Enterprise is headquartered in San Carlos, CA, and operates in seven countries across East Africa with offices in Kenya, Uganda, Rwanda, and Ethiopia. Village Enterprise has top ratings across all categories from ImpactMatters and is endorsed by The Life You Can Save.
Vision 10/10 points Vision 10/10 points
The nonprofit organization presents evidence of strategic thinking through articulating the organization’s vision.
A world free of extreme poverty where everyone has the means to sustain their families.
Source: Nonprofit submitted responses
Goals 20/20 points Goals 20/20 points
The nonprofit organization presents evidence of strategic thinking and goal setting through sharing their most important strategic goals.
Goal One: Equip 230k new entrepreneurs to start 75k sustainable businesses. With the goal of lifting 1.5M individuals out of poverty by 2025, while promoting gender equity and minimizing environmental impact.
Goal Type: Grow, expand, scale or increase access to the existing programs and services.
Goal Two: Partner with African Governments and NGOs to drive advocacy efforts and scale up evidence-based approaches for economic inclusion, building upon Village Enterprises' poverty graduation model.
Goal Type: This goal reflects our commitment to further our advocacy work for our organization and or cause area.
Goal Three: Continue to build a world-class team of Africans that exemplify our core values of ubuntu, passion, innovation, integrity and sustainability, and lead at every level in our organization.
Goal Type: Focus on core programs to achieve mission and scale back on programs not seen as core.
Leadership Development 15/15 points Leadership Development 15/15 points
The nonprofit provides evidence of investment in leadership development
Describe an investment in leadership
Investing in our world-class African and US team is a priority at Village Enterprise. Recently, we hired a VP of People and Culture to ensure that we are able to maintain our culture and continue to prioritize investing in professional development for our employees as we continue to grow. In 2021/2022, we completed a Lead@VE training for all the managers to improve their management and leadership skills. This program was developed for VE ‘s managers and included 6 modules including “how to give constructive feedback”, “how to recruit”,and “how to drive performance within your team”. This program was designed to help our staff develop new skills, become better leaders, and advance their careers.
Mobilizing for Mission 15/15 points Mobilizing for Mission 15/15 points
The nonprofit provides evidence of leadership through focusing externally and mobilizing resources for the mission.
This organization mobilizes for mission in the following ways:
Strategic Partnerships
Networks of Collective Impact Efforts
Thought Leadership
Raising Awareness
Community Building
What are this organization’s external mobilizaton efforts?
Our cost-effective approach has been proven to work in multiple countries and with different populations. With our Village Enterprise Extend technical assistance team’s help, we are now working with governments and nonprofit partners to transform the lives of 20 million Africans by 2030. 'Extend' which is our Village Enterprise team that provides technical assistance to support other partners in adopting a modified version of our graduation approach and process. We also bring in field experts, monitor and evaluation team members, program design teams, and other specialists or trained professionals as needed.
Adaptability Story 30/30 points Adaptability Story 30/30 points
The nonprofit has an opportunity to tell the story of how the organization adapted to tremendous external changes in the last year.
As response to the global COVID-19 pandemic, we began investing in digital technologies (portable projectors and tablets) in addition to making further investments in expanding our monitoring and evaluation capabilities. The war in Ukraine has since sent the prices of food, fuel, and fertilizer soaring—hitting families living in extreme poverty the hardest and pushing communities to the brink of famine. And climate change threatens to push another 100 million into extreme poverty by 2030. As these issues continue to become more pressing, we will continue to innovate our programming and develop key partnerships that will enable us to fit the needs of the communities we serve. In West Pokot County in Kenya, for example, Village Enterprise is working with entrepreneurs (80% women) to start climate-smart agribusinesses to help them address the devastating effects of climate change. We’re also working with local county officials to develop gender-sensitive and climate-smart policies to benefit future generations of girls and women in the region. This program, known as the Women’s Economic Empowerment through ClimateSmart Agriculture Project, is a partnership between UNWomen, the Food and Agriculture Organization of the United Nations (FAO), the Korea International Cooperation Agency, and Village Enterprise. Through this program, farmers in West Pokot are becoming more resilient in the face of climate change. By receiving training on proper irrigation, planting drought-tolerant crops, and moisture retention practices, the farmers are better equipped to grow crops and run successful businesses in a changing environment. As we grow and move into new regions and countries, we continue to hire diverse, dedicated, and passionate leaders to drive our unique, locally adapted program. Every day, as one team, we strive to increase our impact through living out our core values of Ubuntu, Integrity, Innovation, Passion, and Sustainability.
Impact & Results
Accountability & Finance
Culture & Community
Leadership & Adaptability
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