International : Development and Relief Services

Village Enterprise

Creating sustainable businesses. Transforming lives.

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Impact Information is available from our partner, ImpactMatters

four stars

93.72

751 Laurel Street, PMB 222 San Carlos, CA 94070
tel: (650) 802-8891   Web Site
EIN: 22-2852248

Board Leadership
Katie Boland
Chair

CEO
Dianne Calvi
CEO

  Score
(out of 100)
Rating
Overall Score & Rating 93.72 four stars
  Financial 91.12 four stars
  Accountability & Transparency 100.00 four stars
This rating was published 07/01/2018 and includes data from FY2017, the most recent 990 received at that time.

Our mission is to end extreme poverty in rural Africa through entrepreneurship and innovation. The Village Enterprise one-year Graduation program provides groups of three entrepreneurs with seed capital ($150), training, and ongoing mentoring by a local business mentor. We organize the business groups into Business Savings Groups of 30 entrepreneurs (10 business groups) to allow access to growth capital, provide a safe place for savings, and build social capital. Integrated conservation training ensures that new business activities promote environmental best practices. Examples of businesses include livestock, farming, small retail stores, restaurants, tailoring, and beekeeping. Village Enterprise has started over 45,000 businesses and trained over 178,000 East Africans. Village Enterprise is headquartered in San Carlos, CA, and operates in Kenya and Uganda. Village Enterprise has top ratings across all categories from ImpactMatters and is endorsed by The Life You Can Save.

Our mission is to end extreme poverty in rural Africa through entrepreneurship and innovation. The Village Enterprise one-year Graduation program provides groups of three entrepreneurs with seed capital ($150), training, and ongoing mentoring by a local business mentor. We organize the business groups into Business Savings Groups of 30 entrepreneurs (10 business groups) to allow access to growth capital, provide a safe place for savings, and build social capital. Integrated conservation training ensures that new business activities promote environmental best practices. Examples of businesses include livestock, farming, small retail stores, restaurants, tailoring, and beekeeping. Village Enterprise has started over 45,000 businesses and trained over 178,000 East Africans. Village Enterprise is headquartered in San Carlos, CA, and operates in Kenya and Uganda. Village Enterprise has top ratings across all categories from ImpactMatters and is endorsed by The Life You Can Save.

Impact Information

This charity has reported a measure of cost-effectiveness: how much impact (per dollar) your donation will have on the charity's social outcome. The cost-effectiveness calculation was performed using protocols developed by ImpactMatters, an independent auditor of philanthropic impact.

For nonprofits that run multiple programs, we highlight the impact of one program below.  Learn More about Impact Information.
Program Name: Microenterprise Program
Program Activities
A yearlong, four-part program to the extreme poor: cash to start a business, training, mentoring and a savings group.
Impact Statement
$400 increases consumption expenditure of a person living in poverty by $900.
Confidence in Estimate
ImpactMatters assigned a rating of 5/5 for the audit team's confidence in its impact estimate for the Microenterprise Program.
Methodology
Village Enterprise underwent a rigorous audit of its impact by ImpactMatters.
Data Source
Multi-arm randomized controlled trial (R.C.T.) conducted by third-party evaluator Innovations for Poverty Action (I.P.A.) on the Village Enterprise program.
Attribution Method
Villages were randomly assigned to the control group. The R.C.T. tracked outcomes of the control group to estimate counterfactual success.
Details
This report was independently audited by ImpactMatters. This report covers August 2014 to August 2015.
This impact information is current as of March 2019, when it was provided to us by ImpactMatters. At this time, Impact information published on this organization's page has no effect on its rating per our methodology.

Financial

four stars

91.12

Accountability & Transparency

four stars

100.00

This rating was published 07/01/2018 and includes data from FY2017, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
80.2%
  Administrative Expenses 5.9%
  Fundraising Expenses 13.8%
  Fundraising Efficiency $0.12
  Working Capital Ratio (years) 0.67
  Program Expenses Growth 12.9%
  Liabilities to Assets 1.8%
All data for Financial Performance Metrics calculations was provided by Village Enterprise on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Village Enterprise on recent 990s filed with the IRS.
REVENUE  
Contributions  
   Contributions, Gifts & Grants $3,571,468
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $0
Total Contributions $3,571,468
   Program Service Revenue $0
Total Primary Revenue $3,571,468
   Other Revenue $631
TOTAL REVENUE $3,572,099
   
EXPENSES  
   Program Expenses $2,302,495
   Administrative Expenses $161,519
   Fundraising Expenses $305,155
TOTAL FUNCTIONAL EXPENSES $2,769,169
   
Payments to Affiliates $0
Excess (or Deficit) for the year $802,930
   
Net Assets $1,493,646

Charts

Compensation % of Expenses Paid to Title
$133,141 4.80% Dianne Calvi President, CEO

Mission

Our mission is to end extreme poverty in rural Africa through entrepreneurship and innovation. The Village Enterprise one-year Graduation program provides groups of three entrepreneurs with seed capital ($150), training, and ongoing mentoring by a local business mentor. We organize the business groups into Business Savings Groups of 30 entrepreneurs (10 business groups) to allow access to growth capital, provide a safe place for savings, and build social capital. Integrated conservation training ensures that new business activities promote environmental best practices. Examples of businesses include livestock, farming, small retail stores, restaurants, tailoring, and beekeeping. Village Enterprise has started over 45,000 businesses and trained over 178,000 East Africans. Village Enterprise is headquartered in San Carlos, CA, and operates in Kenya and Uganda. Village Enterprise has top ratings across all categories from ImpactMatters and is endorsed by The Life You Can Save.

Highly Rated

Charity Name & State Overall Score Overall Rating
Village Enterprise (CA) 93.72 four stars
GlobalGiving (DC) 98.23 four stars
The Hunger Project (NY) 91.19 four stars
American India Foundation (NY) 93.43 four stars
Lifewater International (CA) 92.49 four stars

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Charity Contact Info

Village Enterprise
751 Laurel Street, PMB 222
San Carlos, CA 94070
tel: (650) 802-8891
EIN: 22-2852248

Visit Web Site

Board Leadership

Katie Boland
Chair

CEO

Dianne Calvi
CEO