International : Development and Relief Services

Village Enterprise

Creating sustainable businesses. Transforming lives.

four stars

93.88

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

Board Leadership
Deborah A. Hall
Chair

CEO
Dianne Calvi
CEO

  Score
(out of 100)
Rating
Overall Score & Rating 93.88 four stars
  Financial 91.35 four stars
  Accountability & Transparency 100.00 four stars
This rating was published 11/01/2019 and includes data from FY2018, 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: Village Enterprise
Program Activities
A yearlong, four-part program to the extreme poor: cash to start a business, training, mentoring and a savings group.
Impact Statement
$140 increases the consumption expenditure of a household living in poverty by $420.
Impact Assessment
5/5
Assessment Benchmark
Impact assessments of livelihood support programs are based on income generated relative to cost. Programs receive a 5/5 assessment if they increase income for a beneficiary by more than $1.50 for every $1 spent and a 4/5 assessment if income increases by more than $0.85 for every $1 spent. If a nonprofit reports impact but doesn't meet the threshold for cost-effectiveness, it earns a 3/5 assessment.
Methodology
ImpactMatters analyzed publicly available data to rate the cost-effectiveness of Village Enterprise.
Data Source
Outcome data collected via consumption and expenditure surveys administered to randomly sampled participants before and after the program.
Method for Attributing 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.
Details
Analysis conducted by ImpactMatters and published on November 22, 2019.
This impact information is current as of November 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

91.35

Accountability & Transparency

four stars

100.00

This rating was published 11/01/2019 and includes data from FY2018, 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)
81.0%
  Administrative Expenses 5.5%
  Fundraising Expenses 13.3%
  Fundraising Efficiency $0.10
  Working Capital Ratio (years) 1.02
  Program Expenses Growth 21.6%
  Liabilities to Assets 5.6%
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 $3,426,504
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $1,000,000
   Government Grants $0
Total Contributions $4,426,504
   Program Service Revenue $0
Total Primary Revenue $4,426,504
   Other Revenue $650
TOTAL REVENUE $4,427,154
   
EXPENSES  
   Program Expenses $2,585,928
   Administrative Expenses $163,185
   Fundraising Expenses $423,603
TOTAL FUNCTIONAL EXPENSES $3,172,716
   
Payments to Affiliates $0
Excess (or Deficit) for the year $1,254,438
   
Net Assets $2,747,712

Charts

Compensation % of Expenses Paid to Title
$126,671 3.99% 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) 93.88 four stars
Nuru International (CA) 93.74 four stars
The Akshaya Patra Foundation USA (CA) 95.47 four stars
Mission: Hope (GA) 92.54 four stars
Landesa (WA) 95.17 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

Deborah A. Hall
Chair

CEO

Dianne Calvi
CEO