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International : Development and Relief Services

NESsT

Learn to fly

three stars

87.24

2323 Broadway Oakland, CA 94612
tel: (415) 644-0509   Web Site
EIN: 52-2018791

Board Leadership
Bret Rosen
Chair

CEO
Loïc Comolli & Nicole Etchart
Co-CEOs

  Score
(out of 100)
Rating
Overall Score & Rating 87.24 three stars
  Financial 82.21 three stars
  Accountability & Transparency 97.00 four stars
This rating was published 06/01/2020 and includes data from FY2018, the most recent 990 received at that time.

NESsT is a catalyst for social enterprises in emerging markets and worldwide. We achieve our mission by providing financial capital, training and mentoring, and access to markets for a high-impact portfolio of social enterprises in emerging markets. We combine the tools and strategies of business leadership, entrepreneurship and investment with the mission and values of the social sector to enable our portfolio to: better plan, improve management capacity, grow, and increase their social impact.

NESsT is a catalyst for social enterprises in emerging markets and worldwide. We achieve our mission by providing financial capital, training and mentoring, and access to markets for a high-impact portfolio of social enterprises in emerging markets. We combine the tools and strategies of business leadership, entrepreneurship and investment with the mission and values of the social sector to enable our portfolio to: better plan, improve management capacity, grow, and increase their social impact.

Financial

three stars

82.21

Accountability & Transparency

four stars

97.00

This rating was published 06/01/2020 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)
84.0%
  Administrative Expenses 9.5%
  Fundraising Expenses 6.4%
  Fundraising Efficiency $0.08
  Working Capital Ratio (years) 0.54
  Program Expenses Growth -5.0%
  Liabilities to Assets 22.6%
All data for Financial Performance Metrics calculations was provided by NESsT on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by NESsT on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
NESsT (CA) 87.24 three stars
Global Fund for Children (DC) 87.19 three stars
BrazilFoundation (NY) 94.32 four stars
Friendship Bridge (CO) 90.71 four stars
Synergos (NY) 89.28 three stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $1,705,464
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $39,777
Total Contributions $1,745,241
   Program Service Revenue $298,585
Total Primary Revenue $2,043,826
   Other Revenue $-20,206
TOTAL REVENUE $2,023,620
   
EXPENSES  
   Program Expenses $1,467,319
   Administrative Expenses $198,965
   Fundraising Expenses $83,655
TOTAL FUNCTIONAL EXPENSES $1,749,939
   
Payments to Affiliates $0
Excess (or Deficit) for the year $273,681
   
Net Assets $1,145,829

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Capacity Support & Financing - Peru $435,133 29.7%
Capacity Support & Financing - Hungary $256,147 17.5%
Capacity Support & Financing - Romania $230,882 15.7%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-12 06/01/2020 87.24 three stars
2017-12 09/03/2019 85.63 three stars
2016-12 05/01/2018 85.69 three stars
2015-12 04/01/2017 84.86 three stars
2014-12 06/01/2016 89.42 three stars
 
CN 2.0
2013-12 08/01/2015 83.71 three stars
2012-12 05/01/2014 84.41 three stars
2011-12 07/01/2013 86.26 three stars
2010-12 09/01/2012 87.64 three stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 52-2018791
Name in IRS Master File NONPROFIT ENTERPRISE AND SELF-SUSTAINABILITY TEAM INC
NTEE Code Z99
NTEE Classification Unknown
NTEE Type Unknown
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (994) Described in section 170(b)1)(a)(vi) of the Code
(603) Non-financial services of facilities to other organizations
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
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).
Group Name [Not Applicable]
Ruling Date October, 1997
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End December
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • December, 2017
  • December, 2016
  • December, 2015
  • December, 2014
  • December, 2013
Compensation % of Expenses Paid to Title
$118,632 6.77% Nicole Etchart Co-CEO
Other Salaries of Note
$96,375 5.50% Loic Comolli Co-CEO

Highly Rated

Charity Name & State Overall Score Overall Rating
NESsT (CA) 87.24 three stars
Healing Waters International (CO) 90.60 four stars
Growing Hope Globally, formerly Foods Resource Bank (IL) 89.39 three stars
Root Capital (MA) 85.57 three stars
BRAC USA (NY) 87.62 three stars

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Charity Contact Info

NESsT
2323 Broadway
Oakland, CA 94612
tel: (415) 644-0509
EIN: 52-2018791

Visit Web Site

Board Leadership

Bret Rosen
Chair

CEO

Loïc Comolli & Nicole Etchart
Co-CEOs

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