VILLAGE ENTERPRISE FUND INC (EIN 222852248) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1987

Legal Domicile

Principal Officer

DIANNE CALVI

Phone

6508028891

Tax Period

2023-07-01 to 2024-06-30

VILLAGE ENTERPRISE FUND INC, founded in 1987, is a mid-sized nonprofit in the International Affairs sector that reported $17.6M in total revenue in fiscal year 2023. Revenue decreased 5% compared to the prior year. Expenses of $16.7M left a modest 5% surplus.

Mission

TO END EXTREME POVERTY IN RURAL AFRICA THROUGH ENTREPRENEURSHIP AND INNOVATION. (SEE SCHEDULE O)PARTNERING WITH GOVERNMENTS, NONPROFITS, UNITED NATIONS AGENCIES, CONSERVATION ORGANIZATIONS, AND PRIVATE SECTOR COMPANIES, VILLAGE ENTERPRISE EQUIPS FIRST-TIME ENTREPRENEURS IN AFRICA WITH RESOURCES AND SKILLS TO START CLIMATE-SMART BUSINESSES AND SAVINGS GROUPS. LOCALLY-LED AND COMMUNITY-BASED, THE ORGANIZATION WORK WITH THE MOST VULNERABLE WOMEN, REFUGEES, AND YOUTH IN RURAL AFRICA AND EQUIP THEM TO ADAPT TO THE SHOCKS OF DROUGHT, DISPLACEMENT, THE PANDEMIC, AND CONFLICT.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $17,047,907

Program Service Revenue $0

Investment Income $569,654

Other Revenue $11,968

TOTAL REVENUE $17,629,529

Expense Breakdown

Grants Paid $5,786,251

Salaries & Benefits $6,775,505

Fundraising Expenses $1,332,116

Program Expenses $13,561,912

Other Expenses $4,117,151

TOTAL EXPENSES $16,678,907

Year-over-Year Comparison

	2023	2022	Change
Revenue	$17,629,529	$18,562,068	-0.1%
Expenses	$16,678,907	$12,595,548	+0.3%
Net Income	$950,622	$5,966,520	-0.8%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$915,622

Total Directors

$272,181

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRUCE SEWELL	VICE CHAIR	1.00	Officer Director	$0	$0	$0
DIANNE CALVI	CEO & PRESIDENT	40.00	Officer Director	$245,786	$26,395	$272,181
EMEKA AJOKU	TREASURER	4.00	Officer Director	$0	$0	$0
JAMIE AUSTIN	SECRETARY	1.00	Officer Director	$0	$0	$0
KATIE BOLAND	CHAIR	6.00	Officer Director	$0	$0	$0
ALEKSANDRA PETERS	DIRECTOR	1.00	Director	$0	$0	$0
ALEXIS RWABIZAMBUGA	DIRECTOR	1.00	Director	$0	$0	$0
DEBBIE HALL	DIRECTOR	4.00	Director	$0	$0	$0
ERMIAS ESHETU	DIRECTOR (UNTIL 2/2024)	1.00	Director	$0	$0	$0
EVELYN NAMARA	DIRECTOR	1.00	Director	$0	$0	$0
JAY FRIEDRICHS	DIRECTOR	1.00	Director	$0	$0	$0
LISA GUERRA	DIRECTOR	1.00	Director	$0	$0	$0
MARY DOSUNMU	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL MITHIKA	DIRECTOR	1.00	Director	$0	$0	$0
PATRICK BROWN	DIRECTOR	4.00	Director	$0	$0	$0
SERAH KIMANI	DIRECTOR	1.00	Director	$0	$0	$0
ABDI DEBELA	CHIEF FINANCIAL OFFICER	40.00	Officer	$188,364	$15,440	$203,804
LIZ CORBISHLEY	CHIEF STRATEGY OFFICER(UNTIL 2/2024)	40.00	Officer	$125,919	$8,288	$134,207
WINNIE AUMA	CHIEF PROGRAMS OFFICER	40.00	Officer	$119,906	$19,191	$139,097
ZACH HOINS	CHIEF OPERATING OFFICER	40.00	Officer	$152,315	$14,018	$166,333
BRETT SLEZAK	VICE PRESIDENT OF MARKETING & COMMUNICATIONS	40.00	Highest	$121,254	$4,572	$125,826
CAROLINE BERNADI	HEAD OF INNOVATIVE FINANCING	40.00	Highest	$129,618	$3,893	$133,511
CELESTE BRUBAKER	CHIEF IMPACT OFFICER	40.00	Highest	$137,575	$13,423	$150,998
EVELYNE MKUNGO	VICE PRESIDENT OF PEOPLE & CULTURE	40.00	Highest	$107,331	$7,120	$114,451
TADEO MURIUKI	CHIEF GOVERNMENT RELATIONS OFFICER	40.00	Highest	$148,805	$5,681	$154,486

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	No data	No data	No data	No data
2024	$17,629,529	$16,678,907	$18,573,765	$950,622
2023	$18,562,068	$12,595,548	$16,503,296	$5,966,520
2022	$11,795,930	$7,739,988	$9,553,935	$4,055,942
2021	$5,693,155	$4,722,961	$5,608,385	$970,194
2020	$5,230,383	$4,095,155	$4,609,714	$1,135,228
2019	$4,499,590	$4,006,661	$3,302,575	$492,929
2018	$4,427,154	$3,172,716	$2,911,072	$1,254,438

VILLAGE ENTERPRISE FUND INC