Totals
- Total revenue
- $1,593,290
- Total expenses
- $2,078,037
- Contributions and grants received
- $1,574,845
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $41,042
- Other revenue
- -$22,597
- Total assets, end of year
- $1,851,340
- Total liabilities, end of year
- $282,917
- Net assets or fund balances, end of year
- $1,568,423
- Program services expenses (Part IX)
- $1,412,285
- Management and general expenses
- $474,985
- Fundraising expenses
- $190,767
- Program service expenses (Part III)
- $1,412,285
Program services were 68.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$1,574,845
-
3 · Investment income
total $41,042 · excluded $41,042
-
8a · Fundraising events: gross income
$0
-
8b · Fundraising events: direct expenses
$76,083
-
8c · Net income from fundraising events
total -$76,083 · excluded -$76,083
-
11a · Other revenue: OTHER INCOME-ERTC
total $43,736 · related or exempt $43,736
-
11b · Other revenue: OTHER INCOME
total $7,072 · related or exempt $7,072
-
11c · Other revenue: CREDIT CARD FEES
total $2,678 · related or exempt $2,678
-
11e · Other revenue, total
$53,486
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $286,725 · program services $229,380 · management and general $22,938 · fundraising $34,407
-
7 · Other salaries and wages
total $916,240 · program services $606,673 · management and general $199,618 · fundraising $109,949
-
8 · Pension plan contributions
total $18,967 · program services $15,174 · management and general $1,517 · fundraising $2,276
-
9 · Other employee benefits
total $96,148 · program services $76,918 · management and general $7,692 · fundraising $11,538
-
10 · Payroll taxes
total $85,469 · program services $68,375 · management and general $6,838 · fundraising $10,256
-
11g · Fees: other
total $64,446 · management and general $64,446
-
12 · Advertising and promotion
total $118,022 · program services $118,022
-
16 · Occupancy
total $2,894 · program services $2,314 · management and general $231 · fundraising $349
-
17 · Travel
total $47,442 · program services $47,442
-
22 · Depreciation, depletion and amortization
total $23,517 · management and general $23,517
-
23 · Insurance
total $4,653 · program services $3,723 · management and general $372 · fundraising $558
-
24a · Other expenses: GENERAL & ADMINSTRATIVE
total $258,264 · program services $134,297 · management and general $123,967
-
24b · Other expenses: SPECIAL EVENTS AND MEET
total $131,401 · program services $109,967 · fundraising $21,434
-
24c · Other expenses: OTHER EXPENSES
total $23,849 · management and general $23,849
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,667,523 · end of year $1,241,117
-
3 · Pledges and grants receivable
beginning of year $238,551 · end of year $250,309
-
10a · Land, buildings and equipment: cost or other basis
$133,638
-
10b · Land, buildings and equipment: accumulated depreciation
$30,730
-
10c · Land, buildings and equipment, net
beginning of year $126,425 · end of year $102,908
-
15 · Other assets
beginning of year $138,277 · end of year $257,006
-
17 · Accounts payable and accrued expenses
end of year $27,440
-
25 · Other liabilities
beginning of year $135,516 · end of year $255,477
-
27 · Net assets without donor restrictions
beginning of year $2,035,260 · end of year $1,568,423
Mission and programs · 2023
Mission
ENDEAVOR MIAMI INC'S MISSION IS TO LEAD THE MOVEMENT TO CATALYZE LONG-TERM ECONOMIC GROWTH BY SELECTING, MENTORING, AND ACCELERATING THE BEST HIGH IMPACT ENTREPRENEURS IN THE SOUTH FLORIDA REGION. HIGH-IMPACT ENTREPRENEURS ARE INDIVIDUALS WHO SHOW TREMENDOUS ENTREPRENEURIAL AND LEADERSHIP POTENTIAL, CAN BUILD HIGH-GROWTH BUSINESSES WITH SIGNIFICANT JOB-CREATING OPPORTUNITIES AND EXHIBIT COMMITMENT TO THE DEVELOPMENT OF THEIR LOCAL COMMUNITY, WHICH BECOMES A KEY-DRIVER OF ECONOMIC GROWTH. ENDEAVOR WAS FOUNDED ON THE BELIEF THAT JOB CREATION, INNOVATION, AND OVERALL PROSPERITY FLOURISH WHERE THERE IS ROBUST SUPPORT FOR HIGH-IMPACT ENTREPRENEURS. ENDEAVOR MIAMI PROVIDES RESOURCES THAT ARE NOT OTHERWISE AVAILABLE IN ORDER TO SELECT HIGH-IMPACT ENTREPRENEURS, SO THAT THEY ARE ABLE TO SCALE THEIR BUSINESSES, INCREASE EMPLOYMENT OPPORTUNITIES AND PROVIDE A BASIS FOR SUSTAINED ECONOMIC GROWTH IN SOUTH FLORIDA.
-
DURING 2023, ENDEAVOR MIAMI REVIEWED CLOSE TO 300 CANDIDATE ENTREPRENEURS, COORDINATED MENTORS TO CONDUCT SECOND-OPINION REVIEWS WITH 17 COMPANIES, PREPARED 3 COMPANIES THAT PRESENTED AT LOCAL SELECTION PANELS AND SUPPORTED 4 COMPANIES TO PRESENT AT INTERNATIONAL SELECTION PANELS. THIS RESULTED IN 2 COMPANIES BEING SELECTED AS ENDEAVOR ENTREPRENEURS IN 2023. ENDEAVOR MIAMI SUPPORTED 35 ACTIVE COMPANIES, LED BY 60 ENDEAVOR ENTREPRENEURS. THESE ENTREPRENEURS GENERATED CLOSE TO 920 MILLION DOLLARS IN REVENUE, AND OVER 6,000 JOBS DURING 2023. ALSO, THROUGH OUR ACCELERATOR PROGRAMS, ENDEAVOR LAB AND SCALEUP PROGRAM WE HAVE SUPPORTED 164 COMPANIES GENERATING $240M IN REVENUES AND 2,330+ JOBS. IN 2023 WE PROVIDED SUPPORT TO OVER 50 COMPANIES, AND 66 FOUNDERS TO ACCELERATE THE GROWTH OF EARLIER-STAGE LOCAL COMPANIES AND THEREFORE CONTRIBUTE TO LOCAL JOB CREATION AND ECONOMIC GROWTH.
Expenses $1,412,285 · Revenue $53,486
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Abi MandelbaumABI MANDELBAUM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
Aj NahmadAJ NAHMAD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.4
-
Alberto BeeckALBERTO BEECK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.4
-
Anshu Agrawal MotwaANSHU AGRAWAL MOTWA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
Ernest BachrachERNEST BACHRACH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.4
-
Emiliano AbramzonEMILIANO ABRAMZON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.8
-
Jessica MindichJESSICA MINDICH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.4
-
Julia FiguelredoJULIA FIGUELREDO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.4
-
Matt HaggmanMATT HAGGMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
Maurice R Ferre MDMAURICE R FERRE MD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.2
-
Michael SimkinsMICHAEL SIMKINS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1
-
Raul MoasRAUL MOAS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1
-
Claudia DuranCLAUDIA DURAN
MANAGING DIRECTOR
- Total calculated
- $286,725
- From this org
- $286,725
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $286,725
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $286,725
-
Rebecca Negro RochaREBECCA NEGRO ROCHA
MANAGER GROWTH PROGRAMS
- Total calculated
- $110,000
- From this org
- $110,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 2 · Substantiation required before reimbursing expenses
- 3 · Compensation committee
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 14 August 2024
- IRS schema version
- 2023v5.1
- Source object
- 202412279349301311
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.