Endeavor Miami Inc

Organization Overview

Endeavor Miami Inc is located in Miami, FL. The organization was established in 2014. According to its NTEE Classification (S31) the organization is classified as: Urban & Community Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Endeavor Miami Inc employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Endeavor Miami Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Endeavor Miami Inc generated $1.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.4% each year . All expenses for the organization totaled $1.3m during the year ending 12/2021. While expenses have increased by 9.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

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.

Describe the Organization's Program Activity:

Part 3 - Line 4a

DURING 2021, ENDEAVOR MIAMI REVIEWED CLOSE TO 350 CANDIDATESENTREPRENEURS, COORDINATED MENTORS TO CONDUCT SECOND OPINION REVIEWS WITH 15 COMPANIES, PREPARED 5 COMPANIES WHICH PRESENTED AT LOCAL SELECTION PANELS, AND SUPPORTED 5 COMPANY TO PRESENT AT INTERNATIONAL SELECTION PANELS. THIS RESULTED IN 3 COMPANIES BEING SELECTED AS ENDEAVOR ENTREPRENEURS IN 2021.ENDEAVOR MIAMI SUPPORTED 20 ACTIVE COMPANIES, LED BY 37 ENDEAVOR ENTREPRENEURS. THESE ENTREPRENEURS GENERATED CLOSE TO $340 MILLION DOLLARS IN REVENUE, AND OVER 3,000 JOBS DURING 2021.ALSO, THROUGH OUR ACCELERATOR PROGRAMS, ENDEAVOR LAB AND SCALEUP, WE SUPPORTED 46 COMPANIES IN 2021.


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Board, Officers & Key Employees

Name (title)Compensation
Claudia Duran
Managing Director
$243,000
Ernest Bachrach
Co-Chairman
$0
Andres Moreno
Co-Chairman
$0
Sean Wolffington
Director
$0
Alberto Beeck
Director
$0
Aj Nahmad
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$1,661,688
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,661,688
Total Program Service Revenue$0
Investment income $532
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$49,005
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,752,588

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Endeavor Miami Inc has recieved totaling $124,420.

Awarding OrganizationAmount
The Miami Foundation Inc

Miami, FL

PURPOSE: PROGRAM SUPPORT

$85,000
Endeavor Global Inc

New York, NY

PURPOSE: SUPPORT ENTREPRENURSHIP IN REGION

$24,420
Schwab Charitable Fund

San Francisco, CA

PURPOSE: PUBLIC, SOCIETAL BENEFIT

$15,000
View Grant Recipient Profile

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