Egyptian-american Enterprise Fund is a 501(c)(3) organization based in New York, New York, registered in 2019, with $41,150,119 in FY2017 revenue. CharityIndex grades it A, and it directs about 95% of spending to programs.
Revenue (FY2017)
$41.2M
▼ 47.0% vs prior year
International median: $227K
Expenses (FY2017)
$8.2M
Net assets
$162.1M
Employees
4
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Egyptian-american Enterprise Fund: 95% to programs · $0 to raise $100 earns a A on this criterion. See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Egyptian-american Enterprise Fund: 239 mo reserves · +80% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Egyptian-american Enterprise Fund: 5 of 6 checks met earns a A on this criterion. See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Egyptian-american Enterprise Fund: 3 of 5 disclosure signals earns a B on this criterion. See the exact thresholds →
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To promote economic growth & employment in egypt through investment in medium-sized enterprises.
Revenue grew from $592K (FY2014) to $41.2M (FY2017) across 3 reported years.
Financial snapshot
Operating margin
80.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$169.8M
Total liabilities
$7.8M
Net assets
$162.1M
Salaries & benefits
$477K
6% of expenses
Board members
9
9 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2017 | $41,150,119▼47.0% | $8,154,014▲209% | $162,090,137▲116% | $169,845,703▲108% | 990 |
| 2015 | $77,693,849▲13025% | $2,635,475▲348% | $75,061,383▲2494462% | $81,671,478▲66613% | 990 |
| 2014 | $591,937 | $588,928 | $3,009 | $122,422 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Highest-paid: Amal Enan — $285,000 (3.50% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Amal Enan | Executive Director | 40 | $285,000 |
| Denver Cheng | Sr. Fin. Controller - Until 09/2017 | 40 | $41,667 |
| Nishan Seal | Senior Financial Controller | 40 | $26,250 |
| Daniel Zelikow | Director | 5 | — |
| Dr Hani Sarie El-din | Director | 5 | — |
| Hala El-mohandes | Director | 5 | — |
| Haydee Celaya | Director | 5 | — |
| Hythem T El-nazer | Vice Chairman | 5 | — |
| James A Harmon | Chairman | 10 | — |
| Nada Shousha | Director | 5 | — |
| Nadim El Gabbani | Director | 5 | — |
| Terek Abdel-meguid | Director | 5 | — |
| Contractor | Services | Paid |
|---|---|---|
| Lorax Capital Partners | Investment Management Services | $2,444,335 |
Explore more
Data for Egyptian-american Enterprise Fund (EIN 46-2236659) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.