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CHARITY REVIEW
Issued: February 2025 Expires: February 2027

Willenium Enterprise Foundation

Accredited Charity
Accredited Charity

Meets Standards

3401 Dixie Highway
Louisville, KY, 40216

Standards For Charity Accountability

Governance

  1. Board Oversight
  2. Board Size
  3. Board Meetings
  4. Board Compensation
  5. Conflict of Interest

Measuring Effectiveness

  1. Effectiveness Policy
  2. Effectiveness Report

Finances

  1. Program Expenses
  2. Fundraising Expenses
  3. Accumulating Funds
  4. Audit Report
  5. Detailed Expense Breakdown
  6. Accurate Expense Reporting
  7. Budget Plan

Fundraising & Info

  1. Truthful Materials
  2. Annual Report
  3. Website Disclosures
  4. Donor Privacy
  5. Cause Marketing Disclosures
  6. Complaints

Willenium Enterprise Foundation meets the 20 Standards for Charity Accountability.

Stated Purpose:
To provide equitable services to families that need sustainable careers, education, mental health, youth prevention, childcare, expungement, and wealth-building assistance.

Year, State Incorporated:
2021, KY

Willenium Enterprise Foundation provides a variety of program and services. It provides mental health counseling, case management, and peer support services for youth and adults. Its wealth building programs include youth and adult education on topics such as financial literacy, credit/credit restoration, budgeting, future planning, saving, mortgage, and student loans/ loan consolidation. Its Youth Prevention programing includes in-school and community-based programs that can be a one-time or multiple-day program (based on need), as well as a summer program. Programs focus on youth leadership development, substance use and violence prevention, and resiliency training. Its Expungement programming helps adults who need assistance with filing expungement. It also helps these adults apply for quality employment/ promotion and move towards a more financially sustainable lifestyle. The Foundation also encourages adults to register to vote.

For the year ended December 31, 2023, Willenium Enterprise Foundation's program expenses were:

Program services $89,654
Total Program Expenses $89,654

Chief Executive
Kris Pitts, CEO

Chair of the Board
Ms. Adrienne McKinney

Chair's Profession / Business Affiliation
Retired Military

Board Size
8

Paid Staff Size
2

Method(s) Used:
Direct mail appeals, Invitations to fund raising events, Television, Radio, Grant proposals, Planned giving arrangements, Membership appeals, Appeals via Social Media (Facebook, etc.)

In addition, Willenium Enterprise Foundation is a Metro United Way funded agency.% of Related Contributions on Fundraising: 0.00%

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.

The following information is based on Willenium Enterprise Foundation's IRS Form 990-EZ for the year ended December 31, 2023.

Source of Funds
Contributions, gifts, grants $98,789
Total Income $98,789

Programs: 96% Fundraising: 0% Administrative: 4%

Total Income $98,789
Total expenses: $93,692
  Program expenses $89,654
  Fundraising expenses $0
  Administrative expenses $4,038
  Other expenses $0
Income in Excess of Expenses $5,097
Beginning Net Assets $2,436
Other Changes In Net Assets $0
Ending Net Assets $7,533
Total Liabilities $0
Total Assets $7,533
The above financial information is from both Willenium Enterprise Foundation's FY2023 990-EZ and its internal financial statements.

An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.

This report is not to be used for fundraising or promotional purposes.

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Report completed by:
BBB serving Greater Kentucky and South Central Indiana