EGYPTIAN-AMERICAN ENTERPRISE FUND Charity Report

Public IRS 990 nonprofit record

EGYPTIAN-AMERICAN ENTERPRISE FUND

EIN 46-2236659 · International Academic Exchange (Q22)

What they do

THE EGYPTIAN-AMERICAN ENTERPRISE FUNDS (THE FUND) MISSION is to INVEST IN PRIVATE ENTERPRISES IN EGYPT, CONTRIBUTING to LONG-TERM INCLUSIVE and SUSTAINABLE ECONOMIC GROWTH. THE FUND DEPLOYS CAPITAL ON A PROFIT-SEEKING BASIS, WITH DUE REGARD to SOCIETAL BENEFITS IN EGYPT.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $94.80 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2017The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders12 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

18.79%of revenue went to mission work94.8% of expenses · Program services

$19.82spent for every $100 of revenueRevenue covered expenses this year.

1.03%of revenue went to management and office costs5.2% of expenses

$20.83in assets for every $1 spent this yearSome assets cannot be spent right away.

100.0%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $296,361 for AMAL ENAN (EXECUTIVE DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2017

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$41,150,119

Mission workProgram services$7,730,66218.79% of revenue94.8% of expenses

ManagementOffice and general costs$423,3521.03% of revenue5.2% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$32,996,10580.18% of revenueShown in gray on the chart

Total expenses$8,154,01419.82% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Money in and money out

Revenue$41,150,119

Expenses$8,154,014

Annual surplus $32,996,105 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$7,730,662 · 94.8% of expenses

Management and office costs$423,352 · 5.2% of expenses

See all reported dollar amounts

Revenue$41,150,119

Expenses$8,154,014

Assets$169,845,703

Income$41,150,119

Contributions$41,150,119

Mission work (program services)$7,730,662

Management and general$423,352

Executive compensation (total)$369,015

Accounting fees$133,886

Investing fees$7,195,184

People

Leadership and board

Tax year 2017

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

AMAL ENANEXECUTIVE DIRECTOR · 40 hrs/week $296,361Base $285,000 · Other $11,361

DENVER CHENGSR. FIN. CONTROLLER - UNTIL 09/2017 · 40 hrs/week $44,498Base $41,667 · Other $2,831

NISHAN SEALSENIOR FINANCIAL CONTROLLER · 40 hrs/week $28,156Base $26,250 · Other $1,906

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (12)

AMAL ENANEXECUTIVE DIRECTOR

DENVER CHENGSR. FIN. CONTROLLER - UNTIL 09/2017

NISHAN SEALSENIOR FINANCIAL CONTROLLER

DR HANI SARIE EL-DINDIRECTOR

DANIEL ZELIKOWDIRECTOR

HALA EL-MOHANDESDIRECTOR

HAYDEE CELAYADIRECTOR

HYTHEM T EL-NAZERVICE CHAIRMAN

JAMES A HARMONCHAIRMAN

NADA SHOUSHADIRECTOR

NADIM EL GABBANIDIRECTOR

TEREK ABDEL-MEGUIDDIRECTOR

About this charity

Recognized since: January 2019
Location: 888 7TH AVE 16TH FLR, NEW YORK, NY 10106-0001
County: New York
In care of: % AMAL ENAN
Primary officer: NISHAN SEAL, SENIOR FINANCIAL CONTROLLER

How to reach them

WebsiteVisit the charity’s website Emaileaef@eaefund.org Phone(212) 994-9819

Filing and classification

Latest tax year: 2017
Tax period began: January 1, 2017
Return type: 990
Tax preparer: RAFFA PC
NTEE classification: International Academic Exchange (Q22)
IRS tax category: International Academic Exchange