Better Business Bureau Report for
Mentors International

Better Business Bureau Report issued September 2017
Better Business Bureau Report expires September 2019

This BBB Accredited charity meets all 20 Standards for Charity Accountability. Find out more...

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Charity Contact Information

Name: Mentors International
Address: 65 E Wadsworth Park Drive, Suite 207
  Draper , UT 84020
Phone: 801-676-7776
Web Address:
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Better Business Bureau Comments

Formerly known as:Enterprise Mentors International

Year, State Incorporated: 1990, Missouri
Affiliates: None
Stated Purpose: "to make a lasting difference in your life by helping you serve those in extreme poverty in a self-sustaining way through business training, character development, and financial services."

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Evaluation Conclusions


Mentors International (MI) meets the 20 Standards for Charity Accountability.
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Affiliate Support – provide logistical support, set efficiency standards to ensure partners are utilizing loaned and invested funds responsibly. Provide management and oversight. Supports opening new regions where Mentors can make an impact. Train affiliate staff and personnel how they can serve the poor more effectively. Grants – Issues grants to its partner affiliates to be used to cover business and character training, MFI Banking Software, and loan fund to help entrepreneurs. Education – Educate stakeholders about the challenges the impoverished face and how microcredit helps to lift poor entrepreneurs and their families out of poverty. Educate impoverished entrepreneurs and help them build their businesses with business and skills training.

For the fiscal year ended June 30, 2016, MI's program expenses were:

Program Services 1,894,556
Total Program Expenses: $1,894,556
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Chief Executive : Mark Petersen, President and CEO

Chair of the Board: Richard S. Tanner
Chair's Profession / Business Affiliation: Executive/Part Owner, Concero Connect

Board Size: 18

Paid Staff Size: 5

*Compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
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Fund Raising


Method(s) Used:

direct mail, invitations to fund raising events, grant proposals, internet
Fund raising costs were 2% of related contributions. (Related contributions, which totaled $1,938,378, are donations received as a result of fund raising activities.)
MI incurred joint costs of $703,008 for informational materials and activities that included fund raising materials. Of those costs $582,759 was allocated to program expenses, $29,527 was allocated to fund raising expenses, and $90,722 was allocated to administrative expenses.
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Tax Status


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.
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The following information is based on MI's audited financial statements for the fiscal year ended June 30, 2016.

Source of Funds  
Public Support 1,521,726
Special Events (net) 399,809
Affiliate Fees, Interest, Other 100,522
In Kind Donations 16,843
Gain on sale or disposal of prop & equip. 175
Total Income $2,039,075


Uses of Funds as a % of Total Expenses

Programs: 94%  Fund Raising: 1%  Administrative: 5% 

Total income $2,039,075
Program expenses $1,894,556
Fund raising expenses 29,527
Administrative expenses 101,125
Total expenses $2,025,208
Income in Excess of Expenses 13,867
Beginning net assets 47,889
Ending net assets 61,756
Total liabilities 831,537
Total assets $893,293

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