2022-11-14T15:58:48-06:00 2021-12-31 366055558 GRANT THORNTON LLP 757 THIRD AVENUE 3RD FLOOR NEW YORK NY 100172013 990 2021-01-01 133931449 ENDEAVOR GLOBAL INC (F/K/A THE ENDEAVOR INITIATIVE INC) ENDE 2123523200 28 LIBERTY STREET 53RD FLOOR NEW YORK NY 10005 MARGARITA CHAVEZ CHIEF FINANCIAL OFFICER 2123523200 2022-11-14 1 MARGARITA CHAVEZ XXX-XX-XXXX SCOTT THOMPSETT P00741490 2125990100 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z LINDA ROTTENBERG 28 LIBERTY STREET 53RD FLOOR NEW YORK NY 10005 22563846 0 X WWW.ENDEAVOR.ORG X 1997 DE ENDEAVOR IS LEADING THE HIGH-IMPACT ENTREPRENEURSHIP MOVEMENT AROUND THE WORLD. 10 9 63 9 0 0 7674789 22023808 525290 305638 990 -36576 -345812 -53246 7855257 22239624 694262 5171718 0 0 4967569 5369044 0 0 440217 1607884 2150601 7269715 12691363 585542 9548261 9575949 17758887 2072736 1264765 7503213 16494122 X SEE SCHEDULE O 0 0 7001420 5171718 305638 SEE SCHEDULE O 1893420 SEE SCHEDULE O 884929 SEE SCHEDULE O 1036154 ENDEAVOR INSIGHT - EXPENSES: $295,108LAUNCHED IN 2009, ENDEAVOR INSIGHT IS ENDEAVOR'S RESEARCH TEAM. ENDEAVOR INSIGHT SEEKS TO DEEPEN UNDERSTANDING OF HOW HIGH-IMPACT ENTREPRENEURS AND SCALE-UPS CONTRIBUTE TO JOB CREATION AND LONG-TERM ECONOMIC GROWTH IN ORDER TO EDUCATE KEY CONSTITUENCIES, SUCH AS POLICY MAKERS. IN ADDITION, ENDEAVOR INSIGHT SEEKS TO SERVE AS A KNOWLEDGE CENTER FOR HIGH-IMPACT ENTREPRENEURS, VENTURE CAPITALISTS AND OTHERS IN ORDER TO PROVIDE USEFUL INFORMATION AND TOOLS THAT ASSIST ENTREPRENEURS AS THEY GROW THEIR BUSINESSES.NEW COUNTRY EXPANSION - EXPENSES: $741,046ENDEAVOR BELIEVES THAT BUILDING STRONG LOCAL OFFICES IS THE BEST WAY TO ENSURE SCALABLE AND LONG-TERM SUCCESS. THIS MODEL PLACES CO-OWNERSHIP OF THE ENDEAVOR BRAND AND LEAD RESPONSIBILITY FOR PROGRAM EXECUTION ON THE LOCAL OR AFFILIATE OFFICE. MOREOVER, A LOCAL PRESENCE ENABLES THE ORGANIZATION TO RAISE FUNDS FROM LOCAL COUNTRY BENEFACTORS AND LOCAL SOURCES TO SUSTAIN LOCAL OPERATIONS. UNTIL THE POINT AT WHICH AN AFFILIATE OFFICE IS LEGALIZED AS A SEPARATE, INDEPENDENT ENTITY AND HAS ESTABLISHED A BOARD OF DIRECTORS, ENDEAVOR INCURS ALL START-UP AND DEVELOPMENT COSTS. 1036154 10815923 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 0 1 1 1 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 1 20 0 1 63 1 0 0 0 0 0 1 1 0 0 0 0 1 0 X 10 9 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 CA NY X MARGARITA CHAVEZ 2123523200 28 LIBERTY STREET 53RD FLOOR NEW YORK NY 10005 X LINDA ROTTENBERG CEO & CO-FOUNDER 7.00 38.00 X X 1079800 0 65802 EDGAR BRONFMAN JR DIRECTOR & CHAIRMAN 2.00 0.00 X 0 0 0 JASON GREEN DIRECTOR & TREASURER 2.00 0.00 X 0 0 0 NICK BEIM DIRECTOR & SECRETARY 2.00 0.00 X 0 0 0 JAVIER OLIVAN DIRECTOR 2.00 0.00 X 0 0 0 MATT HARRIS DIRECTOR 2.00 0.00 X 0 0 0 NICOLAS SZEKASY DIRECTOR 2.00 0.00 X 0 0 0 REID HOFFMAN DIRECTOR 2.00 0.00 X 0 0 0 SHU NYATTA DIRECTOR (AS OF 01/2021) 2.00 0.00 X 0 0 0 VERONICA SERRA DIRECTOR 2.00 0.00 X 0 0 0 WILLIAM FORD DIRECTOR (THRU 01/2021) 2.00 0.00 X 0 0 0 ADRIAN GARCIA-ARANYOS PRESIDENT 29.00 16.00 X 623230 0 54381 MARGARITA CHAVEZ CHIEF FINANCIAL OFFICER 23.00 22.00 X 259437 0 24789 JOANNA HARRIES SVP, EXPANSION 29.00 16.00 X 460450 0 36127 SANTIAGO MURO FONNEGRA VP, DEVELOPMENT 45.00 0.00 X 270000 0 53381 CARMEN V FELIZ VP, ESG 32.00 13.00 X 213750 0 24589 ALLEN TAYLOR MANAGING DIRECTOR 1.00 44.00 X 492500 0 28401 JACLYN CARMEL MANAGING DIRECTOR 1.00 44.00 X 247500 0 35361 PETER BENEDETTO DIRECTOR, EXPANSION 29.00 16.00 X 213750 0 24589 NATHAN T COHEN DIRECTOR, PEOPLE & PRODUCT 23.00 22.00 X 193667 0 52620 BIANCA MARTINELLI - SVP PPL CULTURE & PERFORMANCE (THRU 06/2021) 45.00 0.00 X 179500 0 14724 4233584 0 414764 22 0 1 0 GRANT THORNTON LLP 445 BROAD HOLLOW ROAD SUITE 300 MELVILLE NY 11747 AUDIT & TAX 167312 WIDE EYE CREATIVE LLC 7002 POPLAR AVENUE TAKOMA PARK MD 20912 WEBSITE DEVELOPMENT 162000 ROCKETLAUNCH DIGITAL LLC 2320 PONCE DE LEON CORAL GABLES FL 33134 SOFTWARE CONSULTANT 119000 3 977496 15858489 918477 4269346 129391 22023808 PROGRAM EVENTS 900099 305638 305638 305638 440 440 162793 179758 20051 -16965 -20051 -37016 -37016 48000 977496 124413 -76413 -76413 FELLOWSHIP INCOME 900099 23167 23167 23167 22239624 305638 0 -89822 309131 309131 3067 3067 4859520 4859520 3165736 2366830 594282 204624 1493192 1116370 280307 96515 142118 106253 26679 9186 304622 227747 57185 19690 263376 196910 49442 17024 45789 21254 24535 97072 97072 274540 251382 18744 4414 73446 54912 13787 4747 231919 173390 43538 14991 319218 238660 59925 20633 369352 276142 69336 23874 107260 80192 20135 6933 65507 48976 12297 4234 154924 115827 29083 10014 51639 38607 9694 3338 EDUCATIONAL COURSE EXP. 330753 330753 EXCISE TAX EXPENSE 29182 29182 12691363 10815923 1435223 440217 5046853 9595249 2485580 3001393 1061668 626642 112723 826089 1879038 1195825 408712 683213 460413 3026301 9575949 17758887 731605 642333 79583 436000 1261548 186432 2072736 1264765 X 6507478 16314957 995735 179165 7503213 16494122 9575949 17758887 X 9548261 -557352 X 0 1 X 1 0 X 7497132 8704474 8794893 7674789 22023808 54695096 7497132 8704474 8794893 7674789 22023808 54695096 21422423 33272673 5659 135295 5294 931 440 147619 243663 637686 184145 67394 71167 1204055 56046770 2847759 0.59370 0.83140 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: INCOME FROM FUNDRAISING - 2017 AMOUNT: $ 152,500. 2018 AMOUNT: $ 637,686. 2019 AMOUNT: $ 118,200. 2020 AMOUNT: $ 30,000. 2021 AMOUNT: $ 48,000. OTHER INCOME - 2017 AMOUNT: $ 91,163. 2019 AMOUNT: $ 25,785. 2020 AMOUNT: $ 18,526. FELLOWSHIP INCOME - 2019 AMOUNT: $ 40,160. 2020 AMOUNT: $ 18,868. 2021 AMOUNT: $ 23,167. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 25000 25000 25000 25000 25000 25000 25000 25000 25000 25000 1.00000 0 0 93756 1151 92605 227947 184182 43765 1557335 1010492 546843 683213 DUE FROM AFFILIATED ENTITIES 3026301 3026301 DEFERRED RENT 186432 186432 X PART V, LINE 4: INTENDED USE OF ENDOWMENT FUNDS PERMANENTLY RESTRICTED NET ASSETS REPRESENT CONTRIBUTIONS RECEIVED IN PRIOR YEARS FOR THE ESTABLISHMENT OF AN ENDOWMENT FOR ENDEAVOR'S GLOBAL INITIATIVE FUND. PART X, LINE 2: ASC 740 FOOTNOTE ENDEAVOR GLOBAL FOLLOWS GUIDANCE THAT CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, INCLUDING ISSUES RELATING TO FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT. THIS GUIDANCE PROVIDES THAT THE TAX EFFECTS FROM AN UNCERTAIN TAX POSITION CAN ONLY BE RECOGNIZED IN THE COMBINED FINANCIAL STATEMENTS IF THE POSITION IS "MORE LIKELY THAN NOT" TO BE SUSTAINED IF THE POSITION WERE TO BE CHALLENGED BY A TAXING AUTHORITY. THE ASSESSMENT OF THE TAX POSITION IS BASED SOLELY ON THE TECHNICAL MERITS OF THE POSITION, WITHOUT REGARD TO THE LIKELIHOOD THAT THE TAX POSITION MAY BE CHALLENGED. ENDEAVOR IS EXEMPT FROM FEDERAL INCOME TAX UNDER INTERNAL REVENUE CODE ("IRC") SECTION 501(C)(3), THOUGH IS SUBJECT TO TAX ON INCOME UNRELATED TO ITS RESPECTIVE EXEMPT PURPOSE, UNLESS THAT INCOME IS OTHERWISE EXCLUDED BY THE IRC. ENDEAVOR GLOBAL HAS PROCESSES PRESENTLY IN PLACE TO ENSURE THE MAINTENANCE OF ITS TAX-EXEMPT STATUS; TO IDENTIFY AND REPORT UNRELATED BUSINESS INCOME; TO DETERMINE ITS FILING AND TAX OBLIGATIONS IN JURISDICTIONS FOR WHICH IT HAS NEXUS; AND TO IDENTIFY AND EVALUATE OTHER MATTERS THAT MAY BE CONSIDERED TAX POSITIONS. ENDEAVOR GLOBAL HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE COMBINED FINANCIAL STATEMENTS. IN ADDITION, ENDEAVOR GLOBAL HAS NOT RECORDED A PROVISION FOR INCOME TAXES AS IT HAS NO MATERIAL TAX LIABILITY FROM UNRELATED BUSINESS INCOME ACTIVITIES. 1 EAST ASIA AND THE PACIFIC 0 0 GRANTMAKING 336289 EUROPE (INCLUDING ICELAND AND GREENLAND) 0 0 GRANTMAKING 1408330 MIDDLE EAST AND NORTH AFRICA 0 0 GRANTMAKING 1256889 NORTH AMERICA 0 0 GRANTMAKING 428926 SOUTH AMERICA 0 0 GRANTMAKING 1296382 SUB-SAHARAN AFRICA 0 0 GRANTMAKING 132704 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES ESG 1737 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES ESG 14791 NORTH AMERICA 0 0 PROGRAM SERVICES ESG 11202 SOUTH AMERICA 0 0 PROGRAM SERVICES ESG 17823 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES EXPANSION 513580 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES EXPANSION 20847 MIDDLE EAST AND NORTH AFRICA 0 0 PROGRAM SERVICES EXPANSION 6951 NORTH AMERICA 0 0 PROGRAM SERVICES EXPANSION 26328 SOUTH ASIA 0 0 PROGRAM SERVICES EXPANSION 12261 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES INSIGHT 51376 NORTH AMERICA 0 0 PROGRAM SERVICES INSIGHT 30000 SOUTH ASIA 0 0 PROGRAM SERVICES INSIGHT 40000 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES PARTNERSHIP & NETWORKS 85154 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES PARTNERSHIP & NETWORKS 1800 MIDDLE EAST AND NORTH AFRICA 0 0 PROGRAM SERVICES PARTNERSHIP & NETWORKS 1153 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 FUNDRAISING 320 MIDDLE EAST AND NORTH AFRICA 0 0 FUNDRAISING 3775 NORTH AMERICA 0 0 FUNDRAISING 212 SOUTH AMERICA 0 0 FUNDRAISING 323 0 0 0 0 0 0 4876048 823105 5699153 SOUTH AMERICA SUPPORT ENTREPRENURSHIP IN REGION 425197 WIRE 0 SOUTH AMERICA SUPPORT ENTREPRENURSHIP IN REGION 408678 WIRE 0 EUROPE SUPPORT ENTREPRENURSHIP IN REGION 84760 WIRE 0 SOUTH AMERICA SUPPORT ENTREPRENURSHIP IN REGION 135836 WIRE 0 SOUTH AMERICA SUPPORT ENTREPRENURSHIP IN REGION 145554 WIRE 0 SOUTH AMERICA SUPPORT ENTREPRENURSHIP IN REGION 62318 WIRE 0 MIDDLE EAST AND NORTH AFRICA SUPPORT ENTREPRENURSHIP IN REGION 12901 WIRE 0 EUROPE SUPPORT ENTREPRENURSHIP IN REGION 6800 WIRE 0 EAST ASIA AND THE PACIFIC SUPPORT ENTREPRENURSHIP IN REGION 141414 WIRE 0 EUROPE SUPPORT ENTREPRENURSHIP IN REGION 333233 WIRE 0 EAST ASIA AND THE PACIFIC SUPPORT ENTREPRENURSHIP IN REGION 15881 WIRE 0 MIDDLE EAST AND NORTH AFRICA SUPPORT ENTREPRENURSHIP IN REGION 292803 WIRE 0 SUB-SAHARAN AFRICA SUPPORT ENTREPRENURSHIP IN REGION 30881 WIRE 0 MIDDLE EAST AND NORTH AFRICA SUPPORT ENTREPRENURSHIP IN REGION 266075 WIRE 0 EAST ASIA AND THE PACIFIC SUPPORT ENTREPRENURSHIP IN REGION 129409 WIRE 0 NORTH AMERICA SUPPORT ENTREPRENURSHIP IN REGION 428865 WIRE 0 MIDDLE EAST AND NORTH AFRICA SUPPORT ENTREPRENURSHIP IN REGION 12642 WIRE 0 SUB-SAHARAN AFRICA SUPPORT ENTREPRENURSHIP IN REGION 61414 WIRE 0 SOUTH AMERICA SUPPORT ENTREPRENURSHIP IN REGION 57056 WIRE 0 EAST ASIA AND THE PACIFIC SUPPORT ENTREPRENURSHIP IN REGION 49283 WIRE 0 EUROPE SUPPORT ENTREPRENURSHIP IN REGION 47553 WIRE 0 MIDDLE EAST AND NORTH AFRICA SUPPORT ENTREPRENURSHIP IN REGION 277748 WIRE 0 SUB-SAHARAN AFRICA SUPPORT ENTREPRENURSHIP IN REGION 40409 WIRE 0 EUROPE SUPPORT ENTREPRENURSHIP IN REGION 196026 WIRE 0 MIDDLE EAST AND NORTH AFRICA SUPPORT ENTREPRENURSHIP IN REGION 14350 WIRE 0 EUROPE SUPPORT ENTREPRENURSHIP IN REGION 739053 WIRE 0 MIDDLE EAST AND NORTH AFRICA SUPPORT ENTREPRENURSHIP IN REGION 380369 WIRE 0 SOUTH AMERICA SUPPORT ENTREPRENURSHIP IN REGION 61743 WIRE 0 0 28 0 0 1 0 0 1 PART I, LINE 2: ENDEAVOR RECEIVES ANNUAL AUDIT REPORTS FROM EACH GRANTEE (ALL GRANTEES ARE CONNECTED TO ENDEAVOR GLOBAL THROUGH AFFILIATE AGREEMENTS, SIGNED LEGAL DOCUMENTS SIMILAR TO "FRANCHISE' AGREEMENTS). ENDEAVOR TRACKS AFFILIATE FINANCIALS THROUGH QUARTERLY REVIEWS AND PERFORMANCE/IMPACT MEASUREMENT THROUGH AN ON-LINE CRM TOOL (SALESFORCE.COM). INDIVIDUAL GRANT FUNDS ARE DISTRIBUTED TO RECIPIENTS PER MILESTONES SET BY THEIR MANAGERS. EACH GRANT RECIPIENT PARTICIPATES IN A MID-YEAR REVIEW AND WORKS CLOSELY WITH MID & SENIOR-LEVEL MANAGERS TO TRACK PERFORMANCE. PART III ACCOUNTING METHOD: GALA 1025496 977496 48000 98225 26188 1025496 977496 48000 98225 26188 124413 -76413 1 ENDEAVOR LOUISVILLE 552 E MARKET ST 2ND FLR LOUISVILLE KY 40202 473170808 501(C)(3) 97476 0 SUPPORT ENTREPRENURSHIP IN REGION ENDEAVOR DETROIT 6001 CASS AVENUE SUITE 03-130 DETROIT MI 48202 472312721 501(C)(3) 92310 0 SUPPORT ENTREPRENURSHIP IN REGION ENDEAVOR ATLANTA 255 EAST PACES FERY ATLANTA GA 30305 814406875 501(C)(3) 53746 0 SUPPORT ENTREPRENURSHIP IN REGION ENDEAVOR COLORADO 3575 RINGSBY CT SUITE 324 DENVER CO 80216 843123596 501(C)(3) 38161 0 SUPPORT ENTREPRENURSHIP IN REGION ENDEAVOR MIAMI 396 ALHAMBRA CIRCLE SUITE 202 CORAL GABLES FL 33134 463605872 501(C)(3) 24420 0 SUPPORT ENTREPRENURSHIP IN REGION 5 FELLOWSHIP STIPEND 1 3067 PART I, LINE 2: ENDEAVOR RECEIVES ANNUAL FINANCIAL REPORTS FROM EACH GRANTEE (ALL GRANTEES ARE CONNECTED TO ENDEAVOR GLOBAL THROUGH AFFILIATE AGREEMENTS, SIGNED LEGAL DOCUMENTS SIMILAR TO "FRANCHISE" AGREEMENTS). ENDEAVOR TRACKS AFFILIATE FINANCIALS THROUGH ANNUAL REVIEW AND PERFORMANCE/IMPACT MEASUREMENT THROUGH AN ON-LINE CRM TOOL (SALESFORCE.COM). INDIVIDUAL GRANT FUNDS ARE DISTRIBUTED TO RECIPIENTS PER MILESTONES SET BY THEIR MANAGERS. EACH GRANT RECIPIENT PARTICIPATES IN A MID-YEAR REVIEW AND WORKS CLOSELY WITH MID & SENIOR-LEVEL MANAGERS TO TRACK PERFORMANCE. 1 X X X X X 0 0 0 0 0 0 0 1 0 LINDA ROTTENBERG CEO & CO-FOUNDER 696000 0 383800 0 0 0 14500 0 51302 0 1145602 0 0 0 ADRIAN GARCIA-ARANYOS PRESIDENT 483730 0 139500 0 0 0 14500 0 39881 0 677611 0 0 0 ALLEN TAYLOR MANAGING DIRECTOR 315000 0 177500 0 0 0 14500 0 13901 0 520901 0 0 0 JOANNA HARRIES SVP, EXPANSION 267000 0 193450 0 0 0 12238 0 23889 0 496577 0 0 0 SANTIAGO MURO FONNEGRA VP, DEVELOPMENT 217500 0 52500 0 0 0 13500 0 39881 0 323381 0 0 0 MARGARITA CHAVEZ CHIEF FINANCIAL OFFICER 217437 0 42000 0 0 0 10888 0 13901 0 284226 0 0 0 JACLYN CARMEL MANAGING DIRECTOR 207500 0 40000 0 0 0 12375 0 22986 0 282861 0 0 0 NATHAN T COHEN DIRECTOR, PEOPLE & PRODUCT 161667 0 32000 0 0 0 9683 0 42937 0 246287 0 0 0 CARMEN V FELIZ VP, ESG 172500 0 41250 0 0 0 10688 0 13901 0 238339 0 0 0 PETER BENEDETTO DIRECTOR, EXPANSION 172500 0 41250 0 0 0 10688 0 13901 0 238339 0 0 0 BIANCA MARTINELLI - SVP PPL CULTURE & PERFORMANCE (THRU 06/2021) 115000 0 64500 0 0 0 8975 0 5749 0 194224 0 0 0 FORM 990, SCHEDULE J, COMPENSATION: VARIOUS INDIVIDUALS REPORTED ON THE ENDEAVOR GLOBAL FORM 990 PROVIDE SERVICES TO A RELATED ORGANIZATION, ENDEAVOR CATALYST, INC. ALL COMPENSATION IS BEING REPORTED AS HAVING BEEN PAID BY ENDEAVOR GLOBAL AS IT PROVIDED THE W-2 TO THE EMPLOYEES. IN THE INTEREST OF CLARITY, ENDEAVOR GLOBAL, INC. IS DISCLOSING THE FOLLOWING SALARY AND BENEFITS AMOUNTS AS HAVING BEEN REIMBURSED TO ENDEAVOR GLOBAL, INC. BY ENDEAVOR CATALYST, INC FOR SERVICES RENDERED TO ENDEAVOR CATALYST. SALARY BENEFITS LINDA ROTTENBERG $32,394 $1,974 ALLEN TAYLOR $18,469 $1,065 JACKLYN CARMEL $3,712 $530 MARGARITA CHAVEZ $9,729 $929 FORM 990, SCHEDULE J, PART I, LINE 7: ENDEAVOR GLOBAL PROVIDED BONUSES TO BOTH THE EXECUTIVE STAFF AND TO THOSE EMPLOYEES WHO MET OBJECTIVE PERFORMANCE BASED GOALS IN CALENDAR YEAR 2021. BONUSES FOR THE EXECUTIVE STAFF ARE DETERMINED AND APPROVED BY THE BOARD OF DIRECTORS. THE EXECUTIVE STAFF IS AUTHORIZED TO RECOMMEND THE BONUSES FOR THE EMPLOYEE POOL, WHICH ARE THEN APPROVED BY THE COMPENSATION COMMITTEE. X 3 129391 FMV 0 0 1 0 PART I, COLUMN (B): NUMBER OF CONTRIBUTIONS THE AMOUNT REPORTED IN SCHEDULE M, PART I, COLUMN (B) REPRESENTS THE NUMBER OF DONORS WHO CONTRIBUTED PUBLICLY TRADED SECURITIES TO ENDEAVOR GLOBAL, INC. DURING THE YEAR. GENERAL STATEMENT REGARDING THE IMPACT OF COVID-19: THE COVID-19 PANDEMIC, WHOSE EFFECTS FIRST BECAME KNOWN IN JANUARY 2020, HAS CAUSED ECONOMIC INTERRUPTIONS THROUGH MANDATED AND VOLUNTARY CLOSINGS OF BUSINESSES AND ORGANIZATIONS THROUGHOUT THE UNITED STATES. THE EXTENT OF THE IMPACT OF COVID-19 ON THE ORGANIZATION'S OPERATIONAL AND FINANCIAL PERFORMANCE WILL DEPEND ON CERTAIN DEVELOPMENTS, INCLUDING THE DURATION AND SPREAD OF THE OUTBREAK AND ITS IMPACT ON THE ORGANIZATION'S DONORS, EMPLOYEES, AND VENDORS, ALL OF WHICH AT PRESENT CANNOT BE FULLY DETERMINED. ACCORDINGLY, THE EXTENT TO WHICH COVID-19 MAY IMPACT THE ORGANIZATION'S FINANCIAL POSITION AND CHANGES IN NET ASSETS AND CASH FLOWS IS UNCERTAIN AND THE ACCOMPANYING COMBINED FINANCIAL STATEMENTS INCLUDE NO ADJUSTMENTS RELATING TO THE EFFECTS OF THIS PANDEMIC. TO HELP SUSTAIN ITSELF DURING THE ECONOMIC DISRUPTION WROUGHT BY THE PANDEMIC, THE ORGANIZATION SOUGHT ECONOMIC ASSISTANCE FROM THE GOVERNMENT. THE PAYCHECK PROTECTION PROGRAM ESTABLISHED BY THE CARES ACT PROVIDES SMALL BUSINESSES WITH FUNDS TO PAY UP TO 24 WEEKS OF CERTAIN NECESSARY EXPENDITURES, INCLUDING PAYROLL COSTS, RENT, AND UTILITIES. ENDEAVOR RECEIVED A PAYCHECK PROTECTION PROGRAM FORGIVABLE LOAN OF $918,477 AND RECEIVED FULL FORGIVENESS OF THE LOAN IN MARCH OF 2021 AS IT MET ALL OF THE CRITERIA REQUIRED BY THE SMALL BUSINESS ADMINISTRATION TO OBTAIN FORGIVENESS. THE LOAN HAS BEEN REPORTED AS GOVERNMENTAL GRANT REVENUE ON THIS YEAR'S 2021 FORM 990. FORM 990, PART III, LINE 1 ENDEAVOR GLOBAL, INC. ("ENDEAVOR"), A NOT-FOR-PROFIT ORGANIZATION IS LEADING THE HIGH-IMPACT ENTREPRENEURSHIP MOVEMENT AROUND THE WORLD. WITH THE SUPPORT OF AN UNRIVALED NETWORK OF SEASONED BUSINESS LEADERS, ENDEAVOR WORKS TO CATALYZE LONG-TERM ECONOMIC GROWTH BY SELECTING, MENTORING, AND ACCELERATING THE BEST HIGH IMPACT ENTREPRENEURS WORLDWIDE. ENDEAVOR SUPPORTS HIGH-IMPACT ENTREPRENEURS SO THAT THEY CAN BUILD THRIVING COMPANIES THAT EMPLOY THOUSANDS OF PEOPLE, GENERATE BILLIONS IN WAGES, AND INSPIRE COUNTLESS OTHERS AS ROLE MODELS. TOGETHER, THESE ENTREPRENEURS HOLD THE KEY TO SUSTAINED ECONOMIC GROWTH IN EVERY PART OF THE WORLD. THROUGH A RIGOROUS, MULTI-STEP SELECTION PROCESS, ENDEAVOR ANNUALLY SCREENS THOUSANDS OF ENTREPRENEURS FROM AROUND THE WORLD TO IDENTIFY THOSE WITH THE BEST TALENT AND POTENTIAL FOR IMPACT. ENDEAVOR GLOBAL IS THE HEADQUARTERS OF AN ORGANIZATION WITH AFFILIATES IN ARGENTINA, ATLANTA, BRAZIL, BULGARIA, CANADA, CHILE, COLOMBIA, COLORADO, DETROIT, ECUADOR, EGYPT, GREECE, INDONESIA, IRELAND, ITALY, JAPAN, JORDAN, KENYA, LEBANON, LOUISVILLE, MALAYSIA, MEXICO, MIAMI, MOROCCO, NW ARKANSAS, NIGERIA, PERU, THE PHILIPPINES, PUERTO RICO, ROMANIA, SAUDI ARABIA, SOUTH AFRICA, SPAIN, TUNISIA, TURKEY, UAE, URUGUAY, WESTERN NEW YORK, AND VIETNAM. ENDEAVOR TRANSFORMS EMERGING MARKETS BY ESTABLISHING HIGH-IMPACT ENTREPRENEURSHIP AS THE LEADING FORCE FOR SUSTAINABLE ECONOMIC DEVELOPMENT. FORM 990, PART III, LINE 4A PARTNERSHIPS AND NETWORKS THE PARTNERSHIPS AND NETWORKS TEAM IS FOCUSED ON BUILDING A WORLD-CLASS COMMUNITY OF CHIEF EXECUTIVE OFFICERS, BUSINESS LEADERS, INVESTORS, AND ACADEMIA TO MENTOR AND SUPPORT CATALYST'S PORTFOLIO OF HIGH-IMPACT ENTREPRENEURS. CURRENT ACTIVITIES INCLUDE: ENGAGING A U.S.-BASED MENTOR NETWORK; LEADING THE CATALYST INVESTOR NETWORK OF LEADING VENTURE CAPITAL FIRMS; BUILDING OUT A CORPORATE NETWORK OF TOP GLOBAL COMPANIES THAT ARE INTERESTED IN EMERGING AND GROWTH MARKETS; AND INVEST WITH THE GOAL TO GENERATE LONG-TERM COMPETITIVE FINANCIAL RETURNS AND POSITIVE SOCIETAL IMPACT BY PROVIDING SUPPORT TO OUR NETWORK IN A SUSTAINABLE MANNER. ENDEAVOR PROVIDES OPPORTUNITIES FOR BOTH STAFF MEMBERS AND KEY ENDEAVOR ENTREPRENEURS TO DISCUSS WITH WORLD-CLASS PHILANTHROPISTS AND SOCIALLY RESPONSIBLE CORPORATE LEADERS WAYS TO GIVE BACK TO THE COMMUNITY ON A PERSONAL AND PROFESSIONAL LEVEL. ENDEAVOR ENCOURAGES ALL OF ITS DONORS NOT JUST TO CONTRIBUTE FINANCIALLY, BUT ALSO TO DONATE THEIR TIME TO MENTORING ENTREPRENEURS AND TO PUSHING FORWARD THE CAUSE OF ECONOMIC DEVELOPMENT IN EMERGING MARKETS. EACH NOVEMBER, ENDEAVOR HOSTS A GALA EVENT TO HIGHLIGHT THE SOCIAL AND PHILANTHROPIC CONTRIBUTIONS OF ITS ENTREPRENEURS AND NETWORK MEMBERS. ENDEAVOR ENTREPRENEURS ARE ALSO SPEARHEADING THE LAUNCH OF AFFILIATE-OFFICE ENDOWMENTS AND/OR LOCAL-COUNTRY ENTREPRENEUR GIVE-BACK PROGRAMS TO HELP BUILD SELF-SUSTAINING ENDEAVOR OPERATIONS FOR FUTURE GENERATIONS OF ENTREPRENEURS. FORM 990, PART III, LINE 4B ENTREPRENEUR SELECTION AND GROWTH (ESG): WORKING WITH A NETWORK OF LOCAL BUSINESS LEADERS, ENDEAVOR IDENTIFIES AND SCREENS THOUSANDS OF ENTREPRENEUR CANDIDATES RUNNING HIGH-GROWTH BUSINESSES. SEVERAL TIMES EACH YEAR, AN INTERNATIONAL SELECTION PANEL OF EXPERIENCED BUSINESS PROFESSIONALS GATHER TO ELECT A NEW CLASS OF ENDEAVOR ENTREPRENEURS - THOSE INDIVIDUALS WHO DEMONSTRATE FULFILLMENT OF A SPECIFIC SET OF VALUES AND CONDITIONS THAT MATCH THE ORGANIZATION'S EXPECTATIONS AND GOALS. ONCE SELECTED, ENDEAVOR PROVIDES HIGH-IMPACT ENTREPRENEURS CUSTOMIZED SERVICES TO MEET THEIR SPECIFIC CHALLENGES. ENDEAVOR'S SERVICES INCLUDE CONNECTING ENDEAVOR ENTREPRENEURS WITH LOCAL AND GLOBAL MENTORS, MANAGERIAL TALENT FROM BLUE-CHIP COMPANIES AND TOP BUSINESS SCHOOLS, ACCESS TO DIFFICULT-TO-PENETRATE NETWORKS AND SEVERAL NEW TARGETED SERVICES FOR COMPANIES SEEKING VENTURE CAPITAL/PRIVATE EQUITY AND/OR COMPANIES IN LATER GROWTH STAGES. AT THE SAME TIME, ENDEAVOR HAS BUILT A PEER NETWORK OF ENTREPRENEURS WHO PROVIDE A STRONG, SUPPORTIVE COMMUNITY TO FACE ANY CHALLENGE. UPON THE ISSUE OF THIS RETURN, ENDEAVOR SUPPORTED 2,262 ENTREPRENEURS FROM OVER 1,405 COMPANIES ACROSS 40 GROWTH MARKETS. FORM 990, PART III, LINE 4C ENDEAVOR COMMUNITY ENDEAVOR COMMUNITY'S PURPOSE IS TO ALLOW EVERY ENTREPRENEUR IN THE NETWORK TO FULFILL THEIR FULL POTENTIAL IN CREATING JOBS AND DRIVING INNOVATION IN THEIR MARKET. TO SUPPORT THIS, ENDEAVOR DELIVERS AN ARRAY OF SERVICES; WE PUT THEM IN FRONT OF THE BEST MENTORS IN THE WORLD; CURATE COMMUNITIES WHERE THEY CAN, WITH COMPLETE VULNERABILITY, DISCUSS THEIR ANXIETIES AND ASPIRATIONS; OFFER ENTREPRENEURS EXCLUSIVE LEARNING PROGRAMS AND A LOT MORE. TO MAKE THE MOST OF EVERY CONNECTION AND TO CONTINUOUSLY PROVIDE RELEVANT SUPPORTIVE SERVICES TO THE NETWORK, ENDEAVOR GATHERS DATA THOUGH ITS PROPRIETARY INTRANET AND, WHERE APPROPRIATE, THROUGH ITS WEBSITE, HTTP://WWW.ENDEAVOR.ORG. ENDEAVOR CODIFIES THE COLLECTED INFORMATION AND TRANSFERS THE KNOWLEDGE, BEST PRACTICES, AND LESSONS LEARNED TO ITS 40 MARKETS. ENDEAVOR IS IN THE PROCESS OF DEVELOPING A SOCIAL NETWORKING SITE THAT WILL CONNECT ENTREPRENEURS, BOARD MEMBERS, STAFF, VOLUNTEERS AND NETWORK MEMBERS AROUND THE WORLD. ENDEAVOR COMMUNITY WAS PREVIOUSLY KNOWN AS ENDEAVOR NET. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 REVIEW PROCESS THE FORM 990 IS PREPARED BY AN INTERNATIONAL ACCOUNTING FIRM IN CONJUNCTION WITH THE ORGANIZATION'S FINANCIAL DEPARTMENT. THE FINANCIAL INFORMATION USED TO PREPARE THE FORM 990 HAS BEEN INDEPENDENTLY AUDITED, AND THE AUDITED FINANCIAL STATEMENTS ARE REVIEWED BY THE BOARD'S FINANCE COMMITTEE. FURTHER, THE 990 DRAFT FILING IS REVIEWED BY THE VICE PRESIDENT, FINANCE FOR ACCURACY PRIOR TO SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY MONITORING & ENFORCEMENT ANNUALLY, ENDEAVOR REQUIRES THAT ALL BOARD MEMBERS, OFFICERS AND KEY EMPLOYEES RECEIVE, READ/UNDERSTAND AND SIGN A CONFLICT OF INTEREST POLICY STATEMENT IN WHICH ANY/ALL POTENTIAL CONFLICTS ARE NOTED. FURTHER, ALL INDIVIDUALS AFFIRM THAT HE/SHE UNDERSTANDS ENDEAVOR'S CHARITABLE PURPOSE AND THAT DISCLOSURE IS AN IMPERATIVE CONDITION UNDER WHICH ONE MAY SERVE ON THE BOARD OF DIRECTORS OR AS AN OFFICER OR KEY EMPLOYEE. THE SIGNED CONFLICT OF INTEREST STATEMENTS ARE REVIEWED BY THE SENIOR VP, FINANCE AND DISCUSSED WITH THE CEO. ANY CONFLICTS OR POTENTIAL CONFLICTS ARE BROUGHT TO THE ATTENTION OF THE BOARD OF DIRECTORS AND DEALT WITH APPROPRIATELY. IF A CONFLICT ARISES, THE INDIVIDUAL AFFECTED WILL RECUSE HIMSELF/HERSELF FROM PARTICIPATING IN THE DELIBERATION AND DECISION MAKING RELATED TO THE TRANSACTION. ENDEAVOR ALSO ENGAGES IN PERIODIC REVIEWS TO ENSURE THAT COMPENSATION/BENEFITS ARE REASONABLE AND THAT PARTNERSHIPS, JOINT-VENTURES, CONTRACTS AND OTHER ARRANGEMENTS WITH THIRD-PARTY ORGANIZATIONS, FIRMS OR ENTITIES CONFORM TO ENDEAVOR'S WRITTEN POLICIES, INCLUDING THE CONFLICT OF INTEREST POLICY. ENDEAVOR USES OUTSIDE, THIRD-PARTY ADVISORS, EXPERTS AND OTHER PROFESSIONALS. THESE THIRD-PARTIES INCLUDE BUT ARE NOT LIMITED TO, HR CONSULTANTS, EXECUTIVE RECRUITING FIRMS, LAW FIRMS, ETC. FORM 990, PART VI, SECTION B, LINE 15 PROCESS FOR DETERMINING COMPENSATION SALARIES ARE DECIDED UPON BY THE COMPENSATION COMMITTEE, MARKET DATA AND AN INDEPENDENT, THIRD-PARTY HR FIRM, WHICH PROVIDES COMPREHENSIVE MARKET DATA AND COMPENSATION ANALYSIS. THE COMPENSATION STUDY COVERS ALL EXECUTIVE TEAM SALARIES. THE LAST STUDY WAS CONDUCTED IN 2020. IN THE INTERIM YEARS, SALARY INCREASES ARE DISCUSSED WITH THE HR FIRM TO ENSURE THAT THEY ARE REASONABLE AND IN LINE WITH CURRENT COMPENSATION RANGES. THE FINANCE COMMITTEE AND ULTIMATELY THE ENTIRE BOARD OF DIRECTORS, RATIFIES THE ANNUAL BUDGET, WHICH INCLUDES DEPARTMENT AND AGGREGATE PERSONNEL LINES. FORM 990, PART VI, SECTION C, LINE 19 HOW DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC ENDEAVOR'S FINANCIAL STATEMENTS AND FORM 1023 DOCUMENTS ARE ALL AVAILABLE VIA THE ORGANIZATION'S WEBSITE. FURTHER, AUDITED FINANCIAL STATEMENTS ARE MADE AVAILABLE IN SUMMARY FORM IN ENDEAVOR'S ANNUAL REPORT. THESE DOCUMENTS ARE ALSO MADE AVAILABLE ON PUBLIC WEBSITES (EG, GUIDESTAR) AND UPON REQUEST, ENDEAVOR WILL MAKE COPIES OF ALL THESE, THE FORM 990, GOVERNING DOCUMENTS AND THE CONFLICT OF INTEREST POLICY AVAILABLE TO THE GENERAL PUBLIC FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). FORM 990, PART VII, SECTION A: THE ORGANIZATION, IN A FULL TRANSPARENCY POSTURE TO REPORTING, IS REPORTING ALL BENEFITS IN FULL IN PART VII, COLUMN F AND NOT APPLYING THE $10,000 PER ITEM EXCEPTION FOR CERTAIN BENEFITS. FORM 990, PART XI, LINE 9: WRITE-OFF OF UNCOLLECTIBLE PLEDGE -557,352. ENDEAVOR CATALYST INC 28 LIBERTY STREET 53RD FLOOR NEW YORK NY 10005 453590743 SUPPORTING ORG. OF ENDEAVOR GLOBAL, INC. DE 501(C)(3) LINE 12A, I ENDEAVOR GLOBAL INC 1 ENDEAVOR CATALYST I LP 28 LIBERTY STREET 53RD FLOOR NEW YORK NY 10005 463223819 CO-INVEST IN ENDEAVOR ENTREPRENEURS DE CATALYST GP LLC EXCLUDED 0 0 ENDEAVOR CATALYST IDB SIDE CAR LP 28 LIBERTY STREET 53RD FLOOR NEW YORK NY 10005 474762695 CO-INVEST IN ENDEAVOR ENTREPRENEURS DE CATALYST GP LLC EXCLUDED 0 0 ENDEAVOR CATALYST II LP 28 LIBERTY STREET 53RD FLOOR NEW YORK NY 10005 814429273 CO-INVEST IN ENDEAVOR ENTREPRENEURS DE CATALYST GP II EXCLUDED 0 0 ENDEAVOR CATALYST II-A LP 28 LIBERTY STREET 53RD FLOOR NEW YORK NY 10005 814770835 CO-INVEST IN ENDEAVOR ENTREPRENEURS DE CATALYST GP II EXCLUDED 0 0 ENDEAVOR CATALYST III LP 28 LIBERTY STREET 53RD FLOOR NEW YORK NY 10005 371037670 CO-INVEST IN ENDEAVOR ENTREPRENEURS DE CATALYST GP III EXCLUDED 0 0 ENDV TRADING ASIA PTE LTD 80 RAFFLES PLACE 25-01 UOB PLAZA SN 048624 SUPPORT NETWORKS OF HIGH IMPACT ENTREPRENEURS SN ENDEAVOR GLOBAL INC C 1.00000 1 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 ENDEAVOR CATALYST INC B 15858489 FMV ENDEAVOR CATALYST INC O 82167 FMV ENDEAVOR CATALYST I LP O 113027 FMV ENDEAVOR CATALYST II LP N 186518 FMV ENDEAVOR CATALYST II LP O 877898 FMV ENDEAVOR CATALYST III LP N 380494 FMV ENDEAVOR CATALYST III LP O 1879299 FMV ENDEAVOR CATALYST III LP Q 85989 FMV SCHEDULE R, PART III: ENDEAVOR GLOBAL'S OWNERSHIP OF THE PARTNERSHIPS REPORTED IN SCHEDULE R, PART III, IS VIA AN INTERMEDIARY NOT-FOR-PROFIT SUPPORTING ORGANIZATION, ENDEAVOR CATALYST, INC. ALL PARTNERSHIP INCOME AND ASSETS ARE REPORTED ON THE FORM 990 OF THE DIRECT CONTROLLING ENTITY, ENDEAVOR CATALYST, INC. ALL REPORTED ENTITIES ARE COLLECTIVELY GOVERNED BY A SINGLE COMMON BOARD OF DIRECTORS.