Unclassified
Nonprofit Enterprise And Self-Sustainability Team Inc
ST PETERSBURG, FL
Total revenue
$4.8M
Total expenses
$4.7M
Net assets
$6.5M
Grants received
$4.6M
31 grants
EIN
522018791
Tax year
2024
Mission
Nesst invests in social enterprises, using both grants and impact investments.
Programs
3 programs
Nesst provides capacity support and grants or recoverable grants through our acceleration programs to social enterprises in central eastern europe, notably in poland and romania, to help provide income-generation and employment opportunities to marginalized groups. Many of these groups are helping migrants, particularly from ukraine, or they are helping at risk women and youth gain critical job training to integrate into higher paying job opportunities.
Nesst through its impact investment funds provides more appropriate, patient capital and mezzanine debt to support social enterprises. In latin america, this investment is done through the lirio fund that focuses on helping vulnerable rural communities in the andes and amazon. In central eastern europe, this investment is done through the violet fund that focuses on s.m.e.s that adopt policies to support vulnerable populations including people from the lgbtqia+ community and migrants, particularly from ukraine.
Working with philanthropic support, nesst also works with other ecosystem players to organize forums and events to promote social entrepreneurship and encourage innovation among enterpreneurs, donors and policy makers to assist in making social enterprises more financially sustainable.
Financials
FY 2024
Revenue
Expenses
People
12 listed
KIRSTEN DUECK
CEO (THRU 4/25)
$187K
60 hrs/wk
NICOLE ETCHART
FOUNDER & SENIOR ADVISOR
$101K
60 hrs/wk
CHAD ADAM SACHS
CEO (EFF 4/25)
$68K
60 hrs/wk
NATHALIE FIGUEROA
SECRETARY
—
0.7 hrs/wk
DAVID YORK
BOARD MEMBER
—
0.6 hrs/wk
EDWIN GUTIERREZ
BOARD MEMBER
—
0.6 hrs/wk
GEOFFREY HAMLIN
BOARD MEMBER
—
0.6 hrs/wk
JOAMIR ALVES
BOARD MEMBER (THRU 12/24)
—
0.6 hrs/wk
NATASHA BUCHLER
BOARD MEMBER
—
0.6 hrs/wk
ISTVAN SZOKE
BOARD MEMBER
—
0.6 hrs/wk
BRIAN WARDROP
TREASURER (THRU 12/24)
—
0.7 hrs/wk
MERVYN DAVIES
CHAIR
—
0.7 hrs/wk
Grants received
Showing 31 of 31
Funded by
$4.6M from 12 funders · 31 grants · 2018–2024
$1.3M · 5 grants · 2019–2023
$915K · 5 grants · 2018–2023
$800K · 2 grants · 2023–2024
$600K · 3 grants · 2020–2023
$355K · 3 grants · 2020–2024
$275K · 2 grants · 2023–2024
$150K · 3 grants · 2022–2024
$125K · 1 grant · 2021