2007 Annual Survey of CAMEO Members
CAMEO conducted a survey of 65 nonprofit Micro- Enterprise Development Organizations (MDOs) in its membership, to determine level of services provided during 2006 and 2007. 45 or 69% of MDOs responded to the survey. Following are highlights that provide an overview of the Micro-Enterprise field in CA.
Clients Served:
These increases are due to substantial expansion into new regions by 26% of members responding to this survey.
Job Creation
Job creation by businesses served was reported as 4,700 jobs. Only 73% or 33 organizations responded to this question, because MDOs do not appear to track this impact consistently. When extrapolated to apply to the 14,500 businesses served, the number of jobs created is 6,590, in addition to the owner.
Gross Sales
Few organizations were able to answer this question, therefore no findings are reported. However, past surveys have revealed average sales of $50,000 per business served. Therefore, CAMEO estimates that $725 million in sales were generated by 14,500 businesses reported served.
Ethnicity
Following is the percentage of ethnicities being served in total. Figures were aggregated for the 45 organizations that responded to this question.
14% Caucasian
34% Latino/Hispanic
30% African American
18% Asian/Pacific Islander
1% South Asian, American Ind.,3% Other
While only 34 organizations are represented in this chart a total of 45 organizations answered this question. The remaining 11 organizations did not serve a majority of clients of one specific ethnicity. Here we see that 15 organizations had 50% or more of their clientele composed of Caucasians while 11 had 50% or more composed of Latinos. Only four organizations have a clientele that is 50% or more African American and another four organizations serve a clientele that is 50% or more Asian. However, by aggregating this information, a total of 19 – 56% of those reporting- organizations served 50% or more clients from minority groups, which is why the percentages reported above note the increased number of minority groups being served.
MDO Budgets
The average MDO program budget was $441,000 in 2006 and $543,000 in 2007, up 23%. This increase was reported only for Micro-Enterprise programs, many of which are housed within larger organizations.
Funding Sources
Foundations fund 74% of MDOs reporting
Government funds 74%
Corporations fund 52%
Individual donations fund 48%
Earned Income generated by 60%
The following chart was created to show the distribution of funding our members receive form different sources. A calculation was made using total $ figures.
Government Funding Analysis
CAMEO members reported a 22 % increase in funding from government sources from 2006 to 2007. This increase in government grants is due to expansion into new regions by 26% of the total members reporting. Otherwise government grants were generally at same level for both years reported.
Conclusion
Over a quarter of CAMEO member MDOs are growing at a steady rate, moving into underserved communities with training, technical assistance and lending programs. Some efficiencies are being realized, i.e., 29% increase in clients served with only a 23% increase in budgets. The average cost per client is $2,113, which is $1,000 less than the average reported by Aspen Institute’s national survey in 2005. It is obvious that more MDOs need to collect impact data on their clients. CAMEO will need to continue to build the capacity of its members in this area.