Civic Intelligence

Elmseed Enterprises Fund Inc

990EZ • Fiscal year 2014 • EIN 06-1624995

Aug 01, 2013 to Jul 31, 2014 • Filed on Nov 14, 2014

Organization Profile
PO Box 207148New Haven, CT 06520

(203) 903-1737

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

89th percentile

41%

Higher net margin than 89% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

37th percentile

-3.6%

Faster asset growth than 37% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

36th percentile

-7.4%

Faster revenue growth than 36% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets55th percentile

Assets

Down

$83,858

Down $3,094 (-3.6%) from 2013

Net Assets

Down

$83,858

Down $3,094 (-3.6%) from 2013

Liabilities

Flat

$0

Flat from 2013

Revenue And Expenses
Liabilities / Revenue55th percentileNet Margin89th percentile

Revenue

Down

$19,393

Down $1,557 (-7.4%) from 2013

Expenses

Down

$11,419

Down $4,438 (-28%) from 2013

Net Income

Up

$7,974

Up $2,881 (+57%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth37th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$100K$50K$0Assets 2011: $48,720Liabilities 2011: $0Net Assets 2011: $48,7202011Assets 2012: $81,859Liabilities 2012: $0Net Assets 2012: $81,8592012Assets 2013: $86,952Liabilities 2013: $0Net Assets 2013: $86,9522013Assets 2014: $83,858Liabilities 2014: $0Net Assets 2014: $83,8582014Assets 2015: $76,961Liabilities 2015: $0Net Assets 2015: $76,9612015Assets 2016: $70,665Liabilities 2016: $02016Assets 2018: $46,310Liabilities 2018: $02018

Highlighted filing

2014

Assets$83,858
Liabilities$0
Net Assets$83,858
Open 2014 Filing

Operations Trend

Revenue Growth36th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$60K$40K$20K$0-$20KRevenue 2011: $13,351Expenses 2011: $11,181Net Income 2011: $2,1702011Revenue 2012: $45,988Expenses 2012: $15,007Net Income 2012: $30,9812012Revenue 2013: $20,950Expenses 2013: $15,857Net Income 2013: $5,0932013Revenue 2014: $19,393Expenses 2014: $11,419Net Income 2014: $7,9742014Revenue 2015: $13,321Expenses 2015: $20,096Net Income 2015: -$6,7752015Revenue 2016: $6,633Expenses 2016: $12,912Net Income 2016: -$6,2792016Revenue 2018: $17Expenses 2018: $9,083Net Income 2018: -$9,0662018

Highlighted filing

2014

Revenue$19,393
Expenses$11,419
Net Income$7,974
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Aug 1, 2013 to Jul 31, 2014
Signed
Nov 14, 2014
Return Version
2013v3.0
Gross Receipts
$19,393
Mission and Program Overview

Mission

The Elmseed Enterprise Fund is a microcredit organization that provides small loans, technical assistance, and a network of peer support to low income entrepreneurs. By helping individuals start or expand their small businesses with others who share their entrepreneurial spirit, we strive to cultivate the social capital of New Haven, lay groundwork for upward social mobility and foster new business communities.

Program Services

DescriptionGrantsExpenses
Served over 100 clients this fiscal year and disbursed 3 loans to members of the New Haven Community. We ran the Entrepreneurship Development Course in both English and Spanish four times this year.$7,000$1,205
Compensation and Service Providers
Top Officer Pay74th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jadon MonteroChief Executive OfficerPT$0--
Andrew CordovaChief Operating OfficerPT$0--
Daniel BondChief Financial OfficerPT$0--
Filing and Contact Details

Filer

EIN
06-1624995
Phone
2039031737

Signing Officer

Name
Daniel Bond
Title
CFO
Phone
2039031737
Signed
2014-11-14
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16

“Administrative fees = 924, bank fees = 361.94, Credit reporting fees = 475, Dues and Subscriptions = 600, Loan Related Fees = 1016.12, Safe Box = 125, Web Services = 1365.61”

Form 990-EZ, Part I, Line 20

“Correction of Accounting Errors”

Form 990-EZ, Part II, Line 24

“Loan Receivable Account”

Raw XML Appendix175 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990EZ/BenefitsPaidToOrForMembersAmt00
IRS990EZ/BooksInCareOfDetail/PersonNm0Daniel Bond
IRS990EZ/BooksInCareOfDetail/PhoneNum02039934122
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine10PO BOX 207148
IRS990EZ/BooksInCareOfDetail/USAddress/City0New Haven
IRS990EZ/BooksInCareOfDetail/USAddress/State0CT
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCode006520
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt067379
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt065048
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt018712
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
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IRS990EZ/ExcessOrDeficitForYearAmt07974
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt04011
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
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IRS990EZ/Form990TotalAssetsGrp/EOYAmt083858
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GamingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt019393
IRS990EZ/GrossSalesOfInventoryAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt024
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt078685
IRS990EZ/NetAssetsOrFundBalancesEOYAmt083858
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt078685
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt083858
IRS990EZ/OccupancyRentUtltsAndMaintAmt01450
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt020
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt120
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt210
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Jadon Montero
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Andrew Cordova
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Daniel Bond
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Chief Executive Officer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Chief Operating Officer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Chief Financial Officer
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt011306
IRS990EZ/OtherAssetsTotalDetail/EOYAmt018810
IRS990EZ/OtherChangesInNetAssetsAmt0-2801
IRS990EZ/OtherExpensesTotalAmt04868
IRS990EZ/OtherRevenueTotalAmt00
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0The Elmseed Enterprise Fund is a microcredit organization that provides small loans, technical assistance, and a network of peer support to low income entrepreneurs. By helping individuals start or expand their small businesses with others who share their entrepreneurial spirit, we strive to cultivate the social capital of New Haven, lay groundwork for upward social mobility and foster new business communities.
IRS990EZ/PrintingPublicationsPostageAmt01090
IRS990EZ/ProgramServiceRevenueAmt0657
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Served over 100 clients this fiscal year and disbursed 3 loans to members of the New Haven Community. We ran the Entrepreneurship Development Course in both English and Spanish four times this year.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt07000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt01205
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt00
IRS990EZ/SaleOfAssetsGrossAmt00
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CT
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt011419
IRS990EZ/TotalProgramServiceExpensesAmt01205
IRS990EZ/TotalRevenueAmt019393
IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt018729
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt022056
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt045010
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt013118
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt016906
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0115819
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0665
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt07423
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0978
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt02285
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0401
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt011752
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.90788
IRS990ScheduleA/PublicSupportPY170Pct00.91541
IRS990ScheduleA/PublicSupportTotal170Amt0115819
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt018729
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt022056
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt045010
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt013118
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt016906
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0115819
IRS990ScheduleA/TotalSupportAmt0127571
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Administrative fees = 924, bank fees = 361.94, Credit reporting fees = 475, Dues and Subscriptions = 600, Loan Related Fees = 1016.12, Safe Box = 125, Web Services = 1365.61
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Correction of Accounting Errors
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Loan Receivable Account
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part II, Line 24
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Daniel Bond
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CFO
ReturnHeader/BusinessOfficerGrp/PhoneNum02039031737
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine10ELMSEED ENTERPRISES FUND INC
ReturnHeader/Filer/BusinessNameControlTxt0ELMS
ReturnHeader/Filer/EIN0061624995
ReturnHeader/Filer/PhoneNum02039031737
ReturnHeader/Filer/USAddress/AddressLine10PO BOX 207148
ReturnHeader/Filer/USAddress/City0New Haven
ReturnHeader/Filer/USAddress/State0CT
ReturnHeader/Filer/USAddress/ZIPCode006520
ReturnHeader/ReturnTs02014-11-14T13:15:43-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02013-08-01
ReturnHeader/TaxPeriodEndDt02014-07-31
ReturnHeader/TaxYr02013

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$83,858
Liabilities
$0
Net assets
$83,858
Revenue
$19,393
Expenses
$11,419
Net income
$7,974
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2018Summary only. Only limited summary data is available for this year.$46.3$0.00$0.02$9.08$9.07
2016Summary only. Only limited summary data is available for this year.$70.7$0.00$6.63$12.9$6.28
2015Detailed filing. Detailed filing data is available for this year.$77.0$0.00$77.0$13.3$20.1$6.78
2014Detailed filing. Detailed filing data is available for this year.$83.9$0.00$83.9$19.4$11.4$7.97
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$87.0$0.00$87.0$21.0$15.9$5.09
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$81.9$0.00$81.9$46.0$15.0$31.0
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$48.7$0.00$48.7$13.4$11.2$2.17
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2014 filings • 501(c)3 • <$500k nonprofits