Civic Intelligence

Elmseed Enterprises Fund Inc

990EZ • Fiscal year 2015 • EIN 06-1624995

Aug 01, 2014 to Jul 31, 2015 • Filed on Oct 31, 2015

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.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

55th percentile

0.00x

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

8th percentile

-51%

Higher net margin than 8% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

31st percentile

-8.2%

Faster asset growth than 31% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

16th percentile

-31%

Faster revenue growth than 16% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets55th percentile

Assets

Down

$76,961

Down $6,897 (-8.2%) from 2014

Net Assets

Down

$76,961

Down $6,897 (-8.2%) from 2014

Liabilities

Flat

$0

Flat from 2014

Revenue And Expenses
Liabilities / Revenue55th percentileNet Margin8th percentile

Revenue

Down

$13,321

Down $6,072 (-31%) from 2014

Expenses

Up

$20,096

Up $8,677 (+76%) from 2014

Net Income

Down

-$6,775

Down $14,749 (-185%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth31st 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

2015

Assets$76,961
Liabilities$0
Net Assets$76,961
Open 2015 Filing

Operations Trend

Revenue Growth16th 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

2015

Revenue$13,321
Expenses$20,096
Net Income-$6,775
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Aug 1, 2014 to Jul 31, 2015
Signed
Oct 31, 2015
Return Version
2014v5.0
Gross Receipts
$13,321
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 2 loans to members of the New Haven Community. We ran the Entrepreneurship Development Course in both English and Spanish four times this year.$0$0
Compensation and Service Providers
Top Officer Pay75th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
David ChiChief Executive OfficerPT$0--
Nicholas FriedlanderChief Operating OfficerPT$0--
Daniel BondChief Financial OfficerPT$0--
Filing and Contact Details

Filer

Filer Name
Elmseed Enterprises Fund Inc
EIN
06-1624995
Phone
2039031737
Address
PO BOX 207148, New Haven, CT 06520

Signing Officer

Name
Daniel Bond
Title
CFO
Phone
2039031737
Signed
2015-10-31
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 8

“Discounts given to us by Quickbooks after payment was already made.”

Form 990-EZ, Part I, Line 16

“Description;Amount^Bad Debt Expense;2859|Bank Fees;33|Conference Expenses;4734|Credit Reporting Fees;357|Dues and Subscriptions;520|EDC Expenses;91|Loan Related Fees;720|Networking Event Expenses;581|Transportation Expenses;202|Web Services Expenses;1333|Safety Deposit Box Fee;125^Total;11555^”

Form 990-EZ, Part I, Line 20

“Other Expenses”

Form 990-EZ, Part II, Line 24

“Loan Portfolio Receivable”

Raw XML Appendix173 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
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BenefitsPaidToOrForMembersAmt00
IRS990EZ/BooksInCareOfDetail/PersonNm0Daniel Bond
IRS990EZ/BooksInCareOfDetail/PhoneNum02039934122
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 207148
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0New Haven
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CT
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd006520
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt065048
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt060091
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt012151
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-6775
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt08183
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form1120PolFiledInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt083858
IRS990EZ/Form990TotalAssetsGrp/EOYAmt076961
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GamingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt013321
IRS990EZ/GrossSalesOfInventoryAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt013
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt083858
IRS990EZ/NetAssetsOrFundBalancesEOYAmt076961
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt083858
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt076961
IRS990EZ/OccupancyRentUtltsAndMaintAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt020
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt120
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt210
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0David Chi
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Nicholas Friedlander
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/BOYAmt018810
IRS990EZ/OtherAssetsTotalDetail/EOYAmt016870
IRS990EZ/OtherChangesInNetAssetsAmt0-122
IRS990EZ/OtherExpensesTotalAmt011555
IRS990EZ/OtherRevenueTotalAmt022
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/PrintingPublicationsPostageAmt0358
IRS990EZ/ProgramServiceRevenueAmt01135
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Served over 100 clients this fiscal year and disbursed 2 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/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
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/TotalExpensesAmt020096
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt013321
IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt012151
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt018729
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt022056
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt045010
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt013118
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0111064
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0750
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0665
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt07423
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0978
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt02285
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt012101
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.90175
IRS990ScheduleA/PublicSupportPY170Pct00.90788
IRS990ScheduleA/PublicSupportTotal170Amt0111064
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt012151
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt018729
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt022056
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt045010
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt013118
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0111064
IRS990ScheduleA/TotalSupportAmt0123165
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/ExplanationTxt0Discounts given to us by Quickbooks after payment was already made.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description;Amount^Bad Debt Expense;2859|Bank Fees;33|Conference Expenses;4734|Credit Reporting Fees;357|Dues and Subscriptions;520|EDC Expenses;91|Loan Related Fees;720|Networking Event Expenses;581|Transportation Expenses;202|Web Services Expenses;1333|Safety Deposit Box Fee;125^Total;11555^
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Loan Portfolio Receivable
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part II, Line 24
ReturnHeader/BuildTS02016-04-25 22:37:26Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Daniel Bond
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CFO
ReturnHeader/BusinessOfficerGrp/PhoneNum02039031737
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-10-31
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ELMSEED ENTERPRISES FUND INC
ReturnHeader/Filer/BusinessNameControlTxt0ELMS
ReturnHeader/Filer/EIN0061624995
ReturnHeader/Filer/PhoneNum02039031737
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 207148
ReturnHeader/Filer/USAddress/CityNm0New Haven
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CT
ReturnHeader/Filer/USAddress/ZIPCd006520
ReturnHeader/ReturnTs02015-11-01T13:29:36-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-08-01
ReturnHeader/TaxPeriodEndDt02015-07-31
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$76,961
Liabilities
$0
Net assets
$76,961
Revenue
$13,321
Expenses
$20,096
Net income
-$6,775
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