Civic Intelligence

Trf Enterprise Fund Inc.

990EZ • Fiscal year 2014 • EIN 23-3010796

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 12, 2015

1700 Market Street 19th FloorPhiladelphia, PA 19103

(215) 574-5800

Siviq Scores

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

Liabilities / Assets

88th percentile

0.48x

Higher debt load relative to assets than 88% of similar nonprofits.

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

Liabilities / Revenue

99th percentile

8.57x

Higher debt load relative to revenue than 99% of similar nonprofits.

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

Net Margin

27th percentile

-6.7%

Higher net margin than 27% 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

25th percentile

-13%

Faster asset growth than 25% of similar nonprofits.

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

Revenue Growth

13th percentile

-37%

Faster revenue growth than 13% of similar nonprofits.

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

Assets

Down

$206,122

Down $31,502 (-13%) from 2013

Net Assets

Down

$108,031

Down $764 (-0.7%) from 2013

Liabilities

Down

$98,091

Down $30,738 (-24%) from 2013

Revenue

Down

$11,452

Down $6,719 (-37%) from 2013

Expenses

Down

$12,216

Down $20,953 (-63%) from 2013

Net Income

Up

-$764

Up $14,234 (+95%) from 2013

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2010: $731,850Liabilities 2010: $639,755Net Assets 2010: $92,0952010Assets 2011: $288,227Liabilities 2011: $189,698Net Assets 2011: $98,5292011Assets 2012: $288,391Liabilities 2012: $164,598Net Assets 2012: $123,7932012Assets 2013: $237,624Liabilities 2013: $128,829Net Assets 2013: $108,7952013Assets 2014: $206,122Liabilities 2014: $98,091Net Assets 2014: $108,0312014Assets 2015: $144,995Liabilities 2015: $39,131Net Assets 2015: $105,8642015Assets 2016: $130,630Liabilities 2016: $29,238Net Assets 2016: $101,3922016Assets 2017: $122,689Liabilities 2017: $24,422Net Assets 2017: $98,2672017Assets 2018: $108,601Liabilities 2018: $12,271Net Assets 2018: $96,3302018Assets 2019: $81,838Liabilities 2019: $0Net Assets 2019: $81,8382019Assets 2020: $10,373,987Liabilities 2020: $10,000,000Net Assets 2020: $373,9872020Assets 2021: $126,663Liabilities 2021: $0Net Assets 2021: $126,6632021Assets 2022: $119,355Liabilities 2022: $0Net Assets 2022: $119,3552022Assets 2023: $116,810Liabilities 2023: $0Net Assets 2023: $116,8102023Assets 2024: $113,449Liabilities 2024: $0Net Assets 2024: $113,4492024

Highlighted filing

2014

Assets$206,122
Liabilities$98,091
Net Assets$108,031

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2010: $85,7692010Revenue 2011: $172,809Expenses 2011: $200,432Net Income 2011: -$27,6232011Expenses 2012: $36,9242012Revenue 2013: $18,171Expenses 2013: $33,169Net Income 2013: -$14,9982013Revenue 2014: $11,452Expenses 2014: $12,216Net Income 2014: -$7642014Revenue 2015: $195,937Expenses 2015: $198,104Net Income 2015: -$2,1672015Revenue 2016: $7,542Expenses 2016: $12,014Net Income 2016: -$4,4722016Revenue 2017: $6,594Expenses 2017: $9,719Net Income 2017: -$3,1252017Revenue 2018: $6,113Expenses 2018: $8,050Net Income 2018: -$1,9372018Revenue 2019: $30,521Expenses 2019: $5,013Net Income 2019: $25,5082019Revenue 2020: $161,853Expenses 2020: $319,704Net Income 2020: -$157,8512020Revenue 2021: $529,614Expenses 2021: $6,938Net Income 2021: $522,6762021Revenue 2022: $609Expenses 2022: $7,917Net Income 2022: -$7,3082022Revenue 2023: $239Expenses 2023: $2,784Net Income 2023: -$2,5452023Revenue 2024: $0Expenses 2024: $3,361Net Income 2024: -$3,3612024

Highlighted filing

2014

Revenue$11,452
Expenses$12,216
Net Income-$764
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 12, 2015
Return Version
2014v5.0
Gross Receipts
$11,452
Mission and Program Overview

Mission

Provides urban-based entrepreneurs access to credit that they currently do not have, which in turn will increase services and job opportunities to under-served communities and provide ownership and wealth opportunities, especially to minority and female entrepreneurs.

Program Services

DescriptionGrantsExpenses
PROVIDED FINANCING AND TECHNICAL ASSISTANCE TO URBAN-BASED ENTREPRENEURS$0$12,216
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DONALD HINKLE-BROWNPresident-$0--
MICHAEL M CRISTTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Trf Enterprise Fund Inc
EIN
23-3010796
Phone
2155745800
Address
1700 MARKET STREET 19TH FLOOR, PHILADELPHIA, PA 19103

Signing Officer

Name
Michael M Crist
Title
Evp, CFO & Treasurer
Phone
2155745800
Signed
2015-11-12
Discuss with paid preparer
Yes

Preparer

Firm
Rsm US Llp
Address
751 ARBOR WAY SUITE 200, BLUE BELL, PA 19422
Preparer
Christopher M Pekula
Phone
2156418600
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8 - Other Revenue

Description: interest on loans. Amount: 6,419. Description: provision for loan loss. Amount: 5,033. Total to form 990-ez, line 8: 11,452.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: taxes. Amount: 125. Description: registration fees. Amount: 1,316. Description: loan servicing fees. Amount: 485. Description: bank fees. Amount: 2,008. Description: interest expense. Amount: 4,552. Description: loss form calcellation of debt. Amount: 3,459. Total to form 990-ez, line 16: 11,945.

Form 990-ez, Part II, Line 24 - Other Assets

Description: notes and loans receivable. Beg. Of year amount: 172,795. End of year amount: 144,951. Description: interest receivable. Beg. Of year amount: 0. End of year amount: 192.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: accounts payable. Beg. Of year amount: 1,192. End of year amount: 0. Description: due to affiliates. Beg. Of year amount: 127,637. End of year amount: 98,091.

Raw XML Appendix145 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/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0MICHAEL M CRIST
IRS990EZ/BooksInCareOfDetail/PhoneNum02155745800
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01700 MARKET STREET 19TH FLOOR
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0PHILADELPHIA
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0PA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd019103
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt064829
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt060979
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-764
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0271
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0237624
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0206122
IRS990EZ/GrossReceiptsAmt011452
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0108795
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0108031
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0108795
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0108031
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0DONALD HINKLE-BROWN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1MICHAEL M CRIST
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0172795
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0145143
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt011945
IRS990EZ/OtherRevenueTotalAmt011452
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0PROVIDES URBAN-BASED ENTREPRENEURS ACCESS TO CREDIT THAT THEY CURRENTLY DO NOT HAVE, WHICH IN TURN WILL INCREASE SERVICES AND JOB OPPORTUNITIES TO UNDER-SERVED COMMUNITIES AND PROVIDE OWNERSHIP AND WEALTH OPPORTUNITIES, ESPECIALLY TO MINORITY AND FEMALE ENTREPRENEURS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDED FINANCING AND TECHNICAL ASSISTANCE TO URBAN-BASED ENTREPRENEURS
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt012216
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0128829
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt098091
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt012216
IRS990EZ/TotalProgramServiceExpensesAmt012216
IRS990EZ/TotalRevenueAmt011452
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/IRSWrittenDeterminationInd0X
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0232331946
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeDesc07
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0THE REINVESTMENT FUND INC
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST ON LOANS. AMOUNT: 6,419. DESCRIPTION: PROVISION FOR LOAN LOSS. AMOUNT: 5,033. TOTAL TO FORM 990-EZ, LINE 8: 11,452.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: TAXES. AMOUNT: 125. DESCRIPTION: REGISTRATION FEES. AMOUNT: 1,316. DESCRIPTION: LOAN SERVICING FEES. AMOUNT: 485. DESCRIPTION: BANK FEES. AMOUNT: 2,008. DESCRIPTION: INTEREST EXPENSE. AMOUNT: 4,552. DESCRIPTION: LOSS FORM CALCELLATION OF DEBT. AMOUNT: 3,459. TOTAL TO FORM 990-EZ, LINE 16: 11,945.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: NOTES AND LOANS RECEIVABLE. BEG. OF YEAR AMOUNT: 172,795. END OF YEAR AMOUNT: 144,951. DESCRIPTION: INTEREST RECEIVABLE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 192.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 1,192. END OF YEAR AMOUNT: 0. DESCRIPTION: DUE TO AFFILIATES. BEG. OF YEAR AMOUNT: 127,637. END OF YEAR AMOUNT: 98,091.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL M CRIST
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EVP, CFO & TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum02155745800
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-11-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TRF ENTERPRISE FUND INC
ReturnHeader/Filer/BusinessNameControlTxt0TRFE
ReturnHeader/Filer/EIN0233010796
ReturnHeader/Filer/PhoneNum02155745800
ReturnHeader/Filer/USAddress/AddressLine1Txt01700 MARKET STREET 19TH FLOOR
ReturnHeader/Filer/USAddress/CityNm0PHILADELPHIA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0PA
ReturnHeader/Filer/USAddress/ZIPCd019103
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0420714325
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0RSM US LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0751 ARBOR WAY SUITE 200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BLUE BELL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd019422
ReturnHeader/PreparerPersonGrp/PhoneNum02156418600
ReturnHeader/PreparerPersonGrp/PreparationDt02015-11-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CHRISTOPHER M PEKULA
ReturnHeader/ReturnTs02015-11-16T12:56:59-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.11$0.00$0.11$0.00$0.00$0.00
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.12$0.00$0.12$0.00$0.00$0.00
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.12$0.00$0.12$0.00$0.01$0.01
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.13$0.00$0.13$0.53$0.01$0.52
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.4$10.0$0.37$0.16$0.32$0.16
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.08$0.00$0.08$0.03$0.01$0.03
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.11$0.01$0.10$0.01$0.01$0.00
2017Detailed filing. Detailed filing data is available for this year.$0.12$0.02$0.10$0.01$0.01$0.00
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.13$0.03$0.10$0.01$0.01$0.00
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.14$0.04$0.11$0.20$0.20$0.00
2014Detailed filing. Detailed filing data is available for this year.$0.21$0.10$0.11$0.01$0.01$0.00
2013Detailed filing. Detailed filing data is available for this year.$0.24$0.13$0.11$0.02$0.03$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.29$0.16$0.12$0.04
2011Summary only. Only limited summary data is available for this year.$0.29$0.19$0.10$0.17$0.20$0.03
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.73$0.64$0.09$0.09