Liabilities / Assets
84th percentile
Higher debt load relative to assets than 84% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.27x
Liabilities / Revenue
87th percentile
Higher debt load relative to revenue than 87% of similar nonprofits.
Net Margin
37th percentile
Higher net margin than 37% of similar nonprofits.
Top Officer Pay
75th percentile
Higher top officer pay than 75% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
15th percentile
Faster asset growth than 15% of similar nonprofits.
Revenue Growth
99th percentile
Faster revenue growth than 99% of similar nonprofits.
Balance Sheet
Assets
Down$144,995
Down $61,127 (-30%) from 2014
Net Assets
Down$105,864
Down $2,167 (-2.0%) from 2014
Liabilities
Down$39,131
Down $58,960 (-60%) from 2014
Revenue And Expenses
Revenue
Up$195,937
Up $184,485 (+1611%) from 2014
Expenses
Up$198,104
Up $185,888 (+1522%) from 2014
Net Income
Down-$2,167
Down $1,403 (-184%) from 2014
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2015 to Dec 31, 2015
- Signed
- Oct 3, 2016
- Return Version
- 2015v2.1
- Gross Receipts
- $195,937
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
| Description | Grants | Expenses |
|---|---|---|
| PROVIDED FINANCING AND TECHNICAL ASSISTANCE TO URBAN-BASED ENTREPRENEURS | $0 | $198,104 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| DONALD HINKLE-BROWN | President | - | $0 | - | - |
| MICHAEL M CRIST | Secretary And Treasurer | - | $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
- 2016-10-03
- 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: 9,434. Description: provision for loan loss. Amount: 186,431. Description: loan fees. Amount: 72. Total to form 990-ez, line 8: 195,937.”
Form 990-ez, Part I, Line 16 - Other Expenses
“Description: taxes. Amount: 125. Description: registration fees. Amount: 1,316. Description: loan servicing fees. Amount: 408. Description: bank fees. Amount: 1,780. Description: interest expense. Amount: 3,018. Description: loss from cancellation of debt. Amount: 183,375. Description: loan related expense. Amount: 6,374. Total to form 990-ez, line 16: 196,396.”
Form 990-ez, Part II, Line 24 - Other Assets
“Description: notes and loans receivable. Beg. Of year amount: 144,951. End of year amount: 86,817. Description: interest receivable. Beg. Of year amount: 192. End of year amount: 63.”
Form 990-ez, Part II, Line 26 - Other Liabilities
“Description: due to affiliates. Beg. Of year amount: 98,091. End of year amount: 37,931. Description: accrued expenses. Beg. Of year amount: 0. End of year amount: 1,200.”
Raw XML Appendix146 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/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | MICHAEL M CRIST |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 2155745800 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 1700 MARKET STREET 19TH FLOOR |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | PHILADELPHIA |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | PA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 19103 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 60979 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 58115 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -2167 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 1708 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 206122 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 144995 |
| IRS990EZ/GrossReceiptsAmt | 0 | 195937 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 108031 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 105864 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 108031 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 105864 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | DONALD HINKLE-BROWN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | MICHAEL M CRIST |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | SECRETARY AND TREASURER |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 145143 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 86880 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 196396 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 195937 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | 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. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | PROVIDED FINANCING AND TECHNICAL ASSISTANCE TO URBAN-BASED ENTREPRENEURS |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 198104 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 98091 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 39131 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 198104 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 198104 |
| IRS990EZ/TotalRevenueAmt | 0 | 195937 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd | 0 | 1 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd | 0 | 0 |
| IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd | 0 | 0 |
| IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd | 0 | 1 |
| IRS990ScheduleA/IRSWrittenDeterminationInd | 0 | X |
| IRS990ScheduleA/OtherSupportSumAmt | 0 | 0 |
| IRS990ScheduleA/SupportedOrganizationsCnt | 0 | 1 |
| IRS990ScheduleA/SupportedOrganizationsTotalCnt | 0 | 1 |
| IRS990ScheduleA/SupportedOrgInformationGrp/EIN | 0 | 232331946 |
| IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd | 0 | 1 |
| IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd | 0 | 7 |
| IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt | 0 | 0 |
| IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt | 0 | 0 |
| IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt | 0 | THE REINVESTMENT FUND INC |
| IRS990ScheduleA/SupportingOrganization509a3Ind | 0 | X |
| IRS990ScheduleA/SupportingOrgType1Ind | 0 | X |
| IRS990ScheduleA/SupportSumAmt | 0 | 0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION: INTEREST ON LOANS. AMOUNT: 9,434. DESCRIPTION: PROVISION FOR LOAN LOSS. AMOUNT: 186,431. DESCRIPTION: LOAN FEES. AMOUNT: 72. TOTAL TO FORM 990-EZ, LINE 8: 195,937. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION: TAXES. AMOUNT: 125. DESCRIPTION: REGISTRATION FEES. AMOUNT: 1,316. DESCRIPTION: LOAN SERVICING FEES. AMOUNT: 408. DESCRIPTION: BANK FEES. AMOUNT: 1,780. DESCRIPTION: INTEREST EXPENSE. AMOUNT: 3,018. DESCRIPTION: LOSS FROM CANCELLATION OF DEBT. AMOUNT: 183,375. DESCRIPTION: LOAN RELATED EXPENSE. AMOUNT: 6,374. TOTAL TO FORM 990-EZ, LINE 16: 196,396. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DESCRIPTION: NOTES AND LOANS RECEIVABLE. BEG. OF YEAR AMOUNT: 144,951. END OF YEAR AMOUNT: 86,817. DESCRIPTION: INTEREST RECEIVABLE. BEG. OF YEAR AMOUNT: 192. END OF YEAR AMOUNT: 63. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | DESCRIPTION: DUE TO AFFILIATES. BEG. OF YEAR AMOUNT: 98,091. END OF YEAR AMOUNT: 37,931. DESCRIPTION: ACCRUED EXPENSES. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 1,200. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | THE 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/BuildTS | 0 | 2017-02-10 21:41:12Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | MICHAEL M CRIST |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | EVP, CFO, & TREASURER |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 2155745800 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2016-10-03 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | TRF ENTERPRISE FUND INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | TRFE |
| ReturnHeader/Filer/EIN | 0 | 233010796 |
| ReturnHeader/Filer/PhoneNum | 0 | 2155745800 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 1700 MARKET STREET 19TH FLOOR |
| ReturnHeader/Filer/USAddress/CityNm | 0 | PHILADELPHIA |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | PA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 19103 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 420714325 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | RSM US LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 751 ARBOR WAY SUITE 200 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | BLUE BELL |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | PA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 19422 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 2156418600 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2016-10-03 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | CHRISTOPHER M PEKULA |
| ReturnHeader/ReturnTs | 0 | 2016-10-04T15:22:37-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2015-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2015-12-31 |
| ReturnHeader/TaxYr | 0 | 2015 |
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.
- Assets
- $144,995
- Liabilities
- $39,131
- Net assets
- $105,864
- Revenue
- $195,937
- Expenses
- $198,104
- Net income
- -$2,167