Trf Enterprise Fund Inc.

990EZ • Fiscal year 2017 • EIN 23-3010796

Jan 01, 2017 to Dec 31, 2017 • Filed on Oct 18, 2018

Organization Profile N/A

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.

0.20x

Higher debt load relative to assets than 83% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

3.70x

Higher debt load relative to revenue than 98% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

-47%

Higher net margin than 8% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Higher top officer pay than 76% of similar nonprofits.

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

-6.1%

Faster asset growth than 34% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

-13%

Faster revenue growth than 30% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet

Liabilities / Assets83rd percentile

Assets

Down

$122,689

Down $7,941 (-6.1%) from 2016

Net Assets

Down

$98,267

Down $3,125 (-3.1%) from 2016

Liabilities

Down

$24,422

Down $4,816 (-16%) from 2016

Revenue And Expenses

Liabilities / Revenue98th percentile Net Margin8th percentile

Revenue

Down

$6,594

Down $948 (-13%) from 2016

Expenses

Down

$9,719

Down $2,295 (-19%) from 2016

Net Income

-$3,125

Up $1,347 (+30%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth34th percentile

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

Highlighted filing

2017

Assets$122,689

Liabilities$24,422

Net Assets$98,267

Open 2017 Filing

Operations Trend

Revenue Growth30th percentile

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

Highlighted filing

2017

Revenue$6,594

Expenses$9,719

Net Income-$3,125

Open 2017 Filing

Jump To

Filing Snapshot

Filing Period: Jan 1, 2017 to Dec 31, 2017
Signed: Oct 18, 2018
Return Version: 2017v2.3
Gross Receipts: $6,594

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	$8,752

Compensation and Service Providers

Top Officer Pay76th percentile

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: Treasurer
Phone: 2155745800
Signed: 2018-10-18
Discuss with paid preparer: Yes

Preparer

Firm: Rsm US Llp
Address: 518 TOWNSHIP LINE ROAD SUITE 300, BLUE BELL, PA 19422
Preparer: Lynne Johnson
Phone: 2156418600

Supplemental Narrative

Additional Explanations

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

“Description: interest on loans. Amount: 6,388. Description: provision for loan loss. Amount: 17. Description: interest income - marketable securities. Amount: 189. Total to form 990-ez, line 8: 6,594.”

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

“Description: taxes. Amount: 125. Description: registration fees. Amount: 1,068. Description: bank fees. Amount: 2,511. Description: interest expense. Amount: 950. Description: loss from cancellation of debt. Amount: 17. Description: loan servicing fee. Amount: 168. Total to form 990-ez, line 16: 4,839.”

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

“Description: notes and loans receivable. Beg. Of year amount: 76,088. End of year amount: 68,628.”

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

“Description: due to affiliates. Beg. Of year amount: 27,002. End of year amount: 19,542. Description: accrued expenses. Beg. Of year amount: 2,236. End of year amount: 4,880.”

Raw XML Appendix152 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	54542
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt	0	54061
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd	0	0
IRS990EZ/DirectIndirectPltclExpendAmt	0	0
IRS990EZ/DonorAdvisedFndsInd	0	0
IRS990EZ/EngagedInExcessBenefitTransInd	0	0
IRS990EZ/ExcessOrDeficitForYearAmt	0	-3125
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt	0	4880
IRS990EZ/FiledScheduleAInd	0	1
IRS990EZ/ForeignFinancialAccountInd	0	0
IRS990EZ/ForeignOfficeInd	0	0
IRS990EZ/Form990TotalAssetsGrp/BOYAmt	0	130630
IRS990EZ/Form990TotalAssetsGrp/EOYAmt	0	122689
IRS990EZ/GrossReceiptsAmt	0	6594
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	101392
IRS990EZ/NetAssetsOrFundBalancesEOYAmt	0	98267
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt	0	101392
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt	0	98267
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	76088
IRS990EZ/OtherAssetsTotalDetail/EOYAmt	0	68628
IRS990EZ/OtherChangesInNetAssetsAmt	0	0
IRS990EZ/OtherExpensesTotalAmt	0	4839
IRS990EZ/OtherRevenueTotalAmt	0	6594
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	8752
IRS990EZ/ProhibitedTaxShelterTransInd	0	0
IRS990EZ/RelatedOrganizationCtrlEntInd	0	0
IRS990EZ/ScheduleBNotRequiredInd	0	X
IRS990EZ/SchoolOperatingInd	0	0
IRS990EZ/SubjectToProxyTaxInd	0	0
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt	0	29238
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt	0	24422
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	9719
IRS990EZ/TotalProgramServiceExpensesAmt	0	8752
IRS990EZ/TotalRevenueAmt	0	6594
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: 6,388. DESCRIPTION: PROVISION FOR LOAN LOSS. AMOUNT: 17. DESCRIPTION: INTEREST INCOME - MARKETABLE SECURITIES. AMOUNT: 189. TOTAL TO FORM 990-EZ, LINE 8: 6,594.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	DESCRIPTION: TAXES. AMOUNT: 125. DESCRIPTION: REGISTRATION FEES. AMOUNT: 1,068. DESCRIPTION: BANK FEES. AMOUNT: 2,511. DESCRIPTION: INTEREST EXPENSE. AMOUNT: 950. DESCRIPTION: LOSS FROM CANCELLATION OF DEBT. AMOUNT: 17. DESCRIPTION: LOAN SERVICING FEE. AMOUNT: 168. TOTAL TO FORM 990-EZ, LINE 16: 4,839.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	2	DESCRIPTION: NOTES AND LOANS RECEIVABLE. BEG. OF YEAR AMOUNT: 76,088. END OF YEAR AMOUNT: 68,628.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	3	DESCRIPTION: DUE TO AFFILIATES. BEG. OF YEAR AMOUNT: 27,002. END OF YEAR AMOUNT: 19,542. DESCRIPTION: ACCRUED EXPENSES. BEG. OF YEAR AMOUNT: 2,236. END OF YEAR AMOUNT: 4,880.
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	2018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd	0	1
ReturnHeader/BusinessOfficerGrp/PersonNm	0	MICHAEL M CRIST
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum	0	2155745800
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2018-10-18
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/FilingSecurityInformation/AtSubmissionCreationDeviceId	0	ED0E7B459ACDE7E8BE83C2EAC6B3667F16CE85CD
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId	0	FF7B79C6F17401B92B049022586E0F66AF18E737
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd	0	P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt	0	108.171.131.171
ReturnHeader/FilingSecurityInformation/IPDt	0	2018-10-18
ReturnHeader/FilingSecurityInformation/IPTimezoneCd	0	ED
ReturnHeader/FilingSecurityInformation/IPTm	0	13:01:42
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN	0	420714325
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt	0	RSM US LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt	0	518 TOWNSHIP LINE ROAD SUITE 300
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/PreparerPersonNm	0	LYNNE JOHNSON
ReturnHeader/ReturnTs	0	2018-11-01T08:40:00-05:00
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/TaxPeriodBeginDt	0	2017-01-01
ReturnHeader/TaxPeriodEndDt	0	2017-12-31
ReturnHeader/TaxYr	0	2017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $122,689
Liabilities: $24,422
Net assets: $98,267
Revenue: $6,594
Expenses: $9,719
Net income: -$3,125

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net 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