Civic Intelligence

The Entrepreneurship Foundation Inc

EIN 84-2366916 • 501(c)3 • Stone Mountain, GA

Profile

Provide services and programs to educate, encoourage, and equip both current andaspiring entrepreneuers of all ages to use their gifts to empower and contribute to their communities economy.

1785 E Park Place Boulevard Ste 871Stone Mountain, GA 30087
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

90th percentile

0.61x

Higher debt load relative to assets than 90% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

90th percentile

0.35x

Higher debt load relative to revenue than 90% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

15th percentile

-48%

Higher net margin than 15% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

21st percentile

-46%

Faster asset growth than 21% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

94th percentile

148%

Faster revenue growth than 94% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$162,638

Down $137,540 (-46%) from 2022

Liabilities

Up

$100,000

Up $100,000 from 2022

Net Assets

Down

$62,638

Down $237,540 (-79%) from 2022

Revenue

Up

$287,684

Up $171,834 (+148%) from 2022

Expenses

Up

$425,224

Up $418,902 (+6626%) from 2022

Net Income

Down

-$137,540

Down $247,068 (-226%) from 2022

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$400K$300K$200K$100K$0Assets 2021: $190,650Liabilities 2021: $0Net Assets 2021: $190,6502021Assets 2022: $300,178Liabilities 2022: $0Net Assets 2022: $300,1782022Assets 2023: $162,638Liabilities 2023: $100,000Net Assets 2023: $62,6382023

Highlighted filing

2023

Assets$162,638
Liabilities$100,000
Net Assets$62,638

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200KRevenue 2021: $191,145Expenses 2021: $495Net Income 2021: $190,6502021Revenue 2022: $115,850Expenses 2022: $6,322Net Income 2022: $109,5282022Revenue 2023: $287,684Expenses 2023: $425,224Net Income 2023: -$137,5402023

Highlighted filing

2023

Revenue$287,684
Expenses$425,224
Net Income-$137,540

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 14, 2024
Return Version
2023v5.1
Gross Receipts
$287,684
Mission and Program Overview

Mission

Provide services and programs to educate, encoourage, and equip both current andaspiring entrepreneuers of all ages to use their gifts to empower and contribute to their communities economy.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$240,178$102,638▼ $137,540
Investments in Publicly Traded Securities$60,000$60,000→ $0
Total Assets$300,178$162,638▼ $137,540
Liabilities
Unsecured Notes Loans Payable-$100,000-
Total Liabilities$0$100,000▲ $100,000
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$300,178$62,638▼ $237,540
Total Net Assets Fund Balance$300,178$62,638▼ $237,540
Total Liabilities and Net Assets / Fund Balance$300,178$162,638▼ $137,540
Compensation and Service Providers

Board Members and Trustees

NameTitle
David ShandsCEO
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$287,684
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-137,540
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$425,224
Total Fundraising Expense$228,929
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Advertising$53,500-$228,929$282,429
Office Expenses-$33,748-$33,748
Other Expenses$19,523--$19,523
Fees for Services Other$8,717--$8,717
Information Technology-$2,000-$2,000
Travel-$1,300-$1,300
Total Functional Expenses$159,247$37,048$228,929$425,224
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

fORM 990 IS REVIEWED BY CEO BEFORE SUBMITTING TO TAX AGENCY.

Governing documents etc available to public Part VI line 19

Records and tax returns available upon request via CEO authorization.

Filing and Contact Details

Filer

Filer Name
The Entrepreneurship Foundation Inc
EIN
84-2366916
Address
1785 E PARK PLACE BOULEVARD STE 871, Stone Mountain, GA 30087

Signing Officer

Name
David Shands
Title
CEO
Phone
6782555926
Signed
2024-05-14
Discuss with paid preparer
No

Organization Details

Formed
2019
Legal Domicile
Ga
Voting Board Members
0
Independent Board Members
1
Employees
0

Preparer

Firm
GARNETT and GOLD FINANCIAL CORP
Address
3900 MARKET ST SUITE 210, Riverside, CA 92501
Preparer
Monica Hodgson Ea
Phone
9517829177
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ReturnHeader/BuildTS02024-10-15 13:58:12Z
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