Small Business & Entrepreneurship Council, operating under the name SBE Council, is located in Vienna, VA. The organization was established in 1993. According to its NTEE Classification (S05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2022, SBE Council employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. SBE Council is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 06/2022, SBE Council generated $1.2m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 37.1% each year . All expenses for the organization totaled $1.2m during the year ending 06/2022. While expenses have increased by 38.7% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
SBE COUNCIL'S MISSION IS TO PROMOTE ENTREPRENEURSHIP AND PROTECT SMALL BUSINESSES. THROUGH ADVOCACY, EDUCATION, AND RESEARCH SBE COUNCIL WORKS TO STRENGTHEN THE ECOSYSTEM FOR STARTUPS AND SMALL BUSINESS GROWTH. SBE COUNCIL INTEGRATES ADVOCACY, RESEARCH, EDUCATION AND TRAINING TO ACHIEVE THESE GOALS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADVOCACY AND OUTREACH: SBE COUNCIL'S ADVOCACY WORK CONTINUED TO FOCUS ON THE AFTERMATH OF COVID-19 - SUPPLY CHAIN SHORTAGES, RISING PRICES, WORKFORCE SHORTAGES, THE NEED FOR POLICY CERTAINTY - AND THE GOVERNMENT'S RESPONSE TO SUPPORTING SMALL BUSINESSES AND THE NEW STARTUPS THAT WERE EMERGING DURING THIS PERIOD. PRIMARILY, POLICY EFFORTS CENTERED ON ENSURING THE OFF-RAMP FROM PANDEMIC-ERA POLICIES WOULD NOT CREATE BURDENS OR UNCERTAINTIES FOR SMALL BUSINESSES. OTHER KEY EFFORTS TURNED TO MONITORING AND COMMENTING ON SIGNIFICANT REGULATORY INITIATIVES WITHIN THE FEDERAL AGENCIES TO ENSURE LAWS WERE COMPLIED WITH RELATING TO REQUIREMENTS THAT AGENCIES CONSIDER THE EFFECTS ON SMALL BUSINESSES IN DEVELOPING NEW REGULATIONS AND THE COST IMPACT OF PROPOSED REGULATIONS. WE DISTRIBUTED 29 LETTERS TO CONGRESS, WHICH TOUCHED ON LEGISLATION EFFECTING CAPITAL ACCESS AND AFFORDABILITY, IP PROTECTIONS, HEALTH CARE COSTS, WORKFORCE ISSUES, QUALITY BROADBAND ACCESS, U.S. COMPETITIVENESS, THE HARMFUL DOWNSTREAM EFFECT OF PROPOSED TECH BILLS ON SMALL BUSINESSES, AND TAX AND BUDGET POLICY. ON THE BUDGET, SBE COUNCIL ADVOCATED AGAINST TAX INCREASES AND EXCESSIVE SPENDING THAT WOULD FUEL INFLATIONARY PRESSURES AND HARM SMALL BUSINESS COMPETITIVENESS. SBE COUNCIL SUPPORTED MEASURES TO MAINTAIN KEY TAX INCENTIVES SUCH AS STEPPED-UP BASIS, IMMEDIATE R&D EXPENSING AND OTHER PIECES OF THE 2017 TAX RELIEF PACKAGE THAT HAVE SUPPORTED SMALL BUSINESS. OUR TEAM TESTIFIED THREE TIMES BEFORE CONGRESS ON BIPARTISAN AND PRACTICAL HEALTH CARE REFORMS, POLICIES THAT WOULD HELP SMALL BUSINESSES WITH WORKER SHORTAGES, AND "ENTREPRENEURSHIP IN THE NEW ECONOMY" DRIVEN BY DIGITAL ACCELERATION. WE PROVIDED TESTIMONY FOR THE RECORD FIVE OTHER TIMES ON "COMPETITION" ISSUES, THE BIPARTISAN INFRASTRUCTURE PACKAGE AND BROADBAND ACCESS. REGULATORY COMMENTS AND ENGAGEMENT FOCUSED ON RULEMAKINGS THAT WOULD NEGATIVELY IMPACT THE STARTUP ECOSYSTEM VIA MERGERS AND ACQUISITIONS, SMALL BUSINESS INVESTORS AND THE SMALL BUSINESSES THAT ADVISE THEM, AND DISRUPTIVE RULES THAT WOULD ALSO DRIVE WORKPLACE COSTS HIGHER FOR SMALL BUSINESSES. WE WEIGHED IN ON SIGNIFICANT RULEMAKINGS (FIVE COMMENTS FILED), FOR EXAMPLE, AT THE DEPARTMENT OF LABOR AND NATIONAL LABOR RELATIONS BOARD ON PROPOSED REGULATIONS THAT WOULD DISRUPT CRITICAL ENTREPRENEURIAL MODELS - SUCH AS INDEPENDENT CONTRACTING, FRANCHISING, AND SELF-EMPLOYMENT - THAT WOULD UNDERMINE ECONOMIC OPPORTUNITY AND ENTREPRENEURSHIP IN THE U.S. SBE COUNCIL ENGAGED SMALL BUSINESS OWNERS AND THE POLICY COMMUNITY BY AUTHORING AND DISTRIBUTING 43 POLICY BRIEFS ON THE AFOREMENTIONED ISSUES, KEEPING OUR LIST OF OVER 202,000 ENTREPRENEURS AND PARTNERS UP-TO-DATE VIA OUR SMALL BUSINESS INSIDER E-NEWS (72 PUBLISHED AND DISTRIBUTED), THE GROWTH WITHOUT BARRIERS PODCAST (12 RECORDED), AND 25 IN-PERSON BRIEFINGS AND ROUNDTABLES ON CAPITOL HILL AND WITH ENTREPRENEURS.
OTHER - MEDIA AND COMMUNICATIONS: THE MEDIA AND EARNED MEDIA SERVE AS AN EFFECTIVE PLATFORM FOR SBE COUNCIL TO EDUCATE ON KEY ISSUES, POLICIES AND RESOURCES THAT ENTREPRENEURS AND SMALL BUSINESSES NEED TO COMPETE AND SUCCEED. SBE COUNCIL UTILIZES A WIDE RANGE OF MEDIA CHANNELS AND TECHNOLOGY TOOLS TO HELP EDUCATE ENTREPRENEURS AND THE PUBLIC ABOUT ISSUES AND CHALLENGES FACING SMALL BUSINESSES, WHICH HELPS TO BUILD AWARENESS AND SUPPORT FOR THE POLICIES AND RESOURCES THAT SMALL BUSINESSES NEED. SBE COUNCIL REGULARLY SPEAKS TO THE MEDIA - VIA INTERVIEWS, RADIO AND TV APPEARANCES, AND THROUGH EVENTS - AND PUBLISHES OP-EDS, BLOG POSTS AND PODCASTS TO DISCUSS TOP ISSUES AND SHARE "HOW TO" INFORMATION AND TRENDS. THE TEAM PUBLISHED 10 OP-EDS, RELEASED 36 PRESS RELEASES OR STATEMENT, CONDUCTED 12 PODCASTS, DISTRIBUTED 72 SMALL BUSINESS INSIDER E-NEWS REPORTS (WHICH ALSO GO TO THE MEDIA) AND AVIDLY USE SOCIAL MEDIA (TWITTER, FACEBOOK, LINKEDIN) TO COMMUNICATE THE RESULTS OF RESEARCH OR IN SUPPORT OF ADVOCACY EFFORTS AND CONDUCTED THREE EFFECTIVE CAMPAIGNS TO HELP DELIVER THE RESULTS OF KEY SURVEYS AND REPORTS (SUCH AS THE "PANDEMIC-ERA STARTUPS" FINDINGS.)
RESEARCH & ANALYSIS: SBE COUNCIL PRODUCES RESEARCH REPORTS, SMALL BUSINESS SURVEYS, ISSUE BRIEFS AND ANALYSIS ON SMALL BUSINESS ISSUES THAT HELP ELECTED OFFICIALS, POLICY LEADERS IN GOVERNMENT, ENTREPRENEURS, THE MEDIA AND GENERAL PUBLIC BETTER UNDERSTAND HOW ENTREPRENEURSHIP AND SMALL BUSINESSES ARE VITAL TO THE ECONOMY AND HOW SMALL FIRMS AND BUSINESS CREATION ARE IMPACTED BY SPECIFIC POLICIES THAT ARE BEING PROPOSED OR ADVANCED. IN ADDITION TO THE REGULAR DAILY CONTENT AUTHORED BY SBE COUNCIL'S ECONOMIC TEAM (107 BRIEFS WERE PRODUCED FOR THE YEAR), VARIOUS SPECIAL REPORTS AND RESEARCH INCLUDED A RANGE OF SURVEYS TO BETTER UNDERSTAND HOW SMALL BUSINESSES WERE NAVIGATING THE POST-COVID ECONOMY AND DEALING WITH CHALLENGING ISSUES LIKE INFLATION. OUR NEW QUARTERLY REPORT, A "SMALL BUSINESS CHECKUP SURVEY" WAS LAUNCHED, WHICH PLAYED A KEY ROLE IN HELPING LAWMAKERS, POLICY LEADERS AND THE MEDIA BETTER UNDERSTAND SMALL BUSINESS PRIORITIES, HOW THEY WERE RESPONDING TO CHALLENGES AND MARKET CONDITIONS, AND WHERE THEY STAND ON KEY ISSUES. GIVEN THE HISTORIC GROWTH IN NEW BUSINESS APPLICATIONS, SBE COUNCIL CONDUCTED A MAJOR SURVEY AND RESEARCH REPORT CALLED "STARTUPS IN THE PANDEMIC ERA" TO UNDERSTAND THEIR MOTIVATIONS IN LAUNCHING THEIR BUSINESSES AND THE WIDE USE AND BENEFITS OF DIGITAL TOOLS IN HELPING THEM LAUNCH, COMPETE AND GROWTH. ANOTHER IMPORTANT RESEARCH SURVEY "WHAT DO SMALL EMPLOYERS WANT IN HEALTH CARE" BECAME THE BASIS FOR KEY BIPARTISAN PROPOSALS ON CAPITOL HILL. ALL OF THESE SURVEYS AND REPORTS WERE DISTRIBUTED TO CONGRESS, WHITE HOUSE POLICY LEADERS AND STAFF, THE MEDIA, AND ALLIED ORGANIZATIONS TO EDUCATE ABOUT POLICY NEEDS AND THE POTENTIAL IMPACT OF PROPOSED SOLUTIONS. WITH REGARD TO OUR DAILY AND WEEKLY ECONOMIC BRIEFS AND POSTS, THESE INFORMATIVE ANALYSES HELP SMALL BUSINESS OWNERS UNDERSTAND THE DATA AND TRENDS IN REGULAR ECONOMIC REPORTS - SUCH AS THE MONTHLY JOBS REPORT, AND MONTHLY TRADE, MANUFACTURING, CONSUMER CREDIT, PRODUCTIVITY AND OTHER DATA THAT IS DERIVED FROM THESE REPORTS. SBE COUNCIL CONTINUED TO ANALYZE AND SHARE IMPORTANT CENSUS BUREAU DATA ON NEW BUSINESS APPLICATIONS ACROSS SECTORS AND WHAT THIS MEANS FOR COMPETITION, POLICY AND MORE.
EDUCATION: SBE COUNCIL CREATES AND DISTRIBUTES EDUCATIONAL CONTENT AND HOSTS EVENTS TO PROVIDE ENTREPRENEURS AND SMALL BUSINESS OWNERS WITH THE TOOLS AND KNOWLEDGE THEY NEED TO LAUNCH AND SUCCEED. SBE COUNCIL WINDED DOWN ITS "SMALL BUSINESS COVID CENTER" AFTER FINAL RULES WERE BEING FINE-TUNED FOR SMALL BUSINESS UTILIZATION AND COMPLIANCE. SBE COUNCIL'S WEEKLY "BUSINESS INTELLIGENCE" TIPS AND TRENDS FOR ENTREPRENEURS WAS PRODUCED 26 TIMES, ALONG WITH 72 SMALL BUSINESS INSIDER BLOG POSTS FEATURING "HOW TO" INFORMATION, ADVICE AND GUIDANCE FOR BUSINESS OWNERS ON TOPICS RANGING FROM MARKET TRENDS, DIGITAL TOOLS AND SOCIAL MEDIA MARKETING, TAX RULE CHANGES AND COMPLIANCE, THE POSSIBILITY OF NEW REGULATION AND HOW TO PREPARE, PROTECTING INTELLECTUAL PROPERTY, CYBERSECURITY, THE RISE OF ARTIFICIAL INTELLIGENCE, HOW TO COMPETE FOR WORKERS, FINANCING AND MORE. SBE COUNCIL'S PRESIDENT PARTICIPATED IN 21 WEBINARS AND "ZOOM SESSIONS" ON VARIOUS TOPICS AND ISSUES GEARED TOWARD THE TRANSFORMATIVE AND EVER-CHANGING DIGITAL ECONOMY. SBE COUNCIL CONTENT, WEBCASTS, JOINT FORUMS AND SPECIAL BRIEFINGS INCLUDED TOPICS SUCH AS: "THE STATE OF SMALL BUSINESS AND STARTUPS IN THE DIGITAL ECONOMY," "WHAT STATES HAVE DONE BEST AND WORST IN RECOVERING JOBS," "SMALL BIZ AND 5G - THE NEXT CHAPTER," "EX EXCHANGE 2021: TRENDSETTING IN ENTREPRENEURSHIP - HOW DIGITAL MADE THE DIFFERENCE," "HOW BROADBAND ACCESS CAN ACCELERATE SMALL BUSINESS GROWTH," "ATTACKS ON BAYH-DOLE ARE ATTACKS ON SMALL BUSINESSES," "M&A REGULATORY REVAMP: IS AMERICA'S STARTUP ECOSYSTEM AT RIKS?", AND OTHERS THE TEAM JOINED AS SPEAKERS OR PANEL MODERATORS. SBE COUNCIL COLLABORATED WITH PARTNERS ON EDUCATIONAL CAMPAIGNS SUCH AS SMALL BUSINESS SATURDAY (WE ARE A FOUNDING MEMBER), ENTREPRENEUR EXCHANGE (EX) 21, WORLD IP DAY, GLOBAL TRADE MONTH, NATIONAL PREPAREDNESS MONTH, NATIONAL SMALL BUSINESS WEEK, AND GLOBAL ENTREPRENEURSHIP WEEK. SBE COUNCIL SOCIAL MEDIA PLATFORMS ARE IMPORTANT SOURCES FOR SHARING THE RANGE OF EDUCATIONAL CONTENT NOTED ABOVE, WHICH REACHES A SIGNIFICANT AUDIENCE. FACEBOOK, TWITTER AND LINKEDIN ARE USED EXTENSIVELY IN SHARING OUR CONTENT AND FOR ENGAGING WITH BUSINESS OWNERS AND THE PUBLIC. SBE COUNCIL'S "GROWTH WITHOUT BARRIERS" PODCAST (12 RECORDED AND DISTRIBUTED) IS ALSO AN IMPORTANT PIPELINE FOR SHARING OUR EDUCATIONAL CONTENT AND EDUCATING THE PUBLIC ABOUT IMPORTANT POLICY MATTERS BEING DEBATED AND ADVANCED IN GOVERNMENT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Karen Kerrigan President/secretary | OfficerTrustee | 50 | $356,831 |
Grover Norquist Treasurer | OfficerTrustee | 0.5 | $0 |
Richard Rahn Director | Trustee | 0.5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $1,176,363 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,176,363 |
Total Program Service Revenue | $0 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,176,363 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $356,831 |
Compensation of current officers, directors, key employees. | $28,546 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $102,261 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $43,808 |
Payroll taxes | $173,206 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $13,546 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $141,080 |
Office expenses | $7,925 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $12,125 |
Travel | $4,648 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $41,638 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $1,225,336 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $462,126 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $462,126 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $462,126 |
Total liabilities and net assets/fund balances | $462,126 |