Small And Emerging Contractors Advisory Forum
- Assets
- $469.2k
- Revenue
- $371.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Falls Church, VA
- Founding
- 06/2005
- Data as of
- 08/2023
- EIN
- 52-2353169
Organization Overview
Small And Emerging Contractors Advisory Forum is located in Falls Church, VA. The organization was established in 2005. According to its NTEE Classification (S02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Small And Emerging Contractors Advisory Forum is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 08/2023, Small And Emerging Contractors Advisory Forum generated $371.2k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 11.3% each year . All expenses for the organization totaled $366.1k during the year ending 08/2023. While expenses have increased by 12.3% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE SMALL AND EMERGING CONTRACTORS ADVISORY FORUM(SECAF)WAS FORMED TO SUPPORT CONTRACTORS IN THEIR EFFORTS TO SECURE AND FULFILL CONTRACTS WITH GOVERNMENT ENTITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION & EVENTS: SECAF HELPS GUIDE CONTRACTORS THROUGH THE PROCESS OF ACQUIRING OR EXPANDING THEIR CONTRACT BASE BY EDUCATING THEM ON THE ESSENTIAL TOPICS: A) WHERE THE TRENDS IN FUNDING PRIORITIES ARE HEADED; B)WHAT NEW REGULATIONS AND PRACTICES MIGHT AFFECT THEIR EXISTING AND PROSPECTIVE CLIENT BASE; AND C) HOW TO NAVIGATE IN CURRENT PROCUREMENT ENVIRONMENTS. OTHER EVENTS CONSIST OF A PANEL PRESENTATION AND FORUM, INCLUDING QUESTIONS FROM THE AUDIENCE. SECAF EVENTS WILL ALSO OFFER MEMBERS AND VISTORS AN OPPORTUNITY TO MEET AND NETWORK WITH OTHER ATTENDEES AND SEEK STRATEGIC PARTNERSHIPS.
OUTREACH: SECAF WILL REACH OUT TO THE CONTRACTOR COMMUNITY TO DISSEMINATE INFORMATION AND ADVISORY MATERIALS THROUGH THE WORLDWIDE WEB AND OTHER METHODS. IT WILL ENCOURAGE MEMBERS TO SHARE THEIR OBSERVATIONS AND OPINIONS, AS WELL AS SEEK OUT OPINIONS OF EXPERTS FROM BOTH INDUSTRY AND GOVERNMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matthew Agresti Past Chair | Trustee | 2 | $0 |
Aland Acuna Director | Trustee | 2 | $0 |
Andrew Sherman Founding Chair Emeriti | Trustee | 2 | $0 |
Chuck Larock Director | Trustee | 2 | $0 |
Vinny Raj Director | Trustee | 2 | $0 |
Eric Vendt Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $82,200 |
| 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 | $82,200 |
| Total Program Service Revenue | $283,785 |
| Investment income | $5,260 |
| 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 | $371,245 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $118,400 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,485 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $4,927 |
| Office expenses | $4,386 |
| Information technology | $5,109 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $209,658 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,135 |
| All other expenses | $0 |
| Total functional expenses | $366,128 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $449,516 |
| 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 | $19,657 |
| 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 | $469,173 |
| Accounts payable and accrued expenses | $18,562 |
| Grants payable | $0 |
| Deferred revenue | $38,810 |
| 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 | $57,372 |
| Net assets without donor restrictions | $411,801 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $469,173 |