Foundation For Small Business Development
- Assets
- $123.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Burke, VA
- Founding
- 01/1997
- Data as of
- 12/2021
- EIN
- 54-1776460
Organization Overview
Foundation For Small Business Development is located in Burke, VA. The organization was established in 1997. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foundation For Small Business Development is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
WE HAVE PARTNERED WITH THE MOODY'S CORPORATION, A GLOBAL PROVIDER OF CREDIT RATINGS, RESEARCH, TOOLS AND ANALYSIS TO COLLECTIVELY PROVIDE EDUCATION, CERTIFICATIONS, AND TOOLS ON CASH-FLOW MANAGEMENT AND FORECASTING TO THE NATION'S LARGEST SMALL BUSINESS ASSISTANCE NETWORK, AMERICA'S SMALL BUSINESS DEVELOPMENT CENTERS (SBDCS). BY DELIVERING CASH FLOW MANAGEMENT AND FORECASTING EDUCATION COMBINED WITH CUTTING-EDGE SOFTWARE TO THE SBDC NETWORK, THIS PARTNERSHIP WILL ENHANCE THE IMPACT OF SBDCS TO STIMULATE ENTREPRENEURSHIP AND HELP SMALL BUSINESSES GROW. THE THREE-YEAR GRANT WILL PROVIDE TRAINING & CERTIFICATION BY CASH-FLOW EXPERT FINAGRAPH CORPORATION, THE MAKERS OF CASHFLOWTOOL. THIS INCLUDES IN-PERSON AND ONLINE TRAINING COURSES AS WELL AS CERTIFICATION THAT WILL BE DELIVERED AT NATIONAL, REGIONAL AND STATE SBDC EVENTS AS WELL AS E-LEARNING TRAINING & CERTIFICATION OPPORTUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles Tee Rowe President | 2 | $0 | |
Mike Hottel Board Member | 2 | $0 | |
Andrew Sherman Board Member | 2 | $0 | |
Kim Kindschi Board Member | 2 | $0 | |
Ari Lehavi Board Member | 2 | $0 | |
Kristin Johnson Board Member | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $0 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $3,376 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $3,376 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $77,545 |
| Other assets | $0 |
| Total assets | $123,295 |
| Total liabilities | $50 |
| Net assets or fund balances | $123,245 |
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