Entrepreneur Works Fund
EIN: 232996139 · Philadelphia, PA · NTEE: S31
| Metric | Value |
|---|---|
| Total Revenue | $1.3M |
| Total Expenses | $889K |
| Net Assets | $1.6M |
Is Entrepreneur Works Fund Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Entrepreneur Works Fund
Entrepreneur Works Fund (EIN: 232996139) is a nonprofit organization based in Philadelphia, PA, classified under NTEE code S31. The organization reported total revenue of $1.3M and total assets of $3.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Entrepreneur Works Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Entrepreneur Works Fund is a mid-size nonprofit that has been operating for 12 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $608K |
| Total Expenses | $889K |
| Surplus / Deficit | $-280,994 |
| Total Assets | $2.4M |
| Total Liabilities | $833K |
| Net Assets | $1.6M |
| Operating Margin | -46.2% |
| Debt-to-Asset Ratio | 34.3% |
| Months of Reserves | 32.8 months |
Financial Health Grade: B
In 2023, Entrepreneur Works Fund reported a deficit of $281K with expenses exceeding revenue, holds 32.8 months of operating reserves (strong position), has a debt-to-asset ratio of 34.3% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Entrepreneur Works Fund's revenue has grown at a compound annual growth rate (CAGR) of 8.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -37.1% | -12.8% | -9.1% |
| 2022 | -55.1% | +25.8% | +6.7% |
| 2021 | +200.9% | +27.5% | +73.5% |
| 2020 | +27.7% | -1.4% | +14.2% |
| 2019 | +6.3% | +7.3% | +12.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Entrepreneur Works Fund has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Entrepreneur Works Fund with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $281K, with expenses exceeding revenue.
- Debt-to-asset ratio: 34.3%.
Frequently Asked Questions about Entrepreneur Works Fund
Is Entrepreneur Works Fund a legitimate charity?
Entrepreneur Works Fund (EIN: 232996139) is a registered tax-exempt nonprofit based in Pennsylvania. It has 13 years of IRS 990 filings on record. Total revenue: $1.3M. No red flags identified. Financial health grade: B.
How does Entrepreneur Works Fund spend its money?
Entrepreneur Works Fund reported $1.3M in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Entrepreneur Works Fund tax-deductible?
Entrepreneur Works Fund is registered as a tax-exempt nonprofit (EIN: 232996139). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Entrepreneur Works Fund located?
Entrepreneur Works Fund is headquartered in Philadelphia, Pennsylvania and files with the IRS under EIN 232996139. It is classified under NTEE code S31.
How many years of IRS 990 filings does Entrepreneur Works Fund have?
Entrepreneur Works Fund has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.3M in total revenue.
Filing History
IRS 990 filing history for Entrepreneur Works Fund showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Entrepreneur Works Fund's revenue has grown by 166.4%, moving from $228K to $608K. Total assets increased by 226.6% over the same period, from $743K to $2.4M. Total functional expenses rose by 324%, from $210K to $889K. In its most recent filing year (2023), Entrepreneur Works Fund reported a deficit of $281K, with expenses exceeding revenue. The organization holds $833K in liabilities against $2.4M in assets (debt-to-asset ratio: 34.3%), resulting in net assets of $1.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $608K | $889K | $2.4M | $833K | — | View 990 |
| 2022 | $967K | $1.0M | $2.7M | $794K | — | View 990 |
| 2021 | $2.2M | $810K | $2.5M | $573K | — | View 990 |
| 2020 | $715K | $636K | $1.4M | $855K | — | View 990 |
| 2019 | $560K | $644K | $1.3M | $755K | — | View 990 |
| 2018 | $527K | $600K | $1.1M | $535K | — | View 990 |
| 2017 | $650K | $537K | $1.2M | $549K | — | View 990 |
| 2016 | $407K | $541K | $1.0M | $455K | — | View 990 |
| 2015 | $535K | $475K | $1.1M | $442K | — | View 990 |
| 2014 | $555K | $441K | $1.1M | $429K | — | View 990 |
| 2013 | $388K | $333K | $941K | $442K | — | View 990 |
| 2012 | $335K | $302K | $684K | $240K | — | View 990 |
| 2011 | $228K | $210K | $743K | $332K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $608K, expenses of $889K, and assets of $2.4M (revenue -37.1% year-over-year).
- 2022: Revenue of $967K, expenses of $1.0M, and assets of $2.7M (revenue -55.1% year-over-year).
- 2021: Revenue of $2.2M, expenses of $810K, and assets of $2.5M (revenue +200.9% year-over-year).
- 2020: Revenue of $715K, expenses of $636K, and assets of $1.4M (revenue +27.7% year-over-year).
- 2019: Revenue of $560K, expenses of $644K, and assets of $1.3M (revenue +6.3% year-over-year).
- 2018: Revenue of $527K, expenses of $600K, and assets of $1.1M (revenue -19.0% year-over-year).
- 2017: Revenue of $650K, expenses of $537K, and assets of $1.2M (revenue +59.7% year-over-year).
- 2016: Revenue of $407K, expenses of $541K, and assets of $1.0M (revenue -24.0% year-over-year).
- 2015: Revenue of $535K, expenses of $475K, and assets of $1.1M (revenue -3.6% year-over-year).
- 2014: Revenue of $555K, expenses of $441K, and assets of $1.1M (revenue +43.2% year-over-year).
- 2013: Revenue of $388K, expenses of $333K, and assets of $941K (revenue +15.6% year-over-year).
- 2012: Revenue of $335K, expenses of $302K, and assets of $684K (revenue +47.0% year-over-year).
- 2011: Revenue of $228K, expenses of $210K, and assets of $743K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Entrepreneur Works Fund:
Data Sources and Methodology
This transparency report for Entrepreneur Works Fund is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.