Small Enterprise Assistance Funds
Small Enterprise Assistance Funds reports recent operating deficits while maintaining substantial assets and 0% officer compensation.
EIN: 133535334 · Washington, DC · NTEE: S122 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $8.5M |
| Total Expenses | $9.7M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $10 |
| Net Assets | $4.2M |
| Transparency Score | 85/100 |
Is Small Enterprise Assistance Funds Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Small Enterprise Assistance Funds directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Small Enterprise Assistance Funds
Small Enterprise Assistance Funds (EIN: 133535334) is a nonprofit organization based in Washington, DC, classified under NTEE code S122. The organization reported total revenue of $8.5M and total assets of $39.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Small Enterprise Assistance Funds's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Small Enterprise Assistance Funds is a mid-size nonprofit that has been operating for 36 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of -5.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $8.5M |
| Total Expenses | $9.7M |
| Surplus / Deficit | $-1,237,739 |
| Total Assets | $38.2M |
| Total Liabilities | $34.0M |
| Net Assets | $4.2M |
| Operating Margin | -14.6% |
| Debt-to-Asset Ratio | 88.9% |
| Months of Reserves | 47.3 months |
Financial Health Grade: C
In 2023, Small Enterprise Assistance Funds reported a deficit of $1.2M with expenses exceeding revenue, holds 47.3 months of operating reserves (strong position), has a debt-to-asset ratio of 88.9% (high leverage).
Financial Trends
Over 14 years of filings (2010–2023), Small Enterprise Assistance Funds's revenue has declined at a compound annual growth rate (CAGR) of -5.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -8.5% | -2.2% | +18.5% |
| 2022 | +25.4% | -19.7% | +11.3% |
| 2021 | -56.2% | -13.2% | +5.8% |
| 2020 | -15.1% | -16.8% | +12.1% |
| 2019 | -8.9% | +15.7% | -11.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1990 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Small Enterprise Assistance Funds with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Small Enterprise Assistance Funds allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $1.2M, with expenses exceeding revenue.
- Debt-to-asset ratio: 88.9%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, which is highly unusual for an organization with annual expenses often exceeding $10 million. This suggests either a fully volunteer executive leadership or compensation structured in a way not reported as officer compensation on the 990.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Small Enterprise Assistance Funds's IRS 990 filings:
- Consistent operating deficits in recent years (2021-2023), with expenses exceeding revenue.
- Significant decline in revenue from a peak of $21.7 million in 2018 to $8.4 million in 2023.
- Unusually consistent 0% officer compensation, which may warrant further investigation into executive compensation structures.
Strengths
The following positive indicators were identified for Small Enterprise Assistance Funds:
- Substantial asset base ($39,225,122 in 2023) provides financial resilience despite operating deficits.
- Long filing history (14 filings) indicates established operations and consistent reporting.
- Focus on small enterprise assistance (NTEE S122) aligns with a clear mission.
Frequently Asked Questions about Small Enterprise Assistance Funds
Is Small Enterprise Assistance Funds a legitimate charity?
Small Enterprise Assistance Funds (EIN: 133535334) is a registered tax-exempt nonprofit based in Washington DC. Our AI analysis gives it a Mission Score of 85/100. It has 14 years of IRS 990 filings on record. Total revenue: $8.5M. 3 red flags identified. 3 strengths noted. Financial health grade: C.
How does Small Enterprise Assistance Funds spend its money?
Small Enterprise Assistance Funds directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Small Enterprise Assistance Funds tax-deductible?
Small Enterprise Assistance Funds is registered as a tax-exempt nonprofit (EIN: 133535334). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Small Enterprise Assistance Funds CEO make?
Small Enterprise Assistance Funds's highest-compensated officer earns $10 annually. The organization reported $8.5M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Small Enterprise Assistance Funds's spending goes to programs?
Small Enterprise Assistance Funds directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Small Enterprise Assistance Funds compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Small Enterprise Assistance Funds is above average for NTEE category S122 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Small Enterprise Assistance Funds located?
Small Enterprise Assistance Funds is headquartered in Washington, Washington DC and files with the IRS under EIN 133535334. It is classified under NTEE code S122.
How many years of IRS 990 filings does Small Enterprise Assistance Funds have?
Small Enterprise Assistance Funds has 14 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 $8.5M in total revenue.
Is Small Enterprise Assistance Funds financially stable given recent deficits?
While SEAF has reported expenses exceeding revenue in recent years (e.g., $9,697,385 expenses vs. $8,459,646 revenue in 2023), its substantial asset base of $39,225,122 provides a significant buffer, indicating a degree of financial stability despite short-term operating deficits.
How does SEAF manage to operate with 0% officer compensation?
The consistent reporting of 0% officer compensation across all filings is highly unusual for an organization of this size. This could imply that executive leadership is entirely volunteer, compensated through a related entity, or that compensation is structured in a way that does not fall under the 'officer compensation' category on the IRS 990.
What is the trend in SEAF's revenue and expenses over the past decade?
SEAF's revenue and expenses have shown significant fluctuations. Revenue peaked around $21.7 million in 2018 and has since declined to $8.4 million in 2023. Expenses also peaked around $18.9 million in 2016 and have recently been around $9-10 million, often exceeding revenue in the last three years.
Filing History
IRS 990 filing history for Small Enterprise Assistance Funds showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Small Enterprise Assistance Funds's revenue has declined by 51.8%, moving from $17.6M to $8.5M. Total assets decreased by 16.4% over the same period, from $45.7M to $38.2M. Total functional expenses fell by 44.6%, from $17.5M to $9.7M. In its most recent filing year (2023), Small Enterprise Assistance Funds reported a deficit of $1.2M, with expenses exceeding revenue. The organization holds $34.0M in liabilities against $38.2M in assets (debt-to-asset ratio: 88.9%), resulting in net assets of $4.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $8.5M | $9.7M | $38.2M | $34.0M | — | View 990 |
| 2022 | $9.2M | $9.9M | $32.3M | $27.3M | — | View 990 |
| 2021 | $7.4M | $12.3M | $29.0M | $22.2M | — | View 990 |
| 2020 | $16.8M | $14.2M | $27.4M | $17.2M | — | View 990 |
| 2019 | $19.8M | $17.1M | $24.4M | $16.3M | — | View 990 |
| 2018 | $21.8M | $14.8M | $27.6M | $18.0M | — | View 990 |
| 2017 | $12.2M | $17.8M | $59.8M | $49.1M | — | View 990 |
| 2016 | $15.7M | $19.0M | $56.5M | $49.8M | — | View 990 |
| 2015 | $21.0M | $18.8M | $58.3M | $48.9M | — | View 990 |
| 2014 | $18.9M | $18.2M | $54.7M | $45.5M | — | View 990 |
| 2013 | $0 | $0 | $8.2M | $0 | — | View 990 |
| 2012 | $21.3M | $20.1M | $55.1M | $46.9M | — | View 990 |
| 2011 | $20.7M | $21.0M | $47.3M | $40.9M | — | View 990 |
| 2010 | $17.6M | $17.5M | $45.7M | $34.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $8.5M, expenses of $9.7M, and assets of $38.2M (revenue -8.5% year-over-year).
- 2022: Revenue of $9.2M, expenses of $9.9M, and assets of $32.3M (revenue +25.4% year-over-year).
- 2021: Revenue of $7.4M, expenses of $12.3M, and assets of $29.0M (revenue -56.2% year-over-year).
- 2020: Revenue of $16.8M, expenses of $14.2M, and assets of $27.4M (revenue -15.1% year-over-year).
- 2019: Revenue of $19.8M, expenses of $17.1M, and assets of $24.4M (revenue -8.9% year-over-year).
- 2018: Revenue of $21.8M, expenses of $14.8M, and assets of $27.6M (revenue +78.1% year-over-year).
- 2017: Revenue of $12.2M, expenses of $17.8M, and assets of $59.8M (revenue -22.4% year-over-year).
- 2016: Revenue of $15.7M, expenses of $19.0M, and assets of $56.5M (revenue -25.0% year-over-year).
- 2015: Revenue of $21.0M, expenses of $18.8M, and assets of $58.3M (revenue +11.0% year-over-year).
- 2014: Revenue of $18.9M, expenses of $18.2M, and assets of $54.7M.
- 2013: Revenue of $0, expenses of $0, and assets of $8.2M (revenue -100.0% year-over-year).
- 2012: Revenue of $21.3M, expenses of $20.1M, and assets of $55.1M (revenue +3.4% year-over-year).
- 2011: Revenue of $20.7M, expenses of $21.0M, and assets of $47.3M (revenue +17.6% year-over-year).
- 2010: Revenue of $17.6M, expenses of $17.5M, and assets of $45.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Small Enterprise Assistance Funds:
Data Sources and Methodology
This transparency report for Small Enterprise Assistance Funds 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.