Entrepreneurship for All Inc

Nonprofit profile at a glance

EIN
471858182
IRS 990 coverage
2016–2025
Forms available
Form 990 2025, Form 990-N 2014
Location
Lowell, MA, USA
Phone
8333367255
Rating
79
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Small Business Development

Official website

Reported finances

Revenue
$9,445,982
Expenses
$12,839,936
Assets
$3,327,722
Liabilities
$3,488,888

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

21 people listed

Executive titles in this filing

  • MERALIS HOOD (CEO/PRESIDENT)

Highest reported compensation

  • MERALIS HOOD (CEO/PRESIDENT): $324,479 total reported compensation
  • CARLETTA HILL (DIRECTOR OF HR): $288,722 total reported compensation
  • GARY CHAMBERLAIN (CHIEF TECHNOLOGY OFFICER): $277,894 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Entrepreneurship for all, inc. (eforall) is accelerating economic and social impact in communities nationwide through inclusive entrepreneurship.

What it reported doing in 2025

Entrepreneurship for all, inc. (eforall) (the organization) was incorporated on august 29, 2014, in Massachusetts in accordance with internal revenue code section 501(c)(3). Eforall is accelerating economic and social impact in communities nationwide through inclusive entrepreneurship. The organization achieves this mission through a high support model that combines immersive business training, mentorship, and an extensive professional support network to help under-represented individuals have a higher likelihood of success with their venture.the organization pursues its charitable objectives in communities nationwide through:**awareness building among low income, low education level, or unemployed residents providing access to resources, and non-english speaking programs;**training and support which will include hosting business accelerator programs and pitch contests for selected individuals aspiring to launch a new business or nonprofit;**providing access to resources including the provision of capital to accelerator program graduates;**spanish language programs engage underprivileged residents who do not speak english as a first language.

Operating model

Revenue model
Donor-supported. 88% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 93% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 76
  • Transparency & Controls: 83
  • Accountability: 94
  • Sustainability: 6
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 90.4%; rating input score 90
  • Program expense ratio: 66.5%; rating input score 67
  • Fundraising efficiency: $8.66 raised per $1 spent on fundraising; rating input score 31; 31st percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Pass
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 99.9%; rating input score 100; 48th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 90%; rating input score 90; 22nd percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -35.9%; rating input score 2; 2nd percentile among comparable filings
  • Total-asset coverage ratio: 0.26; rating input score 8; 8th percentile among comparable filings
  • Liabilities to assets ratio: 1.05; rating input score 2; 2nd percentile among comparable filings
  • Officer compensation ratio: 18.8%; rating input score 17; 17th percentile among comparable filings

Growth

  • Program expense growth: 21.7% per year; rating input score 100; 86th percentile among comparable filings
  • Revenue growth: 15% per year; rating input score 100; 80th percentile among comparable filings
  • Asset growth: 13.6% per year; rating input score 100; 70th percentile among comparable filings

Details

  • Where the money goes: 90.4% of revenue deployed · 66.5% of spending went to programs
  • Governance: 9 of 10 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $8.5M in reported program spending
  • Leadership: top reported pay $324K · 21 people listed · 3 of 6 pay-setting controls reported
  • Consistency: 35 of 35 current checks pass
  • Schedules: 6 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 9 filing years from 2016 to 2025
  • Contacts: How to reach this organization
  • Money network: 14 filed money-flow records
  • Related organizations: 3 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • Moderate — Financial Efficiency: Fundraising efficiency scored 31/100.
  • High — Sustainability: Operating margin scored 2/100.
  • High — Sustainability: Total-asset coverage ratio scored 8/100.
  • High — Sustainability: Liabilities to assets ratio scored 2/100.
  • High — Sustainability: Officer compensation ratio scored 17/100.
  • High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.