Foundation for Small Business Development

Nonprofit profile at a glance

EIN
541776460
IRS 990-EZ coverage
2018–2024
Forms available
Form 990-EZ 2024, Form 990-N 2017
Location
Warrenton, VA, USA
Phone
7039302961
Rating confidence
Limited
Sector
Scholarships, Student Financial Aid Services, Awards

Official website

Reported finances

Expenses
$1,839
Assets
$114,708
Liabilities
$50

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • CHARLES TEE ROWE (PRESIDENT)

People named in this filing

  • CHARLES TEE ROWE (PRESIDENT)
  • BYRON HICKS (BOARD MEMBER)
  • KIM KINDSCHI (BOARD MEMBER)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The foundation for small business development is a tax-exempt, internal revenue code section 501 (c) (3), not-for-profit, organization formed and operated primarily for the expansion of research, education and assistance to small businesses in the united states of america.

What it reported doing in 2024

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.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 82
  • Sustainability: 36
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: 62.38; rating input score 90; 90th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 29; 29th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 51; 51st percentile among comparable filings

Growth

  • Program expense growth: 19.2% per year; rating input score 100; 84th percentile among comparable filings
  • Revenue growth: -66.9% per year; rating input score 0; 13th percentile among comparable filings
  • Asset growth: -7% per year; rating input score 0; 48th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 4 of 4 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 6 filing years from 2018 to 2024
  • Contacts: How to reach this organization
  • Related organizations: Filed and resolved organization relationships.
  • 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.

Key Signals

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

  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 29/100.
  • Review — Sustainability: Officer compensation ratio scored 51/100.