ENTERPRISE CENTER

PHILADELPHIA, PA, 19139-3610 (215) 895-4000 Est. 1989 EIN 23-2575901

S31Z— Community Improvement Form 990 501(c)(3)

Mission

THE ENTERPRISE CENTER'S MISSION IS TO CULTIVATE AND INVEST IN MINORITY ENTREPRENEURS TO INSPIRE WORKING TOGETHER FOR ECONOMIC GROWTH IN COMMUNITIES.

Giving Portfolio

Total Grants

1

Total Giving

$20K

Recipients

1

Years Active

2022

Avg grant: $20,000 Median: $20,000

Top States

Pennsylvania

1

Top Grantees

HONEYSUCKLE PROJECTS LLC

PA

$20K

Financials

Total Revenue

$5,191,987

Total Expenses

$4,739,912

Net Assets

$17,510,262

45 employees 40 volunteers

From latest filing (tax period ending 2023-06-30)

Financial Health

Operating Reserve

3.7 years Healthy

Net assets / monthly expenses

Year-over-Year Change

Revenue ↓ 18.3%

Expenses ↑ 18.7%

Revenue Sources

Contributions 84.8% Earned revenue 10.8% Investment 4.3%

Expense Breakdown

Program 68.5% Management 27.9% Fundraising 3.6%

Officers & Trustees (12)

Sign up free to see all officers. We treat individual compensation with extra care; named amounts are on Grow plans.

Filing History (4 filings)

Year	Revenue	Expenses	Net Assets
2022 Form 990 Jul 1, 2022 to Jun 30, 2023	$5,191,987 ↓	$4,739,912	$17,510,262
2021 Form 990 Jul 1, 2021 to Jun 30, 2022	$6,353,979 ↓	$3,992,399	$19,995,826
2020 Form 990 Jul 1, 2020 to Jun 30, 2021	$14,297,548 ↑	$4,654,691	$14,190,277
2017 Form 990 Jul 1, 2017 to Jun 30, 2018	$1,966,897	$1,783,148	$2,935,714