2024-02-02T10:12:13-08:00 2023-06-30 223209898 RUOTOLO SPEWAK & CO 101 CHESTNUT AVE MOUNT LAUREL NJ 08054 990 2022-07-01 232996139 ENTREPRENEUR WORKS FUND ENTR 2155453100 400 MARKET STREET PHILADELPHIA PA 19106 LESLIE BENOLIEL PRESIDENT & CEO 2155453100 2024-02-02 true LESLIE BENOLIEL XXX-XX-XXXX true JOSEPH P GREENFIELD CPA P01590177 8562731282 2024-02-02 3 AAL1 IAL1 FAL1 2022 2023-04-26 12:10:37Z LESLIE BENOLIEL 400 MARKET STREET SUITE 210 PHILADELPHIA PA 19106 607752 false X WWW.MYENTREPRENEURWORKS.ORG X 1998 PA ENTREPRENEUR WORKS FUND CREATES PATHWAYS OF OPPORTUNITY FOR TALENTED YET UNDERSERVED ENTREPRENEURS IN THE GREATER PHILADELPHIA REGION BY PROVIDING THEM WITH SMALL BUSINESS LOANS, TRAINING, ADVICE AND RELATED BUSINESS SUPPORT SERVICES. 19 19 0 0 0 0 945689 419806 17074 176600 4200 11346 0 966963 607752 0 0 529397 590085 0 0 489757 298661 1019154 888746 -52191 -280994 2669929 2427490 794138 832693 1875791 1594797 ENTREPRENEUR WORKS FUND CREATES PATHWAYS OF OPPORTUNITY FOR TALENTED YET UNDERSERVED ENTREPRENEURS IN THE GREATER PHILADELPHIA REGION BY PROVIDING THEM WITH SMALL BUSINESS LOANS, TRAINING, ADVICE AND RELATED BUSINESS SUPPORT SERVICES. false false 718767 0 176600 ORGANIZATION PROVIDED MICROLOANS AND BUSINESS TRAINING AND SUPPORT SERVICES TO UNDERSERVED ENTREPRENEURS AND SMALL BUSINESSES OPERATING MOSTLY IN DISTRESSED COMMUNITIES IN THE GREATER PHILADELPHIA REGIONS. 718767 true true false false false false false false false false true false false false true true true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 0 0 0 true false false false false false false false false false false false false false false false X 19 19 false false false false false false false true true false false true true true true true true false false false PA X ORGANIZATION 2155453100 400 MARKET STREET SUITE 210 PHILADELPHIA PA 19106 X LESLIE H BENOLIEL PRESIDENT & CEO 40.00 X X 0 75461 0 ANTOINETTE TRUEHART EXECUTIVE VICE PRESIDENT 40.00 X X 0 71626 0 EARL BOYD SENIOR VICE PRESIDENT 40.00 X X 0 75381 0 JERRY COTLOV CHAIR 2.00 X X 0 0 0 WILLIAM SMITH VICE CHAIR 2.00 X X 0 0 0 JAMES HARTLING VICE CHAIR 2.00 X X 0 0 0 FRANK TOOHEY TREASURER 2.00 X X 0 0 0 SHELLY ANTHONY WHITE ASSISTANT SECRETARY 2.00 X X 0 58613 0 JAMES TURNER SECRETARY 2.00 X 0 0 0 VAUGHN TAYLOR MEMBER 2.00 X 0 0 0 ANN DELAURA MEMBER 2.00 X 0 0 0 JEANNE FIELDS MEMBER 2.00 X 0 0 0 SHARON SLATER MEMBER 2.00 X 0 0 0 SHARMAIN MATLOCK-TURNER MEMBER 2.00 X 0 0 0 LARRY BELL MEMBER 2.00 X 0 0 0 JAMES WRIGHT MEMBER 2.00 X 0 0 0 RICK YOUNG MEMBER 2.00 X 0 0 0 ROBERT JULIANO MEMBER 2.00 X 0 0 0 MEGAN DUGAN MEMBER 2.00 X 0 0 0 LARA FALUSI MEMBER 2.00 X 0 0 0 ARTHUR GIMENEZ MEMBER 2.00 X 0 0 0 DANA CROOK MEMBER 2.00 X 0 0 0 0 281081 0 false false false 45122 55000 319684 419806 CONTRACT INCOME 525990 145469 0 0 INTEREST FROM LOANS 525990 23426 0 0 LOAN & OTHER FEES 525990 7705 0 0 176600 11346 0 11346 607752 176600 0 11346 281081 219243 61838 0 179185 139764 39421 0 68155 53161 14994 0 61664 48098 13566 0 8230 8230 0 0 20818 20818 0 0 70118 70118 0 0 10000 7800 2200 0 9795 7640 2155 0 9833 9833 0 0 42310 33002 9308 0 12743 9940 2803 0 6889 6889 0 0 16693 0 16693 0 10972 8558 2414 0 INCREASE IN LOAN LOSS ALLOWANCE 40677 40677 0 0 BAD DEBT EXPENSE 15214 15214 0 0 TELEPHONE / INTERNET 13044 10174 2870 0 DUES AND SUBSCRIPTIONS 7804 6087 1717 0 3521 3521 0 0 888746 718767 169979 0 12174 11979 2154664 1951118 324416 58676 1258 0 137645 363166 14791 4948 107260 70056 24981 37204 0 399 2669929 2427490 44343 45579 749795 787114 794138 832693 X 675363 869267 1200428 725530 1875791 1594797 2669929 2427490 -280994 X X false true X false false X 0 0 579671 569808 1989636 905935 374684 4419734 37798 19091 41824 17074 176600 292387 0 0 617469 588899 2031460 923009 551284 4712121 92500 50000 438343 120889 108368 810100 0 92500 50000 438343 120889 108368 810100 3902021 5553 7876 6283 4200 11346 35258 5553 7876 6283 4200 11346 35258 627 1261 150 0 0 2038 4749417 0.82160 0.81910 0.00740 0.00590 X Pt III Ln 12 Other Income Part III, Line 12 Description: MISCELLANEOUS 2018: 627. 2019: 1261. 2020: 150. 2021: 0. 2022: 0. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 107260 70056 37204 37204 0 DUE TO RELATED ENTITY 87114 LONG-TERM DEBT 700000 787114 X 607752 607752 607752 888746 888746 888746 Pt X, Line 2 EWF is a publicly supported organization and is exempt from federal income tax under Section 501(a) of the Internal Revenue Code as an organization described in Section 501(c)(3). Donors may deduct contributions to EWF in accordance with the provisions of Section 170 of the Code. Accordingly, no provision for income taxes is provided. EWF has reviewed tax positions taken in filings with federal and state jurisdictions and believes those positions would be sustained should the filings be examined by the relevant taxing authority. For federal income tax purposes, the returns remain open for possible examination three years after they are filed. EWF's policy is to recognize interest and penalties on unrecognized tax benefits in other expense in the statement of activities. No interest and penalties were recorded during the year ended June 30, 2023. Pt VI, Line 8b The Organization's board of directors meet regularly and take minutes of all meetings. Pt VII, Col (F) The President/CEO and Treasurer review the 990. Pt VI, Line 19 The Organization's governing documents and financial statements are available to the public in the Organization's office upon request. Pt XII, Line 2c The Board of directors oversee the audit. Pt VI, Line 11b The Organization's board of directors and President/CEO review the 990 together to verify the amounts reported agree with the Organization's audited financial statements for the year and all questions are answered correctly. Pt VI, Line 8b The Executive Committee has authority to act on behalf of the governing board as noted in the Organiztion's by-laws. Pt VI, Line 12c The board members sign and annual conflict of interest policy with the Organization.