2024-07-30T14:43:35+00:00 2023-12-31 363990892 Capin Crouse LLP 3200 E Guasti Road Suite 230 Ontario CA 91761 990 2023-01-01 030576666 Small Business Majority Foundation Inc SMAL 2028288357 1015 15th Street NW 450 Washington DC 20005 John Arensmeyer Founder & CEO 2028288357 2024-07-30 true Ashley Peabody P01385870 5055022746 2024-07-30 2023 2024-08-08 14:25:15Z Small Business Majority John Arensmeyer 1015 15th Street NW 450 Washington DC 20005 5328598 false X www.smallbusinessmajority.org X 2005 DC Support America's 35 million small businesses via public policy advocacy and practical resources. 4 3 36 3 0 0 4148658 5160035 0 0 669 128826 700618 39090 4849945 5327951 0 0 0 0 3678596 4166133 0 0 410208 721938 961683 4400534 5127816 449411 200135 7051488 9077609 4961916 6787902 2089572 2289707 Small Business Majority is a national small business advocacy organization, founded by small business owners to ensure that small businesses are at the heart of a thriving, inclusive economy. We actively engage small business owners across America to drive smart public policy and get entrepreneurs the resources they need to thrive. false false 2983475 Outreach, Education & Advocacy - We conduct outreach from our offices in Washington, DC, California, Colorado, Georgia, Illinois, and New Mexico, with a focus on serving the needs of small business owners who face systemic barriers including women, people of color, immigrants, and those operating in rural areas. We provide a suite of educational programs and resources to empower entrepreneurs to start and grow their enterprises and maximize their economic prosperity on topics like access to responsible capital, healthcare and other essential benefits, and level playing field. Furthermore, we provide small business owners opportunities to advocate for public policy changes in these areas that advance entrepreneurship. Our network is comprised of 85,000 small business owners and more than 1,500 business organizations. Our work is guided by national and state small business councils of active small business owners. 841837 Communications - We communicate our message to policymakers and the media via extensive public relations efforts targeting mainstream electronic, print, and online media. Our work includes one-on-one communication with reporters, press releases, op-eds, letters to the editor, multiple web sites, a bi-weekly newsletter, and daily communication via a host of social media channels. 380074 Research - We conduct wide-ranging research to understand small business owners' needs, challenges, and opportunities. Focused on uncovering the perspectives of businesses owned by people of color, women, and other under-resourced entrepreneurs, we communicate our findings to policymakers, the media, and other stakeholders. Our research products include scientific opinion polling, internal network surveys, focus groups, and roundtable discussions. We work with academic and other research institutions to aggregate and synthesize data to better understand the challenges faced by under-resourced entrepreneurs and assess the benefit of public policies and targeted resource interventions. 4205386 true true false true false false false false false true false false true true false true false false false false false false false false false false false false true false false false false false false false false false false false false false false false false false true 13 0 true 36 true false false false false false false false false false false false false X 4 3 false false false false false false false true true false false true true true true true true true true false CA CO DC GA IL NY OH X Kathleen Berry 2028288357 1015 15th Street NW Suite 450 Washington DC 20005 John Arensmeyer Founder & CEO 60.0 X X 312035 0 12976 Ken Henderson Director 1.0 X 0 0 0 LaJuanna Russell Director 1.0 X 0 0 0 Paul Quintero Director 1.0 X 0 0 0 Kathleen Berry Secretary/Treasurer/VP, Operations 40.0 X 171188 0 5075 Brian Pifer Vice President, Research & Insights 60.0 X 156070 0 31622 Cassie Mills Vice President, Communications 60.0 X 167098 0 21147 David Chase Vice President, Policy & Advocacy 60.0 X 183098 0 9698 Mark Herbert Chief Strategy Officer 60.0 X 222689 0 34340 Xiomara Pena Vice Pesident, Programs & Engagement 60.0 X 175850 0 26575 1388028 0 141433 16 false true false 0 5160035 5160035 0 0 0 0 0 128826 128826 0 0 647 647 0 0 39090 0 0 39090 39090 5327951 0 0 167916 501274 401707 55289 44278 3080498 2468626 339771 272101 40903 32779 4511 3613 276598 221658 30508 24432 266860 213854 29434 23572 299 240 33 26 30070 24097 3317 2656 80041 80041 166265 166265 0 0 19837 15898 2187 1752 32901 26366 3629 2906 189750 152060 20929 16761 150015 149078 520 417 145270 116415 16023 12832 15804 12665 1743 1396 10782 8641 1189 952 Other Projects 92190 92190 Recruiting 28459 22806 3139 2514 0 0 0 0 5127816 4205386 512222 410208 760485 1410694 3501133 55342 1976636 1864557 0 0 0 0 0 0 0 71391 68895 90202 57538 34073 32664 0 5081243 0 0 0 707770 564214 7051488 9077609 109071 118305 0 4107609 6080770 0 0 0 0 0 0 745236 588827 4961916 6787902 X 2089572 2289707 0 2089572 2289707 7051488 9077609 200135 0 X false true X true false X 3108621 4116837 5043854 4148658 5160035 21578005 0 0 3108621 4116837 5043854 4148658 5160035 21578005 6172495 15405510 408 281 315 902 128826 130732 0 12351 4416 7422 700618 39090 763897 22472634 0 0.6855 0.6288 X Schedule A, Part II, Line 10 Other Income DESCRIPTION - MISC INCOME, COLUMN A - 12351.0, COLUMN B - 4416.0, COLUMN C - 7422.0, COLUMN D - 6482.0, COLUMN E - 39090.0, COLUMN F - 69761.0; DESCRIPTION - EMPLOYEE RETENTION CREDIT, COLUMN A - , COLUMN B - , COLUMN C - , COLUMN D - 694136.0, COLUMN E - , COLUMN F - 694136.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 88426 44591 133017 4994799 5127816 406391 0 101598 0 0 293798 347844 370027 406391 1418060 2127090 69192 63528 39282 133017 305019 73450 86961 92507 101598 354516 531774 12066 16279 5861 88426 122632 90202 57538 32664 32664 Security Deposits 51763 Operating lease - right-of-use assets 512451 564214 Operating lease obligations 588827 588827 5423250 95299 0 95299 5327951 0 0 5327951 5223115 95299 0 95299 5127816 0 0 5127816 X X X X false false false false false false false true false John Arensmeyer Founder & CEO 312035 0 0 0 0 0 2000 0 10976 0 325011 0 0 0 Kathleen Berry Secretary/Treasurer/VP, Operations 161188 0 10000 0 0 0 2000 0 3075 0 176263 0 0 0 Mark Herbert Chief Strategy Officer 197689 0 25000 0 0 0 0 0 34340 0 257029 0 0 0 Xiomara Pena Vice Pesident, Programs & Engagement 170850 0 5000 0 0 0 1200 0 25375 0 202425 0 0 0 David Chase Vice President, Policy & Advocacy 183098 0 0 0 0 0 2000 0 7698 0 192796 0 0 0 Cassie Mills Vice President, Communications 162098 0 5000 0 0 0 2000 0 19147 0 188245 0 0 0 Brian Pifer Vice President, Research & Insights 156070 0 0 0 0 0 2000 0 29622 0 187692 0 0 0 Schedule J, Part I, Line 7 Non-fixed payments The organization made nonfixed payments in the form of discretionary bonuses. Form 990, Part VI, Line 11b Review of form 990 by governing body The Form 990 is prepared by an independent CPA firm. It is reviewed in detail by the CEO and VP of Operations, and then every member of the governing body reviews the return prior to electronic filing with the IRS. Form 990, Part VI, Line 12c Conflict of interest policy Each director, principal officer, and member of a committee with governing board delegated powers annually signs a conflict of interest statement which is reviewed by the CEO and VP of Operations. Conflict of interest statements for the CEO and VP of Operations are reviewed by the Board of Directors. The organization performs periodic reviews to ensure that the policy is being followed. Should any potential conflicts of interest be disclosed, the director or officer would be asked to refrain from participation in any decision with regard to matters affected by the relationship. Form 990, Part VI, Line 15a Process to establish compensation of top management official The compensation for the CEO is determined by the majority of the disinterested members of the Board, in accordance with Article V of the conflict of interest policy. The decision to award such compensation was based upon a survey of comparable non-profit CEO compensation taken from Guidestar. The approval process is documented in the minutes. Form 990, Part VI, Line 15b Process to establish compensation of other employees The compensation for other officers is determined by a majority vote of the disinterested members of the Board. Comparability data is used, and the approval process is documented in the minutes. Form 990, Part VI, Line 19 Required documents available to the public The organization's governing documents, conflict of interest policy, and financial statements are available upon request. Form 990, Part VIII, Line 11d Other Miscellaneous Revenue Misc Revenue - Total Revenue: 39090, Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: 39090;