2025-02-18T13:57:16-08:00 2024-06-30 223209898 RUOTOLO SPEWAK & CO 101 CHESTNUT AVE MOUNT LAUREL NJ 08054 990 2023-07-01 232996139 ENTREPRENEUR WORKS FUND ENTR 2155453100 1617 JFK BLVD PHILADELPHIA PA 19103 LESLIE BENOLIEL PRESIDENT & CEO 2155453100 2025-02-18 true true JOSEPH P GREENFIELD CPA P01590177 8562731282 2025-02-18 2023 2025-03-06 01:10:19Z X LESLIE BENOLIEL 1617 JFK BLVD SUITE 1506 PHILADELPHIA PA 19103 1112977 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. 18 18 0 0 0 0 419806 927160 176600 99994 11346 45823 20000 607752 1092977 0 0 590085 655644 0 0 298661 300714 888746 956358 -280994 136619 2427490 3123360 832693 1391944 1594797 1731416 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 777035 0 99994 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. 777035 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 18 18 false false false false false false false true true false false true true true true true true false false false PA X ORGANIZATION 2155453100 1617 JFK BLVD SUITE 1506 PHILADELPHIA PA 19103 X LESLIE H BENOLIEL PRESIDENT & CEO 40.00 X X 0 88751 0 ANTOINETTE TRUEHART EXECUTIVE VICE PRESIDENT 40.00 X 0 76820 0 EARL BOYD SENIOR VICE PRESIDENT 40.00 X 0 80271 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 ROBERT JULIANO TREASURER 2.00 X X 0 0 0 SHELLY ANTHONY WHITE ASSISTANT SECRETARY 40.00 X 0 63489 0 JAMES TURNER SECRETARY 2.00 X 0 0 0 ANN DELAURA MEMBER 2.00 X 0 0 0 JEANNE FIELDS 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 FRANK TOOHEY MEMBER 2.00 X 0 0 0 WANDA BANKS GREEN MEMBER 2.00 X 0 0 0 SONEYET MUHAMMAD 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 309331 0 false false false 331000 596160 927160 CONTRACT INCOME 525990 40000 0 0 INTEREST FROM LOANS 525990 33316 0 0 LOAN & OTHER FEES 525990 26678 0 0 99994 45823 0 45823 40000 20000 20000 0 20000 1092977 99994 0 65823 309331 241278 68053 0 202071 157616 44455 0 75727 59067 16660 0 68515 53442 15073 0 22055 22055 0 0 68387 68387 0 0 10591 8261 2330 0 10547 10547 0 0 43368 33827 9541 0 6809 5311 1498 0 10639 10639 0 0 14524 0 14524 0 11400 8892 2508 0 INCREASE IN LOAN LOSS ALLOWANCE 35247 35247 0 0 GRANT PORTION OF FORGIVABLE LOAN 32518 32518 0 0 TELEPHONE / INTERNET 12815 9996 2819 0 DUES AND SUBSCRIPTIONS 6939 5412 1527 0 14875 14540 335 0 956358 777035 179323 0 11979 111377 1951118 2371037 58676 48676 0 5000 363166 551303 4948 12888 107260 84580 37204 22680 399 399 2427490 3123360 45579 47436 787114 1344508 832693 1391944 X 869267 1287869 725530 443547 1594797 1731416 2427490 3123360 136619 X X false true X false false X 0 0 569808 1989636 905935 374684 927160 4767223 19091 41824 17074 176600 136755 391344 0 0 588899 2031460 923009 551284 1063915 5158567 50000 438343 120889 108368 148729 866329 0 50000 438343 120889 108368 148729 866329 4292238 7876 6283 4200 11346 45823 75528 7876 6283 4200 11346 45823 75528 1261 150 0 0 3239 4650 5238745 0.81930 0.82160 0.01440 0.00740 X Pt III Ln 12 Other Income Part III, Line 12 Description: MISCELLANEOUS 2019: 1261. 2020: 150. 2021: 0. 2022: 0. 2023: 3239. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 107260 84580 22680 22680 0 DUE TO RELATED ENTITY 444508 LONG-TERM DEBT 900000 1344508 X 1092977 1092977 1092977 956358 956358 956358 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. EWFs 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, 2024. Pt VI, Line 8b The Organizations 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 Organizations governing documents and financial statements are available to the public in the Organizations office upon request. Pt XII, Line 2c The Board of directors oversee the audit. Pt VI, Line 11b The Organizations board of directors and President/CEO review the 990 together to verify the amounts reported agree with the Organizations 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 Organiztions by-laws. Pt VI, Line 12c The board members sign and annual conflict of interest policy with the Organization.