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Nonprofit · EIN 13-3535334

SMALL ENTERPRISE ASSISTANCE FUNDS

Tax-exempt · WASHINGTON, DC 20005

Financials

$8.5M$9.7M2023$8.5M$9.8M2024
Revenue Expenses · by fiscal year end
Financials of SMALL ENTERPRISE ASSISTANCE FUNDS by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$8,480,601$9,824,385-$1,343,784$39,225,122$34,608,864$4,616,258
December 31, 2023990$8,459,646$9,697,385-$1,237,739$38,248,042$34,002,778$4,245,264
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$5,376,261
of which government grants
$2,895,278
Program service revenue
$2,975,136
Investment income
$129,204
Other revenue
$0

Expenses

Grants and similar amounts paid
$279,184
Compensation of officers, directors and key employees
$943,606
Other salaries and wages
$2,050,662
Salaries, compensation and benefits (total)
$3,548,759
Professional fundraising fees
$0
Legal fees
$138,086
Accounting fees
$50,666
Occupancy
$437,793
Depreciation
$4,980
Program services (functional)
$6,036,848
Management and general (functional)
$3,787,537

Balance sheet and other

Total assets, start of year
$38,248,042
Total assets, end of year
$39,225,122
Total liabilities, end of year
$34,608,864
Net assets, end of year
$4,616,258
Land, buildings and equipment
$117,026
Net assets without donor restrictions
$4,616,258
Gross receipts
$8,480,601
Employees
17
Volunteers
7
Year formed
1989
State of legal domicile
NY

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
HUBERTUS VAN DER VAARTPRESIDENT
Trustee or director, Officer
40$323,930$15,000
ROBERT VODICKATREASURER
Officer
40$211,833$10,000
PETER RIGHICEED GLOBAL DIRECTOR
Highest-paid employee
40$210,332$10,016
GARY DODGEMANAGING DIRECTOR
Highest-paid employee
40$155,257$7,238
JAVED HAMIDCHAIRMAN
Trustee or director, Officer
1$0$0
ALPHONSUS MARCELISDIRECTOR
Trustee or director
1$0$0
SARAH ALEXANDERDIRECTOR
Trustee or director
1$0$0
HILARY HADDIGANDIRECTOR
Trustee or director
1$0$0
PETER ZAKOWICHDIRECTOR
Trustee or director
1$0$0
YASMIN SAADATDIRECTOR
Trustee or director
1$0$0
PAUL SHEEHANDIRECTOR
Trustee or director
40$0$0
THOMAS MONACODIRECTOR
Trustee or director
40$0$0
JAN CHERIMDIRECTOR
Trustee or director
40$0$0
CHRISTINE PHILLPOTTSDIRECTOR
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 13 people
NameTitleHours / weekCompensationOther / benefits
HUBERTUS VAN DER VAARTPRESIDENT
Trustee or director, Officer
40$323,930$15,000
PETER RIGHICEED GLOBAL DIRECTOR
Highest-paid employee
40$210,332$10,016
ROBERT VODICKATREASURER
Highest-paid employee
40$210,000$10,000
GARY DODGEMANAGING DIRECTOR
Highest-paid employee
40$169,257$7,238
JAVED HAMIDCHAIRMAN
Trustee or director, Officer
1$0$0
JAN CHERIMDIRECTOR
Trustee or director
40$0$0
TOM MONACODIRECTOR
Trustee or director
40$0$0
PAUL SHEEHANDIRECTOR
Trustee or director
40$0$0
ALPHONSUS MARCELISDIRECTOR
Trustee or director
1$0$0
YASMIN SAADATDIRECTOR
Trustee or director
1$0$0
OSCAR CASTANEDADIRECTOR
Trustee or director
1$0$0
TERRY WYERDIRECTOR
Trustee or director
1$0$0
CHRISTINE PHILLPOTTSDIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
1500 K ST NW STE 375, WASHINGTON, DC 20005-1209
Principal officer (990 for 2024)
ROBERT VODICKA, 1500 K STREET NW, WASHINGTON, DC 20005
Signed the 990
HUBERTUS VAN DER VAART, VICE PRESIDENT
Phone
(202) 737-8463
Return prepared by
MILLERMUSMAR CPAS

Mission

SEAF'S MISSION IS IMPROVING LIVES AND COMMUNITIES THROUGH ENTREPRENEUR-LED DEVELOPMENT.

990 for the year ended December 31, 2024

Program accomplishments

  • THE SMALL ENTERPRISE ASSISTANCE FUNDS ON SEPTEMBER 1ST, 2015 ENTERED INTO A COOPERATIVE AGREEMENT FOR $3,898,099 WITH THE UNITED STATES AGENCY FOR INTERNATIONAL DEVELOPMENT TO ESTABLISH AN INVESTMENT MANAGEMENT COMPANY (IM) TO SUPPORT THE START- UP INVESTMENT ECOSYSTEM IN MOROCCO. AS PART OF THE PROGRAM ACTIVITIES, SEAF AGREED TO ESTABLISH AN IM AS A NEW WHOLLY OWNED SUBSIDIARY OF SEAF AND USE THE GRANT FUNDS TO MAKE PERIODIC CONTRIBUTIONS TO THE IM IN EXCHANGE FOR BEING ISSUED EQUITY INTERESTS IN THE IM.
    Expenses $6,036,848 · grants $279,184 · revenue $2,975,136
  • COLOMBIA AGRIBUSINESS : THE SMALL ENTERPRISE ASSISTANCE FUNDS ON MARCH 19TH, 2015 WAS AWARDED A $2,795,500 FROM THE UNITED STATES AGENCY FOR INTERNATIONAL DEVELOPMENT COLOMBIA MISSION TO ESTABLISH AN AGRIBUSINESS FUND WITH THE GOAL OF REALIZING SUSTAINABLE IMPACT THROUGH INVESTMENT AND DEVELOPMENT ACTIVITIES.
  • TANZANIA - ON SEPTEMBER 29, 2014, SEAF SIGNED AN AGREEMENT WITH USDA FOR THE FOOD FOR PROGRESS GRANT, FOCUSED ON THE COUNTRY OF TANZANIA. SEAF RECEIVED FUNDS THROUGH CCC AND MONETIZATION PROCEEDS. DURING 2015, SEAF MONETIZED THE FIRST 12,000 MT OF WHEAT. DURING 2016, SEAF MONETIZED 11,000 MT OF WHEAT. DURING 2017, SEAF MADE INVESTMENTS OF $2,000,000 INTO PORTFOLIO COMPANIES IN THE TANZANIA REGION. DURING 2019, SEAF MADE INVESTMENTS OF $1,150,000 INTO PORTFOLIO COMPANIES IN THE TANZANIA REGION. THE TOTAL CARRYING VALUE OF THE INVESTMENTS AS OF DECEMBER 31, 2023 AND 2022 WAS $725,081 AND $800,261 RESPECTIVELY.
  • INDIA AGRIBUSINESS FUND--SEAF INDIA AGRIBUSINESS INTERNATIONAL FUND (THE "INT'L FUND") WAS INCORPORATED ON 05 JUNE 2009 AND DOMICILED IN MAURITIUS. IN 2013, THE INTERNATIONAL FUND HAD ITS FINAL CLOSING WITH TOTAL COMMITMENTS OF $26,550,000 FROM SEVEN MEMBERS. THE INVESTMENT MANAGER OF THE INT'L FUND IS SEAF INVESTMENT MANAGEMENT COMPANY (SIMC), A PRIVATE COMPANY LIMITED BY SHARES INCORPORATED UNDER THE LAWS OF MAURITIUS ON JUNE 5, 2009 AND IS 100% OWNED BY SEAF. THE SEAF INDIA AGRIBUSINESS FUND (THE DOMESTIC FUND) IS STRUCTURED AS A SCHEME OF THE SEAF INDIA INVESTMENT TRUST, A CONTRIBUTORY TRUST UNDER THE PROVISIONS OF THE TRUSTS ACT, 1882, WHEREIN IL&FS TRUST COMPANY LIMITED, A COMPANY INCORPORATED UNDER THE COMPANIES ACT (1956), IS ACTING AS THE TRUSTEE OF THE TRUST. THE TRUSTEE HAS APPOINTED THE DOMESTIC FUND'S INVESTMENT MANAGER TO BE SEAF INDIA INVESTMENT ADVISORS PRIVATE LIMITED (IAC), AN INDIAN ENTITY ESTABLISHED BY SEAF.THE SMALL ENTERPRISE ASSISTANCE FUNDS ON OCTOBER 1ST, 2019 WAS AWARDED A $999,966 GRANT FROM THE U.S DEPARTMENT OF STATE TO PROMOTE THE FINTECH SECTOR IN MOROCCO AND TUNISIA BY TRAINING THE NEXT GENERATION OF ENTREPRENEURS AND INNOVATORS. THE PROJECT IS A 3 YEAR PROGRAM WHICH INCLUDES FOUR OBJECTIVES: 1) MOROCCAN AND TUNISIAN START-UPS INCREASE THEIR EXPERTISE IN MANAGEMENT AND SCALING UP 2) MOROCCAN AND TUNISIAN START-UPS GAIN ACCESS TO MARKETS THROUGH MATCHMAKING AND PARTNERSHIPS WITH U.S MARKETS. 3) MOROCCAN AND TUNISIAN START-UPS GAIN ACCESS TO FUNDING AND INVESTORS BY ENGAGING THE U.S PRIVATE SECTOR AS WELL AS MENA PRIVATE CORPORATIONS AND INVESTORS TO POTENTIALLY ADDRESS AREAS FOR IMPROVEMENT TO ENHANCE THE POSITION OF MOROCCAN AND TUNISIAN FINTECH SECTORS FOR INVESTMENT 4) U.S AND LOCAL PRIVATE SECTORS GAIN ACCESS TO TALENT OF MOROCCAN AND TUNISIAN START-UPS USING ACADEMIC ALUMNI ASSOCIATIONS.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
13-3535334
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1990
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$39,225,122
Income (IRS master file)
$8,480,601

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$8,480,601$9,824,385$39,225,122IRS
990-TDecember 2024–––IRS
990December 2023$8,459,646$9,697,385$38,248,042XML
990-TDecember 2023–––IRS
990December 2022$9,245,371$9,920,170$32,275,711IRS
990-TDecember 2022–––IRS
990December 2021–––IRS
990-TDecember 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 13-3535334).

Questions about SMALL ENTERPRISE ASSISTANCE FUNDS

What is the EIN of SMALL ENTERPRISE ASSISTANCE FUNDS?
The employer identification number (EIN) of SMALL ENTERPRISE ASSISTANCE FUNDS is 13-3535334.
Is SMALL ENTERPRISE ASSISTANCE FUNDS tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1990.
Are donations to SMALL ENTERPRISE ASSISTANCE FUNDS tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SMALL ENTERPRISE ASSISTANCE FUNDS file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of SMALL ENTERPRISE ASSISTANCE FUNDS due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SMALL ENTERPRISE ASSISTANCE FUNDS last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of SMALL ENTERPRISE ASSISTANCE FUNDS?
The 990 for the year ended December 31, 2024 names ROBERT VODICKA.
Who are the officers and directors of SMALL ENTERPRISE ASSISTANCE FUNDS?
The 990 for the year ended December 31, 2024 lists 14 people; 4 received compensation from the organization, the highest $323,930 (HUBERTUS VAN DER VAART, PRESIDENT).
How much revenue does SMALL ENTERPRISE ASSISTANCE FUNDS have?
On its 990 for the year ended December 31, 2024 it reported revenue of $8,480,601, expenses of $9,824,385 and total assets of $39,225,122 at year end.

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