Nonprofit · EIN 23-2996139
ENTREPRENEUR WORKS FUND
Tax-exempt · PHILADELPHIA, PA 19103
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,256,142 | $1,112,453 | $143,689 | $3,556,718 | $1,681,613 | $1,875,105 |
| June 30, 2024 | 990 | $1,092,977 | $956,358 | $136,619 | $3,123,360 | $1,391,944 | $1,731,416 |
| June 30, 2023 | 990 | $607,752 | $888,746 | -$280,994 | $2,427,490 | $832,693 | $1,594,797 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $1,017,828
- of which government grants
- $576,875
- Program service revenue
- $130,362
- Investment income
- $82,766
- Net income from fundraising events
- $25,186
- Other revenue
- $25,186
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $284,713
- Other salaries and wages
- $289,993
- Salaries, compensation and benefits (total)
- $736,802
- Professional fundraising fees
- $0
- Legal fees
- $7,916
- Accounting fees
- $24,735
- Occupancy
- $71,460
- Depreciation
- $13,496
- Program services (functional)
- $905,299
- Management and general (functional)
- $207,154
Balance sheet and other
- Total assets, start of year
- $3,123,360
- Total assets, end of year
- $3,556,718
- Total liabilities, end of year
- $1,681,613
- Net assets, end of year
- $1,875,105
- Land, buildings and equipment
- $9,184
- Net assets without donor restrictions
- $1,282,818
- Net assets with donor restrictions
- $592,287
- Gross receipts
- $1,308,006
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1998
- State of legal domicile
- PA
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| LESLIE H BENOLIEL | PRESIDENT & CEO Trustee or director, Officer | 40 | $0 | $88,286 |
| EARL BOYD | SENIOR VICE PRESIDENT Officer | 40 | $0 | $75,161 |
| ANTOINETTE TRUEHART | EXECUTIVE VICE PRESIDENT Officer | 40 | $0 | $71,756 |
| SHELLY ANTHONY WHITE | SECRETARY Trustee or director, Officer | 40 | $0 | $49,510 |
| JERRY COTLOV | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| WILLIAM SMITH | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| JAMES HARTLING | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| FRANK TOOHEY | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| JAMES TURNER | VICE CHAIR Trustee or director | 2 | $0 | $0 |
| ANN DELAURA | MEMBER Trustee or director | 2 | $0 | $0 |
| JEANNE FIELDS | MEMBER Trustee or director | 2 | $0 | $0 |
| SHARMAIN MATLOCK-TURNER | MEMBER Trustee or director | 2 | $0 | $0 |
| LARRY BELL | MEMBER Trustee or director | 2 | $0 | $0 |
| JAMES WRIGHT | MEMBER Trustee or director | 2 | $0 | $0 |
| RICK YOUNG | MEMBER Trustee or director | 2 | $0 | $0 |
7 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ROBERT JULIANO | MEMBER Trustee or director | 2 | $0 |
| WANDA BANKS GREEN | MEMBER Trustee or director | 2 | $0 |
| SONEYET MUHAMMAD | MEMBER Trustee or director | 2 | $0 |
| LARA FALUSI | MEMBER Trustee or director | 2 | $0 |
| ARTHUR GIMENEZ | MEMBER Trustee or director | 2 | $0 |
| DANA CROOK | MEMBER Trustee or director | 2 | $0 |
| MICHAEL WASHINGTON | MEMBER Trustee or director | 2 | $0 |
990 for the year ended June 30, 2024: 21 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| LESLIE H BENOLIEL | PRESIDENT & CEO Trustee or director, Officer | 40 | $0 | $88,751 |
| EARL BOYD | SENIOR VICE PRESIDENT Officer | 40 | $0 | $80,271 |
| ANTOINETTE TRUEHART | EXECUTIVE VICE PRESIDENT Officer | 40 | $0 | $76,820 |
| SHELLY ANTHONY WHITE | ASSISTANT SECRETARY Officer | 40 | $0 | $63,489 |
| JERRY COTLOV | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| WILLIAM SMITH | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| JAMES HARTLING | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| ROBERT JULIANO | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| JAMES TURNER | SECRETARY Trustee or director | 2 | $0 | $0 |
| ANN DELAURA | MEMBER Trustee or director | 2 | $0 | $0 |
| JEANNE FIELDS | MEMBER Trustee or director | 2 | $0 | $0 |
| SHARMAIN MATLOCK-TURNER | MEMBER Trustee or director | 2 | $0 | $0 |
| LARRY BELL | MEMBER Trustee or director | 2 | $0 | $0 |
| JAMES WRIGHT | MEMBER Trustee or director | 2 | $0 | $0 |
| RICK YOUNG | MEMBER Trustee or director | 2 | $0 | $0 |
| FRANK TOOHEY | MEMBER Trustee or director | 2 | $0 | $0 |
| WANDA BANKS GREEN | MEMBER Trustee or director | 2 | $0 | $0 |
| SONEYET MUHAMMAD | MEMBER Trustee or director | 2 | $0 | $0 |
| LARA FALUSI | MEMBER Trustee or director | 2 | $0 | $0 |
| ARTHUR GIMENEZ | MEMBER Trustee or director | 2 | $0 | $0 |
| DANA CROOK | MEMBER Trustee or director | 2 | $0 | $0 |
990 for the year ended June 30, 2023: 22 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| LESLIE H BENOLIEL | PRESIDENT & CEO Trustee or director, Officer | 40 | $0 | $75,461 |
| EARL BOYD | SENIOR VICE PRESIDENT Trustee or director, Officer | 40 | $0 | $75,381 |
| ANTOINETTE TRUEHART | EXECUTIVE VICE PRESIDENT Trustee or director, Officer | 40 | $0 | $71,626 |
| SHELLY ANTHONY WHITE | ASSISTANT SECRETARY Trustee or director, Officer | 2 | $0 | $58,613 |
| JERRY COTLOV | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| WILLIAM SMITH | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| JAMES HARTLING | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| FRANK TOOHEY | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| JAMES TURNER | SECRETARY Trustee or director | 2 | $0 | $0 |
| VAUGHN TAYLOR | MEMBER Trustee or director | 2 | $0 | $0 |
| ANN DELAURA | MEMBER Trustee or director | 2 | $0 | $0 |
| JEANNE FIELDS | MEMBER Trustee or director | 2 | $0 | $0 |
| SHARON SLATER | MEMBER Trustee or director | 2 | $0 | $0 |
| SHARMAIN MATLOCK-TURNER | MEMBER Trustee or director | 2 | $0 | $0 |
| LARRY BELL | MEMBER Trustee or director | 2 | $0 | $0 |
| JAMES WRIGHT | MEMBER Trustee or director | 2 | $0 | $0 |
| RICK YOUNG | MEMBER Trustee or director | 2 | $0 | $0 |
| ROBERT JULIANO | MEMBER Trustee or director | 2 | $0 | $0 |
| MEGAN DUGAN | MEMBER Trustee or director | 2 | $0 | $0 |
| LARA FALUSI | MEMBER Trustee or director | 2 | $0 | $0 |
| ARTHUR GIMENEZ | MEMBER Trustee or director | 2 | $0 | $0 |
| DANA CROOK | MEMBER Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1617 JFK BLVD, PHILADELPHIA, PA 19103-1821
- In care of
- % PHILA DEVELOPMENT PARTNERSHIP
- Principal officer (990 for 2024)
- LESLIE BENOLIEL, 1617 JFK BLVD SUITE 1506, PHILADELPHIA, PA 19103
- Signed the 990
- LESLIE BENOLIEL, PRESIDENT & CEO
- Phone
- (215) 545-3100
- Website
- WWW.MYENTREPRENEURWORKS.ORG
- Return prepared by
- RUOTOLO SPEWAK & CO
Mission
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.
Program accomplishments
- 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.Expenses $905,299 · revenue $85,206
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 23-2996139
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2014
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S31)
- Assets (IRS master file)
- $3,556,718
- Income (IRS master file)
- $1,308,006
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,256,142 | $1,112,453 | $3,556,718 | XML |
| 990 | June 2024 | $1,092,977 | $956,358 | $3,123,360 | XML |
| 990 | June 2023 | $607,752 | $888,746 | $2,427,490 | XML |
| 990 | June 2022 | $966,963 | $1,019,154 | $2,669,929 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 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 23-2996139).
Questions about ENTREPRENEUR WORKS FUND
- What is the EIN of ENTREPRENEUR WORKS FUND?
- The employer identification number (EIN) of ENTREPRENEUR WORKS FUND is 23-2996139.
- Is ENTREPRENEUR WORKS FUND tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
- Are donations to ENTREPRENEUR WORKS FUND tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ENTREPRENEUR WORKS FUND 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 ENTREPRENEUR WORKS FUND due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ENTREPRENEUR WORKS FUND last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of ENTREPRENEUR WORKS FUND?
- The 990 for the year ended June 30, 2025 names LESLIE BENOLIEL.
- Who are the officers and directors of ENTREPRENEUR WORKS FUND?
- The 990 for the year ended June 30, 2025 lists 22 people; 0 received compensation from the organization.
- How much revenue does ENTREPRENEUR WORKS FUND have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,256,142, expenses of $1,112,453 and total assets of $3,556,718 at year end.
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