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Nonprofit · EIN 88-3293504

SBAM FOUNDATION

Tax-exempt · LANSING, MI 48933

Financials

$158K$135K2022$192K$207K2023$2.1M$1.9M2024
Revenue Expenses · by fiscal year end
Financials of SBAM FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$2,052,035$1,907,212$144,823$691,099$538,599$152,500
June 30, 2024990$191,780$207,049-$15,269$1,700,021$1,692,344$7,677
June 30, 2023990-EZ$157,853$134,907$22,946$25,746$2,800$22,946
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$2,045,710
of which government grants
$1,672,160
Program service revenue
$0
Investment income
$20,599
Net income from fundraising events
-$14,274
Other revenue
-$14,274

Expenses

Grants and similar amounts paid
$1,345,805
Other salaries and wages
$177,623
Salaries, compensation and benefits (total)
$216,759
Professional fundraising fees
$0
Legal fees
$2,460
Accounting fees
$4,912
Program services (functional)
$1,894,089
Management and general (functional)
$13,123

Balance sheet and other

Total assets, start of year
$1,700,021
Total assets, end of year
$691,099
Total liabilities, end of year
$538,599
Net assets, end of year
$152,500
Net assets without donor restrictions
$152,500
Gross receipts
$2,283,362
Employees
0
Volunteers
6
Year formed
2022
State of legal domicile
MI

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.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
BRIAN CALLEYPRESIDENT
Trustee or director, Officer
1$0$124,076$5,550
DAVID RHOAEXECUTIVE DIRECTOR
Officer
40$0$120,483$4,794
ANN PARKERTREASURER/SECRETARY (ENDED 12/24)
Trustee or director, Officer
1$0$57,531$5,615
CYNTHIA KAYDIRECTOR
Trustee or director
0.5$0$0$0
MILAN GANDHIDIRECTOR
Trustee or director
0.5$0$0$0
TOM MATHISONDIRECTOR
Trustee or director
0.5$0$0$0
BONNIE ALFONSODIRECTOR
Trustee or director
0.5$0$0$0
DEREK DICKOWDIRECTOR
Trustee or director
0.5$0$0$0
LORRI RISHARDIRECTOR
Trustee or director
0.5$0$0$0
990 for the year ended June 30, 2024: 7 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
BRIAN CALLEYPRESIDENT
Trustee or director, Officer
1$0$121,460$7,678
ANN PARKERTREASURER/SECRETARY
Trustee or director, Officer
1$0$56,100$6,052
ROBERT FOWLERDIRECTOR (ENDED 6/14/24)
Trustee or director
0.5$0$0$0
CYNTHIA KAYDIRECTOR
Trustee or director
0.5$0$0$0
MILAN GANDHIDIRECTOR
Trustee or director
0.5$0$0$0
TOM MATHISONDIRECTOR
Trustee or director
0.5$0$0$0
BONNIE ALFONSODIRECTOR
Trustee or director
0.5$0$0$0
990-EZ for the year ended June 30, 2023: 3 people
NameTitleHours / weekCompensation
ROBERT FOWLERDIRECTOR0.5$0
BRIAN CALLEYPRESIDENT1$0
ANN PARKERTREASURER/SECRETARY1$0

Address and contacts

Address (IRS master file)
101 S WASHINGTON SQ STE 900, LANSING, MI 48933-1708
In care of
% BRIAN N CALLEY
Principal officer (990 for 2024)
BRIAN CALLEY, 101 S WASHINGTON SQUARE 900, LANSING, MI 48933
Signed the 990
BRIAN CALLEY, PRESIDENT
Phone
(517) 482-8788
Return prepared by
MANER COSTERISAN PC

Mission

THE SBAM FOUNDATION FOCUSES ON: RESEARCH, PUBLICATIONS, CONTENT DEVELOPMENT, AND PROGRAMMING IN CONNECTION WITH ENTREPRENEURSHIP, TRAINING, EDUCATION, AND SUPPORT SERVICES FOR SMALL BUSINESSES IN MICHIGAN PARTICULARLY THOSE BELONGING TO MARGINALIZED AND ECONOMICALLY CHALLENGED COMMUNITIES, AND IN DEPTH ANALYSIS OF THE ENTREPRENEURIAL ENVIRONMENT IN MICHIGAN VIA THE MICHIGAN ENTREPRENEURSHIP SCORE CARD

990 for the year ended June 30, 2025

Program accomplishments

  • PRODUCED THE 21ST ANNUAL ENTREPRENEURIAL SCORE CARD RESEARCH, HOSTED A GOLF OUTING, RECIPIENT OF A CENTER FOR SOCIAL ENTERPRISE DEVELOPMENT GRANT FROM THE MEDC. THROUGH THE SBSH GRANT WE WERE ABLE TO OFFER COURSES, PROGRAMMING, EVENTS AND SUPPORT TO PARTICIPANTS, ALSO ADMINISTERED DIRECT MONETARY GRANT FUNDING TO THOSE THAT QUALIFY.
    Expenses $1,894,089 · grants $1,345,805

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 yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
88-3293504
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization, Type I
Donations deductible (Pub 78)
Supporting organization, 50% limit
Exempt since
2023
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$691,099
Income (IRS master file)
$2,283,362

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$2,052,035$1,907,212$691,099XML
990June 2024$191,780$207,049$1,700,021XML
990-EZJune 2023$157,853$134,907$25,746XML

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 88-3293504).

Questions about SBAM FOUNDATION

What is the EIN of SBAM FOUNDATION?
The employer identification number (EIN) of SBAM FOUNDATION is 88-3293504.
Is SBAM FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
Are donations to SBAM FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
Which annual return does SBAM FOUNDATION 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 SBAM FOUNDATION 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 SBAM FOUNDATION 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 SBAM FOUNDATION?
The 990 for the year ended June 30, 2025 names BRIAN CALLEY.
Who are the officers and directors of SBAM FOUNDATION?
The 990 for the year ended June 30, 2025 lists 9 people; 0 received compensation from the organization.
How much revenue does SBAM FOUNDATION have?
On its 990 for the year ended June 30, 2025 it reported revenue of $2,052,035, expenses of $1,907,212 and total assets of $691,099 at year end.

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