Start Small Think Big Inc
- Assets
- $5.5m
- Revenue
- $5.5m
- Investments
- $0.0
- Employees
- 46
- Location
- New York, NY
- Founding
- 11/2010
- Data as of
- 12/2021
- EIN
- 27-1821066
Organization Overview
Start Small Think Big Inc is located in New York, NY. The organization was established in 2010. According to its NTEE Classification (P51) the organization is classified as: Financial Counseling, under the broad grouping of Human Services and related organizations. As of 12/2021, Start Small Think Big Inc employed 46 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Start Small Think Big Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Start Small Think Big Inc generated $5.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 39.6% each year . All expenses for the organization totaled $3.2m during the year ending 12/2021. While expenses have increased by 28.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Start Small Think Big Inc has awarded 37 individual grants totaling $422,111. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE PART III, LINE 1
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO HELP LOW INCOME INDIVIDUALS BUILD THRIVING BUSINESSES AND PROVIDE ACCESS TO PROFESSIONAL AND FINANCIAL EXPERTISE THROUGH THE SMALL BUSINESS LEGAL, MARKETING AND SALES, FINANCIAL, AND IMPACT ASSESSMENT PROGRAMS.
THE EMERGENCY RELIEF FUND PROVIDES IMMEDIATE CASH RELIEF TO ACTIVE CLIENTS (ALL OF WHOM HAVE UNDERGONE THE ORGANIZATION'S STRINGENT ELIGIBILITY CONFIRMATION PROCESS) TO MEET A VARIETY OF BUSINESS AND/OR PERSONAL NEEDS, INCLUDING FOR NECESSITIES AND LIVING EXPENSES. THE ORGANIZATION TARGETS BUSINESSES OWNED BY PEOPLE OF COLOR AND/OR WOMEN WHO DO NOT QUALIFY OR ARE OTHERWISE UNABLE TO ACCESS OTHER CITY, STATE, FEDERAL RELIEF FUNDS CURRENTLY BEING MADE AVAILABLE. THE AVERAGE GRANT MADE IN 2021 WAS $10,076 AND A TOTAL OF $110,838 WAS AWARDED. THE EMERGENCY FUND WAS CREATED IN RESPONSE TO THE COVID-19 PANDEMIC. WE DO NOT ANTICIPATE THIS WILL REMAIN A CORE SERVICE OF THE ORGANIZATION IN FUTURE YEARS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Dasilva Executive Director | OfficerTrustee | 40 | $135,000 |
Rebecca Engle Chief Operating Officer | Officer | 40 | $132,912 |
Josephine Panzera Chief Financial Officer | Officer | 40 | $104,810 |
Joseph Kaufman Chair | OfficerTrustee | 1 | $0 |
Mark Kesslen Secretary | OfficerTrustee | 1 | $0 |
Erik Knutzen Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $282,604 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,170,100 |
| Noncash contributions included in lines 1a–1f | $12,503 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,452,704 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,454,234 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $110,838 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $372,721 |
| Compensation of current officers, directors, key employees. | $82,927 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,598,176 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $224,420 |
| Payroll taxes | $166,923 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,147 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $54,000 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $338,649 |
| Advertising and promotion | $114,946 |
| Office expenses | $14,316 |
| Information technology | $30,236 |
| Royalties | $0 |
| Occupancy | $957 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $43,427 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,167 |
| Insurance | $2,517 |
| All other expenses | $10,843 |
| Total functional expenses | $3,165,195 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,953,186 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $452,980 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $45,576 |
| Net Land, buildings, and equipment | $26,789 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,478,531 |
| Accounts payable and accrued expenses | $57,242 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $57,242 |
| Net assets without donor restrictions | $4,091,552 |
| Net assets with donor restrictions | $1,329,737 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $5,478,531 |
Grants Awarded
Over the last fiscal year, Start Small Think Big Inc has awarded $103,821 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
WOMEN'S WORLD OF BOXING PURPOSE: Emergeny Relief Fund | $24,000 |
HARLEM HABERDASHERY LLC PURPOSE: Emergeny Relief Fund | $15,576 |
BROOKLYN BLOOMS PURPOSE: Emergeny Relief Fund | $13,800 |
SABOR RESTAURANT AND BAKERY LLC PURPOSE: Emergeny Relief Fund | $9,300 |
WILD & GRACE PURPOSE: Emergeny Relief Fund | $9,000 |
FRIEND OF ALL LLC PURPOSE: Emergeny Relief Fund | $9,000 |
Grants Recieved
Over the last fiscal year, we have identified 18 grants that Start Small Think Big Inc has recieved totaling $3,745,711.
| Awarding Organization | Amount |
|---|---|
Silicon Valley Community Foundation Mountain View, CA PURPOSE: Human Services | $1,100,000 |
Tides Foundation San Francisco, CA PURPOSE: EQUITY, HUMAN RIGHTS, AND ECONOMIC EMPOWERMENT | $700,000 |
Citi Foundation New York, NY PURPOSE: SMALL BUSINESS TECHNICAL ASSISTANCE INITIATIVE | $500,000 |
Jp Morgan Chase Foundation New York, NY PURPOSE: IN SUPPORT OF UNDERSERVED SMALL BUSINESS EXPANSION | $500,000 |
Rockefeller Philanthropy Advisors Inc New York, NY PURPOSE: GENERAL | $300,000 |
Jp Morgan Chase Foundation New York, NY PURPOSE: IN SUPPORT OF UNDERSERVED SMALL BUSINESS EXPANSION | $233,866 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Garden State Consumer Credit Counseling Inc Manalapan, NJ | $15,368,790 | $14,807,314 |
American Consumer Credit Counseling Inc Auburndale, MA | $18,184,034 | $13,306,197 |
Cambridge Credit Counseling Corp Agawam, MA | $10,545,696 | $7,101,425 |
Consumer Credit Counseling Service Of Delaware Valley Philadelphia, PA | $4,817,961 | $4,855,910 |
Hebrew Free Loan Society Inc New York, NY | $39,139,675 | $5,814,730 |
Consumer Credit And Budget Counseling Inc Marmora, NJ | $1,261,705 | $3,720,720 |
Consumers Credit Counseling Service Of Rochester Inc Rochester, NY | $7,908,723 | $3,468,563 |
Start Small Think Big Inc New York, NY | $5,478,531 | $5,454,234 |
Money Management New York, NY | $8,835,712 | $4,309,180 |
Advantage Credit Counseling Service Inc Pittsburgh, PA | $1,986,787 | $1,981,242 |
Intl Federation Of Red Cross And Red Crescent Soc At The U N Inc New York, NY | $144,561 | $1,804,361 |
Parachute Credit Counseling Inc West Seneca, NY | $1,575,678 | $1,698,417 |