Center For Entrepreneurship Llc
- Assets
- $0.0
- Revenue
- $873.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- 11/2009
- Data as of
- 12/2021
- EIN
- 42-1767047
Organization Overview
Center For Entrepreneurship Llc is located in Washington, DC. The organization was established in 2009. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Center For Entrepreneurship Llc 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, Center For Entrepreneurship Llc generated $873.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (11.8%) each year. All expenses for the organization totaled $1.5m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (8.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
CFE IS ONE OF THE LEADING FORCES FOR DEVELOPING ENTREPRENEURSHIP IN RUSSIA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CENTER FOR ENTREPRENEURSHIP (CFE) OFFERS CUSTOMIZED WORLDWIDE "BEST PRACTICE" PROGRAMS THAT IMPROVE AN ENTREPRENEUR'S FUNCTIONAL BUSINESS KNOWLEDGE AND DEVELOP SKILLS IMPORTANT FOR COMPANY SUCCESS IN AREAS SUCH AS ENTREPRENEURIAL MARKETING AND BUSINESS PLANNING. IN ADDITION, CFE'S PROGRAMS HELP ENTREPRENEURS OVERCOME ENVIRONMENTAL CHALLENGES THAT HINDER COMPANY GROWTH, SUCH AS PROTECTING INTELLECTUAL PROPERTY, UTILIZING THE LEGAL SYSTEM, AND APPROACHING CAPITAL PROVIDERS. CFE UTILIZES A ROBUST DELIVERY METHODOLOGY, INCLUDING FOCUSED COURSES, WORKSHOPS, PEER LEARNING EVENTS, AND NETWORKING OPPORTUNITIES. THESE PROGRAMS FOSTER NOT ONLY ENTREPRENEUR-TO-ENTREPRENEUR, BUT ALSO MENTOR-TO-ENTREPRENEUR, ENTREPRENEUR-TO-INVESTOR, AND ENTREPRENEUR-TO-POLICYMAKER LEARNING. BY BRINGING TOGETHER ALL OF THE PLAYERS THAT INFLUENCE ENTREPRENEURIAL SUCCESS, CFE OFFERS UNIQUE, INTEGRATED AND EXPERIENTIAL LEARNING PROGRAMS. FOR MORE INFORMATION ON CFE'S VARIED PROGRAM SERVICE OFFERINGS, PLEASE REFER TO CFE'S WEBSITE, WWW.CFE.RU.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter Charow Chairman | OfficerTrustee | 40 | $65,631 |
Anna Belova Deputy Chairman | OfficerTrustee | 40 | $31,735 |
Jean Gilbert Cfo/treasurer | OfficerTrustee | 40 | $0 |
Karen Horn Director | Trustee | 1 | $0 |
Jonathan Ortmans Director | Trustee | 1 | $0 |
Steven Pease Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $592,678 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $592,678 |
| Total Program Service Revenue | $242,807 |
| 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 | $873,593 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $233,852 |
| Compensation of current officers, directors, key employees. | $114,561 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $160,960 |
| Pension plan accruals and contributions | $34,574 |
| Other employee benefits | $31,301 |
| Payroll taxes | $42,151 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $15,548 |
| Fees for services: Accounting | $200,057 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $41,589 |
| Advertising and promotion | $0 |
| Office expenses | $41,565 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,113 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $26,397 |
| All other expenses | $0 |
| Total functional expenses | $1,513,476 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $0 |