SMALL BUSINESS MAJORITY FOUNDATION INC Charity Report

Public IRS 990 nonprofit record

SMALL BUSINESS MAJORITY FOUNDATION INC

EIN 03-0576666 · Small Business Development (S43)

What they do

SMALL BUSINESS MAJORITY is A NATIONAL SMALL BUSINESS ADVOCACY ORGANIZATION, FOUNDED BY SMALL BUSINESS OWNERS to ENSURE THAT SMALL BUSINESSES ARE AT THE HEART of A THRIVING, INCLUSIVE ECONOMY. WE ACTIVELY ENGAGE SMALL BUSINESS OWNERS ACROSS AMERICA to DRIVE SMART PUBLIC POLICY and GET ENTREPRENEURS THE RESOURCES THEY NEED to THRIVE.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $81.90 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders12 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

78.87%of revenue went to mission work81.9% of expenses · Program services

7.89%of revenue went to fundraising8.2% of expenses

$96.29spent for every $100 of revenueRevenue covered expenses this year.

9.53%of revenue went to management and office costs9.9% of expenses

$1.12in assets for every $1 spent this yearSome assets cannot be spent right away.

95.8%of its money came from giftsOther money may come from services or investments.

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Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $357,653 for JOHN ARENSMEYER (FOUNDER & CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$5,565,308

Mission workProgram services$4,389,40478.87% of revenue81.9% of expenses

ManagementOffice and general costs$530,2379.53% of revenue9.9% of expenses

FundraisingAsking for donations$438,9557.89% of revenue8.2% of expenses

Revenue left after expensesReported annual surplus$206,7123.71% of revenueShown in gray on the chart

Total expenses$5,358,59696.29% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 81.9% mission · 9.9% management · 8.2% fundraisingTotal expenses: 96.29% of revenue

2023Expense mix: 82.0% mission · 10.0% management · 8.0% fundraisingTotal expenses: 96.24% of revenue

2022Expense mix: 80.2% mission · 10.9% management · 8.9% fundraisingTotal expenses: 90.73% of revenue

2021Expense mix: 80.1% mission · 10.9% management · 9.0% fundraisingTotal expenses: 78.33% of revenue

2020Expense mix: 79.6% mission · 10.8% management · 9.6% fundraisingTotal expenses: 87.67% of revenue

2019Expense mix: 80.0% mission · 11.0% management · 9.0% fundraisingTotal expenses: 105.05% of revenue

2018Expense mix: 81.8% mission · 9.9% management · 8.3% fundraisingTotal expenses: 96.75% of revenue

2017Expense mix: 79.8% mission · 12.0% management · 8.2% fundraisingTotal expenses: 98.41% of revenue

Money in and money out

Revenue$5,565,308

Expenses$5,358,596

Annual surplus $206,712 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$4,389,404 · 81.9% of expenses

Management and office costs$530,237 · 9.9% of expenses

Fundraising$438,955 · 8.2% of expenses

See all reported dollar amounts

Revenue$5,565,308

Expenses$5,358,596

Assets$6,010,443

Income$5,565,374

Contributions$5,330,578

Mission work (program services)$4,389,404

Fundraising$438,955

Management and general$530,237

Stocks and bonds$3,808,786

Accounting fees$30,075

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

JOHN ARENSMEYERFOUNDER & CEO · 60 hrs/week $357,653Base $343,481 · Other $14,172

DAVID CHASEVICE PRESIDENT, POLICY & ADVOCACY · 60 hrs/week $212,885Base $201,763 · Other $11,122

BRIAN PIFERVICE PRESIDENT, RESEARCH & INSIGHTS · 60 hrs/week $206,626Base $176,074 · Other $30,552

CASSIE MILLSVICE PRESIDENT, COMMUNICATIONS · 60 hrs/week $196,328Base $182,469 · Other $13,859

KATHLEEN BERRYSECRETARY/TREASURER/VP, OPERATIONS · 40 hrs/week $176,324Base $169,501 · Other $6,823

REBEKAH CHASECONTROLLER · 40 hrs/week $169,322Base $148,019 · Other $21,303

ESZTER SZOCSKADIGITAL COMMUNICATION & IT DIRECTOR · 40 hrs/week $156,056Base $137,968 · Other $18,088

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (12)

JOHN ARENSMEYERFOUNDER & CEO

DAVID CHASEVICE PRESIDENT, POLICY & ADVOCACY

BRIAN PIFERVICE PRESIDENT, RESEARCH & INSIGHTS

CASSIE MILLSVICE PRESIDENT, COMMUNICATIONS

KATHLEEN BERRYSECRETARY/TREASURER/VP, OPERATIONS

REBEKAH CHASECONTROLLER

ESZTER SZOCSKADIGITAL COMMUNICATION & IT DIRECTOR

DAFINA WILLIAMSDIRECTOR

KEN HENDERSONDIRECTOR

LAJUANNA RUSSELLDIRECTOR

PAUL QUINTERODIRECTOR

TALIBAH BAYLESDIRECTOR

About this charity

Recognized since: January 2010
Location: 1015 15TH STREET NW 450, WASHINGTON, DC 20005
County: District of Columbia
In care of: JOHN ARENSMEYER
Primary officer: JOHN ARENSMEYER, FOUNDER & CEO

How to reach them

WebsiteVisit the charity’s website Phone(202) 828-8357

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: CRI CAPIN CROUSE ADVISORS LLC
NTEE classification: Small Business Development (S43)
IRS tax category: Small Business Development