SMALLER BUSINESS ASSOCIATION OF NEW ENGLAND INC Charity Report

Tax-exempt status may be revoked

SMALLER BUSINESS ASSOCIATION OF NEW ENGLAND INC

EIN 04-2029078

What they do

to PROMOTE and PROTECT THE INTERESTS of SMALL BUSINESSES. SBANE SERVES APPROXIMATELY 1000 MEMBER COMPANIES OPERATING IN VARIOUS STATES WHOSE BUSINESSES RANGE FROM SOLE-PROPRIETORSHIP, SERVICE BUSINESSES, GROWING HIGH TECHNOLOGY FIRMS, and MANUFACTURING PLANTS. SBANES PROGRAMS and SERVICES ADDRESS THE SHARED INTERESTS and THE NEEDS of ITS DIVERSE MEMBERSHIP.

Before you give

Should I give to this charity?

Easy charity check

Stop and check first

This record may have an IRS status problem. Do not give until you verify it.

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 checkThere may be a problem with its nonprofit status. Check before giving.

Money report from 2017The report may be old. Ask for a newer one.

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

They name their leaders30 people are listed in the latest report.

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

Money made simple

54.19%of revenue went to mission work34.3% of expenses · Program services

$158.16spent for every $100 of revenueSpending was higher than revenue this year.

103.97%of revenue went to management and office costs65.7% of expenses

$0.27in assets for every $1 spent this yearSome assets cannot be spent right away.

67.8%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

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.

Worth asking: Expenses exceeded revenue by $458,039 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $275,865 for KARIM HILL (PRESIDENT). 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 2017

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$787,499

Mission workProgram services$426,77354.19% of revenue34.3% of expenses

ManagementOffice and general costs$818,765103.97% of revenue65.7% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Total expenses$1,245,538158.16% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

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

2017CurrentExpense mix: 34.3% mission · 65.7% management · 0.0% fundraisingTotal expenses: 158.16% of revenue

2016Expense mix: 46.7% mission · 52.6% management · 0.7% fundraisingTotal expenses: 105.04% of revenue

Money in and money out

Revenue$787,499

Expenses$1,245,538

Annual shortfall $458,039 Expenses were higher than revenue 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)$426,773 · 34.3% of expenses

Management and office costs$818,765 · 65.7% of expenses

See all reported dollar amounts

Revenue$787,499

Expenses$1,245,538

Assets$335,363

Contributions$534,092

Mission work (program services)$426,773

Grants given$570,751

Average grant$7,819

Management and general$818,765

Accounting fees$15,385

People

Leadership and board

Tax year 2017

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

People reported as paid

Person and titleCompensation

KARIM HILLPRESIDENT $275,865

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 (30)

KARIM HILLPRESIDENT

KEN SMITHVICE CHAIR

TIM BARRETMEMBER DIREC

SETH GOODALLPARTNER DIRE

ROBIN MAINCHAIRMAN

ROBERT SHEAVICE CHAIR

PAUL KELLYVICE CHAIR

PATTY FLAHERTY DONAHUEASSOCIATE DI

NABIL BOGHOSMEMBER DIREC

ML MACKEYMEMBER DIREC

MIKE BARTUCCAPARTNER DIRE

MAURA DUGGANMEMBER DIREC

MARTY CROYLEASSOCIATE DI

MARK MANUELMEMBER DIREC

LAWRENCE SIFFMEMBER DIREC

KRISTEN JILEKMEMBER DIREC

ANN DEBIASIOPARTNER DIRE

KAPPY FREUNDMEMBER DIREC

JOHN COHANASSOCIATE DI

JEFFREY SWEETPARTNER DIRE

JEANNE LAPAKPARTNER DIRE

JAMES REARDONMEMBER DIREC

HIILARY SIMONSMEMBER DIREC

GEOFFREY DUKEPARTNER DIRE

EDWARD OSTROWSKITREASURER

DAVID EIDLEPARTNER DIRE

CARL FORSYTHEOFFICER

BRUCE OCKOPARTNER DIRE

BRENDAN KINGSECRETARY

BARBARA MACLACHLANMEMBER DIREC

About this charity

Location: 1601 TRAPELO ROAD SUITE 172, WALTHAM, MA 02451
County: Middlesex
In care of: KARIM HILL
Primary officer: KARIM HILL, PRESIDENT

How to reach them

WebsiteVisit the charity’s website Phone(781) 890-9070

Filing and classification

Latest tax year: 2017
Tax period began: August 1, 2017
Return type: 990
Tax preparer: MOCERA VISCONTI & COMPANY CPAS LLP
Grant-giving organization: Yes
Revocation date: December 15, 2021