ENTREPRENEURSHIP FOR ALL INC Charity Report

Public IRS 990 nonprofit record

ENTREPRENEURSHIP FOR ALL INC

EIN 47-1858182 · Small Business Development (S43)

What they do

ENTREPRENEURSHIP for ALL, INC. (EFORALL) is ACCELERATING ECONOMIC and SOCIAL IMPACT IN COMMUNITIES NATIONWIDE THROUGH INCLUSIVE ENTREPRENEURSHIP.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $67.60 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 leaders19 people are listed in the latest report.

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

Money made simple

118.96%of revenue went to mission work67.6% of expenses · Program services

12.39%of revenue went to fundraising7.0% of expenses

$176.09spent for every $100 of revenueSpending was higher than revenue this year.

44.74%of revenue went to management and office costs25.4% of expenses

$0.34in assets for every $1 spent this yearSome assets cannot be spent right away.

97.7%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 $5,150,736 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $312,786 for MERALIS HOOD (CEO/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 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$6,769,180

Mission workProgram services$8,052,564118.96% of revenue67.6% of expenses

ManagementOffice and general costs$3,028,86144.74% of revenue25.4% of expenses

FundraisingAsking for donations$838,49112.39% of revenue7.0% of expenses

Total expenses$11,919,916176.09% 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

2024CurrentExpense mix: 67.6% mission · 25.4% management · 7.0% fundraisingTotal expenses: 176.09% of revenue

2023Expense mix: 69.8% mission · 24.8% management · 5.4% fundraisingTotal expenses: 110.37% of revenue

2022Expense mix: 70.8% mission · 23.5% management · 5.7% fundraisingTotal expenses: 92.17% of revenue

2021Expense mix: 74.7% mission · 17.3% management · 8.1% fundraisingTotal expenses: 63.14% of revenue

2020Expense mix: 73.8% mission · 16.6% management · 9.5% fundraisingTotal expenses: 56.87% of revenue

2019Expense mix: 73.3% mission · 16.7% management · 10.0% fundraisingTotal expenses: 70.56% of revenue

2018Expense mix: 79.2% mission · 11.4% management · 9.3% fundraisingTotal expenses: 75.94% of revenue

2017Expense mix: 74.4% mission · 14.3% management · 11.3% fundraisingTotal expenses: 86.08% of revenue

Money in and money out

Revenue$6,769,180

Expenses$11,919,916

Annual shortfall $5,150,736 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)$8,052,564 · 67.6% of expenses

Management and office costs$3,028,861 · 25.4% of expenses

Fundraising$838,491 · 7.0% of expenses

See all reported dollar amounts

Revenue$6,769,180

Expenses$11,919,916

Assets$4,039,285

Income$6,769,180

Contributions$6,610,607

Mission work (program services)$8,052,564

Fundraising$838,491

Grants given$563,795

Average grant$62,644

Management and general$3,028,861

Executive compensation (total)$356,462

Accounting fees$75,781

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

MERALIS HOODCEO/PRESIDENT · 40 hrs/week $312,786Base $293,345 · Other $19,441

GARY CHAMBERLAINCHIEF TECHNOLOGY OFFICER · 40 hrs/week $267,493Base $248,052 · Other $19,441

PETER WHALEYCHIEF OPERATING OFFICER · 40 hrs/week $239,705Base $226,593 · Other $13,112

CARLETTA HILLDIRECTOR OF HR · 40 hrs/week $234,809Base $221,371 · Other $13,438

JULIE SMITHCMO · 40 hrs/week $234,737Base $223,478 · Other $11,259

AKI DAVISVP OF FINANCE · 40 hrs/week $216,260Base $198,025 · Other $18,235

ANDRE SILVADIRECTOR OF PROGRAM EXPENS · 40 hrs/week $157,500

VANESSA GALLANTDIRECTOR OF CREATIVE OPERA · 40 hrs/week $155,542Base $142,717 · Other $12,825

JEREMIAH HERNANDEZCOMMUNITY GROWTH & EXPANSION MANAGER · 40 hrs/week $146,550Base $135,577 · Other $10,973

PETER CAKOUNESSOFTWARE DEVELOPMENT MANAGER · 40 hrs/week $139,299Base $132,774 · Other $6,525

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 (19)

MERALIS HOODCEO/PRESIDENT

GARY CHAMBERLAINCHIEF TECHNOLOGY OFFICER

PETER WHALEYCHIEF OPERATING OFFICER

CARLETTA HILLDIRECTOR OF HR

JULIE SMITHCMO

AKI DAVISVP OF FINANCE

ANDRE SILVADIRECTOR OF PROGRAM EXPENS

VANESSA GALLANTDIRECTOR OF CREATIVE OPERA

JEREMIAH HERNANDEZCOMMUNITY GROWTH & EXPANSION MANAGER

PETER CAKOUNESSOFTWARE DEVELOPMENT MANAGER

GAIL GOODMANBOARD CHAIR

INAMARIE JOHNSONDIRECTOR

DAVID PARKERDIRECTOR

MARY ANN SKEWESDIRECTOR

MATT SHULMANDIRECTOR

CATHERINE DILLIONDIRECTOR

ANKUR GOPALDIRECTOR

SERVJEET BHACHUDIRECTOR/TREASURER/CLERK

SETH GOODALLDIRECTOR

About this charity

Recognized since: January 2015
Location: 175 CABOT STREET 310, LOWELL, MA 01854
County: Middlesex
In care of: MERALIS HOOD
Primary officer: MERALIS HOOD, CEO/PRESIDENT

How to reach them

WebsiteVisit the charity’s website Emailinfo@eforall.org Phone(833) 336-7255

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: JOHNSON OCONNOR FERON & CARUCCI LLP
NTEE classification: Small Business Development (S43)
IRS tax category: Small Business Development
Grant-giving organization: Yes