2024-05-15T14:29:17-05:00 2023-06-30 260794367 UHY ADVISORS MID-ATLANTIC MD INC 955 MOUNT HERMON ROAD SALISBURY MD 21804 990 2022-07-01 611465160 EASTERN SHORE ENTREPRENEURSHIP CENTER INC EAST 4107709330 8737 BROOKS DRIVE SUITE 101 EASTON MD 21601 MIKE THIELKE EXECUTIVE DIRECTOR 4107709330 2024-05-15 1 MIKE THIELKE 999009999 0 DANIEL W ENSOR P02242426 4107421328 2024-05-15 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z MIKE THIELKE 8737 BROOKS DRIVE SUITE 101 EASTON MD 21601 885296 0 X WWW.ESEC.MD X 2004 MD TO CREATE AN ENTREPRENEURIAL ECOSYSTEM THAT RESULTS IN PERSONAL WEALTH CREATION WHICH IN TURN ADDS TO THE GROWTH OF COMMUNITY RESOURCES AND SERVICES. 9 9 0 0 0 0 543721 848102 51156 18034 13527 19160 0 0 608404 885296 0 0 0 0 108000 120000 0 0 0 713304 652290 821304 772290 -212900 113006 1144981 1409159 1118136 1159846 26845 249313 TO PROVIDE TECHNICAL ASSISTANCE, EDUCATION, AND ACCESS TO CAPITAL SERVICES TO INDIVIDUALS AND SMALL AND MID-SIZE BUSINESSES. 0 0 55671 19160 MANAGED A PORTFOLIO OF LOANS TO SMALL BUSINESSES TOTALING $540,753 AT LOW INTEREST RATES TO ENCOURAGE AND STIMULATE GROWTH. 576248 18034 CONTINUED IMPLEMENTATION OF THE F3 TECH ACCELERATOR PROGRAM, AG INNOVATION CENTER, AND OTHER TRAINING PROGRAMS TO PROVIDE TECHNICAL ASSISTANCE AND BUSINESS SERVICES TO VALUE-ADDED PRODUCERS. 631919 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 9 0 1 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MD X MIKE THIELKE 4107709330 8737 BROOKS DRIVE STE 101 EASTON MD 21601 TYLER PATTON VICE PRESIDENT 2.00 X X 0 0 0 TONY KERN PRESIDENT 2.00 X X 0 0 0 JOHN ELSTNER TREASURER 2.00 X X 0 0 0 SHANNON DILL SECRETARY 2.00 X X 0 0 0 MIKE THIELKE EXECUTIVE DIRECTOR 40.00 X 114000 0 0 SCOTT WARNER DIRECTOR 2.00 X 0 0 0 ROB NICHOLSON DIRECTOR 2.00 X 0 0 0 WALTER CHASE DIRECTOR 2.00 X 0 0 0 NIKKO BRADY DIRECTOR 2.00 X 0 0 0 NEIL DAVIS DIRECTOR 2.00 X 0 0 0 114000 0 0 1 0 0 0 0 656091 192011 848102 18034 18034 18034 19160 19160 885296 37194 0 0 X 120000 96000 24000 11887 11887 32000 32000 417370 417370 870 870 2004 2004 12706 12706 4171 4171 5387 5387 19726 10796 8930 4425 4425 3164 3164 AWARDS & SEED FUNDING 84083 84083 UTILITIES & INTERNET 39007 3563 35444 MEALS 7285 7285 DUES AND SUBSCRIPTIONS 2148 2148 6057 2106 3951 772290 631919 140371 0 425899 934171 150888 101154 144420 35382 415522 321698 38718 23324 6892 15394 1360 1360 1144981 1409159 61613 16001 110175 1056523 1033670 1118136 1159846 X -327280 -48557 354125 297870 26845 249313 1144981 1409159 113006 109462 0 X X 0 1 X 1 1 1 X 360218 656258 453910 543721 848102 2862209 360218 656258 453910 543721 848102 2862209 2862209 67447 46437 79110 64683 37194 294871 3157080 0.90660 0.88140 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 21470 10237 11233 17248 13087 4161 15394 X PART X, LINE 2: THE ORGANIZATION IS A NOT-FOR-PROFIT ORGANIZATION THAT IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. MANAGEMENT REVIEWS AND ASSESSES ALL ACTIVITIES TO IDENTIFY ANY CHANGES IN THE SCOPE OF THE ACTIVITIES AND REVENUE SOURCES AND THE TAX TREATMENT THEREOF TO IDENTIFY ANY UNCERTAIN TAX POSITIONS. FOR THE YEAR ENDED JUNE 30, 2023, NO PROVISION FOR INCOME TAXES WAS MADE AS THE ORGANIZATION HAD NO SIGNIFICANT UNRELATED BUSINESS INCOME AND DID NOT IDENTIFY ANY UNCERTAIN TAX POSITIONS REQUIRING RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. FORM 990, PART VI, SECTION B, LINE 11B EXECUTIVE DIRECTOR REVIEWS THE FORM 990 AND PROVIDES TO GOVERNING BODY FOR FINAL APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C ANNUAL DISCLOSURES ARE SIGNED BY OFFICERS, DIRECTORS, AND KEY EMPLOYEES. MONITORING IS PERFORMED BY EXECUTIVE DIRECTOR. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COMMITTEE REVIEWS PERFORMANCE AND COMPENSATION OF THE EXECUTIVE DIRECTOR DURING THE BUDGET PROCESS. FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE UPON REQUEST FORM 990, PART IX, LINE 11G COMMUNICATIONS & MARKETING: PROGRAM SERVICE EXPENSES 56,827. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 56,827. CONSULTING & GRANT WRITING: PROGRAM SERVICE EXPENSES 44,026. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 44,026. COWORKING COORDINATOR: PROGRAM SERVICE EXPENSES 350. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 350. F3 TECH DIRECTORS: PROGRAM SERVICE EXPENSES 102,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 102,000. F3 TECH MENTORS: PROGRAM SERVICE EXPENSES 80,350. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 80,350. LOAN CLIENT REPRESENTATIVE: PROGRAM SERVICE EXPENSES 10,350. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 10,350. CAIC DIRECTOR: PROGRAM SERVICE EXPENSES 66,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 66,000. INTERN: PROGRAM SERVICE EXPENSES 4,800. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,800. GRANT PARTNERSHIP - AG INNOVATION CENTER: PROGRAM SERVICE EXPENSES 52,667. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 52,667. FORM 990, PART XII, LINE 2C: NO CHANGE