2024-11-04T10:33:35-06:00 2023-12-31 203985546 JOHNSON O'CONNOR FERON & CARUCCI LLP 101 EDGEWATER DRIVE SUITE 210 WAKEFIELD MA 01880 990 2023-01-01 471858182 ENTREPRENEURSHIP FOR ALL INC ENTR 8333367255 175 CABOT STREET 310 LOWELL MA 01854 MERALIS HOOD CEO/PRESIDENT 8333367255 2024-10-30 1 0 JOSEPH GISO P00030126 7819143400 2024-10-30 2023 2024-10-15 13:58:12Z MERALIS HOOD 175 CABOT STREET 310 LOWELL MA 01854 8580906 0 X WWW.EFORALL.ORG X 2014 MA TO ACCELERATE ECONOMIC & SOCIAL IMPACT IN COMMUNITIES NATIONWIDE THROUGH INCLUSIVE ENTREPRENEURSHIP. 8 7 97 1741 0 0 8550150 8286047 0 0 77379 290004 25160 4855 8652689 8580906 500008 489846 0 0 5602615 7032858 0 0 507332 1872531 1947641 7975154 9470345 677535 -889439 10717760 9148750 1000108 597242 9717652 8551508 X ENTREPRENEURSHIP FOR ALL, INC. (EFORALL) IS ACCELERATING ECONOMIC AND SOCIAL IMPACT IN COMMUNITIES NATIONWIDE THROUGH INCLUSIVE ENTREPRENEURSHIP. 0 0 6611822 489846 THE ORGANIZATION IS A 501 (C) (3) NON-PROFIT ORGANIZATION DEDICATED TO ACCELERATING ECONOMIC AND SOCIAL IMPACT THROUGH ENTREPRENEURSHIP IN UNDER RESOURCED MID-SIZED CITIES. WE FOSTER ECONOMIC GROWTH AND JOB CREATION IN THESE UNDERSERVED COMMUNITIES BY RAISING THE VISIBILITY OF ENTREPRENEURSHIP WITHIN THEM AND TRAINING ASPIRING ENTREPRENEURS SO THEY HAVE A HIGHER LIKELIHOOD OF SUCCESS WITH THEIR VENTURES. STRONG PREFERENCE IS GIVEN TO CANDIDATES THAT EITHER RESIDE IN OR INTEND TO START BUSINESSES IN UNDERSERVED OR DISADVANTAGED COMMUNITIES. THE ORGANIZATION WILL PURSUE ITS CHARITABLE OBJECTIVES THROUGH:1.AWARENESS BUILDING AMONGST LOW INCOME, LOW EDUCATION LEVEL, OR UNEMPLOYED RESIDENTS PROVIDING ACCESS TO RESOURCES, AND NON-ENGLISH SPEAKING PROGRAMS2.TRAINING AND SUPPORT WHICH WILL INCLUDE HOSTING ACCELERATOR PROGRAMS FOR SELECTED INDIVIDUALS ASPIRING TO LAUNCH A NEW BUSINESS OR NONPROFIT3.PROVIDING ACCESS TO RESOURCES INCLUDING THE PROVISION OF CAPITAL TO ACCELERATOR PROGRAM GRADUATES AND THE USE OF OFFICE SPACE AND RELATED SERVICES4.NON-ENGLISH SPEAKING PROGRAMS IN ORDER TO ENGAGE UNDERPRIVILEGED RESIDENTS WHO DO NOT SPEAK ENGLISH AS A FIRST LANGUAGE 6611822 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 380 0 1 97 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 8 7 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 MA AR CA FL GA IL NH NY PA SC CO RI MO ME X X MERALIS T HOOD 8333367255 175 CABOT STREET SUITE 310 LOWELL MA 01854 MERALIS HOOD CEO/PRESIDENT 40.00 X X 288497 0 17935 GARY CHAMBERLAIN CHIEF TECHNOLOGY OFFICER 40.00 X 233338 0 17935 CARLETTA HILL DIRECTOR OF HR 40.00 X 155618 0 1920 ANDRE SILVA DIRECTOR OF PROGRAM EXPENSES 40.00 X 133206 0 0 VANESSA GALLANT DIRECTOR OF CREATIVE OPERA 40.00 X 127466 0 3859 PETER WHALEY CHIEF OPERATING OFFICER 40.00 X 102006 0 4984 NATALIE VAN ERON CHIEF DEVELOPMENT OFFICER 40.00 X 102948 0 2547 AKI DAVIS VP OF FINANCE 40.00 X 57740 0 4209 GAIL GOODMAN BOARD CHAIR 1.00 X X 0 0 0 SERVJEET BHACHU DIRECTOR 1.00 X 0 0 0 SETH GOODALL DIRECTOR 1.00 X 0 0 0 INAMARIE JOHNSON DIRECTOR 1.00 X 0 0 0 VERNON IRVIN DIRECTOR 1.00 X 0 0 0 MARCOS MARRERO DIRECTOR 1.00 X 0 0 0 DAVID PARKER DIRECTOR 1.00 X 0 0 0 1200819 0 53389 7 0 1 0 KORN FERRY 125 SUMMER STREET 1230 BOSTON MA 02110 RECRUITING SERVICES 164313 SENSA RECRUITING 20 RYMON ROAD WASHINGTON NJ 07882 RECRUITING SERVICES 161220 2 718041 7568006 8286047 290004 290004 4855 0 4855 4855 4855 8580906 0 0 294859 240673 240673 249173 249173 784529 559293 182569 42667 5267389 3755136 1225781 286472 488161 372373 94851 20937 492779 358841 108417 25521 16581 16581 57131 57131 579246 83562 381050 114634 124952 65566 59022 364 122144 25916 82785 13443 23586 11440 12146 95467 85000 8816 1651 115128 29858 84947 323 30286 26215 2751 1320 10157 10157 COLLABORATIVE AGREEMENT 503888 503888 PROGRAM SITES 228571 224981 3590 PROFESSIONAL DEVELOPMEN 20251 15263 4988 DUES AND SUBSCRIPTION 12661 4507 8154 7592 137 7455 9470345 6611822 2351191 507332 1427533 3540996 7121531 4010785 1946915 1400830 89692 115892 146941 104471 52896 42470 79193 37777 10717760 9148750 251708 446918 18750 56250 729650 94074 1000108 597242 X 3665528 3297525 6052124 5253983 9717652 8551508 10717760 9148750 X -889439 -276705 X X 0 1 X 1 0 X 4960259 6359675 8827107 8550150 8286047 36983238 4960259 6359675 8827107 8550150 8286047 36983238 1103300 35879938 20075 14295 13007 102539 294859 444775 12243 18500 30743 37458756 737220 0.95790 0.95140 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 146941 104471 42470 42470 SECURITY DEPOSIT 330 REFUNDABLE ADVANCE 25000 OPERATING LEASE LIABILITY 38744 AMOUNTS TO BE RETURNED TO DONOR 30000 94074 X 8580906 0 8580906 0 8580906 9470345 0 9470345 0 9470345 PART X, LINE 2: THE ORGANIZATION HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE AS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION IS REQUIRED TO FILE A RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) WITH THE IRS. IN ADDITION, THE ORGANIZATION IS SUBJECT TO INCOME TAX ON NET INCOME THAT IS DERIVED FROM BUSINESS ACTIVITIES THAT IS UNRELATED TO ITS EXEMPT PURPOSE. FOR THE YEAR ENDED DECEMBER 31, 2023 THE ORGANIZATION HAS DETERMINED THAT IT IS NOT SUBJECT TO UNRELATED BUSINESS INCOME TAX AND HAS NOT FILED AN EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURN (FORM 990-T) WITH THE IRS. THE ORGANIZATION REGULARLY REVIEWS AND EVALUATES ITS TAX POSITIONS TAKEN IN ITS FILED RETURNS AND RECOGNIZES THE BENEFIT FROM A TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE POSITION WOULD BE SUSTAINED UPON AUDIT BASED SOLELY ON THE TECHNICAL MERITS OF THE TAX POSITION. THE ORGANIZATION FILES FEDERAL AND MASSACHUSETTS TAX RETURNS. THE STATUTE OF LIMITATIONS FOR THESE JURISDICTIONS IS GENERALLY THREE YEARS. THE ORGANIZATION HAS NO RETURNS UNDER EXAMINATION AS OF DECEMBER 31, 2023. 1 NO AWARDS OVER 5000 VARIOUS- C/O 175 CABOT STREET 310 LOWELL MA 01854 501C3 240673 0 NO DOMESTIC ORGANIZATION OR DOMESTIC GOVERNMENT RECEIVED MORE THAN $5,000 AGGREGATE OF GRANTS OR ASSISTANCEFROM THE ORGANIZATION DURING THE TAX YEAR. ACCELERATOR AWARDS 210 199171 PITCH CONTEST AWARD 66 50002 PART I, LINE 2: WE TRACK THE TOTAL NUMBER OF SMALL BUSINESSES AND START-UPS WE ENGAGE IN WITH 5+ HOURS OF TECHNICAL ASSISTANCE RELATING TO BUSINESS START-UPS, STABILIZATION AND EXPANSION AND THE NUMBER OF RELATED JOBS IMPACTED. WE ALSO CAPTURE THE DEMOGRAPHIC DATA OF SMALL BUSINESS OWNERS IN TERMS OF GENDER, RACE, INCOME STATUS, VETERAN STATUS, AND/OR IMMIGRATION STATUS. X X X 0 0 0 0 0 0 0 0 0 MERALIS HOOD CEO/PRESIDENT 288497 0 0 0 0 0 0 0 17935 0 306432 0 0 0 GARY CHAMBERLAIN CHIEF TECHNOLOGY OFFICER 233338 0 0 0 0 0 0 0 17935 0 251273 0 0 0 CARLETTA HILL DIRECTOR OF HR 155618 0 0 0 0 0 0 0 1920 0 157538 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE AUDIT COMMITTEE AND THE BOARD BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE POLICY BY REQUIRING ALL DIRECTORS AND OFFICERS TO SIGN A CONFLICT OF INTEREST AND DISCLOSURE FORM ANNUALLY AND TO AFFIRMATIVELY DISCLOSE POTENTIAL CONFLICTS AS THEY ARISE. FORM 990, PART VI, SECTION B, LINE 15 THE CEO AND BOARD'S COMPENSATION COMMITTEE DETERMINES COMPENSATION FOR SENIOR EXECUTIVES BY COMPARABLE DATA FROM MULTIPLE SOURCES TO ENSURE THEY ARE COMPETITIVE IN THEIR FIELDS. THE CEO'S COMPENSATION IS DETERMINED BY THE COMPENSATION COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE FOR INSPECTION UPON REQUEST AND ALSO ON THE WEBSITE OF THE MASSACHUSETTS DIVISION OF PUBLIC CHARITIES. FORM 990, PART XI, LINE 9: LOSS ON UNCOLLECTIBLE PLEDGES -276,705. FORM 990, PAGE 12, PART XII, LINE 2C THE ORGANIZATION DID NOT CHANGE EITHER ITS OVERSIGHT PROCESS OF THE AUDIT, REVIEW, OR COMPILATION OF ITS FINANCIAL STATEMENTS OR SELECTION PROCESS FOR AN INDEPENDENT ACCOUNTANT DURING THE TAX YEAR.