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Sb Works

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 473838493 ✦ Washington, DC ✦ Designated as a 501(c)(3)

Overview

What is Sb Works?

Sb Works is a nonprofit organization situated in Washington D.C., specifically at 2316 Rhode Island Ave NE, 20018. Their primary focus is on promoting economic development and job creation in underserved communities within the Greater Washington D.C. area. They achieve this goal through innovative business training and incubation strategies. During this current program fiscal year, extending from October 1, 2021, to September 30, 2022, Sb Works aided approximately 140 small business clients primarily based in low and moderate-income areas of Washington D.C. Their assistance mainly involves one-on-one consulting and development, interactive classes, and the use of subsidized third-party consultants for specialized subjects. Typically, each client receives between 9 to 15 hours of assistance for their business. The work is carried out by a diverse team of salaried staff and independent contractors, and the program is primarily funded by local district grants.


Official website here: www.sbworksdc.org

Is Sb Works legitimate?

Sb Works is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sb Works submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $231,653

For more financial information, click here


Official website here: www.sbworksdc.org

What is the mission statement of Sb Works?

Sb Works' mission is centered around promoting economic development and job creation in underserved communities. They achieve this objective by utilizing innovative methods in business training and incubation settings. Over the course of a year, they assisted approximately 140 small businesses primarily based in low to moderate income areas, providing one-on-one consulting, interactive classes, and subsidized specialized support. The typical client receives between 9 to 15 hours of assistance, with the work being carried out by a mix of salaried staff and independent contractors. The program is primarily funded by local district grants.


Official website here: www.sbworksdc.org

Who is the CEO of Sb Works?

John Mains is the Outreach Coordinator of Sb Works.


Official website here: www.sbworksdc.org

What is the revenue of Sb Works?

Sb Works's revenue in 2022 was $669,058.


Official website here: www.sbworksdc.org

Who are the executives of Sb Works and what are their salaries?

The average compensation at Sb Works during 2022 was $46,331. There are 5 employees at Sb Works.

Here are 10 key members and their salaries:

    John Mains (Executive Director)
  • Compensation: $86,700
  • Related: $0
  • Other: $0

    • Thomas Litke (Grants Manager)
  • Compensation: $76,500
  • Related: $0
  • Other: $0

    • Cristine Davis (Outreach Coordinator)
  • Compensation: $28,761
  • Related: $0
  • Other: $0

    • Chris Van Orden (Subject Specialist)
  • Compensation: $25,519
  • Related: $0
  • Other: $0

    • Micah Feinstein (Program Specialist)
  • Compensation: $14,173
  • Related: $0
  • Other: $0

    • Morgan Zehner (Board Of Directors President)
  • Compensation: $2,400
  • Related: $0
  • Other: $0

    • Emily Morris (Board Of Directors Member)
  • Compensation: $1,800
  • Related: $0
  • Other: $0

    • Bill Mcleod (Board Of Directors Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Deborah Jones (Board Of Directors Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jon Wagithuku (Board Of Directors Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.sbworksdc.org

    Where can I find the form 990 for Sb Works?

    The Sb Works’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.sbworksdc.org

    Learn more at the official website: www.sbworksdc.org

    Mission Statement of Sb Works

    Sb Works, an economic development organization, is committed to fostering job creation and business growth in underserved communities within the Greater Washington DC area. They achieve this mission by employing innovative techniques in business training and incubation settings. The primary objective of Sb Works is to enable economic development and job creation in these communities, thereby promoting overall economic growth and stability. To accomplish this, Sb Works offers a range of services, including one-on-one business consulting, interactive classes, and subsidized third-party consultants for specialty subjects. The organization typically provides around 9-15 hours of assistance to each client, utilizing a combination of salaried staff and independent contractors. During the specified program fiscal years, Sb Works served approximately 140 small businesses predominantly located in low and moderate income areas of the District of Columbia.

    Impact

    This information is meant to be a general summary of Sb Works. Please take the time to review official sources before making any decisions based upon the content provided here.




    Wednesday, July 24, 2024

    Sb Works has made a significant impact in the Greater Washington DC area by enabling economic development and job creation in underserved communities. Through innovative approaches in business training and incubation, Sb Works has assisted approximately 140 small business clients over the past year, with a focus on those serving low and moderate-income areas of the District of Columbia.

    Their work primarily involves one-on-one small business consulting, interactive classes, and subsidized third-party consultants on specialty subjects. On average, clients receive 9-15 hours of assistance for their businesses, provided by a combination of salaried staff and independent contractors. The program is primarily funded by local district grants, showcasing a commitment to community improvement and sustainable growth in the region.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $0
  • Program Service Revenue: $846
  • Gross Receipts: $669,058

    • Assets and Liabilities:
  • Total Assets: $472,750
  • Total Liabilities: $0
  • Net Assets: $472,750
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    Contributions from Clients

    Revenue

    $846

    Organization Details

    Founding Year

    2015

    Principal Officer

    John Mains

    Main Address

    2316 RHODE ISLAND AVE NE, WASHINGTON, DC, 20018

    NTEE Category

    Code: S19 - Community improvement

    If you are a representative of Sb Works and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.