Enterprise Development Corp EIN 43-1295518

Enterprise Development Corp FY2021 filing

EIN  43-1295518 Membership association Columbia, MO
Form 990 (PDF)
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Size
$100K–1M
What they do
Administers SBA 504 loans for central Missouri businesses.
Leadership
Donna Delong · Executive Dir. · $78K
Money in and out
$258K revenue, $250K expenses
Bottom line
+3% operating surplus

Administers SBA 504 loans for central Missouri businesses. For fiscal year 2021 it reported $258K in revenue, $250K in expenses, and $320K in net assets.Pt I

Membership & operating revenue · FY2021
Total revenue
$258K
Pt VIII · Ln 12
Total expenses
$250K
Pt IX · Ln 25
Net assets
$320K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $8K
Where spending went · Part IX cols B–D
Program services $0.38 Management & general $0.62
Operating surplus
+3%
revenue over expenses
Earned revenue
99%
of revenue from program services & dues
Payroll share
62%
of spending is salaries & benefits

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$258K
FY2021▼ -17%
Expenses
$250K
FY2021▲ +2%
Total assets
$334K
FY2021▲ +5%
Total liabilities
$13K
FY2021▲ +114%
Total revenue
$258K
Pt VIII · Ln 12
Total expenses
$250K
Pt IX · Ln 25
Net assets
$320K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$8K
Total assetsPt X · Ln 16$334K
Program-expense ratioPt IX · col B38%
Voting members of governing bodyPt I · Ln 38
Independent voting membersPt I · Ln 48
Mission & Programs · Part III

Where the work happens

1 program service account for $95K of program spending, described in the organization's own filed words · FY2020.
01

Administration of the SBA 504 loan program in central Missouri

$95Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CEnterprise Development Corp
EINHdr · item D43-1295518
Principal addressHdr · item CColumbia, MO
WebsiteHdr · item Jwww.entdebcorp.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMO
Exempt statusHdr · item I501(c)(4) · active
NTEE classificationIRS BMFCommunity Development (S43)
Ruling yearIRS BMF0000

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a8
Independent voting membersPt VI · Ln 1b8
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Executive Dir.
$77,557Pt VII · Sec A
Assoc Director
$53,541Pt VII · Sec A
President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Donna Delong’s $101K as Executive Dir. is at the 73rd percentile of top reported officer pay among 1711 $100K–1M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Donna Delong$100,680$93,812
Donna Delong$77,091$77,557$81,534
Michael Schrader$69,124
Michael Schrader$57,509$53,541$55,224

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Program service revenue$254K · 99%
Investment income$2K · 1%
Program service revenue99%$254K
Investment income1%$2K
Other revenue$1K
Total revenueLn 12$258K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.38 Management & general $0.62
Program services38%$95K
Management & general62%$155K
Total functional expensesLn 25$250K

Balance Sheet

Part X · end of year
CashLn 1$304K
Total assetsLn 16$334K
Total liabilitiesLn 26$13K
Total net assetsLn 32$320K
Months of cash on handcomputed14.6

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $304K · Operating expenses/yr $250K
14.6 months
Where the money goes
Program services
Program services $95K · Total expenses $250K
38%
Management & General
Management & general $155K · Total expenses $250K
62%
Fundraising
Fundraising $0 · Total expenses $250K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $258K
0%
Government reliance
Government grants — · Total revenue $258K
Earned-income share
Program service revenue $254K · Total revenue $258K
99%
Investment reliance
Investment income $2K · Total revenue $258K
+1%
Program self-sufficiency
Program service revenue $254K · Total expenses $250K
102%
Growth & trend
Revenue growth (YoY)
This year $258K · Prior year $309K
-17%
Net-asset trend (YoY)
End of year $320K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $258K · Expenses $250K
+3%
Liabilities-to-Assets
Total liabilities — · Total assets $334K
Net-asset ratio
Net assets $320K · Total assets $334K
96%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $334K
0%
People & payroll
Highest Reported Total Compensation
Individual Donna Delong · Reported title Executive Dir. · Highest reported compensation $78K · Total expenses $250K
31%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $154K · Total expenses $250K
62%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 38%
Overhead ratio 62%
Revenue growth -17%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 0%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$221K revenue · ⤓ 990 PDF
FY2024$286K revenue · ⤓ 990 PDF
FY2023$271K revenue · ⤓ 990 PDF
FY2022$239K revenue · ⤓ 990 PDF
FY2021$258K revenue · viewing · ⤓ 990 PDF
FY2020$309K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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