EIN 47-3838493

SB Works

IRS 501(c) type
501(c)(3)
Num. employees
5
Year formed
2015
Most recent tax filings
2022-12-01
NTEE code, primary
Description
Enable economic development and job creation in underserved communities in the greater Washington DC area by utilizing innovative approaches approaches in a business training and incubation setting. Economic development and job creation in underserved communities in the Greater Washington DC area by utilizing innovative approaches in business training and incubation setting.
Total revenues
$669,058
2022
Total expenses
$507,314
2022
Total assets
$472,750
2022
Num. employees
5
2022

Program areas at SB Works

Over this calendar year (spanning two program fiscal years starting 10/1/21-9-30/22 and then next) assisted roughly 140 small business clients predominately serving low and moderate income areas of the District of Columbia. Work was primarily one on one small business consulting and development, small interactive classes and trainings, and subsidized third party consultants on specialty subjects. Typical client received 9-15 hours of assistance for their business in some form, and work was performed by a mix of salaried staff, and independent contractors. Program was primarily funded by local district grants.
Approximately 40 small businesses located in low and moderate income received subsidized storefront and faade improvement programs with paid staff/consultants handling the process from design to permitting etc. Client businesses averaged 5,000-20,000 of dedicated consultants worth of assistance. Grant funding was the major source of revenue for this program.

Personnel at SB Works

NameTitleCompensation
John BecameExecutive Director in 2016, and
John MainsExecutive Director$86,700
Chris van OrdenResiliency Director$25,519
Thomas LitkeGrants Manager$76,500
Tom LitkeProgram Manager - - DC$31,250
...and 6 more key personnel

Financials for SB Works

RevenuesFYE 12/2022
Total grants, contributions, etc.$668,212
Program services$846
Investment income and dividends
Tax-exempt bond proceeds
Royalty revenue
Net rental income
Net gain from sale of non-inventory assets
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$669,058

Form 990s for SB Works

Fiscal year endingDate received by IRSFormPDF link
2022-122023-05-16990View PDF
2021-122022-05-16990View PDF
2020-122022-05-16990View PDF
2019-122022-07-11990View PDF
2018-122020-06-08990View PDF
...and 3 more Form 990s
Data update history
July 12, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 12, 2023
Posted financials
Added Form 990 for fiscal year 2020
July 7, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 30, 2023
Updated personnel
Identified 4 new personnel
May 6, 2023
Updated personnel
Identified 8 new personnel
Nonprofit Types
Employment organizationsBusiness and community development organizationsCharities
Issues
EducationCommunity improvementEconomic development
Characteristics
Partially liquidatedState / local levelReceives government fundingTax deductible donations
General information
Address
2316 Rhode Island Ave Ne
Washington, DC 20018
Metro area
Washington-Arlington-Alexandria, DC-VA-MD-WV
County
District of Columbia, DC
Website URL
sbworksdc.org/ 
Phone
(202) 803-5400
IRS details
EIN
47-3838493
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2015
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S30: Economic Development
NAICS code, primary
611430: Professional and Management Development Training
Parent/child status
Independent
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