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THE ENTERPRISE CENTER'S MISSION IS TO CULTIVATE AND INVEST IN MINORITY ENTREPRENEURS TO INSPIRE WORKING TOGETHER FOR ECONOMIC GROWTH IN COMMUNITIES.
Source: IRS Form 990 (Tax Year 2023)
Source: IRS e-Filed Form 990 (from the IRS e-File system), Tax Year 2022
Total Revenue
▼$5.2M
Program Spending
68%
of total expenses go to program services
Total Contributions
$4.4M
Total Expenses
▼$4.7M
Total Assets
$18.2M
Total Liabilities
▼$720.5K
Net Assets
$17.5M
Officer Compensation
→$337.9K
Other Salaries
$2.3M
Investment Income
$222.3K
Fundraising
▼N/A
Tax Year 2022 · Source: IRS Form 990, Schedule I (Grants and Other Assistance)
Total grants awarded: $20K
| Recipient | Location | Amount | Type | Purpose |
|---|---|---|---|---|
HONEYSUCKLE PROJECTS LLC85-1648316 | PHILADELPHIA, PA | $20K | Cash | WORKING CAPITAL/EQUIPMENT |
| Total | $20K | |||
HONEYSUCKLE PROJECTS LLC
PHILADELPHIA, PA
$20K
Source: USAspending.gov · Searched by organization name
Total Federal Funding
$19.6M
Awards Found
35
Department of Commerce
$1.7M
REQUEST TO OPERATE THE NEWLY FORMED MBC-NJ
Department of Commerce
$1.7M
FY21 BUSINESS CENTER PROGRAM PHILADELPHIA PENNSYLVANIA
Department of Commerce
$1.6M
THE ENTERPRISE CENTER'S APPLICATION AS OPERATOR OF THE PENNSYLVANIA MINORITY BUSINESS CENTER. APPLICATION GRANT PERIOD IS FROM APRIL 2016 THROUGH MAR
Department of Commerce
$1.2M
MBDA BUSINESS CENTER - PHILADELPHIA, PENNSYLVANIA
Department of Commerce
$960K
THIS EDA INVESTMENT SUPPORTS THE ENTERPRISE CENTER WITH LAUNCHING THE INFRASTRUCTURE INNOVATIONS AND BUSINESS OPPORTUNITIES CENTER IN NEWARK, NEW JERSEY, TO CONNECT SOCIALLY AND ECONOMICALLY DISADVANTAGED CONTRACTORS AND BUSINESSES TO LARGE SCALE INFRASTRUCTURE PROJECTS IN THE REGION. ONCE COMPLETED, THE PROJECT WILL HELP THE REGION CAPITALIZE ON NEW OPPORTUNITIES IN WORKFORCE DEVELOPMENT, WHICH WILL ATTRACT PRIVATE INVESTMENT AND LEAD TO THE CREATION OF JOBS AND BUSINESSES.
Department of Transportation
$885K
FUNDING TO RECIPIENT TO COVER COSTS OF COOPERATIVE AGREEMENT
Department of Commerce
$868.8K
PENNSYLVANIA MINORITY BUSINESS ENTERPRISE CENTER
Department of Commerce
$700K
THE MINORITY BUSINESS DEVELOPMENT AGENCY (MBDA), A BUREAU OF THE U.S. DEPARTMENT OF COMMERCE, WILL PROVIDE FEDERAL ASSISTANCE TO SUPPORT INNOVATIVE PROJECTS SEEKING TO PROMOTE AND ENSURE THE GROWTH OF MINORITY ENTERPRISES. THE MBDA MINORITY BUSINESS ENTERPRISE (MBE) EQUITY MULTIPLIER PROJECT WILL FACILITATE TECHNICAL ASSISTANCE TO MBES RELATED TO ACCESSING CAPITAL. IN ACCORDANCE WITH EXECUTIVE ORDER 11625 AND 15 U.S.C. 1512, MBDA IS SOLICITING COMPETITIVE APPLICATIONS FROM ELIGIBLE ORGANIZATIONS FOR THE OPERATION OF MBDA MBE EQUITY MULTIPLIER PROJECTS AS DESCRIBED IN THIS BROAD AGENCY ANNOUNCEMENT (BAA). MBDA ANTICIPATES AWARDING APPROXIMATELY ONE (1) INDIVIDUAL COOPERATIVE AGREEMENT PURSUANT TO THIS BAA. THE MINORITY BUSINESS DEVELOPMENT AGENCY (MBDA) PROVIDES FEDERAL ASSISTANCE IN SUPPORT OF INNOVATIVE PROJECTS THAT PROMOTE AND SEEK TO RESOLVE THE CHALLENGES FACED BY MINORITY ENTERPRISES. THE FUNDS TO BE AWARDED BY THIS PROGRAM ARE NOT CONGRESSIONALLY DIRECTED FUNDS O
Department of Commerce
$695.7K
THE MINORITY BUSINESS DEVELOPMENT AGENCY WILL USE THE CORONAVIRUS RESPONSE AND RELIEF FUNDING TO SERVE AND PROVIDE A MORE COMPREHENSIVE RELIEF TO MINORITY BUSINESS ENTERPRISES TO PREVENT, PREPARE FOR, AND RESPOND TO EFFECTS OF COVID-19. SUCH ASSISTANCE WILL INCLUDE TECHNICAL ASSISTANCE, TRAINING, EDUCATION, AND ADVISORY SERVICES TO MINORITY BUSINESS ENTERPRISES. THE PERFORMANCE GOALS AND METRICS INCLUDE: NUMBER OF MINORITY BUSINESS ENTERPRISES AFFECTED BY COVID-19 THAT ARE ASSISTED BY THE BUSINESS CENTER; NUMBER OF MINORITY BUSINESS ENTERPRISES INFORMED AND/OR REFERRED BY THE BUSINESS CENTER TO COVID-RELATED LOCAL, STATE, AND FEDERAL GOVERNMENT ASSISTANCE PROGRAMS; NUMBER OF MBE APPLICATIONS SUBMITTED TO LOCAL, STATE, AND FEDERAL GOVERNMENT ASSISTANCE PROGRAMS AS A RESULT OF BUSINESS CENTER ASSISTANCE; NUMBER OF AWARDS ISSUED BY LOCAL, STATE, AND FEDERAL PROGRAMS TO MINORITY BUSINESS ENTERPRISES ASSISTED BY THE BUSINESS CENTER; AND NUMBER AND TYPE (SMALL, MEDIUM, LARGE, ) OF MINORITY
Department of Commerce
$562.9K
THE MINORITY BUSINESS DEVELOPMENT AGENCY WILL USE THE CORONAVIRUS RESPONSE AND RELIEF FUNDING TO SERVE AND PROVIDE A MORE COMPREHENSIVE RELIEF TO MINORITY BUSINESS ENTERPRISES TO PREVENT, PREPARE FOR, AND RESPOND TO EFFECTS OF COVID-19. SUCH ASSISTANCE WILL INCLUDE TECHNICAL ASSISTANCE, TRAINING, EDUCATION, AND ADVISORY SERVICES TO MINORITY BUSINESS ENTERPRISES. THE PERFORMANCE GOALS AND METRICS INCLUDE: NUMBER OF MINORITY BUSINESS ENTERPRISES AFFECTED BY COVID-19 THAT ARE ASSISTED BY THE BUSINESS CENTER; NUMBER OF MINORITY BUSINESS ENTERPRISES INFORMED AND/OR REFERRED BY THE BUSINESS CENTER TO COVID-RELATED LOCAL, STATE, AND FEDERAL GOVERNMENT ASSISTANCE PROGRAMS; NUMBER OF MBE APPLICATIONS SUBMITTED TO LOCAL, STATE, AND FEDERAL GOVERNMENT ASSISTANCE PROGRAMS AS A RESULT OF BUSINESS CENTER ASSISTANCE; NUMBER OF AWARDS ISSUED BY LOCAL, STATE, AND FEDERAL PROGRAMS TO MINORITY BUSINESS ENTERPRISES ASSISTED BY THE BUSINESS CENTER; AND NUMBER AND TYPE (SMALL, MEDIUM, LARGE, ) OF MINORITY BUSINESS ENTERPRISES AFFECTED BY COVID-19, IN ECONOMICALLY DISTRESSED AREAS, ASSISTED BY THE BUSINESS CENTER.
Small Business Administration
$350.5K
MICROLOAN PROGRAM - TECHNICAL ASSISTANCE
Small Business Administration
$237.7K
MICROLOAN PROGRAM ? TECHNICAL ASSISTANCE
Small Business Administration
$236.4K
THE SMALL BUSINESS ADMINISTRATION (SBA) MICROLOAN PROGRAM PROVIDES DIRECT LOANS AND GRANTS TO ELIGIBLE NON-PROFIT MICROLENDERS SO THAT THEY MAY PROVIDE MICRO-LEVEL LOANS, AND BUSINESS BASED TRAINING AND TECHNICAL ASSISTANCE TO START- UP, NEWLY ESTABLISHED AND GROWING SMALL BUSINESS CONCERNS.
Department of Commerce
$133.4K
TO PROVIDE STANDARDIZED BUSINESS ASSISTANCE SERVICES IN THE STATE OF PENNSYLVANIA.
Small Business Administration
$115.3K
MICROLOAN TECHNICAL ASSISTANCE PROGRAM
Small Business Administration
$64.2K
MICROLOAN TECHNICAL ASSISTANCE PROGRAM
Small Business Administration
$60K
MICROLOAN TECHNICAL ASSISTANCE GRANT
Department of Commerce
$0
THE MINORITY BUSINESS DEVELOPMENT AGENCY (MBDA), A BUREAU OF THE U.S. DEPARTMENT OF COMMERCE, WILL PROVIDE FEDERAL ASSISTANCE TO SUPPORT INNOVATIVE PROJECTS SEEKING TO PROMOTE AND ENSURE THE GROWTH OF MINORITY ENTERPRISES. THE MBDA MINORITY BUSINESS ENTERPRISE (MBE) EQUITY MULTIPLIER PROJECT WILL FACILITATE TECHNICAL ASSISTANCE TO MBES RELATED TO ACCESSING CAPITAL. IN ACCORDANCE WITH EXECUTIVE ORDER 11625 AND 15 U.S.C. ? 1512, MBDA IS SOLICITING COMPETITIVE APPLICATIONS FROM ELIGIBLE ORGANIZATIONS FOR THE OPERATION OF MBDA MBE EQUITY MULTIPLIER PROJECTS AS DESCRIBED IN THIS BROAD AGENCY ANNOUNCEMENT (BAA). MBDA ANTICIPATES AWARDING APPROXIMATELY ONE (1) INDIVIDUAL COOPERATIVE AGREEMENT PURSUANT TO THIS BAA. THE MINORITY BUSINESS DEVELOPMENT AGENCY (MBDA) PROVIDES FEDERAL ASSISTANCE IN SUPPORT OF INNOVATIVE PROJECTS THAT PROMOTE AND SEEK TO RESOLVE THE CHALLENGES FACED BY MINORITY ENTERPRISES. THE FUNDS TO BE AWARDED BY THIS PROGRAM ARE NOT CONGRESSIONALLY DIRECTED FUNDS OR DESIGNATED FOR EXISTING FUNDED AWARDS. IN THE FISCAL YEAR 2021 APPROPRIATIONS BILL, CONGRESS AUTHORIZED MBDA TO FOSTER, PROMOTE, AND DEVELOP MINORITY BUSINESS ENTERPRISE, THROUGH GRANTS, CONTRACTS, AND OTHER AGREEMENTS WITH PUBLIC OR PRIVATE ORGANIZATIONS. SEE CONSOLIDATED APPROPRIATIONS ACT OF 2021, PUB. L. NO. 116-260 (DECEMBER 27, 2020). MBDA IS AUTHORIZED PURSUANT TO EXECUTIVE ORDER 11625 TO PROVIDE FINANCIAL ASSISTANCE TO PUBLIC AND PRIVATE ORGANIZATIONS SO THAT THEY MAY RENDER TECHNICAL AND MANAGEMENT ASSISTANCE TO MINORITY BUSINESS ENTERPRISES AND DEFRAY ALL OR PART OF THE COSTS OF PILOT OR DEMONSTRATION PROJECTS CONDUCTED BY PUBLIC OR PRIVATE AGENCIES OR ORGANIZATIONS THAT ARE DESIGNED TO OVERCOME THE SPECIAL CHALLENGES OF MINORITY BUSINESS ENTERPRISES.
Source: Federal Audit Clearinghouse (fac.gov)
Total Audits
13
Clean Audits
11
Material Weakness
Yes
Noncompliance Issues
Yes
| Year | Status | Financial Report | Federal Expenditure | Low Risk | Accepted |
|---|---|---|---|---|---|
| 2025 | Clean | Unmodified (Clean) | $3.3M | Yes | 2026-09-14 |
| 2025 | Clean | Unmodified (Clean) | $3.4M | Yes | 2026-03-12 |
| 2024 | Clean | Unmodified (Clean) | $3.1M | No | 2026-09-14 |
| 2024 | Clean | Unmodified (Clean) | $3.1M | No | 2025-02-11 |
| 2023 | Clean | Unmodified (Clean) | $2.7M | No | 2024-02-11 |
| 2022 | Material Weakness | Unmodified (Clean) | $2.2M | Yes | 2024-02-11 |
| 2022 | Minor Findings | Unmodified (Clean) | $2.2M | Yes | 2023-06-21 |
| 2021 | Clean | Unmodified (Clean) | $1.9M | Yes | 2022-03-30 |
| 2020 | Clean | Unmodified (Clean) | $2.4M | Yes | 2021-03-24 |
| 2019 | Clean | Unmodified (Clean) | $1.7M | Yes | 2020-03-03 |
| 2018 | Clean | Unmodified (Clean) | $1.6M | Yes | 2019-02-26 |
| 2017 | Clean | Unmodified (Clean) | $1.8M | Yes | 2018-03-26 |
| 2016 | Clean | Unmodified (Clean) | $1.5M | Yes | 2017-02-06 |
Financial Report
Unmodified (Clean)
Federal Expenditure
$3.3M
Financial Report
Unmodified (Clean)
Federal Expenditure
$3.4M
Financial Report
Unmodified (Clean)
Federal Expenditure
$3.1M
Financial Report
Unmodified (Clean)
Federal Expenditure
$3.1M
Financial Report
Unmodified (Clean)
Federal Expenditure
$2.7M
Financial Report
Unmodified (Clean)
Federal Expenditure
$2.2M
Financial Report
Unmodified (Clean)
Federal Expenditure
$2.2M
Financial Report
Unmodified (Clean)
Federal Expenditure
$1.9M
Financial Report
Unmodified (Clean)
Federal Expenditure
$2.4M
Financial Report
Unmodified (Clean)
Federal Expenditure
$1.7M
Financial Report
Unmodified (Clean)
Federal Expenditure
$1.6M
Financial Report
Unmodified (Clean)
Federal Expenditure
$1.8M
Financial Report
Unmodified (Clean)
Federal Expenditure
$1.5M
Tax Year 2022 · Source: IRS e-Filed Form 990Schedule J available
Individuals serving as officers, directors, or trustees of the organization.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other |
|---|
Source: IRS Publication 78, Auto-Revocation List & e-Postcard Data
Tax-deductible contributions: Yes
Deductibility code: PC
Sources: IRS e-Filed Form 990 (XML) & ProPublica Nonprofit Explorer
Scroll →
| Year | Revenue | Contributions | Expenses | Assets | Net Assets |
|---|---|---|---|---|---|
| 2023 | $5.2M | $4.4M | $4.7M | $18.2M | $17.5M |
| 2022IRS e-File | $5.2M | $4.4M | $4.7M | $18.2M | $17.5M |
| 2021 | $14.3M | $3.4M | $4.7M | $14.8M | $14.2M |
| 2020 | $4.7M | $4.4M | $2.9M |
Sources: ProPublica Nonprofit Explorer & IRS e-File Index
| Tax Year | Form Type | Source | Documents |
|---|---|---|---|
| 2024 | 990 | IRS e-File | |
| 2023 | 990 | DataIRS e-File | PDF not yet published by IRSView Filing → |
| 2022 | 990 | DataIRS e-File |
Financial data: IRS e-Filed Form 990 (Tax Year 2022)
Leadership & compensation: IRS e-Filed Form 990, Part VII (Tax Year 2022)
Federal grants: USAspending.gov (live)
Organization info: IRS Business Master File
Tax-deductibility: IRS Publication 78
| Total |
|---|
| Della Clark | President | 30 | $345K | $0 | $7,948 | $352.9K |
Della Clark
President
$352.9K
Hrs/Wk
30
Compensation
$345K
Related Orgs
$0
Other
$7,948
Highest compensated employees who are not officers or directors.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Jeff Wicklund | EVP | 40 | $121.5K | $0 | $24.4K | $145.9K |
| Iola Harper | Director | 40 | $132.8K | $0 | $11.1K | $143.9K |
| Victoria Hosendorf | EVP | 40 | $127.5K | $0 | $12.1K | $139.6K |
Jeff Wicklund
EVP
$145.9K
Hrs/Wk
40
Compensation
$121.5K
Related Orgs
$0
Other
$24.4K
Iola Harper
Director
$143.9K
Hrs/Wk
40
Compensation
$132.8K
Related Orgs
$0
Other
$11.1K
Victoria Hosendorf
EVP
$139.6K
Hrs/Wk
40
Compensation
$127.5K
Related Orgs
$0
Other
$12.1K
Members of the governing board. Board members often serve without compensation.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Alima Redding | Director | 1 | $0 | $0 | $0 | $0 |
| Andrew Cherry | Director | 1 | $0 | $0 | $0 | $0 |
| Brian Radic | Director | 1 | $0 | $0 | $0 | $0 |
| Charles Hopkins | Director | 1 | $0 | $0 | $0 | $0 |
| Harold Glass | Director | 1 | $0 | $0 | $0 | $0 |
| Jonathan Horn | Director | 1 |
Alima Redding
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Andrew Cherry
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Brian Radic
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
| $4.9M |
| $4.5M |
| 2019 | $2.3M | $1.8M | $2.4M | $3M | $2.8M |
| 2018 | $2M | $1.6M | $1.8M | $3.2M | $2.9M |
| 2017 | $2.4M | $1.9M | $2.2M | $3M | $2.8M |
| 2016 | $2.1M | $1.6M | $2.1M | $2.7M | $2.6M |
| 2015 | $1.7M | $1.4M | $1.9M | $2.8M | $2.6M |
| 2014 | $1.7M | $1.3M | $1.7M | $3.1M | $2.8M |
| 2013 | $1.2M | $856K | $1.6M | $3.1M | $2.8M |
| 2012 | $1.7M | $588.1K | $1.6M | $3.4M | $3.2M |
| 2021 | 990 | Data | PDF not yet published by IRS |
| 2020 | 990 | Data |
| 2019 | 990 | Data |
| 2018 | 990 | Data |
| 2017 | 990 | Data |
| 2016 | 990 | Data |
| 2015 | 990 | Data |
| 2014 | 990 | Data |
| 2013 | 990 | Data |
| 2012 | 990 | Data |
| 2011 | 990 | — |
| 2010 | 990 | — |
| 2009 | 990 | — |
| 2008 | 990 | — |
| 2007 | 990 | — |
| 2006 | 990 | — |
| 2005 | 990 | — |
| 2004 | 990 | — |
| 2003 | 990 | — |
| 2002 | 990 | — |
| 2001 | 990 | — |
| $0 |
| $0 |
| $0 |
| $0 |
| Larry Bell | Director | 1 | $0 | $0 | $0 | $0 |
| Tarik Brooks | Director | 1 | $0 | $0 | $0 | $0 |
Charles Hopkins
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Harold Glass
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Jonathan Horn
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Larry Bell
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Tarik Brooks
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0