2019-06-26T15:48:59-05:00 2018-12-31 363990892 Capin Crouse LLP 3050 Saturn Street Suite 104 Brea CA 92821 990 2018-01-01 030576666 Small Business Majority Foundation Inc SMAL 2028288357 4000 Bridgeway No 305 Sausalito CA 94965 John Arensmeyer Founder & CEO 2028288357 2019-06-26 1 Ashley Peabody P01385870 7145770988 139.146.132.42 2019-06-26 16:48:48 ED P 350FE1E716C3D49CF7DCFFC9F13DBC0748B74324 E3F0675C21DF287DA5FFAB57B9121F84E143E9AF 2018 2019-02-21 02:37:17Z Small Business Majority John Arensmeyer 4000 Bridgeway No 305 Sausalito CA 94965 3834551 0 X www.smallbusinessmajority.org X 2005 DC Support America's 28 million small businesses via public policy advocacy and practical resources. 5 4 34 5 0 0 3371745 3817115 0 0 624 1136 49395 16300 3421764 3834551 0 0 0 0 2447433 2696017 0 0 309126 919971 1013815 3367404 3709832 54360 124719 2876571 1562913 2806505 1368128 70066 194785 X Small Business Majority is a national small business advocacy organization, founded by small business owners to ensure that small businesses are at the heart of a thriving, inclusive economy. We actively engage small business owners across America to drive smart public policy and get entrepreneurs the resources they need to thrive. 0 0 2348859 2875 Outreach & Education - We conduct outreach from our offices in Washington, DC, California, Colorado, Illinois, and Missouri. We educate and seek feedback on access to capital, healthcare, taxes, retirement, paid leave, workforce and other policies directly impacting entrepreneurship from our network of 58,000 small business owners and 1,000 business organizations. We have built a formal strategic partnership program including 165 business organizations that enables us to reach small business owners, and we are advised by a national network council of active small business owners. We combine these outreach and education activities with our research to drive our communications program. 543687 Communication - We communicate our message to policymakers and the media via extensive public relations efforts targeting mainstream electronic, print and online media. Our work includes one-on-one communication, statements, op-eds, letters to the editor, multiple web sites, a regular e-newsletter and daily communication via a host of social media channels. We testify before national and state legislative committees when invited, and we regularly brief policymakers and their staffs about our research, often using our network of small business owners to provide a real world perspective. We also place online advertisments, and on occasion, we place paid media in TV, radio, and print publications. 141020 Research - We conduct extensive scientific polling, focus groups, roundatble discussions and economic research to determine the opinions, concerns, and needs of small business owners regarding a multitude of issues including healthcare, clean energy, immigration, taxes, access to capital, financial reform, and workforce development. We use this research to better understand small business needs and to educate and inform policymakers, the media, and other stakeholders who are seeking to understand these complex policy issues. 3033566 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 12 0 1 34 1 0 0 0 0 0 0 0 0 0 0 0 0 X 5 4 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA CO DC IL MO NJ NY OH OR X Kathleen Berry 2028288357 4000 Bridgeway Suite 305 Sausalito CA 94965 John Arensmeyer Founder & CEO 60.00 X X 268704 0 23479 LaJuanna Russell Director 1.00 X 0 0 0 Celia Canfield Director 1.00 X 0 0 0 Ken Henderson Director 1.00 X 0 0 0 Jessica Milano Director 1.00 X 0 0 0 Harland Henry part year Director 1.00 X 0 0 0 Kip Howard part year Director 1.00 X 0 0 0 Kathleen Berry - Secretary Treasurer / Dir. of Operations 40.00 X 120855 0 17994 David Chase VP, National Outreach 60.00 X 139487 0 5992 Brian Pifer VP, Entrepreneurship 60.00 X 112380 0 19880 Mark Herbert California Director 60.00 X 105775 0 32144 Cassie Mills VP, Communications 60.00 X 102397 0 9663 849598 0 109152 6 0 1 0 GMMB Inc 3050 K Street NW Suite 100 Washington DC 20007 Digital Media Campaign 179747 1 20000 3797115 3817115 906 906 13425 0 13425 13425 13425 230 0 230 230 230 Miscellaneous Income 900099 2875 2875 2875 3834551 2875 0 14561 X 431459 337962 50759 42738 1896600 1485610 223122 187868 188492 147646 22175 18671 179466 140576 21113 17777 26514 20769 3119 2626 390529 390529 660 517 78 65 39276 30763 4623 3890 19536 15303 2298 1935 205290 160804 24151 20335 163620 151436 6615 5569 52498 41122 6176 5200 10889 8529 1281 1079 4129 3234 486 409 Other Project Exp. 91147 91147 Recruiting 9727 7619 1144 964 3709832 3033566 367140 309126 X 234098 93067 1076744 918223 1466216 455380 61865 62077 59223 44071 18633 15152 19015 19014 2876571 1562913 58642 56122 2747863 1312006 2806505 1368128 X 70066 194785 70066 194785 2876571 1562913 124719 0 X X 0 1 X 1 0 X 4320578 3211662 3772949 3371745 3817115 18494049 4320578 3211662 3772949 3371745 3817115 18494049 6803081 11690968 1003 419 521 40941 14331 57215 3984 4662 2164 8978 2875 22663 18573927 0.62940 0.74720 X Schedule A, Part II, Line 10, Explanation of Other Income: Miscellaneous Income - 2014 Amount: $ 3,984. 2015 Amount: $ 4,662. 2016 Amount: $ 2,164. 2017 Amount: $ 8,978. 2018 Amount: $ 2,875. 3473 30138 33611 3676221 3709832 335492 83873 0 0 352465 338179 318370 335492 1344506 2016759 16961 17576 29470 33611 97618 88116 84545 79593 83873 336127 504191 1714 7500 10388 3473 23075 59223 44071 15152 15152 3861344 26793 26793 3834551 0 3834551 3736625 26793 26793 3709832 0 3709832 X X X X 0 0 0 0 0 0 0 0 0 John Arensmeyer Founder & CEO 268704 0 0 0 0 0 0 0 23692 0 292396 0 0 0 Form 990, Part VI, Section B, line 11b The Form 990 is prepared by an independent CPA firm. It is reviewed in detail by the CEO and VP of Operations, and then every member of the governing body reviews the return prior to electronic filing with the IRS. Form 990, Part VI, Section B, line 12c Each director, principal officer, and member of a committee with governing board delegated powers annually signs a conflict of interest statement which is reviewed by the CEO and Operations Director. Conflict of interest statements for the CEO and Operations Director are reviewed by the Board of Directors. The organization performs periodic reviews to ensure that the policy is being followed. Should any potential conflicts of interest be disclosed, the director or officer would be asked to refrain from participation in any decision with regard to matters affected by the relationship. Form 990, Part VI, Section B, line 15 15a - The compensation for the CEO is determined by the majority of the disinterested members of the Board, in accordance with Article V of the conflict of interest policy. The decision to award such compensation was based upon analysis of comparable non-profit CEO compensation taken from Guidestar. The approval process is documented in the minutes. 15b - The compensation for other officers is determined by a majority vote of the disinterested members of the Board. Comparability data is used, and the approval process is documented in the minutes. Form 990, Part VI, Section C, line 19 The organization's governing documents, conflict of interest policy, and financial statements are available upon request. Form 990, Part IX, line 11g Research consultants: Program service expenses 112,700. Management and general expenses 0. Fundraising expenses 0. Total expenses 112,700. Other consultants: Program service expenses 277,829. Management and general expenses 0. Fundraising expenses 0. Total expenses 277,829. Form 990, Part X, Line 27 In accordance with the principles of FASB ASU 2016-14 (ASC 958), the organization has implemented required changes to its audited financial statements for the period ended 12/31/2018. To date, Form 990 and its associated schedules have not been updated to reflect changes made by this standard. Thus, we have reported the revised net asset categories from the audited financial statements as follows on Form 990, Part X, Line 27: Line 27 - Net assets without donor restrictions $194,785 --------- Total net assets $194,785 Form 990, Part XII, Line 2c The organization's Board assumes responsibility for oversight of the audit of its financial statements and selection of its independent accountant. This process has not changed since the prior year.