2020-11-13T11:21:53-06:00 2019-12-31 Fiondella Milone & LaSaracina LLP 300 Winding Brook Drive Glastonbury CT 06033 990 2019-01-01 201452405 Social Enterprise Trust Inc % MIKE THURZ SOCI 8605609120 1429 Park Street Hartford CT 06106 SARAH BODLEY Executive Director 8605609120 2020-11-15 true Amber D Tucker Director P01593305 8606573651 209.6.152.200 06054820203185000002 2020-11-13 P 16CD78CB02929E771114A8330405A9283E2564B7 16CD78CB02929E771114A8330405A9283E2564B7 2019 2021-01-29 14:40:06Z SARAH BODLEY 1429 Park Street Hartford CT 06106 440820 false X www.socialenterprisetrust.org X 2004 CT TO ADVANCE THE SOCIAL ENTERPRISE SECTOR. 11 11 4 60 0 365917 393122 50777 47609 0 0 89 89 416783 440820 0 0 0 0 180971 173566 0 0 14818 223254 247468 404225 421034 12558 19786 135179 143034 59426 47495 75753 95539 X TO ADVANCE THE SOCIAL ENTERPRISE SECTOR. false false 24693 The organization's internship program directly connects students with startups while providing a comprehensive study of business model theory and design. Students also apply theories in their own venture project development, culminating in a pitch event. In 2019, 6 students completed internships, completing 12 projects for startups. 143627 20000 The organization runs a 4 month program called Impact Accelerator that provides entrepreneurs with an expert-led, peer learning group and includes classroom time, access to coworking space, and a variety of other resources to help build their social enterprise. 14 startups attended the 2019 accelerator, which culminated in a Venture Showcase featuring the top 7 startups pitching their businesses to an audience of over 200. 22354 1472 47609 The organization provides a variety of resources to educate the community about social enterprises as a viable business concept through a variety of speaking and education programs. They also educate the public about and support legislation which assists social enterprises. 34 community events were hosted throughout the year, including workshops, forums, and pitch events. 51351 Student Incubator Program- social enterprise incubators for undergraduates at partner colleges 33160 Food Incubator Program- Piolet program supporting 18 early-stage culinary business. 84511 275185 true true false false false false false false false false true false false false false false true true false false false false false false false false false false false false false false false false false false false true false false false false true false true false false false true 12 0 true 4 true false false false false false false false false false false false false X 11 11 false false false false false false false true true false false true true true true true false true true false CT X MIKE THURZ 8605609120 1429 PARK STREET Hartford CT 06106 Sarah Bodley Executive Director 40.0 0.0 X X 75000 0 0 Ojala Naeem Former M. Director (thru 2/19) 0.0 0.0 X 11818 0 0 Kate Emery President 12.0 0.0 X X 0 0 0 David Fearon Secretary 3.0 0.0 X X 0 0 0 Tara Spain Director 2.0 0.0 X 0 0 0 Jim Carter Treasurer 3.0 0.0 X X 0 0 0 Nate Dudek Director 2.0 0.0 X 0 0 0 Laura Dinan Haber Director 2.0 0.0 X 0 0 0 Mitch Jackson Director 2.0 0.0 X 0 0 0 David Menard Director 2.0 0.0 X 0 0 0 Mary Barneby Director 3.0 0.0 X 0 0 0 Denise Whitford Director 3.0 0.0 X 0 0 0 Vijay Laknidhi Director 2.0 0.0 X 0 0 0 86818 0 0 0 false false false 0 171760 221362 393122 TUITION/COURSE FEES 611430 1000 1000 CO-WORKING FEES 611430 46609 46609 47609 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 OTHER INCOME 900099 89 89 89 440820 47698 0 0 0 0 0 0 167134 134233 18148 14753 0 6432 2124 4243 65 0 0 0 29575 29575 0 0 0 19696 200 19496 0 0 0 0 54731 39832 14899 0 0 0 845 845 0 2388 2388 0 EVENTS 36019 35637 382 0 MARKETING AND DEVELOPMENT 52404 43200 9204 OPERATIONS 51810 19959 31851 421034 275185 131031 14818 127423 101786 0 0 0 0 2334 33084 0 0 0 0 0 0 0 0 1499 6629 86317 84782 3923 1535 0 0 0 0 0 0 0 0 0 0 135179 143034 57564 45004 0 0 1862 2491 0 0 0 0 0 0 0 0 0 0 0 0 59426 47495 X -13674 -25061 89427 120600 75753 95539 135179 143034 19786 X false true X true false X 719412 519867 445631 365917 393122 2443949 0 0 719412 519867 445631 365917 393122 2443949 63915 2380034 0 0 1087 731 107 89 89 2103 2446052 0.97301 0.88120 X Other Income 2014 Amount: 840 2015 Amount: 1,087 2016 Amount: 731 2017 Amount: 107 2018 Amount: 89 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 61557 61557 0 24760 23225 1535 1535 462495 21675 21675 440820 440820 442709 21675 21675 421034 421034 FIN 48 (ASC 740) The Organization has received an exemption from the Internal Revenue Service (IRS) from federal income taxes under Section 501(c)(3) of the Internal Revenue Code. The Organization is required to make the appropriate tax payments on any income considered unrelated to its exempt purpose. The Organization files Form 990, Return of Organization Exempt from Income Tax, which is subject to examination by the IRS until the applicable statute of limitation expires. The Organization is no longer subject to review for years ended prior to December 31, 2016. The Walker Group Board Chairman of the organization IT services Sch L, part IV, business trasactions involving interest persons (A) Name of person: The Walker Group (B) Relationship between interested person and organization: Board Chairman of organization is CEO and 100% owner of the walker group (C) Description of transaction: paid to the walker group for certain technology consulting, web design, and IT services Form 990, Part VI, section B, line 11: The executive director reviewed the form 990 with the finance committee and the accountant prior to finalizing the return. Form 990, Part VI, Section B, Line 12c There is an annual review of the conflict of interest policy at the board level. there is verbal acknowledgement by the board members that they are in compliance. Form 990, Part VI, Section C, Line 18 The organization's form 990 is available to anyone through Guidestar. Form 990, Part VI, Section C, line 19 The organization's governing documents, financial statements and conflict of interest policy are available to anyone upon request. Form 990, part XII, Line 2c The organization did not change its oversight process or selection process for the audit of its financial statements and selection of an independent accountant during the year. Social Enterprise Investment Fund 1429 Park Street Hartford CT 06106 To Invest in CT 54516 Social Ent