Georgia · Nonprofit
SMALL BUSINESS ASSISTANCE CORPORATION
SMALL BUSINESS ASSISTANCE CORPORATION (Georgia) receives grants from 3 organizations whose IRS filings report $103,555 to it, the largest being TRUIST FOUNDATION INC ($100,000). 1 of them have funded it in more than one year.
- Revenue FY2024
- $5.8M
- Funders on record
- 3
- Grants received
- $104k
- Net assets
- $16M
What Small Business Assistance Corporation does
Mission
Exempt purpose is to foster economic development in savannah, georgiaand the surrounding region.
As stated on its FY2024 Form 990.
Programs
The Small Business Assistance Corporation is a specialized, nonprofit business development organization licensed by the united states small business administration and contracted by the city of savannah to promote small business development in both the city and the region. Our program addresses: access to capital, access to management assistance, and business opportunity.
$1,516,545 spent$3,224,618 earned by the program94% of program spendingOther program services, not described on the e-filed return.
$89,693 spent6% of program spending
The 2 programs described on its FY2023 Form 990, listed largest first by expense. Program spending in total: $1,606,238.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $15M to $21M (+45%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 65% · 2018 26% · 2019 63% · 2020 45% · 2021 63% · 2022 45% · 2023 34% · 2024 28%. Grants only. Government contracts and fees sit inside program revenue.
28% of SMALL BUSINESS ASSISTANCE CORPORATION’s revenue is contributions — about as donation-reliant as the typical peer (61% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Victoria Saxton
CEO
Board chair
Brendan Ferrara
Chairman
As listed on its FY2024 Form 990.
The chief executive listed changed between the FY2023 and FY2024 filings.
Who funds it, year by year
2020 → 2023: the base held at 2 funders, grant income fell $100k → $4k.
1 of 3 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 0% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of SMALL BUSINESS ASSISTANCE CORPORATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
SMALL BUSINESS ASSISTANCE CORPORATION leans on a few funders — its largest provides 97% of grant income and the top three 100%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
Largest funder’s share by year: 2020 100% · 2021 100% · 2022 100% · 2023 100% — broadly stable.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
SMALL BUSINESS ASSISTANCE CORPORATION draws 97% of its grant income from funders outside Georgia, across 2 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $55 arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
SMALL BUSINESS ASSISTANCE CORPORATION runs a healthier operating margin than three-quarters of the 4,203 community improvement nonprofits its size.
this organization peer median middle 50% of peers· 4,203 community improvement nonprofits $1M–$10M, FY2024
Government funding SMALL BUSINESS ASSISTANCE CORPORATION receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $9.6M on record.
- Department of the Treasury$7.8M
- Small Business Administration$1.8M
- Department of Agriculture$46k
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like SMALL BUSINESS ASSISTANCE CORPORATION
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Georgia
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
67% of spending goes to programs.
Governance
Public support
83%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for SMALL BUSINESS ASSISTANCE CORPORATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds SMALL BUSINESS ASSISTANCE CORPORATION?
- SMALL BUSINESS ASSISTANCE CORPORATION (Georgia) receives grants from 3 organizations whose IRS filings report $103,555 to it, the largest being TRUIST FOUNDATION INC ($100,000). 1 of them have funded it in more than one year.
- How many funders does SMALL BUSINESS ASSISTANCE CORPORATION have?
- IRS filings report 3 organizations giving $103,555 in grants to SMALL BUSINESS ASSISTANCE CORPORATION, 1 of which have funded it in more than one year.
- Who is the largest funder of SMALL BUSINESS ASSISTANCE CORPORATION?
- TRUIST FOUNDATION INC is the largest funder on record, with $100,000 in grants. The full list of funders is on this page.
- How can an organization like SMALL BUSINESS ASSISTANCE CORPORATION find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Georgia. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Small Business Assistance →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 3 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing