Skip to content

Washington, D.C. · Nonprofit

SMALL ENTERPRISE ASSISTANCE FUNDS

SMALL ENTERPRISE ASSISTANCE FUNDS (Washington, D.C.) receives grants from 2 organizations whose IRS filings report $844,000 to it, the largest being THE SKOLL FOUNDATION ($700,000). 1 of them have funded it in more than one year.

Revenue FY2024
$8.5M
Funders on record
2
Grants received
$844k
Net assets
$4.6M
1/2 repeat funderspeak grant-dependency 10%
01What it does

What Small Enterprise Assistance Funds does

Mission

Seaf's mission is improving lives and communities through entrepreneur-led development.

As stated on its FY2024 Form 990.

Programs

  1. The Small Enterprise Assistance Funds on september 1st, 2015 entered into a cooperative agreement for $3,898,099 with the united states agency for international development to establish an investment management company (im) to support the start- up investment ecosystem in morocco. As part of the program activities, seaf agreed to establish an im as a new wholly owned subsidiary of seaf and use the grant funds to make periodic contributions to the im in exchange for being issued equity interests in the im.

    $6,036,848 spentof which $279,184 as grants$2,975,136 earned by the program
    100% of program spending
  2. Colombia agribusiness : the Small Enterprise Assistance Funds on march 19th, 2015 was awarded a $2,795,500 from the united states agency for international development colombia mission to establish an agribusiness fund with the goal of realizing sustainable impact through investment and development activities.

  3. Tanzania - on september 29, 2014, seaf signed an agreement with usda for the food for progress grant, focused on the country of tanzania. Seaf received funds through ccc and monetization proceeds. During 2015, seaf monetized the first 12,000 mt of wheat. During 2016, seaf monetized 11,000 mt of wheat. During 2017, seaf made investments of $2,000,000 into portfolio companies in the tanzania region. During 2019, seaf made investments of $1,150,000 into portfolio companies in the tanzania region. The total carrying value of the investments as of december 31, 2023 and 2022 was $725,081 and $800,261 respectively.

  4. India agribusiness fund--seaf india agribusiness international fund (the "int'l fund") was incorporated on 05 june 2009 and domiciled in mauritius. In 2013, the international fund had its final closing with total commitments of $26,550,000 from seven members. The investment manager of the int'l fund is seaf investment management company (simc), a private company limited by shares incorporated under the laws of mauritius on june 5, 2009 and is 100% owned by seaf. The seaf india agribusiness fund (the domestic fund) is structured as a scheme of the seaf india investment trust, a contributory trust under the provisions of the trusts act, 1882, wherein il&fs trust company limited, a company incorporated under the companies act (1956), is acting as the trustee of the trust. The trustee has appointed the domestic fund's investment manager to be seaf india investment advisors private limited (iac), an indian entity established by seaf.the Small Enterprise Assistance Funds on october 1st, 2019 was awarded a $999,966 grant from the u.s department of state to promote the fintech sector in morocco and tunisia by training the next generation of entrepreneurs and innovators. The project is a 3…

The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $6,036,848.

02The organization over time

The organization over time

Each line starts at 100 in 2018, so what you read is the shape rather than the size: 150 means half as much again as 2018, 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.

100 = 20182018 Revenue 100 ($22M) Expenses 100 ($15M) Net assets 100 ($9.7M)2019 Revenue 91 ($20M) Expenses 116 ($17M) Net assets 85 ($8.2M)2020 Revenue 77 ($17M) Expenses 96 ($14M) Net assets 106 ($10M)2021 Revenue 34 ($7.4M) Expenses 84 ($12M) Net assets 70 ($6.8M)2022 Revenue 42 ($9.2M) Expenses 67 ($9.9M) Net assets 51 ($5.0M)2023 Revenue 39 ($8.5M) Expenses 66 ($9.7M) Net assets 44 ($4.2M)2024 Revenue 39 ($8.5M) Expenses 66 ($9.8M) Net assets 48 ($4.6M)
2018201920202021202220232024
Revenue (39)Expenses (66)Net assets (48)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $32M to $38M (+19%).

$28M
$24M
$27M
$29M
$32M
$38M
$39M
2018201920202021202220232024
Total assetsTotal liabilities

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.

2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2018 19% · 2019 44% · 2020 26% · 2021 35% · 2022 9% · 2023 4% · 2024 34%. Grants only. Government contracts and fees sit inside program revenue.

63% of SMALL ENTERPRISE ASSISTANCE FUNDS’s revenue is contributions — more donation-reliant than the typical peer (61% for the typical peer).

This organization
Typical peer · 4,434 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 7 reported years ran a deficit.

$7.0M
’18
$2.7M
’19
$2.6M
’20
−$5.0M
’21
−$675k
’22
−$1.2M
’23
−$1.3M
’24
9.9
months of
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.

Board chair

Javed Hamid

Chairman

As listed on its FY2024 Form 990.

2018201920202021202220232024
Listed12121413101314
Joined·+1+2+4+0+6+3
No longer listed·105332
03Who funds it

Who funds it, year by year

2018 → 2021: the base held at 1 funder, grant income rose $120k → $700k.

Funder
'18
'19
'21
total
funders
1
1
1

From the IRS filings of SMALL ENTERPRISE ASSISTANCE FUNDS’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 ENTERPRISE ASSISTANCE FUNDS leans on a few funders — its largest provides 83% 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

83%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2018 100% · 2019 100% · 2021 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 ENTERPRISE ASSISTANCE FUNDS draws 83% of its grant income from funders outside Washington, D.C., across 2 states in all.

CA
DC

In-state vs out-of-state, by year

’18
’19
’21
Washington, D.C. out of state home

Funder states come from each funder’s own filing. 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.

04Its place in the field

Against its field

SMALL ENTERPRISE ASSISTANCE FUNDS is better cushioned than half of the 4,203 community improvement nonprofits its size.

Operating margin−16% · bottom quartile
Months of reserve9.9mo · above the median
Revenue growth (annualized)−15% · bottom quartile

this organization peer median middle 50% of peers· 4,203 community improvement nonprofits $1M–$10M, FY2024

Government funding SMALL ENTERPRISE ASSISTANCE FUNDS receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $14.7M on record.

Federal$14.7M
grants $14.7Mcontracts $0
17
18
19
21
Top agencies
  • Agency for International Development$10.6M
  • Department of Agriculture$2.5M
  • Department of State$1.5M

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 ENTERPRISE ASSISTANCE FUNDS

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 Washington, D.C.

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

61% of spending goes to programs.

Program 61%Management 39%Fundraising 0%

Governance

11
board members
64%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990–Audited financials

Public support

70%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

NY

Part of a family of 19 related entities

  • Loan & Equity Investment · disregarded
  • Loan & Equity Investment · disregarded
  • Loan & Equity Investment · disregarded
  • Loan & Equity Investment · disregarded
  • Seaf Caribbean Loan Finance LLC · disregarded

Screen this organization

A dated, signed PDF of the compliance screen for SMALL ENTERPRISE ASSISTANCE FUNDS: 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.

A paid feature, included from the $75 plan up. Sign in to download.

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 ENTERPRISE ASSISTANCE FUNDS?
SMALL ENTERPRISE ASSISTANCE FUNDS (Washington, D.C.) receives grants from 2 organizations whose IRS filings report $844,000 to it, the largest being THE SKOLL FOUNDATION ($700,000). 1 of them have funded it in more than one year.
How many funders does SMALL ENTERPRISE ASSISTANCE FUNDS have?
IRS filings report 2 organizations giving $844,000 in grants to SMALL ENTERPRISE ASSISTANCE FUNDS, 1 of which have funded it in more than one year.
Who is the largest funder of SMALL ENTERPRISE ASSISTANCE FUNDS?
THE SKOLL FOUNDATION is the largest funder on record, with $700,000 in grants. The full list of funders is on this page.
How can an organization like SMALL ENTERPRISE ASSISTANCE FUNDS find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Washington, D.C.. 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 Enterprise Assistance Funds →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2018–2024), and the filings of 2 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