TY 2015 Form 990EZ

Part IIIStatement of Program Service Accomplishments (see the instructions for Part III) Check if the organization used Schedule O to respond to any question in this Part III . .	Expenses (Required for section 501(c)(3) and 501(c)(4) organizations; optional for others.)
What is the organization's primary exempt purpose? SBAC's mission is to benefit the public and advance social welfare by conductiong research and public education, and advocate support for policies that promote small and medium-sized enterprises, for the benefit of society as a whole.
Describe the organization’s program service accomplishments for each of its three largest program services, as measured by expenses. In a clear and concise manner, describe the services provided, the number of persons benefited, and other relevant information for each program title.
28 SBAC Program Accomplishments - 2015Small Business Action Committee's (SBAC) accomplishments included numerous activities/efforts to benefit the public and advance social welfare by conducting public education and advocating support for policies that promote creation of small and medium-sized enterprises, encourage economic growth, improve their competiveness, and assist their job creation abilities, for the benefit of society as a whole. These activities/efforts included involvement dealing with legislation and policy discussions in California, such as (a) Public education on small business issues by making speeches to a variety of businesses, universities, and conferences throughout the year; (b) participating in various business events, meetings and panels throughout the year; (c) meeting and speaking to elected officials and decision makers; (d) making numerous appearances on news and talk shows, talking to print reporters and writing editorials and articles for various publications and the Internet. In addition, SBAC sponsored a website and oversaw the publication around a thousand articles dedicated to California business, economy and their relationship to the states politics and policy.Advocacy for Small Business* SBAC was involved over the course of the year in a number of high profile tax and regulation discussions that affect the business community. Representatives of SBAC made speeches, debated, participated in media interviews and panels on a number of these issues especially on the issue of business property taxation but also such issues as access to business loans and creating business opportunities for small businesses.* SBAC representative was involved in a project to promote and aid in creating Hispanic entrepreneurship. * SBAC participated in a Milken Institute sponsored discussions designed to overcome obstacles for funding for small businesses.* SBAC commented on, endorsed, or opposed legislation in the California legislature on a number of business related issues such as minimum wage discussions. Chief concerns were taxes, regulations, jobs, and the economy SBAC Coordinated and Cooperated with Other Small Business Advocacy Groups and Chambers of Commerce: * SBAC was a co-sponsor at California Small Business Day at the state capitol, which involves hundreds of small businesses and nearly one-hundred state legislators. SBAC representative participated in the days activities.* SBAC is on the executive committee of a business-oriented group that deals with a major issue to oppose new property taxes on business property that could directly affect small business. SBAC representative is a leadings spokesperson on this issue with the media, government officials, and other business groups.* SBAC has been involved with projects or spoken to a number of other business groups or discussed issues and strategies throughout the year including the California Business Roundtable, California Chamber of Commerce, the Los Angeles Chamber of Commerce, the Los Angeles County Business Federation, the Bay Area Council and the Central City Association. * SBAC sponsors Fox and Hounds Daily (www.foxandhoundsdaily.com) a website dedicated to the confluence of business and politics in California. The site has been considered a go-to site for communicating issues important to the business community and is a main function of SBACs mandate to produce monographs dealing with business issues. The site is well respected and followed by state officials, media members, and business leaders. Articles published in Fox and Hounds Daily are picked up by other media outlets. Articles published by Fox and Hounds Daily were written by executives of small business and major business organizations such as the National Federation of Independent Businesses, the California Chamber of Commerce, the California Business Roundtable, many area chambers of commerce as well as individual small business owners.SBAC president Joel Fox writes commentary for and edits the site, which has commentary on business issues and political issues from many different and varied voices including think tanks and academics. The site produces about 1000 commentaries during the year, most of which directly or indirectly affect businesses in California. The website was recognized by the Washington Post as one of the best state political/public affairs blog sites. (Grants $ 123,178) If this amount includes foreign grants, check here ...			28a
29 (Grants $ ) If this amount includes foreign grants, check here ...			29a
30 (Grants $ ) If this amount includes foreign grants, check here ...			30a
31 Other program services (describe in Schedule O) ................ (Grants $ ) If this amount includes foreign grants, check here...	31a
32 Total program service expenses (add lines 28a through 31a)..........	32	123,178

(a) Name and title	(b) Average hours per week devoted to position	(c)Reportable compensation (Forms W-2/1099-MISC) (if not paid, enter -0-)
Joel Fox President	30.00	141,500
Barrett Garcia Treasurer	2.00	1,975
Ann-Marie Villicana Director	1.00	500
David S White Director	1.00	500
James V Lacy General Counsel	2.00	0

(a) Name and title

(b) Average
hours per week
devoted to position

(c)Reportable compensation
(Forms W-2/1099-MISC) (if not paid, enter -0-)

(d) Health benefits, contributions to employee benefit plans,
and deferred compensation

(e) Estimated amount
of other compensation

Joel Fox

President

30.00

141,500

Barrett Garcia

Treasurer

2.00

1,975

Ann-Marie Villicana

Director

1.00

500

David S White

Director

1.00

500

James V Lacy

General Counsel

2.00

Yes

Did the organization engage in lobbying activities or have a section 501(h) election in effect during the tax year? If "Yes," complete Schedule C, Part II .......................

Is the organization a school as described in section 170(b)(1)(A)(ii)? If "Yes," complete Schedule E ..

49a

Did the organization make any transfers to an exempt non-charitable related organization?......

49a

If "Yes," was the related organization a section 527 organization?................

49b

Complete this table for the organization's five highest compensated employees (other than officers, directors, trustees and key employees) who each received more than $100,000 of compensation from the organization. If there is none, enter "None."

(a) Name and title of each employee	(b) Average hours per week devoted to position	(c) Reportable compensation (Forms W-2/1099-MISC)	(d) Health benefits, contributions to employee benefit plans, and deferred compensation	(e) Estimated amount of other compensation
NONE

Total number of other employees paid over $100,000 ... bullet

Complete this table for the organization's five highest compensated independent contractors who each received more than $100,000 of compensation from the organization. If there is none, enter "None."

(a) Name and business address of each independent contractor	(b) Type of service	(c) Compensation
NONE

Return Reference	Explanation
Client Note 1	Client Note 1 - Note 1 - Other Changes in Net Assets (990, Part XI, Line 9)In prior years, SBACs form 990 included the financial activities of its related separate segregated fund for legislative action, SBAC PAC. In January 2014, SBAC PAC entered into a stipulated civil judgment and agreement with the California Fair Political Practices Commission, whereby SBAC PAC was closed; as a result, the SBAC PAC organization was terminated, and its related bank account was closed with a zero balance. SBAC PAC incurred a loan liability in 2012 of $10,000,000, which was combined in the form 990 of SBAC in years 2012 and 2013. However, because SBAC PAC was terminated in 2014 with zero assets, SBACs 2014 form 990 eliminated the acitivites of SBAC PAC, including an adjustment in 2014 to net assets of $10,000,000.
Other Expenses.1005	Travel $1831
Other Expenses.1012	Insurance $6820
Other Expenses.1	Telephone $837
Other Expenses.2	Dues and subscriptions $710
Other Expenses.3	Meetings/conferences $694
Other Expenses.4	Filing fees & expenses $80
Other Assets.1011	Prepaid Expenses and Deferred Charges - Beginning $111207 Prepaid Expenses and Deferred Charges - Ending $0

Return Reference

Explanation

Client Note 1

Client Note 1 - Note 1 - Other Changes in Net Assets (990, Part XI, Line 9)In prior years, SBACs form 990 included the financial activities of its related separate segregated fund for legislative action, SBAC PAC. In January 2014, SBAC PAC entered into a stipulated civil judgment and agreement with the California Fair Political Practices Commission, whereby SBAC PAC was closed; as a result, the SBAC PAC organization was terminated, and its related bank account was closed with a zero balance. SBAC PAC incurred a loan liability in 2012 of $10,000,000, which was combined in the form 990 of SBAC in years 2012 and 2013. However, because SBAC PAC was terminated in 2014 with zero assets, SBACs 2014 form 990 eliminated the acitivites of SBAC PAC, including an adjustment in 2014 to net assets of $10,000,000.

Other Expenses.1005

Travel $1831

Other Expenses.1012

Insurance $6820

Other Expenses.1

Telephone $837

Other Expenses.2

Dues and subscriptions $710

Other Expenses.3

Meetings/conferences $694

Other Expenses.4

Filing fees & expenses $80

Other Assets.1011

Prepaid Expenses and Deferred Charges - Beginning $111207 Prepaid Expenses and Deferred Charges - Ending $0

1	Contributions, gifts, grants, and similar amounts received ....................	1	5,067
2	Program service revenue including government fees and contracts ...............	2
3	Membership dues and assessments ...........................	3
4	Investment income ...........................	4
5a	Gross amount from sale of assets other than inventory .....	5a
b	Less: cost or other basis and sales expenses .......	5b	0
c	Gain or (loss) from sale of assets other than inventory (Subtract line 5b from line 5a) ......	5c
6	Gaming and fundraising events
a	Gross income from gaming (attach Schedule G if greater than $15,000)	6a
b	Gross income from fundraising events (not including $ of contributions from fundraising events reported on line 1) (attach Schedule G if the			sum of such gross income and contributions exceeds $15,000) ..	6b	0
c	Less: direct expenses from gaming and fundraising events ...	6c	0
d	Net income or (loss) from gaming and fundraising events (add lines 6a and 6b and subtract line 6c)	6d
7a	Gross sales of inventory, less returns and allowances ......	7a
b	Less: cost of goods sold .............	7b	0
c	Gross profit or (loss) from sales of inventory (Subtract line 7b from line 7a) .........	7c
8	Other revenue (describe in Schedule O) ..........	8
9	Total revenue. Add lines 1, 2, 3, 4, 5c, 6d, 7c, and 8 ..............	9	5,067

18	Excess or (deficit) for the year (Subtract line 17 from line 9) ............	18	-150,995
19	Net assets or fund balances at beginning of year (from line 27, column (A)) (must agree with
	end-of-year figure reported on prior year’s return) ............	19	302,159
20	Other changes in net assets or fund balances (explain in Schedule O) ..........	20
21	Net assets or fund balances at end of year. Combine lines 18 through 20 .......	21	151,164

Sign Here

	Signature of officer	Date

	Type or print name and title

Software ID:	15000324
Software Version:	2015v2.0

Software ID:	15000324
Software Version:	2015v2.0

10	Grants and similar amounts paid (list in Schedule O) ............	10
11	Benefits paid to or for members ................	11
12	Salaries, other compensation, and employee benefits ................	12	144,475
13	Professional fees and other payments to independent contractors ............	13	615
14	Occupancy, rent, utilities, and maintenance ...................	14
15	Printing, publications, postage, and shipping ..............	15
16	Other expenses (describe in Schedule O) ..............	16	10,972
17	Total expenses. Add lines 10 through 16 ..............	17	156,062