#664of 1,000 in 2025

Eastern Shore Entrepreneurship Center

Location
Easton, Maryland
Sector
Education
Founded
2004
Website
esec.md
298%Three-year growth, FY2022 to FY2025
$2.1MFY2025 revenue
0Employees, FY2025
#47of 76 in Education
#14of 20 in Maryland

Revenue by fiscal year

FY2022: $524,960 $525K FY22 FY2023: $900,671 $901K FY23 FY2024: $1,015,367 $1.0M FY24 FY2025: $2,091,897 $2.1M FY25

We count pledges when the cash is received, not when they’re promised, so these numbers differ from Eastern Shore Entrepreneurship Center’s 990. How we count pledges

Where revenue came from, FY2025

Government grants
$1.8M · 85%
Gifts and grants
$283K · 14%
Program revenue
$27K · 1%
Total revenue on the 990
$1,955,555
Investment income
− $22,958
Pledge payments received this year, promised in an earlier year
+ $159,300
Revenue we count
$2,091,897

What it does

To provide technical assistance, education, and access to capital services to individuals and small and mid-size businesses.

Managed a portfolio of loans to small businesses totaling approximately $500,000 at low interest rates to encourage and stimulate growth.
Continued implementation of the f3 tech accelerator program, ag innovation center, and other training programs to provide technical assistance and business services to value-added producers.

Leadership

Mike ThielkeExecutive Director
Christopher HlubbF3 Tech Program Director

EIN 61-1465160 · Full filings on ProPublica

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