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Source: IRS e-Filed Form 990 (from the IRS e-File system), Tax Year 2023
Total Revenue
▼$8.5M
Program Spending
62%
of total expenses go to program services
Total Contributions
$4.4M
Total Expenses
▼$12.1M
Total Assets
$11.7M
Total Liabilities
▼$7.1M
Net Assets
$4.6M
Officer Compensation
→$1.2M
Other Salaries
$4.4M
Investment Income
$442.3K
Fundraising
▼$67K
Source: USAspending.gov · Searched by organization name
Total Federal Funding
$400.4K
Awards Found
2
Department of the Treasury
$150.4K
PURPOSE: TO SUPPORT CERTIFIED COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS (CDFIS) TO PROVIDE AN ALTERNATIVE TO HIGH COST SMALL DOLLAR LOANS, AS WELL AS HELP UNBANKED AND UNDERBANKED POPULATIONS BUILD CREDIT, ACCESS AFFORDABLE CAPITAL, AND ALLOW GREATER ACCESS INTO THE MAINSTREAM FINANCIAL SYSTEM. PLANNED ACTIVITIES: THROUGH THE SDL PROGRAM, THE CDFI FUND WILL PROVIDE GRANTS FOR LOAN LOSS RESERVES (LLR) THE AWARDS WILL ENABLE A CDFI TO ESTABLISH A LOAN LOSS RESERVE FUND IN ORDER TO DEFRAY THE COSTS OF ESTABLISHING OR MAINTAINING A SMALL DOLLAR LOAN PROGRAM. GRANTS FOR TECHNICAL ASSISTANCE (TA) THE AWARDS WILL SUPPORT TECHNOLOGY, STAFF SUPPORT, AND OTHER ELIGIBLE ACTIVITIES TO ENABLE A CERTIFIED CDFI TO ESTABLISH AND MAINTAIN A SMALL DOLLAR LOAN PROGRAM. END GOALS: EXPECTED OUTCOMES ARE AN INCREASE IN SMALL DOLLAR LENDING TO HELP UNBANKED AND UNDERBANKED POPULATIONS BUILD CREDIT, ACCESS AFFORDABLE CAPITAL, AND ALLOW GREATER ACCESS INTO THE MAINSTREAM FINANCIAL SYSTEM. BENEFICIARIES: NONPROFIT ORGANIZATIONS, FOR PROFIT ORGANIZATIONS AND OTHER PRIVATE INSTITUTIONS/ORGANIZATIONS IN THE FORM OF FEDERALLY INSURED DEPOSITORY INSTITUTIONS, OR FEDERALLY INSURED CREDIT UNIONS THAT ARE CERTIFIED CDFIS. SUBRECIPIENTS: THERE ARE NO SUBRECIPIENTS FOR THIS PROGRAM. BROADBAND: NOT APPLICABLE. REASON/PURPOSE OF MODIFICATION: NOT APPLICABLE.
Source: Federal Audit Clearinghouse (fac.gov)
No federal single audit records found for this organization.
Single audits are required for entities expending $750,000+ in federal awards annually.
Tax Year 2024 · Source: IRS e-Filed Form 990
Individuals serving as officers, directors, or trustees of the organization.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other |
|---|
Source: IRS Publication 78, Auto-Revocation List & e-Postcard Data
Tax-deductible contributions: Yes
Deductibility code: PC
WarningTax-exempt status was revoked on January 15, 2019
Reinstated on January 15, 2019
Exemption type: 03
Sources: IRS e-Filed Form 990 (XML) & ProPublica Nonprofit Explorer
Scroll →
| Year | Revenue | Contributions | Expenses | Assets | Net Assets |
|---|---|---|---|---|---|
| 2023IRS e-File | $8.5M | $4.4M | $12.1M | $11.7M | $4.6M |
| 2022 | $21.3M | $15.7M | $15.3M | $18M | $10.5M |
| 2021 | $12.9M | $12.9M | $8.8M | $6.1M | $4.7M |
| 2020 | $6.8M | $6.8M | $6.3M |
Sources: ProPublica Nonprofit Explorer & IRS e-File Index
Financial data: IRS e-Filed Form 990 (Tax Year 2023)
Leadership & compensation: IRS e-Filed Form 990, Part VII (Tax Year 2024)
Federal grants: USAspending.gov (live)
Organization info: IRS Business Master File
Tax-deductibility: IRS Publication 78
Revocation status: IRS Auto-Revocation List
| Total |
|---|
| Forest Harper | Chief Executive Officer | 50 | $349.5K | $0 | $52.1K | $401.6K |
| Karl Minter | Board Secretary | 1 | $0 | $0 | $0 | $0 |
| Andre Powell | Board Treasurer | 1 | $0 | $0 | $0 | $0 |
Forest Harper
Chief Executive Officer
$401.6K
Hrs/Wk
50
Compensation
$349.5K
Related Orgs
$0
Other
$52.1K
Karl Minter
Board Secretary
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Andre Powell
Board Treasurer
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Highest compensated employees who are not officers or directors.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Dennis Yarbrough | Chief Technology Officer | 50 | $238.4K | $0 | $16.4K | $254.8K |
| Yolanda Smith | Chief Marketing Officer | 50 | $201.9K | $0 | $43.3K | $245.2K |
| Kelly Owens | Chief Impact Officer | 50 | $191.4K | $0 | $37.6K | $229K |
| James Tolliver | Chief Dev. Officer (thru 11/23) | 50 | $208.3K | $0 | $17.9K | $226.2K |
| Harland Abraham | Chief Dev. Officer (thru 9/23) | 50 | $203.1K | $0 | $18.2K | $221.3K |
Dennis Yarbrough
Chief Technology Officer
$254.8K
Hrs/Wk
50
Compensation
$238.4K
Related Orgs
$0
Other
$16.4K
Yolanda Smith
Chief Marketing Officer
$245.2K
Hrs/Wk
50
Compensation
$201.9K
Related Orgs
$0
Other
$43.3K
Kelly Owens
Chief Impact Officer
$229K
Hrs/Wk
50
Compensation
$191.4K
Related Orgs
$0
Other
$37.6K
Members of the governing board. Board members often serve without compensation.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Alfred Johnson | Director | 1 | $0 | $0 | $0 | $0 |
| Angela Rivers | Director | 1 | $0 | $0 | $0 | $0 |
| Barron Witherspoon | Director | 1 | $0 | $0 | $0 | $0 |
| Brian Williams | Director | 1 | $0 | $0 | $0 | $0 |
| Chantalle Couba | Director | 1 | $0 | $0 | $0 | $0 |
| Chris Collier | Director |
Alfred Johnson
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Angela Rivers
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Barron Witherspoon
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
| $2.7M |
| $632.5K |
| 2019 | $6.7M | $6.8M | $6.7M | $2M | $155.7K |
| 2018 | $2.1M | $2.2M | $5.9M | $740.4K | -$7.1M |
| 2017 | $3.3M | $558.6K | $6.2M | $1M | -$3.2M |
| 2016 | $3.9M | $1.4M | $5.6M | $1.2M | -$546.8K |
| 2015 | $3.2M | $466.9K | $4.7M | $2.1M | $1.3M |
| 2014 | $4.5M | $837.2K | $4.4M | $6.2M | $2.9M |
| 2013 | $5.3M | $1.3M | $5.2M | $6.7M | $2.7M |
| 2012 | $5.2M | $650K | $5.2M | $10.5M | $2.4M |
| 2011 | $5.3M | $399K | $5.5M | $6.4M | $2.7M |
| 2021 | 990 | Data |
| 2020 | 990 | Data | PDF not yet published by IRS |
| 2019 | 990 | Data |
| 2018 | 990 | Data | PDF not yet published by IRS |
| 2017 | 990 | Data | PDF not yet published by IRS |
| 2016 | 990 | Data | PDF not yet published by IRS |
| 2015 | 990 | Data |
| 2014 | 990 | Data |
| 2013 | 990 | Data |
| 2012 | 990 | Data |
| 2011 | 990 | Data |
| 2010 | 990 | — |
| 2009 | 990 | — |
| 2008 | 990 | — |
| 2007 | 990 | — |
| 2006 | 990 | — |
| 2005 | 990 | — |
| 2004 | 990 | — |
| 2003 | 990 | — |
| 2002 | 990 | — |
| 2001 | 990 | — |
| Beverly Porter |
| Chief Programs Officer |
| 50 |
| $199.2K |
| $0 |
| $12K |
| $211.2K |
| Casandra Scales | Chief Financial Officer | 50 | $200.6K | $0 | $9,924 | $210.5K |
| Janet Golden | Director Of Human Resources | 45 | $144.1K | $0 | $15.6K | $159.7K |
| Luis Abarca | Regional Program Director | 45 | $135.1K | $0 | $635 | $135.7K |
| Andrea Johnson-Lee | National Program Director | 45 | $122.5K | $0 | $13K | $135.5K |
James Tolliver
Chief Dev. Officer (thru 11/23)
$226.2K
Hrs/Wk
50
Compensation
$208.3K
Related Orgs
$0
Other
$17.9K
Harland Abraham
Chief Dev. Officer (thru 9/23)
$221.3K
Hrs/Wk
50
Compensation
$203.1K
Related Orgs
$0
Other
$18.2K
Beverly Porter
Chief Programs Officer
$211.2K
Hrs/Wk
50
Compensation
$199.2K
Related Orgs
$0
Other
$12K
Casandra Scales
Chief Financial Officer
$210.5K
Hrs/Wk
50
Compensation
$200.6K
Related Orgs
$0
Other
$9,924
Janet Golden
Director Of Human Resources
$159.7K
Hrs/Wk
45
Compensation
$144.1K
Related Orgs
$0
Other
$15.6K
Luis Abarca
Regional Program Director
$135.7K
Hrs/Wk
45
Compensation
$135.1K
Related Orgs
$0
Other
$635
Andrea Johnson-Lee
National Program Director
$135.5K
Hrs/Wk
45
Compensation
$122.5K
Related Orgs
$0
Other
$13K
| 1 |
| $0 |
| $0 |
| $0 |
| $0 |
| Clarence Stephens | Director | 1 | $0 | $0 | $0 | $0 |
| Crystal Peck | Director | 1 | $0 | $0 | $0 | $0 |
| Darryl Willis | Director | 1 | $0 | $0 | $0 | $0 |
| Dirgesh Patel | Director | 1 | $0 | $0 | $0 | $0 |
| Earl Barnes | Director | 1 | $0 | $0 | $0 | $0 |
| Helena Haynes-Carter | Director | 1 | $0 | $0 | $0 | $0 |
| Jerri Irby | Director | 1 | $0 | $0 | $0 | $0 |
| Justice Reid | Director | 1 | $0 | $0 | $0 | $0 |
| Karen Sachs | Director | 1 | $0 | $0 | $0 | $0 |
| Kevin Henderson | Director | 1 | $0 | $0 | $0 | $0 |
| Kevin Simmonds | Director | 1 | $0 | $0 | $0 | $0 |
| Merrilee Matchett | Director | 1 | $0 | $0 | $0 | $0 |
| Niki Allen | Director | 1 | $0 | $0 | $0 | $0 |
| Patrice Graves | Director | 1 | $0 | $0 | $0 | $0 |
| Rahsaan Coefield | Director | 1 | $0 | $0 | $0 | $0 |
| Reba Simmons | Director | 1 | $0 | $0 | $0 | $0 |
| Richard Simons | Director | 1 | $0 | $0 | $0 | $0 |
| Robert Holmes | Director | 1 | $0 | $0 | $0 | $0 |
| Rosa Nunez | Director | 1 | $0 | $0 | $0 | $0 |
| Roxanne Lagano | Director | 1 | $0 | $0 | $0 | $0 |
| Thomas Ransom | Director | 1 | $0 | $0 | $0 | $0 |
| Tonya Bryant | Director | 1 | $0 | $0 | $0 | $0 |
| Yvette Smith | Board Chair | 1 | $0 | $0 | $0 | $0 |
Brian Williams
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Chantalle Couba
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Chris Collier
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Clarence Stephens
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Crystal Peck
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Darryl Willis
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Dirgesh Patel
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Earl Barnes
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Helena Haynes-Carter
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Jerri Irby
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Justice Reid
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Karen Sachs
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Kevin Henderson
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Kevin Simmonds
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Merrilee Matchett
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Niki Allen
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Patrice Graves
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Rahsaan Coefield
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Reba Simmons
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Richard Simons
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Robert Holmes
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Rosa Nunez
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Roxanne Lagano
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Thomas Ransom
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Tonya Bryant
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Yvette Smith
Board Chair
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0