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Source: IRS Form 990 via ProPublica Nonprofit Explorer
Total Revenue
▼$6.7M
Total Contributions
$6.6M
Total Expenses
▼$4.1M
Total Assets
$11.5M
Total Liabilities
▼$3.5M
Net Assets
$8M
Officer Compensation
→$358.3K
Other Salaries
$852.2K
Investment Income
▼$121.7K
Fundraising
▼$218.4K
Source: USAspending.gov · Searched by organization name
Total Federal Funding
$2.3M
Awards Found
14
Department of the Treasury
$500K
PURPOSE: TO PROVIDE GRANTS TO COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS (CDFIS) FOR THE FOLLOWING PURPOSES 1) TO EXPAND LENDING, GRANT MAKING AND INVESTMENT ACTIVITIES IN LOW OR MODERATE INCOME COMMUNITIES AND TO BORROWERS THAT HAVE HISTORICALLY EXPERIENCED SIGNIFICANT UNMET CAPITAL AND FINANCIAL SERVICES NEEDS AND WERE DISPROPORTIONATELY IMPACTED BY THE COVID 19 PANDEMIC; AND 2) TO ENABLE CDFIS TO BUILD ORGANIZATIONAL CAPACITY AND ACQUIRE TECHNOLOGY, STAFF, AND OTHER TOOLS NECESSARY TO ACCOMPLISH THE ACTIVITIES UNDER A CDFI ERP AWARD. PLANNED ACTIVITIES: ELIGIBLE ACTIVITIES INCLUDE FINANCIAL PRODUCTS, FINANCIAL SERVICES, DEVELOPMENT SERVICES, GRANTS, LOAN LOSS RESERVES AND CAPITAL RESERVES THAT MAY BE USED TO MITIGATE THE IMPACT OF THE COVID 19 PANDEMIC ON UNEMPLOYMENT, CHILDCARE, HEALTHCARE, MENTAL HEALTHCARE, AFFORDABLE HOUSING, AFFORDABLE HOUSING FINANCE, SMALL BUSINESS, SMALL FARMS, BROADBAND INTERNET, AND FOOD SUFFICIENCY. IN ADDITION, TO SUPPORT CDFIS IN BUILDING THEIR CAPACITY TO RESPOND TO THE ECONOMIC IMPACT OF COVID 19, CDFI ERP AWARDS MAY BE USED FOR COMPENSATION PERSONAL SERVICES; COMPENSATION FRINGE BENEFITS; PROFESSIONAL SERVICE COSTS; TRAVEL COSTS; TRAINING AND EDUCATION COSTS; EQUIPMENT; SUPPLIES. END GOALS: EXPANDED FINANCING FOR LOW TO MODERATE INCOME COMMUNITIES AND INDIVIDUALS THAT HAVE HISTORICALLY EXPERIENCED SIGNIFICANT UNMET CAPITAL AND FINANCIAL SERVICES NEEDS AND WERE DISPROPORTIONATELY IMPACTED BY THE COVID 19 PANDEMIC INCLUDING SPECIFIC DESIGNATED COVID IMPACTED CDFI ERP ELIGIBLE GEOGRAPHIES AS AREAS THAT MAY BENEFIT FROM CDFI ERP ASSISTANCE. BENEFICIARIES: CERTIFIED CDFIS WHICH MAY BE FOR PROFIT ORGANIZATION, PRIVATE NONPROFIT INSTITUTION/ORGANIZATION, AND OTHER PRIVATE INSTITUTION/ORGANIZATION, AS DEFINED IN 12 C.F.R. 1805, AND LOW AND MODERATE INCOME INDIVIDUALS AND FAMILIES. SUBRECIPIENTS: THERE ARE NO SUBRECIPIENTS FOR THIS PROGRAM. BROADBAND: SPECIFIC ACTIVITIES RELATING TO BROADBAND USAGE ARE NOT KNOWN AT THE TIME OF AWARD. REASON/PURPOSE OF MODIFICATION: NOT APPLICABLE.
Department of Commerce
$400K
PURPOSE: THE PURPOSE OF THE FINANCIAL ASSISTANCE AWARD IS TO DEVELOP A FINANCIAL CAPITAL SEED FUND TO SUPPORT STARTUP AND EARLY STAGE ENTREPRENEURIAL BUSINESS ENTERPRISES IN FRESNO, CALIFORNIA. ACTIVITIES TO BE PERFORMED: FORMATION OF A LIMITED LIABILITY CORPORATION TO OPERATE AND MANAGE THE FINANCIAL CAPITAL SEED FUND; ORGANIZATION AND OPERATION OF ANGEL INVESTOR CONFERENCE EVENTS; PERFORMANCE OF DEVELOPMENT AND OUTREACH TO PROSPECTIVE INVESTORS; DELIVERY OF TECHNICAL ASSISTANCE AND MENTORSHIP SERVICES TO ENTREPRENEURIAL BUSINESS ENTERPRISES IN THE CALIFORNIA CENTRAL VALLEY, COMMONLY KNOWN AS THE SAN JOAQUIN VALLEY. EXPECTED OUTCOMES: THE REGION WILL HAVE MORE RESOURCES TO PROVIDE FINANCIAL CAPITAL TO SMALL AND HISTORICALLY DISADVANTAGED ENTREPRENEURIAL BUSINESS ENTERPRISES. THE AVAILABILITY OF SEED CAPITAL WILL IMPROVE THE FINANCIAL CAPACITY AND SUSTAINABILITY OF ENTREPRENEURIAL BUSINESS ENTERPRISES. THE ENHANCED CAPACITY AND SUSTAINABILITY OF STARTUP AND EARLY STAGE BUSINESS E
Department of Agriculture
$200K
RBDG RURAL BUSINESS COOP RURAL ENTERPRISE GRANT
Department of the Treasury
$177.7K
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.
Department of Agriculture
$105K
SEC. 6022 RMAP-RURAL MICRO DEVELOP ORGANIZATIONS GRANTS (DISC)
Department of Agriculture
$65.2K
SEC. 6022 RMAP-RURAL MICRO DEVELOP ORGANIZATIONS GRANTS (DISC)
Department of Agriculture
$23.6K
SEC. 6022 RMAP-RURAL MICRO DEVELOP ORGANIZATIONS GRANTS (DISC)
Department of Agriculture
$13.6K
SEC. 6022 RMAP-RURAL MICRO DEVELOP ORGANIZATIONS GRANTS (DISC)
Department of Agriculture
$9,647
SEC. 6022 RMAP-RURAL MICRO DEVELOP ORGANIZATIONS GRANTS (DISC)
Department of Agriculture
$5,000
SEC. 6022 RMAP-RURAL MICRO ASSISTANCE GRANTS (DISC)
Source: Federal Audit Clearinghouse (fac.gov)
Total Audits
2
Clean Audits
2
Material Weakness
No
Noncompliance Issues
No
| Year | Status | Financial Report | Federal Expenditure | Low Risk | Accepted |
|---|---|---|---|---|---|
| 2024 | Clean | Unmodified (Clean) | $2.7M | No | 2026-04-07 |
| 2023 | Clean | Unmodified (Clean) | $2.9M | No | 2024-09-30 |
Financial Report
Unmodified (Clean)
Federal Expenditure
$2.7M
Financial Report
Unmodified (Clean)
Federal Expenditure
$2.9M
Source: IRS e-Filed Form 990
No officer or director compensation data available for this organization.
This data is sourced from IRS Form 990, Part VII. It may not be available if the organization files Form 990-N (e-Postcard) or has not yet been enriched.
Source: IRS Publication 78, Auto-Revocation List & e-Postcard Data
Tax-deductible contributions: Yes
Deductibility code: PC
Sources: IRS e-Filed Form 990 (XML) & ProPublica Nonprofit Explorer
Scroll →
| Year | Revenue | Contributions | Expenses | Assets | Net Assets |
|---|---|---|---|---|---|
| 2023 | $6.7M | $6.6M | $4.1M | $11.5M | $8M |
| 2022 | $3.2M | $3.2M | $2M | $8.9M | $5.4M |
| 2021 | $3M | $3.1M | $1.4M | $5.7M | $4.2M |
| 2020 | $3.1M | $3.2M | $3.1M | $3.6M | $2.5M |
Sources: ProPublica Nonprofit Explorer & IRS e-File Index
| Tax Year | Form Type | Source | Documents |
|---|---|---|---|
| 2024 | 990 | IRS e-File | PDF not yet published by IRSView Filing → |
| 2023 | 990 | DataIRS e-File | PDF not yet published by IRSView Filing → |
| 2022 | 990 | DataIRS e-File |
Financial data: IRS Form 990 via ProPublica Nonprofit Explorer (Tax Year 2023)
Federal grants: USAspending.gov (live)
Organization info: IRS Business Master File · ProPublica Nonprofit Explorer
Tax-deductibility: IRS Publication 78
| 2019 | $934.4K | $817.4K | $610.5K | $3.5M | $2.4M |
| 2018 | $726.8K | $630.6K | $756.4K | $3.5M | $2.1M |
| 2017 | $514.4K | $448.8K | $579.2K | $3.5M | $2.1M |
| 2016 | $498.7K | $342.5K | $486.5K | $3.7M | $2.2M |
| 2015 | $356.7K | $240.8K | $438.6K | $3.7M | $2.2M |
| 2014 | $375.5K | $268.7K | $439K | $3.4M | $2.3M |
| 2013 | $476.3K | $353K | $486K | $3.6M | $2.3M |
| 2012 | $334.5K | $214.1K | $405.1K | $3.6M | $2.3M |
| 2011 | $1.8M | $1.8M | $351.2K | $3.5M | $2.2M |
PDF not yet published by IRSView Filing → |
| 2021 | 990 | Data |
| 2020 | 990 | Data | PDF not yet published by IRS |
| 2019 | 990 | Data |
| 2018 | 990 | Data |
| 2017 | 990 | Data |
| 2016 | 990 | Data |
| 2015 | 990 | Data |
| 2014 | 990 | Data |
| 2013 | 990 | Data |
| 2012 | 990 | Data |
| 2011 | 990 | Data |
| 2010 | 990 | — |
| 2009 | 990 | — |
| 2008 | 990-EZ | — |
| 2007 | 990 | — |
| 2006 | 990 | — |
| 2005 | 990-EZ | — |