Liabilities / Assets
70th percentile
Higher debt load relative to assets than 70% of similar nonprofits.
EIN 04-3478123 • 501(c)3 • Cambridge, MA
Profile
Root capital seeks to increase incomes and stabilize employment for farmers in africa, south-east asia, and latin america. Root capital does this through a proven channel: support for agricultural businesses that collect and market the crops of thousands of farmers. Through a unique combination of capital, training, and access to global markets, root capital helps agricultural businesses increase farmer incomes, empowers women, conserves ecosystems, and creates opportunities for the next generation.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
70th percentile
Higher debt load relative to assets than 70% of similar nonprofits.
Liabilities / Revenue
86th percentile
Higher debt load relative to revenue than 86% of similar nonprofits.
Net Margin
4th percentile
Higher net margin than 4% of similar nonprofits.
Top Officer Pay
40th percentile
Higher top officer pay than 40% of similar nonprofits.
Top officer pay equals 1.7% of source-year revenue.
Asset Growth
18th percentile
Faster asset growth than 18% of similar nonprofits.
Revenue Growth
10th percentile
Faster revenue growth than 10% of similar nonprofits.
Assets
Down$117,862,030
Down $2,517,651 (-2.1%) from 2023
Liabilities
Up$62,281,270
Up $11,101,692 (+22%) from 2023
Net Assets
Down$55,580,760
Down $13,619,343 (-20%) from 2023
Revenue
Down$23,802,639
Down $5,304,967 (-18%) from 2023
Expenses
Up$37,085,768
Up $4,580,456 (+14%) from 2023
Net Income
Down-$13,283,129
Down $9,885,423 (-291%) from 2023
Most recent year
2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
Root capital seeks to increase incomes and stabilize employment for farmers in africa, south-east asia, and latin america. Root capital does this through a proven channel: support for agricultural businesses that collect and market the crops of thousands of farmers. Through a unique combination of capital, training, and access to global markets, root capital helps agricultural businesses increase farmer incomes, which in turn improves food security, empowers women, conserves ecosystems, and encourages the next generation of farmers.
To grow rural prosperity and build the resilience of farming families around the world.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | $53,447,272 | $57,089,700 | ▲ $3,642,428 |
| Investments Program Related | $29,651,792 | $28,114,243 | ▼ $1,537,549 |
| Investments in Publicly Traded Securities | $21,228,908 | $16,899,411 | ▼ $4,329,497 |
| Pledges and Grants Receivable | $13,909,677 | $10,689,017 | ▼ $3,220,660 |
| Accounts Receivable | $892,923 | $3,531,194 | ▲ $2,638,271 |
| Prepaid Expenses and Deferred Charges | $517,272 | $769,792 | ▲ $252,520 |
| Land, Buildings, and Equipment, Net | $34,647 | $35,029 | ▲ $382 |
| Savings and Temporary Cash Investments | $26,609 | $22,950 | ▼ $3,659 |
| Total Assets | $120,379,681 | $117,862,030 | ▼ $2,517,651 |
| Other Assets Total | $670,581 | $710,694 | ▲ $40,113 |
| Liabilities | |||
| Unsecured Notes Loans Payable | $47,237,337 | $57,258,203 | ▲ $10,020,866 |
| Accounts Payable and Accrued Expenses | $2,409,485 | $3,926,169 | ▲ $1,516,684 |
| Escrow Account Liability | $632,445 | $595,427 | ▼ $37,018 |
| Deferred Revenue | $892,400 | $501,471 | ▼ $390,929 |
| Other Liabilities | $7,911 | $0 | ▼ $7,911 |
| Total Liabilities | $51,179,578 | $62,281,270 | ▲ $11,101,692 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $50,985,887 | $45,076,007 | ▼ $5,909,880 |
| Net Assets With Donor Restrictions | $18,214,216 | $10,504,753 | ▼ $7,709,463 |
| Total Net Assets Fund Balance | $69,200,103 | $55,580,760 | ▼ $13,619,343 |
| Total Liabilities and Net Assets / Fund Balance | $120,379,681 | $117,862,030 | ▼ $2,517,651 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Other Land Buildings | $14,849 | $1,208,667 | $1,223,516 |
| Leasehold Improvements | $20,180 | $87,305 | $107,485 |
| Investment Program Related Org | $28,114,243 | - | - |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| William Foote | CEO & Founder | FT | $378,365 | $28,992 | $407,357 |
| Frances Reid | COO & President (thru July 2024) | FT | $192,092 | $170,155 | $362,247 |
| Scott Mcdonald Thru Dec 2024 | Chief External Affairs Officer | FT | $298,759 | $23,399 | $322,158 |
| Bryan Woliner | CFO & Treasurer | FT | $264,383 | $35,244 | $299,627 |
| Darcy Salinger | Chief Credit Officer (thru Dec 2024) | FT | $261,698 | $36,246 | $297,944 |
| Jean Forrester | Controller & VP Investor Relations | FT | $222,961 | $40,858 | $263,819 |
| Soledad Villarruel | Chief Human Resources Officer | FT | $208,801 | $30,668 | $239,469 |
| Alice Burke | General Counsel | FT | $226,179 | $11,324 | $237,503 |
| Alexandra Tuinstra | Chief Strategy Officer | FT | $232,588 | - | $232,588 |
| Robbie Witkop | Lending Analyst | FT | $168,677 | $46,272 | $214,949 |
| Maureen Mcgregor Thru Dec 2024 | Sr. Dir., Marketing/communications | FT | $174,127 | $31,569 | $205,696 |
| Marli Porth | Chief of Staff/clerk | FT | $148,396 | $29,400 | $177,796 |
| Name | Title |
|---|---|
| Ana Zacapa | Chair |
| Fleur Boos | Board Member |
| Hans Muzoora | Board Member |
| James Richardson | Board Member |
| Jehiel Oliver | Board Member |
| Lindsay Bolger | Board Member |
| Macani Toungara | Board Member |
| Mario Fernandez | Board Member |
| Marissa Wesely | Board Member |
| Philip Brown | Board Member |
| Salah Goss | Board Member |
| Scott Amero | Board Member |
| Sophie Romana | Board Member |
| Maria Teresa Villanueva | Board Member (since March 2024) |
| Dana Francois | Board Member (since Sept 2024) |
| Eduardo Briceno | Board Member (since Sept 2024) |
| Mary Barton Dock | Board Member (thru May 2024) |
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| Cbiz Advisors LLC | Accounting Services | 53 STATE STREET 17TH FL, Boston, MA 02109, Cs | $156,024 |
| Sofia Bensofia Gurgi | Translation Services | - | $128,857 |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $19,665,650 |
| Other Expenses | $16,102,680 |
| Grants and Similar Amounts Paid | $1,317,438 |
| Total Fundraising Expense | $1,138,449 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $8,555,702 | $3,930,682 | $541,020 | $13,027,404 |
| Fees for Services Other | $2,487,328 | $302,701 | $12,150 | $2,802,179 |
| Other Employee Benefits | $1,652,783 | $871,734 | $149,797 | $2,674,314 |
| Travel | $1,823,748 | $334,385 | $13,508 | $2,171,641 |
| Current Officers, Directors, Trustees, and Key Employees | $398,295 | $1,469,032 | $258,294 | $2,125,621 |
| Information Technology | $846,624 | $606,894 | $37,508 | $1,491,026 |
| Payroll Taxes | $878,083 | $520,273 | $80,204 | $1,478,560 |
| Interest | $899,195 | - | - | $899,195 |
| Foreign Grants | $733,980 | - | - | $733,980 |
| Occupancy | $560,120 | $118,707 | $12,647 | $691,474 |
| Grants to Domestic Orgs | $583,458 | - | - | $583,458 |
| Fees for Services Legal | $261,440 | $103,825 | - | $365,265 |
| Pension Plan Contributions | $233,156 | $110,051 | $16,544 | $359,751 |
| Conferences and Meetings | $332,859 | $2,500 | - | $335,359 |
| Office Expenses | $178,342 | $148,639 | $417 | $327,398 |
| Fees for Services Accounting | $39,360 | $146,687 | - | $186,047 |
| Insurance | $8,678 | $113,367 | - | $122,045 |
| Other Expenses | $28,431 | $32,009 | - | $60,440 |
| Advertising | $7,512 | $5,172 | $16,360 | $29,044 |
| Depreciation Depletion | $14,843 | - | - | $14,843 |
| Total Functional Expenses | $27,130,661 | $8,816,658 | $1,138,449 | $37,085,768 |
| Line Item | Amount |
|---|---|
| Total Expenses per Form 990 | $37,085,768 |
| Total Expenses per Audited Statements | $29,947,163 |
| Expenses per Audited Statements | $29,579,850 |
| Expenses Not Reported on Financial Statements | $7,505,918 |
| Other Expense Adjustments | $7,505,918 |
| Expenses Not Reported on Form 990 | $367,313 |
| Recipient | Location | Category | Purpose | Amount |
|---|---|---|---|---|
| Catholic Relief Services | Baltimore, MD | 501(c)(3) | Development of Reporting and Evaluations | $583,458 |
| Region | Activity | Services | Offices | Employees | Spending |
|---|---|---|---|---|---|
| South America | Program Services | Loan Disbursements | 0 | 0 | $41,341,763 |
| Sub-saharan Africa | Program Services | Loan Disbursements | 0 | 0 | $37,726,362 |
| Central America and the Caribbean | Program Services | Loan Disbursements | 0 | 0 | $34,284,083 |
| East Asia and the Pacific | Program Services | Loan Disbursements | 0 | 0 | $8,226,903 |
| North America | Program Services | Loan Disbursements | 0 | 0 | $6,649,485 |
| South America | Program Services | Lending and Advisory Services | 1 | 30 | $4,263,672 |
| Sub-saharan Africa | Program Services | Lending and Advisory Services | 1 | 34 | $3,716,912 |
| Central America and the Caribbean | Program Services | Lending and Advisory Services | 1 | 40 | $3,284,399 |
| North America | Program Services | Lending and Advisory Services | 1 | 16 | $1,444,443 |
| Sub-saharan Africa | Grant Making | Lending and Advisory Services | 0 | 0 | $378,250 |
| East Asia and the Pacific | Program Services | - | 0 | 0 | $261,331 |
| South America | Grant Making | - | 0 | 0 | $246,600 |
| Central America and the Caribbean | Grant Making | - | 0 | 0 | $64,130 |
| East Asia and the Pacific | Grant Making | - | 0 | 0 | $43,000 |
| North America | Grant Making | - | 0 | 0 | $2,000 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“The form 990 was prepared by an independent public accounting firm with information provided by management. The form 990 is reviewed by the controller, chief financial officer and president. Prior to filing, the complete form 990 is provided to all voting members of the board of directors with opportunity for questions, comments, or edits. Any changes are incorporated in the final form 990 which is filed with the irs.”
“All root capital board members and employees participate in an annual training on root capital's code of ethics, which includes a conflict of interest policy. Directors and officers complete a conflict of interest disclosure form each year. If it is necessary to review or clear a conflict related to the current work or activity of root capital, that conflict is brought before the governance committee of the board. The governance committee's conversation and decision with respect to the conflict is recorded in the minutes of the meeting and shared with the full board. All root capital personnel are trained on the conflict of interest policy. Root capital's conflict of interest policy is shared with the participants and participants are asked to sign an acknowledgement form attesting that they have read the policies and completed the training.”
“Per delegation of the full board of directors each year, the root capital board of directors' governance committee reviews the ceo's performance and compensation annually and recommends a salary for approval by the executive committee of the board. The ceo's salary recommendation is supported by a compensation study performed at least every two years as informed by peer compensation data available through public filings. Compensation of other officers and key employees is determined by the ceo of the organization using the results of a compensation survey conducted on an annual basis.”
“Root capital makes its form 990 available to the public by retaining a copy on its website, www.rootcapital.org. The form 990 is likewise published on the internet at www.guidestar.org. The organization's financial statements are made available on its website. The organization's governing documents and conflict of interest policy are not ordinarily made available to the public, but, if requested, will be provided at management's discretion.”
“At times, root capital co-lends with other organizations and administers the entire loan. Credit counseling and debt management services are provided by the co-lender. In many locations, root capital bears the responsibility to create a triangulated partnership between the co-lender, borrower, and commercial buyer. This creates an added measure of security for root capital's clients by ensuring that their products can be sold at a fair price, and helps buyers contribute to the local economies. The escrow funds represent a timing difference between repayments from borrowers and transfer of funds due to co-lending partners. The escrow account is also used when a buyer pays root capital the full amount of the money owed to a supplier/borrower. Root capital deducts the principal and interest owed on its loan and forwards the remaining balance to the supplier/borrower.”
“Root capital is exempt from federal income taxes under section 501(c)(3) of the internal revenue code, and accordingly, is generally exempt from federal and state income taxes. Accordingly, no provision for income taxes is made in the combined financial statements. Root capital has determined that its status as a tax exempt entity and its determinations as to its income being related and unrelated are not uncertain tax positions within the meaning of generally accepted accounting principles for its open tax years. Root capital's federal and state income tax returns are generally open for examination for three years following the date filed. Root capital operates on an exempt basis when such treatment is available in its various locations of operation in accordance with local laws. Accordingly, income tax disclosures have been excluded given their limited amounts in the combined financial statements.”
“Provision for loan loss -6,606,723. Interest expense -899,195.”
“Provision for loan loss 6,606,723. Interest expense 899,195.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 3926169 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 892923 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 3531194 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | TO GROW RURAL PROSPERITY AND BUILD THE RESILIENCE OF FARMING FAMILIES AROUND THE WORLD. |
| IRS990/AdvertisingGrp/FundraisingAmt | 0 | 16360 |
| IRS990/AdvertisingGrp/ManagementAndGeneralAmt | 0 | 5172 |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 7512 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 29044 |
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| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 57089700 |
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| IRS990/Desc | 0 | ROOT CAPITAL PROVIDES AGRICULTURAL BUSINESSES WITH A UNIQUE COMBINATION OF CREDIT AND CAPACITY BUILDING. THE ORGANIZATION ALSO CATALYZES CHANGE IN THE BROADER SECTOR THROUGH EVALUATION AND SHARED LEARNING. PLEASE REFER TO THE ORGANIZATION'S WEBSITE FOR FURTHER INFORMATION AND STATISTICS ON PROGRAM ACCOMPLISHMENTS.FINANCE: ROOT CAPITAL TYPICALLY PROVIDES LOANS AND LINES OF CREDIT RANGING FROM $50,000 TO $4 MILLION TO SMALL AND GROWING BUSINESSES, THAT SOURCE FROM SMALL-HOLDER FARMERS, WITH A FOCUSES ON THOSE BUSINESSES NOT REACHED BY COMMERCIAL LENDERS.MOST ROOT CAPITAL LOANS CAN BE CATEGORIZED AS FOLLOWS:1) LINES OF CREDIT, WITH TENORS OF ONE TO THREE YEARS AND ARE USED FOR WORKING CAPITAL TO FINANCE THE COST OF PURCHASING AND PROCESSING RAW MATERIAL SOURCED FROM SMALLHOLDER FARMERS.2) TERM LOANS, GRANTED FROM TIME TO TIME, WITH MAXIMUM TENORS OF SEVEN YEARS ARE PROVIDED IN CONNECTION WITH THE WORKING CAPITAL FINANCING TO FINANCE CERTAIN FIXED ASSET PURCHASES AND INVESTMENTS, INCLUDING EQUIPMENT, INFRASTRUCTURE IMPROVEMENTS, AND AGRICULTURAL INPUTS. ROOT CAPITAL ASSESSES PROSPECTIVE CLIENTS AND EVALUATES THEM ON A SERIES OF FINANCIAL, SOCIAL, AND ENVIRONMENTAL CRITERIA. SOCIAL CRITERIA INCLUDE PRICES PAID TO SUPPLIERS, EMPLOYEE WAGES, AND WORKING CONDITIONS, AND COMPANY SUPPORT FOR SOCIAL PROGRAMS SUCH AS TRAINING AND MEDICAL CARE. ENVIRONMENTAL CRITERIA INCLUDE SOIL AND WATER MANAGEMENT, THE IMPACT OF THE BUSINESS ON THE SURROUNDING COMMUNITY, AND STANDARDS FOR PRODUCT HANDLING AND PROCESSING.ROOT CAPITAL'S LENDING SUPPORTS SUSTAINABLE ENVIRONMENTAL PRACTICES THAT PROTECT RURAL ECOSYSTEMS. CROPS PROCESSED AND MARKETED BY ROOT CAPITAL CLIENTS PRIMARILY IN INDUSTRIES INCLUDING COFFEE, COCOA, AND CERTAIN TREE NUTS. |
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| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 18 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 19 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 20 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 21 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 22 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 23 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 24 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 25 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 26 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 27 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 28 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 10 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 11 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 12 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 13 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 14 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 15 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 16 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 17 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 18 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 19 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 20 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 21 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 22 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 23 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 24 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 25 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 26 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 27 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 28 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 9 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 10 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 11 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 12 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 13 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 14 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 15 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 16 | X |
| IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 17 | 20992 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 18 | 13819 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 19 | 35244 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 20 | 11324 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 21 | 29400 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 22 | 23399 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 23 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 24 | 36246 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 25 | 34067 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 26 | 30668 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 27 | 31569 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 28 | 32361 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | ANA ZACAPA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | MARY BARTON DOCK |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | LINDSAY BOLGER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | MARISSA WESELY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | MARIO FERNANDEZ |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | SALAH GOSS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | SOPHIE ROMANA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | MACANI TOUNGARA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | SCOTT AMERO |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | HANS MUZOORA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | FLEUR BOOS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 11 | PHILIP BROWN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 12 | JEHIEL OLIVER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 13 | JAMES RICHARDSON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 14 | MARIA TERESA VILLANUEVA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 15 | EDUARDO BRICENO |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 16 | DANA FRANCOIS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 17 | WILLIAM FOOTE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 18 | FRANCES REID |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 19 | BRYAN WOLINER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 20 | ALICE BURKE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 21 | MARLI PORTH |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 22 | SCOTT MCDONALD THRU DEC 2024 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 23 | ALEXANDRA TUINSTRA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 24 | DARCY SALINGER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 25 | JEAN FORRESTER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 26 | SOLEDAD VILLARRUEL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 27 | MAUREEN MCGREGOR THRU DEC 2024 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 28 | ROBBIE WITKOP |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 17 | 386365 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 18 | 348428 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 19 | 264383 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 20 | 226179 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 21 | 148396 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 22 | 298759 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 23 | 232588 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 24 | 261698 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 25 | 229752 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 26 | 208801 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 27 | 174127 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 28 | 182588 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 17 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 18 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 19 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 20 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 21 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 22 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 23 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 24 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 25 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 26 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 27 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 28 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | BOARD MEMBER (THRU MAY 2024) |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 14 | BOARD MEMBER (SINCE MARCH 2024) |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 15 | BOARD MEMBER (SINCE SEPT 2024) |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 16 | BOARD MEMBER (SINCE SEPT 2024) |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 17 | CEO & FOUNDER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 18 | COO & PRESIDENT (THRU JULY 2024) |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 19 | CFO & TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 20 | GENERAL COUNSEL |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 21 | CHIEF OF STAFF/CLERK |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 22 | CHIEF EXTERNAL AFFAIRS OFFICER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 23 | CHIEF STRATEGY OFFICER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 24 | CHIEF CREDIT OFFICER (THRU DEC 2024) |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 25 | CONTROLLER & VP INVESTOR RELATIONS |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 26 | CHIEF HUMAN RESOURCES OFFICER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 27 | SR. DIR., MARKETING/COMMUNICATIONS |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 28 | LENDING ANALYST |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 1999 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GainOrLossGrp/SecuritiesAmt | 0 | 1723 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 16 |
| IRS990/GovernmentGrantsAmt | 0 | 3402831 |
| IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt | 0 | 583458 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 583458 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 1 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt | 0 | 1723 |
| IRS990/GrossReceiptsAmt | 0 | 23802639 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 1 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 0 |
| IRS990/IndependentVotingMemberCnt | 0 | 16 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 33 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InformationTechnologyGrp/FundraisingAmt | 0 | 37508 |
| IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt | 0 | 606894 |
| IRS990/InformationTechnologyGrp/ProgramServicesAmt | 0 | 846624 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 1491026 |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 113367 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 8678 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 122045 |
| IRS990/InterestGrp/ProgramServicesAmt | 0 | 899195 |
| IRS990/InterestGrp/TotalAmt | 0 | 899195 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 2563919 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 2563919 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/InvestmentsProgramRelatedGrp/BOYAmt | 0 | 29651792 |
| IRS990/InvestmentsProgramRelatedGrp/EOYAmt | 0 | 28114243 |
| IRS990/InvestmentsPubTradedSecGrp/BOYAmt | 0 | 21228908 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 16899411 |
| IRS990/IRPDocumentCnt | 0 | 150 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 1295972 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 34647 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 35029 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 1331001 |
| IRS990/LegalDomicileStateCd | 0 | MA |
| IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt | 0 | 0 |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
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