Civic Intelligence

National Minority Supplier Development Council Business Conso

990 • Fiscal year 2020 • EIN 13-3407599

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 15, 2021

575 Lexington Avenue 4th FloorNew York, NY 10022

(212) 243-7360

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

57th percentile

0.15x

Higher debt load relative to assets than 57% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

84th percentile

0.93x

Higher debt load relative to revenue than 84% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

8th percentile

-48%

Higher net margin than 8% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

88th percentile

$182,424

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 29.4% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

9th percentile

-9.2%

Faster asset growth than 9% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

89th percentile

64%

Faster revenue growth than 89% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Down

$3,852,414

Down $388,092 (-9.2%) from 2019

Net Assets

Down

$3,277,570

Down $397,327 (-11%) from 2019

Liabilities

Up

$574,844

Up $9,235 (+1.6%) from 2019

Revenue

Up

$621,310

Up $242,348 (+64%) from 2019

Expenses

Up

$922,131

Up $97,032 (+12%) from 2019

Net Income

Up

-$300,821

Up $145,316 (+33%) from 2019

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$10M$5.0M$0Assets 2010: $8,979,846Liabilities 2010: $6,395,589Net Assets 2010: $2,584,2572010Assets 2011: $8,330,172Liabilities 2011: $6,122,227Net Assets 2011: $2,207,9452011Assets 2012: $7,290,344Liabilities 2012: $6,118,632Net Assets 2012: $1,171,7122012Assets 2013: $7,049,675Liabilities 2013: $1,069,376Net Assets 2013: $5,980,2992013Assets 2014: $6,541,553Liabilities 2014: $941,575Net Assets 2014: $5,599,9782014Assets 2015: $5,957,335Liabilities 2015: $841,783Net Assets 2015: $5,115,5522015Assets 2016: $5,488,533Liabilities 2016: $763,704Net Assets 2016: $4,724,8292016Assets 2017: $5,270,944Liabilities 2017: $657,616Net Assets 2017: $4,613,3282017Assets 2018: $4,809,423Liabilities 2018: $604,339Net Assets 2018: $4,205,0842018Assets 2019: $4,240,506Liabilities 2019: $565,609Net Assets 2019: $3,674,8972019Assets 2020: $3,852,414Liabilities 2020: $574,844Net Assets 2020: $3,277,5702020Assets 2021: $4,404,623Liabilities 2021: $465,284Net Assets 2021: $3,939,3392021Assets 2022: $5,426,269Liabilities 2022: $1,076,297Net Assets 2022: $4,349,9722022Assets 2023: $8,066,076Liabilities 2023: $3,821,935Net Assets 2023: $4,244,1412023Assets 2024: $9,647,306Liabilities 2024: $5,955,034Net Assets 2024: $3,692,2722024

Highlighted filing

2020

Assets$3,852,414
Liabilities$574,844
Net Assets$3,277,570

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $1,921,8072010Revenue 2011: $739,153Expenses 2011: $913,308Net Income 2011: -$174,1552011Expenses 2012: $1,125,8492012Revenue 2013: $834,418Expenses 2013: $849,904Net Income 2013: -$15,4862013Revenue 2014: $445,114Expenses 2014: $791,423Net Income 2014: -$346,3092014Revenue 2015: $630,337Expenses 2015: $832,972Net Income 2015: -$202,6352015Revenue 2016: $512,297Expenses 2016: $845,727Net Income 2016: -$333,4302016Revenue 2017: $652,493Expenses 2017: $703,649Net Income 2017: -$51,1562017Revenue 2018: $434,021Expenses 2018: $801,734Net Income 2018: -$367,7132018Revenue 2019: $378,962Expenses 2019: $825,099Net Income 2019: -$446,1372019Revenue 2020: $621,310Expenses 2020: $922,131Net Income 2020: -$300,8212020Revenue 2021: $1,649,138Expenses 2021: $941,554Net Income 2021: $707,5842021Revenue 2022: $1,566,911Expenses 2022: $1,318,677Net Income 2022: $248,2342022Revenue 2023: $2,022,788Expenses 2023: $1,660,980Net Income 2023: $361,8082023Revenue 2024: $2,482,518Expenses 2024: $2,537,875Net Income 2024: -$55,3572024

Highlighted filing

2020

Revenue$621,310
Expenses$922,131
Net Income-$300,821
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 15, 2021
Return Version
2020v4.1
Gross Receipts
$621,310
Mission and Program Overview

Mission

The business consortium fund (bcf) provides access to capital to national minority supplier development council (nmsdc) certified minority business entrepreneurs (mbe) unable to secure financing on reasonable terms through traditional lending channels. A number of financing programs are available through the bcf, including: contract, accounts receivable and equipment financing, working capital loans, term loans and equity based funding.

To provide access to capital to nmsdc council certified minority business entrpreneurs unable to secure financing on reasonable terms through traditional lending channels.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,423,978$1,490,796▲ $66,818
Investments Program Related$1,881,631$1,282,332▼ $599,299
Investments Other Securities$844,324$749,706▼ $94,618
Accounts Receivable$5,687$252,973▲ $247,286
Prepaid Expenses and Deferred Charges$22,645$20,459▼ $2,186
Land, Buildings, and Equipment, Net$13,542$6,229▼ $7,313
Cash and Non-Interest-Bearing Accounts$1,184$27▼ $1,157
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$4,240,506$3,852,414▼ $388,092
Other Assets Total$47,515$49,892▲ $2,377
Liabilities
Other Liabilities$464,477$375,729▼ $88,748
Unsecured Notes Loans Payable$0$100,330▲ $100,330
Accounts Payable and Accrued Expenses$101,132$98,785▼ $2,347
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$565,609$574,844▲ $9,235
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,674,897$3,277,570▼ $397,327
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$3,674,897$3,277,570▼ $397,327
Total Liabilities and Net Assets / Fund Balance$4,240,506$3,852,414▼ $388,092

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$6,229$12,024$18,253
Investment Program Related Org$1,282,332--
Closely Held Equity Interests$749,706--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
G Winston SmithPresidentFT$150,298$32,126$182,424
Socorro T VallejoVP/ControllerFT$104,441$21,867$126,308
Ruben RodriguezSVP, Chief Lending OfficerFT$83,278$32,544$115,822
Elba GarciaAvp, Loan Portfolio ManagerFT$71,299$30,688$101,987

Board Members and Trustees

NameTitle
Henry Childs IIChairman & CEO
Kris OswoldVice Chair
Clifford BaileyDirector
Kala GibsonDirector
Kathleen KressDirector
Nancy McGuireDirector
Natalie McGradyDirector
Stacey KeyDirector
Terrez ThompsonDirector
Thomas C FitzgeraldDirector
Timothy McBrideDirector
Jeffrey UnderweiserSecretary
John S AdamsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$376,500
Program Service Revenue
$240,900
Investment Income
$3,910
Other Revenue
$0
All Other Contributions
$376,500
Change in Net Assets
$-300,821
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$585,563
Other Expenses$336,568
Total Fundraising Expense$61,768
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$325,020$201,070$14,624$540,714
Office Expenses$46,774$37,891$3,958$88,623
Fees for Services Other$19,273$38,807$19,161$77,241
Occupancy$29,436$20,135$1,293$50,864
Fees for Services Legal$11,222$22,597$11,157$44,976
Fees for Services Accounting$9,458$19,043$9,403$37,904
Payroll Taxes$17,878$11,094$814$29,786
Insurance$15,091$10,324$663$26,078
Other Salaries and Wages$8,258-$145$8,403
Other Employee Benefits-$5,938$426$6,364
Travel$3,865$2,154-$6,019
Depreciation Depletion$2,815$1,924$124$4,863
Pension Plan Contributions$296--$296
Total Functional Expenses$489,386$370,977$61,768$922,131
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Paid in Investments$375,729
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 7A

The bcf members consist of corporations, individuals, partnerships, and other business entities which have made an investment in the bcf for a minimum of two-years and are interested in stimulating the economic growth of certified minority entrepreneurs. Each member is entitled to one vote in person or by proxy in connection with affairs of the corporation and the election of bcf board of directors at the bcf's annual meeting of the members.

Form 990, Part VI, Line 7B

The bcf board of directors consists of representatives from bcf members as well as the president of the national minority supplier development council "nmsdc", the president of the bcf, a representative for each of the nmsdc regional council presidents, chairpersons and minority entrepreneurs, and any individuals appointed to the board by the chairman pursuant to the bcf bylaws. One-third of the directors in person or proxy constitute a quorum for the approval of transactions of the bcf's business, which consist of approval of corporatte financial statements, annual budget, pension plan, litigations, etc. Each board has the right to one vote in person or via proxy in connection with the corporation's affairs. The board of directors also has an executive committee which has been granted by the board the right to act on all matters regarding the bcf on behalf of the board to the full extent allowed by law. A majority of the members of the executive committee is required to approve any action.

Form 990, Part VI, Line 11B

Responsiblity for reviewing the completed form 990 has been delegated to the treasurer by the board of directors.

Form 990, Part VI, Line 15A

The executive committee with the assistance of a compensation consultant determines the salary of the president/ceo.

Form 990, Part VI, Line 19

Governing documents, policies and financial statements are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
National Minority Supplier Development
EIN
13-3407599
In Care Of
% SOCORRO T VALLEJO
Phone
2122437360
Address
575 Lexington Avenue 4th Floor, New York, NY 10022

Signing Officer

Name
Sahra Halpern
Title
President
Phone
2122437360
Signed
2021-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sahra Halpern
Formed
1987
Legal Domicile
Ny
Voting Board Members
14
Independent Board Members
13
Employees
6
Volunteers
13

Preparer

Firm
WithumSmithBrown PC
Address
ONE TOWER CENTER BLVD 14TH FL, EAST BRUNSWICK, NJ 08816
Preparer
Shawn Gillon
Phone
7328281614
Supplemental Narrative

Additional Explanations

Form 990, part XI, line 9

Other changes in net assets Provision for possible loan loss of $1,240.

Financial Statement Notes

Form 990, Schedule D, Part X, Line 2

The Company follows the provisions of Financial Accounting Standards Board Accounting Standard codification ("FASB ASC") 740, Income Taxes. FASB ASC 740 creates a single model to address uncertainty in tax positions and clarifies the accounting for income taxes recognized by prescribing the minimum recognition threshold a tax position is required to meet before being recognized in the consolidated financial statements. FASB ASC 740 also provides guidance on recognition, measurement, clarification, treatment of interest and penalties, disclosure and transition. Management has determined there are no uncertain tax positions taken. These consolidated financial statements do not include any expenses related to penalties or interest from income taxes.

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IRS990/Form990PartVIISectionAGrp/PersonNm2Ruben Rodriguez
IRS990/Form990PartVIISectionAGrp/PersonNm3ELBA GARCIA
IRS990/Form990PartVIISectionAGrp/PersonNm4Timothy McBride
IRS990/Form990PartVIISectionAGrp/PersonNm5Kris Oswold
IRS990/Form990PartVIISectionAGrp/PersonNm6Jeffrey Underweiser
IRS990/Form990PartVIISectionAGrp/PersonNm7John S Adams
IRS990/Form990PartVIISectionAGrp/PersonNm8Stacey Key
IRS990/Form990PartVIISectionAGrp/PersonNm9Terrez Thompson
IRS990/Form990PartVIISectionAGrp/PersonNm10Clifford Bailey
IRS990/Form990PartVIISectionAGrp/PersonNm11Thomas C Fitzgerald
IRS990/Form990PartVIISectionAGrp/PersonNm12Nancy McGuire
IRS990/Form990PartVIISectionAGrp/PersonNm13Henry Childs II
IRS990/Form990PartVIISectionAGrp/PersonNm14Natalie McGrady
IRS990/Form990PartVIISectionAGrp/PersonNm15Kala Gibson
IRS990/Form990PartVIISectionAGrp/PersonNm16Kathleen Kress
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0150298
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1104441
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt283278
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt371299
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1VP/Controller
IRS990/Form990PartVIISectionAGrp/TitleTxt2SVP, CHIEF LENDING OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt3AVP, LOAN PORTFOLIO MANAGER
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Vice Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt6Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt7Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13Chairman & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt14Director
IRS990/Form990PartVIISectionAGrp/TitleTxt15Director
IRS990/Form990PartVIISectionAGrp/TitleTxt16Director
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr01987
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/FundraisingDirectExpensesAmt00
IRS990/FundraisingGrossIncomeAmt00
IRS990/GamingActivitiesInd0false
IRS990/GamingDirectExpensesAmt00
IRS990/GamingGrossIncomeAmt00
IRS990/GoverningBodyVotingMembersCnt014
IRS990/GrantsPayableGrp/BOYAmt00
IRS990/GrantsPayableGrp/EOYAmt00
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0621310
IRS990/GrossSalesOfInventoryAmt00
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt013
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InfoInScheduleOPartXInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/FundraisingAmt0663
IRS990/InsuranceGrp/ManagementAndGeneralAmt010324
IRS990/InsuranceGrp/ProgramServicesAmt015091
IRS990/InsuranceGrp/TotalAmt026078
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt03910
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt03910
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0844324
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0749706
IRS990/InvestmentsProgramRelatedGrp/BOYAmt01881631
IRS990/InvestmentsProgramRelatedGrp/EOYAmt01282332
IRS990/InvestmentsPubTradedSecGrp/BOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt08
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt012024
IRS990/LandBldgEquipBasisNetGrp/BOYAmt013542
IRS990/LandBldgEquipBasisNetGrp/EOYAmt06229
IRS990/LandBldgEquipCostOrOtherBssAmt018253
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd0false
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE BUSINESS CONSORTIUM FUND (BCF) PROVIDES ACCESS TO CAPITAL TO NATIONAL MINORITY SUPPLIER DEVELOPMENT COUNCIL (NMSDC) CERTIFIED MINORITY BUSINESS ENTREPRENEURS (MBE) UNABLE TO SECURE FINANCING ON REASONABLE TERMS THROUGH TRADITIONAL LENDING CHANNELS. A NUMBER OF FINANCING PROGRAMS ARE AVAILABLE THROUGH THE BCF, INCLUDING: CONTRACT, ACCOUNTS RECEIVABLE AND EQUIPMENT FINANCING, WORKING CAPITAL LOANS, TERM LOANS AND EQUITY BASED FUNDING.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt03674897
IRS990/NetAssetsOrFundBalancesEOYAmt03277570
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-95266
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt03674897
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt03277570
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt01293
IRS990/OccupancyGrp/ManagementAndGeneralAmt020135
IRS990/OccupancyGrp/ProgramServicesAmt029436
IRS990/OccupancyGrp/TotalAmt050864
IRS990/OfficeExpensesGrp/FundraisingAmt03958
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt037891
IRS990/OfficeExpensesGrp/ProgramServicesAmt046774
IRS990/OfficeExpensesGrp/TotalAmt088623
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt047515
IRS990/OtherAssetsTotalGrp/EOYAmt049892
IRS990/OtherChangesInNetAssetsAmt0-1240
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt0426
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt05938
IRS990/OtherEmployeeBenefitsGrp/TotalAmt06364
IRS990/OtherLiabilitiesGrp/BOYAmt0464477
IRS990/OtherLiabilitiesGrp/EOYAmt0375729
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0145
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt08258
IRS990/OtherSalariesAndWagesGrp/TotalAmt08403
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt0814
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt011094
IRS990/PayrollTaxesGrp/ProgramServicesAmt017878
IRS990/PayrollTaxesGrp/TotalAmt029786
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0296
IRS990/PensionPlanContributionsGrp/TotalAmt0296
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt022645
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt020459
IRS990/PrincipalOfficerNm0Sahra Halpern
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0525990
IRS990/ProgramServiceRevenueGrp/BusinessCd1525990
IRS990/ProgramServiceRevenueGrp/BusinessCd2525990
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST INCOME FROM LOANS
IRS990/ProgramServiceRevenueGrp/Desc1ABSORPTION OF LOSS BY FUNDERS
IRS990/ProgramServiceRevenueGrp/Desc2OTHER REVENUES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0119658
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt188748
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt232494
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0119658
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt188748
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt232494
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt087776
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt029449
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0267073
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0261737
IRS990/PYRevenuesLessExpensesAmt0-446137
IRS990/PYSalariesCompEmpBnftPaidAmt0558026
IRS990/PYTotalExpensesAmt0825099
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0378962
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$9.65$5.96$3.69$2.48$2.54$0.06
2023Detailed filing. Detailed filing data is available for this year.$8.07$3.82$4.24$2.02$1.66$0.36
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.43$1.08$4.35$1.57$1.32$0.25
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.40$0.47$3.94$1.65$0.94$0.71
2020Detailed filing. Detailed filing data is available for this year.$3.85$0.57$3.28$0.62$0.92$0.30
2019Detailed filing. Detailed filing data is available for this year.$4.24$0.57$3.67$0.38$0.83$0.45
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.81$0.60$4.21$0.43$0.80$0.37
2017Summary only. Only limited summary data is available for this year.$5.27$0.66$4.61$0.65$0.70$0.05
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.49$0.76$4.72$0.51$0.85$0.33
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.96$0.84$5.12$0.63$0.83$0.20
2014Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$6.54$0.94$5.60$0.45$0.79$0.35
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$7.05$1.07$5.98$0.83$0.85$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.29$6.12$1.17$1.13
2011Summary only. Only limited summary data is available for this year.$8.33$6.12$2.21$0.74$0.91$0.17
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.98$6.40$2.58$1.92