Civic Intelligence

Common Capital Inc.

990 • Fiscal year 2020 • EIN 22-3051402

Jul 01, 2019 to Jun 30, 2020 • Filed on May 04, 2021

Organization ProfileWWW.COMMON-CAPITAL.ORG
1780 Main StreetSpringfield, MA 01103

(413) 233-1680

Siviq Scores

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

Liabilities / Assets

70th percentile

0.41x

Higher debt load relative to assets than 70% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Liabilities / Revenue

91st percentile

3.13x

Higher debt load relative to revenue than 91% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Net Margin

32nd percentile

-1.5%

Higher net margin than 32% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Top Officer Pay

94th percentile

$453,100

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 48.9% of source-year revenue.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Asset Growth

53rd percentile

7.2%

Faster asset growth than 53% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Revenue Growth

18th percentile

-24%

Faster revenue growth than 18% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets70th percentile

Assets

Up

$7,154,318

Up $478,616 (+7.2%) from 2019

Net Assets

Down

$4,252,787

Down $13,738 (-0.3%) from 2019

Liabilities

Up

$2,901,531

Up $492,354 (+20%) from 2019

Revenue And Expenses
Liabilities / Revenue91st percentileNet Margin32nd percentile

Revenue

Down

$925,720

Down $285,773 (-24%) from 2019

Expenses

Down

$939,458

Down $200,207 (-18%) from 2019

Net Income

Down

-$13,738

Down $85,566 (-119%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth53rd percentile

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

$15M$10M$5.0M$0Assets 2012: $5,727,279Liabilities 2012: $2,422,470Net Assets 2012: $3,304,8092012Assets 2013: $5,840,020Liabilities 2013: $2,093,925Net Assets 2013: $3,746,0952013Assets 2014: $5,846,226Liabilities 2014: $2,088,348Net Assets 2014: $3,757,8782014Assets 2015: $6,657,309Liabilities 2015: $2,175,268Net Assets 2015: $4,482,0412015Assets 2016: $6,580,191Liabilities 2016: $2,017,598Net Assets 2016: $4,562,5932016Assets 2017: $6,147,591Liabilities 2017: $1,917,871Net Assets 2017: $4,229,7202017Assets 2018: $6,362,011Liabilities 2018: $2,167,314Net Assets 2018: $4,194,6972018Assets 2019: $6,675,702Liabilities 2019: $2,409,177Net Assets 2019: $4,266,5252019Assets 2020: $7,154,318Liabilities 2020: $2,901,531Net Assets 2020: $4,252,7872020Assets 2021: $7,690,982Liabilities 2021: $3,012,751Net Assets 2021: $4,678,2312021Assets 2022: $10,407,941Liabilities 2022: $3,656,695Net Assets 2022: $6,751,2462022Assets 2023: $10,983,074Liabilities 2023: $3,728,364Net Assets 2023: $7,254,7102023Assets 2024: $11,059,939Liabilities 2024: $4,260,938Net Assets 2024: $6,799,0012024

Highlighted filing

2020

Assets$7,154,318
Liabilities$2,901,531
Net Assets$4,252,787
Open 2020 Filing

Operations Trend

Revenue Growth18th percentile

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2012: $2,769,307Expenses 2012: $1,149,835Net Income 2012: $1,619,4722012Revenue 2013: $1,574,888Expenses 2013: $1,136,235Net Income 2013: $438,6532013Revenue 2014: $885,288Expenses 2014: $873,505Net Income 2014: $11,7832014Revenue 2015: $1,818,665Expenses 2015: $1,081,230Net Income 2015: $737,4352015Revenue 2016: $1,042,343Expenses 2016: $966,498Net Income 2016: $75,8452016Revenue 2017: $966,271Expenses 2017: $1,202,496Net Income 2017: -$236,2252017Revenue 2018: $747,091Expenses 2018: $767,593Net Income 2018: -$20,5022018Revenue 2019: $1,211,493Expenses 2019: $1,139,665Net Income 2019: $71,8282019Revenue 2020: $925,720Expenses 2020: $939,458Net Income 2020: -$13,7382020Revenue 2021: $1,556,130Expenses 2021: $1,130,686Net Income 2021: $425,4442021Revenue 2022: $3,175,807Expenses 2022: $1,102,792Net Income 2022: $2,073,0152022Revenue 2023: $1,986,861Expenses 2023: $1,483,397Net Income 2023: $503,4642023Revenue 2024: $1,109,925Expenses 2024: $1,565,634Net Income 2024: -$455,7092024

Highlighted filing

2020

Revenue$925,720
Expenses$939,458
Net Income-$13,738
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
May 4, 2021
Return Version
2019v5.2
Gross Receipts
$925,720
Mission and Program Overview

Mission

Common capital, inc. Is a nonprofit community development financial institution (cdfi) certified by the u.s. Treasury department working to grow and strengthen the regional economy by strengthening local businesses and community organizations in western and central massachusetts. Common capital, inc. Provides business loans and technical assistance to help business owners and organizations establish and grow in order to improve income levels, expand job opportunities, and strengthen the local communities. Common caputal, inc. Also provides direct access to alternative financing sources and predominately serves economically-distressed, low-wealth communities.

Common capital, inc. Is a nonprofit community development financial institution, certified by the u.s. Treasury department, working to improve the regional economy.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$4,817,837$5,035,712▲ $217,875
Savings and Temporary Cash Investments$1,303,258$1,903,537▲ $600,279
Pledges and Grants Receivable$473,996$162,724▼ $311,272
Investments Program Related$38,658$38,984▲ $326
Accounts Receivable$37,308$5,155▼ $32,153
Land, Buildings, and Equipment, Net$3,271$623▼ $2,648
Total Assets$6,675,702$7,154,318▲ $478,616
Other Assets Total$1,374$7,583▲ $6,209
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,237,630$2,609,716▲ $372,086
Accounts Payable and Accrued Expenses$146,547$271,815▲ $125,268
Escrow Account Liability$20,000$20,000→ $0
Deferred Revenue$5,000--
Total Liabilities$2,409,177$2,901,531▲ $492,354
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,866,525$3,975,787▲ $109,262
Net Assets With Donor Restrictions$400,000$277,000▼ $123,000
Total Net Assets Fund Balance$4,266,525$4,252,787▼ $13,738
Total Liabilities and Net Assets / Fund Balance$6,675,702$7,154,318▲ $478,616

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$623$67,411$68,034
Compensation and Service Providers
Top Officer Pay94th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Pascale DesirAssistant Clerk--$141,101$141,101
Sam OrtizDirector of LendingFT$107,230$13,636$120,866
Raymond Lanza-weilCEOFT-$105,128$105,128

Board Members and Trustees

NameTitle
Jamas HicksonPresident
Peter GagliardiVice President
Claire HigginsDirector
Frank RobinsonDirector
Jonathan DaenDirector
Richard SullivanDirector
Samalid HoganDirector
Sarah La CourDirector
Linda DunlavyClerk
Christopher SikesFormer CEO
Jay LeonardTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$500,814
Program Service Revenue
$334,006
Investment Income
$3,488
Other Revenue
$87,412
All Other Contributions
$239,453
Change in Net Assets
$-13,738

Audited Revenue Reconciliation

Revenue per Audited Statements
$925,720
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$84,397,098
Total Revenue per Audited Statements
$85,322,818
Total Revenue per Form 990
$925,720
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$479,113
Other Expenses$460,345
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$259,414$11,651-$271,065
Current Officers, Directors, Trustees, and Key Employees$11,744$127,316-$139,060
Interest$46,627--$46,627
Fees for Services Other$38,772$2,554-$41,326
Occupancy$40,810--$40,810
Other Employee Benefits$40,009--$40,009
Fees for Services Accounting$3,045$30,896-$33,941
Payroll Taxes$21,229$7,750-$28,979
Fees for Services Legal$70$22,595-$22,665
Information Technology$22,481--$22,481
Other Expenses$3,216$13,222-$16,438
Insurance-$12,267-$12,267
Travel$2,561$9,425-$11,986
Office Expenses$4,439$3,309-$7,748
Conferences and Meetings$3,947--$3,947
Depreciation Depletion$2,648--$2,648
Total Functional Expenses$636,158$303,300$0$939,458

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$85,941,054
Expenses Not Reported on Form 990$85,001,596
Expenses per Audited Statements$939,458
Total Expenses per Form 990$939,458
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“Way finders, inc., a 501(c)(3) public charity, is the sole member of the organization.”

Form 990, Part VI, Section A, Line 7A

“Way finders, inc., the sole member, has the power to elect or appoint one or more members to the organization's governing board”

Form 990, Part VI, Section B, Line 11B

“The treasurer of the board of directors reviews the form 990 prior to filing. A standing invitation is given to all other board members to review the 990 if they would like. The treasurer makes a presentation to the board that he has reviewed the 990 and the board votes to accept the 990 based on his review.”

Form 990, Part VI, Section B, Line 12C

“All board members, staf members and volunteers are given a copy of the conflict of interest policy at the commencement of that person's relationship with common capital, inc. Full disclosure in writing is required to be made by all interested parties to the board in all conflicts of interest. Anyone who is in a position to make decisions about spending common capital, inc.'s resources and who also stand to benefit from that decision has a duty to disclose that information as soon as it arises. Following full disclosure, the board of directors determines whether a conflict of interest exists. If so, the board votes to authorize or reject the transaction to protect common capital, inc.'s best interests.”

Form 990, Part VI, Section B, Line 15A

“A review of the chief executive officer's salary is performed by the executive committee of the board. The committee uses the independent salary comparibility study prepared by opportunity financine network. An annual performance review is conducted and the results and the decision on the salary amount are presented to the full board of directors for approval.”

Form 990, Part VI, Section C, Line 19

“Documents are availble by request to derek j. Morris, cfo, way finders, inc., 1780 main street, springfield, ma 01103.”

Filing and Contact Details

Filer

Filer Name
Common Capital Inc
EIN
22-3051402
Phone
4132331680
Address
1780 MAIN STREET, SPRINGFIELD, MA 01103

Signing Officer

Name
Raymond Lanza-weil
Title
President
Phone
4132331687
Signed
2021-05-04

Organization Details

Principal Officer
Raymond Lanza-weil
Formed
1990
Legal Domicile
Ma
Voting Board Members
13
Independent Board Members
13
Employees
5
Volunteers
15

Preparer

Firm
Daniel Dennis and Company Llp
Address
990 WASHINGTON STREET, DEDHAM, MA 02026
Preparer
Michael Driscoll
Phone
6172629898
Supplemental Narrative

Additional Explanations

Form 990 Part XII 2C

“This process has not changed from prior year.”

Financial Statement Notes

PART IV, LINE 2B:

“The organization is holding $20,000 in escrow as a loan loss reserve account for certain qualifying loans receivable.”

PART X, LINE 2:

“Common capital, inc. Evaluates tax positions taken or expected to be taken in its tax returns to determine whether the tax positions are "more-likely-than-not" of being sustained by the applicable tax authority. At june 30, 2020, common capital, inc. Believes that it has no uncertain tax positions within its open tax returns (fiscal years 2017-2019).”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Revenue from consolidated affiliates 84,397,098.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Expenses from consolidated affiliates 85,001,596.”

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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/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2CLERK
IRS990/Form990PartVIISectionAGrp/TitleTxt3ASSISTANT CLERK
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt11CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR OF LENDING
IRS990/Form990PartVIISectionAGrp/TitleTxt13FORMER CEO
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01990
IRS990/FormerOfcrEmployeesListedInd01
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt013
IRS990/GovernmentGrantsAmt0261361
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0925720
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt013
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt022481
IRS990/InformationTechnologyGrp/TotalAmt022481
IRS990/InsuranceGrp/ManagementAndGeneralAmt012267
IRS990/InsuranceGrp/TotalAmt012267
IRS990/InterestGrp/ProgramServicesAmt046627
IRS990/InterestGrp/TotalAmt046627
IRS990/InvestmentIncomeGrp/ExclusionAmt03488
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt03488
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt038658
IRS990/InvestmentsProgramRelatedGrp/EOYAmt038984
IRS990/IRPDocumentCnt095
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt067411
IRS990/LandBldgEquipBasisNetGrp/BOYAmt03271
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0623
IRS990/LandBldgEquipCostOrOtherBssAmt068034
IRS990/LegalDomicileStateCd0MA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0COMMON CAPITAL, INC. IS A NONPROFIT COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION (CDFI) CERTIFIED BY THE U.S. TREASURY DEPARTMENT WORKING TO GROW AND STRENGTHEN THE REGIONAL ECONOMY BY STRENGTHENING LOCAL BUSINESSES AND COMMUNITY ORGANIZATIONS IN WESTERN AND CENTRAL MASSACHUSETTS. COMMON CAPITAL, INC. PROVIDES BUSINESS LOANS AND TECHNICAL ASSISTANCE TO HELP BUSINESS OWNERS AND ORGANIZATIONS ESTABLISH AND GROW IN ORDER TO IMPROVE INCOME LEVELS, EXPAND JOB OPPORTUNITIES, AND STRENGTHEN THE LOCAL COMMUNITIES. COMMON CAPUTAL, INC. ALSO PROVIDES DIRECT ACCESS TO ALTERNATIVE FINANCING SOURCES AND PREDOMINATELY SERVES ECONOMICALLY-DISTRESSED, LOW-WEALTH COMMUNITIES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt02237630
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt02609716
IRS990/NetAssetsOrFundBalancesBOYAmt04266525
IRS990/NetAssetsOrFundBalancesEOYAmt04252787
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt03866525
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt03975787
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt040810
IRS990/OccupancyGrp/TotalAmt040810
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt03309
IRS990/OfficeExpensesGrp/ProgramServicesAmt04439
IRS990/OfficeExpensesGrp/TotalAmt07748
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01374
IRS990/OtherAssetsTotalGrp/EOYAmt07583
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt040009
IRS990/OtherEmployeeBenefitsGrp/TotalAmt040009
IRS990/OtherExpensesGrp/Desc0OTHER EXPENSES
IRS990/OtherExpensesGrp/Desc1LOAN LOSS RESERVE ADJUS
IRS990/OtherExpensesGrp/Desc2DUES AND FEES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt062315
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt113222
IRS990/OtherExpensesGrp/ProgramServicesAmt042651
IRS990/OtherExpensesGrp/ProgramServicesAmt192495
IRS990/OtherExpensesGrp/ProgramServicesAmt23216
IRS990/OtherExpensesGrp/TotalAmt0104966
IRS990/OtherExpensesGrp/TotalAmt192495
IRS990/OtherExpensesGrp/TotalAmt216438
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt011651
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0259414
IRS990/OtherSalariesAndWagesGrp/TotalAmt0271065
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt04817837
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt05035712
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt07750
IRS990/PayrollTaxesGrp/ProgramServicesAmt021229
IRS990/PayrollTaxesGrp/TotalAmt028979
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0473996
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0162724
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0RAYMOND LANZA-WEIL
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0LOAN INTEREST INCOME
IRS990/ProgramServiceRevenueGrp/Desc1LENDING AND PROGRAM FE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0308825
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt125181
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0308825
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt125181
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0670358
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt02280
IRS990/PYOtherExpensesAmt0537959
IRS990/PYOtherRevenueAmt073638
IRS990/PYProgramServiceRevenueAmt0465217
IRS990/PYRevenuesLessExpensesAmt071828
IRS990/PYSalariesCompEmpBnftPaidAmt0601706
IRS990/PYTotalExpensesAmt01139665
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01211493
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-13738
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0421418
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt087412
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt087412
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01303258
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01903537
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0500814
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0670358
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0309454
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0679002
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0779269
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02938897
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt03488
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt02280
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt03807
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt01588
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt03594
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt014757
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99500
IRS990ScheduleA/PublicSupportPY170Pct00.99710
IRS990ScheduleA/PublicSupportTotal170Amt02938897
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0500814
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0670358
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0309454
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0679002
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0779269
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02938897
IRS990ScheduleA/TotalSupportAmt02953654
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt0623
IRS990ScheduleD/EquipmentGrp/DepreciationAmt067411
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt068034
IRS990ScheduleD/ExpensesNotReportedAmt085001596
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0939458
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/OtherExpensesIncludedAmt085001596
IRS990ScheduleD/OtherRevenueAmt084397098
IRS990ScheduleD/RevenueNotReportedAmt084397098
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0925720
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS HOLDING $20,000 IN ESCROW AS A LOAN LOSS RESERVE ACCOUNT FOR CERTAIN QUALIFYING LOANS RECEIVABLE.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1COMMON CAPITAL, INC. EVALUATES TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN ITS TAX RETURNS TO DETERMINE WHETHER THE TAX POSITIONS ARE "MORE-LIKELY-THAN-NOT" OF BEING SUSTAINED BY THE APPLICABLE TAX AUTHORITY. AT JUNE 30, 2020, COMMON CAPITAL, INC. BELIEVES THAT IT HAS NO UNCERTAIN TAX POSITIONS WITHIN ITS OPEN TAX RETURNS (FISCAL YEARS 2017-2019).
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2REVENUE FROM CONSOLIDATED AFFILIATES 84,397,098.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3EXPENSES FROM CONSOLIDATED AFFILIATES 85,001,596.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART IV, LINE 2B:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0623
IRS990ScheduleD/TotalExpensesPerForm990Amt0939458
IRS990ScheduleD/TotalRevenuePerForm990Amt0925720
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt085322818
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt085941054
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00

Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$7,154,318
Liabilities
$2,901,531
Net assets
$4,252,787
Revenue
$925,720
Expenses
$939,458
Net income
-$13,738
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.1$4.26$6.80$1.11$1.57$0.46
2023Summary only. Only limited summary data is available for this year.$11.0$3.73$7.25$1.99$1.48$0.50
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.4$3.66$6.75$3.18$1.10$2.07
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.69$3.01$4.68$1.56$1.13$0.43
2020Detailed filing. Detailed filing data is available for this year.$7.15$2.90$4.25$0.93$0.94$0.01
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.68$2.41$4.27$1.21$1.14$0.07
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.36$2.17$4.19$0.75$0.77$0.02
2017Summary only. Only limited summary data is available for this year.$6.15$1.92$4.23$0.97$1.20$0.24
2016Summary only. Only limited summary data is available for this year.$6.58$2.02$4.56$1.04$0.97$0.08
2015Summary only. Only limited summary data is available for this year.$6.66$2.18$4.48$1.82$1.08$0.74
2014Summary only. Only limited summary data is available for this year.$5.85$2.09$3.76$0.89$0.87$0.01
2013Summary only. Only limited summary data is available for this year.$5.84$2.09$3.75$1.57$1.14$0.44
2012Summary only. Only limited summary data is available for this year.$5.73$2.42$3.30$2.77$1.15$1.62
Peer Organizations

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