Civic Intelligence

Fresno Community Development Financial Institution

EIN 26-1177785 • 501(c)3 • Fresno, CA

Profile

Assist in securing capital to provide lending in projects in economically distressed communities.

Refreshing map…

2607 Fresno StreetFresno, CA 93721

www.fresnocdfi.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

77th percentile

0.56x

Higher debt load relative to assets than 77% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

91st percentile

3.02x

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

501(c)3 • $25M-$50M nonprofits • Source year 2024

Net Margin

52nd percentile

5.1%

Higher net margin than 52% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

28th percentile

$179,800

Higher top officer pay than 28% of similar nonprofits.

Top officer pay equals 3.1% of source-year revenue.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Asset Growth

77th percentile

15%

Faster asset growth than 77% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

70th percentile

19%

Faster revenue growth than 70% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Assets

Up

$31,878,188

Up $4,097,450 (+15%) from 2023

Liabilities

Up

$17,705,247

Up $3,462,111 (+24%) from 2023

Net Assets

Up

$14,172,941

Up $635,339 (+4.7%) from 2023

Revenue

Up

$5,853,947

Up $930,762 (+19%) from 2023

Expenses

Down

$5,556,902

Down $63,075 (-1.1%) from 2023

Net Income

Up

$297,045

Up $993,837 (+143%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$40M$30M$20M$10M$0Assets 2011: $3,432,718Liabilities 2011: $2,101,473Net Assets 2011: $1,331,2452011Assets 2012: $4,599,983Liabilities 2012: $2,621,999Net Assets 2012: $1,977,9842012Assets 2013: $5,714,054Liabilities 2013: $3,476,350Net Assets 2013: $2,237,7042013Assets 2014: $9,211,921Liabilities 2014: $6,387,491Net Assets 2014: $2,824,4302014Assets 2015: $11,964,178Liabilities 2015: $8,540,595Net Assets 2015: $3,423,5832015Assets 2016: $13,688,639Liabilities 2016: $10,091,054Net Assets 2016: $3,597,5852016Assets 2017: $14,855,818Liabilities 2017: $11,036,644Net Assets 2017: $3,819,1742017Assets 2018: $14,404,166Liabilities 2018: $10,535,674Net Assets 2018: $3,868,4922018Assets 2019: $20,211,926Liabilities 2019: $12,233,022Net Assets 2019: $7,978,9042019Assets 2020: $20,530,095Liabilities 2020: $10,909,240Net Assets 2020: $9,620,8552020Assets 2021: $30,883,005Liabilities 2021: $15,855,022Net Assets 2021: $15,027,9832021Assets 2022: $30,893,281Liabilities 2022: $16,658,887Net Assets 2022: $14,234,3942022Assets 2023: $27,780,738Liabilities 2023: $14,243,136Net Assets 2023: $13,537,6022023Assets 2024: $31,878,188Liabilities 2024: $17,705,247Net Assets 2024: $14,172,9412024

Highlighted filing

2024

Assets$31,878,188
Liabilities$17,705,247
Net Assets$14,172,941

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$10M$5.0M$0-$5.0MExpenses 2011: $456,1412011Expenses 2012: $231,2632012Revenue 2013: $539,292Expenses 2013: $279,572Net Income 2013: $259,7202013Revenue 2014: $1,441,937Expenses 2014: $855,211Net Income 2014: $586,7262014Revenue 2015: $1,464,520Expenses 2015: $865,367Net Income 2015: $599,1532015Revenue 2016: $1,384,131Expenses 2016: $1,210,129Net Income 2016: $174,0022016Revenue 2017: $1,708,079Expenses 2017: $1,486,490Net Income 2017: $221,5892017Revenue 2018: $1,908,234Expenses 2018: $1,858,916Net Income 2018: $49,3182018Revenue 2019: $6,325,595Expenses 2019: $2,215,183Net Income 2019: $4,110,4122019Revenue 2020: $3,907,581Expenses 2020: $2,265,630Net Income 2020: $1,641,9512020Revenue 2021: $9,893,346Expenses 2021: $2,894,699Net Income 2021: $6,998,6472021Revenue 2022: $3,653,075Expenses 2022: $4,446,664Net Income 2022: -$793,5892022Revenue 2023: $4,923,185Expenses 2023: $5,619,977Net Income 2023: -$696,7922023Revenue 2024: $5,853,947Expenses 2024: $5,556,902Net Income 2024: $297,0452024

Highlighted filing

2024

Revenue$5,853,947
Expenses$5,556,902
Net Income$297,045

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$31.9$17.7$14.2$5.85$5.56$0.30
2023Detailed filing. Detailed filing data is available for this year.$27.8$14.2$13.5$4.92$5.62$0.70
2022Detailed filing. Detailed filing data is available for this year.$30.9$16.7$14.2$3.65$4.45$0.79
2021Detailed filing. Detailed filing data is available for this year.$30.9$15.9$15.0$9.89$2.89$7.00
2020Detailed filing. Detailed filing data is available for this year.$20.5$10.9$9.62$3.91$2.27$1.64
2019Detailed filing. Detailed filing data is available for this year.$20.2$12.2$7.98$6.33$2.22$4.11
2018Detailed filing. Detailed filing data is available for this year.$14.4$10.5$3.87$1.91$1.86$0.05
2017Detailed filing. Detailed filing data is available for this year.$14.9$11.0$3.82$1.71$1.49$0.22
2016Detailed filing. Detailed filing data is available for this year.$13.7$10.1$3.60$1.38$1.21$0.17
2015Detailed filing. Detailed filing data is available for this year.$12.0$8.54$3.42$1.46$0.87$0.60
2014Detailed filing. Detailed filing data is available for this year.$9.21$6.39$2.82$1.44$0.86$0.59
2013Detailed filing. Detailed filing data is available for this year.$5.71$3.48$2.24$0.54$0.28$0.26
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.60$2.62$1.98$0.23
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.43$2.10$1.33$0.46
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 15, 2025
Return Version
2024v5.1
Gross Receipts
$5,853,947
Mission and Program Overview

Mission

As a mission driven small business loan fund, our purpose is to grow businesses and jobs in underserved communities.

Access plus capital is nonprofit small business lender and service provider with the mission to eliminate economic barriers to financial success through fair and equitable community investment.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$18,971,995$18,458,761▼ $513,234
Savings and Temporary Cash Investments$3,218,492$5,543,751▲ $2,325,259
Cash and Non-Interest-Bearing Accounts$617,458$4,701,809▲ $4,084,351
Land, Buildings, and Equipment, Net$1,712,226$1,683,928▼ $28,298
Accounts Receivable$1,202,817$500,690▼ $702,127
Pledges and Grants Receivable$1,800,000$218,118▼ $1,581,882
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$27,780,738$31,878,188▲ $4,097,450
Other Assets Total$257,750$771,131▲ $513,381
Liabilities
Unsecured Notes Loans Payable$9,896,217$13,436,857▲ $3,540,640
Mortgage Notes Payable Secured by Investment Property$3,835,096$3,687,603▼ $147,493
Deferred Revenue$265,639$265,639→ $0
Accounts Payable and Accrued Expenses$211,089$221,489▲ $10,400
Other Liabilities$35,095$93,659▲ $58,564
Total Liabilities$14,243,136$17,705,247▲ $3,462,111
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$12,237,602$11,506,651▼ $730,951
Net Assets With Donor Restrictions$1,300,000$2,666,290▲ $1,366,290
Total Net Assets Fund Balance$13,537,602$14,172,941▲ $635,339
Total Liabilities and Net Assets / Fund Balance$27,780,738$31,878,188▲ $4,097,450

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,158,331$33,094$1,191,425
Land$228,575-$228,575
Leasehold Improvements$180,524$5,158$185,682
Other Land Buildings$116,498$22,324$138,822
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Tate HillPresident & CEOFT$170,000$9,800$179,800
Pamela MostertCOOFT$129,542$6,382$135,924
Carmen SotoVP of Admin.FT$119,092$7,764$126,856
SeeYeng HerVP LendingFT$116,155$6,969$123,124

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$4,019,635
Program Service Revenue
$1,786,275
Investment Income
$0
Other Revenue
$48,037
All Other Contributions
$4,019,635
Change in Net Assets
$297,045

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,853,947
Total Revenue per Audited Statements
$5,853,947
Total Revenue per Form 990
$5,853,947
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,093,652
Salaries, Compensation, and Employee Benefits$2,463,250
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,205,487$183,323-$1,388,810
Current Officers, Directors, Trustees, and Key Employees$491,031$74,673-$565,704
Payroll Taxes$365,861$55,638-$421,499
Interest$365,216--$365,216
Office Expenses$143,286$29,164-$172,450
Advertising$161,512--$161,512
Travel$129,839$20,517-$150,356
Other Expenses$90,250$23,999-$90,250
Occupancy$64,393$23,879-$88,272
Pension Plan Contributions$72,761$11,065-$83,826
Depreciation Depletion-$54,991-$54,991
Insurance$27,564--$27,564
Other Employee Benefits$2,961$450-$3,411
Total Functional Expenses$5,018,160$538,742$0$5,556,902

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$5,556,902
Total Expenses per Audited Statements$5,556,902
Total Expenses per Form 990$5,556,902
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
Insider Transactions and Loans

Loans and Receivables

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

Other Reported Liabilities

LiabilityAmount
Vacation Liability$93,659
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
No
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
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

Form 990 is reviewed and approved by the chief executive officer, financial officer and commissioners.

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

Board members will excuse him/herself, or will be asked to excuse him/herself from actions involving conflicts of interest. Annual training is provided on this matter. Training is also provided to staff to assist in identifying conflict of interest situations. Enforcement and training are linked to areas of exposure by program and are handled on a case by case basis.

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

Wage comparability surveys are completed by the related entity at the national and state level. Also, wage studies of like-agencies within the central valley region are performed. Compensation for the chief executive officer of the related entity is approved by the board of directors of the related entity.

Form 990, Part VI, Section C, Line 18

Documents are available upon request.

Form 990, Part VI, Section C, Line 19

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Fresno Community Development Financial
EIN
26-1177785
Phone
5595524200
Address
2607 Fresno Street, Fresno, CA 93721

Signing Officer

Name
Tate Hill
Title
President & CEO
Signed
2025-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tate Hill
Formed
2008
Legal Domicile
CA
Voting Board Members
11
Independent Board Members
11
Employees
30

Preparer

Firm
Henderson CPAs
Address
7086 N Maple Ave Ste 104, Fresno, CA 93720
Preparer
Brian Henderson
Phone
5594127576
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

The Organization is a tax-exempt organization under Section 501(c)(3) of the Internal Revenue Code and Section 23701(d) of the State of California Corporate Code. The Organization is subject to taxation on any unrelated business income. Accounting principles generally accepted in the United States of America require the Organization's management to evaluate tax positions taken by the Organization and recognize a tax liability (or asset) if the Organization has taken an uncertain position that more likely than not would be sustained upon examination by the Internal Revenue Service. There were no uncertain positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements in the current year.

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IRS990/Form990PartVIISectionAGrp/PersonNm12Itzi Robles
IRS990/Form990PartVIISectionAGrp/PersonNm13Tom Vanderheiden
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