Liabilities / Assets
37th percentile
Higher debt load relative to assets than 37% of similar nonprofits.
990 • Fiscal year 2020 • EIN 27-1821066
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
37th percentile
Higher debt load relative to assets than 37% of similar nonprofits.
Liabilities / Revenue
34th percentile
Higher debt load relative to revenue than 34% of similar nonprofits.
Net Margin
85th percentile
Higher net margin than 85% of similar nonprofits.
Top Officer Pay
76th percentile
Higher top officer pay than 76% of similar nonprofits.
Top officer pay equals 3.3% of source-year revenue.
Asset Growth
88th percentile
Faster asset growth than 88% of similar nonprofits.
Revenue Growth
89th percentile
Faster revenue growth than 89% of similar nonprofits.
Assets
Up$3,404,388
Up $1,542,713 (+83%) from 2019
Net Assets
Up$3,132,250
Up $1,296,068 (+71%) from 2019
Liabilities
Up$272,138
Up $246,645 (+968%) from 2019
Revenue
Up$3,996,728
Up $1,731,863 (+76%) from 2019
Expenses
Up$2,700,894
Up $1,470,041 (+119%) from 2019
Net Income
Up$1,295,834
Up $261,822 (+25%) from 2019
The organization helps low income individuals build thriving businesses in new york city's most underserved communities in order to accumulate assets, increase their personal financial security and contribute to the economy.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | $1,127,830 | $2,242,808 | ▲ $1,114,978 |
| Pledges and Grants Receivable | $710,148 | $1,143,936 | ▲ $433,788 |
| Land, Buildings, and Equipment, Net | $6,247 | $13,983 | ▲ $7,736 |
| Investments in Publicly Traded Securities | - | $2,342 | - |
| Prepaid Expenses and Deferred Charges | $5,225 | $1,319 | ▼ $3,906 |
| Total Assets | $1,861,675 | $3,404,388 | ▲ $1,542,713 |
| Other Assets Total | $12,225 | - | - |
| Liabilities | |||
| Unsecured Notes Loans Payable | - | $185,630 | - |
| Accounts Payable and Accrued Expenses | $25,493 | $86,508 | ▲ $61,015 |
| Total Liabilities | $25,493 | $272,138 | ▲ $246,645 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $650,682 | $2,182,250 | ▲ $1,531,568 |
| Net Assets With Donor Restrictions | $1,185,500 | $950,000 | ▼ $235,500 |
| Total Net Assets Fund Balance | $1,836,182 | $3,132,250 | ▲ $1,296,068 |
| Total Liabilities and Net Assets / Fund Balance | $1,861,675 | $3,404,388 | ▲ $1,542,713 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $13,983 | $7,928 | $21,911 |
| Other Land Buildings | $0 | $5,500 | $5,500 |
| Land | $0 | - | - |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Jennifer DaSilva | Executive Director | FT | $117,034 | $14,125 | $131,159 |
| Name | Title |
|---|---|
| Heather Doherty Guardado | Chair |
| Abigail Carlton | Director |
| Alison McKinnel King | Director |
| Carolyn Cohen | Director |
| Christina Chiu | Director |
| Francesca O'Dell | Director |
| Jonny Price | Director |
| Joseph Kaufman | Director |
| Kenny Nova | Director |
| Kevin Boon | Director |
| Kristen Scheyder | Director |
| Laura Kozien | Director |
| Merry Sui Yuan | Director |
| Michael Amsalem | Director |
| Navneet Kaur | Director |
| Shawn Kodes | Director |
| Steven Slutzky | Director |
| Valerie Malter | Director |
| Mark Kesslen | Secretary |
| Erik Knutzen | Treasurer |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $1,591,305 |
| Other Expenses | $557,444 |
| Grants and Similar Amounts Paid | $507,145 |
| Total Fundraising Expense | $100,481 |
| Professional Fundraising Fees | $45,000 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $1,198,189 | $28,293 | $19,733 | $1,246,215 |
| Grants to Domestic Orgs | $507,145 | - | - | $507,145 |
| Fees for Services Other | $328,315 | $39,634 | $0 | $367,949 |
| Current Officers, Directors, Trustees, and Key Employees | $93,750 | $6,250 | $25,000 | $125,000 |
| Payroll Taxes | $105,028 | $3,029 | $3,851 | $111,908 |
| Other Employee Benefits | $100,468 | $2,808 | $4,906 | $108,182 |
| Occupancy | $44,870 | $7,920 | $0 | $52,790 |
| Fees for Services Professional Fundraising | - | - | $45,000 | $45,000 |
| Information Technology | $32,150 | $53 | $1,038 | $33,241 |
| Insurance | $21,562 | $3,658 | $0 | $25,220 |
| Office Expenses | $18,759 | $501 | $649 | $19,909 |
| Fees for Services Accounting | $0 | $19,364 | $0 | $19,364 |
| Advertising | $14,445 | $200 | $0 | $14,645 |
| Other Expenses | $0 | $5,000 | $0 | $5,000 |
| Depreciation Depletion | $2,950 | $79 | $102 | $3,131 |
| Travel | $572 | $15 | $20 | $607 |
| Total Functional Expenses | $2,482,168 | $118,245 | $100,481 | $2,700,894 |
| Line Item | Amount |
|---|---|
| Total Expenses per Audited Statements | $24,032,408 |
| Expenses Not Reported on Form 990 | $21,331,514 |
| Expenses per Audited Statements | $2,700,894 |
| Total Expenses per Form 990 | $2,700,894 |
| Recipient | Location | Category | Purpose | Amount |
|---|---|---|---|---|
| Women's World of Boxing | New York, NY | - | Emergency Relief Fund | $24,000 |
| Pabade Bakery | Jackson Heights, NY | - | Emergency Relief Fund | $19,750 |
| Harlem Haberdashery LLC | Englewood, NJ | - | Emergency Relief Fund | $15,600 |
| Claudy's Gourmet LLC | Bronx, NY | - | Emergency Relief Fund | $14,100 |
| Brooklyn Blooms | Brooklyn, NY | - | Emergency Relief Fund | $10,000 |
| De LXor Cakery Corporation | Bronx, NY | - | Emergency Relief Fund | $10,000 |
| DiLena's Dolcini | Ridgefield Park, NJ | - | Emergency Relief Fund | $10,000 |
| Gwell LLC | New York, NY | - | Emergency Relief Fund | $10,000 |
| Upgrade My Pit Bikes LLC | Irvine, CA | - | Emergency Relief Fund | $10,000 |
| Wild & Grace | Brooklyn, NY | - | Emergency Relief Fund | $9,000 |
| The Nail Belle LLC | Brooklyn, NY | - | Emergency Relief Fund | $7,500 |
| Local Color NYC | Woodside, NY | - | Emergency Relief Fund | $7,450 |
| IndigoStyle Vintage | Brooklyn, NY | - | Emergency Relief Fund | $6,600 |
| Ebaata Skincare | Brooklyn, NY | - | Emergency Relief Fund | $5,145 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $45,000 |
“Form 990 is reviewed by the finance committee from within the board and by the board as a whole.”
“The Organization has a Board-approved conflict of interest policy. On an annual basis, each Board Member and senior staff (Executive Director) must fill out a survey outlining any conflicts or lack there of. If conflicts are identified, the Board Member must outline the nature of the confict and share this with the Board.”
“Compensation of the executive director is approved by the board of directors.”
“The governing documents, conflict of interest policy and financial statements are avaiable upon request.”
“In 2020, the Organization added the Emergency Relief Fund (Pt III, Line 4b) and the Rapid Response Program (Pt III, Line 4c) in 2020.”
“IT consultant support 176416. 176416. 0. 0.”
“Marketing and communications 69556. 69556. 0. 0.”
“Other consultants 121977. 82343. 39634. 0.”
“The Organization has evaluated its current tax positions and has concluded that as of December 31, 2020, the Organization does not have any significant uncertain tax positions for which a reserve would be necessary.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | false |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 25493 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 86508 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | The Organization helps low income individuals build thriving businesses in New York City's most underserved communities in order to accumulate assets, increase their personal financial security and contribute to the economy. |
| IRS990/AddressChangeInd | 0 | X |
| IRS990/AdvertisingGrp/FundraisingAmt | 0 | 0 |
| IRS990/AdvertisingGrp/ManagementAndGeneralAmt | 0 | 200 |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 14445 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 14645 |
| IRS990/AllOtherContributionsAmt | 0 | 3993733 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/AuditCommitteeInd | 0 | true |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | THE ORGANIZATION |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 6467234053 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 511 AVENUE OF THE AMERICAS 4151 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | NEW YORK |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NY |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 10011 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | false |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 1127830 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 2242808 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt | 0 | 25000 |
| IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt | 0 | 6250 |
| IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt | 0 | 93750 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 125000 |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | true |
| IRS990/CompensationProcessOtherInd | 0 | false |
| IRS990/ConflictOfInterestPolicyInd | 0 | true |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 3993733 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 507145 |
| IRS990/CYInvestmentIncomeAmt | 0 | 0 |
| IRS990/CYOtherExpensesAmt | 0 | 557444 |
| IRS990/CYOtherRevenueAmt | 0 | 2995 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 1295834 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 1591305 |
| IRS990/CYTotalExpensesAmt | 0 | 2700894 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 100481 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 45000 |
| IRS990/CYTotalRevenueAmt | 0 | 3996728 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/FundraisingAmt | 0 | 102 |
| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 79 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 2950 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 3131 |
| IRS990/Desc | 0 | To help low income individuals build thriving businesses in the underserved communities of NYC and provide access to professional and financial expertise through the small business legal and financial services programs. |
| IRS990/DescribedInSection501c3Ind | 0 | true |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | true |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/DonorRestrictionNetAssetsGrp/BOYAmt | 0 | 1185500 |
| IRS990/DonorRestrictionNetAssetsGrp/EOYAmt | 0 | 950000 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 25 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | true |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/ExpenseAmt | 0 | 1588453 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesAccountingGrp/FundraisingAmt | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 19364 |
| IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 19364 |
| IRS990/FeesForServicesOtherGrp/FundraisingAmt | 0 | 0 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 39634 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 328315 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 367949 |
| IRS990/FeesForServicesProfFundraising/FundraisingAmt | 0 | 45000 |
| IRS990/FeesForServicesProfFundraising/TotalAmt | 0 | 45000 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form8282PropertyDisposedOfInd | 0 | false |
| 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 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 18 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 19 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 20 | 40.00 |
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| 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/IndividualTrusteeOrDirectorInd | 17 | X |
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| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 19 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 20 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
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| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | 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 |
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| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | Heather Doherty Guardado |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | Erik Knutzen |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | Mark Kesslen |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | Abigail Carlton |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | Christina Chiu |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | Joseph Kaufman |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | Navneet Kaur |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | Alison McKinnel King |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | Shawn Kodes |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | Laura Kozien |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | Valerie Malter |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 11 | Kenny Nova |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 12 | Steven Slutzky |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 13 | Merry Sui Yuan |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 14 | Michael Amsalem |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 15 | Carolyn Cohen |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 16 | Francesca O'Dell |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 17 | Jonny Price |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 18 | Kristen Scheyder |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 19 | Kevin Boon |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 20 | Jennifer DaSilva |
| 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 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 18 | 0 |
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| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 20 | 117034 |
| 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/TitleTxt | 0 | Chair |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | Treasurer |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | Secretary |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 14 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 15 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 16 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 17 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 18 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 19 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 20 | Executive Director |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/FormationYr | 0 | 2010 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | true |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 21 |
| IRS990/GrantAmt | 0 | 0 |
| IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt | 0 | 507145 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 507145 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | true |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 3996728 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | true |
| IRS990/IndependentAuditFinclStmtInd | 0 | true |
| IRS990/IndependentVotingMemberCnt | 0 | 20 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 1 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InformationTechnologyGrp/FundraisingAmt | 0 | 1038 |
| IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt | 0 | 53 |
| IRS990/InformationTechnologyGrp/ProgramServicesAmt | 0 | 32150 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 33241 |
| IRS990/InsuranceGrp/FundraisingAmt | 0 | 0 |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 3658 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 21562 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 25220 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 2342 |
| IRS990/IRPDocumentCnt | 0 | 93 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 13428 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 6247 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 13983 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 27411 |
| IRS990/LegalDomicileStateCd | 0 | NY |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LobbyingActivitiesInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | false |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | The Organization helps low income individuals build thriving businesses in New York City's most underserved communities in order to accumulate assets, increase their personal financial security and contribute to the economy. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 1836182 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 3132250 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NetUnrlzdGainsLossesInvstAmt | 0 | 234 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 650682 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 2182250 |
| IRS990/NoncashContributionsAmt | 0 | 2108 |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OccupancyGrp/FundraisingAmt | 0 | 0 |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 7920 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 44870 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 52790 |
| IRS990/OfficeExpensesGrp/FundraisingAmt | 0 | 649 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 501 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 18759 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 19909 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 12225 |
| IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt | 0 | 4906 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 2808 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 100468 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 108182 |
| IRS990/OtherExpensesGrp/Desc | 0 | Events and conferences |
| IRS990/OtherExpensesGrp/Desc | 1 | Telephone |
| IRS990/OtherExpensesGrp/Desc | 2 | Miscellaneous |
| IRS990/OtherExpensesGrp/Desc | 3 | Bad debt expense |
| IRS990/OtherExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/FundraisingAmt | 1 | 182 |
| IRS990/OtherExpensesGrp/FundraisingAmt | 2 | 0 |
| IRS990/OtherExpensesGrp/FundraisingAmt | 3 | 0 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 141 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 2 | 1300 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 3 | 5000 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 6330 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 5260 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 2375 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 0 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 6330 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 5583 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 3675 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 5000 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 0 | 900099 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | Miscellaneous Income |
| IRS990/OtherRevenueMiscGrp/ExclusionAmt | 0 | 0 |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 0 | 2995 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 2995 |
| IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/OtherRevenueTotalAmt | 0 | 2995 |
| IRS990/OtherSalariesAndWagesGrp/FundraisingAmt | 0 | 19733 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 28293 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 1198189 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 1246215 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | false |
| IRS990/PayrollTaxesGrp/FundraisingAmt | 0 | 3851 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 3029 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 105028 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 111908 |
| IRS990/PledgesAndGrantsReceivableGrp/BOYAmt | 0 | 710148 |
| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | 1143936 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 5225 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 1319 |
| IRS990/PrincipalOfficerNm | 0 | JENNIFER DASILVA |
| IRS990/ProfessionalFundraisingInd | 0 | true |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | The emergency relief fund provides immediate cash relief to active clients (all of whom have undergone the Organization's stringent eligibility confirmation process) to meet a variety of business and/or personal needs, including for basic necessities and living expenses. The Organization targets businesses owned by people of color and/or women who do not qualify or are otherwise unable to access other city, state, federal relif funds currently being made available. The average grant made in 2020 was $6,037 and a total of $507,145 was awarded. |
| IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt | 0 | 507145 |
| IRS990/ProgSrvcAccomActy2Grp/GrantAmt | 0 | 507145 |
| IRS990/ProgSrvcAccomActy2Grp/RevenueAmt | 0 | 0 |
| IRS990/ProgSrvcAccomActy3Grp/Desc | 0 | In response to the pressing challenges that COVID created for its clients, the Organization launched a Rapid Response Program to meet the increased need for Start Small help. This highly coordinated effort was specifically designed to help small businesses owned by people of color, women, and immigrants survive and recover from the economic impacts of COVID. With employees supporting this work, the program reached over 900 small businesses in 2020 across the country. The Organization continues to leverage this program both as a framework to provide urgently needed COVID-related support to small businesses across the country, but also as a platform to expand into new geographies where it does not currently have an on- the-ground/in-person presence. |
| IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt | 0 | 386570 |
| IRS990/ProgSrvcAccomActy3Grp/GrantAmt | 0 | 0 |
| IRS990/ProgSrvcAccomActy3Grp/RevenueAmt | 0 | 0 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYContributionsGrantsAmt | 0 | 2244771 |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYOtherExpensesAmt | 0 | 251068 |
| IRS990/PYOtherRevenueAmt | 0 | 20094 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 1034012 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 979785 |
| IRS990/PYTotalExpensesAmt | 0 | 1230853 |
| IRS990/PYTotalRevenueAmt | 0 | 2264865 |
| IRS990/QuidProQuoContributionsInd | 0 | false |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | false |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 1295834 |
| IRS990/RegularMonitoringEnfrcInd | 0 | true |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | false |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RevenueAmt | 0 | 0 |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt | 0 | 2987207 |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt | 0 | 1942945 |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt | 0 | 993643 |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt | 0 | 5923795 |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 0 | Other Income Part III, Line 12 Description: FELLOWSHIP INCOME 2018: 66000. 2019: 20000. |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc | 0 | Pt III Ln 12 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 3993733 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 2339623 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 1501652 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 902717 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 5922888 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 14660613 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt | 0 | 194922 |
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Displayed year
2020 • Form 990Detailed filing. Detailed filing data is available for this year.