Civic Intelligence

Accion Opportunity Fund Community Development

990 • Fiscal year 2015 • EIN 31-1719434

Jul 01, 2014 to Jun 30, 2015 • Filed on Feb 11, 2016

Organization ProfileWWW.OPPORTUNITYFUND.ORG

View Organization Page

111 West St John Street No 800San Jose, CA 95113

(408) 297-0204

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.58x

Higher debt load relative to assets than 73% of similar nonprofits.

2015 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2015

Liabilities / Revenue

81st percentile

1.79x

Higher debt load relative to revenue than 81% of similar nonprofits.

2015 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2015

Net Margin

86th percentile

34%

Higher net margin than 86% of similar nonprofits.

2015 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2015

Top Officer Pay

29th percentile

$234,324

Higher top officer pay than 29% of similar nonprofits.

Top officer pay equals 1.4% of source-year revenue.

2015 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2015

Asset Growth

93rd percentile

31%

Faster asset growth than 93% of similar nonprofits.

2015 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2014 to 2015

Revenue Growth

88th percentile

33%

Faster revenue growth than 88% of similar nonprofits.

2015 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets73rd percentile

Assets

Up

$50,694,651

Up $20,496,525 (+68%) from 2013

Net Assets

Up

$21,396,410

Up $8,414,304 (+65%) from 2013

Liabilities

Up

$29,298,241

Up $12,082,221 (+70%) from 2013

Revenue And Expenses
Liabilities / Revenue81st percentileNet Margin86th percentile

Revenue

$16,366,009

No earlier filing loaded for comparison.

Expenses

Up

$10,848,242

Up $3,775,156 (+53%) from 2013

Net Income

$5,517,767

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth93rd percentile

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

$300M$200M$100M$0Assets 2012: $45,173,655Liabilities 2012: $33,485,514Net Assets 2012: $11,688,1412012Assets 2013: $30,198,126Liabilities 2013: $17,216,020Net Assets 2013: $12,982,1062013Assets 2015: $50,694,651Liabilities 2015: $29,298,241Net Assets 2015: $21,396,4102015Assets 2016: $75,398,341Liabilities 2016: $49,782,874Net Assets 2016: $25,615,4672016Assets 2018: $101,313,439Liabilities 2018: $74,899,735Net Assets 2018: $26,413,7042018Assets 2019: $120,500,262Liabilities 2019: $94,177,559Net Assets 2019: $26,322,7032019Assets 2020: $131,694,141Liabilities 2020: $95,595,231Net Assets 2020: $36,098,9102020Assets 2021: $200,481,759Liabilities 2021: $148,650,364Net Assets 2021: $51,831,3952021Assets 2022: $197,674,592Liabilities 2022: $123,913,523Net Assets 2022: $73,761,0692022

Highlighted filing

2015

Assets$50,694,651
Liabilities$29,298,241
Net Assets$21,396,410
Open 2015 Filing

Operations Trend

Revenue Growth88th percentile

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

$60M$40M$20M$0-$20MExpenses 2012: $6,871,0672012Expenses 2013: $7,073,0862013Revenue 2015: $16,366,009Expenses 2015: $10,848,242Net Income 2015: $5,517,7672015Revenue 2016: $18,291,420Expenses 2016: $14,084,236Net Income 2016: $4,207,1842016Revenue 2018: $23,892,492Expenses 2018: $25,900,577Net Income 2018: -$2,008,0852018Revenue 2019: $30,948,868Expenses 2019: $31,063,419Net Income 2019: -$114,5512019Revenue 2020: $45,705,804Expenses 2020: $35,943,453Net Income 2020: $9,762,3512020Revenue 2021: $53,600,614Expenses 2021: $37,865,674Net Income 2021: $15,734,9402021Revenue 2022: $58,948,332Expenses 2022: $36,949,147Net Income 2022: $21,999,1852022

Highlighted filing

2015

Revenue$16,366,009
Expenses$10,848,242
Net Income$5,517,767
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Feb 11, 2016
Return Version
2014v6.0
Gross Receipts
$16,565,303
Mission and Program Overview

Mission

Opportunity fund mission is to drive economic mobility by delivering affordable capital and responsible financial solutions to determined entrepreneurs and communities.

To advance the economic well-being of working people.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$22,992,654$32,273,245▲ $9,280,591
Savings and Temporary Cash Investments$2,780,163$5,635,126▲ $2,854,963
Pledges and Grants Receivable$1,171,791$1,874,066▲ $702,275
Investments in Publicly Traded Securities$1,154,780$1,148,157▼ $6,623
Land, Buildings, and Equipment, Net$507,438$656,002▲ $148,564
Accounts Receivable$114,831$258,926▲ $144,095
Prepaid Expenses and Deferred Charges$157,356$168,843▲ $11,487
Investments Other Securities$15,077$15,125▲ $48
Total Assets$38,718,373$50,694,651▲ $11,976,278
Other Assets Total$9,824,283$8,665,161▼ $1,159,122
Liabilities
Mortgage Notes Payable Secured by Investment Property$19,327,717$25,575,093▲ $6,247,376
Other Liabilities$2,561,265$2,218,512▼ $342,753
Accounts Payable and Accrued Expenses$847,885$1,474,636▲ $626,751
Deferred Revenue$96,000$30,000▼ $66,000
Total Liabilities$22,832,867$29,298,241▲ $6,465,374
Net Assets / Fund Balance
Unrestricted Net Assets$12,152,591$19,410,496▲ $7,257,905
Temporarily Rstr Net Assets$3,732,915$1,985,914▼ $1,747,001
Total Net Assets Fund Balance$15,885,506$21,396,410▲ $5,510,904
Total Liabilities and Net Assets / Fund Balance$38,718,373$50,694,651▲ $11,976,278

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$480,886$179,399$660,285
Equipment$168,124$71,547$239,671
Leasehold Improvements$6,992$130,325$137,317
Other Assets Org$8,665,161--
Compensation and Service Providers
Top Officer Pay29th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Eric WeaverFounder & CEOFT$198,352$35,972$234,324
Marco LucioniExecutive VP Small Business ProgramFT$192,139$29,192$221,331
Jeffs WellsVice-president, Nmtc Fund DirectorFT$164,701$24,722$189,423
Gustavo LasalaCFO (fr. 7/1/2014 to 4/17/2015)FT$159,575$25,473$185,048
Zuri RuizPresident & COOFT$171,989$11,292$183,281
Elizabeth GivensChief Development Officer (from 7/1/2014 to 4/6/20FT$151,386$27,790$179,176
Elizabeth GivensChief Development Officer (from 7/1/-$151,386$27,790$179,176
Nicole LetellierControllerFT$107,341$14,200$121,541
Otxin EchaideDirector Small Business DevelopmentFT$109,393$7,672$117,065
Janine GardnerHr DirectorPT$104,382$9,744$114,126
Devin McalpineDirector Microbusiness LendingFT$111,186$2,252$113,438

Board Members and Trustees

NameTitle
Susan HarperChair
Amy GurleyDirector
Arthur JohnsonDirector
Gina DiazDirector
Greg AvisDirector
Jeff DonnellyDirector
Peter HeroDirector
Sara LeslieDirector
Shawn McgowenDirector
Shelley HarrisonDirector
Steven KaufholdDirector
Yolanda RuizDirector
Jim KoshlandSecretary

Highest Paid Contractors

ContractorServicesLocationCompensation
McgladreyCustomized Crm Software331 WEST 3RD STREET SUITE 200, Davenport, LA 52801$142,237
Revenue and Support

Revenue Composition

Contributions and Grants
$9,551,875
Program Service Revenue
$6,943,273
Investment Income
$37,514
Other Revenue
$-166,653
All Other Contributions
$6,832,594
Change in Net Assets
$5,517,767

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded5$20,562Market Value
Other Non Cash Contri Table1$12,978Fair Market Value (FMV)
Total Noncash Contributions6$33,540-

Audited Revenue Reconciliation

Revenue per Audited Statements
$16,371,285
Revenue Not Reported on Financial Statements
$-5,276
Revenue Not Reported on Form 990
$304,646
Other Revenue Adjustments
$-5,276
Total Revenue per Audited Statements
$16,675,931
Total Revenue per Form 990
$16,366,009
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$6,586,634
Other Expenses$4,257,808
Total Fundraising Expense$1,055,424
Grants and Similar Amounts Paid$3,800
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,158,030$493,523$518,798$4,170,351
Current Officers, Directors, Trustees, and Key Employees$812,726$212,248$213,819$1,238,793
Other Employee Benefits$467,563$83,017$72,900$623,480
Interest$494,284$2,540-$496,824
Payroll Taxes$284,908$50,559$51,521$386,988
Office Expenses$233,254$65,115$32,459$330,828
Occupancy$252,841$33,026$33,385$319,252
Travel$182,385$31,012$23,125$236,522
Fees for Services Other$158,546$19,417$33,592$211,555
Pension Plan Contributions$125,979$21,179$19,864$167,022
Advertising$163,471-$1,065$164,536
Depreciation Depletion$122,835$16,349$16,533$155,717
Conferences and Meetings$68,422$19,298$21,946$109,666
Other Expenses$46,128$8,574$5,830$60,532
Fees for Services Accounting$5,500$45,575-$51,075
Insurance$37,785$5,029$5,086$47,900
All Other Expenses$35,538$4,270$5,501$45,309
Fees for Services Legal$25,238$14,886-$40,124
Grants to Domestic Orgs$3,800--$3,800
Total Functional Expenses$8,667,201$1,125,617$1,055,424$10,848,242

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$11,165,027
Expenses per Audited Statements$10,848,242
Total Expenses per Form 990$10,848,242
Expenses Not Reported on Form 990$316,785
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$194,018
Fundraising Gross Income$27,365
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
20th Anniversary Gala$192,750$20,150$10,757$9,393
Sf Taste Micro-finance$20,115$7,215$4,076$3,139
Total Events$212,865$27,365$194,018$-166,653
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Savings Program Match$2,034,012
Soborato Family Affordable Housing Fund$184,500
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
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 4

“The organization created a vice-chair position on the board of directors and amending the advisory board section, thereby requiring an amendment to its by-laws.”

Form 990, Part VI, Section B, Line 11

“Opportunity fund finance committee shall have the responsibility for reviewing the organization's form 990 (including all pertinent schedules) before it is filed with the internal revenue service. Once the finance committee has approved the draft form 990, it shall be sent to all members of the board of directors for their review, prior to filing with irs. Once the review period has been duly expired, the form 990 is filed with the irs. The finance committee has the responsibility to confirm filing to the board of directors.”

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

“The organization requires each director, principal officer and board member to sign a disclosure statement which affirms they received a copy, read and understand, and comply with the organization's conflict of interest policy.”

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

“The board of directors approve the ceo and presidents compensation and the ceo approves other officers or key employee's compensation using comparabillly and contemporaneous substantiation.”

Form 990, Part VI, Section C, Line 19

“All governing documents, conflict of interest policy, and the financial statements are available upon request in writing to the organization. The form 990 is also available at guidestar.org”

Filing and Contact Details

Filer

Filer Name
Opportunity Fund Northern California
EIN
31-1719434
Phone
4082970204
Address
111 WEST ST JOHN STREET NO 800, SAN JOSE, CA 95113

Signing Officer

Name
Ana Thompson
Title
CFO
Phone
4082970204
Signed
2016-02-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Eric Weaver
Formed
1993
Legal Domicile
CA
Voting Board Members
13
Independent Board Members
13
Employees
79
Volunteers
50

Preparer

Firm
Armanino Llp
Address
50 WEST SAN FERNANDO STREET STE 500, SAN JOSE, CA 95113
Preparer
Lawrence S Kuechler
Phone
4082006400
Supplemental Narrative

Additional Explanations

Form 990 Part XII Line 2B

“The consolidated financial statments include the accounts of a subsidiary, lcd new markets fund, llc (the "llc")of which opportunity fund is the managing member with a 99% interest. Considering the 1% interest is immaterial, the 990 report also includes the llc's accounts. All material intercompany balances and trasactions have been eliminated.”

Financial Statement Notes

PART X, LINE 2:

“The organization evaluates its uncertain tax positions and will recognize a loss contingency when it is probable that a liability has been incurred as of the date of the consolidated financial statements and the amount of the loss can be reasonably estimated. The amount recognized is subject to estimate and management judgement with respect to the likely outcome of each uncertain tax position. The amount that is ultimately sustained for an individual uncertain tax position or for all uncertain tax positions in the aggregate could differ from the amount recognized. As of june 30, 2015 and 2014, management did not identify any uncertain tax positions.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Fundraising event expense 194,018.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Disposition of fixed assets -5,276.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Disposition of fixed assets 5,276. Fundraising event expense 194,018.”

Raw XML AppendixShowing 400 of 1,123 raw XML fields

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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0847885
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt01474636
IRS990/AccountsReceivableGrp/BOYAmt0114831
IRS990/AccountsReceivableGrp/EOYAmt0258926
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO ADVANCE THE ECONOMIC WELL-BEING OF WORKING PEOPLE.
IRS990/AdvertisingGrp/FundraisingAmt01065
IRS990/AdvertisingGrp/ProgramServicesAmt0163471
IRS990/AdvertisingGrp/TotalAmt0164536
IRS990/AllOtherContributionsAmt06832594
IRS990/AllOtherExpensesGrp/FundraisingAmt05501
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt04270
IRS990/AllOtherExpensesGrp/ProgramServicesAmt035538
IRS990/AllOtherExpensesGrp/TotalAmt045309
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/PersonNm0NICOLE LETELLIER
IRS990/BooksInCareOfDetail/PhoneNum04088494386
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0111 WEST ST JOHN STREET STE 800
IRS990/BooksInCareOfDetail/USAddress/CityNm0SAN JOSE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd095113
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/ChangeToOrgDocumentsInd01
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt0213819
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0212248
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0812726
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt01238793
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/FundraisingAmt021946
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt019298
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt068422
IRS990/ConferencesMeetingsGrp/TotalAmt0109666
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/ContractorCompensationGrp/CompensationAmt0142237
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0331 WEST 3RD STREET SUITE 200
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0DAVENPORT
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0LA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd052801
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0MCGLADREY
IRS990/ContractorCompensationGrp/ServicesDesc0CUSTOMIZED CRM SOFTWARE
IRS990/ContriRptFundraisingEventAmt0185500
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt09551875
IRS990/CYGrantsAndSimilarPaidAmt03800
IRS990/CYInvestmentIncomeAmt037514
IRS990/CYOtherExpensesAmt04257808
IRS990/CYOtherRevenueAmt0-166653
IRS990/CYProgramServiceRevenueAmt06943273
IRS990/CYRevenuesLessExpensesAmt05517767
IRS990/CYSalariesCompEmpBnftPaidAmt06586634
IRS990/CYTotalExpensesAmt010848242
IRS990/CYTotalFundraisingExpenseAmt01055424
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt016366009
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd01
IRS990/DeferredRevenueGrp/BOYAmt096000
IRS990/DeferredRevenueGrp/EOYAmt030000
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/FundraisingAmt016533
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt016349
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0122835
IRS990/DepreciationDepletionGrp/TotalAmt0155717
IRS990/Desc0SMALL BUSINESS PROGRAM - OPPORTUNITY FUND RAISES FUNDS FROM PRIVATE AND PUBLIC SOURCES TO PROVIDE LOANS TO SMALL BUSINESS BORROWERS WHO LACK ACCESS TO CREDIT FROM TRADITIONAL FINANCIAL INSTITUTIONS AND AFFORDABLE FINANCING PRODUCTS. SINCE INCEPTION, OPPORTUNITY FUND HAS MADE 6,461 LOANS TOTALING $103.7 MILLION TO SMALL BUSINESSES THROUGHOUT CALIFORNIA OWNED PRIMARILY BY LOW AND MODERATE INCOME BORROWERS. AVERAGE LOAN SIZE IS $16,050.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt079
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt05743207
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt045575
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt05500
IRS990/FeesForServicesAccountingGrp/TotalAmt051075
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt014886
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt025238
IRS990/FeesForServicesLegalGrp/TotalAmt040124
IRS990/FeesForServicesOtherGrp/FundraisingAmt033592
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt019417
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0158546
IRS990/FeesForServicesOtherGrp/TotalAmt0211555
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1340.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1440.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1540.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1640.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1740.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1840.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1940.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt2040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt2130.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt2240.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd1X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd2X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1311292
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1435972
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1525473
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1624722
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1729192
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1827790
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt197672
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt202252
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt219744
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2214200
IRS990/Form990PartVIISectionAGrp/PersonNm0SUSAN HARPER
IRS990/Form990PartVIISectionAGrp/PersonNm1JIM KOSHLAND
IRS990/Form990PartVIISectionAGrp/PersonNm2YOLANDA RUIZ
IRS990/Form990PartVIISectionAGrp/PersonNm3STEVEN KAUFHOLD
IRS990/Form990PartVIISectionAGrp/PersonNm4AMY GURLEY
IRS990/Form990PartVIISectionAGrp/PersonNm5SHELLEY HARRISON
IRS990/Form990PartVIISectionAGrp/PersonNm6JEFF DONNELLY
IRS990/Form990PartVIISectionAGrp/PersonNm7PETER HERO
IRS990/Form990PartVIISectionAGrp/PersonNm8SARA LESLIE
IRS990/Form990PartVIISectionAGrp/PersonNm9ARTHUR JOHNSON
IRS990/Form990PartVIISectionAGrp/PersonNm10GINA DIAZ
IRS990/Form990PartVIISectionAGrp/PersonNm11SHAWN MCGOWEN
IRS990/Form990PartVIISectionAGrp/PersonNm12GREG AVIS
IRS990/Form990PartVIISectionAGrp/PersonNm13ZURI RUIZ
IRS990/Form990PartVIISectionAGrp/PersonNm14ERIC WEAVER
IRS990/Form990PartVIISectionAGrp/PersonNm15GUSTAVO LASALA
IRS990/Form990PartVIISectionAGrp/PersonNm16JEFFS WELLS
IRS990/Form990PartVIISectionAGrp/PersonNm17MARCO LUCIONI
IRS990/Form990PartVIISectionAGrp/PersonNm18ELIZABETH GIVENS
IRS990/Form990PartVIISectionAGrp/PersonNm19OTXIN ECHAIDE
IRS990/Form990PartVIISectionAGrp/PersonNm20DEVIN MCALPINE
IRS990/Form990PartVIISectionAGrp/PersonNm21JANINE GARDNER
IRS990/Form990PartVIISectionAGrp/PersonNm22NICOLE LETELLIER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13171989
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14198352
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt15159575
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt16164701
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt17192139
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt18151386
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt19109393
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20111186
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt21104382
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt22107341
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/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt220
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13PRESIDENT & COO
IRS990/Form990PartVIISectionAGrp/TitleTxt14FOUNDER & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt15CFO (FR. 7/1/2014 TO 4/17/2015)
IRS990/Form990PartVIISectionAGrp/TitleTxt16VICE-PRESIDENT, NMTC FUND DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17EXECUTIVE VP SMALL BUSINESS PROGRAM
IRS990/Form990PartVIISectionAGrp/TitleTxt18CHIEF DEVELOPMENT OFFICER (FROM 7/1/2014 TO 4/6/20
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR SMALL BUSINESS DEVELOPMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR MICROBUSINESS LENDING
IRS990/Form990PartVIISectionAGrp/TitleTxt21HR DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22CONTROLLER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01993
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt0185500
IRS990/FundraisingDirectExpensesAmt0194018
IRS990/FundraisingGrossIncomeAmt027365
IRS990/GainOrLossGrp/OtherAmt0-5276
IRS990/GainOrLossGrp/SecuritiesAmt018890
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt013
IRS990/GovernmentGrantsAmt02533781
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt03800
IRS990/GrantsToDomesticOrgsGrp/TotalAmt03800
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt018890
IRS990/GrossReceiptsAmt016565303
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt013
IRS990/IndivRcvdGreaterThan100KCnt010
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/FundraisingAmt05086
IRS990/InsuranceGrp/ManagementAndGeneralAmt05029
IRS990/InsuranceGrp/ProgramServicesAmt037785
IRS990/InsuranceGrp/TotalAmt047900
IRS990/InterestGrp/ManagementAndGeneralAmt02540
IRS990/InterestGrp/ProgramServicesAmt0494284
IRS990/InterestGrp/TotalAmt0496824
IRS990/InvestmentIncomeGrp/ExclusionAmt023900
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt023900
IRS990/InvestmentInJointVentureInd01
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt015077
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt015125
IRS990/InvestmentsPubTradedSecGrp/BOYAmt01154780
IRS990/InvestmentsPubTradedSecGrp/EOYAmt01148157
IRS990/IRPDocumentCnt0108
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0381271
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0507438
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0656002
IRS990/LandBldgEquipCostOrOtherBssAmt01037273
IRS990/LegalDomicileStateCd0CA
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt05276
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd01
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO ADVANCE THE ECONOMIC WELL-BEING OF WORKING PEOPLE BY HELPING THEM EARN, SAVE AND INVEST IN THEIR FUTURE.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt019327717
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt025575093
IRS990/NetAssetsOrFundBalancesBOYAmt015885506
IRS990/NetAssetsOrFundBalancesEOYAmt021396410
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt013614
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt013614
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-166653
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-166653
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-6863
IRS990/NoncashContributionsAmt033540
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt033385
IRS990/OccupancyGrp/ManagementAndGeneralAmt033026
IRS990/OccupancyGrp/ProgramServicesAmt0252841
IRS990/OccupancyGrp/TotalAmt0319252
IRS990/OfficeExpensesGrp/FundraisingAmt032459
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt065115
IRS990/OfficeExpensesGrp/ProgramServicesAmt0233254
IRS990/OfficeExpensesGrp/TotalAmt0330828
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt09824283
IRS990/OtherAssetsTotalGrp/EOYAmt08665161
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt072900
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt083017
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0467563
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0623480
IRS990/OtherExpensesGrp/Desc0PROVISION FOR LOAN LOSS
IRS990/OtherExpensesGrp/Desc1SAVINGS PROGRAM MATCH E
IRS990/OtherExpensesGrp/Desc2LOAN PROGRAM FEES
IRS990/OtherExpensesGrp/Desc3MISC
IRS990/OtherExpensesGrp/FundraisingAmt05830
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt08574
IRS990/OtherExpensesGrp/ProgramServicesAmt0883549
IRS990/OtherExpensesGrp/ProgramServicesAmt1838430
IRS990/OtherExpensesGrp/ProgramServicesAmt2265989
IRS990/OtherExpensesGrp/ProgramServicesAmt346128
IRS990/OtherExpensesGrp/TotalAmt0883549
IRS990/OtherExpensesGrp/TotalAmt1838430
IRS990/OtherExpensesGrp/TotalAmt2265989
IRS990/OtherExpensesGrp/TotalAmt360532
IRS990/OtherLiabilitiesGrp/BOYAmt02561265
IRS990/OtherLiabilitiesGrp/EOYAmt02218512
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0518798
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0493523
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt03158030
IRS990/OtherSalariesAndWagesGrp/TotalAmt04170351
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt022992654
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt032273245
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt051521
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt050559
IRS990/PayrollTaxesGrp/ProgramServicesAmt0284908
IRS990/PayrollTaxesGrp/TotalAmt0386988
IRS990/PensionPlanContributionsGrp/FundraisingAmt019864
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt021179
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0125979
IRS990/PensionPlanContributionsGrp/TotalAmt0167022
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt01171791
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt01874066
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0157356
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0168843
IRS990/PrincipalOfficerNm0ERIC WEAVER
IRS990/ProfessionalFundraisingInd01

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$50,694,651
Liabilities
$29,298,241
Net assets
$21,396,410
Revenue
$16,366,009
Expenses
$10,848,242
Net income
$5,517,767
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$198$124$73.8$58.9$36.9$22.0
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$200$149$51.8$53.6$37.9$15.7
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$132$95.6$36.1$45.7$35.9$9.76
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$121$94.2$26.3$30.9$31.1$0.11
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$101$74.9$26.4$23.9$25.9$2.01
2016Detailed filing. Detailed filing data is available for this year.$75.4$49.8$25.6$18.3$14.1$4.21
2015Detailed filing. Detailed filing data is available for this year.$50.7$29.3$21.4$16.4$10.8$5.52
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$30.2$17.2$13.0$7.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$45.2$33.5$11.7$6.87