Civic Intelligence

Accion Opportunity Fund Community Development

990 • Fiscal year 2016 • EIN 31-1719434

Jul 01, 2015 to Jun 30, 2016 • Filed on Feb 23, 2017

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

78th percentile

0.66x

Higher debt load relative to assets than 78% of similar nonprofits.

2016 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2016

Liabilities / Revenue

86th percentile

2.72x

Higher debt load relative to revenue than 86% of similar nonprofits.

2016 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2016

Net Margin

84th percentile

23%

Higher net margin than 84% of similar nonprofits.

2016 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2016

Top Officer Pay

30th percentile

$242,399

Higher top officer pay than 30% of similar nonprofits.

Top officer pay equals 1.3% of source-year revenue.

2016 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2016

Asset Growth

96th percentile

49%

Faster asset growth than 96% of similar nonprofits.

2016 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2015 to 2016

Revenue Growth

75th percentile

12%

Faster revenue growth than 75% of similar nonprofits.

2016 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets78th percentile

Assets

Up

$75,398,341

Up $24,703,690 (+49%) from 2015

Net Assets

Up

$25,615,467

Up $4,219,057 (+20%) from 2015

Liabilities

Up

$49,782,874

Up $20,484,633 (+70%) from 2015

Revenue And Expenses
Liabilities / Revenue86th percentileNet Margin84th percentile

Revenue

Up

$18,291,420

Up $1,925,411 (+12%) from 2015

Expenses

Up

$14,084,236

Up $3,235,994 (+30%) from 2015

Net Income

Down

$4,207,184

Down $1,310,583 (-24%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth96th 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

2016

Assets$75,398,341
Liabilities$49,782,874
Net Assets$25,615,467
Open 2016 Filing

Operations Trend

Revenue Growth75th 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

2016

Revenue$18,291,420
Expenses$14,084,236
Net Income$4,207,184
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Feb 23, 2017
Return Version
2015v3.0
Gross Receipts
$18,477,497
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$32,273,245$51,180,957▲ $18,907,712
Savings and Temporary Cash Investments$5,635,126$5,696,142▲ $61,016
Pledges and Grants Receivable$1,874,066$1,299,877▼ $574,189
Investments in Publicly Traded Securities$1,148,157$1,180,790▲ $32,633
Land, Buildings, and Equipment, Net$656,002$641,276▼ $14,726
Accounts Receivable$258,926$353,042▲ $94,116
Prepaid Expenses and Deferred Charges$168,843$232,226▲ $63,383
Investments Other Securities$15,125$18,520▲ $3,395
Total Assets$50,694,651$75,398,341▲ $24,703,690
Other Assets Total$8,665,161$14,795,511▲ $6,130,350
Liabilities
Mortgage Notes Payable Secured by Investment Property$25,575,093$46,499,648▲ $20,924,555
Accounts Payable and Accrued Expenses$1,474,636$2,148,567▲ $673,931
Other Liabilities$2,218,512$1,134,659▼ $1,083,853
Deferred Revenue$30,000--
Total Liabilities$29,298,241$49,782,874▲ $20,484,633
Net Assets / Fund Balance
Unrestricted Net Assets$19,410,496$22,505,254▲ $3,094,758
Temporarily Rstr Net Assets$1,985,914$3,110,213▲ $1,124,299
Total Net Assets Fund Balance$21,396,410$25,615,467▲ $4,219,057
Total Liabilities and Net Assets / Fund Balance$50,694,651$75,398,341▲ $24,703,690

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$481,587$343,214$824,801
Equipment$129,479$121,836$251,315
Leasehold Improvements$30,210$136,758$166,968
Other Assets Org$14,795,511--
Compensation and Service Providers
Top Officer Pay30th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Eric WeaverFounder & CEOFT$207,110$35,289$242,399
Marco LucioniExecutive VP Small BusinesFT$204,864$30,349$235,213
Zuri RuizPresident & COOFT$207,146$24,634$231,780
Jeffs WellsVice-President, NMTC FundFT$160,320$30,291$190,611
Gwyneth GalbraithChief Development OfficerFT$149,037$26,998$176,035
Nicole LetellierControllerFT$123,884$15,469$139,353
Otxin EchaideDirector Small Business DeFT$122,392$10,435$132,827
Devin McAlpineDirector Microbusiness LenFT$112,186$19,383$131,569
Janine GardnerHR DirectorPT$113,804$11,944$125,748
Damian DefalcoDirector ITFT$103,925$16,236$120,161
Ana ThompsonExecutive VP & CFOFT$37,627$4,644$42,271

Board Members and Trustees

NameTitle
Susan Harper GreeneChair
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
RSM US LLP (Formerly McGladrey)Customized CRM software331 West 3rd Street Suite 200, Davenport, LA 52801$188,628
Revenue and Support

Revenue Composition

Contributions and Grants
$8,470,382
Program Service Revenue
$9,883,104
Investment Income
$12,917
Other Revenue
$-74,983
All Other Contributions
$6,248,084
Change in Net Assets
$4,207,184

Audited Revenue Reconciliation

Revenue per Audited Statements
$18,292,109
Revenue Not Reported on Financial Statements
$-689
Revenue Not Reported on Form 990
$297,853
Other Revenue Adjustments
$-689
Total Revenue per Audited Statements
$18,589,962
Total Revenue per Form 990
$18,291,420
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$8,002,511
Other Expenses$6,031,725
Total Fundraising Expense$964,777
Grants and Similar Amounts Paid$50,000
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$4,133,606$822,342$384,161$5,340,109
Current Officers, Directors, Trustees, and Key Employees$805,246$135,999$277,607$1,218,852
Interest$907,938$14,669-$922,607
Other Employee Benefits$618,319$123,862$66,761$808,942
Payroll Taxes$359,194$69,968$46,773$475,935
Office Expenses$317,970$48,665$28,309$394,944
Occupancy$311,142$47,448$30,723$389,313
Advertising$339,020-$3,636$342,656
Travel$248,916$54,704$21,582$325,202
Fees for Services Other$221,856$26,077$16,212$264,145
Depreciation Depletion$179,667$27,452$17,775$224,894
Information Technology$143,696$23,254$1,563$168,513
Pension Plan Contributions$123,230$24,296$11,147$158,673
Other Expenses$42,653$53,122$34,371$130,146
Fees for Services Accounting$5,500$83,000-$88,500
Conferences and Meetings$59,468$11,559$14,990$86,017
Insurance$41,103$6,280$4,066$51,449
Grants to Domestic Orgs$50,000--$50,000
All Other Expenses$30,770$13,853$5,101$49,724
Fees for Services Legal$22,780$13,687-$36,467
Total Functional Expenses$11,519,222$1,600,237$964,777$14,084,236

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$14,370,905
Expenses per Audited Statements$14,084,236
Total Expenses per Form 990$14,084,236
Expenses Not Reported on Form 990$286,669
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Los Angeles Food Policy CouncilLos Angeles, CA-to provide technical assistance to Opportunity Fund borrowers under a grant from FEMI/Capital Impact.$50,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$164,968
Fundraising Gross Income$89,985
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fall Fete$98,981$45,880$13,249$32,631
Taste of Microfinance - SF$51,330$17,210$5,222$11,988
Total Events$194,291$89,985$164,968$-74,983
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$960,273
Sobrato Family affordable housing fund$174,386
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 bylaws were revised to more explicitly call out Opportunity Fund's alignment with the California Nonprofit Corporation Law; clean up old wording to eliminate redundancies and reflect our growth; and to improve overall document organization.”

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 its Board DIRECTORs, OFFICERs AND Key employees 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 COMPENSATION AND THE CEO APPROVES OTHER OFFICERS OR KEY EMPLOYEES COMPENSATION USING COMPARABILitY 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
Executive VP & CFO
Phone
4082970204
Signed
2017-02-23
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
96
Volunteers
50

Preparer

Firm
Armanino LLP
Address
50 W San Fernando St Ste 500, San Jose, CA 95113
Preparer
Lawrence S Kuechler
Phone
4082006400
Supplemental Narrative

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, 2016, management did not identify any uncertain tax positions. The Organization is subject to potential examination by taxing authorities for income tax returns filed in the U.S. federal jurisdiction and the State of California. The tax years that remain subject to potential examination for the U.S. federal jurisdiction are years ended June 30, 2013, and forward. The State of California tax jurisdiction is subject to potential examination for years ended June 30, 2012 and forward.”

Part XI, Line 2D - Other Adjustments:

“fundraising event expense 164,968.”

Part XI, Line 4B - Other Adjustments:

“disposition of fixed assets -689.”

Part XII, Line 2D - Other Adjustments:

“disposition of fixed assets 689. fundraising event expense 164,968.”

Raw XML AppendixShowing 400 of 1,125 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/BOYAmt01474636
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt02148567
IRS990/AccountsReceivableGrp/BOYAmt0258926
IRS990/AccountsReceivableGrp/EOYAmt0353042
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO ADVANCE THE ECONOMIC WELL-BEING OF WORKING PEOPLE.
IRS990/AdvertisingGrp/FundraisingAmt03636
IRS990/AdvertisingGrp/ProgramServicesAmt0339020
IRS990/AdvertisingGrp/TotalAmt0342656
IRS990/AllOtherContributionsAmt06248084
IRS990/AllOtherExpensesGrp/FundraisingAmt05101
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt013853
IRS990/AllOtherExpensesGrp/ProgramServicesAmt030770
IRS990/AllOtherExpensesGrp/TotalAmt049724
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/PersonNm0Nicole Letellier
IRS990/BooksInCareOfDetail/PhoneNum04082970204
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/FundraisingAmt0277607
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0135999
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0805246
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt01218852
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/FundraisingAmt014990
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt011559
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt059468
IRS990/ConferencesMeetingsGrp/TotalAmt086017
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/ContractorCompensationGrp/CompensationAmt0188628
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/BusinessNameLine1Txt0RSM US LLP (Formerly McGladrey)
IRS990/ContractorCompensationGrp/ServicesDesc0Customized CRM software
IRS990/ContriRptFundraisingEventAmt0104306
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt08470382
IRS990/CYGrantsAndSimilarPaidAmt050000
IRS990/CYInvestmentIncomeAmt012917
IRS990/CYOtherExpensesAmt06031725
IRS990/CYOtherRevenueAmt0-74983
IRS990/CYProgramServiceRevenueAmt09883104
IRS990/CYRevenuesLessExpensesAmt04207184
IRS990/CYSalariesCompEmpBnftPaidAmt08002511
IRS990/CYTotalExpensesAmt014084236
IRS990/CYTotalFundraisingExpenseAmt0964777
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt018291420
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt030000
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/FundraisingAmt017775
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt027452
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0179667
IRS990/DepreciationDepletionGrp/TotalAmt0224894
IRS990/Desc0Small Business Program - Opportunity Fund raises funds from private and public sources to provide micro and small business loans, to business borrowers who don't have access to credit from traditional financial institutions or lack access to affordable financing products. Since inception, Opportunity Fund has made over 8470 loans totaling $164 million in capital deployed to borrowers throughout California, the substantial majority of whom are low and moderate income and ethnic minorities. An estimated 6,000 people have been served.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt096
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt08676834
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt083000
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt05500
IRS990/FeesForServicesAccountingGrp/TotalAmt088500
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt013687
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt022780
IRS990/FeesForServicesLegalGrp/TotalAmt036467
IRS990/FeesForServicesOtherGrp/FundraisingAmt016212
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt026077
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0221856
IRS990/FeesForServicesOtherGrp/TotalAmt0264145
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/AverageHoursPerWeekRt2340.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd1X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd2X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd3X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd4X
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/OtherCompensationAmt1324634
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1435289
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt154644
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1630349
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1730291
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1826998
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1910435
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2019383
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2111944
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2215469
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2316236
IRS990/Form990PartVIISectionAGrp/PersonNm0Susan Harper Greene
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/PersonNm15Ana Thompson
IRS990/Form990PartVIISectionAGrp/PersonNm16Marco Lucioni
IRS990/Form990PartVIISectionAGrp/PersonNm17Jeffs Wells
IRS990/Form990PartVIISectionAGrp/PersonNm18Gwyneth Galbraith
IRS990/Form990PartVIISectionAGrp/PersonNm19Otxin Echaide
IRS990/Form990PartVIISectionAGrp/PersonNm20Devin McAlpine
IRS990/Form990PartVIISectionAGrp/PersonNm21Janine Gardner
IRS990/Form990PartVIISectionAGrp/PersonNm22Nicole Letellier
IRS990/Form990PartVIISectionAGrp/PersonNm23Damian Defalco
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/ReportableCompFromOrgAmt13207146
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14207110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1537627
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt16204864
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt17160320
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt18149037
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt19122392
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20112186
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt21113804
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt22123884
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt23103925
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/ReportableCompFromRltdOrgAmt230
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/TitleTxt15Executive VP & CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt16Executive VP Small Busines
IRS990/Form990PartVIISectionAGrp/TitleTxt17Vice-President, NMTC Fund
IRS990/Form990PartVIISectionAGrp/TitleTxt18Chief Development Officer
IRS990/Form990PartVIISectionAGrp/TitleTxt19Director Small Business De
IRS990/Form990PartVIISectionAGrp/TitleTxt20Director Microbusiness Len
IRS990/Form990PartVIISectionAGrp/TitleTxt21HR Director
IRS990/Form990PartVIISectionAGrp/TitleTxt22Controller
IRS990/Form990PartVIISectionAGrp/TitleTxt23Director IT
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01993
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt0104306
IRS990/FundraisingDirectExpensesAmt0164968
IRS990/FundraisingGrossIncomeAmt089985
IRS990/GainOrLossGrp/OtherAmt0-689
IRS990/GainOrLossGrp/SecuritiesAmt0-20420
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt013
IRS990/GovernmentGrantsAmt02117992
IRS990/GrantAmt050000
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt050000
IRS990/GrantsToDomesticOrgsGrp/TotalAmt050000
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt018477497
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt013
IRS990/IndivRcvdGreaterThan100KCnt010
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt01563
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt023254
IRS990/InformationTechnologyGrp/ProgramServicesAmt0143696
IRS990/InformationTechnologyGrp/TotalAmt0168513
IRS990/InsuranceGrp/FundraisingAmt04066
IRS990/InsuranceGrp/ManagementAndGeneralAmt06280
IRS990/InsuranceGrp/ProgramServicesAmt041103
IRS990/InsuranceGrp/TotalAmt051449
IRS990/InterestGrp/ManagementAndGeneralAmt014669
IRS990/InterestGrp/ProgramServicesAmt0907938
IRS990/InterestGrp/TotalAmt0922607
IRS990/InvestmentIncomeGrp/ExclusionAmt031792
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt02234
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt034026
IRS990/InvestmentInJointVentureInd01
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt015125
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt018520
IRS990/InvestmentsPubTradedSecGrp/BOYAmt01148157
IRS990/InvestmentsPubTradedSecGrp/EOYAmt01180790
IRS990/IRPDocumentCnt080
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0601808
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0656002
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0641276
IRS990/LandBldgEquipCostOrOtherBssAmt01243084
IRS990/LegalDomicileStateCd0CA
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt0689
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt020420
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/BOYAmt025575093
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt046499648
IRS990/NetAssetsOrFundBalancesBOYAmt021396410
IRS990/NetAssetsOrFundBalancesEOYAmt025615467
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-21109
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-21109
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-74983
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-74983
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt011873
IRS990/NoncashContributionsAmt014145
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt030723
IRS990/OccupancyGrp/ManagementAndGeneralAmt047448
IRS990/OccupancyGrp/ProgramServicesAmt0311142
IRS990/OccupancyGrp/TotalAmt0389313
IRS990/OfficeExpensesGrp/FundraisingAmt028309
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt048665
IRS990/OfficeExpensesGrp/ProgramServicesAmt0317970
IRS990/OfficeExpensesGrp/TotalAmt0394944
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt08665161
IRS990/OtherAssetsTotalGrp/EOYAmt014795511
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt066761
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0123862
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0618319
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0808942
IRS990/OtherExpensesGrp/Desc0Provision for loan loss
IRS990/OtherExpensesGrp/Desc1savings program match e
IRS990/OtherExpensesGrp/Desc2loan program fees
IRS990/OtherExpensesGrp/Desc3Misc
IRS990/OtherExpensesGrp/FundraisingAmt034371
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt053122
IRS990/OtherExpensesGrp/ProgramServicesAmt01024071
IRS990/OtherExpensesGrp/ProgramServicesAmt1886233
IRS990/OtherExpensesGrp/ProgramServicesAmt2646844
IRS990/OtherExpensesGrp/ProgramServicesAmt342653
IRS990/OtherExpensesGrp/TotalAmt01024071
IRS990/OtherExpensesGrp/TotalAmt1886233
IRS990/OtherExpensesGrp/TotalAmt2646844
IRS990/OtherExpensesGrp/TotalAmt3130146
IRS990/OtherLiabilitiesGrp/BOYAmt02218512
IRS990/OtherLiabilitiesGrp/EOYAmt01134659
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0384161
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0822342
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt04133606
IRS990/OtherSalariesAndWagesGrp/TotalAmt05340109
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt032273245
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt051180957
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt046773
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt069968
IRS990/PayrollTaxesGrp/ProgramServicesAmt0359194
IRS990/PayrollTaxesGrp/TotalAmt0475935
IRS990/PensionPlanContributionsGrp/FundraisingAmt011147

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$75,398,341
Liabilities
$49,782,874
Net assets
$25,615,467
Revenue
$18,291,420
Expenses
$14,084,236
Net income
$4,207,184
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
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2016 filings • 501(c)3 • $50M-$100M nonprofits