Civic Intelligence

Community First Lending

990 • Fiscal year 2020 • EIN 45-4715883

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 12, 2021

1535 Fred Jackson WayRichmond, CA 94801

(510) 412-9290

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.55x

Higher debt load relative to assets than 83% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

100th percentile

37.26x

Higher debt load relative to revenue than 100% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

6th percentile

-62%

Higher net margin than 6% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

37th percentile

$0

Higher top officer pay than 37% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

93rd percentile

101%

Faster asset growth than 93% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

1st percentile

-98%

Faster revenue growth than 1% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$1,528,421

Up $766,353 (+101%) from 2019

Net Assets

Down

$691,176

Down $13,955 (-2.0%) from 2019

Liabilities

Up

$837,245

Up $780,308 (+1370%) from 2019

Revenue

Down

$22,469

Down $937,670 (-98%) from 2019

Expenses

Down

$36,424

Down $915,422 (-96%) from 2019

Net Income

Down

-$13,955

Down $22,248 (-268%) from 2019

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0-$2.0MAssets 2013: $166,301Liabilities 2013: $177,859Net Assets 2013: -$11,5582013Assets 2014: $236,756Liabilities 2014: $243,5702014Assets 2015: $5,140,395Liabilities 2015: $4,770,172Net Assets 2015: $370,2232015Assets 2016: $4,850,413Liabilities 2016: $4,336,043Net Assets 2016: $514,3702016Assets 2017: $4,549,989Liabilities 2017: $3,877,611Net Assets 2017: $672,3782017Assets 2018: $1,663,171Liabilities 2018: $966,333Net Assets 2018: $696,8382018Assets 2019: $762,068Liabilities 2019: $56,937Net Assets 2019: $705,1312019Assets 2020: $1,528,421Liabilities 2020: $837,245Net Assets 2020: $691,1762020Assets 2021: $1,734,329Liabilities 2021: $612,440Net Assets 2021: $1,121,8892021Assets 2022: $2,704,680Liabilities 2022: $1,695,695Net Assets 2022: $1,008,9852022Assets 2023: $2,287,357Liabilities 2023: $1,131,852Net Assets 2023: $1,155,5052023Assets 2024: $2,588,924Liabilities 2024: $1,532,638Net Assets 2024: $1,056,2862024

Highlighted filing

2020

Assets$1,528,421
Liabilities$837,245
Net Assets$691,176

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2013: $1,445Expenses 2013: $4,223Net Income 2013: -$2,7782013Revenue 2014: $10,746Expenses 2014: $12,425Net Income 2014: -$1,6792014Revenue 2015: $268,625Expenses 2015: $131,250Net Income 2015: $137,3752015Revenue 2016: $473,366Expenses 2016: $329,219Net Income 2016: $144,1472016Revenue 2017: $491,987Expenses 2017: $333,979Net Income 2017: $158,0082017Revenue 2018: $2,940,495Expenses 2018: $2,916,035Net Income 2018: $24,4602018Revenue 2019: $960,139Expenses 2019: $951,846Net Income 2019: $8,2932019Revenue 2020: $22,469Expenses 2020: $36,424Net Income 2020: -$13,9552020Revenue 2021: $234,940Expenses 2021: $123,889Net Income 2021: $111,0512021Revenue 2022: $77,682Expenses 2022: $190,586Net Income 2022: -$112,9042022Revenue 2023: $263,775Expenses 2023: $117,255Net Income 2023: $146,5202023Revenue 2024: $78,693Expenses 2024: $177,912Net Income 2024: -$99,2192024

Highlighted filing

2020

Revenue$22,469
Expenses$36,424
Net Income-$13,955
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 12, 2021
Return Version
2020v4.0
Gross Receipts
$22,469
Mission and Program Overview

Mission

The Corporation is organized exclusively to benefit and support Community Housing Development Corporation of North Richmond ("CHDC"), in carrying out its purposes, in accordance with the provisions of IRS 509(a)(3) by securing capital from federal, state and local governments and from private sources to assist in providing financing for low and moderate income housing and establishing a revolving loan fund which will provide loans to low and moderate income households for the purpose of assisting in the purchase of affordable housing and/or communities, in furtherance of one of CHDC's charitable purposes.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$658,795$987,072▲ $328,277
Other Notes and Loans Receivable, Net$82,213$523,904▲ $441,691
Prepaid Expenses and Deferred Charges$6,411$6,655▲ $244
Land, Buildings, and Equipment, Net$568$325▼ $243
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$762,068$1,528,421▲ $766,353
Other Assets Total$14,081$10,465▼ $3,616
Liabilities
Other Liabilities$56,937$837,245▲ $780,308
Total Liabilities$56,937$837,245▲ $780,308
Net Assets / Fund Balance
Net Assets With Donor Restrictions$716,757$716,757→ $0
Net Assets Without Donor Restrictions$-11,626$-25,581▼ $13,955
Total Net Assets Fund Balance$705,131$691,176▼ $13,955
Total Liabilities and Net Assets / Fund Balance$762,068$1,528,421▲ $766,353

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$325$892$1,217
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jenny HicksPresident
Larry TaylorVice President
Annie King- MeredithDirector
Darlene WilliamsDirector
Leslie StewartDirector
Marena BrownDirector
Maria BenjaminSecretary
Fred LambrightTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$22,469
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-13,955

Audited Revenue Reconciliation

Revenue per Audited Statements
$22,469
Total Revenue per Audited Statements
$22,469
Total Revenue per Form 990
$22,469
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$36,424
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other-$16,800-$16,800
Insurance$4,350$3,810-$8,160
Fees for Services Accounting-$6,400-$6,400
Information Technology-$2,508-$2,508
Office Expenses-$969-$969
Other Expenses-$244-$244
Depreciation Depletion-$243-$243
Total Functional Expenses$4,350$32,074$0$36,424

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$36,424
Total Expenses per Audited Statements$36,424
Total Expenses per Form 990$36,424
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

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

Other Reported Liabilities

LiabilityAmount
Recoverable Grant$748,336
Due to Affiliate$53,391
Due to City of Oakland$35,516
Rounding$2
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

The tax return will be reviewed by the Board Secretary.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Officers, directors and key employees are required to complete a form and/or to disclose possible conflicts of interest and review by the board of directors.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

The Board of Directors review and approve compensation.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

The Board of Directors review and approve compensation.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Only upon request.

Filing and Contact Details

Filer

Filer Name
Community First Lending
EIN
45-4715883
Phone
5104129290
Address
1535 Fred Jackson Way, Richmond, CA 94801

Signing Officer

Name
Charles Fowlkes
Title
CEO
Signed
2021-11-12
Discuss with paid preparer
Yes

Organization Details

Legal Domicile
CA
Voting Board Members
5
Independent Board Members
5
Employees
0

Preparer

Firm
Meseret Y Zeleke CPA
Address
521 EL CERRITO PLAZA STE 521, EL CERRITO, CA 94530
Preparer
Meseret Y Zeleke
Phone
5105271910
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

Management has evaluated their tax positions and related income tax contingencies. Management does not believe that any material uncertain tax positions exist.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
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IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0false
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IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
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IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd0true
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
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IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0Community Housing Development Corpo
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IRS990ScheduleA/SupportingOrgType1Ind0X
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IRS990ScheduleD/EquipmentGrp/DepreciationAmt0892
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01217
IRS990ScheduleD/ExpensesSubtotalAmt036424
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt135516
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2748336
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt32
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Due to Affiliate
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Due to City of Oakland
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Recoverable Grant
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3Rounding
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Management has evaluated their tax positions and related income tax contingencies. Management does not believe that any material uncertain tax positions exist.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
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IRS990ScheduleD/TotalLiabilityAmt0837245
IRS990ScheduleD/TotalRevenuePerForm990Amt022469
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The tax return will be reviewed by the Board Secretary.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Officers, directors and key employees are required to complete a form and/or to disclose possible conflicts of interest and review by the board of directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Board of Directors review and approve compensation.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Board of Directors review and approve compensation.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Only upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
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IRS990/SubjectToProxyTaxInd0false
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IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt032074
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IRS990/TotalFunctionalExpensesGrp/TotalAmt036424
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt056937
IRS990/TotalLiabilitiesEOYAmt0837245
IRS990/TotalLiabilitiesGrp/BOYAmt056937
IRS990/TotalLiabilitiesGrp/EOYAmt0837245
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0705131
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0691176
IRS990/TotalProgramServiceExpensesAmt04350
IRS990/TotalProgramServiceRevenueAmt022469
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt022469
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt022469
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0762068
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01528421
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01535 Fred Jackson Way
IRS990/USAddress/CityNm0Richmond
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd094801
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Charles Fowlkes
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Community First Lending
ReturnHeader/Filer/BusinessNameControlTxt0COMM
ReturnHeader/Filer/EIN0454715883
ReturnHeader/Filer/PhoneNum05104129290
ReturnHeader/Filer/USAddress/AddressLine1Txt01535 Fred Jackson Way
ReturnHeader/Filer/USAddress/CityNm0Richmond
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA

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