Civic Intelligence

First State Community Loan Fund

990 • Fiscal year 2010 • EIN 51-0345258

Jan 01, 2010 to Dec 31, 2010 • Filed on Mar 25, 2011

100 W 10th Street Suite 100519801
Siviq Scores

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

Liabilities / Assets

70th percentile

0.50x

Higher debt load relative to assets than 70% of similar nonprofits.

2010 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2010

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2010

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2010

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2010

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2010

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

$7,516,504

No earlier filing loaded for comparison.

Net Assets

$3,744,747

No earlier filing loaded for comparison.

Liabilities

$3,771,757

No earlier filing loaded for comparison.

Revenue

-

No earlier filing loaded for comparison.

Expenses

$1,249,727

No earlier filing loaded for comparison.

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2010: $7,516,504Liabilities 2010: $3,771,757Net Assets 2010: $3,744,7472010Assets 2011: $7,534,395Liabilities 2011: $4,010,070Net Assets 2011: $3,524,3252011Assets 2012: $6,864,040Liabilities 2012: $3,709,441Net Assets 2012: $3,154,5992012Assets 2013: $6,632,132Liabilities 2013: $4,012,092Net Assets 2013: $2,620,0402013Assets 2014: $7,481,886Liabilities 2014: $4,587,948Net Assets 2014: $2,893,9382014Assets 2015: $7,949,638Liabilities 2015: $5,192,473Net Assets 2015: $2,757,1652015Assets 2016: $9,002,807Liabilities 2016: $6,195,037Net Assets 2016: $2,807,7702016Assets 2017: $9,979,165Liabilities 2017: $7,137,705Net Assets 2017: $2,841,4602017Assets 2018: $11,694,441Liabilities 2018: $8,205,808Net Assets 2018: $3,488,6332018Assets 2019: $11,567,842Liabilities 2019: $7,845,853Net Assets 2019: $3,721,9892019Assets 2020: $14,544,564Liabilities 2020: $9,579,054Net Assets 2020: $4,965,5102020Assets 2021: $20,176,608Liabilities 2021: $9,502,145Net Assets 2021: $10,674,4632021Assets 2022: $22,058,882Liabilities 2022: $11,751,599Net Assets 2022: $10,307,2832022Assets 2023: $24,398,779Liabilities 2023: $13,702,100Net Assets 2023: $10,696,6792023Assets 2024: $25,632,139Liabilities 2024: $14,088,039Net Assets 2024: $11,544,1002024

Highlighted filing

2010

Assets$7,516,504
Liabilities$3,771,757
Net Assets$3,744,747

Operations Trend

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

$10M$5.0M$0-$5.0MExpenses 2010: $1,249,7272010Expenses 2011: $1,178,0902011Expenses 2012: $1,141,7952012Revenue 2013: $815,831Expenses 2013: $1,353,965Net Income 2013: -$538,1342013Revenue 2014: $1,263,719Expenses 2014: $994,821Net Income 2014: $268,8982014Revenue 2015: $1,086,328Expenses 2015: $1,227,948Net Income 2015: -$141,6202015Revenue 2016: $1,501,468Expenses 2016: $1,450,863Net Income 2016: $50,6052016Revenue 2017: $1,839,808Expenses 2017: $1,806,118Net Income 2017: $33,6902017Revenue 2018: $2,643,467Expenses 2018: $1,996,294Net Income 2018: $647,1732018Revenue 2019: $2,166,339Expenses 2019: $1,932,983Net Income 2019: $233,3562019Revenue 2020: $4,014,227Expenses 2020: $2,770,706Net Income 2020: $1,243,5212020Revenue 2021: $8,295,807Expenses 2021: $2,586,854Net Income 2021: $5,708,9532021Revenue 2022: $3,143,323Expenses 2022: $3,510,503Net Income 2022: -$367,1802022Revenue 2023: $3,780,450Expenses 2023: $3,391,054Net Income 2023: $389,3962023Revenue 2024: $4,611,925Expenses 2024: $3,764,504Net Income 2024: $847,4212024

Highlighted filing

2010

Revenue-
Expenses$1,249,727
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2010 to Dec 31, 2010
Signed
Mar 25, 2011
Return Version
2010v3.2
Gross Receipts
$2,740,531
Mission and Program Overview

Mission

Building a thriving community by empowering a diverse base of entrepreneurs and businesses through access to capital, education, advocacy and opportunity.

Major Activities

Activity 2
Small business loans - one of fsclf's primary objectives is providing financing and support services for small business enterprises. Through this program, fsclf creates jobs and builds wealth in emerging markets throughout the state of delaware. Fsclf has two primary small business lending programs to the micro loan fund and the business growth fund.
Activity 3
Ida - individual development account (ida) program is a special savings program that assists others in building assets and increasing wealth. Money can be use for the following goals: homeownership, small business growth & development, education/traing. There are income eligibility guidelines to qualify for the program.
Filing and Contact Details

Filer

EIN
51-0345258
Raw XML AppendixShowing 400 of 493 raw XML fields

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IRS990/Activity2/Description0SMALL BUSINESS LOANS - ONE OF FSCLF'S PRIMARY OBJECTIVES IS PROVIDING FINANCING AND SUPPORT SERVICES FOR SMALL BUSINESS ENTERPRISES. THROUGH THIS PROGRAM, FSCLF CREATES JOBS AND BUILDS WEALTH IN EMERGING MARKETS THROUGHOUT THE STATE OF DELAWARE. FSCLF HAS TWO PRIMARY SMALL BUSINESS LENDING PROGRAMS TO THE MICRO LOAN FUND AND THE BUSINESS GROWTH FUND.
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IRS990/Description0AFFORDABLE HOUSING LOANS - THE DEVELOPMENT OF AFFORDABLE HOUSING IS A KEY FACET OF OUR COMMUNITY DEVELOPMENT EFFORTS. FIRST STATE COMMUNITY LOAN FUND HAS ASSISTED IN THE CREATION OR PRESERVATION OF OVER 300 UNITS OF AFFORDABLE HOUSING. THESE EFFORTS RANGE FROM SUPERVISED APARTMENTS FOR SPECIAL NEEDS POPULATIONS TO TRANSITIONAL HOUSING TO SINGLE-FAMILY HOMES FOR HOME OWNERSHIP. LOANS CAN BE USED FOR PRE-DEVELOPMENT, ACQUISITION, CONSTRUCTION OR REHABILITATION. IN ADDITION TO THE LOAN PROGRAMS DESCRIBED BELOW, THE FSCLF WORKS WITH LARGER DEVELOPERS AND OTHER FUNDING SOURCES TO CREATE PROJECT- OR PROGRAM-SPECIFIC LINES OF CREDIT.
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IRS990ScheduleD/ExcessOrDeficitPerFS01490804
IRS990ScheduleD/ExpensesNotRptdF99000
IRS990ScheduleD/ExpensesNotRptdOnFinStmt00
IRS990ScheduleD/ExpensesSubtotal01249727
IRS990ScheduleD/LeaseholdImprovements/BookValue00
IRS990ScheduleD/LeaseholdImprovements/Depreciation01132
IRS990ScheduleD/LeaseholdImprovements/InvestmentCostOrOtherBasis01132
IRS990ScheduleD/OtherLandBuildings/BookValue0129
IRS990ScheduleD/OtherLandBuildings/Depreciation03314
IRS990ScheduleD/OtherLandBuildings/InvestmentCostOrOtherBasis03443
IRS990ScheduleD/OtherLiabilities/Amount035553
IRS990ScheduleD/OtherLiabilities/Description0VACATION PAYABLE
IRS990ScheduleD/RevenueNotRptdF99000
IRS990ScheduleD/RevenueNotRptdOnFinStmt00
IRS990ScheduleD/RevenueSubtotal02740531
IRS990ScheduleD/TotalAdjustments00
IRS990ScheduleD/TotalExpenses01249727
IRS990ScheduleD/TotalExpensesPerForm99001249727
IRS990ScheduleD/TotalOfAmounts035553
IRS990ScheduleD/TotalOfBookValueLandBuildings020565
IRS990ScheduleD/TotalRevenue02740531
IRS990ScheduleD/TotalRevenuePerForm99002740531
IRS990ScheduleD/TotExpensesEtcAuditedFinclStmt01249727
IRS990ScheduleD/TotRevenueEtcAuditedFinclStmt02740531
IRS990/ScheduleJRequired00
IRS990ScheduleO/GeneralExplanation/Explanation0THE GOVERNING BOARD ARE ALL MEMBERS.
IRS990ScheduleO/GeneralExplanation/Explanation1NO, BUT THE AUDIT COMMITTEE WILL GET A COPY OF THE 990 AFTER IT IS FILED. THERE ARE TWO BOARD MEMBERS ON THE AUDIT COMMITTEE.
IRS990ScheduleO/GeneralExplanation/Explanation2ALL BOARD MEMBERS, STAFF AND COMMITTEE MEMBERS ARE REQUIRED TO SIGN A CONFLICT OF INTEREST FORM EACH YEAR.
IRS990ScheduleO/GeneralExplanation/Explanation3ALL BOARD MEMBERS, STAFF AND COMMITTEE MEMBERS ARE REQUIRED TO SIGN A CONFLICT OF INTEREST FORM EACH YEAR. THE EXECUTIVE DIRECTOR SALARY ARE REVIEWED AND APPROVED BY EXECUTIVE COMMITTEE.
IRS990ScheduleO/GeneralExplanation/Explanation4UPON REQUEST.
IRS990ScheduleO/GeneralExplanation/Explanation5DRAFTS OF AUDITED FINANCIALS ARE REVIEWED BY MANAGEMENT AND EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE DETERMINES SELECTION OF INDEPENDENT ACCOUNTANT.
IRS990ScheduleO/GeneralExplanation/Identifier0FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/GeneralExplanation/Identifier1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/GeneralExplanation/ReturnReference0FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/GeneralExplanation/ReturnReference1FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/GeneralExplanation/ReturnReference2FORM 990, PART VI, SECTION C, LINE 19
IRS990/ScheduleORequired01
IRS990/School00
IRS990/SignificantChange00
IRS990/SignificantNewProgramServices00
IRS990/StateLegalDomicile0DE

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$25.6$14.1$11.5$4.61$3.76$0.85
2023Summary only. Only limited summary data is available for this year.$24.4$13.7$10.7$3.78$3.39$0.39
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$22.1$11.8$10.3$3.14$3.51$0.37
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$20.2$9.50$10.7$8.30$2.59$5.71
2020Summary only. Only limited summary data is available for this year.$14.5$9.58$4.97$4.01$2.77$1.24
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.6$7.85$3.72$2.17$1.93$0.23
2018Summary only. Only limited summary data is available for this year.$11.7$8.21$3.49$2.64$2.00$0.65
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.98$7.14$2.84$1.84$1.81$0.03
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.00$6.20$2.81$1.50$1.45$0.05
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.95$5.19$2.76$1.09$1.23$0.14
2014Detailed filing. Detailed filing data is available for this year.$7.48$4.59$2.89$1.26$0.99$0.27
2013Detailed filing. Detailed filing data is available for this year.$6.63$4.01$2.62$0.82$1.35$0.54
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.86$3.71$3.15$1.14
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.53$4.01$3.52$1.18
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.52$3.77$3.74$1.25