Civic Intelligence

Washington Area Community Investment

EIN 54-1442466 • 501(c)3 • Washington, DC

View Organization Page

Profile

The washington area community investment fund (wacif) is a nonprofit community loan fund focused on increasing equity and economic opportunity in the washington, dc area's underserved communities. Wacif's mission is driven is driven by three strategic pillars: inclusive entrepreneurship, community wealth building, and equitable economic opportunity, and is fulfilled by providing access to capital products and services, and capacity building advisory services to low- and moderate-income entrepreneurs.

2012 Rhode Island Avenue NEWashington, DC 20018

www.wacif.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

77th percentile

0.53x

Higher debt load relative to assets than 77% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

86th percentile

1.54x

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

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

6th percentile

-54%

Higher net margin than 6% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

6th percentile

-16%

Faster asset growth than 6% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

5th percentile

-46%

Faster revenue growth than 5% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets77th percentile

Assets

Down

$12,057,310

Down $2,277,985 (-16%) from 2023

Liabilities

Down

$6,369,850

Down $21,632 (-0.3%) from 2023

Net Assets

Down

$5,687,460

Down $2,256,353 (-28%) from 2023

Operations
Liabilities / Revenue86th percentileNet Margin6th percentile

Revenue

Down

$4,141,530

Down $3,474,977 (-46%) from 2023

Expenses

Down

$6,386,456

Down $4,462,126 (-41%) from 2023

Net Income

Up

-$2,244,926

Up $987,149 (+31%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth6th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$20M$15M$10M$5.0M$0-$5.0MAssets 2010: $4,183,020Liabilities 2010: $3,965,401Net Assets 2010: $217,6192010Assets 2011: $2,654,975Liabilities 2011: $2,461,018Net Assets 2011: $193,9572011Assets 2012: $4,068,202Liabilities 2012: $3,983,644Net Assets 2012: $84,5582012Assets 2013: $4,270,210Liabilities 2013: $4,073,372Net Assets 2013: $196,8382013Assets 2014: $5,332,810Liabilities 2014: $5,101,889Net Assets 2014: $230,9212014Assets 2015: $4,590,411Liabilities 2015: $4,342,173Net Assets 2015: $248,2382015Assets 2016: $4,106,767Liabilities 2016: $4,512,842Net Assets 2016: -$406,0752016Assets 2017: $4,205,842Liabilities 2017: $4,526,921Net Assets 2017: -$321,0792017Assets 2018: $4,794,433Liabilities 2018: $3,990,258Net Assets 2018: $804,1752018Assets 2019: $6,557,543Liabilities 2019: $4,249,050Net Assets 2019: $2,308,4932019Assets 2020: $11,726,882Liabilities 2020: $5,756,862Net Assets 2020: $5,970,0202020Assets 2021: $14,906,500Liabilities 2021: $5,994,483Net Assets 2021: $8,912,0172021Assets 2022: $16,503,969Liabilities 2022: $5,371,145Net Assets 2022: $11,132,8242022Assets 2023: $14,335,295Liabilities 2023: $6,391,482Net Assets 2023: $7,943,8132023Assets 2024: $12,057,310Liabilities 2024: $6,369,850Net Assets 2024: $5,687,4602024

Highlighted filing

2024

Assets$12,057,310
Liabilities$6,369,850
Net Assets$5,687,460
Open 2024 Filing

Operations Trend

Revenue Growth5th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$15M$10M$5.0M$0-$5.0MRevenue 2010: $911,656Expenses 2010: $568,991Net Income 2010: $342,6652010Revenue 2011: $836,261Expenses 2011: $859,067Net Income 2011: -$22,8062011Revenue 2012: $785,410Expenses 2012: $895,138Net Income 2012: -$109,7282012Revenue 2013: $1,359,614Expenses 2013: $1,240,558Net Income 2013: $119,0562013Revenue 2014: $1,378,846Expenses 2014: $1,344,763Net Income 2014: $34,0832014Revenue 2015: $1,106,683Expenses 2015: $1,089,366Net Income 2015: $17,3172015Revenue 2016: $967,314Expenses 2016: $1,621,627Net Income 2016: -$654,3132016Revenue 2017: $1,328,274Expenses 2017: $1,243,278Net Income 2017: $84,9962017Revenue 2018: $3,170,161Expenses 2018: $2,044,907Net Income 2018: $1,125,2542018Revenue 2019: $3,904,649Expenses 2019: $2,050,331Net Income 2019: $1,854,3182019Revenue 2020: $6,397,191Expenses 2020: $2,735,664Net Income 2020: $3,661,5272020Revenue 2021: $7,620,930Expenses 2021: $4,660,784Net Income 2021: $2,960,1462021Revenue 2022: $9,086,978Expenses 2022: $6,866,291Net Income 2022: $2,220,6872022Revenue 2023: $7,616,507Expenses 2023: $10,848,582Net Income 2023: -$3,232,0752023Revenue 2024: $4,141,530Expenses 2024: $6,386,456Net Income 2024: -$2,244,9262024

Highlighted filing

2024

Revenue$4,141,530
Expenses$6,386,456
Net Income-$2,244,926
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$12,057,310
Liabilities
$6,369,850
Net assets
$5,687,460
Revenue
$4,141,530
Expenses
$6,386,456
Net income
-$2,244,926
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$12.1$6.37$5.69$4.14$6.39$2.24
2023Detailed filing. Detailed filing data is available for this year.$14.3$6.39$7.94$7.62$10.8$3.23
2022Detailed filing. Detailed filing data is available for this year.$16.5$5.37$11.1$9.09$6.87$2.22
2021Detailed filing. Detailed filing data is available for this year.$14.9$5.99$8.91$7.62$4.66$2.96
2020Detailed filing. Detailed filing data is available for this year.$11.7$5.76$5.97$6.40$2.74$3.66
2019Detailed filing. Detailed filing data is available for this year.$6.56$4.25$2.31$3.90$2.05$1.85
2018Detailed filing. Detailed filing data is available for this year.$4.79$3.99$0.80$3.17$2.04$1.13
2017Detailed filing. Detailed filing data is available for this year.$4.21$4.53$0.32$1.33$1.24$0.08
2016Detailed filing. Detailed filing data is available for this year.$4.11$4.51$0.41$0.97$1.62$0.65
2015Detailed filing. Detailed filing data is available for this year.$4.59$4.34$0.25$1.11$1.09$0.02
2014Detailed filing. Detailed filing data is available for this year.$5.33$5.10$0.23$1.38$1.34$0.03
2013Detailed filing. Detailed filing data is available for this year.$4.27$4.07$0.20$1.36$1.24$0.12
2012Summary only. Only limited summary data is available for this year.$4.07$3.98$0.08$0.79$0.90$0.11
2011Summary only. Only limited summary data is available for this year.$2.65$2.46$0.19$0.84$0.86$0.02
2010Summary only. Only limited summary data is available for this year.$4.18$3.97$0.22$0.91$0.57$0.34
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jul 18, 2025
Return Version
2024v5.2
Gross Receipts
$4,141,530
Mission and Program Overview

Mission

The Washington Area Community Investment Fund (Wacif) is a nonprofit community loan fund focused on increasing equity and economic opportunity in the Washington, DC area's underserved communities. Wacif's mission is driven is driven by three strategic pillars: inclusive entrepreneurship, community wealth building, and equitable economic opportunity, and is fulfilled by providing access to capital products and services, and capacity building advisory services to low- and moderate-income entrepreneurs.

To increase equity and economic opportunity by investing knowledge, social, and financial capital in low- and moderate-income washington area entrepreneurs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$3,615,955$4,868,570▲ $1,252,615
Cash and Non-Interest-Bearing Accounts$1,994,893$3,791,288▲ $1,796,395
Savings and Temporary Cash Investments$5,208,228$1,897,758▼ $3,310,470
Pledges and Grants Receivable$1,380,261$611,822▼ $768,439
Prepaid Expenses and Deferred Charges$127,950$106,118▼ $21,832
Accounts Receivable$206,698$101,493▼ $105,205
Land, Buildings, and Equipment, Net$29,027$0▼ $29,027
Loans From Officers Directors$1,000$1,000→ $0
Investments in Publicly Traded Securities$239$239→ $0
Total Assets$14,335,295$12,057,310▼ $2,277,985
Other Assets Total$1,772,044$680,022▼ $1,092,022
Liabilities
Unsecured Notes Loans Payable$3,952,287$3,729,548▼ $222,739
Deferred Revenue$222,630$1,980,042▲ $1,757,412
Mortgage Notes Payable Secured by Investment Property$495,447$287,315▼ $208,132
Other Liabilities$226,099$164,541▼ $61,558
Accounts Payable and Accrued Expenses$856,426$131,471▼ $724,955
Escrow Account Liability$637,593$75,933▼ $561,660
Total Liabilities$6,391,482$6,369,850▼ $21,632
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$6,879,468$4,533,714▼ $2,345,754
Net Assets With Donor Restrictions$1,064,345$1,153,746▲ $89,401
Total Net Assets Fund Balance$7,943,813$5,687,460▼ $2,256,353
Total Liabilities and Net Assets / Fund Balance$14,335,295$12,057,310▼ $2,277,985

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$0$157,236$157,236
Equipment$0$106,861$106,861
Investment Program Related Org$4,868,570--
Other Assets Org$158,658--
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
Shannan HerbertChief Executive OfficerFT$194,947$38,544$233,491
Megan CarrasChief Development OfficerFT$162,222$29,030$191,252
Kimberly GayleChief Programs OfficerFT$168,027$19,996$188,023
Shauna YeldellChief Lending Officer Until 10/16/24FT$152,730$34,648$187,378
Messay DerebeAac General DirectorPT$146,736$14,950$161,686
Sherry GustafsonDirector of Finance Until 12/06/2024FT$142,806$16,677$159,483
Junell VenordSenior Human Capital DirectorFT$143,488$13,399$156,887
Kevin FryattCfoo & Co-interim CEO Until 5/3/24FT$82,837$11,988$94,825

Board Members and Trustees

NameTitle
Nancy StarkBoard Chair
Robert RiordanBoard Vice Chair
Abigail SuarezBoard Member
Andrea LongtonBoard Member
Aquil StinsonBoard Member
Caryln MaddenBoard Member
Corey GriffinBoard Member
Courtney R SnowdenBoard Member
Emeka MonemeBoard Member
Evan PiekaraBoard Member
Jessel AminBoard Member
Klade Hare NersasianBoard Member
Maceo ClarkBoard Member
Malachi MckinneyBoard Member
Marisa G FlowersBoard Member
Matthias GlattingBoard Member
Nora Diamond-jonesSecretary
Brian NagendraTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$3,021,151
Program Service Revenue
$887,456
Investment Income
$163,216
Other Revenue
$69,707
All Other Contributions
$1,812,614
Change in Net Assets
$-2,244,926
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,806,441
Other Expenses$1,836,749
Total Fundraising Expense$1,148,932
Grants and Similar Amounts Paid$719,366
Professional Fundraising Fees$23,900

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,508,603$422,631$666,557$2,597,791
Grants to Domestic Orgs$719,366--$719,366
Current Officers, Directors, Trustees, and Key Employees$229,739$277,924$14,413$522,076
Fees for Services Other$255,476$83,181$80,279$418,936
Other Employee Benefits$243,898$58,938$64,679$367,515
Other Expenses$315,452$1,155$485$317,092
Information Technology$152,295$83,122$54,872$290,289
Payroll Taxes$128,819$48,531$49,762$227,112
Occupancy$171,808$27,544$15,574$214,926
Advertising$18,527$2,197$93,649$114,373
Office Expenses$57,649$30,482$13,035$101,166
Travel$67,267$15,101$18,271$100,639
Fees for Services Accounting$49,615$31,412$14,238$95,265
Pension Plan Contributions$58,105$16,920$16,922$91,947
Interest$90,670$857$359$91,886
Depreciation Depletion$13,462$4,773$10,792$29,027
Fees for Services Professional Fundraising--$23,900$23,900
Conferences and Meetings$12,113$5,512$5,559$23,184
Fees for Services Legal$12,651$6,805$2,531$21,987
Insurance$9,387$5,537$3,055$17,979
Total Functional Expenses$4,114,902$1,122,622$1,148,932$6,386,456
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Anacostia Entrepreneurship Center IncWashington, DC-Operating Support$621,716
Yeleen Beauty LLCWashington, DC501(c)(3)Operating Support$30,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$23,900
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
Loans from Officers, Directors, Trustees, and Key Employees$1,000$1,000→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liability$164,541
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“Firstly, wacif reviews the draft federal form 990 at the management level. Secondly, it is then presented to the board-level finance & audit committee for review. Once reviewed and deemed ready for approval, the finance & audit committee then provides a recommendation to the board of directors to approve the document. Upon board of directors approval, the federal form 990 is ready for filing with the internal revenue service.”

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

“Wacif's conflict of interest policy is signed by all staff and board members upon commencing their professional relationship to wacif. On an annual basis, all staff and board members re-sign wacif's conflict of interest policy, disclosing any potential conflicts of interest. Any conflicts of interest that exist are discussed among the board of directors.”

Form 990, Part VI, Section B, Line 15

“Ceo compensation was set using external market rate research conducted by a third party, and approved by the executive committee with input from the full board of directors. Future adjustments will be dependent on meeting established performance goals. Performance evaluations, salary surveys, expert knowledge and experience and organizational budget are often key determinants of the ceo's salary. The chief financial & operations officer and other key employees' salaries are determined by the ceo, in conjunction with budget availability overseen by the board of directors. Any subsequent adjustments to salary levels of officers or key employees are determined through review of job performance, goals, and within industry standards to ensure competitiveness.”

Form 990, Part VI, Section C, Line 19

“Wacif's governing documents, including its organizational bylaws, audited financial statements, federal form 990s, and conflict of interest policy, are made available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Washington Area Community Investment
EIN
54-1442466
Phone
2025295505
Address
2012 RHODE ISLAND AVENUE NE, WASHINGTON, DC 20018

Signing Officer

Name
Brian Nagendra
Title
Chief Executive Officer
Phone
2025295505
Signed
2025-07-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Shannan Herbert
Formed
1987
Legal Domicile
Va
Voting Board Members
18
Independent Board Members
17
Employees
48
Volunteers
18

Preparer

Firm
Mitchell & Titus Llp
Address
80 PINE STREET 32ND FL, NEW YORK, NY 10005
Preparer
Qian Zhang
Phone
2127094500
Supplemental Narrative

Financial Statement Notes

PART IV, LINE 2B:

“In 2024, wacif acted as an agent and intermediary for the office of the state superintendent of education (osse) and the dc deputy mayor for planning and economic development (dmped), distributing grant funds to various small businesses in washington, d.c. Wacif has been selected to manage and service certain funds and programs on behalf of the federal government, district of columbia, and other third-party organizations. Such funds and programs include the small business administration (sba) microloan program, streetscape loan relief fund, district capitalized loan program, tenant settlement fund and dc department of insurance, securities and banking (disb) with purposes of providing loans to small businesses and other reimbursements to tenants in accordance with settlement agreements. These funds are included in restricted cash (assets) and funds held on behalf of others (liabilities) in the accompanying statement of financial position.”

PART X, LINE 2:

“Wacif follows the authoritative guidance relating to accounting for uncertainty in income taxes included in fasb asc topic 740, income taxes. Wacif performed an evaluation of uncertainty in income taxes for the year ended december 31, 2024, and determined that there were no matters that would require recognition in the consolidated financial statements or that may have any effect on its tax-exempt status. As of december 31, 2024, the statute of limitations for tax years ended december 31, 2019, through december 31, 2022, remained open with the u.s. Federal jurisdiction or various states and local jurisdictions in which wacif files tax returns; however, there are currently no examinations in progress. It is wacif's policy to recognize interest and/or penalties related to uncertainty in income taxes, if any, in income tax or interest expense.”

Raw XML AppendixShowing 400 of 917 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/BOYAmt0856426
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0131471
IRS990/AccountsReceivableGrp/BOYAmt0206698
IRS990/AccountsReceivableGrp/EOYAmt0101493
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO INCREASE EQUITY AND ECONOMIC OPPORTUNITY BY INVESTING KNOWLEDGE, SOCIAL, AND FINANCIAL CAPITAL IN LOW- AND MODERATE-INCOME WASHINGTON AREA ENTREPRENEURS.
IRS990/AdvertisingGrp/FundraisingAmt093649
IRS990/AdvertisingGrp/ManagementAndGeneralAmt02197
IRS990/AdvertisingGrp/ProgramServicesAmt018527
IRS990/AdvertisingGrp/TotalAmt0114373
IRS990/AllOtherContributionsAmt01812614
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0JOHN MCLEAN
IRS990/BooksInCareOfDetail/PhoneNum02025295505
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt02012 RHODE ISLAND AVENUE NE
IRS990/BooksInCareOfDetail/USAddress/CityNm0WASHINGTON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0DC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd020018
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt01994893
IRS990/CashNonInterestBearingGrp/EOYAmt03791288
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt014413
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0277924
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0229739
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0522076
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConferencesMeetingsGrp/FundraisingAmt05559
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt05512
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt012113
IRS990/ConferencesMeetingsGrp/TotalAmt023184
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd01
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt03021151
IRS990/CYGrantsAndSimilarPaidAmt0719366
IRS990/CYInvestmentIncomeAmt0163216
IRS990/CYOtherExpensesAmt01836749
IRS990/CYOtherRevenueAmt069707
IRS990/CYProgramServiceRevenueAmt0887456
IRS990/CYRevenuesLessExpensesAmt0-2244926
IRS990/CYSalariesCompEmpBnftPaidAmt03806441
IRS990/CYTotalExpensesAmt06386456
IRS990/CYTotalFundraisingExpenseAmt01148932
IRS990/CYTotalProfFndrsngExpnsAmt023900
IRS990/CYTotalRevenueAmt04141530
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt0222630
IRS990/DeferredRevenueGrp/EOYAmt01980042
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/FundraisingAmt010792
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt04773
IRS990/DepreciationDepletionGrp/ProgramServicesAmt013462
IRS990/DepreciationDepletionGrp/TotalAmt029027
IRS990/Desc0SMALL BUSINESS ADVISORY SERVICES - WACIF PROVIDES A VARIETY OF ADVISORY OPPORTUNITIES IN UNDERSERVED D.C. AREA COMMUNITIES INCLUDING GROUP CLASSES, ONE-ON-ONE ADVISEMENT ON SPECIFIC CAPACITY BUILDING ISSUES TO IDENTIFY AREAS OF GROWTH, AND INTENSIVE, COHORT-BASED PROGRAMS LIKE OUR ASCEND CAPITAL ACCELERATOR. WACIF'S SMALL BUSINESS ADVISORY EXPERTISE AND OFFERINGS COVER TOPICS INCLUDING BUSINESS PLANNING, MARKETING, FINANCIAL MANAGEMENT, LAW, REAL ESTATE, AND GETTING TRANSACTION-READY.IN 2024, WACIF MADE A POWERFUL DIFFERENCE, DELIVERING A TRANSFORMATIVE YEAR OF IMPACT. WACIF HOSTED 101 EVENTS WITH A COMBINED 4,254 ATTENDEES AND PROVIDED OVER 2,026 HOURS OF TECHNICAL ASSISTANCE, EMPOWERING ENTREPRENEURS AND SMALL BUSINESS OWNERS WITH THE TOOLS THEY NEED TO SUCCEED.THROUGH STRATEGIC COLLABORATION WITH MORE THAN 70 GROWTH PARTNERS, PROFESSIONAL SERVICE PROVIDERS, INSTRUCTORS, ARTISTS, AND CREATIVES, WACIF DELIVERED TOP-TIER SUPPORT THAT STRENGTHENED OUR CLIENTS' PATHWAYS TO GROWTH AND SUSTAINABILITY. ADDITIONALLY, OUR OUTREACH AND ENGAGEMENT EFFORTS EXTENDED TO OVER 20 ORGANIZATIONS ACROSS MARYLAND AND VIRGINIA, WHERE WE LED PANEL DISCUSSIONS, DELIVERED CAPITAL READINESS TRAINING, AND BUILT STRONGER ENTREPRENEURIAL ECOSYSTEMS. THESE ACHIEVEMENTS WERE MADE POSSIBLE BY LEVERAGING 12 GRANTS, WITH FUNDERS INVESTING OVER $6.4 MILLION TO FUEL ADVISORY SERVICES PROGRAMMING.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt01064345
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt01153746
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt048
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/EscrowAccountLiabilityGrp/BOYAmt0637593
IRS990/EscrowAccountLiabilityGrp/EOYAmt075933
IRS990/ExpenseAmt02585145
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesAccountingGrp/FundraisingAmt014238
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt031412
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt049615
IRS990/FeesForServicesAccountingGrp/TotalAmt095265
IRS990/FeesForServicesLegalGrp/FundraisingAmt02531
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt06805
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt012651
IRS990/FeesForServicesLegalGrp/TotalAmt021987
IRS990/FeesForServicesOtherGrp/FundraisingAmt080279
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt083181
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0255476
IRS990/FeesForServicesOtherGrp/TotalAmt0418936
IRS990/FeesForServicesProfFundraising/FundraisingAmt023900
IRS990/FeesForServicesProfFundraising/TotalAmt023900
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt90.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt100.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt110.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt120.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt130.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt150.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt160.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt170.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt184.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt190.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt204.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt210.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt220.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt230.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt2412.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt250.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt03.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
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/AverageHoursPerWeekRt131.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt141.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt151.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt161.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt171.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1840.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1940.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt2040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt2140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt2240.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt2340.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt2430.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt2540.00
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/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd15X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd16X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd17X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd6X
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/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1811988
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1919996
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2023544
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2134648
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt229462
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2313399
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2414950
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2516677
IRS990/Form990PartVIISectionAGrp/PersonNm0NANCY STARK
IRS990/Form990PartVIISectionAGrp/PersonNm1NORA DIAMOND-JONES
IRS990/Form990PartVIISectionAGrp/PersonNm2ROBERT RIORDAN
IRS990/Form990PartVIISectionAGrp/PersonNm3BRIAN NAGENDRA
IRS990/Form990PartVIISectionAGrp/PersonNm4COURTNEY R SNOWDEN
IRS990/Form990PartVIISectionAGrp/PersonNm5MARISA G FLOWERS
IRS990/Form990PartVIISectionAGrp/PersonNm6JESSEL AMIN
IRS990/Form990PartVIISectionAGrp/PersonNm7CARYLN MADDEN
IRS990/Form990PartVIISectionAGrp/PersonNm8EMEKA MONEME
IRS990/Form990PartVIISectionAGrp/PersonNm9KLADE HARE NERSASIAN
IRS990/Form990PartVIISectionAGrp/PersonNm10ABIGAIL SUAREZ
IRS990/Form990PartVIISectionAGrp/PersonNm11COREY GRIFFIN
IRS990/Form990PartVIISectionAGrp/PersonNm12MATTHIAS GLATTING
IRS990/Form990PartVIISectionAGrp/PersonNm13AQUIL STINSON
IRS990/Form990PartVIISectionAGrp/PersonNm14MACEO CLARK
IRS990/Form990PartVIISectionAGrp/PersonNm15ANDREA LONGTON
IRS990/Form990PartVIISectionAGrp/PersonNm16MALACHI MCKINNEY
IRS990/Form990PartVIISectionAGrp/PersonNm17EVAN PIEKARA
IRS990/Form990PartVIISectionAGrp/PersonNm18KEVIN FRYATT
IRS990/Form990PartVIISectionAGrp/PersonNm19KIMBERLY GAYLE
IRS990/Form990PartVIISectionAGrp/PersonNm20SHANNAN HERBERT
IRS990/Form990PartVIISectionAGrp/PersonNm21SHAUNA YELDELL
IRS990/Form990PartVIISectionAGrp/PersonNm22MEGAN CARRAS
IRS990/Form990PartVIISectionAGrp/PersonNm23JUNELL VENORD
IRS990/Form990PartVIISectionAGrp/PersonNm24MESSAY DEREBE
IRS990/Form990PartVIISectionAGrp/PersonNm25SHERRY GUSTAFSON
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/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1882837
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt19168027
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20209947
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt21152730
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt22181790
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt23143488
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt24146736
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt25142806
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/ReportableCompFromRltdOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt250
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt15BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt16BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt17BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt18CFOO & CO-INTERIM CEO UNTIL 5/3/24
IRS990/Form990PartVIISectionAGrp/TitleTxt19CHIEF PROGRAMS OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt20CHIEF EXECUTIVE OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt21CHIEF LENDING OFFICER UNTIL 10/16/24
IRS990/Form990PartVIISectionAGrp/TitleTxt22CHIEF DEVELOPMENT OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt23SENIOR HUMAN CAPITAL DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24AAC GENERAL DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt25DIRECTOR OF FINANCE UNTIL 12/06/2024
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01987
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt018
IRS990/GovernmentGrantsAmt01208537
IRS990/GrantAmt0715366
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0719366
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0719366
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt04141530
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt017
IRS990/IndivRcvdGreaterThan100KCnt010
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt054872
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt083122
IRS990/InformationTechnologyGrp/ProgramServicesAmt0152295
IRS990/InformationTechnologyGrp/TotalAmt0290289
IRS990/InsuranceGrp/FundraisingAmt03055
IRS990/InsuranceGrp/ManagementAndGeneralAmt05537
IRS990/InsuranceGrp/ProgramServicesAmt09387
IRS990/InsuranceGrp/TotalAmt017979
IRS990/InterestGrp/FundraisingAmt0359
IRS990/InterestGrp/ManagementAndGeneralAmt0857
IRS990/InterestGrp/ProgramServicesAmt090670
IRS990/InterestGrp/TotalAmt091886
IRS990/InvestmentIncomeGrp/ExclusionAmt0163216
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0163216
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt03615955
IRS990/InvestmentsProgramRelatedGrp/EOYAmt04868570
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0239
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0239
IRS990/IRPDocumentCnt076
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0264097
IRS990/LandBldgEquipBasisNetGrp/BOYAmt029027
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LandBldgEquipCostOrOtherBssAmt0264097
IRS990/LegalDomicileStateCd0VA
IRS990/LoanOutstandingInd01
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt01000
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt01000
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE WASHINGTON AREA COMMUNITY INVESTMENT FUND (WACIF) IS A NONPROFIT COMMUNITY LOAN FUND FOCUSED ON INCREASING EQUITY AND ECONOMIC OPPORTUNITY IN THE WASHINGTON, DC AREA'S UNDERSERVED COMMUNITIES. WACIF'S MISSION IS DRIVEN IS DRIVEN BY THREE STRATEGIC PILLARS: INCLUSIVE ENTREPRENEURSHIP, COMMUNITY WEALTH BUILDING, AND EQUITABLE ECONOMIC OPPORTUNITY, AND IS FULFILLED BY PROVIDING ACCESS TO CAPITAL PRODUCTS AND SERVICES, AND CAPACITY BUILDING ADVISORY SERVICES TO LOW- AND MODERATE-INCOME ENTREPRENEURS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0495447
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0287315
IRS990/NetAssetsOrFundBalancesBOYAmt07943813
IRS990/NetAssetsOrFundBalancesEOYAmt05687460
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-11427
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt06879468
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt04533714
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt015574
IRS990/OccupancyGrp/ManagementAndGeneralAmt027544
IRS990/OccupancyGrp/ProgramServicesAmt0171808
IRS990/OccupancyGrp/TotalAmt0214926
IRS990/OfficeExpensesGrp/FundraisingAmt013035
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt030482
IRS990/OfficeExpensesGrp/ProgramServicesAmt057649
IRS990/OfficeExpensesGrp/TotalAmt0101166
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01772044
IRS990/OtherAssetsTotalGrp/EOYAmt0680022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.