Liabilities / Assets
61st percentile
Higher debt load relative to assets than 61% of similar nonprofits.
990 • Fiscal year 2021 • EIN 56-1872877
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
61st percentile
Higher debt load relative to assets than 61% of similar nonprofits.
Liabilities / Revenue
70th percentile
Higher debt load relative to revenue than 70% of similar nonprofits.
Net Margin
89th percentile
Higher net margin than 89% of similar nonprofits.
Top Officer Pay
38th percentile
Higher top officer pay than 38% of similar nonprofits.
Top officer pay equals 2.7% of source-year revenue.
Asset Growth
75th percentile
Faster asset growth than 75% of similar nonprofits.
Revenue Growth
71st percentile
Faster revenue growth than 71% of similar nonprofits.
Assets
Up$3,626,382
Up $766,484 (+27%) from 2020
Net Assets
Up$2,765,650
Up $1,021,149 (+59%) from 2020
Liabilities
Down$860,732
Down $254,665 (-23%) from 2020
Revenue
Up$1,839,047
Up $462,632 (+34%) from 2020
Expenses
Up$757,997
Up $57,722 (+8.2%) from 2020
Net Income
Up$1,081,050
Up $404,910 (+60%) from 2020
To generate economic growth, encourage small business development, create jobs, and revitalize neighborhoods by providing loans and financial services to underserved businesses
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Pledges and Grants Receivable | $154,500 | $1,185,000 | ▲ $1,030,500 |
| Cash and Non-Interest-Bearing Accounts | $1,328,123 | $1,161,083 | ▼ $167,040 |
| Other Notes and Loans Receivable, Net | $1,064,444 | $1,144,528 | ▲ $80,084 |
| Savings and Temporary Cash Investments | $119,198 | $104,236 | ▼ $14,962 |
| Accounts Receivable | $1,405 | $26,901 | ▲ $25,496 |
| Land, Buildings, and Equipment, Net | $5,487 | $2,839 | ▼ $2,648 |
| Prepaid Expenses and Deferred Charges | $1,455 | $1,399 | ▼ $56 |
| Total Assets | $2,675,008 | $3,626,382 | ▲ $951,374 |
| Other Assets Total | $396 | $396 | → $0 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $884,322 | $860,732 | ▼ $23,590 |
| Unsecured Notes Loans Payable | $231,075 | - | - |
| Total Liabilities | $1,115,397 | $860,732 | ▼ $254,665 |
| Net Assets / Fund Balance | |||
| Net Assets With Donor Restrictions | $731,684 | $1,690,722 | ▲ $959,038 |
| Net Assets Without Donor Restrictions | $827,927 | $1,074,928 | ▲ $247,001 |
| Total Net Assets Fund Balance | $1,559,611 | $2,765,650 | ▲ $1,206,039 |
| Total Liabilities and Net Assets / Fund Balance | $2,675,008 | $3,626,382 | ▲ $951,374 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $2,839 | $9,671 | - |
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Wilson Lester | Director | - | $49,325 | $49,325 |
| George Jones jr | Executive DIrector | FT | $39,067 | $39,067 |
| Name | Title |
|---|---|
| Karl Robinson | Chairman |
| Scott Baker | Vice President |
| Kim Cameron | Director |
| Lora Cubbage | Director |
| Melanie Tuttle | Director |
| Michael Schiftan | Director |
| Eresterine Guidry | Secretary |
| Rudolph H Clark Jr | Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $450,303 |
| Salaries, Compensation, and Employee Benefits | $231,123 |
| Grants and Similar Amounts Paid | $76,571 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Fees for Services Other | $33,109 | $144,343 | - | $177,452 |
| Other Salaries and Wages | $103,005 | $11,180 | - | $114,185 |
| Current Officers, Directors, Trustees, and Key Employees | $61,875 | $26,517 | - | $88,392 |
| Grants to Domestic Orgs | $76,571 | - | - | $76,571 |
| Information Technology | $50,758 | $4,626 | - | $55,384 |
| Fees for Services Accounting | - | $41,904 | - | $41,904 |
| Other Employee Benefits | $12,239 | $2,194 | - | $14,433 |
| Payroll Taxes | $11,519 | $2,594 | - | $14,113 |
| Travel | $10,025 | - | - | $10,025 |
| Occupancy | $8,084 | $1,802 | - | $9,886 |
| Interest | - | $5,250 | - | $5,250 |
| Office Expenses | $1,093 | $3,257 | - | $4,350 |
| All Other Expenses | - | $4,342 | - | $4,342 |
| Other Expenses | $110,236 | $4,095 | - | $4,095 |
| Insurance | $2,774 | $618 | - | $3,392 |
| Advertising | - | $3,036 | - | $3,036 |
| Depreciation Depletion | $2,165 | $483 | - | $2,648 |
| Total Functional Expenses | $483,453 | $274,544 | $0 | $757,997 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $757,997 |
| Total Expenses per Audited Statements | $757,997 |
| Total Expenses per Form 990 | $757,997 |
| Expenses Not Reported on Financial Statements | $0 |
| Expenses Not Reported on Form 990 | $0 |
| Recipient | Location | Category | Purpose | Amount |
|---|---|---|---|---|
| Forsyth Technical Community College Foundation | Winston Salem, NC | - | Small business center | $5,000 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“Executive Director and Exec Committee of BOD reviews Form 990”
“Ad-hoc basis, if information becomes available”
“Documents are available on request”
“Piedmont Business Capital ("PBC") partnered with community organizations such as the Greensboro Merchants Association and the North Carolina Rural Center to distribute emergency loans and grants to businesses financially impacted by the COVID-19 Pandemic under certain conditions. This program ended as the Pandemic subsided.”
“Contract services: Program service expenses 33,109. Management and general expenses 143,820. Fundraising expenses 0. Total expenses 176,929. Other: Program service expenses 0. Management and general expenses 523. Fundraising expenses 0. Total expenses 523.”
“Rounding -11.”
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/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 884322 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 860732 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 1405 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 26901 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | TO GENERATE ECONOMIC GROWTH, ENCOURAGE SMALL BUSINESS DEVELOPMENT, CREATE JOBS, AND REVITALIZE NEIGHBORHOODS BY PROVIDING LOANS AND FINANCIAL SERVICES TO UNDERSERVED BUSINESSES |
| IRS990/AdvertisingGrp/ManagementAndGeneralAmt | 0 | 3036 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 3036 |
| IRS990/AllOtherContributionsAmt | 0 | 1758257 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 4342 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 4342 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/AuditCommitteeInd | 0 | 0 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | Rudolph H Clark Jr |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 3362569350 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 1451 S ELM-EUGENE ST STE 2125 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | GREENSBORO |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NC |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 27406 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 1328123 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 1161083 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt | 0 | 26517 |
| IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt | 0 | 61875 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 88392 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 0 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 1758257 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 76571 |
| IRS990/CYInvestmentIncomeAmt | 0 | 0 |
| IRS990/CYOtherExpensesAmt | 0 | 450303 |
| IRS990/CYOtherRevenueAmt | 0 | 3600 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 77190 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 1081050 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 231123 |
| IRS990/CYTotalExpensesAmt | 0 | 757997 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 1839047 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 483 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 2165 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 2648 |
| IRS990/Desc | 0 | Piedmont Business Capital ("PBC") has many services under its main lending program. PBC provided loans to Minority and Women owned businesses throughout the Piedmont region with the majority of loans received by borrowers living in Guilford and Forsythe counties of North Carolina. PBC issued 12 loans to businesses in 2021. In addition to business lending, PBC proviced technical assistance to members of the community, who may or may not be borrowers. Our assistance programs provide guidance to business owners to improve operation of their business. Many businesses received technical assistance during 2021. |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 0 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRestrictionNetAssetsGrp/BOYAmt | 0 | 731684 |
| IRS990/DonorRestrictionNetAssetsGrp/EOYAmt | 0 | 1690722 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 6 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | 1 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 483453 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 41904 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 41904 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 144343 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 33109 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 177452 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 4.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 4.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 3.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 4.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | Karl Robinson |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | Scott Baker |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | Rudolph H Clark Jr |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | Eresterine Guidry |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | Melanie Tuttle |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | Michael Schiftan |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | Kim Cameron |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | Lora Cubbage |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | WILSON LESTER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | George Jones jr |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 49325 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 39067 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | Chairman |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | Vice President |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | Treasurer |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | Secretary |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | Executive DIrector |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 9 |
| IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt | 0 | 76571 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 76571 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 1 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 1839047 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 1 |
| IRS990/IndependentVotingMemberCnt | 0 | 8 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartIXInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIInd | 0 | X |
| IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt | 0 | 4626 |
| IRS990/InformationTechnologyGrp/ProgramServicesAmt | 0 | 50758 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 55384 |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 618 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 2774 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 3392 |
| IRS990/InterestGrp/ManagementAndGeneralAmt | 0 | 5250 |
| IRS990/InterestGrp/TotalAmt | 0 | 5250 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 5 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 9671 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 5487 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 2839 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 12510 |
| IRS990/LegalDomicileStateCd | 0 | NC |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | TO GENERATE ECONOMIC GROWTH, ENCOURAGE SMALL BUSINESS DEVELOPMENT, CREATE JOBS, AND REVITALIZE NEIGHBORHOODS BY PROVIDING LOANS AND FINANCIAL SERVICES TO UNDERSERVED BUSINESSES |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 1559611 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 2765650 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 827927 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 1074928 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 1802 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 8084 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 9886 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 3257 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 1093 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 4350 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 396 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 396 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | -11 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 2194 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 12239 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 14433 |
| IRS990/OtherExpensesGrp/Desc | 0 | Loan Loss Adjustment |
| IRS990/OtherExpensesGrp/Desc | 1 | Miscellaneous |
| IRS990/OtherExpensesGrp/Desc | 2 | Meals and entertainment |
| IRS990/OtherExpensesGrp/Desc | 3 | Bank charges |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 10167 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 8136 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 2 | 4095 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 110236 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 110236 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 10167 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 8136 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 4095 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 0 | 522291 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | Miscellaneous Income |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 0 | 3600 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 3600 |
| IRS990/OtherRevenueTotalAmt | 0 | 3600 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 11180 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 103005 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 114185 |
| IRS990/OthNotesLoansReceivableNetGrp/BOYAmt | 0 | 1064444 |
| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 1144528 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 2594 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 11519 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 14113 |
| IRS990/PledgesAndGrantsReceivableGrp/BOYAmt | 0 | 154500 |
| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | 1185000 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 1455 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 1399 |
| IRS990/PrincipalOfficerNm | 0 | Rudolph H Clark Jr |
| IRS990/PriorPeriodAdjustmentsAmt | 0 | 125000 |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 900099 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 900099 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | Loan Interest |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | Loan service Fee |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 75690 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 1500 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 75690 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 1500 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 1338433 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 47472 |
| IRS990/PYInvestmentIncomeAmt | 0 | 0 |
| IRS990/PYOtherExpensesAmt | 0 | 394247 |
| IRS990/PYOtherRevenueAmt | 0 | 1282 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 36700 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 676140 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 258556 |
| IRS990/PYTotalExpensesAmt | 0 | 700275 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 1376415 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 1081050 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 1 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 0 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 119198 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 104236 |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 1758257 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 1338433 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 712260 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 400485 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 263550 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 4472985 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00000 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 0.97200 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 4472985 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 1758257 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 1338433 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 712260 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 400485 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 263550 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 4472985 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 1758257 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 1338433 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 712260 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 400485 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 263550 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 4472985 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | 1 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 2839 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 9671 |
| IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt | 0 | 12510 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 757997 |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 1839047 |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 2839 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 757997 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 1839047 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 1839047 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 757997 |
| IRS990ScheduleI/GrantRecordsMaintainedInd | 0 | 0 |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 0 | 5000 |
| IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt | 0 | 0 |
| IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt | 0 | Small business center |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt | 0 | Forsyth Technical Community College Foundation |
| IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt | 0 | 2100 Silas Creek Pkwy |
| IRS990ScheduleI/RecipientTable/USAddress/CityNm | 0 | Winston Salem |
| IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd | 0 | NC |
| IRS990ScheduleI/RecipientTable/USAddress/ZIPCd | 0 | 27103 |
| IRS990ScheduleI/Total501c3OrgCnt | 0 | 1 |
| IRS990ScheduleI/TotalOtherOrgCnt | 0 | 1 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Piedmont Business Capital ("PBC") partnered with community organizations such as the Greensboro Merchants Association and the North Carolina Rural Center to distribute emergency loans and grants to businesses financially impacted by the COVID-19 Pandemic under certain conditions. This program ended as the Pandemic subsided. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Executive Director and Exec Committee of BOD reviews Form 990 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Ad-hoc basis, if information becomes available |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Documents are available on request |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Contract services: Program service expenses 33,109. Management and general expenses 143,820. Fundraising expenses 0. Total expenses 176,929. Other: Program service expenses 0. Management and general expenses 523. Fundraising expenses 0. Total expenses 523. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | Rounding -11. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990, Part III, line 2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990, Part VI, Section B, line 11b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990, Part VI, Section B, line 12c |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990, Part VI, Section C, line 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Form 990, Part IX, line 11g |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Form 990, Part XI, line 9: |
| IRS990ScheduleR/AssetExchangeInd | 0 | 0 |
| IRS990ScheduleR/AssetPurchaseFromOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/AssetSaleToOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/DivRelatedOrganizationInd | 0 | 0 |
| IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd | 0 | 0 |
| IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd | 0 | 0 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd | 0 | 0 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt | 0 | No |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt | 0 | Greensboro Area Chanber of Commerce |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt | 0 | 501(c)(6) |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd | 0 | NC |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt | 0 | BUSINESS DEVELOPMENT |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt | 0 | 342 NORTH ELM STREET |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm | 0 | GREENSBORO |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd | 0 | NC |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd | 0 | 27401 |
| IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd | 0 | 0 |
| IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/PaidEmployeesSharingInd | 0 | 0 |
| IRS990ScheduleR/PerformOfServicesByOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/PerformOfServicesForOthOrgInd | 0 | 0 |
| IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd | 0 | 0 |
| IRS990ScheduleR/ReimbursementPaidByOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/ReimbursementPaidToOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd | 0 | 0 |
| IRS990ScheduleR/RentalOfFcltsFromOthOrgInd | 0 | 0 |
| IRS990ScheduleR/SharingOfFacilitiesInd | 0 | 0 |
| IRS990ScheduleR/TransferFromOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/TransferToOtherOrgInd | 0 | 0 |
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Displayed year
2021 • Form 990Detailed filing. Detailed filing data is available for this year.