Civic Intelligence

Carolina Small Business Development Fund

990 • Fiscal year 2023 • EIN 58-1903219

Jul 01, 2022 to Jun 30, 2023 • Filed on May 13, 2024

Organization ProfileWWW.CAROLINASMALLBUSINESS.ORG

View Organization Page

3128 Highwoods Blvd Suite 170Raleigh, NC 27604

(919) 803-1437

Siviq Scores

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

Liabilities / Assets

76th percentile

0.55x

Higher debt load relative to assets than 76% of similar nonprofits.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2023

Liabilities / Revenue

84th percentile

1.79x

Higher debt load relative to revenue than 84% of similar nonprofits.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2023

Net Margin

66th percentile

11%

Higher net margin than 66% of similar nonprofits.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2023

Top Officer Pay

42nd percentile

$227,160

Higher top officer pay than 42% of similar nonprofits.

Top officer pay equals 2.2% of source-year revenue.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2023

Asset Growth

3rd percentile

-20%

Faster asset growth than 3% of similar nonprofits.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2022 to 2023

Revenue Growth

90th percentile

63%

Faster revenue growth than 90% of similar nonprofits.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets76th percentile

Assets

Down

$34,372,780

Down $8,443,519 (-20%) from 2022

Net Assets

Up

$15,609,716

Up $1,147,949 (+7.9%) from 2022

Liabilities

Down

$18,763,064

Down $9,591,468 (-34%) from 2022

Revenue And Expenses
Liabilities / Revenue84th percentileNet Margin66th percentile

Revenue

Up

$10,484,327

Up $4,067,677 (+63%) from 2022

Expenses

Up

$9,336,378

Up $3,065,127 (+49%) from 2022

Net Income

Up

$1,147,949

Up $1,002,550 (+690%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth3rd percentile

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

$60M$40M$20M$0Assets 2011: $10,023,542Liabilities 2011: $1,523,235Net Assets 2011: $8,500,3072011Assets 2012: $12,411,755Liabilities 2012: $3,386,918Net Assets 2012: $9,024,8372012Assets 2013: $14,198,461Liabilities 2013: $4,355,747Net Assets 2013: $9,842,7142013Assets 2014: $16,935,894Liabilities 2014: $4,581,395Net Assets 2014: $12,354,4992014Assets 2015: $20,879,394Liabilities 2015: $8,188,249Net Assets 2015: $12,691,1452015Assets 2016: $29,790,758Liabilities 2016: $16,426,397Net Assets 2016: $13,364,3612016Assets 2017: $32,985,626Liabilities 2017: $18,820,473Net Assets 2017: $14,165,1532017Assets 2018: $38,007,117Liabilities 2018: $24,054,747Net Assets 2018: $13,952,3702018Assets 2019: $40,644,527Liabilities 2019: $25,876,194Net Assets 2019: $14,768,3332019Assets 2020: $42,296,968Liabilities 2020: $28,793,978Net Assets 2020: $13,502,9902020Assets 2021: $38,671,185Liabilities 2021: $24,354,817Net Assets 2021: $14,316,3682021Assets 2022: $42,816,299Liabilities 2022: $28,354,532Net Assets 2022: $14,461,7672022Assets 2023: $34,372,780Liabilities 2023: $18,763,064Net Assets 2023: $15,609,7162023Assets 2024: $36,552,890Liabilities 2024: $19,888,458Net Assets 2024: $16,664,4322024Assets 2025: $39,156,291Liabilities 2025: $22,126,442Net Assets 2025: $17,029,8492025

Highlighted filing

2023

Assets$34,372,780
Liabilities$18,763,064
Net Assets$15,609,716
Open 2023 Filing

Operations Trend

Revenue Growth90th percentile

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

$15M$10M$5.0M$0-$5.0MRevenue 2011: $4,207,672Expenses 2011: $3,341,394Net Income 2011: $866,2782011Revenue 2012: $3,384,033Expenses 2012: $2,859,503Net Income 2012: $524,5302012Expenses 2013: $3,532,5362013Revenue 2014: $5,052,206Expenses 2014: $2,540,421Net Income 2014: $2,511,7852014Revenue 2015: $2,591,674Expenses 2015: $2,255,028Net Income 2015: $336,6462015Revenue 2016: $5,109,835Expenses 2016: $4,436,619Net Income 2016: $673,2162016Revenue 2017: $7,173,700Expenses 2017: $6,372,908Net Income 2017: $800,7922017Revenue 2018: $6,835,372Expenses 2018: $7,048,155Net Income 2018: -$212,7832018Revenue 2019: $8,969,393Expenses 2019: $8,153,430Net Income 2019: $815,9632019Revenue 2020: $5,600,963Expenses 2020: $6,866,306Net Income 2020: -$1,265,3432020Revenue 2021: $7,982,393Expenses 2021: $7,169,015Net Income 2021: $813,3782021Revenue 2022: $6,416,650Expenses 2022: $6,271,251Net Income 2022: $145,3992022Revenue 2023: $10,484,327Expenses 2023: $9,336,378Net Income 2023: $1,147,9492023Revenue 2024: $7,993,989Expenses 2024: $6,939,273Net Income 2024: $1,054,7162024Revenue 2025: $7,889,556Expenses 2025: $7,524,139Net Income 2025: $365,4172025

Highlighted filing

2023

Revenue$10,484,327
Expenses$9,336,378
Net Income$1,147,949
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
May 13, 2024
Return Version
2022v5.0
Gross Receipts
$10,578,366
Mission and Program Overview

Mission

Our mission is to foster economic development in underserved communities by providing capital, business services, and policy research to support small businesses.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$27,703,356$25,783,353▼ $1,920,003
Cash and Non-Interest-Bearing Accounts$9,641,465$4,215,345▼ $5,426,120
Other Notes and Loans Receivable, Net$2,257,397$1,965,940▼ $291,457
Savings and Temporary Cash Investments$1,033,300$1,044,908▲ $11,608
Land, Buildings, and Equipment, Net$2,302$739,887▲ $737,585
Pledges and Grants Receivable$2,091,149$550,829▼ $1,540,320
Prepaid Expenses and Deferred Charges$87,330$72,518▼ $14,812
Total Assets$42,816,299$34,372,780▼ $8,443,519
Liabilities
Mortgage Notes Payable Secured by Investment Property$18,532,515$16,735,476▼ $1,797,039
Escrow Account Liability$9,259,045$782,137▼ $8,476,908
Other Liabilities-$751,351-
Accounts Payable and Accrued Expenses$185,926$267,783▲ $81,857
Deferred Revenue$377,046$226,317▼ $150,729
Total Liabilities$28,354,532$18,763,064▼ $9,591,468
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$12,120,465$14,252,088▲ $2,131,623
Net Assets With Donor Restrictions$2,341,302$1,357,628▼ $983,674
Total Net Assets Fund Balance$14,461,767$15,609,716▲ $1,147,949
Total Liabilities and Net Assets / Fund Balance$42,816,299$34,372,780▼ $8,443,519

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$739,887$140,859$880,746
Equipment-$296,543$296,543
Investment Program Related Org$-1,500,000--
Compensation and Service Providers
Top Officer Pay42nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kevin DickPresident &FT$205,081$22,079$227,160
Kevin DickPresident & CEO-$179,881$47,279$227,160
Mark RoysterChief CreditFT$133,812$20,015$153,827
Mark RoysterChief Credit Officer-$133,812$20,015$153,827
John SabistonCFOFT$121,526$22,149$143,675
Jamie MccallVP Policy &FT$118,445$16,801$135,246
Lori DiazVP BusinessFT$113,358$16,419$129,777
Ellysa SmithHuman ResourFT$100,938$15,772$116,710
Reginold JonesBusiness SolFT$101,516$6,179$107,695

Board Members and Trustees

NameTitle
Dr Paulette DillardBoard Chair
Tiffany Hall McneillBoard Secret
Huntley GarriottBoard Treasu
Ted ArcherBoard Vice C
Aaron ThomasDirector
Bobby RobinsonDirector
Dr Joseph FoxDirector
Frank PollockDirector
Grace NystrumDirector
Jeff MarshallDirector
Jeffrey HastingsDirector
Larry GarciaDirector
Leslie PersonDirector
Merrill FloodDirector
Pilar Rocha-goldbergDirector
Rodrick BanksDirector
Stephen DilleDirector
Nancy Patrick StroudFormer Board

Highest Paid Contractors

ContractorServicesLocationCompensation
Vann AttorneysLegal Services1720 HILLSBOROUGH ST, Raleigh, NC 27605$102,576
Revenue and Support

Revenue Composition

Contributions and Grants
$7,833,944
Program Service Revenue
$2,667,924
Investment Income
$72,374
Other Revenue
$-89,915
All Other Contributions
$360,182
Change in Net Assets
$1,147,949

Audited Revenue Reconciliation

Revenue per Audited Statements
$10,484,327
Revenue Not Reported on Form 990
$107,489
Total Revenue per Audited Statements
$10,591,816
Total Revenue per Form 990
$10,484,327
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,563,523
Salaries, Compensation, and Employee Benefits$3,518,210
Grants and Similar Amounts Paid$2,254,645
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$2,254,645--$2,254,645
Other Salaries and Wages$1,490,210$679,210-$2,169,420
Current Officers, Directors, Trustees, and Key Employees$485,834$221,433-$707,267
Fees for Services Other$482,185$182,410-$664,595
Interest$462,876--$462,876
Other Employee Benefits$196,285$89,463-$285,748
Payroll Taxes$161,020$73,390-$234,410
Occupancy$157,238$44,349-$201,587
Fees for Services Lobbying$164,540--$164,540
Information Technology$128,678$26,356-$155,034
Travel$116,194$32,773-$148,967
Fees for Services Legal$102,366$28,872-$131,238
Pension Plan Contributions$83,368$37,997-$121,365
Fees for Services Accounting$88,009$24,823-$112,832
All Other Expenses$88,381$14,771-$103,152
Office Expenses$78,937$21,162-$100,099
Advertising$50,066$12,517-$62,583
Insurance$43,908$12,384-$56,292
Other Expenses$43,187$12,181-$55,368
Conferences and Meetings$11,163$3,172-$14,335
Depreciation Depletion$1,796$507-$2,303
Total Functional Expenses$7,818,608$1,517,770$0$9,336,378

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$9,443,867
Expenses per Audited Statements$9,336,378
Total Expenses per Form 990$9,336,378
Expenses Not Reported on Form 990$107,489
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
A'S INITIATIVE LLCRaleigh, NC-Small Business Suppo$30,000
Acorn to Oak LLCRaleigh, NC-Small Business Suppo$30,000
Acupuncture Pain and Stress CenterRaleigh, NC-Small Business Suppo$30,000
Alps InsightsRaleigh, NC-Small Business Suppo$30,000
Arrichion IncRaleigh, NC-Small Business Suppo$30,000
Arrick and Associates Dds PllcRaleigh, NC-Small Business Suppo$30,000
Bittersweet Coffee IncRaleigh, NC-Small Business Suppo$30,000
Blount St Gourmands LLCRaleigh, NC-Small Business Suppo$30,000
Blown Away IncRaleigh, NC-Small Business Suppo$30,000
Buffalo Brothers IncRaleigh, NC-Small Business Suppo$30,000
C and R Guitars IncRaleigh, NC-Small Business Suppo$30,000
CLYDE COOPER'S BARBECUERaleigh, NC-Small Business Suppo$30,000
Careerpro of Nc IncRaleigh, NC-Small Business Suppo$30,000
Carolina Spirits IncRaleigh, NC-Small Business Suppo$30,000
Centro Mexican Restaurant IncRaleigh, NC-Small Business Suppo$30,000
Champions Bars and MoreRaleigh, NC-Small Business Suppo$30,000
Clean Slate Credit and Tax ServiceRaleigh, NC-Small Business Suppo$30,000
Crank Arm Brewing CompanyRaleigh, NC-Small Business Suppo$30,000
Creedmoor Cafe LLCRaleigh, NC-Small Business Suppo$30,000
Forever Bridal Productions LtdRaleigh, NC-Small Business Suppo$30,000
Fortune Cat LLCRaleigh, NC-Small Business Suppo$30,000
Globe Initiatives LLCRaleigh, NC-Small Business Suppo$30,000
H & H Shoe Repair IncRaleigh, NC-Small Business Suppo$30,000
Innovative Design IncRaleigh, NC-Small Business Suppo$30,000
Insurance Educational Systems IncRaleigh, NC-Small Business Suppo$30,000
Iv Hosptitality LLCRaleigh, NC-Small Business Suppo$30,000
Jmr Kitchens LLCRaleigh, NC-Small Business Suppo$30,000
Knowledge Source IncRaleigh, NC-Small Business Suppo$30,000
Lee Brothers Martial Arts IncRaleigh, NC-Small Business Suppo$30,000
Levridge Wellness Center PcRaleigh, NC-Small Business Suppo$30,000
Limbionics of Raleigh IncRaleigh, NC-Small Business Suppo$30,000
Locals LLCRaleigh, NC-Small Business Suppo$30,000
MASTER CHANG'S TIGER DEN MARTIAL ARRaleigh, NC-Small Business Suppo$30,000
Melrose Knitting IncRaleigh, NC-Small Business Suppo$30,000
Method Marketing LLCRaleigh, NC-Small Business Suppo$30,000
Nc Fit Capital LLCRaleigh, NC-Small Business Suppo$30,000
Next Medical Design LLCRaleigh, NC-Small Business Suppo$30,000
North American Bocker Roofing and CRaleigh, NC-Small Business Suppo$30,000
North Fourth IncRaleigh, NC-Small Business Suppo$30,000
Paintmaster LLCRaleigh, NC-Small Business Suppo$30,000
Parallel Partners LLCRaleigh, NC-Small Business Suppo$30,000
Personally Fit Individualized TrainRaleigh, NC-Small Business Suppo$30,000
Piccola Italia Pizza and RestaurantRaleigh, NC-Small Business Suppo$30,000
Players Retreat IncRaleigh, NC-Small Business Suppo$30,000
Poshnosh Catering Inc KaleidoscopeRaleigh, NC-Small Business Suppo$30,000
Pranzo Group LLCRaleigh, NC-Small Business Suppo$30,000
Raleigh Vintage LLCRaleigh, NC-Small Business Suppo$30,000
Revolver Consignment BoutiqueRaleigh, NC-Small Business Suppo$30,000
Sky Link Shuttle LLCRaleigh, NC-Small Business Suppo$30,000
Still You Hair SolutionsRaleigh, NC-Small Business Suppo$30,000
The Green Monkey LLCRaleigh, NC-Small Business Suppo$30,000
The Horse Farm LLCRaleigh, NC-Small Business Suppo$30,000
Tiny Wolf LLCRaleigh, NC-Small Business Suppo$30,000
Track Out Kidz LLCRaleigh, NC-Small Business Suppo$30,000
Tremendous Ink IncRaleigh, NC-Small Business Suppo$30,000
Unique Batik IncRaleigh, NC-Small Business Suppo$30,000
Vorbeck Hospitality Group LLCRaleigh, NC-Small Business Suppo$30,000
Hair Insanity LLCRaleigh, NC-Small Business Suppo$29,605
Beauty EmpireRaleigh, NC-Small Business Suppo$29,109
Care 1 Tax Services LLCRaleigh, NC-Small Business Suppo$28,214
E1440 LLCRaleigh, NC-Small Business Suppo$26,787
Fatboys Kitchen LLCRaleigh, NC-Small Business Suppo$23,166
CAMILLE'S INCRaleigh, NC-Small Business Suppo$22,210
Capital Courier & LogisticsRaleigh, NC-Small Business Suppo$21,316
Infinity Hundred Farms LLCRaleigh, NC-Small Business Suppo$18,522
Talk of the Town Hair Salon LLCRaleigh, NC-Small Business Suppo$18,465
B Enhanced BeautyRaleigh, NC-Small Business Suppo$17,156
Urban Ink Society LLCRaleigh, NC-Small Business Suppo$16,700
Reid & Company LLCRaleigh, NC-Small Business Suppo$16,664
Radiant Image IncRaleigh, NC-Small Business Suppo$15,433
Nexxt Level TrainingRaleigh, NC-Small Business Suppo$14,609
The Heights Dominican KitchenRaleigh, NC-Small Business Suppo$14,002
Platinum Plus Barbershop LLCRaleigh, NC-Small Business Suppo$12,284
The Duchess of Brows LLCRaleigh, NC-Small Business Suppo$12,199
SCHATZI'S DESIGN GALLERY & DAY SPARaleigh, NC-Small Business Suppo$11,980
KIMBERLY B'S STUDIO SALON LLCRaleigh, NC-Small Business Suppo$11,225
A Blooming BeautyRaleigh, NC-Small Business Suppo$10,000
Baddie Recordings LLCRaleigh, NC-Small Business Suppo$10,000
Brittany FutrellRaleigh, NC-Small Business Suppo$10,000
Gamms Unlimited LLCRaleigh, NC-Small Business Suppo$10,000
Kd7 Enterprises IncRaleigh, NC-Small Business Suppo$10,000
Leslie Williams Realty Group InvRaleigh, NC-Small Business Suppo$10,000
Moniclectic LLCRaleigh, NC-Small Business Suppo$10,000
Royal Cheesecake & VarietiesRaleigh, NC-Small Business Suppo$10,000
Weddings Made to OrderRaleigh, NC-Small Business Suppo$10,000
Williams Brunson Solutions LLCRaleigh, NC-Small Business Suppo$10,000
Zakti Health Solutions LLCRaleigh, NC-Small Business Suppo$10,000
Zara Group IncRaleigh, NC-Small Business Suppo$10,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$94,039
Fundraising Gross Income$3,872
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Black Entrepren$37,750-$26,075-
Sba Luncheon$37,500-$19,649-
Total Events$111,852$3,872$94,039$-90,167
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Liability$751,351
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“The form 990 is reviewed by the ceo, cfo and the finance committee chair and is provided to finance committee members for review prior to its filing.”

Form 990, Page 6, Part VI, Line 12C

“Board members are required to disclose conflicts of interest. This policy is monitored on an annual basis and documented in the minutes.”

Form 990, Page 6, Part VI, Line 15A

“Compensation is reviewed by the executive committee and comparables are considered among like agencies and other nonprofit entities. Each year a performance appraisal is done and any increase in salary is recommended by the executive committee and approved by the board.”

Form 990, Page 6, Part VI, Line 15B

“Each year, a performance appraisal is done and any increase in salary is recommended by the president/ceo and finance committee, and approved by the board.”

Form 990, Page 6, Part VI, Line 19

“The organization makes its governing documents available upon request to the organization's office.”

Filing and Contact Details

Filer

Filer Name
Carolina Small Business Development
EIN
58-1903219
Phone
9198031437
Address
3128 HIGHWOODS BLVD SUITE 170, RALEIGH, NC 27604

Signing Officer

Name
Kevin Dick
Title
President & CEO
Phone
9195301683
Signed
2024-05-13

Organization Details

Principal Officer
Kevin Dick
Formed
1990
Legal Domicile
Nc
Voting Board Members
16
Independent Board Members
16
Employees
42

Preparer

Firm
Romeo Wiggins & Company Llp
Address
8210 CREEDMOOR RD 202, RALEIGH, NC 27613
Preparer
J Kelly Lanier
Phone
9198705151
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

“Special event expenses 94,039 special event expenses -94,039”

Financial Statement Notes

Schedule D, Page 2, Part IV, Line 2B

“Funds held in agency: the organization administers certain loan and grant programs on behalf of certain municipalities and a nonprofit organization. Advances of loan or grant funds are recorded as a liability until disbursed.”

Schedule D, Page 3, Part X

“Asc 740: the organization had no unrelated business income for the years ended june 30, 2023 and 2022, and management is aware of no uncertain tax positions.”

Schedule D, Page 4, Part XI, Line 2D

“Special event expenses 94,039”

Schedule D, Page 4, Part XII, Line 2D

“Special event expenses 94,039”

Raw XML AppendixShowing 400 of 1,429 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/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0185926
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0267783
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0OUR MISSION IS TO FOSTER ECONOMIC DEVELOPMENT IN UNDERSERVED COMMUNITIES BY PROVIDING CAPITAL, BUSINESS SERVICES, AND POLICY RESEARCH TO SUPPORT SMALL BUSINESSES.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt012517
IRS990/AdvertisingGrp/ProgramServicesAmt050066
IRS990/AdvertisingGrp/TotalAmt062583
IRS990/AllOtherContributionsAmt0360182
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt014771
IRS990/AllOtherExpensesGrp/ProgramServicesAmt088381
IRS990/AllOtherExpensesGrp/TotalAmt0103152
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0KEVIN DICK
IRS990/BooksInCareOfDetail/PhoneNum09198031437
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt03128 HIGHWOODS BLVD SUITE 170
IRS990/BooksInCareOfDetail/USAddress/CityNm0RALEIGH
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd027604
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt09641465
IRS990/CashNonInterestBearingGrp/EOYAmt04215345
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0221433
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0485834
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0707267
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt03172
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt011163
IRS990/ConferencesMeetingsGrp/TotalAmt014335
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContractorCompensationGrp/CompensationAmt0102576
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt01720 HILLSBOROUGH ST
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0RALEIGH
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0NC
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd027605
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0VANN ATTORNEYS
IRS990/ContractorCompensationGrp/ServicesDesc0LEGAL SERVICES
IRS990/ContriRptFundraisingEventAmt0107980
IRS990/CreditCounselingInd0true
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt07833944
IRS990/CYGrantsAndSimilarPaidAmt02254645
IRS990/CYInvestmentIncomeAmt072374
IRS990/CYOtherExpensesAmt03563523
IRS990/CYOtherRevenueAmt0-89915
IRS990/CYProgramServiceRevenueAmt02667924
IRS990/CYRevenuesLessExpensesAmt01147949
IRS990/CYSalariesCompEmpBnftPaidAmt03518210
IRS990/CYTotalExpensesAmt09336378
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt010484327
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt0377046
IRS990/DeferredRevenueGrp/EOYAmt0226317
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt0507
IRS990/DepreciationDepletionGrp/ProgramServicesAmt01796
IRS990/DepreciationDepletionGrp/TotalAmt02303
IRS990/Desc0CAROLINA SMALL BUSINESS DEVELOPMENT FUND IS A CERTIFIED COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION (CDFI). IN 2010, THE ORGANIZATION LAUNCHED ITS SMALL BUSINESS REVOLVING LOAN FUND PROGRAM (SBRLF), TARGETING UNDERSERVED COMMUNITIES AND POPULATIONS THAT FIND IT DIFFICULT TO ACCESS CAPITAL. THE ORGANIZATION ALSO PROVIDES FINANCIAL TRAINING AND TECHNICAL ASSISTANCE TO START-UPS AND EXISTING BUSINESSES AND LENDING SERVICES TO COMMUNITY-BASED ORGANIZATIONS.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt02341302
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt01357628
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt042
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountLiabilityGrp/BOYAmt09259045
IRS990/EscrowAccountLiabilityGrp/EOYAmt0782137
IRS990/ExpenseAmt07818608
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditPerformedInd0true
IRS990/FederalGrantAuditRequiredInd0true
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt024823
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt088009
IRS990/FeesForServicesAccountingGrp/TotalAmt0112832
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt028872
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt0102366
IRS990/FeesForServicesLegalGrp/TotalAmt0131238
IRS990/FeesForServicesLobbyingGrp/ProgramServicesAmt0164540
IRS990/FeesForServicesLobbyingGrp/TotalAmt0164540
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0182410
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0482185
IRS990/FeesForServicesOtherGrp/TotalAmt0664595
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt240.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt340.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt440.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt540.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt640.00
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/AverageHoursPerWeekRt181.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt191.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt201.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt211.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt221.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt231.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt241.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd1X
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/OfficerInd7X
IRS990/Form990PartVIISectionAGrp/OfficerInd8X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt022079
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120015
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt222149
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt316801
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt416419
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt515772
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt66179
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/OtherCompensationAmt180
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt190
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt200
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt210
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt220
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt230
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt240
IRS990/Form990PartVIISectionAGrp/PersonNm0KEVIN DICK
IRS990/Form990PartVIISectionAGrp/PersonNm1MARK ROYSTER
IRS990/Form990PartVIISectionAGrp/PersonNm2JOHN SABISTON
IRS990/Form990PartVIISectionAGrp/PersonNm3JAMIE MCCALL
IRS990/Form990PartVIISectionAGrp/PersonNm4LORI DIAZ
IRS990/Form990PartVIISectionAGrp/PersonNm5ELLYSA SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm6REGINOLD JONES
IRS990/Form990PartVIISectionAGrp/PersonNm7TED ARCHER
IRS990/Form990PartVIISectionAGrp/PersonNm8RODRICK BANKS
IRS990/Form990PartVIISectionAGrp/PersonNm9DR PAULETTE DILLARD
IRS990/Form990PartVIISectionAGrp/PersonNm10STEPHEN DILLE
IRS990/Form990PartVIISectionAGrp/PersonNm11DR JOSEPH FOX
IRS990/Form990PartVIISectionAGrp/PersonNm12MERRILL FLOOD
IRS990/Form990PartVIISectionAGrp/PersonNm13LARRY GARCIA
IRS990/Form990PartVIISectionAGrp/PersonNm14HUNTLEY GARRIOTT
IRS990/Form990PartVIISectionAGrp/PersonNm15JEFFREY HASTINGS
IRS990/Form990PartVIISectionAGrp/PersonNm16TIFFANY HALL MCNEILL
IRS990/Form990PartVIISectionAGrp/PersonNm17JEFF MARSHALL
IRS990/Form990PartVIISectionAGrp/PersonNm18GRACE NYSTRUM
IRS990/Form990PartVIISectionAGrp/PersonNm19FRANK POLLOCK
IRS990/Form990PartVIISectionAGrp/PersonNm20LESLIE PERSON
IRS990/Form990PartVIISectionAGrp/PersonNm21BOBBY ROBINSON
IRS990/Form990PartVIISectionAGrp/PersonNm22PILAR ROCHA-GOLDBERG
IRS990/Form990PartVIISectionAGrp/PersonNm23NANCY PATRICK STROUD
IRS990/Form990PartVIISectionAGrp/PersonNm24AARON THOMAS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0205081
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1133812
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt2121526
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt3118445
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt4113358
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt5100938
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt6101516
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/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt240
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/TitleTxt0PRESIDENT &
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHIEF CREDIT
IRS990/Form990PartVIISectionAGrp/TitleTxt2CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt3VP POLICY &
IRS990/Form990PartVIISectionAGrp/TitleTxt4VP BUSINESS
IRS990/Form990PartVIISectionAGrp/TitleTxt5HUMAN RESOUR
IRS990/Form990PartVIISectionAGrp/TitleTxt6BUSINESS SOL
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD VICE C
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14BOARD TREASU
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16BOARD SECRET
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23FORMER BOARD
IRS990/Form990PartVIISectionAGrp/TitleTxt24DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01990
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingAmt0107980
IRS990/FundraisingDirectExpensesAmt094039
IRS990/FundraisingGrossIncomeAmt03872
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt016
IRS990/GovernmentGrantsAmt07365782
IRS990/GrantAmt02254645
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt02254645
IRS990/GrantsToDomesticOrgsGrp/TotalAmt02254645
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt010578366
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt016
IRS990/IndivRcvdGreaterThan100KCnt07
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt026356
IRS990/InformationTechnologyGrp/ProgramServicesAmt0128678
IRS990/InformationTechnologyGrp/TotalAmt0155034
IRS990/InsuranceGrp/ManagementAndGeneralAmt012384
IRS990/InsuranceGrp/ProgramServicesAmt043908
IRS990/InsuranceGrp/TotalAmt056292
IRS990/InterestGrp/ProgramServicesAmt0462876
IRS990/InterestGrp/TotalAmt0462876
IRS990/InvestmentIncomeGrp/ExclusionAmt072374
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt072374
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsProgramRelatedGrp/BOYAmt027703356
IRS990/InvestmentsProgramRelatedGrp/EOYAmt025783353
IRS990/IRPDocumentCnt0640
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0437402
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02302
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0739887
IRS990/LandBldgEquipCostOrOtherBssAmt01177289
IRS990/LegalDomicileStateCd0NC
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0true
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0OUR MISSION IS TO FOSTER ECONOMIC DEVELOPMENT IN UNDERSERVED COMMUNITIES BY PROVIDING CAPITAL, BUSINESS SERVICES, AND POLICY RESEARCH TO SUPPORT SMALL BUSINESSES.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt018532515
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt016735476
IRS990/NetAssetsOrFundBalancesBOYAmt014461767
IRS990/NetAssetsOrFundBalancesEOYAmt015609716
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-90167
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt012120465
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt014252088
IRS990/NoncashContributionsAmt03980
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt044349
IRS990/OccupancyGrp/ProgramServicesAmt0157238
IRS990/OccupancyGrp/TotalAmt0201587
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt021162
IRS990/OfficeExpensesGrp/ProgramServicesAmt078937
IRS990/OfficeExpensesGrp/TotalAmt0100099
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt089463
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0196285
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0285748
IRS990/OtherExpensesGrp/Desc0PROVISION FOR LOAN LOSS
IRS990/OtherExpensesGrp/Desc1LOANS DEEMED UNCOLLECTIBL
IRS990/OtherExpensesGrp/Desc2FORGIVENESS OF LOAN REC
IRS990/OtherExpensesGrp/Desc3SUBSCRIPTION AND DUES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt012181
IRS990/OtherExpensesGrp/ProgramServicesAmt0727722
IRS990/OtherExpensesGrp/ProgramServicesAmt1300000
IRS990/OtherExpensesGrp/ProgramServicesAmt2100000
IRS990/OtherExpensesGrp/ProgramServicesAmt343187
IRS990/OtherExpensesGrp/TotalAmt0727722
IRS990/OtherExpensesGrp/TotalAmt1300000
IRS990/OtherExpensesGrp/TotalAmt2100000
IRS990/OtherExpensesGrp/TotalAmt355368
IRS990/OtherLiabilitiesGrp/EOYAmt0751351
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/ExclusionAmt0252
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0252
IRS990/OtherRevenueTotalAmt0252
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0679210
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01490210
IRS990/OtherSalariesAndWagesGrp/TotalAmt02169420
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt02257397
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt01965940
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt073390
IRS990/PayrollTaxesGrp/ProgramServicesAmt0161020
IRS990/PayrollTaxesGrp/TotalAmt0234410
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt037997
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt083368
IRS990/PensionPlanContributionsGrp/TotalAmt0121365
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt02091149

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$34,372,780
Liabilities
$18,763,064
Net assets
$15,609,716
Revenue
$10,484,327
Expenses
$9,336,378
Net income
$1,147,949
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$39.2$22.1$17.0$7.89$7.52$0.37
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$36.6$19.9$16.7$7.99$6.94$1.05
2023Detailed filing. Detailed filing data is available for this year.$34.4$18.8$15.6$10.5$9.34$1.15
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$42.8$28.4$14.5$6.42$6.27$0.15
2021Detailed filing. Detailed filing data is available for this year.$38.7$24.4$14.3$7.98$7.17$0.81
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$42.3$28.8$13.5$5.60$6.87$1.27
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$40.6$25.9$14.8$8.97$8.15$0.82
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$38.0$24.1$14.0$6.84$7.05$0.21
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$33.0$18.8$14.2$7.17$6.37$0.80
2016Summary only. Only limited summary data is available for this year.$29.8$16.4$13.4$5.11$4.44$0.67
2015Detailed filing. Detailed filing data is available for this year.$20.9$8.19$12.7$2.59$2.26$0.34
2014Detailed filing. Detailed filing data is available for this year.$16.9$4.58$12.4$5.05$2.54$2.51
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.2$4.36$9.84$3.53
2012Summary only. Only limited summary data is available for this year.$12.4$3.39$9.02$3.38$2.86$0.52
2011Summary only. Only limited summary data is available for this year.$10.0$1.52$8.50$4.21$3.34$0.87