Liabilities / Assets
51st percentile
Higher debt load relative to assets than 51% of similar nonprofits.
990 • Fiscal year 2017 • EIN 59-2834504
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
51st percentile
Higher debt load relative to assets than 51% of similar nonprofits.
Liabilities / Revenue
74th percentile
Higher debt load relative to revenue than 74% of similar nonprofits.
Net Margin
41st percentile
Higher net margin than 41% of similar nonprofits.
Top Officer Pay
76th percentile
Higher top officer pay than 76% of similar nonprofits.
Top officer pay equals 15.7% of source-year revenue.
Asset Growth
78th percentile
Faster asset growth than 78% of similar nonprofits.
Revenue Growth
51st percentile
Faster revenue growth than 51% of similar nonprofits.
Assets
Up$2,868,871
Up $421,413 (+17%) from 2016
Net Assets
Up$2,583,309
Up $149,985 (+6.2%) from 2016
Liabilities
Up$285,562
Up $271,428 (+1920%) from 2016
Revenue
Up$750,429
Up $33,674 (+4.7%) from 2016
Expenses
Up$748,307
Up $221,772 (+42%) from 2016
Net Income
Down$2,122
Down $188,098 (-99%) from 2016
To advance the economic development of the city of miami through the support of minority businesses and education. These goals are achieved through the creation and administration of a loan program and scholarship fund for minorities and by providing technical assistance programs for minority businesses.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments in Publicly Traded Securities | $1,443,782 | $1,602,239 | ▲ $158,457 |
| Other Notes and Loans Receivable, Net | $918,771 | $1,114,709 | ▲ $195,938 |
| Cash and Non-Interest-Bearing Accounts | $62,502 | $151,923 | ▲ $89,421 |
| Pledges and Grants Receivable | $20,814 | - | - |
| Land, Buildings, and Equipment, Net | $68 | - | - |
| Total Assets | $2,447,458 | $2,868,871 | ▲ $421,413 |
| Other Assets Total | $1,521 | - | - |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | - | $281,492 | - |
| Accounts Payable and Accrued Expenses | $11,070 | $4,070 | ▼ $7,000 |
| Other Liabilities | $3,064 | - | - |
| Total Liabilities | $14,134 | $285,562 | ▲ $271,428 |
| Net Assets / Fund Balance | |||
| Unrestricted Net Assets | $2,273,330 | $2,375,766 | ▲ $102,436 |
| Temporarily Rstr Net Assets | $159,994 | $207,543 | ▲ $47,549 |
| Total Net Assets Fund Balance | $2,433,324 | $2,583,309 | ▲ $149,985 |
| Total Liabilities and Net Assets / Fund Balance | $2,447,458 | $2,868,871 | ▲ $421,413 |
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Kathleen Murphy | Executive Di | FT | $118,000 | $118,000 |
| Name | Title |
|---|---|
| Nathan Kurland | Chairman |
| Pamela Weller | Vice-chair |
| Adam Dunshee | Trustee |
| Andrew Gordon | Trustee |
| Basil Binns Ii | Trustee |
| Benito Carmona | Trustee |
| Jeffrey Cazeau | Trustee |
| Josie Correa | Trustee |
| Louis Mcmillian | Trustee |
| Michael Smith | Trustee |
| Michelle Barton-king | Trustee |
| Rolando Aedo | Trustee |
| Nicole Ewan | Secretary |
| Sonia Canessa-gonzalez | Treasurer |
| Line Item | Amount |
|---|---|
| Grants and Similar Amounts Paid | $422,161 |
| Other Expenses | $185,066 |
| Salaries, Compensation, and Employee Benefits | $141,080 |
| Total Fundraising Expense | $66,831 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Grants to Domestic Orgs | $288,021 | - | - | $288,021 |
| Grants to Domestic Individuals | $134,140 | - | - | $134,140 |
| Current Officers, Directors, Trustees, and Key Employees | $52,757 | $39,146 | $26,097 | $118,000 |
| All Other Expenses | $13,519 | $13,350 | $3,819 | $30,688 |
| Other Salaries and Wages | $12,486 | - | - | $12,486 |
| Other Expenses | $11,873 | $19,473 | $28,083 | $11,873 |
| Payroll Taxes | $5,297 | $3,178 | $2,119 | $10,594 |
| Advertising | - | $6,773 | - | $6,773 |
| Travel | $1,073 | $1,842 | $622 | $3,537 |
| Total Functional Expenses | $597,714 | $83,762 | $66,831 | $748,307 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $748,307 |
| Total Expenses per Audited Statements | $748,307 |
| Total Expenses per Form 990 | $748,307 |
| Recipient | Location | Category | Purpose | Amount |
|---|---|---|---|---|
| School Board of Miami-dade County | - | - | Marine Service Tech. | $99,998 |
| Florida International University | Miami, FL | 501c3 | Golden Scholars | $90,000 |
| St Albans Child Nursing Inc | Miami, FL | - | Summer School Prog. | $35,000 |
| George T Baker Technical College | Miami, FL | 501c3 | Scholarships | $21,023 |
| The Education Fund Inc | - | - | Smart Path to Colleg | $20,000 |
| Da Dorsey Technical College | Miami, FL | 501c3 | Scholarships | $12,000 |
| Nfte | Miami, FL | 501c3 | Teaching Enterpreneu | $10,000 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“No review was or will be conducted.”
“Our governing documents are available on our website.”
“To advance the economic development of the city of miami through the support of minority businesses and education. These goals are achieved through the creation and administration of a loan program and scholarship fund for minorities and by providing technical assistance programs for minority businesses.”
“Administration of all program services and accomplishments.”
“To agree prior year audited f/s 3,011”
“The organization has adopted the provisions of asc no 740, "accounting for uncertainty in income taxes" ("asc no 740"). Asc 740 required that the impact of tax positions to be recognized in the financial statements if they are more likely than not of being sustained upon examination. Accordingly, no provision for income taxes is made in the financial statements. At 12/31/17, there were no uncertain tax positions. The organization files tax returns with us federal and other tax authorities for which statue limitations may go back to the year ended 2014.”
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 | false |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 11070 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 4070 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | TO ADVANCE THE ECONOMIC DEVELOPMENT OF THE CITY OF MIAMI THROUGH THE SUPPORT OF MINORITY BUSINESSES AND EDUCATION. THESE GOALS ARE ACHIEVED THROUGH THE CREATION AND ADMINISTRATION OF A LOAN PROGRAM AND SCHOLARSHIP FUND FOR MINORITIES AND BY PROVIDING TECHNICAL ASSISTANCE PROGRAMS FOR MINORITY BUSINESSES. |
| IRS990/AdvertisingGrp/ManagementAndGeneralAmt | 0 | 6773 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 6773 |
| IRS990/AllOtherContributionsAmt | 0 | 589189 |
| IRS990/AllOtherExpensesGrp/FundraisingAmt | 0 | 3819 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 13350 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 13519 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 30688 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/AuditCommitteeInd | 0 | true |
| IRS990/BackupWthldComplianceInd | 0 | false |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | KATHLEEN MURPHY |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 3053797070 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 25 SE 2ND STREET SUITE 240 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | MIAMI |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | FL |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 33131 |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 62502 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 151923 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt | 0 | 26097 |
| IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt | 0 | 39146 |
| IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt | 0 | 52757 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 118000 |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | false |
| IRS990/CompensationProcessOtherInd | 0 | false |
| IRS990/ConflictOfInterestPolicyInd | 0 | true |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 651689 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 422161 |
| IRS990/CYInvestmentIncomeAmt | 0 | 45079 |
| IRS990/CYOtherExpensesAmt | 0 | 185066 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 53661 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 2122 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 141080 |
| IRS990/CYTotalExpensesAmt | 0 | 748307 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 66831 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 750429 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/Desc | 0 | LOAN PROGRAM FOR MINORITY BUSINESSES IN THE CITY OF MIAMI. |
| IRS990/DescribedInSection501c3Ind | 0 | true |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | true |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 2 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | true |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/ExpenseAmt | 0 | 102087 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 1.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 1.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 1.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 10 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 11 | 1.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 12 | 1.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 13 | 1.50 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 14 | 55.00 |
| 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/IndividualTrusteeOrDirectorInd | 9 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 10 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 11 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 12 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 13 | 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/OtherCompensationAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | NATHAN KURLAND |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | PAMELA WELLER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | SONIA CANESSA-GONZALEZ |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | NICOLE EWAN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | JOSIE CORREA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | ROLANDO AEDO |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | MICHELLE BARTON-KING |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | BENITO CARMONA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | JEFFREY CAZEAU |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | ADAM DUNSHEE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | LOUIS MCMILLIAN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 11 | BASIL BINNS II |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 12 | ANDREW GORDON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 13 | MICHAEL SMITH |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 14 | KATHLEEN MURPHY |
| 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 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 14 | 118000 |
| 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/ReportableCompFromRltdOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | CHAIRMAN |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | VICE-CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 14 | EXECUTIVE DI |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | false |
| IRS990/FormationYr | 0 | 1986 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | true |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GainOrLossGrp/SecuritiesAmt | 0 | 10201 |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 14 |
| IRS990/GovernmentGrantsAmt | 0 | 62500 |
| IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt | 0 | 134140 |
| IRS990/GrantsToDomesticIndividualsGrp/TotalAmt | 0 | 134140 |
| IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt | 0 | 288021 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 288021 |
| IRS990/GrantsToIndividualsInd | 0 | true |
| IRS990/GrantsToOrganizationsInd | 0 | true |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt | 0 | 336942 |
| IRS990/GrossReceiptsAmt | 0 | 1077170 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | true |
| IRS990/IndependentAuditFinclStmtInd | 0 | true |
| IRS990/IndependentVotingMemberCnt | 0 | 14 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 1 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 34878 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 34878 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/InvestmentsPubTradedSecGrp/BOYAmt | 0 | 1443782 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 1602239 |
| IRS990/IRPDocumentCnt | 0 | 4 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 68 |
| IRS990/LegalDomicileStateCd | 0 | FL |
| IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt | 0 | 326741 |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LobbyingActivitiesInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | false |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | TO ADVANCE THE ECONOMIC DEVELOPMENT OF THE CITY OF MIAMI THROUGH THE SUPPORT OF MINORITY BUSINESSES AND EDUCATION. THESE GOALS ARE ACHIEVED THROUGH THE CREATION AND ADMINISTRATION OF A LOAN PROGRAM AND SCHOLARSHIP FUND FOR MINORITIES AND BY PROVIDING TECHNICAL ASSISTANCE PROGRAMS FOR MINORITY BUSINESSES. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 281492 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 2433324 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 2583309 |
| IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt | 0 | 10201 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | 10201 |
| IRS990/NetUnrlzdGainsLossesInvstAmt | 0 | 144852 |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsSFAS117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 1521 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 3011 |
| IRS990/OtherExpensesGrp/Desc | 0 | CONTRACT SERVICES |
| IRS990/OtherExpensesGrp/Desc | 1 | BAD DEBT |
| IRS990/OtherExpensesGrp/Desc | 2 | FUNDRAISING |
| IRS990/OtherExpensesGrp/Desc | 3 | SMALL BUSINESS TRAINING |
| IRS990/OtherExpensesGrp/FundraisingAmt | 0 | 6091 |
| IRS990/OtherExpensesGrp/FundraisingAmt | 1 | 28083 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 19473 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 47478 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 31070 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 11873 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 73042 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 31070 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 28083 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 11873 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 3064 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 12486 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 12486 |
| IRS990/OthNotesLoansReceivableNetGrp/BOYAmt | 0 | 918771 |
| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 1114709 |
| IRS990/OwnWebsiteInd | 0 | X |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PayrollTaxesGrp/FundraisingAmt | 0 | 2119 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 3178 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 5297 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 10594 |
| IRS990/PledgesAndGrantsReceivableGrp/BOYAmt | 0 | 20814 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrincipalOfficerNm | 0 | KATHLEEN MURPHY |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | LOAN PROGRAM |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | BUSINESS TRAINING PROGRAM |
| IRS990/ProgramServiceRevenueGrp/Desc | 2 | SERVICE FEES |
| IRS990/ProgramServiceRevenueGrp/Desc | 3 | MICROLOAN PROGRAM |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 44568 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 7500 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 2 | 800 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 3 | 793 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 44568 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 7500 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 2 | 800 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 3 | 793 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | SCHOLARSHIPS FOR MINORITY STUDENTS IN THE CITY OF MIAMI. |
| IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt | 0 | 166084 |
| IRS990/ProgSrvcAccomActy2Grp/GrantAmt | 0 | 134140 |
| IRS990/ProgSrvcAccomActy3Grp/Desc | 0 | TECHNICAL ASSISTANCE PROGRAMS FOR MINORITY BUSINESSES IN THE CITY OF MIAMI. |
| IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt | 0 | 30000 |
| IRS990/ProgSrvcAccomActyOtherGrp/Desc | 0 | ADMINISTRATION OF ALL PROGRAM SERVICES AND ACCOMPLISHMENTS. |
| IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt | 0 | 299543 |
| IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt | 0 | 288021 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYContributionsGrantsAmt | 0 | 588672 |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 194952 |
| IRS990/PYInvestmentIncomeAmt | 0 | 47469 |
| IRS990/PYOtherExpensesAmt | 0 | 177592 |
| IRS990/PYOtherRevenueAmt | 0 | 34519 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 46095 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 190220 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 153991 |
| IRS990/PYTotalExpensesAmt | 0 | 526535 |
| IRS990/PYTotalRevenueAmt | 0 | 716755 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 2122 |
| IRS990/RegularMonitoringEnfrcInd | 0 | false |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | false |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | false |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RevenueAmt | 0 | 53661 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 651689 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 588672 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 676185 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 375174 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 573745 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 2865465 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 34878 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 32506 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 29690 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 24368 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 18483 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 139925 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 53661 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.31580 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.33790 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 949144 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 1916321 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsPY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 651689 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 588672 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 676185 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 375174 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 573745 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 2865465 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 3005390 |
| IRS990/ScheduleBRequiredInd | 0 | true |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 748307 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/NetUnrealizedGainsInvstAmt | 0 | 144852 |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 144852 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 750429 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | THE ORGANIZATION HAS ADOPTED THE PROVISIONS OF ASC NO 740, "ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES" ("ASC NO 740"). ASC 740 REQUIRED THAT THE IMPACT OF TAX POSITIONS TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS IF THEY ARE MORE LIKELY THAN NOT OF BEING SUSTAINED UPON EXAMINATION. ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS MADE IN THE FINANCIAL STATEMENTS. AT 12/31/17, THERE WERE NO UNCERTAIN TAX POSITIONS. THE ORGANIZATION FILES TAX RETURNS WITH US FEDERAL AND OTHER TAX AUTHORITIES FOR WHICH STATUE LIMITATIONS MAY GO BACK TO THE YEAR ENDED 2014. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE D, PAGE 3, PART X |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 748307 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 750429 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 895281 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 748307 |
| IRS990ScheduleI/GrantRecordsMaintainedInd | 0 | true |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt | 0 | 28275 |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt | 1 | 105865 |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt | 0 | MDCPS-INDIV SCHOLARSHIPS |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt | 1 | WILLY GORT SCHOLARSHIPS |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt | 0 | 33 |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt | 1 | 174 |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc | 0 | FMV |
| IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc | 1 | FMV |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 0 | 90000 |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 1 | 10000 |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 2 | 12000 |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 3 | 21023 |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 4 | 35000 |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 5 | 20000 |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 6 | 99998 |
| IRS990ScheduleI/RecipientTable/IRCSectionDesc | 0 | 501C3 |
| IRS990ScheduleI/RecipientTable/IRCSectionDesc | 1 | 501C3 |
| IRS990ScheduleI/RecipientTable/IRCSectionDesc | 2 | 501C3 |
| IRS990ScheduleI/RecipientTable/IRCSectionDesc | 3 | 501C3 |
| IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt | 0 | GOLDEN SCHOLARS |
| IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt | 1 | TEACHING ENTERPRENEU |
| IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt | 2 | SCHOLARSHIPS |
| IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt | 3 | SCHOLARSHIPS |
| IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt | 4 | SUMMER SCHOOL PROG. |
| IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt | 5 | SMART PATH TO COLLEG |
| IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt | 6 | MARINE SERVICE TECH. |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt | 0 | FLORIDA INTERNATIONAL UNIVERSITY |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt | 1 | NFTE |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt | 2 | DA DORSEY TECHNICAL COLLEGE |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt | 3 | GEORGE T BAKER TECHNICAL COLLEGE |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt | 4 | ST ALBANS CHILD NURSING INC |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt | 5 | THE EDUCATION FUND INC |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt | 6 | SCHOOL BOARD OF MIAMI-DADE COUNTY |
| IRS990ScheduleI/RecipientTable/RecipientEIN | 0 | 237047106 |
| IRS990ScheduleI/RecipientTable/RecipientEIN | 1 | 133408737 |
| IRS990ScheduleI/RecipientTable/RecipientEIN | 2 | 596000572 |
| IRS990ScheduleI/RecipientTable/RecipientEIN | 3 | 596000572 |
| IRS990ScheduleI/RecipientTable/RecipientEIN | 4 | 590766992 |
| IRS990ScheduleI/RecipientTable/RecipientEIN | 5 | 592468114 |
| IRS990ScheduleI/RecipientTable/RecipientEIN | 6 | 596000572 |
| IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt | 0 | 11200 SW 8TH STREET MARC 556 |
| IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt | 1 | 5901 SW 74TH STREET |
| IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt | 2 | 7100 NW 17TH AVE |
| IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt | 3 | 3275 NW 42ND AVE |
| IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt | 4 | 3465 BROOKER ST |
| IRS990ScheduleI/RecipientTable/USAddress/CityNm | 0 | MIAMI |
| IRS990ScheduleI/RecipientTable/USAddress/CityNm | 1 | MIAMI |
| IRS990ScheduleI/RecipientTable/USAddress/CityNm | 2 | MIAMI |
| IRS990ScheduleI/RecipientTable/USAddress/CityNm | 3 | MIAMI |
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Displayed year
2017 • Form 990Detailed filing. Detailed filing data is available for this year.