Civic Intelligence

Southern Development Council

EIN 63-0866023 • 501(c)3 • Mountain Brook, AL

Profile

The organization's mission is to promote small business growth and development by assisting them with obtaining the financing they need in order to achieve that growth and development including job creation.

200 Office Park Drive 338Mountain Brook, AL 35223

www.sdcinc.org

Siviq Scores

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

Liabilities / Assets

48th percentile

0.11x

Higher debt load relative to assets than 48% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Liabilities / Revenue

70th percentile

0.39x

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

501(c)3 • $5M-$10M nonprofits • Source year 2025

Net Margin

55th percentile

6.5%

Higher net margin than 55% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Top Officer Pay

71st percentile

$191,291

Higher top officer pay than 71% of similar nonprofits.

Top officer pay equals 12.0% of source-year revenue.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Asset Growth

48th percentile

3.3%

Faster asset growth than 48% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2024 to 2025

Revenue Growth

48th percentile

6.2%

Faster revenue growth than 48% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2024 to 2025

Assets

Up

$5,365,921

Up $226,820 (+4.4%) from 2023

Liabilities

Up

$546,873

Up $113,554 (+26%) from 2023

Net Assets

Up

$4,819,048

Up $113,266 (+2.4%) from 2023

Revenue

Up

$1,494,206

Up $109,911 (+7.9%) from 2023

Expenses

Up

$1,380,940

Up $74,951 (+5.7%) from 2023

Net Income

Up

$113,266

Up $34,960 (+45%) from 2023

Trend Graphs

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2011: $4,640,239Liabilities 2011: $452,517Net Assets 2011: $4,187,7222011Assets 2012: $5,066,110Liabilities 2012: $715,456Net Assets 2012: $4,350,6542012Assets 2013: $5,098,975Liabilities 2013: $622,061Net Assets 2013: $4,476,9142013Assets 2014: $5,167,221Liabilities 2014: $459,237Net Assets 2014: $4,707,9842014Assets 2015: $5,278,499Liabilities 2015: $433,587Net Assets 2015: $4,844,9122015Assets 2016: $5,484,753Liabilities 2016: $492,606Net Assets 2016: $4,992,1472016Assets 2017: $5,632,819Liabilities 2017: $509,792Net Assets 2017: $5,123,0272017Assets 2019: $5,575,654Liabilities 2019: $431,681Net Assets 2019: $5,143,9732019Assets 2020: $5,513,577Liabilities 2020: $389,132Net Assets 2020: $5,124,4452020Assets 2021: $5,250,522Liabilities 2021: $363,786Net Assets 2021: $4,886,7362021Assets 2022: $5,076,770Liabilities 2022: $449,294Net Assets 2022: $4,627,4762022Assets 2023: $5,139,101Liabilities 2023: $433,319Net Assets 2023: $4,705,7822023Assets 2024: $5,365,921Liabilities 2024: $546,873Net Assets 2024: $4,819,0482024

Highlighted filing

2024

Assets$5,365,921
Liabilities$546,873
Net Assets$4,819,048

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2011: $1,311,863Expenses 2011: $1,196,561Net Income 2011: $115,3022011Revenue 2012: $1,544,151Expenses 2012: $1,381,219Net Income 2012: $162,9322012Revenue 2013: $1,301,983Expenses 2013: $1,175,723Net Income 2013: $126,2602013Revenue 2014: $1,560,621Expenses 2014: $1,329,551Net Income 2014: $231,0702014Revenue 2015: $1,373,376Expenses 2015: $1,236,449Net Income 2015: $136,9272015Revenue 2016: $1,429,033Expenses 2016: $1,281,798Net Income 2016: $147,2352016Revenue 2017: $1,275,701Expenses 2017: $1,144,821Net Income 2017: $130,8802017Revenue 2019: $1,231,478Expenses 2019: $1,279,993Net Income 2019: -$48,5152019Revenue 2020: $1,499,797Expenses 2020: $1,519,325Net Income 2020: -$19,5282020Revenue 2021: $1,396,001Expenses 2021: $1,633,710Net Income 2021: -$237,7092021Revenue 2022: $1,106,394Expenses 2022: $1,365,654Net Income 2022: -$259,2602022Revenue 2023: $1,384,295Expenses 2023: $1,305,989Net Income 2023: $78,3062023Revenue 2024: $1,494,206Expenses 2024: $1,380,940Net Income 2024: $113,2662024

Highlighted filing

2024

Revenue$1,494,206
Expenses$1,380,940
Net Income$113,266

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.37$0.55$4.82$1.49$1.38$0.11
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.14$0.43$4.71$1.38$1.31$0.08
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.08$0.45$4.63$1.11$1.37$0.26
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.25$0.36$4.89$1.40$1.63$0.24
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.51$0.39$5.12$1.50$1.52$0.02
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.58$0.43$5.14$1.23$1.28$0.05
2017Summary only. Only limited summary data is available for this year.$5.63$0.51$5.12$1.28$1.14$0.13
2016Summary only. Only limited summary data is available for this year.$5.48$0.49$4.99$1.43$1.28$0.15
2015Summary only. Only limited summary data is available for this year.$5.28$0.43$4.84$1.37$1.24$0.14
2014Summary only. Only limited summary data is available for this year.$5.17$0.46$4.71$1.56$1.33$0.23
2013Summary only. Only limited summary data is available for this year.$5.10$0.62$4.48$1.30$1.18$0.13
2012Summary only. Only limited summary data is available for this year.$5.07$0.72$4.35$1.54$1.38$0.16
2011Summary only. Only limited summary data is available for this year.$4.64$0.45$4.19$1.31$1.20$0.12
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2023 to Sep 30, 2024
Signed
May 22, 2025
Return Version
2023v6.0
Gross Receipts
$1,494,206
Mission and Program Overview

Mission

The organization's mission is to promote small business growth and development by assisting them with obtaining the financing they need in order to achieve that growth and development including job creation.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$2,059,074$2,495,928▲ $436,854
Other Notes and Loans Receivable, Net$2,372,660$2,229,182▼ $143,478
Accounts Receivable$442,578$370,747▼ $71,831
Land, Buildings, and Equipment, Net$66,508$52,058▼ $14,450
Prepaid Expenses and Deferred Charges$18,043$20,118▲ $2,075
Cash and Non-Interest-Bearing Accounts$29$79▲ $50
Total Assets$5,139,101$5,365,921▲ $226,820
Other Assets Total$180,209$197,809▲ $17,600
Liabilities
Other Liabilities$323,263$337,282▲ $14,019
Accounts Payable and Accrued Expenses$110,056$209,591▲ $99,535
Deferred Revenue-$0-
Total Liabilities$433,319$546,873▲ $113,554
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,619,782$3,819,048▲ $199,266
Net Assets With Donor Restrictions$1,086,000$1,000,000▼ $86,000
Total Net Assets Fund Balance$4,705,782$4,819,048▲ $113,266
Total Liabilities and Net Assets / Fund Balance$5,139,101$5,365,921▲ $226,820

Asset Categories

AssetBook ValueDepreciationBasis
Land$48,600-$48,600
Equipment$3,458$7,086$10,544
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Yolanda MerriweatherPresident and Executive DirectorFT$181,413$8,624$190,037

Board Members and Trustees

NameTitle
David MathisBoard Chair
Charles EddyVice President
Mark ChambersVice President
Demarco McclainBoard Member
Jim SearcyBoard Member
Jo Karen ParrBoard Member
John KnightBoard Member
Lee AdcoxBoard Member
Patrick HamnerBoard Member
Spencer WigginsBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,400,678
Investment Income
$87,246
Other Revenue
$6,282
Change in Net Assets
$113,266

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,494,206
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,494,206
Total Revenue per Form 990
$1,494,206
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$847,248
Other Expenses$533,692
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$434,619$155,631-$590,250
Current Officers, Directors, Trustees, and Key Employees$135,152$46,261-$181,413
Fees for Services Other$52,425$76,513-$128,938
Insurance$9,552$67,793-$77,345
Occupancy$61,821--$61,821
Payroll Taxes$42,887$8,062-$50,949
Travel$36,471$6,035-$42,506
Fees for Services Accounting$11,359$18,171-$29,530
Conferences and Meetings$18,080$6,750-$24,830
All Other Expenses$20,398$4,399-$24,797
Pension Plan Contributions$23,675$961-$24,636
Advertising$16,837--$16,837
Office Expenses$4,667$6,903-$11,570
Other Expenses$12,027$10,000-$10,000
Depreciation Depletion-$4,450-$4,450
Total Functional Expenses$919,011$461,929$0$1,380,940

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,380,940
Total Expenses per Audited Statements$1,380,940
Total Expenses per Form 990$1,380,940
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Refundable Deposits$268,350
Rou Liability$68,932
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, Part VI, Section B, Line 11B

The organization's form 990 and related schedules are prepared by an outside accounting firm and reviewed and approved by the organization's president and ceo and its executive director. Once those reviews are complete, the members of the board of directors are provided a complete copy for their review prior to filing with the internal revenue service.

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

Regular monitoring of the organization's conflict of interest policy is performed by its president and ceo. Enforcement of compliance rests with the organization's board of directors.

Form 990, Part VI, Section B, Line 15

In determining the compensation packages for the ceo and staff, the executive compensation committee, comprised of members of the organization's board of directors may rely on reviews of irs form 990 filings for similar sized organizations, compensation survey reports prepared by independent consultants, or other such reports that might be available from the national association of development companies. Additionally, compensation is commensurate with each employees specific duties and responsibilities as outlined in the organizations internal control policy. Compensation is considered reasonable and customary for this organizations area of concern.

Form 990, Part VI, Section C, Line 19

Regular monitoring of the organization's conflict of interest policy is performed by its president and ceo. Enforcement of compliance rests with the organiztion's board of directors.

Form 990, Part VI, Section C, Line 18

The council files a copy of its form 990 and related schedules with the appropriate governmental regulatory bodies where it becomes available for public inspection. The council also files an annual report with the u.s. Small business administration (sba) detailing its activities including providing the sba with copies of its form 990, the minutes of the meetings of its board of directors, and a copy of the council's annual audited financial statements.

Filing and Contact Details

Filer

Filer Name
Southern Development Council
EIN
63-0866023
Phone
8004993034
Address
200 OFFICE PARK DRIVE 338, MOUNTAIN BROOK, AL 35223

Signing Officer

Name
Yolanda Merriweather
Title
Executive Director
Phone
3342441801
Signed
2025-05-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Yolanda Merriweather
Formed
1983
Legal Domicile
Al
Voting Board Members
10
Independent Board Members
10
Employees
10
Volunteers
10

Preparer

Firm
Borland Benefield Pc
Address
800 SHADES CREEK PARKWAY SUITE 875, BIRMINGHAM, AL 35209
Preparer
Jeffrey D Chandler CPA
Phone
2058027212
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The organization is a nonprofit organization that is exempt from income taxes under section 501(c)(3) of the internal revenue code. Unrelated business income, of which the organization had none during the year ended september 30, 2024, would be subject to federal income taxes. Consequently, the accompanying financial statements do not reflect any provision for income taxes.

Part X, Line 2

The organization is a nonprofit organization that is exempt from income taxes under section 501(c) (3) of the internal revenue code. Unrelated business income, of which the organization had none during the year ended september 30, 2024, would be subject to federal income taxes. Consequently, the accompanying financial statements do not reflect any provision for income taxes.

Raw XML AppendixShowing 400 of 510 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
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IRS990/ActivityOrMissionDesc0THE ORGANIZATION'S MISSION IS TO PROMOTE SMALL BUSINESS GROWTH AND DEVELOPMENT BY ASSISTING THEM WITH OBTAINING THE FINANCING THEY NEED IN ORDER TO ACHIEVE THAT GROWTH AND DEVELOPMENT INCLUDING JOB CREATION.
IRS990/AdvertisingGrp/ProgramServicesAmt016837
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IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10PRESIDENT AND EXECUTIVE DIRECTOR
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IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01494206
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt010
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt067793
IRS990/InsuranceGrp/ProgramServicesAmt09552
IRS990/InsuranceGrp/TotalAmt077345
IRS990/InvestmentIncomeGrp/ExclusionAmt087246
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt087246
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt08
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt07086
IRS990/LandBldgEquipBasisNetGrp/BOYAmt066508
IRS990/LandBldgEquipBasisNetGrp/EOYAmt052058
IRS990/LandBldgEquipCostOrOtherBssAmt059144
IRS990/LegalDomicileStateCd0AL
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE ORGANIZATION'S MISSION IS TO PROMOTE SMALL BUSINESS GROWTH AND DEVELOPMENT BY ASSISTING THEM WITH OBTAINING THE FINANCING THEY NEED IN ORDER TO ACHIEVE THAT GROWTH AND DEVELOPMENT INCLUDING JOB CREATION.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt04705782
IRS990/NetAssetsOrFundBalancesEOYAmt04819048
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt03619782
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt03819048
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt061821
IRS990/OccupancyGrp/TotalAmt061821
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt06903
IRS990/OfficeExpensesGrp/ProgramServicesAmt04667
IRS990/OfficeExpensesGrp/TotalAmt011570
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0180209
IRS990/OtherAssetsTotalGrp/EOYAmt0197809
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0ECONOMIC REINVESTMENT F
IRS990/OtherExpensesGrp/Desc1LOAN LOSS PROVISION
IRS990/OtherExpensesGrp/Desc2REFERRAL FEES
IRS990/OtherExpensesGrp/Desc3IMPAIRMENT
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt050000
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt110000
IRS990/OtherExpensesGrp/ProgramServicesAmt039041
IRS990/OtherExpensesGrp/ProgramServicesAmt112027
IRS990/OtherExpensesGrp/TotalAmt050000
IRS990/OtherExpensesGrp/TotalAmt139041
IRS990/OtherExpensesGrp/TotalAmt212027
IRS990/OtherExpensesGrp/TotalAmt310000
IRS990/OtherLiabilitiesGrp/BOYAmt0323263
IRS990/OtherLiabilitiesGrp/EOYAmt0337282
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt06282
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt06282
IRS990/OtherRevenueTotalAmt06282
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0155631
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0434619
IRS990/OtherSalariesAndWagesGrp/TotalAmt0590250
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt02372660
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt02229182
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt08062
IRS990/PayrollTaxesGrp/ProgramServicesAmt042887
IRS990/PayrollTaxesGrp/TotalAmt050949
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0961
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt023675
IRS990/PensionPlanContributionsGrp/TotalAmt024636
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt018043
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt020118
IRS990/PrincipalOfficerNm0YOLANDA MERRIWEATHER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522200
IRS990/ProgramServiceRevenueGrp/BusinessCd1522200
IRS990/ProgramServiceRevenueGrp/BusinessCd2522200
IRS990/ProgramServiceRevenueGrp/BusinessCd3522200
IRS990/ProgramServiceRevenueGrp/BusinessCd4522200
IRS990/ProgramServiceRevenueGrp/Desc0LOAN SERVICING FEES
IRS990/ProgramServiceRevenueGrp/Desc1LOAN PACKAGING FEES
IRS990/ProgramServiceRevenueGrp/Desc2FLOAT INTEREST INCOME
IRS990/ProgramServiceRevenueGrp/Desc3LOAN INTEREST
IRS990/ProgramServiceRevenueGrp/Desc4ECONOMIC REINVESTMENT
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0673629
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1326050
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2195319
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3155680
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt450000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0673629
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1326050
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2195319
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3155680
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt450000
IRS990/ProgSrvcAccomActy2Grp/Desc0IN ADDITION TO THE SBA LOAN PROGRAMS, THE ORGANIZATION PROMOTES SMALL BUSINESS GROWTH AND DEVELOPMENT BY MAKING LOANS DIRECTLY TO SMALL BUSINESSES. UNDER CERTAIN CIRCUMSTANCES, THESE DIRECT LOANS ARE MADE IN CONJUNCTION WITH SBA LOANS AND ARE CONSIDERED "GAP" FINANCING. OTHER DIRECT LOANSARE MADE WHERE LOAN AMOUNTS NEEDED BY THE SMALL BUSINESSES ARE SMALLER OR SHORTER TERM OF WEHRE THE USE OF THE PROCEEDS IS MIXED (I.E. FIXED ASSET ACQUISITION OR WORKING CAPITAL) AND MAY NOT BE A CANDIDATE FOR THE SBA 504 PROGRAM.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt03374
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0215845
IRS990/ProgSrvcAccomActy3Grp/Desc0ONE OF THE ORGANIZATION'S PROGRAMS IS RELATED TO THE LOAN SERVICING PROCESS. THE ORGANIZATION RECEIVES MONTHLY SERVICING FEES ON ALL LOANS FUNDED BY THE SBA.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0211691
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0865065
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt046401
IRS990/PYOtherExpensesAmt0507984
IRS990/PYOtherRevenueAmt043701
IRS990/PYProgramServiceRevenueAmt01294193
IRS990/PYRevenuesLessExpensesAmt078306
IRS990/PYSalariesCompEmpBnftPaidAmt0798005
IRS990/PYTotalExpensesAmt01305989
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01384295
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0113266
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0326050
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02059074
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02495928
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt087246
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt046401
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt017631
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt044018
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt050973
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0246269
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01400678
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt01294193
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01084831
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt01336420
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01310952
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt06427074
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt087246
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt046401
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt017631
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt044018
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt050973
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0246269
IRS990ScheduleA/InvestmentIncomeCYPct00.03580
IRS990ScheduleA/InvestmentIncomePYPct00.03890
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt06282
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt043701
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt03931
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt015563
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt0137872
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0207349
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.93410
IRS990ScheduleA/PublicSupportPY509Pct00.93050
IRS990ScheduleA/PublicSupportTotal509Amt06427074
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01400678
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01294193
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01084831
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01336420
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01310952
IRS990ScheduleA/Total509Grp/TotalAmt06427074
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01494206
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01384295
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01106393
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01396001
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01499797
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt06880692
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt03458
IRS990ScheduleD/EquipmentGrp/DepreciationAmt07086
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt010544
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01380940
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt048600
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt048600
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0268350
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt168932
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0REFUNDABLE DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ROU LIABILITY
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01494206
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS A NONPROFIT ORGANIZATION THAT IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. UNRELATED BUSINESS INCOME, OF WHICH THE ORGANIZATION HAD NONE DURING THE YEAR ENDED SEPTEMBER 30, 2024, WOULD BE SUBJECT TO FEDERAL INCOME TAXES. CONSEQUENTLY, THE ACCOMPANYING FINANCIAL STATEMENTS DO NOT REFLECT ANY PROVISION FOR INCOME TAXES.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION IS A NONPROFIT ORGANIZATION THAT IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C) (3) OF THE INTERNAL REVENUE CODE. UNRELATED BUSINESS INCOME, OF WHICH THE ORGANIZATION HAD NONE DURING THE YEAR ENDED SEPTEMBER 30, 2024, WOULD BE SUBJECT TO FEDERAL INCOME TAXES. CONSEQUENTLY, THE ACCOMPANYING FINANCIAL STATEMENTS DO NOT REFLECT ANY PROVISION FOR INCOME TAXES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2
IRS990ScheduleD/TotalBookValueLandBuildingsAmt052058
IRS990ScheduleD/TotalExpensesPerForm990Amt01380940
IRS990ScheduleD/TotalLiabilityAmt0337282
IRS990ScheduleD/TotalRevenuePerForm990Amt01494206
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01494206
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01380940
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0181413

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