Civic Intelligence

Independent Development Services

990 • Fiscal year 2018 • EIN 65-0592148

Oct 01, 2017 to Sep 30, 2018 • Filed on Aug 09, 2019

Organization Profilewww.idscorp.org

View Organization Page

8280 College Parkway No 204Fort Myers, FL 33919

(239) 652-5588

Siviq Scores

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

Liabilities / Assets

93rd percentile

0.85x

Higher debt load relative to assets than 93% of similar nonprofits.

2018 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

57th percentile

0.16x

Higher debt load relative to revenue than 57% of similar nonprofits.

2018 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2018

Net Margin

31st percentile

-0.8%

Higher net margin than 31% of similar nonprofits.

2018 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2018

Asset Growth

89th percentile

27%

Faster asset growth than 89% of similar nonprofits.

2018 filings • 501(c)4 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

53rd percentile

3.6%

Faster revenue growth than 53% of similar nonprofits.

2018 filings • 501(c)4 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets93rd percentile

Assets

Up

$256,250

Up $53,844 (+27%) from 2017

Net Assets

Down

$37,986

Down $10,406 (-22%) from 2017

Liabilities

Up

$218,264

Up $64,250 (+42%) from 2017

Revenue And Expenses
Liabilities / Revenue57th percentileNet Margin31st percentile

Revenue

Up

$1,343,450

Up $47,167 (+3.6%) from 2017

Expenses

Up

$1,353,856

Up $62,916 (+4.9%) from 2017

Net Income

Down

-$10,406

Down $15,749 (-295%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth89th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MAssets 2011: $84,676Liabilities 2011: $197,459Net Assets 2011: -$112,7832011Assets 2012: $83,403Liabilities 2012: $127,591Net Assets 2012: -$44,1882012Assets 2013: $29,822Liabilities 2013: $126,954Net Assets 2013: -$97,1322013Assets 2014: $38,851Liabilities 2014: $31,701Net Assets 2014: $7,1502014Assets 2015: $40,039Liabilities 2015: $61,558Net Assets 2015: -$21,5192015Assets 2016: $223,827Liabilities 2016: $180,778Net Assets 2016: $43,0492016Assets 2017: $202,406Liabilities 2017: $154,014Net Assets 2017: $48,3922017Assets 2018: $256,250Liabilities 2018: $218,264Net Assets 2018: $37,9862018Assets 2019: $336,484Liabilities 2019: $286,237Net Assets 2019: $50,2472019Assets 2020: $1,102,848Liabilities 2020: $991,235Net Assets 2020: $111,6132020Assets 2021: $4,700,122Liabilities 2021: $4,564,345Net Assets 2021: $135,7772021Assets 2022: $394,969Liabilities 2022: $423,679Net Assets 2022: -$28,7102022Assets 2023: $402,264Liabilities 2023: $326,899Net Assets 2023: $75,3652023Assets 2024: $363,862Liabilities 2024: $330,634Net Assets 2024: $33,2282024

Highlighted filing

2018

Assets$256,250
Liabilities$218,264
Net Assets$37,986
Open 2018 Filing

Operations Trend

Revenue Growth53rd percentile

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

$2.0M$1.0M$0-$1.0MExpenses 2011: $898,4542011Expenses 2012: $994,6672012Expenses 2013: $1,066,1032013Revenue 2014: $988,270Expenses 2014: $883,988Net Income 2014: $104,2822014Revenue 2015: $1,042,907Expenses 2015: $1,071,576Net Income 2015: -$28,6692015Revenue 2016: $1,294,572Expenses 2016: $1,230,004Net Income 2016: $64,5682016Revenue 2017: $1,296,283Expenses 2017: $1,290,940Net Income 2017: $5,3432017Revenue 2018: $1,343,450Expenses 2018: $1,353,856Net Income 2018: -$10,4062018Revenue 2019: $1,462,763Expenses 2019: $1,450,502Net Income 2019: $12,2612019Revenue 2020: $1,592,157Expenses 2020: $1,530,791Net Income 2020: $61,3662020Revenue 2021: $1,844,641Expenses 2021: $1,820,477Net Income 2021: $24,1642021Revenue 2022: $1,612,655Expenses 2022: $1,777,142Net Income 2022: -$164,4872022Revenue 2023: $1,700,032Expenses 2023: $1,595,957Net Income 2023: $104,0752023Revenue 2024: $1,582,941Expenses 2024: $1,625,078Net Income 2024: -$42,1372024

Highlighted filing

2018

Revenue$1,343,450
Expenses$1,353,856
Net Income-$10,406
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2017 to Sep 30, 2018
Signed
Aug 9, 2019
Return Version
2017v2.3
Gross Receipts
$1,343,450
Mission and Program Overview

Mission

Our mission is job creation and retention through SBA Lending.

Job creation and retention through SBA Lending.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$97,828$100,916▲ $3,088
Cash and Non-Interest-Bearing Accounts$25,366$26,202▲ $836
Prepaid Expenses and Deferred Charges$13,105$11,436▼ $1,669
Savings and Temporary Cash Investments$5,079$10,097▲ $5,018
Land, Buildings, and Equipment, Net$6,071$7,259▲ $1,188
Total Assets$202,406$256,250▲ $53,844
Other Assets Total$54,957$100,340▲ $45,383
Liabilities
Other Liabilities$104,957$169,473▲ $64,516
Accounts Payable and Accrued Expenses$49,057$48,791▼ $266
Total Liabilities$154,014$218,264▲ $64,250
Net Assets / Fund Balance
Unrestricted Net Assets$48,392$37,986▼ $10,406
Total Net Assets Fund Balance$48,392$37,986▼ $10,406
Total Liabilities and Net Assets / Fund Balance$202,406$256,250▲ $53,844

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$7,259$55,387-
Other Assets Org$100,340--
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
Thomas WallacePresident / Asst. SecretarFT$120,000$52,053$172,053

Board Members and Trustees

NameTitle
Lester ClarkChairman
Cheryl Admire-BergauDirector
Dan BockhorstDirector
Hakim KassamDirector
Haley DeRudderDirector
Mark LizziDirector
Wayne DaltryDirector
Al WilliamsAssistant Secretary
Mike KozakAssistant Secretary
Jennifer Edwards-WalkerMember
Suzanne SpechtSecretary / Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,343,450
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-10,406

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,343,450
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,343,450
Total Revenue per Form 990
$1,343,450
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,063,816
Other Expenses$290,040
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$627,917--$627,917
Other Employee Benefits$282,152--$282,152
Current Officers, Directors, Trustees, and Key Employees$101,601--$101,601
Office Expenses-$78,214-$78,214
Travel$78,182--$78,182
Information Technology$62,172--$62,172
Payroll Taxes$52,146--$52,146
Occupancy-$22,689-$22,689
Fees for Services Accounting-$21,063-$21,063
Insurance-$8,473-$8,473
Fees for Services Legal-$7,627-$7,627
Fees for Services Other$6,500$317-$6,817
Interest-$2,158-$2,158
Depreciation Depletion-$1,952-$1,952
Advertising-$693-$693
Total Functional Expenses$1,210,670$143,186$0$1,353,856

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,353,856
Total Expenses per Audited Statements$1,353,856
Total Expenses per Form 990$1,353,856
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
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
457(f) Plan Participant Liabilities$100,340
Line of credit$40,000
Accrued payroll and payroll taxes$29,133
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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 A, line 7A

“Members of the Board of Directors vote to approve new members to the Board in keeping with SBA regulations.”

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

“The President and appropriate staff will review and approve the 990 prior to submission and provide all members of the Board with the opportunity to review the draft document and the proposed changes.”

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

“The conflict of interest policy is derived from the SBA's SOP 50 10 5. The policy is reflected in the CDC's internal policy and control documents and overall compliance is monitored by the SBA.”

Form 990, Part VI, Section B, line 15

“Salaries are approved by the Board of Directors on an annual basis.”

Form 990, Part VI, Section C, line 19

“Governing documents, conflict of interest policy, and financial statements are available upon request.”

Filing and Contact Details

Filer

Filer Name
Independent Development Services
EIN
65-0592148
Phone
2396525588
Address
8280 College Parkway No 204, Fort Myers, FL 33919

Signing Officer

Name
Thomas Wallace
Title
President
Phone
2396525588
Signed
2019-08-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Thomas Wallace
Formed
1995
Legal Domicile
Fl
Voting Board Members
12
Independent Board Members
11
Employees
10
Volunteers
0

Preparer

Firm
Phillips Harvey Group
Address
801 Laurel Oak Drive Suite 303, Naples, FL 34108-2764
Preparer
Nathan A Phillips CPA
Phone
2395661600
Supplemental Narrative

Financial Statement Notes

Part X, Line 2:

“IDS has evaluated its tax position and concluded that the organization has taken no uncertain tax positions that require adjustment to the financial statements to comply with the provision of the accounting guidance for uncertainty in income taxes within the income taxes topic of the FASB Accounting Standards Codification.”

Raw XML AppendixShowing 400 of 455 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt049057
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt048791
IRS990/AccountsReceivableGrp/BOYAmt097828
IRS990/AccountsReceivableGrp/EOYAmt0100916
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0Job creation and retention through SBA Lending.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0693
IRS990/AdvertisingGrp/TotalAmt0693
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0Thomas Wallace & Eric Miller
IRS990/BooksInCareOfDetail/PhoneNum02396526658
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt08280 College Parkway
IRS990/BooksInCareOfDetail/USAddress/CityNm0Fort Myers
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0FL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd033919
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt025366
IRS990/CashNonInterestBearingGrp/EOYAmt026202
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0101601
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0101601
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0290040
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt01343450
IRS990/CYRevenuesLessExpensesAmt0-10406
IRS990/CYSalariesCompEmpBnftPaidAmt01063816
IRS990/CYTotalExpensesAmt01353856
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01343450
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt01952
IRS990/DepreciationDepletionGrp/TotalAmt01952
IRS990/Desc0IDS Corporation is licensed by the US Small Business Administration as a Certified Development Company, making and servicing loans under the SBA 504 program. Historically the Company had averaged approvals of twenty new loans per year for an amount slightly in excess of $28M annually. The Company also, with the consent of the SBA, as the appropriate federal regulator, provides support services to other CDC licenses for marketing, underwriting, and portfolio management; in the states of NY, MD, KY, TN, NC, MS, LA, VA, and DC.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt010
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt01210670
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt021063
IRS990/FeesForServicesAccountingGrp/TotalAmt021063
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt07627
IRS990/FeesForServicesLegalGrp/TotalAmt07627
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0317
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt06500
IRS990/FeesForServicesOtherGrp/TotalAmt06817
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt73.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt83.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt93.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt103.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1160.00
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/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/PersonNm0Hakim Kassam
IRS990/Form990PartVIISectionAGrp/PersonNm1Wayne Daltry
IRS990/Form990PartVIISectionAGrp/PersonNm2Cheryl Admire-Bergau
IRS990/Form990PartVIISectionAGrp/PersonNm3Jennifer Edwards-Walker
IRS990/Form990PartVIISectionAGrp/PersonNm4Mike Kozak
IRS990/Form990PartVIISectionAGrp/PersonNm5Mark Lizzi
IRS990/Form990PartVIISectionAGrp/PersonNm6Haley DeRudder
IRS990/Form990PartVIISectionAGrp/PersonNm7Lester Clark
IRS990/Form990PartVIISectionAGrp/PersonNm8Suzanne Specht
IRS990/Form990PartVIISectionAGrp/PersonNm9Dan Bockhorst
IRS990/Form990PartVIISectionAGrp/PersonNm10Al Williams
IRS990/Form990PartVIISectionAGrp/PersonNm11Thomas Wallace
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11172053
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/TitleTxt0Director
IRS990/Form990PartVIISectionAGrp/TitleTxt1Director
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Member
IRS990/Form990PartVIISectionAGrp/TitleTxt4Assistant Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt8Secretary / Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Assistant Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt11President / Asst. Secretar
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01995
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt012
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01343450
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt011
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt062172
IRS990/InformationTechnologyGrp/TotalAmt062172
IRS990/InsuranceGrp/ManagementAndGeneralAmt08473
IRS990/InsuranceGrp/TotalAmt08473
IRS990/InterestGrp/ManagementAndGeneralAmt02158
IRS990/InterestGrp/TotalAmt02158
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt055387
IRS990/LandBldgEquipBasisNetGrp/BOYAmt06071
IRS990/LandBldgEquipBasisNetGrp/EOYAmt07259
IRS990/LandBldgEquipCostOrOtherBssAmt062646
IRS990/LegalDomicileStateCd0FL
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0Our mission is job creation and retention through SBA Lending.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt048392
IRS990/NetAssetsOrFundBalancesEOYAmt037986
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt022689
IRS990/OccupancyGrp/TotalAmt022689
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt078214
IRS990/OfficeExpensesGrp/TotalAmt078214
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt054957
IRS990/OtherAssetsTotalGrp/EOYAmt0100340
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0282152
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0282152
IRS990/OtherLiabilitiesGrp/BOYAmt0104957
IRS990/OtherLiabilitiesGrp/EOYAmt0169473
IRS990/OtherOrganizationDsc0CDC
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0627917
IRS990/OtherSalariesAndWagesGrp/TotalAmt0627917
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt052146
IRS990/PayrollTaxesGrp/TotalAmt052146
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt013105
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt011436
IRS990/PrincipalOfficerNm0Thomas Wallace
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/Desc0Portfolio Servicing Fe
IRS990/ProgramServiceRevenueGrp/Desc1Funding Fees
IRS990/ProgramServiceRevenueGrp/Desc2Commitment Fees, Net
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0803169
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1278136
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2167628
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0803169
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1278136
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2167628
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0277050
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt01296283
IRS990/PYRevenuesLessExpensesAmt05343
IRS990/PYSalariesCompEmpBnftPaidAmt01013890
IRS990/PYTotalExpensesAmt01290940
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01296283
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-10406
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01343450
IRS990/SavingsAndTempCashInvstGrp/BOYAmt05079
IRS990/SavingsAndTempCashInvstGrp/EOYAmt010097
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01343450
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01296283
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01294572
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01042907
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0988270
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt05965482
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt05965482
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01343450
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01296283
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01294572
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01042907
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0988270
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt05965482
IRS990ScheduleA/TotalSupportAmt05965482
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt07259
IRS990ScheduleD/EquipmentGrp/DepreciationAmt055387
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt062646
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01353856
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0100340
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0457(f) Plan Participant Assets
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0100340
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt129133
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt240000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0457(f) Plan Participant Liabilities
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Accrued payroll and payroll taxes
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Line of credit
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01343450
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0IDS has evaluated its tax position and concluded that the organization has taken no uncertain tax positions that require adjustment to the financial statements to comply with the provision of the accounting guidance for uncertainty in income taxes within the income taxes topic of the FASB Accounting Standards Codification.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt07259
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0100340
IRS990ScheduleD/TotalExpensesPerForm990Amt01353856
IRS990ScheduleD/TotalLiabilityAmt0169473
IRS990ScheduleD/TotalRevenuePerForm990Amt01343450
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01343450
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01353856
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/ClubDuesOrFeesInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0120000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount052053
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Thomas Wallace
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0President / Asst. Secretar
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0172053
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SubstantiationRequiredInd01
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990ScheduleJ/WrittenPolicyRefTAndEExpnssInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Members of the Board of Directors vote to approve new members to the Board in keeping with SBA regulations.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The President and appropriate staff will review and approve the 990 prior to submission and provide all members of the Board with the opportunity to review the draft document and the proposed changes.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The conflict of interest policy is derived from the SBA's SOP 50 10 5. The policy is reflected in the CDC's internal policy and control documents and overall compliance is monitored by the SBA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Salaries are approved by the Board of Directors on an annual basis.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Governing documents, conflict of interest policy, and financial statements are available upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, line 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0FL
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0202406
IRS990/TotalAssetsEOYAmt0256250
IRS990/TotalAssetsGrp/BOYAmt0202406
IRS990/TotalAssetsGrp/EOYAmt0256250
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalEmployeeCnt010
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0143186
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01210670
IRS990/TotalFunctionalExpensesGrp/TotalAmt01353856
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0154014
IRS990/TotalLiabilitiesEOYAmt0218264
IRS990/TotalLiabilitiesGrp/BOYAmt0154014
IRS990/TotalLiabilitiesGrp/EOYAmt0218264
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt048392
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt037986
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt094517
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt094517
IRS990/TotalProgramServiceExpensesAmt01210670
IRS990/TotalProgramServiceRevenueAmt01343450
IRS990/TotalReportableCompFromOrgAmt0172053
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01343450
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01343450

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$256,250
Liabilities
$218,264
Net assets
$37,986
Revenue
$1,343,450
Expenses
$1,353,856
Net income
-$10,406
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.36$0.33$0.03$1.58$1.63$0.04
2023Detailed filing. Detailed filing data is available for this year.$0.40$0.33$0.08$1.70$1.60$0.10
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.39$0.42$0.03$1.61$1.78$0.16
2021Detailed filing. Detailed filing data is available for this year.$4.70$4.56$0.14$1.84$1.82$0.02
2020Detailed filing. Detailed filing data is available for this year.$1.10$0.99$0.11$1.59$1.53$0.06
2019Detailed filing. Detailed filing data is available for this year.$0.34$0.29$0.05$1.46$1.45$0.01
2018Detailed filing. Detailed filing data is available for this year.$0.26$0.22$0.04$1.34$1.35$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.20$0.15$0.05$1.30$1.29$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.22$0.18$0.04$1.29$1.23$0.06
2015Detailed filing. Detailed filing data is available for this year.$0.04$0.06$0.02$1.04$1.07$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.04$0.03$0.01$0.99$0.88$0.10
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.03$0.13$0.10$1.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.08$0.13$0.04$0.99
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.08$0.20$0.11$0.90