Civic Intelligence

Independent Development Services

990 • Fiscal year 2020 • EIN 65-0592148

Oct 01, 2019 to Sep 30, 2020 • Filed on Feb 15, 2021

Organization Profilewww.idscorp.org

View Organization Page

8280 College Parkway Suite 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

94th percentile

0.90x

Higher debt load relative to assets than 94% of similar nonprofits.

2020 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

76th percentile

0.62x

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

2020 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2020

Net Margin

40th percentile

3.9%

Higher net margin than 40% of similar nonprofits.

2020 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

90th percentile

$173,967

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 10.9% of source-year revenue.

2020 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2020

Asset Growth

97th percentile

228%

Faster asset growth than 97% of similar nonprofits.

2020 filings • 501(c)4 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

67th percentile

8.8%

Faster revenue growth than 67% of similar nonprofits.

2020 filings • 501(c)4 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets94th percentile

Assets

Up

$1,102,848

Up $766,364 (+228%) from 2019

Net Assets

Up

$111,613

Up $61,366 (+122%) from 2019

Liabilities

Up

$991,235

Up $704,998 (+246%) from 2019

Revenue And Expenses
Liabilities / Revenue76th percentileNet Margin40th percentile

Revenue

Up

$1,592,157

Up $129,394 (+8.8%) from 2019

Expenses

Up

$1,530,791

Up $80,289 (+5.5%) from 2019

Net Income

Up

$61,366

Up $49,105 (+400%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth97th 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

2020

Assets$1,102,848
Liabilities$991,235
Net Assets$111,613
Open 2020 Filing

Operations Trend

Revenue Growth67th 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

2020

Revenue$1,592,157
Expenses$1,530,791
Net Income$61,366
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2019 to Sep 30, 2020
Signed
Feb 15, 2021
Return Version
2019v5.2
Gross Receipts
$1,592,157
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
Other Notes and Loans Receivable, Net-$619,358-
Accounts Receivable$118,888$120,991▲ $2,103
Savings and Temporary Cash Investments$15,111$90,604▲ $75,493
Cash and Non-Interest-Bearing Accounts$38,397$66,380▲ $27,983
Land, Buildings, and Equipment, Net$4,870$12,075▲ $7,205
Prepaid Expenses and Deferred Charges$8,438$11,669▲ $3,231
Total Assets$336,484$1,102,848▲ $766,364
Other Assets Total$150,780$181,771▲ $30,991
Liabilities
Mortgage Notes Payable Secured by Investment Property$0$619,358▲ $619,358
Other Liabilities$264,556$357,445▲ $92,889
Accounts Payable and Accrued Expenses$21,681$14,432▼ $7,249
Total Liabilities$286,237$991,235▲ $704,998
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$50,247$111,613▲ $61,366
Total Net Assets Fund Balance$50,247$111,613▲ $61,366
Total Liabilities and Net Assets / Fund Balance$336,484$1,102,848▲ $766,364

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$12,075$15,159-
Other Assets Org$181,771--
Compensation and Service Providers
Top Officer Pay90th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Thomas WallacePresident / Asst. SecretarFT$143,967$30,000$173,967
Margaret GuzinskiSenior Vice PresidentFT$106,211-$106,211
William RidgewayVP & Senior UnderwriterFT$101,820-$101,820

Board Members and Trustees

NameTitle
Lester ClarkChair
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
$1,583,821
Investment Income
$0
Other Revenue
$8,336
Change in Net Assets
$61,366

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,592,157
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,592,157
Total Revenue per Form 990
$1,592,157
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,267,332
Other Expenses$263,459
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$476,038--$476,038
Current Officers, Directors, Trustees, and Key Employees$381,791--$381,791
Other Employee Benefits$247,553--$247,553
Pension Plan Contributions$106,461--$106,461
Information Technology$60,069--$60,069
Payroll Taxes$55,489--$55,489
Occupancy-$47,663-$47,663
Travel$46,988--$46,988
Office Expenses-$30,813-$30,813
Fees for Services Other$8,105$18,701-$26,806
Fees for Services Accounting-$19,569-$19,569
Insurance-$10,555-$10,555
Fees for Services Legal-$8,667-$8,667
Other Expenses-$4,837-$4,837
Depreciation Depletion-$4,193-$4,193
Interest-$3,299-$3,299
Total Functional Expenses$1,382,494$148,297$0$1,530,791

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,530,791
Total Expenses per Audited Statements$1,530,791
Total Expenses per Form 990$1,530,791
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$181,771
Accrued payroll and payroll taxes$167,682
Capital Lease Obligation$7,992
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 A, line 6

“The organization has voting members.”

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 6. SBA has recently mandated that any conflict of interest policy should be a stand-alone document. The Corporation is complying with this new mandate.”

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 Suite 204, Fort Myers, FL 33919

Signing Officer

Name
Thomas Wallace
Title
President
Phone
2396525588
Signed
2021-02-15
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
14
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 481 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.

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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. The Corporation also participated in the SBA's Payroll Protection Program (PPP), as a Lender under the allowance for Community Financial Institutions (CFIs).
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IRS990/Form990PartVIISectionAGrp/PersonNm10Al Williams
IRS990/Form990PartVIISectionAGrp/PersonNm11Thomas Wallace
IRS990/Form990PartVIISectionAGrp/PersonNm12Margaret Guzinski
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IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Chair
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IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Assistant Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt11President / Asst. Secretar
IRS990/Form990PartVIISectionAGrp/TitleTxt12Senior Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt13VP & Senior Underwriter
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IRS990/NetAssetsOrFundBalancesBOYAmt050247
IRS990/NetAssetsOrFundBalancesEOYAmt0111613
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt050247
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0111613
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt047663
IRS990/OccupancyGrp/TotalAmt047663
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt030813
IRS990/OfficeExpensesGrp/TotalAmt030813
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0150780
IRS990/OtherAssetsTotalGrp/EOYAmt0181771
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0247553
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0247553
IRS990/OtherExpensesGrp/Desc0Dues and Subscriptions
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt04837
IRS990/OtherExpensesGrp/TotalAmt04837
IRS990/OtherLiabilitiesGrp/BOYAmt0264556
IRS990/OtherLiabilitiesGrp/EOYAmt0357445
IRS990/OtherOrganizationDsc0CDC
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0Late payment and other
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt08336
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt08336
IRS990/OtherRevenueTotalAmt08336
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0476038
IRS990/OtherSalariesAndWagesGrp/TotalAmt0476038
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0619358
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt055489
IRS990/PayrollTaxesGrp/TotalAmt055489
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0106461
IRS990/PensionPlanContributionsGrp/TotalAmt0106461
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt08438
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt011669
IRS990/PrincipalOfficerNm0Thomas Wallace
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/Desc0Portfolio Servicing Fe
IRS990/ProgramServiceRevenueGrp/Desc1Commitment Fees, Net
IRS990/ProgramServiceRevenueGrp/Desc2Funding Fees
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01040183
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1211074
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2202137
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01040183
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1211074
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2202137
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0276771
IRS990/PYOtherRevenueAmt07475
IRS990/PYProgramServiceRevenueAmt01455288
IRS990/PYRevenuesLessExpensesAmt012261
IRS990/PYSalariesCompEmpBnftPaidAmt01173731
IRS990/PYTotalExpensesAmt01450502
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01462763
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt061366
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01592157
IRS990/SavingsAndTempCashInvstGrp/BOYAmt015111
IRS990/SavingsAndTempCashInvstGrp/EOYAmt090604
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01592157
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01462763
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01343450
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01296283
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01294572
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt06989225
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt06989225
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01592157
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01462763
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01343450
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01296283
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01294572
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt06989225
IRS990ScheduleA/TotalSupportAmt06989225
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt012075
IRS990ScheduleD/EquipmentGrp/DepreciationAmt015159
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt027234
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01530791
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0181771
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0457(f) Plan Participant Assets
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0181771
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1167682
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt27992
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0457(f) Plan Participant Liabilities
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Accrued payroll and payroll taxes
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Capital Lease Obligation
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01592157
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/TotalBookValueLandBuildingsAmt012075
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0181771
IRS990ScheduleD/TotalExpensesPerForm990Amt01530791
IRS990ScheduleD/TotalLiabilityAmt0357445
IRS990ScheduleD/TotalRevenuePerForm990Amt01592157
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01592157
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01530791
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/ClubDuesOrFeesInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0143967
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount030000
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/TotalCompensationFilingOrgAmt0173967
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SubstantiationRequiredInd01
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990ScheduleJ/WrittenPolicyRefTAndEExpnssInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The organization has voting members.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Members of the Board of Directors vote to approve new members to the Board in keeping with SBA regulations.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The 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/ExplanationTxt3The conflict of interest policy is derived from the SBA's SOP 50 10 6. SBA has recently mandated that any conflict of interest policy should be a stand-alone document. The Corporation is complying with this new mandate.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Salaries are approved by the Board of Directors on an annual basis.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Governing documents, conflict of interest policy, and financial statements are available upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section C, line 19
IRS990/SchoolOperatingInd00

Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,102,848
Liabilities
$991,235
Net assets
$111,613
Revenue
$1,592,157
Expenses
$1,530,791
Net income
$61,366
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