Civic Intelligence

Independent Development Services

990 • Fiscal year 2023 • EIN 65-0592148

Oct 01, 2022 to Sep 30, 2023 • Filed on Aug 08, 2024

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

93rd percentile

0.81x

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

2023 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

62nd percentile

0.19x

Higher debt load relative to revenue than 62% of similar nonprofits.

2023 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2023

Net Margin

45th percentile

6.1%

Higher net margin than 45% of similar nonprofits.

2023 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

86th percentile

$144,024

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 8.5% of source-year revenue.

2023 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2023

Asset Growth

42nd percentile

1.8%

Faster asset growth than 42% of similar nonprofits.

2023 filings • 501(c)4 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

48th percentile

5.4%

Faster revenue growth than 48% of similar nonprofits.

2023 filings • 501(c)4 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets93rd percentile

Assets

Up

$402,264

Up $7,295 (+1.8%) from 2022

Net Assets

Up

$75,365

Up $104,075 (+363%) from 2022

Liabilities

Down

$326,899

Down $96,780 (-23%) from 2022

Revenue And Expenses
Liabilities / Revenue62nd percentileNet Margin45th percentile

Revenue

Up

$1,700,032

Up $87,377 (+5.4%) from 2022

Expenses

Down

$1,595,957

Down $181,185 (-10%) from 2022

Net Income

Up

$104,075

Up $268,562 (+163%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth42nd 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

2023

Assets$402,264
Liabilities$326,899
Net Assets$75,365
Open 2023 Filing

Operations Trend

Revenue Growth48th 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

2023

Revenue$1,700,032
Expenses$1,595,957
Net Income$104,075
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2022 to Sep 30, 2023
Signed
Aug 8, 2024
Return Version
2022v5.0
Gross Receipts
$1,700,032
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$135,383$109,028▼ $26,355
Prepaid Expenses and Deferred Charges$17,622$14,808▼ $2,814
Savings and Temporary Cash Investments$6,464$6,417▼ $47
Land, Buildings, and Equipment, Net$5,786$2,862▼ $2,924
Cash and Non-Interest-Bearing Accounts$1,684--
Total Assets$394,969$402,264▲ $7,295
Other Assets Total$228,030$269,149▲ $41,119
Liabilities
Other Liabilities$378,865$296,360▼ $82,505
Accounts Payable and Accrued Expenses$44,814$30,539▼ $14,275
Total Liabilities$423,679$326,899▼ $96,780
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-28,710$75,365▲ $104,075
Total Net Assets Fund Balance$-28,710$75,365▲ $104,075
Total Liabilities and Net Assets / Fund Balance$394,969$402,264▲ $7,295

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$2,862$30,234-
Other Assets Org$39,190--
Compensation and Service Providers
Top Officer Pay86th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Thomas WallacePresident / Asst. SecretarFT$144,024$144,024
Margaret GuzinskiSenior Vice PresidentFT$130,224$130,224
Eric MillerVice PresidentFT$113,912$113,912
William RidgewayVP & Senior UnderwriterFT$104,527$104,527

Board Members and Trustees

NameTitle
Lester ClarkChair
Dan BockhorstDirector
Hakim KassamDirector
Haley CasselmanDirector
Mark LizziDirector
Wayne DaltryDirector
Al WilliamsAssistant Secretary
Mike KozakAssistant Secretary
Suzanne SpechtSecretary / Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,621,432
Investment Income
$0
Other Revenue
$78,600
Change in Net Assets
$104,075

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,700,032
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,700,032
Total Revenue per Form 990
$1,700,032
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,297,612
Other Expenses$298,345
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$519,761--$519,761
Current Officers, Directors, Trustees, and Key Employees$363,038--$363,038
Other Employee Benefits$275,260--$275,260
Information Technology$85,889--$85,889
Pension Plan Contributions$75,813--$75,813
Travel$65,980--$65,980
Payroll Taxes$63,740--$63,740
Occupancy-$52,181-$52,181
Office Expenses-$29,448-$29,448
Fees for Services Accounting-$22,050-$22,050
Insurance-$9,919-$9,919
Fees for Services Other$5,915$3,821-$9,736
Interest-$4,373-$4,373
Fees for Services Legal-$3,162-$3,162
Depreciation Depletion-$2,924-$2,924
Other Expenses$355$1,400-$355
Total Functional Expenses$1,455,751$140,206$0$1,595,957

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,595,957
Total Expenses per Audited Statements$1,595,957
Total Expenses per Form 990$1,595,957
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$229,959
Lease liability - operating$39,846
Accrued payroll and payroll taxes$21,555
Line of Credit$5,000
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
Yes
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
2024-08-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Thomas Wallace
Formed
1995
Legal Domicile
Fl
Voting Board Members
10
Independent Board Members
9
Employees
13
Volunteers
0

Preparer

Firm
Phillips Feldman 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 471 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/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt6Secretary / Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Assistant Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt9President / Asst. Secretar
IRS990/Form990PartVIISectionAGrp/TitleTxt10Senior Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt11VP & Senior Underwriter
IRS990/Form990PartVIISectionAGrp/TitleTxt12Vice President
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IRS990/OtherEmployeeBenefitsGrp/TotalAmt0275260
IRS990/OtherExpensesGrp/Desc0Dues and Subscriptions
IRS990/OtherExpensesGrp/Desc1Consulting Fees
IRS990/OtherExpensesGrp/Desc2PPP Loan Expenses
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt010928
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11400
IRS990/OtherExpensesGrp/ProgramServicesAmt0355
IRS990/OtherExpensesGrp/TotalAmt010928
IRS990/OtherExpensesGrp/TotalAmt11400
IRS990/OtherExpensesGrp/TotalAmt2355
IRS990/OtherLiabilitiesGrp/BOYAmt0378865
IRS990/OtherLiabilitiesGrp/EOYAmt0296360
IRS990/OtherOrganizationDsc0CDC
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0Late payment and other
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt078600
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt078600
IRS990/OtherRevenueTotalAmt078600
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0519761
IRS990/OtherSalariesAndWagesGrp/TotalAmt0519761
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt063740
IRS990/PayrollTaxesGrp/TotalAmt063740
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt075813
IRS990/PensionPlanContributionsGrp/TotalAmt075813
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt017622
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt014808
IRS990/PrincipalOfficerNm0Thomas Wallace
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/BusinessCd3900099
IRS990/ProgramServiceRevenueGrp/Desc0Portfolio Servicing Fe
IRS990/ProgramServiceRevenueGrp/Desc1Funding Fees
IRS990/ProgramServiceRevenueGrp/Desc2Portfolio management s
IRS990/ProgramServiceRevenueGrp/Desc3Commitment Fees, Net
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0793529
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1285499
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2275791
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3133745
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0793529
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1285499
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2275791
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3133745
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0313176
IRS990/PYOtherRevenueAmt011003
IRS990/PYProgramServiceRevenueAmt01601652
IRS990/PYRevenuesLessExpensesAmt0-164487
IRS990/PYSalariesCompEmpBnftPaidAmt01463966
IRS990/PYTotalExpensesAmt01777142
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01612655
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0104075
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01700032
IRS990/SavingsAndTempCashInvstGrp/BOYAmt06464
IRS990/SavingsAndTempCashInvstGrp/EOYAmt06417
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01700032
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01612655
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01844641
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01592157
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01462763
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt08212248
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt08212248
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01700032
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01612655
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01844641
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01592157
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01462763
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt08212248
IRS990ScheduleA/TotalSupportAmt08212248
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt02862
IRS990ScheduleD/EquipmentGrp/DepreciationAmt030234
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt033096
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01595957
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0229959
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt139190
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0457(f) Plan Participant Assets
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1ROU Asset - Operating Lease
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0229959
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt121555
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt25000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt339846
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0457(f) Plan Participant Liabilities
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Accrued payroll and payroll taxes
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Line of Credit
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3Lease liability - operating
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01700032
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/TotalBookValueLandBuildingsAmt02862
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0269149
IRS990ScheduleD/TotalExpensesPerForm990Amt01595957
IRS990ScheduleD/TotalLiabilityAmt0296360
IRS990ScheduleD/TotalRevenuePerForm990Amt01700032
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01700032
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01595957
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/ClubDuesOrFeesInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SubstantiationRequiredInd01
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990ScheduleJ/WrittenPolicyRefTAndEExpnssInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0Portfolio Development Services LLC
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0Portfolio Development Services is 100% owned by Thomas Wallace, President
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0Portfolio Development Services, LLC (PDA), contracted with IDS to provide services to CDC's in New York and Maryland. All revenue is passed through from PDA to IDS, after an allowance for administrative costs. SBA has approved the arrangements and related contracts.
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
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0FL
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0394969
IRS990/TotalAssetsEOYAmt0402264

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$402,264
Liabilities
$326,899
Net assets
$75,365
Revenue
$1,700,032
Expenses
$1,595,957
Net income
$104,075
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