Civic Intelligence

Peoplefund

990 • Fiscal year 2019 • EIN 74-2814572

Jan 01, 2019 to Dec 31, 2019 • Filed on Jun 29, 2020

Organization Profilewww.peoplefund.org

View Organization Page

2921 E 17th St Bldg D No 1Austin, TX 78702

(512) 472-8087

Siviq Scores

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

Liabilities / Assets

84th percentile

0.75x

Higher debt load relative to assets than 84% of similar nonprofits.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2019

Liabilities / Revenue

93rd percentile

4.42x

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

2019 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2019

Net Margin

70th percentile

11%

Higher net margin than 70% of similar nonprofits.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2019

Top Officer Pay

36th percentile

$199,773

Higher top officer pay than 36% of similar nonprofits.

Top officer pay equals 2.7% of source-year revenue.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2019

Asset Growth

54th percentile

5.2%

Faster asset growth than 54% of similar nonprofits.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2018 to 2019

Revenue Growth

86th percentile

30%

Faster revenue growth than 86% of similar nonprofits.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets84th percentile

Assets

Up

$43,786,746

Up $2,160,644 (+5.2%) from 2018

Net Assets

Down

$11,147,434

Down $1,641,190 (-13%) from 2018

Liabilities

Up

$32,639,312

Up $3,801,834 (+13%) from 2018

Revenue And Expenses
Liabilities / Revenue93rd percentileNet Margin70th percentile

Revenue

Up

$7,384,956

Up $1,708,074 (+30%) from 2018

Expenses

Up

$6,541,978

Up $1,035,162 (+19%) from 2018

Net Income

Up

$842,978

Up $672,912 (+396%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth54th percentile

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

$100M$50M$0Assets 2011: $12,943,075Liabilities 2011: $5,948,167Net Assets 2011: $6,994,9082011Assets 2012: $13,712,011Liabilities 2012: $6,540,444Net Assets 2012: $7,171,5672012Assets 2013: $14,468,411Liabilities 2013: $7,167,815Net Assets 2013: $7,300,5962013Assets 2014: $15,334,695Liabilities 2014: $7,854,275Net Assets 2014: $7,480,4202014Assets 2015: $19,812,844Liabilities 2015: $12,672,851Net Assets 2015: $7,139,9932015Assets 2016: $30,432,930Liabilities 2016: $18,832,597Net Assets 2016: $11,600,3332016Assets 2017: $39,491,560Liabilities 2017: $26,755,600Net Assets 2017: $12,735,9602017Assets 2018: $41,626,102Liabilities 2018: $28,837,478Net Assets 2018: $12,788,6242018Assets 2019: $43,786,746Liabilities 2019: $32,639,312Net Assets 2019: $11,147,4342019Assets 2020: $52,643,100Liabilities 2020: $39,008,959Net Assets 2020: $13,634,1412020Assets 2021: $66,108,373Liabilities 2021: $45,469,148Net Assets 2021: $20,639,2252021Assets 2022: $70,013,078Liabilities 2022: $49,309,435Net Assets 2022: $20,703,6432022Assets 2023: $75,269,243Liabilities 2023: $54,084,657Net Assets 2023: $21,184,5862023Assets 2024: $97,649,169Liabilities 2024: $66,630,904Net Assets 2024: $31,018,2652024

Highlighted filing

2019

Assets$43,786,746
Liabilities$32,639,312
Net Assets$11,147,434
Open 2019 Filing

Operations Trend

Revenue Growth86th percentile

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

$30M$20M$10M$0-$10MRevenue 2011: $1,748,980Expenses 2011: $1,950,138Net Income 2011: -$201,1582011Revenue 2012: $1,683,750Expenses 2012: $1,739,030Net Income 2012: -$55,2802012Revenue 2013: $2,379,064Expenses 2013: $2,250,035Net Income 2013: $129,0292013Revenue 2014: $2,714,033Expenses 2014: $2,534,209Net Income 2014: $179,8242014Revenue 2015: $2,891,136Expenses 2015: $3,231,563Net Income 2015: -$340,4272015Revenue 2016: $6,443,655Expenses 2016: $4,389,401Net Income 2016: $2,054,2542016Revenue 2017: $7,094,094Expenses 2017: $5,858,954Net Income 2017: $1,235,1402017Revenue 2018: $5,676,882Expenses 2018: $5,506,816Net Income 2018: $170,0662018Revenue 2019: $7,384,956Expenses 2019: $6,541,978Net Income 2019: $842,9782019Revenue 2020: $15,691,172Expenses 2020: $13,204,465Net Income 2020: $2,486,7072020Revenue 2021: $14,535,836Expenses 2021: $7,530,752Net Income 2021: $7,005,0842021Revenue 2022: $11,186,466Expenses 2022: $10,360,911Net Income 2022: $825,5552022Revenue 2023: $11,176,295Expenses 2023: $11,205,653Net Income 2023: -$29,3582023Revenue 2024: $23,699,129Expenses 2024: $13,869,670Net Income 2024: $9,829,4592024

Highlighted filing

2019

Revenue$7,384,956
Expenses$6,541,978
Net Income$842,978
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jun 29, 2020
Return Version
2019v5.1
Gross Receipts
$20,624,457
Mission and Program Overview

Mission

PeopleFund creates economic opportunity and financial stability for underserved people by providing access to capital, education, and resources to build healthy small businesses.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$25,327,448$28,411,646▲ $3,084,198
Savings and Temporary Cash Investments$11,224,977$9,616,152▼ $1,608,825
Land, Buildings, and Equipment, Net$3,232,733$3,135,701▼ $97,032
Pledges and Grants Receivable$424,248$1,384,254▲ $960,006
Cash and Non-Interest-Bearing Accounts$1,276,070$1,140,968▼ $135,102
Prepaid Expenses and Deferred Charges$118,139$56,018▼ $62,121
Total Assets$41,626,102$43,786,746▲ $2,160,644
Other Assets Total$22,487$42,007▲ $19,520
Liabilities
Unsecured Notes Loans Payable$25,183,098$27,842,770▲ $2,659,672
Mortgage Notes Payable Secured by Investment Property$2,986,882$3,599,418▲ $612,536
Accounts Payable and Accrued Expenses$592,556$1,182,993▲ $590,437
Other Liabilities$74,942$14,131▼ $60,811
Total Liabilities$28,837,478$32,639,312▲ $3,801,834
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$12,309,911$10,939,368▼ $1,370,543
Net Assets With Donor Restrictions$478,713$208,066▼ $270,647
Total Net Assets Fund Balance$12,788,624$11,147,434▼ $1,641,190
Total Liabilities and Net Assets / Fund Balance$41,626,102$43,786,746▲ $2,160,644

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,572,194$712,936$3,285,130
Equipment$177,200$331,314$508,514
Land$379,880-$379,880
Other Land Buildings$6,427$34,315$40,742
Compensation and Service Providers
Top Officer Pay36th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Gary LindnerFormer President and CEOFT$181,619$18,154$199,773
Julia DunnCFOFT$111,360$12,440$123,800
Gustavo LasalaPresident and CEOFT$62,264$973$63,237

Board Members and Trustees

NameTitle
Yolanda DavilaChair
Robert Franco JrPast Chair
Brian A HallVice Chair
Anna SanchezDirector
Cecilia CasteloDirector
Eric M BustosDirector
James Nortey IIDirector
John M RonningDirector
Kathy D BurrellDirector
Larry ConleyDirector
Larry MillerDirector
Nina NelmsDirector
Donna C NormandinSecretary
Mike PerrineTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,398,120
Program Service Revenue
$3,974,812
Investment Income
$926,481
Other Revenue
$85,543
All Other Contributions
$1,408,012
Change in Net Assets
$842,978

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,324,178
Revenue Not Reported on Financial Statements
$60,778
Revenue Not Reported on Form 990
$62,621
Total Revenue per Audited Statements
$7,386,799
Total Revenue per Form 990
$7,384,956
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,431,338
Salaries, Compensation, and Employee Benefits$3,110,640
Total Fundraising Expense$159,803
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,898,051$275,672$89,439$2,263,162
Interest$615,238--$615,238
Current Officers, Directors, Trustees, and Key Employees$297,932$43,272$14,039$355,243
Other Employee Benefits$183,548$26,659$8,649$218,856
Payroll Taxes$179,840$26,120$8,474$214,434
Office Expenses$158,125$22,965$3,369$184,459
Information Technology$152,665$22,173$7,194$182,032
Depreciation Depletion$129,463$18,804$6,100$154,367
Fees for Services Legal$139,847--$139,847
Fees for Services Other$98,005$25,986$5,776$129,767
Travel$88,462$12,850$4,168$105,480
Advertising$77,037$5,245$1,702$83,984
Insurance$55,719$8,092$2,626$66,437
Pension Plan Contributions$49,436$7,180$2,329$58,945
Fees for Services Accounting$45,277$1,301$422$47,000
Occupancy$33,861$4,918$1,595$40,374
Other Expenses$83,206$2,472$3,921$2,472
Total Functional Expenses$5,866,382$515,793$159,803$6,541,978

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$6,600,574
Expenses per Audited Statements$6,541,978
Total Expenses per Form 990$6,541,978
Expenses Not Reported on Form 990$58,596
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$30,788
Fundraising Gross Income$3,138
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
East Night$82,138$3,138$6,513$-3,375
Total Events$82,138$3,138$30,788$-27,650
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Security Deposits$8,405
Secondary Market Discount$5,280
Amortized Accrued Interest$446
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“PeopleFund CFO reviews and finalizes the Form 990 with input from the CEO. The CEO presents the 990 to the Board for review.”

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

“PeopleFund provides the conflict of interest statement to all board members and staff in their respective orientation. PeopleFund provides new board members and staff training on the conflict of interest policy during orientation.”

Form 990, Part VI, Section B, line 15A

“Compensation for the Executive Director is determined by the Executive Committee, and subsequently ratified by the board, using comparability data from similar size non-profits in the area. The decision and approval of compensation is documented and maintained in the employee file.”

Form 990, Part VI, Section C, line 19

“The organization makes available organizing documents to the public, upon request.”

Filing and Contact Details

Filer

Filer Name
PeopleFund
EIN
74-2814572
Phone
5124728087
Address
2921 E 17th St Bldg D No 1, Austin, TX 78702

Signing Officer

Name
Gustavo Lasala
Title
President & CEO
Phone
5122221002
Signed
2020-06-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gustavo Lasala
Formed
1994
Legal Domicile
TX
Voting Board Members
13
Independent Board Members
13
Employees
56
Volunteers
183

Preparer

Firm
Pmb Helin Donovan Llp
Address
12301 Research Blvd Bldg 5 160, Austin, TX 78759
Preparer
Kelly Logan
Phone
5122589670
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9, Change in Net Assets

“The consolidated financial statements for the year ended December 31, 2018 have been restated. Beginning of the year net assets have been adjusted to reflect the nature of PeopleFund's contracts with the City of Dallas. PeopleFund's contract with the City of Dallas required the return of the CDBG & SDSBLP program's undistributed cash and uncollected notes receivable upon the termination of the contracts. This restatement resulted in an increase of $2,427,415 to Accounts Payable and a decrease of $2,427,415 to Net Assets Without Donor Restrictions. All program related cash and notes receivables of the discontinued program were transferred to the City of Dallas prior to December 31, 2019.”

Financial Statement Notes

Part X, Line 2:

“PeopleFund is a nonprofit organization exempt from federal income taxes under IRS Code Section 501(c)(3). Therefore, no provision has been made for Federal income taxes in the accompanying financial statements. PeopleFund, as the exempt owner of PeopleFund NMTC, LLC and PeopleFund Advisors, LLC has elected to treat these entities as disregarded as such the operations and finances of these entities is treated as PeopleFund's for tax and information reporting purposes. PeopleFund believes the activities of PeopleFund NMTC, LLC are aligned with PeopleFund's mission, so no tax would be due on any earnings. The Organization's management has analyzed the tax positions taken by PeopleFund, and has concluded that as of December 31, 2019 and 2018, there are no uncertain positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements. PeopleFund is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. The Organization's management believes it is generally no longer subject to tax examinations relating to federal and state tax returns for three years after filing the returns.”

Part XI, Line 2D - Other Adjustments:

“Reclass for Fundraising Expenses 30,788. Reclass for loss on sale of assets 165.”

Part XII, Line 2D - Other Adjustments:

“Reclass for Fundraising Expenses 30,788. Reclass for loss on sale of assets 165.”

Raw XML AppendixShowing 400 of 684 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/BOYAmt0592556
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt01182993
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0PeopleFund creates economic opportunity and financial stability for underserved people by providing access to capital, education, and resources to build healthy small businesses.
IRS990/AdvertisingGrp/FundraisingAmt01702
IRS990/AdvertisingGrp/ManagementAndGeneralAmt05245
IRS990/AdvertisingGrp/ProgramServicesAmt077037
IRS990/AdvertisingGrp/TotalAmt083984
IRS990/AllOtherContributionsAmt01408012
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0Julia Dunn
IRS990/BooksInCareOfDetail/PhoneNum05122221014
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt02921 E 17th St Bldg D
IRS990/BooksInCareOfDetail/USAddress/CityNm0Austin
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990/BooksInCareOfDetail/USAddress/ZIPCd078702
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt01276070
IRS990/CashNonInterestBearingGrp/EOYAmt01140968
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt014039
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt043272
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0297932
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0355243
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/ContriRptFundraisingEventAmt079000
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt02398120
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0926481
IRS990/CYOtherExpensesAmt03431338
IRS990/CYOtherRevenueAmt085543
IRS990/CYProgramServiceRevenueAmt03974812
IRS990/CYRevenuesLessExpensesAmt0842978
IRS990/CYSalariesCompEmpBnftPaidAmt03110640
IRS990/CYTotalExpensesAmt06541978
IRS990/CYTotalFundraisingExpenseAmt0159803
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt07384956
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/FundraisingAmt06100
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt018804
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0129463
IRS990/DepreciationDepletionGrp/TotalAmt0154367
IRS990/Desc0PeopleFund provides access to capital, education, and resources to underserved people throughout the State of Texas.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonatedServicesAndUseFcltsAmt04025
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt0478713
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt0208066
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt056
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt05866382
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesAccountingGrp/FundraisingAmt0422
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt01301
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt045277
IRS990/FeesForServicesAccountingGrp/TotalAmt047000
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt0139847
IRS990/FeesForServicesLegalGrp/TotalAmt0139847
IRS990/FeesForServicesOtherGrp/FundraisingAmt05776
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt025986
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt098005
IRS990/FeesForServicesOtherGrp/TotalAmt0129767
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt131.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1440.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1540.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1640.00
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/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd7X
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/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1418154
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1512440
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt16973
IRS990/Form990PartVIISectionAGrp/PersonNm0Yolanda Davila
IRS990/Form990PartVIISectionAGrp/PersonNm1Brian A Hall
IRS990/Form990PartVIISectionAGrp/PersonNm2Mike Perrine
IRS990/Form990PartVIISectionAGrp/PersonNm3Donna C Normandin
IRS990/Form990PartVIISectionAGrp/PersonNm4Kathy D Burrell
IRS990/Form990PartVIISectionAGrp/PersonNm5Eric M Bustos
IRS990/Form990PartVIISectionAGrp/PersonNm6Cecilia Castelo
IRS990/Form990PartVIISectionAGrp/PersonNm7Larry Conley
IRS990/Form990PartVIISectionAGrp/PersonNm8Robert Franco Jr
IRS990/Form990PartVIISectionAGrp/PersonNm9Larry Miller
IRS990/Form990PartVIISectionAGrp/PersonNm10Nina Nelms
IRS990/Form990PartVIISectionAGrp/PersonNm11James Nortey II
IRS990/Form990PartVIISectionAGrp/PersonNm12John M Ronning
IRS990/Form990PartVIISectionAGrp/PersonNm13Anna Sanchez
IRS990/Form990PartVIISectionAGrp/PersonNm14Gary Lindner
IRS990/Form990PartVIISectionAGrp/PersonNm15Julia Dunn
IRS990/Form990PartVIISectionAGrp/PersonNm16Gustavo Lasala
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/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14181619
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt15111360
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1662264
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/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/TitleTxt0Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt2Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt3Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Past Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13Director
IRS990/Form990PartVIISectionAGrp/TitleTxt14Former President and CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt15CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt16President and CEO
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01994
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt079000
IRS990/FundraisingDirectExpensesAmt030788
IRS990/FundraisingGrossIncomeAmt03138
IRS990/GainOrLossGrp/OtherAmt0-165
IRS990/GainOrLossGrp/SecuritiesAmt0644348
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt013
IRS990/GovernmentGrantsAmt0911108
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt013852896
IRS990/GrossReceiptsAmt020624457
IRS990/GrossRentsGrp/RealAmt0101275
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt013
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt07194
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt022173
IRS990/InformationTechnologyGrp/ProgramServicesAmt0152665
IRS990/InformationTechnologyGrp/TotalAmt0182032
IRS990/InsuranceGrp/FundraisingAmt02626
IRS990/InsuranceGrp/ManagementAndGeneralAmt08092
IRS990/InsuranceGrp/ProgramServicesAmt055719
IRS990/InsuranceGrp/TotalAmt066437
IRS990/InterestGrp/ProgramServicesAmt0615238
IRS990/InterestGrp/TotalAmt0615238
IRS990/InvestmentExpenseAmt0-60778
IRS990/InvestmentIncomeGrp/ExclusionAmt0282298
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0282298
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt018
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01078565
IRS990/LandBldgEquipBasisNetGrp/BOYAmt03232733
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03135701
IRS990/LandBldgEquipCostOrOtherBssAmt04214266
IRS990/LegalDomicileStateCd0TX
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt0165
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt013208548
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd01
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0PeopleFund creates economic opportunity and financial stability for underserved people by providing access to capital, education, and resources to build healthy small businesses.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt02986882
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt03599418
IRS990/NetAssetsOrFundBalancesBOYAmt012788624
IRS990/NetAssetsOrFundBalancesEOYAmt011147434
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0644183
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0644183
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-27650
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-27650
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt0101275
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0101275
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt012309911
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt010939368
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt01595
IRS990/OccupancyGrp/ManagementAndGeneralAmt04918
IRS990/OccupancyGrp/ProgramServicesAmt033861
IRS990/OccupancyGrp/TotalAmt040374
IRS990/OfficeExpensesGrp/FundraisingAmt03369
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt022965
IRS990/OfficeExpensesGrp/ProgramServicesAmt0158125
IRS990/OfficeExpensesGrp/TotalAmt0184459
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt022487
IRS990/OtherAssetsTotalGrp/EOYAmt042007
IRS990/OtherChangesInNetAssetsAmt0-2427415
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt08649
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt026659
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0183548
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0218856
IRS990/OtherExpensesGrp/Desc0Bad Debt
IRS990/OtherExpensesGrp/Desc1Lending Costs
IRS990/OtherExpensesGrp/Desc2Property Taxes
IRS990/OtherExpensesGrp/Desc3Other Costs
IRS990/OtherExpensesGrp/FundraisingAmt03921
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt012084
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt12472
IRS990/OtherExpensesGrp/ProgramServicesAmt01474185
IRS990/OtherExpensesGrp/ProgramServicesAmt1106485
IRS990/OtherExpensesGrp/ProgramServicesAmt283206
IRS990/OtherExpensesGrp/TotalAmt01474185
IRS990/OtherExpensesGrp/TotalAmt1106485
IRS990/OtherExpensesGrp/TotalAmt299211
IRS990/OtherExpensesGrp/TotalAmt32472
IRS990/OtherLiabilitiesGrp/BOYAmt074942
IRS990/OtherLiabilitiesGrp/EOYAmt014131
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0Other Income
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt011918
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt011918
IRS990/OtherRevenueTotalAmt011918
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt089439
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0275672
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01898051
IRS990/OtherSalariesAndWagesGrp/TotalAmt02263162
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt025327448
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt028411646
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt08474
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt026120
IRS990/PayrollTaxesGrp/ProgramServicesAmt0179840
IRS990/PayrollTaxesGrp/TotalAmt0214434
IRS990/PensionPlanContributionsGrp/FundraisingAmt02329
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt07180
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt049436
IRS990/PensionPlanContributionsGrp/TotalAmt058945
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0424248
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt01384254
IRS990/PoliciesReferenceChaptersInd01
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0118139
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt056018
IRS990/PrincipalOfficerNm0Gustavo Lasala
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/BusinessCd3900099
IRS990/ProgramServiceRevenueGrp/Desc0Small Business Lending Program
IRS990/ProgramServiceRevenueGrp/Desc1NMTC Program
IRS990/ProgramServiceRevenueGrp/Desc2Bad Debt Recovery
IRS990/ProgramServiceRevenueGrp/Desc3504 income
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02170575
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1909220
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2735125
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3159892
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02170575
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1909220
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2735125
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3159892
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02649974
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0-29492
IRS990/PYOtherExpensesAmt02736832
IRS990/PYOtherRevenueAmt0185722
IRS990/PYProgramServiceRevenueAmt02870678
IRS990/PYRevenuesLessExpensesAmt0170066
IRS990/PYSalariesCompEmpBnftPaidAmt02769984
IRS990/PYTotalExpensesAmt05506816
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt05676882
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0842978
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt0101275
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt03974812

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$43,786,746
Liabilities
$32,639,312
Net assets
$11,147,434
Revenue
$7,384,956
Expenses
$6,541,978
Net income
$842,978
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$97.6$66.6$31.0$23.7$13.9$9.83
2023Summary only. Only limited summary data is available for this year.$75.3$54.1$21.2$11.2$11.2$0.03
2022Summary only. Only limited summary data is available for this year.$70.0$49.3$20.7$11.2$10.4$0.83
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$66.1$45.5$20.6$14.5$7.53$7.01
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$52.6$39.0$13.6$15.7$13.2$2.49
2019Detailed filing. Detailed filing data is available for this year.$43.8$32.6$11.1$7.38$6.54$0.84
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$41.6$28.8$12.8$5.68$5.51$0.17
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$39.5$26.8$12.7$7.09$5.86$1.24
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$30.4$18.8$11.6$6.44$4.39$2.05
2015Detailed filing. Detailed filing data is available for this year.$19.8$12.7$7.14$2.89$3.23$0.34
2014Summary only. Only limited summary data is available for this year.$15.3$7.85$7.48$2.71$2.53$0.18
2013Detailed filing. Detailed filing data is available for this year.$14.5$7.17$7.30$2.38$2.25$0.13
2012Summary only. Only limited summary data is available for this year.$13.7$6.54$7.17$1.68$1.74$0.06
2011Summary only. Only limited summary data is available for this year.$12.9$5.95$6.99$1.75$1.95$0.20
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2019 filings • 501(c)3 • $25M-$50M nonprofits