Civic Intelligence

Success Capital Expansion & Development Corporation

990 • Fiscal year 2023 • EIN 77-0047947

Oct 01, 2022 to Sep 30, 2023 • Filed on Jan 29, 2024

1301 L Street 4Modesto, CA 95354

(209) 521-9372

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Flat

$2,670,814

Flat from 2023

Net Assets

Flat

$1,684,299

Flat from 2023

Liabilities

Flat

$986,515

Flat from 2023

Revenue And Expenses

Revenue

Flat

$803,770

Flat from 2023

Expenses

Flat

$648,763

Flat from 2023

Net Income

Flat

$155,007

Flat from 2023

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $1,444,773Liabilities 2011: $73,134Net Assets 2011: $1,371,6392011Assets 2012: $1,343,351Liabilities 2012: $37,130Net Assets 2012: $1,306,2212012Assets 2013: $1,323,347Liabilities 2013: $643,913Net Assets 2013: $679,4342013Assets 2014: $1,241,353Liabilities 2014: $623,182Net Assets 2014: $618,1712014Assets 2015: $1,237,050Liabilities 2015: $628,453Net Assets 2015: $608,5972015Assets 2016: $1,166,698Liabilities 2016: $622,422Net Assets 2016: $544,2762016Assets 2017: $1,173,792Liabilities 2017: $663,209Net Assets 2017: $510,5832017Assets 2018: $1,167,580Liabilities 2018: $634,524Net Assets 2018: $533,0562018Assets 2019: $1,293,370Liabilities 2019: $626,784Net Assets 2019: $666,5862019Assets 2020: $1,410,511Liabilities 2020: $652,585Net Assets 2020: $757,9262020Assets 2021: $1,988,305Liabilities 2021: $642,486Net Assets 2021: $1,345,8192021Assets 2022: $2,493,619Liabilities 2022: $964,327Net Assets 2022: $1,529,2922022Assets 2023: $2,670,814Liabilities 2023: $986,515Net Assets 2023: $1,684,2992023Assets 2023: $2,670,814Liabilities 2023: $986,515Net Assets 2023: $1,684,2992023Assets 2024: $2,816,404Liabilities 2024: $873,565Net Assets 2024: $1,942,8392024Assets 2025: $2,972,191Liabilities 2025: $1,033,691Net Assets 2025: $1,938,5002025

Highlighted filing

2023

Assets$2,670,814
Liabilities$986,515
Net Assets$1,684,299

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $577,732Expenses 2011: $566,384Net Income 2011: $11,3482011Revenue 2012: $543,019Expenses 2012: $608,437Net Income 2012: -$65,4182012Expenses 2013: $570,7542013Revenue 2014: $520,405Expenses 2014: $581,668Net Income 2014: -$61,2632014Revenue 2015: $467,008Expenses 2015: $476,582Net Income 2015: -$9,5742015Revenue 2016: $423,187Expenses 2016: $487,508Net Income 2016: -$64,3212016Revenue 2017: $450,721Expenses 2017: $484,414Net Income 2017: -$33,6932017Revenue 2018: $508,567Expenses 2018: $486,094Net Income 2018: $22,4732018Revenue 2019: $672,646Expenses 2019: $539,116Net Income 2019: $133,5302019Revenue 2020: $664,287Expenses 2020: $572,947Net Income 2020: $91,3402020Revenue 2021: $1,235,968Expenses 2021: $648,075Net Income 2021: $587,8932021Revenue 2022: $973,986Expenses 2022: $756,161Net Income 2022: $217,8252022Revenue 2023: $803,770Expenses 2023: $648,763Net Income 2023: $155,0072023Revenue 2023: $803,770Expenses 2023: $648,763Net Income 2023: $155,0072023Revenue 2024: $1,002,158Expenses 2024: $743,619Net Income 2024: $258,5392024Revenue 2025: $866,560Expenses 2025: $870,899Net Income 2025: -$4,3392025

Highlighted filing

2023

Revenue$803,770
Expenses$648,763
Net Income$155,007
Jump To
Filing Snapshot
Filing Period
Oct 1, 2022 to Sep 30, 2023
Signed
Jan 29, 2024
Return Version
2022v5.0
Gross Receipts
$803,770
Mission and Program Overview

Mission

To create and retain jobs in california by providing loans to small businesses.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$753,102$841,412▲ $88,310
Cash and Non-Interest-Bearing Accounts$726,261$830,854▲ $104,593
Other Notes and Loans Receivable, Net$854,702$810,267▼ $44,435
Accounts Receivable$129,424$115,936▼ $13,488
Land, Buildings, and Equipment, Net$17,841$12,494▼ $5,347
Prepaid Expenses and Deferred Charges$7,889$8,280▲ $391
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$2,493,619$2,670,814▲ $177,195
Other Assets Total$4,400$51,571▲ $47,171
Liabilities
Deferred Revenue$737,782$748,457▲ $10,675
Other Liabilities$192,256$214,369▲ $22,113
Accounts Payable and Accrued Expenses$34,289$23,689▼ $10,600
Total Liabilities$964,327$986,515▲ $22,188
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,529,292$1,684,299▲ $155,007
Total Net Assets Fund Balance$1,529,292$1,684,299▲ $155,007
Total Liabilities and Net Assets / Fund Balance$2,493,619$2,670,814▲ $177,195

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$12,494$41,993$54,487
Compensation and Service Providers

Board Members and Trustees

NameTitle
Elizabeth JonesChairperson
Paul CarusoPast Chairperso
Marsha CarrPresident & CEO
Daniel GarciaVice Chairperso
Diane CorreiaDirector
Dick MontiethDirector
Eric TobiasDirector
Janet L JenkinsDirector
Kurtis ClarkExecutive Director
Mike RodriguesSecretary
Dennis WilsonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$70,000
Program Service Revenue
$722,734
Investment Income
$10,162
Other Revenue
$874
Change in Net Assets
$155,007
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$398,711
Other Expenses$250,052
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$174,893$20,625-$195,518
Current Officers, Directors, Trustees, and Key Employees$147,796$16,422-$164,218
Insurance$80,196$4,221-$84,417
Occupancy$51,548$2,713-$54,261
Fees for Services Legal$37,361$1,966-$39,327
Payroll Taxes$21,787$2,834-$24,621
Office Expenses$15,550$818-$16,368
Pension Plan Contributions$12,872$1,482-$14,354
Travel$7,905--$7,905
Depreciation Depletion$5,080$267-$5,347
Other Expenses$3,546$187-$3,733
All Other Expenses$2,929$154-$3,083
Advertising$1,905$100-$2,005
Fees for Services Other$237$13-$250
Total Functional Expenses$592,908$55,855$0$648,763
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Customer Deposits$125,849
Operating Lease Liability$47,720
Allowance for Loan Losses$40,800
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
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 7A

The board of directors is elected by the members pursuant to section 5513 of the california non-profit corporation law. The members nominate and elect the board of directors at an annual meeting. Any changes in the bylaws are ratified by the board.

Form 990, Part VI, Section A, Line 7B

The small business administration must approve the governance structure of the corporation and give final approval of any loan packages to be funded under the 504 loan program.

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

A copy of form 990 is provided to the board prior to filing.

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

The board review process includes inquiry if any conflict of interest arises.

Form 990, Part VI, Section B, Line 15B

The salary of the president of the corporation is approved by the board of directors after consideration is given to salaries paid to individuals with comparable positions in similar organizations.no other salaries are approved individually. However, the overall budget for salaries is approved as part of the operating budget each year. Salary surveys received from nadco are taken into consideration.

Form 990, Part VI, Section C, Line 19

Tax return and organizing documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Success Capital Expansion & Development
EIN
77-0047947
Phone
2095219372
Address
1301 L STREET 4, MODESTO, CA 95354

Signing Officer

Name
Marsha Carr
Title
CEO
Signed
2024-01-29
Discuss with paid preparer
Yes

Organization Details

Formed
1984
Legal Domicile
CA
Voting Board Members
11
Independent Board Members
12
Employees
3
Volunteers
11

Preparer

Firm
Hawks & Associates Cpas Inc
Address
39 N WASHINGTON ST STE A, SONORA, CA 95370
Preparer
Robert a Hawks Jr CPA
Phone
2095888760
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IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
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IRS990/NoListedPersonsCompensatedInd0X
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IRS990/OccupancyGrp/ManagementAndGeneralAmt02713
IRS990/OccupancyGrp/ProgramServicesAmt051548
IRS990/OccupancyGrp/TotalAmt054261
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0818
IRS990/OfficeExpensesGrp/ProgramServicesAmt015550
IRS990/OfficeExpensesGrp/TotalAmt016368
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IRS990/Organization501c3Ind0X
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IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0PROFESSIONAL DEVELOPMENT
IRS990/OtherExpensesGrp/Desc1DUES & SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc2MEETING EXPENSES
IRS990/OtherExpensesGrp/Desc3SUPPLIES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01028
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1374
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt22651
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt3187
IRS990/OtherExpensesGrp/ProgramServicesAmt019540
IRS990/OtherExpensesGrp/ProgramServicesAmt17113
IRS990/OtherExpensesGrp/ProgramServicesAmt22650
IRS990/OtherExpensesGrp/ProgramServicesAmt33546
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IRS990/OtherExpensesGrp/TotalAmt17487
IRS990/OtherExpensesGrp/TotalAmt25301
IRS990/OtherExpensesGrp/TotalAmt33733
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IRS990/OtherRevenueMiscGrp/Desc0misc income
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IRS990/OtherRevenueTotalAmt0874
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IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0174893
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IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
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IRS990/PayrollTaxesGrp/ProgramServicesAmt021787
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IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt01482
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IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
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IRS990/ProgramServiceRevenueGrp/Desc0CARES ACT REVOLVING LOAN
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1693594
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1693594
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt219653
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0285
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0266941
IRS990/PYProgramServiceRevenueAmt0973701
IRS990/PYRevenuesLessExpensesAmt0217825
IRS990/PYSalariesCompEmpBnftPaidAmt0489220
IRS990/PYTotalExpensesAmt0756161
IRS990/PYTotalRevenueAmt0973986
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0155007
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0753102
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0841412
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
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IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt01156
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0659784
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0655491
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01315275
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt01501
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt01156
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt02657
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt03000
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt016000
IRS990ScheduleA/OtherIncome509Grp/TotalAmt019000
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.00000
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IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt070000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0659784
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0655491
IRS990ScheduleA/Total509Grp/TotalAmt01385275
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt070000
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0664285
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0672647
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01406932
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt012494
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt041993
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt054487
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt040800
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1125849
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt247720
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ALLOWANCE FOR LOAN LOSSES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1CUSTOMER DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2OPERATING LEASE LIABILITY
IRS990ScheduleD/TotalBookValueLandBuildingsAmt012494

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.97$1.03$1.94$0.87$0.87$0.00
2024Detailed filing. Detailed filing data is available for this year.$2.82$0.87$1.94$1.00$0.74$0.26
2023Detailed filing. Detailed filing data is available for this year.$2.67$0.99$1.68$0.80$0.65$0.16
2023Detailed filing. Detailed filing data is available for this year.$2.67$0.99$1.68$0.80$0.65$0.16
2022Detailed filing. Detailed filing data is available for this year.$2.49$0.96$1.53$0.97$0.76$0.22
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.99$0.64$1.35$1.24$0.65$0.59
2020Detailed filing. Detailed filing data is available for this year.$1.41$0.65$0.76$0.66$0.57$0.09
2019Detailed filing. Detailed filing data is available for this year.$1.29$0.63$0.67$0.67$0.54$0.13
2018Detailed filing. Detailed filing data is available for this year.$1.17$0.63$0.53$0.51$0.49$0.02
2017Detailed filing. Detailed filing data is available for this year.$1.17$0.66$0.51$0.45$0.48$0.03
2016Detailed filing. Detailed filing data is available for this year.$1.17$0.62$0.54$0.42$0.49$0.06
2015Detailed filing. Detailed filing data is available for this year.$1.24$0.63$0.61$0.47$0.48$0.01
2014Detailed filing. Detailed filing data is available for this year.$1.24$0.62$0.62$0.52$0.58$0.06
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.32$0.64$0.68$0.57
2012Summary only. Only limited summary data is available for this year.$1.34$0.04$1.31$0.54$0.61$0.07
2011Summary only. Only limited summary data is available for this year.$1.44$0.07$1.37$0.58$0.57$0.01
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2023 filings • 501(c)3 • $1M-$5M nonprofits