Civic Intelligence

Cba Fund

990 • Fiscal year 2021 • EIN 82-4272195

Jan 01, 2021 to Dec 31, 2021 • Filed on Jul 21, 2022

Organization ProfileWWW.CREDITBUILDERSALLIANCE.ORG
1701 K Street NW Ste 1000Washington, DC 20006

(202) 730-9390

Siviq Scores

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

Liabilities / Assets

56th percentile

0.10x

Higher debt load relative to assets than 56% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

57th percentile

0.13x

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

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

95th percentile

77%

Higher net margin than 95% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

96th percentile

172%

Faster asset growth than 96% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

72nd percentile

41%

Faster revenue growth than 72% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets56th percentile

Assets

Up

$3,373,113

Up $2,132,051 (+172%) from 2020

Net Assets

Up

$3,026,564

Up $2,044,349 (+208%) from 2020

Liabilities

Up

$346,549

Up $87,702 (+34%) from 2020

Revenue And Expenses
Liabilities / Revenue57th percentileNet Margin95th percentile

Revenue

Up

$2,669,814

Up $779,077 (+41%) from 2020

Expenses

Down

$625,465

Down $335,189 (-35%) from 2020

Net Income

Up

$2,044,349

Up $1,114,266 (+120%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth96th percentile

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

$6.0M$4.0M$2.0M$0Assets 2019: $259,728Liabilities 2019: $207,596Net Assets 2019: $52,1322019Assets 2020: $1,241,062Liabilities 2020: $258,847Net Assets 2020: $982,2152020Assets 2021: $3,373,113Liabilities 2021: $346,549Net Assets 2021: $3,026,5642021Assets 2022: $3,861,353Liabilities 2022: $438,004Net Assets 2022: $3,423,3492022Assets 2023: $5,941,701Liabilities 2023: $2,023,370Net Assets 2023: $3,918,3312023Assets 2024: $5,278,976Liabilities 2024: $1,746,694Net Assets 2024: $3,532,2822024

Highlighted filing

2021

Assets$3,373,113
Liabilities$346,549
Net Assets$3,026,564
Open 2021 Filing

Operations Trend

Revenue Growth72nd percentile

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2019: $209,599Expenses 2019: $152,513Net Income 2019: $57,0862019Revenue 2020: $1,890,737Expenses 2020: $960,654Net Income 2020: $930,0832020Revenue 2021: $2,669,814Expenses 2021: $625,465Net Income 2021: $2,044,3492021Revenue 2022: $1,343,390Expenses 2022: $946,605Net Income 2022: $396,7852022Revenue 2023: $1,327,110Expenses 2023: $832,128Net Income 2023: $494,9822023Revenue 2024: $546,285Expenses 2024: $932,334Net Income 2024: -$386,0492024

Highlighted filing

2021

Revenue$2,669,814
Expenses$625,465
Net Income$2,044,349
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Jul 21, 2022
Return Version
2021v4.0
Gross Receipts
$2,669,814
Mission and Program Overview

Mission

Cba fund is a nonprofit corporation established under the laws of the district of columbia, formed and operated for the purpose of expanding the capicity of nonprofits that provide safe and affordable small dollar consumer loans and credit building products to low and moderate income individuals.

Cba fund's mission is to expand the capacity of nonprofits that provide safe and affordable small dollar consumer loans and credit building products to low and moderate income individuals.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$662,973$1,646,348▲ $983,375
Cash and Non-Interest-Bearing Accounts$21,278$1,213,655▲ $1,192,377
Savings and Temporary Cash Investments$298,112$328,328▲ $30,216
Pledges and Grants Receivable$243,867$166,011▼ $77,856
Land, Buildings, and Equipment, Net$12,538$9,988▼ $2,550
Accounts Receivable-$8,012-
Prepaid Expenses and Deferred Charges$2,294$771▼ $1,523
Total Assets$1,241,062$3,373,113▲ $2,132,051
Liabilities
Deferred Revenue$109,500$172,176▲ $62,676
Unsecured Notes Loans Payable$113,066$107,839▼ $5,227
Other Liabilities$36,281$59,134▲ $22,853
Accounts Payable and Accrued Expenses-$7,400-
Total Liabilities$258,847$346,549▲ $87,702
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$510,893$1,861,023▲ $1,350,130
Net Assets With Donor Restrictions$471,322$1,165,541▲ $694,219
Total Net Assets Fund Balance$982,215$3,026,564▲ $2,044,349
Total Liabilities and Net Assets / Fund Balance$1,241,062$3,373,113▲ $2,132,051

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$9,988$2,762$12,750
Compensation and Service Providers
Top Officer Pay39th percentile

Board Members and Trustees

NameTitle
Karen DabsonChair
Andrew PosnerDirector
Celina PenaDirector
Chuck JonesDirector
Donovan DuncanDirector
Holly FrindellDirector
Isis SalmeronDirector
Jack BrummelDirector
Kristin Schell - OutgoingDirector
Laura FisherDirector
Patrick Walker - OutgoingDirector
Yanki TsheringDirector
Dara DuguayCEO
Mariana IppolitoCFO
Jeanne HogarthSecretary
Kevin FryattTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,644,212
Program Service Revenue
$25,367
Investment Income
$235
Other Revenue
$0
All Other Contributions
$2,457,888
Change in Net Assets
$2,044,349

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,669,814
Total Revenue per Audited Statements
$2,669,814
Total Revenue per Form 990
$2,669,814
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$291,612
Grants and Similar Amounts Paid$197,321
Other Expenses$136,532
Total Fundraising Expense$3,647
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$197,321--$197,321
Other Salaries and Wages$153,353--$153,353
Current Officers, Directors, Trustees, and Key Employees$91,718$36-$91,754
Occupancy$28,116$12,667$1,242$42,025
Payroll Taxes$22,545$207-$22,752
Other Employee Benefits$17,741$163-$17,904
Fees for Services Other$10,621$392$169$11,182
Fees for Services Accounting-$9,720-$9,720
Information Technology$6,358$626$1,280$8,264
Office Expenses$3,422$1,799$956$6,177
Pension Plan Contributions$5,796$53-$5,849
Depreciation Depletion-$2,550-$2,550
Insurance-$2,375-$2,375
Conferences and Meetings$649$55-$704
Interest$625--$625
Advertising$516--$516
Other Expenses$200$178-$378
Travel$259--$259
Total Functional Expenses$590,997$30,821$3,647$625,465

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$625,465
Total Expenses per Audited Statements$625,465
Total Expenses per Form 990$625,465
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Common Wealth Charlotte IncCharlotte, NC501c3Credit Builder Fund$50,000
Bcl of TexasAustin, TX501c3Small Dollar Lending$11,786
Capital Good FundProvidence, RI501c3Small Dollar Lending$11,786
Legacy Institute for FinancialLufkin, TX501c3Small Dollar Lending$11,786
North Philadelphia Financial PtrPhiladelphia, PA501c3Small Dollar Lending$11,786
People TrustLittle Rock, AR501c3Small Dollar Lending$11,786
The Fountain FundCharlottesville, VA501c3Small Dollar Lendnig$11,786
UcedcCranford, NJ501c3Small Dollar Lending$11,786
Cap Services IncStevens Point, WI501c3Small Dollar Lending$11,785
Community First FundLancaster, PA501c3Small Dollar Lending$11,785
Homestead Community DevelopmentHonolulu, HI501c3Small Dollar Lending$11,785
Nacdc Financial Services IncBrowning, MT501c2Small Dollar Lending$11,785
Fresno Area Hispanic FoundationFresno, CA501c3Small Dollar Lending$5,893
Housing Options & Planning EntOxon Hill, MD501c3Small Dollar Lending$5,893
Lake Superior Community Devt CorpLanse, MI501c3Small Dollar Lending$5,893
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Related Organization$59,134
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
No
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, Page 6, Part VI, Line 11B

“The executive director and the finance manager review the 990 tax return upon receipt from the preparers. The finance committee of the board also reviews the return. All questions and issues are answered and resolved and any appropriate corrections are made to the return. Once this process is complete, a copy of the 990 is forwarded to the full board of directors prior to filing the return.”

Form 990, Page 6, Part VI, Line 12C

“The organization annually reviews the conflict of interest policy with the board of directors and management. The organization requires disclosure of any interests that may present a conflict of interest.”

Form 990, Page 6, Part VI, Line 19

“These policies and documents are provided upon request.”

Filing and Contact Details

Filer

Filer Name
Cba Fund
EIN
82-4272195
Phone
2027309390
Address
1701 K STREET NW STE 1000, WASHINGTON, DC 20006

Signing Officer

Name
Dara Duguay
Title
CEO
Phone
2027309390
Signed
2022-07-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dara Duguay
Formed
2018
Legal Domicile
Dc
Voting Board Members
12
Independent Board Members
12
Employees
0
Volunteers
14

Preparer

Firm
Kendall Prebola and Jones LLC
Address
PO BOX 259, BEDFORD, PA 15522-0259
Preparer
Robert F Prebola CPA
Phone
8146231880
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“Cba fund is a nonprofit corporation established under the laws of the district of columbia, formed and operated for the purpose of expanding the capicity of nonprofits that provide safe and affordable small dollar consumer loans and credit building products to low and moderate income individuals.”

Form 990

“Salaries and other compensation reported on this return were paid by credit builders alliance as disclosed on schedule r. Therefore the number of individuals employed is listed as none on this return.”

Form 990, Page 1, Part I, Line 6

“Volunteers consist of individuals who served on the board during the year.”

Financial Statement Notes

Schedule D, Page 3, Part X

“Accounting principles generally accepted in the united states of america provide consistent guidance for the accounting for uncertainty in income taxes recognized in the organization's financial statements and prescribe a threshold of "more likely than not" for recognition of tax positions taken or expected to be taken in a tax return. Cba fund performed an evaluation of uncertain tax positions for the year ended december 31, 2021, and determined that there were no matters that would require recognition in the financial statements or that may have any effect on its tax-exempt status. As of december 31, 2021, the statute of limitations for tax years 2018 through 2020 remains open with the u.s. Federal jurisdiction or the various states and local jurisdictions in which the organization files tax returns. It is the organization's policy to recognize interest and/or penalties related to uncertain tax positions, if any, in income tax expense. As of december 31, 2021, the organization had no accruals for interest and/or penalties.”

Raw XML AppendixShowing 400 of 647 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/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt07400
IRS990/AccountsReceivableGrp/EOYAmt08012
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0CBA FUND'S MISSION IS TO EXPAND THE CAPACITY OF NONPROFITS THAT PROVIDE SAFE AND AFFORDABLE SMALL DOLLAR CONSUMER LOANS AND CREDIT BUILDING PRODUCTS TO LOW AND MODERATE INCOME INDIVIDUALS.
IRS990/AdvertisingGrp/ProgramServicesAmt0516
IRS990/AdvertisingGrp/TotalAmt0516
IRS990/AllOtherContributionsAmt02457888
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/PersonNm0DARA DUGUAY
IRS990/BooksInCareOfDetail/PhoneNum02027309390
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01701 K STREET NW STE 1000
IRS990/BooksInCareOfDetail/USAddress/CityNm0WASHINGTON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0DC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd020006
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt021278
IRS990/CashNonInterestBearingGrp/EOYAmt01213655
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt036
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt091718
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt091754
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt055
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt0649
IRS990/ConferencesMeetingsGrp/TotalAmt0704
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0true
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt02644212
IRS990/CYGrantsAndSimilarPaidAmt0197321
IRS990/CYInvestmentIncomeAmt0235
IRS990/CYOtherExpensesAmt0136532
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt025367
IRS990/CYRevenuesLessExpensesAmt02044349
IRS990/CYSalariesCompEmpBnftPaidAmt0291612
IRS990/CYTotalExpensesAmt0625465
IRS990/CYTotalFundraisingExpenseAmt03647
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02669814
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt0109500
IRS990/DeferredRevenueGrp/EOYAmt0172176
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt02550
IRS990/DepreciationDepletionGrp/TotalAmt02550
IRS990/Desc0CBA FUND PROVIDES LOAN CAPITAL AND SMALL OPERATING GRANTS FOR NONPROFITS INTERESTED IN ADDING A NEW CONSUMER LOAN TO THEIR PORTFOLIO OR EXPANDING/IMPROVING AN EXISTING CONSUMER LOAN.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt0471322
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt01165541
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0590997
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt09720
IRS990/FeesForServicesAccountingGrp/TotalAmt09720
IRS990/FeesForServicesOtherGrp/FundraisingAmt0169
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0392
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt010621
IRS990/FeesForServicesOtherGrp/TotalAmt011182
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt72.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt82.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt92.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt102.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt112.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt122.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt132.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt143.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt153.00
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/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/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/PersonNm0KAREN DABSON
IRS990/Form990PartVIISectionAGrp/PersonNm1KEVIN FRYATT
IRS990/Form990PartVIISectionAGrp/PersonNm2JEANNE HOGARTH
IRS990/Form990PartVIISectionAGrp/PersonNm3JACK BRUMMEL
IRS990/Form990PartVIISectionAGrp/PersonNm4ANDREW POSNER
IRS990/Form990PartVIISectionAGrp/PersonNm5DONOVAN DUNCAN
IRS990/Form990PartVIISectionAGrp/PersonNm6LAURA FISHER
IRS990/Form990PartVIISectionAGrp/PersonNm7YANKI TSHERING
IRS990/Form990PartVIISectionAGrp/PersonNm8CHUCK JONES
IRS990/Form990PartVIISectionAGrp/PersonNm9ISIS SALMERON
IRS990/Form990PartVIISectionAGrp/PersonNm10CELINA PENA
IRS990/Form990PartVIISectionAGrp/PersonNm11HOLLY FRINDELL
IRS990/Form990PartVIISectionAGrp/PersonNm12PATRICK WALKER - OUTGOING
IRS990/Form990PartVIISectionAGrp/PersonNm13KRISTIN SCHELL - OUTGOING
IRS990/Form990PartVIISectionAGrp/PersonNm14DARA DUGUAY
IRS990/Form990PartVIISectionAGrp/PersonNm15MARIANA IPPOLITO
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/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
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/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt15CFO
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02018
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt012
IRS990/GovernmentGrantsAmt0186324
IRS990/GrantAmt0197321
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0197321
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0197321
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt02669814
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt012
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt01280
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0626
IRS990/InformationTechnologyGrp/ProgramServicesAmt06358
IRS990/InformationTechnologyGrp/TotalAmt08264
IRS990/InsuranceGrp/ManagementAndGeneralAmt02375
IRS990/InsuranceGrp/TotalAmt02375
IRS990/InterestGrp/ProgramServicesAmt0625
IRS990/InterestGrp/TotalAmt0625
IRS990/InvestmentIncomeGrp/ExclusionAmt0235
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0235
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02762
IRS990/LandBldgEquipBasisNetGrp/BOYAmt012538
IRS990/LandBldgEquipBasisNetGrp/EOYAmt09988
IRS990/LandBldgEquipCostOrOtherBssAmt012750
IRS990/LegalDomicileStateCd0DC
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0CBA FUND IS A NONPROFIT CORPORATION ESTABLISHED UNDER THE LAWS OF THE DISTRICT OF COLUMBIA, FORMED AND OPERATED FOR THE PURPOSE OF EXPANDING THE CAPICITY OF NONPROFITS THAT PROVIDE SAFE AND AFFORDABLE SMALL DOLLAR CONSUMER LOANS AND CREDIT BUILDING PRODUCTS TO LOW AND MODERATE INCOME INDIVIDUALS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0982215
IRS990/NetAssetsOrFundBalancesEOYAmt03026564
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0510893
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01861023
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt042
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt01242
IRS990/OccupancyGrp/ManagementAndGeneralAmt012667
IRS990/OccupancyGrp/ProgramServicesAmt028116
IRS990/OccupancyGrp/TotalAmt042025
IRS990/OfficeExpensesGrp/FundraisingAmt0956
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01799
IRS990/OfficeExpensesGrp/ProgramServicesAmt03422
IRS990/OfficeExpensesGrp/TotalAmt06177
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0163
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt017741
IRS990/OtherEmployeeBenefitsGrp/TotalAmt017904
IRS990/OtherExpensesGrp/Desc0BAD DEBT EXPENSE
IRS990/OtherExpensesGrp/Desc1LICENSES AND FEES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0178
IRS990/OtherExpensesGrp/ProgramServicesAmt051757
IRS990/OtherExpensesGrp/ProgramServicesAmt1200
IRS990/OtherExpensesGrp/TotalAmt051757
IRS990/OtherExpensesGrp/TotalAmt1378
IRS990/OtherLiabilitiesGrp/BOYAmt036281
IRS990/OtherLiabilitiesGrp/EOYAmt059134
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0153353
IRS990/OtherSalariesAndWagesGrp/TotalAmt0153353
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0662973
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt01646348
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0207
IRS990/PayrollTaxesGrp/ProgramServicesAmt022545
IRS990/PayrollTaxesGrp/TotalAmt022752
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt053
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt05796
IRS990/PensionPlanContributionsGrp/TotalAmt05849
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0243867
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0166011
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02294
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0771
IRS990/PrincipalOfficerNm0DARA DUGUAY
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM LOAN ORIG FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt025367
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt025367
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01885517
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0650000
IRS990/PYInvestmentIncomeAmt0570
IRS990/PYOtherExpensesAmt086934
IRS990/PYProgramServiceRevenueAmt04650
IRS990/PYRevenuesLessExpensesAmt0930083
IRS990/PYSalariesCompEmpBnftPaidAmt0223720
IRS990/PYTotalExpensesAmt0960654
IRS990/PYTotalRevenueAmt01890737
IRS990/ReconcilationRevenueExpnssAmt02044349
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt025367
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0298112
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0328328
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt02644212
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01885517
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0207551
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt048639
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt04785919
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0235
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0570
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0348
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0112
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01265
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt031717
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt0954126
IRS990ScheduleA/SubstantialContributorsTotAmt03831793
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt02644212
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01885517
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0207551
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt048639
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt04785919
IRS990ScheduleA/TotalSupportAmt04787184
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/ExpensesSubtotalAmt0625465
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt09988
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt02762
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt012750
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt059134
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO RELATED ORGANIZATION
IRS990ScheduleD/RevenueSubtotalAmt02669814
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA PROVIDE CONSISTENT GUIDANCE FOR THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN THE ORGANIZATION'S FINANCIAL STATEMENTS AND PRESCRIBE A THRESHOLD OF "MORE LIKELY THAN NOT" FOR RECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. CBA FUND PERFORMED AN EVALUATION OF UNCERTAIN TAX POSITIONS FOR THE YEAR ENDED DECEMBER 31, 2021, AND DETERMINED THAT THERE WERE NO MATTERS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS OR THAT MAY HAVE ANY EFFECT ON ITS TAX-EXEMPT STATUS. AS OF DECEMBER 31, 2021, THE STATUTE OF LIMITATIONS FOR TAX YEARS 2018 THROUGH 2020 REMAINS OPEN WITH THE U.S. FEDERAL JURISDICTION OR THE VARIOUS STATES AND LOCAL JURISDICTIONS IN WHICH THE ORGANIZATION FILES TAX RETURNS. IT IS THE ORGANIZATION'S POLICY TO RECOGNIZE INTEREST AND/OR PENALTIES RELATED TO UNCERTAIN TAX POSITIONS, IF ANY, IN INCOME TAX EXPENSE. AS OF DECEMBER 31, 2021, THE ORGANIZATION HAD NO ACCRUALS FOR INTEREST AND/OR PENALTIES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt09988
IRS990ScheduleD/TotalExpensesPerForm990Amt0625465
IRS990ScheduleD/TotalLiabilityAmt059134
IRS990ScheduleD/TotalRevenuePerForm990Amt02669814
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02669814
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0625465
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt011786
IRS990ScheduleI/RecipientTable/CashGrantAmt111785
IRS990ScheduleI/RecipientTable/CashGrantAmt211786
IRS990ScheduleI/RecipientTable/CashGrantAmt350000
IRS990ScheduleI/RecipientTable/CashGrantAmt411785
IRS990ScheduleI/RecipientTable/CashGrantAmt55893
IRS990ScheduleI/RecipientTable/CashGrantAmt611785
IRS990ScheduleI/RecipientTable/CashGrantAmt75893
IRS990ScheduleI/RecipientTable/CashGrantAmt85893
IRS990ScheduleI/RecipientTable/CashGrantAmt911786
IRS990ScheduleI/RecipientTable/CashGrantAmt1011785
IRS990ScheduleI/RecipientTable/CashGrantAmt1111786
IRS990ScheduleI/RecipientTable/CashGrantAmt1211786
IRS990ScheduleI/RecipientTable/CashGrantAmt1311786
IRS990ScheduleI/RecipientTable/CashGrantAmt1411786
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501C3
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501C3
IRS990ScheduleI/RecipientTable/IRCSectionDesc2501C3
IRS990ScheduleI/RecipientTable/IRCSectionDesc3501C3
IRS990ScheduleI/RecipientTable/IRCSectionDesc4501C3
IRS990ScheduleI/RecipientTable/IRCSectionDesc5501C3
IRS990ScheduleI/RecipientTable/IRCSectionDesc6501C3
IRS990ScheduleI/RecipientTable/IRCSectionDesc7501C3
IRS990ScheduleI/RecipientTable/IRCSectionDesc8501C3
IRS990ScheduleI/RecipientTable/IRCSectionDesc9501C3
IRS990ScheduleI/RecipientTable/IRCSectionDesc10501C2
IRS990ScheduleI/RecipientTable/IRCSectionDesc11501C3
IRS990ScheduleI/RecipientTable/IRCSectionDesc12501C3
IRS990ScheduleI/RecipientTable/IRCSectionDesc13501C3
IRS990ScheduleI/RecipientTable/IRCSectionDesc14501C3

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,373,113
Liabilities
$346,549
Net assets
$3,026,564
Revenue
$2,669,814
Expenses
$625,465
Net income
$2,044,349
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$5.28$1.75$3.53$0.55$0.93$0.39
2023Detailed filing. Detailed filing data is available for this year.$5.94$2.02$3.92$1.33$0.83$0.49
2022Detailed filing. Detailed filing data is available for this year.$3.86$0.44$3.42$1.34$0.95$0.40
2021Detailed filing. Detailed filing data is available for this year.$3.37$0.35$3.03$2.67$0.63$2.04
2020Detailed filing. Detailed filing data is available for this year.$1.24$0.26$0.98$1.89$0.96$0.93
2019Detailed filing. Detailed filing data is available for this year.$0.26$0.21$0.05$0.21$0.15$0.06