Civic Intelligence

Cba Fund

990 • Fiscal year 2022 • EIN 82-4272195

Jan 01, 2022 to Dec 31, 2022 • Filed on Jun 15, 2023

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

59th percentile

0.11x

Higher debt load relative to assets than 59% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

74th percentile

0.33x

Higher debt load relative to revenue than 74% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

79th percentile

30%

Higher net margin than 79% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

89th percentile

$188,280

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 14.0% of source-year revenue.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

72nd percentile

14%

Faster asset growth than 72% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

7th percentile

-50%

Faster revenue growth than 7% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets59th percentile

Assets

Up

$3,861,353

Up $488,240 (+14%) from 2021

Net Assets

Up

$3,423,349

Up $396,785 (+13%) from 2021

Liabilities

Up

$438,004

Up $91,455 (+26%) from 2021

Revenue And Expenses
Liabilities / Revenue74th percentileNet Margin79th percentile

Revenue

Down

$1,343,390

Down $1,326,424 (-50%) from 2021

Expenses

Up

$946,605

Up $321,140 (+51%) from 2021

Net Income

Down

$396,785

Down $1,647,564 (-81%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth72nd 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

2022

Assets$3,861,353
Liabilities$438,004
Net Assets$3,423,349
Open 2022 Filing

Operations Trend

Revenue Growth7th 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

2022

Revenue$1,343,390
Expenses$946,605
Net Income$396,785
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Jun 15, 2023
Return Version
2022v5.0
Gross Receipts
$1,343,390
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
Savings and Temporary Cash Investments$328,328$2,012,847▲ $1,684,519
Other Notes and Loans Receivable, Net$1,646,348$1,393,992▼ $252,356
Cash and Non-Interest-Bearing Accounts$1,213,655$345,548▼ $868,107
Pledges and Grants Receivable$166,011$85,000▼ $81,011
Accounts Receivable$8,012$8,640▲ $628
Prepaid Expenses and Deferred Charges$771$7,888▲ $7,117
Land, Buildings, and Equipment, Net$9,988$7,438▼ $2,550
Total Assets$3,373,113$3,861,353▲ $488,240
Liabilities
Unsecured Notes Loans Payable$107,839$350,762▲ $242,923
Deferred Revenue$172,176--
Other Liabilities$59,134$87,146▲ $28,012
Accounts Payable and Accrued Expenses$7,400$96▼ $7,304
Total Liabilities$346,549$438,004▲ $91,455
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,861,023$2,599,739▲ $738,716
Net Assets With Donor Restrictions$1,165,541$823,610▼ $341,931
Total Net Assets Fund Balance$3,026,564$3,423,349▲ $396,785
Total Liabilities and Net Assets / Fund Balance$3,373,113$3,861,353▲ $488,240

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$7,438$5,312$12,750
Compensation and Service Providers
Top Officer Pay89th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Julia GazizovaSr Director,PT$32,435$38,967$71,402
Dara DuguayCEOPT$49,250$6,820$56,070
Mariana Ippolito - OutgoingCFOPT$11,893$12,991$24,884

Board Members and Trustees

NameTitle
Jack BrummelChair
Karen Dabson - OutgoingChair
Andrew PosnerVice-chair
Celina Pena - OutgoingDirector
Chuck JonesDirector
Cindy LogsdonDirector
Donovan DuncanDirector
Dwayne KeysDirector
Holly FrindellDirector
Isis Salmeron - OutgoingDirector
Laura Fisher - OutgoingDirector
Morgan SpearsDirector
Shawna CollierDirector
Valecia QuinnDirector
Yanki TsheringDirector
Jeanne HogarthSecretary
Kevin FryattTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,286,240
Program Service Revenue
$35,490
Investment Income
$8,378
Other Revenue
$13,282
All Other Contributions
$1,073,564
Change in Net Assets
$396,785

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,343,390
Total Revenue per Audited Statements
$1,343,390
Total Revenue per Form 990
$1,343,390
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$434,786
Salaries, Compensation, and Employee Benefits$389,973
Other Expenses$121,846
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$434,786--$434,786
Other Salaries and Wages$214,218--$214,218
Current Officers, Directors, Trustees, and Key Employees$102,463--$102,463
Fees for Services Other$24,915$18,250-$43,165
Other Employee Benefits$36,492--$36,492
Occupancy$17,035$14,415-$31,450
Payroll Taxes$28,479--$28,479
Fees for Services Accounting$11,519$5,751-$17,270
Information Technology$13,954$180-$14,134
Pension Plan Contributions$8,321--$8,321
Office Expenses$5,569$250-$5,819
Insurance-$3,419-$3,419
Interest$2,417$495-$2,912
Depreciation Depletion$1,171$1,379-$2,550
Fees for Services Legal-$788-$788
Other Expenses-$339-$339
Total Functional Expenses$901,339$45,266$0$946,605

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$946,605
Total Expenses per Audited Statements$946,605
Total Expenses per Form 990$946,605
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Working Credit NfpChicago, IL501c3Small Dollar Lending$250,000
Covenant Community Capital CorpHouston, TX501c3Small Dollar Lending$100,000
Community Capital New YorkElmsford, NY501c3Small Dollar Lending$20,000
Hebrew Free Loan SocietyNew York, NY501c3Small Dollar Lending$20,000
Justine Petersen Housing & ReinvestSt Louis, MO501c3Small Dollar Lending$11,000
People TrustLittle Rock, AR501c3Small Dollar Lending$11,000
The Fountain FundCharlottesville, VA501c3Small Dollar Lendnig$11,000
Fresno Area Hispanic FoundationFresno, CA501c3Small 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$87,146
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
2023-06-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dara Duguay
Formed
2018
Legal Domicile
Dc
Voting Board Members
13
Independent Board Members
13
Employees
0
Volunteers
17

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, 2022, 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, 2022, the statute of limitations for tax years 2019 through 2021 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, 2022, 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/BOYAmt07400
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt096
IRS990/AccountsReceivableGrp/BOYAmt08012
IRS990/AccountsReceivableGrp/EOYAmt08640
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/AllOtherContributionsAmt01073564
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/BOYAmt01213655
IRS990/CashNonInterestBearingGrp/EOYAmt0345548
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0102463
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0102463
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0true
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01286240
IRS990/CYGrantsAndSimilarPaidAmt0434786
IRS990/CYInvestmentIncomeAmt08378
IRS990/CYOtherExpensesAmt0121846
IRS990/CYOtherRevenueAmt013282
IRS990/CYProgramServiceRevenueAmt035490
IRS990/CYRevenuesLessExpensesAmt0396785
IRS990/CYSalariesCompEmpBnftPaidAmt0389973
IRS990/CYTotalExpensesAmt0946605
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01343390
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt0172176
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt01379
IRS990/DepreciationDepletionGrp/ProgramServicesAmt01171
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/BOYAmt01165541
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt0823610
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0901339
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt05751
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt011519
IRS990/FeesForServicesAccountingGrp/TotalAmt017270
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt0788
IRS990/FeesForServicesLegalGrp/TotalAmt0788
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt018250
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt024915
IRS990/FeesForServicesOtherGrp/TotalAmt043165
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt028.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt120.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt220.00
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/AverageHoursPerWeekRt142.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt152.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt162.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1712.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1820.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1920.00
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/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd15X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd16X
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/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1719151
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt186532
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt191097
IRS990/Form990PartVIISectionAGrp/PersonNm0JACK BRUMMEL
IRS990/Form990PartVIISectionAGrp/PersonNm1ANDREW POSNER
IRS990/Form990PartVIISectionAGrp/PersonNm2KEVIN FRYATT
IRS990/Form990PartVIISectionAGrp/PersonNm3JEANNE HOGARTH
IRS990/Form990PartVIISectionAGrp/PersonNm4DONOVAN DUNCAN
IRS990/Form990PartVIISectionAGrp/PersonNm5YANKI TSHERING
IRS990/Form990PartVIISectionAGrp/PersonNm6CHUCK JONES
IRS990/Form990PartVIISectionAGrp/PersonNm7MORGAN SPEARS
IRS990/Form990PartVIISectionAGrp/PersonNm8VALECIA QUINN
IRS990/Form990PartVIISectionAGrp/PersonNm9DWAYNE KEYS
IRS990/Form990PartVIISectionAGrp/PersonNm10CINDY LOGSDON
IRS990/Form990PartVIISectionAGrp/PersonNm11SHAWNA COLLIER
IRS990/Form990PartVIISectionAGrp/PersonNm12HOLLY FRINDELL
IRS990/Form990PartVIISectionAGrp/PersonNm13ISIS SALMERON - OUTGOING
IRS990/Form990PartVIISectionAGrp/PersonNm14CELINA PENA - OUTGOING
IRS990/Form990PartVIISectionAGrp/PersonNm15KAREN DABSON - OUTGOING
IRS990/Form990PartVIISectionAGrp/PersonNm16LAURA FISHER - OUTGOING
IRS990/Form990PartVIISectionAGrp/PersonNm17DARA DUGUAY
IRS990/Form990PartVIISectionAGrp/PersonNm18JULIA GAZIZOVA
IRS990/Form990PartVIISectionAGrp/PersonNm19MARIANA IPPOLITO - OUTGOING
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/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1750739
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1832435
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1911893
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/ReportableCompFromRltdOrgAmt17118390
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt1832435
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt1911894
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/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt18SR DIRECTOR,
IRS990/Form990PartVIISectionAGrp/TitleTxt19CFO
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02018
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt013
IRS990/GovernmentGrantsAmt0212676
IRS990/GrantAmt0434786
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0434786
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0434786
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt01343390
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt013
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0180
IRS990/InformationTechnologyGrp/ProgramServicesAmt013954
IRS990/InformationTechnologyGrp/TotalAmt014134
IRS990/InsuranceGrp/ManagementAndGeneralAmt03419
IRS990/InsuranceGrp/TotalAmt03419
IRS990/InterestGrp/ManagementAndGeneralAmt0495
IRS990/InterestGrp/ProgramServicesAmt02417
IRS990/InterestGrp/TotalAmt02912
IRS990/InvestmentIncomeGrp/ExclusionAmt08378
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt08378
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt06
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt05312
IRS990/LandBldgEquipBasisNetGrp/BOYAmt09988
IRS990/LandBldgEquipBasisNetGrp/EOYAmt07438
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/NetAssetsOrFundBalancesBOYAmt03026564
IRS990/NetAssetsOrFundBalancesEOYAmt03423349
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01861023
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt02599739
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt014415
IRS990/OccupancyGrp/ProgramServicesAmt017035
IRS990/OccupancyGrp/TotalAmt031450
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0250
IRS990/OfficeExpensesGrp/ProgramServicesAmt05569
IRS990/OfficeExpensesGrp/TotalAmt05819
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt036492
IRS990/OtherEmployeeBenefitsGrp/TotalAmt036492
IRS990/OtherExpensesGrp/Desc0LICENSES AND FEES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0339
IRS990/OtherExpensesGrp/TotalAmt0339
IRS990/OtherLiabilitiesGrp/BOYAmt059134
IRS990/OtherLiabilitiesGrp/EOYAmt087146
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt013282
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt013282
IRS990/OtherRevenueTotalAmt013282
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0214218
IRS990/OtherSalariesAndWagesGrp/TotalAmt0214218
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt01646348
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt01393992
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt028479
IRS990/PayrollTaxesGrp/TotalAmt028479
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt08321
IRS990/PensionPlanContributionsGrp/TotalAmt08321
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0166011
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt085000
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0771
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt07888
IRS990/PrincipalOfficerNm0DARA DUGUAY
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM LOAN ORIG FEES & INT
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt035490
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt035490
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt02644212
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0197321
IRS990/PYInvestmentIncomeAmt0235
IRS990/PYOtherExpensesAmt0136532
IRS990/PYProgramServiceRevenueAmt025367
IRS990/PYRevenuesLessExpensesAmt02044349
IRS990/PYSalariesCompEmpBnftPaidAmt0291612
IRS990/PYTotalExpensesAmt0625465
IRS990/PYTotalRevenueAmt02669814
IRS990/ReconcilationRevenueExpnssAmt0396785
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt035490
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0328328
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02012847
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01286240
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt02644212
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01885517
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0207551
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt048639
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt06072159
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt08378
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0235
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0570
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0348
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0112
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt09643
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt080489
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt01643225
IRS990ScheduleA/SubstantialContributorsTotAmt04428934
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01286240
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt02644212
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01885517
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0207551
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt048639
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt06072159
IRS990ScheduleA/TotalSupportAmt06081802
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/ExpensesSubtotalAmt0946605
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt07438
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt05312
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt012750
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt087146
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO RELATED ORGANIZATION
IRS990ScheduleD/RevenueSubtotalAmt01343390
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, 2022, 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, 2022, THE STATUTE OF LIMITATIONS FOR TAX YEARS 2019 THROUGH 2021 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, 2022, THE ORGANIZATION HAD NO ACCRUALS FOR INTEREST AND/OR PENALTIES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt07438
IRS990ScheduleD/TotalExpensesPerForm990Amt0946605
IRS990ScheduleD/TotalLiabilityAmt087146
IRS990ScheduleD/TotalRevenuePerForm990Amt01343390
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01343390
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0946605
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt020000
IRS990ScheduleI/RecipientTable/CashGrantAmt1100000
IRS990ScheduleI/RecipientTable/CashGrantAmt25893

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,861,353
Liabilities
$438,004
Net assets
$3,423,349
Revenue
$1,343,390
Expenses
$946,605
Net income
$396,785
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