Civic Intelligence

Colorado Lending Source Ltd

990 • Fiscal year 2019 • EIN 84-1171311

Jan 01, 2019 to Dec 31, 2019 • Filed on Aug 19, 2020

Organization ProfileWWW.COLORADOLENDINGSOURCE.ORG

View Organization Page

1441 18TH STREET Suite 100Denver, CO 80202

(303) 657-0010

Siviq Scores

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

Liabilities / Assets

90th percentile

0.68x

Higher debt load relative to assets than 90% of similar nonprofits.

2019 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2019

Liabilities / Revenue

91st percentile

1.18x

Higher debt load relative to revenue than 91% of similar nonprofits.

2019 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2019

Net Margin

31st percentile

-0.2%

Higher net margin than 31% of similar nonprofits.

2019 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2019

Top Officer Pay

63rd percentile

$319,882

Higher top officer pay than 63% of similar nonprofits.

Top officer pay equals 5.6% of source-year revenue.

2019 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2019

Asset Growth

84th percentile

20%

Faster asset growth than 84% of similar nonprofits.

2019 filings • 501(c)6 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Revenue Growth

41st percentile

0.9%

Faster revenue growth than 41% of similar nonprofits.

2019 filings • 501(c)6 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets90th percentile

Assets

Up

$9,991,602

Up $1,640,589 (+20%) from 2018

Net Assets

Down

$3,229,291

Down $11,934 (-0.4%) from 2018

Liabilities

Up

$6,762,311

Up $1,652,523 (+32%) from 2018

Revenue And Expenses
Liabilities / Revenue91st percentileNet Margin31st percentile

Revenue

Up

$5,740,452

Up $50,930 (+0.9%) from 2018

Expenses

Up

$5,752,386

Up $310,337 (+5.7%) from 2018

Net Income

Down

-$11,934

Down $259,407 (-105%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth84th percentile

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

$30M$20M$10M$0Assets 2011: $5,479,291Liabilities 2011: $1,596,436Net Assets 2011: $3,882,8552011Assets 2012: $6,184,653Liabilities 2012: $2,077,643Net Assets 2012: $4,107,0102012Assets 2013: $5,638,810Liabilities 2013: $2,442,651Net Assets 2013: $3,196,1592013Assets 2014: $5,628,128Liabilities 2014: $1,922,856Net Assets 2014: $3,705,2722014Assets 2015: $6,603,600Liabilities 2015: $3,303,199Net Assets 2015: $3,300,4012015Assets 2016: $5,949,876Liabilities 2016: $3,317,030Net Assets 2016: $2,632,8462016Assets 2017: $7,081,878Liabilities 2017: $4,088,126Net Assets 2017: $2,993,7522017Assets 2018: $8,351,013Liabilities 2018: $5,109,788Net Assets 2018: $3,241,2252018Assets 2019: $9,991,602Liabilities 2019: $6,762,311Net Assets 2019: $3,229,2912019Assets 2020: $28,804,495Liabilities 2020: $25,205,505Net Assets 2020: $3,598,9902020Assets 2021: $12,386,604Liabilities 2021: $8,148,724Net Assets 2021: $4,237,8802021Assets 2022: $13,171,742Liabilities 2022: $6,609,071Net Assets 2022: $6,562,6712022Assets 2023: $11,416,466Liabilities 2023: $5,585,348Net Assets 2023: $5,831,1182023Assets 2024: $10,913,756Liabilities 2024: $5,046,846Net Assets 2024: $5,866,9102024

Highlighted filing

2019

Assets$9,991,602
Liabilities$6,762,311
Net Assets$3,229,291
Open 2019 Filing

Operations Trend

Revenue Growth41st percentile

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

$10M$5.0M$0-$5.0MRevenue 2011: $3,789,287Expenses 2011: $4,105,476Net Income 2011: -$316,1892011Expenses 2012: $4,281,8412012Revenue 2013: $4,749,313Expenses 2013: $5,660,164Net Income 2013: -$910,8512013Revenue 2014: $5,017,567Expenses 2014: $4,508,454Net Income 2014: $509,1132014Revenue 2015: $4,420,652Expenses 2015: $4,613,402Net Income 2015: -$192,7502015Revenue 2016: $4,422,565Expenses 2016: $5,090,120Net Income 2016: -$667,5552016Revenue 2017: $5,358,915Expenses 2017: $4,998,009Net Income 2017: $360,9062017Revenue 2018: $5,689,522Expenses 2018: $5,442,049Net Income 2018: $247,4732018Revenue 2019: $5,740,452Expenses 2019: $5,752,386Net Income 2019: -$11,9342019Revenue 2020: $6,938,799Expenses 2020: $6,569,100Net Income 2020: $369,6992020Revenue 2021: $5,983,291Expenses 2021: $5,344,401Net Income 2021: $638,8902021Revenue 2022: $6,475,400Expenses 2022: $6,625,709Net Income 2022: -$150,3092022Revenue 2023: $7,230,112Expenses 2023: $7,961,665Net Income 2023: -$731,5532023Revenue 2024: $7,942,562Expenses 2024: $7,672,813Net Income 2024: $269,7492024

Highlighted filing

2019

Revenue$5,740,452
Expenses$5,752,386
Net Income-$11,934
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Aug 19, 2020
Return Version
2019v5.1
Gross Receipts
$8,259,153
Mission and Program Overview

Mission

Assist with expansion of local businesses, job creation and providing information to the business community in colorado

The colorado lending source mission is to foster the economic growth of diverse small businesses within our communities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$4,121,004$4,872,383▲ $751,379
Cash and Non-Interest-Bearing Accounts$3,111,679$4,028,915▲ $917,236
Accounts Receivable$18,000$44,450▲ $26,450
Prepaid Expenses and Deferred Charges$84,255$41,239▼ $43,016
Land, Buildings, and Equipment, Net$7,756$1,970▼ $5,786
Savings and Temporary Cash Investments$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$8,351,013$9,991,602▲ $1,640,589
Other Assets Total$1,008,319$1,002,645▼ $5,674
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,731,852$2,981,352▲ $1,249,500
Accounts Payable and Accrued Expenses$3,003,619$2,925,973▼ $77,646
Deferred Revenue$122,866$603,871▲ $481,005
Other Liabilities$251,451$251,115▼ $336
Grants Payable$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$5,109,788$6,762,311▲ $1,652,523
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,189,500$3,229,291▲ $39,791
Net Assets With Donor Restrictions$51,725$0▼ $51,725
Total Net Assets Fund Balance$3,241,225$3,229,291▼ $11,934
Total Liabilities and Net Assets / Fund Balance$8,351,013$9,991,602▲ $1,640,589

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$1,970$2,627$4,597
Leasehold Improvements$0$38,696-
Other Assets Org$1,002,645--
Compensation and Service Providers
Top Officer Pay63rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
MIKE O'DONNELLExecutive DirectorFT$296,237$23,645$319,882
Karol JonesChief Financial OfficerFT$177,966$20,350$198,316
China CailiffChief Operating OfficerFT$175,060$21,227$196,287
Laurel WalkChief Lending OfficerFT$154,147$19,488$173,635
Amanda BaileyHead of Compliance & RegulatorFT$131,304$18,208$149,512
Jason MooreheadEnterprise ArchitectFT$132,321$14,185$146,506
Beth HurleyPortfolio Management LeadFT$124,464$17,717$142,181
Lauren KloockMarketingFT$110,253$16,371$126,624

Board Members and Trustees

NameTitle
Niall MooneyPast President
Erin BecksteinPresident
Tanner TwetenVice President
Daniel RyleyBoard Member
Gil SelingerBoard Member
James KingBoard Member
Luke DavidsonBoard Member
Robert J OsbornBoard Member
Timothy KraichBoard Member
Todd GuymonBoard Member
Tom FrancisBoard Member
Yuriy GorlovBoard Member
Rick WhippleSecretary
John AdairTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Patrick M Plank LLCLegal26 W DRY CREEK CIRCLE 420, Littleton, CO 80120$102,670
Revenue and Support

Revenue Composition

Contributions and Grants
$90,652
Program Service Revenue
$4,960,924
Investment Income
$682,276
Other Revenue
$6,600
Change in Net Assets
$-11,934
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,831,025
Other Expenses$1,916,311
Grants and Similar Amounts Paid$5,050
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$2,366,799
Current Officers, Directors, Trustees, and Key Employees---$714,485
Other Employee Benefits---$393,743
Occupancy---$319,597
Payroll Taxes---$240,828
Interest---$198,555
Fees for Services Other---$168,149
Information Technology---$135,530
Pension Plan Contributions---$115,170
Advertising---$102,725
Office Expenses---$89,399
Fees for Services Accounting---$87,780
Other Expenses---$87,087
Conferences and Meetings---$71,862
Insurance---$61,723
Depreciation Depletion---$50,032
Travel---$46,186
Fees for Services Legal---$45,718
Grants to Domestic Orgs---$5,050
Total Functional Expenses$0$0$0$5,752,386
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

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

Loans and Receivables

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

Other Reported Liabilities

LiabilityAmount
Due To/from Related Party$249,294
Property Tax Payable$1,821
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
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 V, Line 2A; Part VII, Column D and Part IX, Line 5 and 7

“Colorado Lending Source (CLS) Has entered into a relationship with CoAdvantage, A Professional Employer Organization (PEO). Therefore, CLS Does Not File Form W-3 and No Employees are reported directly by CLS. The PEO Filed on behalf of 40 CLS Employees during the year.”

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

“The form 990 is reviewed by the cfo and executive director and then board members are provided a copy of the 990 before it is filed”

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

“During sba reviews, which occur every one to one and a half years, the conflict of interest policies are reviewed in detail. The board of directors also reviews this annually.”

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

“The Executive Board Reviews the executive director annually. Changes to the executive director's compensation must be approved by the executive board. Key Employees are reviewed by the executive director. Changes in compensation are based on compensation studies and information obtained in the banking industry. the compensation decided and the associated process are documented in the appropriate personnel files.”

Form 990, Part VI, Section C, Line 19

“Documents are available from the executive director upon request”

Filing and Contact Details

Filer

Filer Name
Colorado Lending Source Ltd
EIN
84-1171311
In Care Of
% KAROL JONES
Phone
3036570010
Address
1441 18TH STREET Suite 100, DENVER, CO 80202
Doing Business As
Colorado Lending Source

Signing Officer

Name
MIKE O'DONNELL
Title
Executive Director
Phone
3036570010
Signed
2020-08-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
MIKE O'DONNELL
Formed
1990
Legal Domicile
Co
Voting Board Members
14
Independent Board Members
14
Employees
40
Volunteers
14

Preparer

Firm
Bkd Llp
Address
111 South Tejon Suite 800, Colorado Springs, CO 80903-9848
Preparer
Adam R Smith CPA
Phone
7194714290
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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
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IRS990/Form990PartVIISectionAGrp/PersonNm9NIALL MOONEY
IRS990/Form990PartVIISectionAGrp/PersonNm10TANNER TWETEN
IRS990/Form990PartVIISectionAGrp/PersonNm11JOHN ADAIR
IRS990/Form990PartVIISectionAGrp/PersonNm12RICK WHIPPLE
IRS990/Form990PartVIISectionAGrp/PersonNm13LUKE DAVIDSON
IRS990/Form990PartVIISectionAGrp/PersonNm14TOM FRANCIS
IRS990/Form990PartVIISectionAGrp/PersonNm15YURIY GORLOV
IRS990/Form990PartVIISectionAGrp/PersonNm16TODD GUYMON
IRS990/Form990PartVIISectionAGrp/PersonNm17JAMES KING
IRS990/Form990PartVIISectionAGrp/PersonNm18TIMOTHY KRAICH
IRS990/Form990PartVIISectionAGrp/PersonNm19ROBERT J OSBORN
IRS990/Form990PartVIISectionAGrp/PersonNm20DANIEL RYLEY
IRS990/Form990PartVIISectionAGrp/PersonNm21GIL SELINGER
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHIEF FINANCIAL OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt2CHIEF OPERATING OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt3CHIEF LENDING OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt4HEAD OF COMPLIANCE & REGULATOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5ENTERPRISE ARCHITECT
IRS990/Form990PartVIISectionAGrp/TitleTxt6PORTFOLIO MANAGEMENT LEAD
IRS990/Form990PartVIISectionAGrp/TitleTxt7MARKETING
IRS990/Form990PartVIISectionAGrp/TitleTxt8PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt9PAST PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt10VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt11TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt12SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt15BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt16BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt17BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt18BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt19BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt20BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt21BOARD MEMBER
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IRS990/FormationYr01990
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IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/FundraisingDirectExpensesAmt00
IRS990/FundraisingGrossIncomeAmt00
IRS990/GainOrLossGrp/OtherAmt0267978
IRS990/GamingActivitiesInd0false
IRS990/GamingDirectExpensesAmt00
IRS990/GamingGrossIncomeAmt00
IRS990/GoverningBodyVotingMembersCnt014
IRS990/GovernmentGrantsAmt090652
IRS990/GrantsPayableGrp/BOYAmt00
IRS990/GrantsPayableGrp/EOYAmt00
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt05050
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/OtherAmt02786679
IRS990/GrossReceiptsAmt08259153
IRS990/GrossRentsGrp/RealAmt06600
IRS990/GrossSalesOfInventoryAmt00
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt014
IRS990/IndivRcvdGreaterThan100KCnt011
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartVInd0X
IRS990/InformationTechnologyGrp/TotalAmt0135530
IRS990/InsuranceGrp/TotalAmt061723
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt0198555
IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt0414298
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0414298
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt015
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt041323
IRS990/LandBldgEquipBasisNetGrp/BOYAmt07756
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01970
IRS990/LandBldgEquipCostOrOtherBssAmt043293
IRS990/LegalDomicileStateCd0CO
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt02518701
IRS990/LoanOutstandingInd0false
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE COLORADO LENDING SOURCE MISSION IS TO FOSTER THE ECONOMIC GROWTH OF DIVERSE SMALL BUSINESSES WITHIN OUR COMMUNITIES.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01731852
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt02981352
IRS990/NetAssetsOrFundBalancesBOYAmt03241225
IRS990/NetAssetsOrFundBalancesEOYAmt03229291
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0267978
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0267978
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt06600
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt06600
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IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt03229291
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IRS990/OccupancyGrp/TotalAmt0319597
IRS990/OfficeExpensesGrp/TotalAmt089399
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01008319
IRS990/OtherAssetsTotalGrp/EOYAmt01002645
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0393743
IRS990/OtherExpensesGrp/Desc0Bad Debt
IRS990/OtherExpensesGrp/Desc1LOAN LIQUIDATION EXPENSE
IRS990/OtherExpensesGrp/Desc2BUSINESS DEVELOPMENT
IRS990/OtherExpensesGrp/Desc3OTHER MISCELLANEOUS EXPENSES
IRS990/OtherExpensesGrp/TotalAmt0333539
IRS990/OtherExpensesGrp/TotalAmt184759
IRS990/OtherExpensesGrp/TotalAmt233670
IRS990/OtherExpensesGrp/TotalAmt387087
IRS990/OtherLiabilitiesGrp/BOYAmt0251451
IRS990/OtherLiabilitiesGrp/EOYAmt0251115
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt02366799
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt04121004
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt04872383
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/TotalAmt0240828
IRS990/PensionPlanContributionsGrp/TotalAmt0115170
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt084255
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt041239
IRS990/PrincipalOfficerNm0MIKE O'DONNELL
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0522291
IRS990/ProgramServiceRevenueGrp/BusinessCd1522291
IRS990/ProgramServiceRevenueGrp/BusinessCd2522291
IRS990/ProgramServiceRevenueGrp/BusinessCd3522291
IRS990/ProgramServiceRevenueGrp/BusinessCd4522291
IRS990/ProgramServiceRevenueGrp/Desc0SBA 504 Servicing Fees
IRS990/ProgramServiceRevenueGrp/Desc1SBA 504 Packing Fees
IRS990/ProgramServiceRevenueGrp/Desc2Interest Rebate
IRS990/ProgramServiceRevenueGrp/Desc3Other Packing & Service Fees

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$9,991,602
Liabilities
$6,762,311
Net assets
$3,229,291
Revenue
$5,740,452
Expenses
$5,752,386
Net income
-$11,934
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.9$5.05$5.87$7.94$7.67$0.27
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.4$5.59$5.83$7.23$7.96$0.73
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.2$6.61$6.56$6.48$6.63$0.15
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.4$8.15$4.24$5.98$5.34$0.64
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$28.8$25.2$3.60$6.94$6.57$0.37
2019Detailed filing. Detailed filing data is available for this year.$9.99$6.76$3.23$5.74$5.75$0.01
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.35$5.11$3.24$5.69$5.44$0.25
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.08$4.09$2.99$5.36$5.00$0.36
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.95$3.32$2.63$4.42$5.09$0.67
2015Detailed filing. Detailed filing data is available for this year.$6.60$3.30$3.30$4.42$4.61$0.19
2014Detailed filing. Detailed filing data is available for this year.$5.63$1.92$3.71$5.02$4.51$0.51
2013Detailed filing. Detailed filing data is available for this year.$5.64$2.44$3.20$4.75$5.66$0.91
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.18$2.08$4.11$4.28
2011Summary only. Only limited summary data is available for this year.$5.48$1.60$3.88$3.79$4.11$0.32