Civic Intelligence

Southwestern Business Financing

EIN 86-0430959 • 501(c)4 • Phoenix, AZ

Profile

To promote small business in the state of arizona.

3800 North Central Avenue 720Phoenix, AZ 85012

www.swbfc.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

51st percentile

0.04x

Higher debt load relative to assets than 51% of similar nonprofits.

501(c)4 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

51st percentile

0.06x

Higher debt load relative to revenue than 51% of similar nonprofits.

501(c)4 • $1M-$5M nonprofits • Source year 2022

Net Margin

11th percentile

-23%

Higher net margin than 11% of similar nonprofits.

501(c)4 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

10th percentile

-14%

Faster asset growth than 10% of similar nonprofits.

501(c)4 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

10th percentile

-25%

Faster revenue growth than 10% of similar nonprofits.

501(c)4 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets51st percentile

Assets

Down

$0

Down $1,137,344 (-100%) from 2022

Liabilities

Down

$0

Down $48,793 (-100%) from 2022

Net Assets

Down

$0

Down $1,088,551 (-100%) from 2022

Operations
Liabilities / Revenue51st percentileNet Margin11th percentile

Revenue

Down

$151,481

Down $661,693 (-81%) from 2022

Expenses

Up

$1,240,032

Up $239,257 (+24%) from 2022

Net Income

Down

-$1,088,551

Down $900,950 (-480%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth10th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$6.0M$4.0M$2.0M$0Assets 2010: $4,065,427Liabilities 2010: $115,953Net Assets 2010: $3,949,4742010Assets 2011: $3,910,257Liabilities 2011: $78,672Net Assets 2011: $3,831,5852011Assets 2012: $3,850,664Liabilities 2012: $607,123Net Assets 2012: $3,243,5412012Assets 2013: $3,095,097Liabilities 2013: $597,963Net Assets 2013: $2,497,1342013Assets 2014: $2,250,218Liabilities 2014: $124,784Net Assets 2014: $2,125,4342014Assets 2015: $2,227,902Liabilities 2015: $102,032Net Assets 2015: $2,125,8702015Assets 2016: $2,130,572Liabilities 2016: $56,925Net Assets 2016: $2,073,6472016Assets 2017: $1,998,792Liabilities 2017: $76,480Net Assets 2017: $1,922,3122017Assets 2018: $1,828,465Liabilities 2018: $88,213Net Assets 2018: $1,740,2522018Assets 2019: $1,908,483Liabilities 2019: $86,779Net Assets 2019: $1,821,7042019Assets 2020: $1,574,365Liabilities 2020: $155,726Net Assets 2020: $1,418,6392020Assets 2021: $1,320,383Liabilities 2021: $44,231Net Assets 2021: $1,276,1522021Assets 2022: $1,137,344Liabilities 2022: $48,793Net Assets 2022: $1,088,5512022Assets 2023: $0Liabilities 2023: $0Net Assets 2023: $02023

Highlighted filing

2023

Assets$0
Liabilities$0
Net Assets$0
Open 2023 Filing

Operations Trend

Revenue Growth10th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0M-$2.0MExpenses 2010: $1,899,5942010Revenue 2011: $1,924,382Expenses 2011: $2,042,271Net Income 2011: -$117,8892011Expenses 2012: $2,406,6152012Expenses 2013: $2,320,6262013Revenue 2014: $1,365,594Expenses 2014: $1,874,537Net Income 2014: -$508,9432014Revenue 2015: $1,346,275Expenses 2015: $1,582,187Net Income 2015: -$235,9122015Revenue 2016: $1,170,187Expenses 2016: $1,281,722Net Income 2016: -$111,5352016Revenue 2017: $1,138,203Expenses 2017: $1,302,535Net Income 2017: -$164,3322017Revenue 2018: $1,044,418Expenses 2018: $1,226,478Net Income 2018: -$182,0602018Revenue 2019: $1,066,413Expenses 2019: $984,961Net Income 2019: $81,4522019Revenue 2020: $908,682Expenses 2020: $1,311,747Net Income 2020: -$403,0652020Revenue 2021: $1,085,910Expenses 2021: $1,228,397Net Income 2021: -$142,4872021Revenue 2022: $813,174Expenses 2022: $1,000,775Net Income 2022: -$187,6012022Revenue 2023: $151,481Expenses 2023: $1,240,032Net Income 2023: -$1,088,5512023

Highlighted filing

2023

Revenue$151,481
Expenses$1,240,032
Net Income-$1,088,551
Open 2023 Filing

Filings

Most recent year

2023 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$0
Liabilities
$0
Net assets
$0
Revenue
$151,481
Expenses
$1,240,032
Net income
-$1,088,551
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.00$0.00$0.00$0.15$1.24$1.09
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.14$0.05$1.09$0.81$1.00$0.19
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.32$0.04$1.28$1.09$1.23$0.14
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.57$0.16$1.42$0.91$1.31$0.40
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.91$0.09$1.82$1.07$0.98$0.08
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.83$0.09$1.74$1.04$1.23$0.18
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.00$0.08$1.92$1.14$1.30$0.16
2016Detailed filing. Detailed filing data is available for this year.$2.13$0.06$2.07$1.17$1.28$0.11
2015Detailed filing. Detailed filing data is available for this year.$2.23$0.10$2.13$1.35$1.58$0.24
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.25$0.12$2.13$1.37$1.87$0.51
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.10$0.60$2.50$2.32
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.85$0.61$3.24$2.41
2011Summary only. Only limited summary data is available for this year.$3.91$0.08$3.83$1.92$2.04$0.12
2010XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.07$0.12$3.95$1.90
Latest Detailed Filing

The latest 2023 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Oct 1, 2021 to Sep 30, 2022
Signed
Aug 8, 2023
Return Version
2021v4.2
Gross Receipts
$813,174
Mission and Program Overview

Mission

To promote small business in the state of arizona.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$108,547$815,225▲ $706,678
Savings and Temporary Cash Investments$1,150,000$200,000▼ $950,000
Accounts Receivable$20,806$89,032▲ $68,226
Prepaid Expenses and Deferred Charges$17,498$18,774▲ $1,276
Land, Buildings, and Equipment, Net$17,212$7,993▼ $9,219
Total Assets$1,320,383$1,137,344▼ $183,039
Other Assets Total$6,320$6,320→ $0
Liabilities
Accounts Payable and Accrued Expenses$34,895$46,293▲ $11,398
Other Liabilities$9,336$2,500▼ $6,836
Total Liabilities$44,231$48,793▲ $4,562
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,276,152$1,088,551▼ $187,601
Total Net Assets Fund Balance$1,276,152$1,088,551▼ $187,601
Total Liabilities and Net Assets / Fund Balance$1,320,383$1,137,344▼ $183,039

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$7,993$319,712$327,705
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
Todd WhislerPresident & CEOFT$200,000$33,838$233,838

Board Members and Trustees

NameTitle
Ben DannerChair
Jeff HaysVice Chair
Grant BelterDirector
Jennifer AlaiDirector
Jill B HamblenDirector
Jim BalsbaughDirector
Jim KlussmanDirector
Laurie SandauDirector
Michael WetnightDirector
Scott DunhamDirector
Scott a SmithDirector
Teresa MirandaDirector
Nick HudecSecretary
Mark JebelianTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$809,002
Investment Income
$2,080
Other Revenue
$2,092
Change in Net Assets
$-187,601

Audited Revenue Reconciliation

Revenue per Audited Statements
$813,174
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$813,174
Total Revenue per Form 990
$813,174
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$677,024
Other Expenses$323,751
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$330,387$5,236-$335,623
Current Officers, Directors, Trustees, and Key Employees$116,919$103,023-$219,942
Occupancy$92,650$10,294-$102,944
Office Expenses$63,869--$63,869
Other Employee Benefits$55,011--$55,011
Payroll Taxes$42,508$10,394-$52,902
Other Expenses$46,784--$46,784
Fees for Services Accounting-$44,022-$44,022
Insurance$40,230--$40,230
Conferences and Meetings$12,109$2,384-$14,493
Pension Plan Contributions$12,706$840-$13,546
Depreciation Depletion$9,219--$9,219
Advertising$1,830--$1,830
Fees for Services Legal-$360-$360
Total Functional Expenses$824,222$176,553$0$1,000,775

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,000,775
Total Expenses per Audited Statements$1,000,775
Total Expenses per Form 990$1,000,775
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Applicant Deposits$2,500
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“The ceo will review and sign the return.”

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

“The organization has a conflict of interest policy that addresses the consideration of potential conflicts of interest by the board of directors, key employees, and their relatives. As per the policy, board and committee members must make disclosure of any potential conflicts of interest and must abstain from voting on any action in which they may have an interest. On an annual basis, all board members and employees are required to sign off on an annual conflict of interest form, either stating any known conflicts, or stating that there are none.”

Form 990, Part VI, Section B, Line 15

“The executive committee used a market survey of industries by the trade association of which the organization is a member. They also have a written employment contract which was approved by the executive committee.”

Form 990, Part VI, Section C, Line 19

“The organization does not make its governing documents, conflict of interest policy, or financial statements available to the public.”

Filing and Contact Details

Filer

Filer Name
Southwestern Business Financing
EIN
86-0430959
Phone
6024956495
Address
3800 NORTH CENTRAL AVENUE 720, PHOENIX, AZ 85012

Signing Officer

Name
Todd Whisler
Title
CEO
Phone
6024956495
Signed
2023-08-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Todd Whisler
Formed
1981
Legal Domicile
Az
Voting Board Members
14
Independent Board Members
14
Employees
7
Volunteers
14

Preparer

Firm
Baker Tilly US Llp
Address
2055 E WARNER RD STE 101, TEMPE, AZ 85284
Preparer
Colette Kamps CPA
Phone
4808394900
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“Sbfc recognizes uncertain tax positions in the financial statements when it is more likely-than-not that the positions will not be sustained upon examination by taxing authorities. As of september 30, 2022, sbfc had no uncertain tax positions that qualify for either recognition or disclosure in the financial statements.”

Raw XML AppendixShowing 400 of 484 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt034895
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt046293
IRS990/AccountsReceivableGrp/BOYAmt020806
IRS990/AccountsReceivableGrp/EOYAmt089032
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROMOTE SMALL BUSINESS IN THE STATE OF ARIZONA.
IRS990/AdvertisingGrp/ProgramServicesAmt01830
IRS990/AdvertisingGrp/TotalAmt01830
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0THE ORGANIZATION
IRS990/BooksInCareOfDetail/PhoneNum06024956495
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt03800 NORTH CENTRAL AVENUE 720
IRS990/BooksInCareOfDetail/USAddress/CityNm0PHOENIX
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0AZ
IRS990/BooksInCareOfDetail/USAddress/ZIPCd085012
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0108547
IRS990/CashNonInterestBearingGrp/EOYAmt0815225
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0103023
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0116919
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0219942
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt02384
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt012109
IRS990/ConferencesMeetingsGrp/TotalAmt014493
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt02080
IRS990/CYOtherExpensesAmt0323751
IRS990/CYOtherRevenueAmt02092
IRS990/CYProgramServiceRevenueAmt0809002
IRS990/CYRevenuesLessExpensesAmt0-187601
IRS990/CYSalariesCompEmpBnftPaidAmt0677024
IRS990/CYTotalExpensesAmt01000775
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0813174
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt09219
IRS990/DepreciationDepletionGrp/TotalAmt09219
IRS990/Desc0THE CORPORATION PROVIDES ECONOMIC ASSISTANCE TO EXISTING SMALL BUSINESSES WITHIN THE STATE OF ARIZONA BY ORIGINATING LOAN PACKAGES FOR SMALL BUSINESS ADMINISTRATION SECTION 503 AND SECTION 504 LOAN PROGRAMS AND BY SERVICING EXISTING LOANS UNDER THESE PROGRAMS. SUBSEQUENT TO THE YEAR ENDED SEPTEMBER 30, 2022, 22 THE ORGANIZATION DISSOLVED AND MERGED INTO ARIZONA CAPITAL SOURCE, ANOTHER COMMUNITY DEVELOPMENT CORPORATION IN ARIZONA.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt07
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0824222
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt044022
IRS990/FeesForServicesAccountingGrp/TotalAmt044022
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt0360
IRS990/FeesForServicesLegalGrp/TotalAmt0360
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt131.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1440.00
IRS990/Form990PartVIISectionAGrp/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/OtherCompensationAmt1433838
IRS990/Form990PartVIISectionAGrp/PersonNm0BEN DANNER
IRS990/Form990PartVIISectionAGrp/PersonNm1NICK HUDEC
IRS990/Form990PartVIISectionAGrp/PersonNm2JEFF HAYS
IRS990/Form990PartVIISectionAGrp/PersonNm3MARK JEBELIAN
IRS990/Form990PartVIISectionAGrp/PersonNm4JENNIFER ALAI
IRS990/Form990PartVIISectionAGrp/PersonNm5GRANT BELTER
IRS990/Form990PartVIISectionAGrp/PersonNm6JIM BALSBAUGH
IRS990/Form990PartVIISectionAGrp/PersonNm7SCOTT DUNHAM
IRS990/Form990PartVIISectionAGrp/PersonNm8JILL B HAMBLEN
IRS990/Form990PartVIISectionAGrp/PersonNm9JIM KLUSSMAN
IRS990/Form990PartVIISectionAGrp/PersonNm10TERESA MIRANDA
IRS990/Form990PartVIISectionAGrp/PersonNm11SCOTT A SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm12MICHAEL WETNIGHT
IRS990/Form990PartVIISectionAGrp/PersonNm13LAURIE SANDAU
IRS990/Form990PartVIISectionAGrp/PersonNm14TODD WHISLER
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/ReportableCompFromOrgAmt14200000
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/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
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/TitleTxt14PRESIDENT & CEO
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01981
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt014
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0813174
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt014
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt040230
IRS990/InsuranceGrp/TotalAmt040230
IRS990/InvestmentIncomeGrp/ExclusionAmt02080
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt02080
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt05
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0319712
IRS990/LandBldgEquipBasisNetGrp/BOYAmt017212
IRS990/LandBldgEquipBasisNetGrp/EOYAmt07993
IRS990/LandBldgEquipCostOrOtherBssAmt0327705
IRS990/LegalDomicileStateCd0AZ
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROMOTE SMALL BUSINESS IN THE STATE OF ARIZONA.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01276152
IRS990/NetAssetsOrFundBalancesEOYAmt01088551
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01276152
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01088551
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt010294
IRS990/OccupancyGrp/ProgramServicesAmt092650
IRS990/OccupancyGrp/TotalAmt0102944
IRS990/OfficeExpensesGrp/ProgramServicesAmt063869
IRS990/OfficeExpensesGrp/TotalAmt063869
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt06320
IRS990/OtherAssetsTotalGrp/EOYAmt06320
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt055011
IRS990/OtherEmployeeBenefitsGrp/TotalAmt055011
IRS990/OtherExpensesGrp/Desc0CHARGE OFF EXPENSE
IRS990/OtherExpensesGrp/ProgramServicesAmt046784
IRS990/OtherExpensesGrp/TotalAmt046784
IRS990/OtherLiabilitiesGrp/BOYAmt09336
IRS990/OtherLiabilitiesGrp/EOYAmt02500
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0RECOVERY OF CHARGE OFF
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt02092
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02092
IRS990/OtherRevenueTotalAmt02092
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt05236
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0330387
IRS990/OtherSalariesAndWagesGrp/TotalAmt0335623
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt010394
IRS990/PayrollTaxesGrp/ProgramServicesAmt042508
IRS990/PayrollTaxesGrp/TotalAmt052902
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0840
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt012706
IRS990/PensionPlanContributionsGrp/TotalAmt013546
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt017498
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt018774
IRS990/PrincipalOfficerNm0TODD WHISLER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0525990
IRS990/ProgramServiceRevenueGrp/BusinessCd1525990
IRS990/ProgramServiceRevenueGrp/Desc0PROCESSING AND SERVICI
IRS990/ProgramServiceRevenueGrp/Desc1PROGRAM INTEREST INCOM
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0706389
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1102613
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0706389
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1102613
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0220940
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0764
IRS990/PYOtherExpensesAmt0387576
IRS990/PYOtherRevenueAmt05726
IRS990/PYProgramServiceRevenueAmt0858480
IRS990/PYRevenuesLessExpensesAmt0-142487
IRS990/PYSalariesCompEmpBnftPaidAmt0840821
IRS990/PYTotalExpensesAmt01228397
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01085910
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-187601
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0811094
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01150000
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0200000
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01000775
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt07993
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0319712
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0327705
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02500
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0APPLICANT DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0813174
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0SBFC RECOGNIZES UNCERTAIN TAX POSITIONS IN THE FINANCIAL STATEMENTS WHEN IT IS MORE LIKELY-THAN-NOT THAT THE POSITIONS WILL NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. AS OF SEPTEMBER 30, 2022, SBFC HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt07993
IRS990ScheduleD/TotalExpensesPerForm990Amt01000775
IRS990ScheduleD/TotalLiabilityAmt02500
IRS990ScheduleD/TotalRevenuePerForm990Amt0813174
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0813174
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01000775
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd01
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0200000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt06000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt027838
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0TODD WHISLER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT & CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0233838
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION PAYS A COMMISSION AT THE TIME OF VARIOUS LOAN MILESTONES SUCH AS APPROVAL AND FUNDING. THESE ARE PAID AS PERCENTAGES OF LOAN FEES EARNED BY THE ORGANIZATION AND ARE PART OF THE EMPLOYEES' CONTRACTS.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 5
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CEO WILL REVIEW AND SIGN THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION HAS A CONFLICT OF INTEREST POLICY THAT ADDRESSES THE CONSIDERATION OF POTENTIAL CONFLICTS OF INTEREST BY THE BOARD OF DIRECTORS, KEY EMPLOYEES, AND THEIR RELATIVES. AS PER THE POLICY, BOARD AND COMMITTEE MEMBERS MUST MAKE DISCLOSURE OF ANY POTENTIAL CONFLICTS OF INTEREST AND MUST ABSTAIN FROM VOTING ON ANY ACTION IN WHICH THEY MAY HAVE AN INTEREST. ON AN ANNUAL BASIS, ALL BOARD MEMBERS AND EMPLOYEES ARE REQUIRED TO SIGN OFF ON AN ANNUAL CONFLICT OF INTEREST FORM, EITHER STATING ANY KNOWN CONFLICTS, OR STATING THAT THERE ARE NONE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE EXECUTIVE COMMITTEE USED A MARKET SURVEY OF INDUSTRIES BY THE TRADE ASSOCIATION OF WHICH THE ORGANIZATION IS A MEMBER. THEY ALSO HAVE A WRITTEN EMPLOYMENT CONTRACT WHICH WAS APPROVED BY THE EXECUTIVE COMMITTEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd01
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt0SOUTHWESTERN BUSINESS FINANCING CORP
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0850542779
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0AZ
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/OwnershipPct01.00000
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0LOAN REFERRAL - NO ACTIVITY IN THIS ORGANIZATION
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0CAPITAL SOURCING LLC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt03200 N CENTRAL AVE STE 1550
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0PHOENIX
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0AZ
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd085012
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00

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