Civic Intelligence

Calvert Impact Inc.

990 • Fiscal year 2023 • EIN 86-3134806

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 13, 2024

Organization ProfileWWW.CALVERTIMPACTCAPITAL.ORG
7550 Wisconsin Avenue 8th FloorBethesda, MD 20814

(800) 248-0337

Siviq Scores

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

Liabilities / Assets

81st percentile

0.69x

Higher debt load relative to assets than 81% of similar nonprofits.

2023 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2023

Liabilities / Revenue

92nd percentile

4.05x

Higher debt load relative to revenue than 92% of similar nonprofits.

2023 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2023

Net Margin

87th percentile

35%

Higher net margin than 87% of similar nonprofits.

2023 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2023

Top Officer Pay

77th percentile

$605,529

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 6.7% of source-year revenue.

2023 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2023

Asset Growth

100th percentile

1670%

Faster asset growth than 100% of similar nonprofits.

2023 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2022 to 2023

Revenue Growth

97th percentile

202%

Faster revenue growth than 97% of similar nonprofits.

2023 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets81st percentile

Assets

Up

$53,089,625

Up $50,089,625 (+1670%) from 2022

Net Assets

Up

$16,365,006

Up $19,921,796 (+560%) from 2022

Liabilities

Up

$36,724,619

Up $30,167,829 (+460%) from 2022

Revenue And Expenses
Liabilities / Revenue92nd percentileNet Margin87th percentile

Revenue

Up

$9,069,724

Up $6,069,724 (+202%) from 2022

Expenses

Down

$5,888,690

Down $668,100 (-10%) from 2022

Net Income

Up

$3,181,034

Up $6,737,824 (+189%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth100th percentile

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

$150M$100M$50M$0-$50MAssets 2022: $3,000,000Liabilities 2022: $6,556,790Net Assets 2022: -$3,556,7902022Assets 2023: $53,089,625Liabilities 2023: $36,724,619Net Assets 2023: $16,365,0062023Assets 2024: $101,838,581Liabilities 2024: $87,031,689Net Assets 2024: $14,806,8922024

Highlighted filing

2023

Assets$53,089,625
Liabilities$36,724,619
Net Assets$16,365,006
Open 2023 Filing

Operations Trend

Revenue Growth97th percentile

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

$10M$5.0M$0-$5.0MRevenue 2022: $3,000,000Expenses 2022: $6,556,790Net Income 2022: -$3,556,7902022Revenue 2023: $9,069,724Expenses 2023: $5,888,690Net Income 2023: $3,181,0342023Revenue 2024: $8,342,994Expenses 2024: $8,888,465Net Income 2024: -$545,4712024

Highlighted filing

2023

Revenue$9,069,724
Expenses$5,888,690
Net Income$3,181,034
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 13, 2024
Return Version
2023v5.1
Gross Receipts
$9,069,724
Mission and Program Overview

Mission

Calvert impact, inc. Works for the benefit of underserved communities and individuals and to achieve a more equitable and sustainable world by creating, transforming and expanding markets through investment activities and capacity building in furtherance of such goals.

To provide a platform from which investment activities can be expanded and activties in lending, structuring services, and new product development can be diversified

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts-$33,170,220-
Pledges and Grants Receivable$3,000,000$9,343,547▲ $6,343,547
Other Notes and Loans Receivable, Net-$9,313,897-
Investments Other Securities-$384,615-
Accounts Receivable-$76,819-
Total Assets$3,000,000$53,089,625▲ $50,089,625
Other Assets Total$0$800,527▲ $800,527
Liabilities
Other Liabilities$0$30,727,827▲ $30,727,827
Accounts Payable and Accrued Expenses$1,556,790$3,045,027▲ $1,488,237
Grants Payable$5,000,000$2,951,765▼ $2,048,235
Total Liabilities$6,556,790$36,724,619▲ $30,167,829
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-3,556,790$16,365,006▲ $19,921,796
Total Net Assets Fund Balance$-3,556,790$16,365,006▲ $19,921,796
Total Liabilities and Net Assets / Fund Balance$3,000,000$53,089,625▲ $50,089,625
Compensation and Service Providers
Top Officer Pay77th percentile

Board Members and Trustees

NameTitle
Bart HarveyChair
Jennifer PrycePresident & CEO
Decker RolphDirector
Dr Jennifer IsernDirector
Jaime YordanDirector
Kathy StearnsDirector
Mario EspinosaDirector
Phil KirshmanDirector
Derek StrocherChief Financial Officer

Highest Paid Contractors

ContractorServicesLocationCompensation
Morgan Lewis & Bockius LLPLegal ServicesPO BOX 8500 S-6050, Philadelphia, PA 19178$2,196,872
Warner Norcross & Judd LLPLegal Services150 OTTAWA AVENUE NW SUITE 1500, Grand Rapids, MN 49503$317,590
Desautel Hege INC DhMarketing Services313 W RIVERSIDE AVE, Spokane, WA 99201$214,999
MorningstardbrsLegal Services140 BROADWAY SUITE 4300, New York, NY 10005$194,654
Husch BlackwellConsulting ServicesPO BOX 790379, Saint Louis, MI 63179$153,799
Revenue and Support

Revenue Composition

Contributions and Grants
$7,000,000
Program Service Revenue
$1,728,908
Investment Income
$340,816
Other Revenue
$0
Change in Net Assets
$3,181,034
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$4,442,112
Salaries, Compensation, and Employee Benefits$1,446,578
Total Fundraising Expense$59,873
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Legal$2,179,061$519,235$1,882$2,700,178
Other Salaries and Wages$1,136,950$287,913$21,715$1,446,578
Office Expenses$95,344$270,897$33,630$399,871
Advertising$191,512$43,944$503$235,959
Interest$177,922$7,361-$185,283
Fees for Services Other$39,964$9,523$35$49,522
Occupancy$35,125$11,370$775$47,270
Conferences and Meetings$5,952$1,306$242$7,500
Fees for Service Investment Mgmnt Fees$4,440$1,057$3$5,500
Travel$3,061$1,200$253$4,514
Information Technology$1,291$308$1$1,600
Other Expenses$137$388$292$525
Total Functional Expenses$4,654,433$1,174,384$59,873$5,888,690
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
Affiliate Notes Payable$29,950,339
Due to Affiliate$777,488
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
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, Part VI, Section B, Line 11B

“The form 990 is provided to management members for review prior to filing with the internal revenue service.”

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

“Conflicts of interest are monitored by a compliance officer and associate who oversee the conflict of interest policy. The members of the governing body annually report any conflicts to the officer who will notify the audit committee to enforce the policy. In the event that a conflict arises, the member of the governing body will recuse themselves from voting on any matter that applies to the conflict of interest.”

Form 990, Part VI, Section C, Line 19

“The organization's governing documents and conflict of interest policy are available upon request.”

Filing and Contact Details

Filer

Filer Name
Calvert Impact Inc
EIN
86-3134806
Phone
8002480337
Address
7550 WISCONSIN AVENUE 8TH FLOOR, BETHESDA, MD 20814

Signing Officer

Name
Derek Strocher
Title
CFO
Phone
8002480337
Signed
2024-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jennifer Pryce
Formed
2021
Legal Domicile
De
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
7

Preparer

Firm
Johnson Lambert Llp
Address
4242 SIX FORKS ROAD SUITE 1500, RALEIGH, NC 27609
Preparer
J Calvin Marks
Phone
9197196400
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Intercompany equity contribution 16,640,763.”

Financial Statement Notes

PART X, LINE 2:

“Management has concluded that the company. Has maintained its exempt status and that there are no uncertain tax positions as of december 31, 2023.”

Raw XML AppendixShowing 400 of 654 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/BOYAmt01556790
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt03045027
IRS990/AccountsReceivableGrp/EOYAmt076819
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROVIDE A PLATFORM FROM WHICH INVESTMENT ACTIVITIES CAN BE EXPANDED AND ACTIVTIES IN LENDING, STRUCTURING SERVICES, AND NEW PRODUCT DEVELOPMENT CAN BE DIVERSIFIED
IRS990/AdvertisingGrp/FundraisingAmt0503
IRS990/AdvertisingGrp/ManagementAndGeneralAmt043944
IRS990/AdvertisingGrp/ProgramServicesAmt0191512
IRS990/AdvertisingGrp/TotalAmt0235959
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0DEREK STROCHER
IRS990/BooksInCareOfDetail/PhoneNum08002480337
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt07550 WISCONSIN AVENUE 8TH FLOOR
IRS990/BooksInCareOfDetail/USAddress/CityNm0BETHESDA
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MD
IRS990/BooksInCareOfDetail/USAddress/ZIPCd020814
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/EOYAmt033170220
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt05
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/FundraisingAmt0242
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt01306
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt05952
IRS990/ConferencesMeetingsGrp/TotalAmt07500
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/ContractorCompensationGrp/CompensationAmt02196872
IRS990/ContractorCompensationGrp/CompensationAmt1317590
IRS990/ContractorCompensationGrp/CompensationAmt2214999
IRS990/ContractorCompensationGrp/CompensationAmt3194654
IRS990/ContractorCompensationGrp/CompensationAmt4153799
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0PO BOX 8500 S-6050
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt1150 OTTAWA AVENUE NW SUITE 1500
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt2313 W RIVERSIDE AVE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt3140 BROADWAY SUITE 4300
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt4PO BOX 790379
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0PHILADELPHIA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1GRAND RAPIDS
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm2SPOKANE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm3NEW YORK
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm4SAINT LOUIS
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0PA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd1MN
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd2WA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd3NY
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd4MI
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd019178
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd149503
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd299201
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd310005
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd463179
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0MORGAN LEWIS & BOCKIUS LLP
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1WARNER NORCROSS & JUDD LLP
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt2DESAUTEL HEGE INC DH
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt3MORNINGSTARDBRS
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt4HUSCH BLACKWELL
IRS990/ContractorCompensationGrp/ServicesDesc0LEGAL SERVICES
IRS990/ContractorCompensationGrp/ServicesDesc1LEGAL SERVICES
IRS990/ContractorCompensationGrp/ServicesDesc2MARKETING SERVICES
IRS990/ContractorCompensationGrp/ServicesDesc3LEGAL SERVICES
IRS990/ContractorCompensationGrp/ServicesDesc4CONSULTING SERVICES
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt07000000
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0340816
IRS990/CYOtherExpensesAmt04442112
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt01728908
IRS990/CYRevenuesLessExpensesAmt03181034
IRS990/CYSalariesCompEmpBnftPaidAmt01446578
IRS990/CYTotalExpensesAmt05888690
IRS990/CYTotalFundraisingExpenseAmt059873
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt09069724
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0COMMUNITY INVESTMENT NOTE: CALVERT IMPACT CAPITAL REMAINS DEDICATED TO MAKING IMPACT INVESTABLE THROUGH PRODUCTS AND SERVICES THAT CHANGE THE WORLD.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd01
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt04654433
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesLegalGrp/FundraisingAmt01882
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt0519235
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt02179061
IRS990/FeesForServicesLegalGrp/TotalAmt02700178
IRS990/FeesForServicesOtherGrp/FundraisingAmt035
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt09523
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt039964
IRS990/FeesForServicesOtherGrp/TotalAmt049522
IRS990/FeesForSrvcInvstMgmntFeesGrp/FundraisingAmt03
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt01057
IRS990/FeesForSrvcInvstMgmntFeesGrp/ProgramServicesAmt04440
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt05500
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt056833
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt152232
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/PersonNm0JENNIFER PRYCE
IRS990/Form990PartVIISectionAGrp/PersonNm1DEREK STROCHER
IRS990/Form990PartVIISectionAGrp/PersonNm2BART HARVEY
IRS990/Form990PartVIISectionAGrp/PersonNm3DR JENNIFER ISERN
IRS990/Form990PartVIISectionAGrp/PersonNm4MARIO ESPINOSA
IRS990/Form990PartVIISectionAGrp/PersonNm5PHIL KIRSHMAN
IRS990/Form990PartVIISectionAGrp/PersonNm6DECKER ROLPH
IRS990/Form990PartVIISectionAGrp/PersonNm7KATHY STEARNS
IRS990/Form990PartVIISectionAGrp/PersonNm8JAIME YORDAN
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/ReportableCompFromRltdOrgAmt0548696
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt1445240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHIEF FINANCIAL OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt2CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr02021
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantAmt00
IRS990/GrantsPayableGrp/BOYAmt05000000
IRS990/GrantsPayableGrp/EOYAmt02951765
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt09069724
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt01
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0308
IRS990/InformationTechnologyGrp/ProgramServicesAmt01291
IRS990/InformationTechnologyGrp/TotalAmt01600
IRS990/InterestGrp/ManagementAndGeneralAmt07361
IRS990/InterestGrp/ProgramServicesAmt0177922
IRS990/InterestGrp/TotalAmt0185283
IRS990/InvestmentIncomeGrp/ExclusionAmt0340816
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0340816
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0384615
IRS990/IRPDocumentCnt015
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0DE
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE ORGANIZATION PROVIDES A PLATFORM FROM WHICH INVESTMENT ACTIVITIES CAN BE EXPANDED AND ACTIVTIES IN LENDING, STRUCTURING SERVICES, AND NEW PRODUCT DEVELOPMENT CAN BE DIVERSIFIED IN ORDER TO CREATE MORE OPPORTUNITES FOR INVESTORS TO CHANBEL CAPITAL TO COMMUNITIES IN NEED.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0-3556790
IRS990/NetAssetsOrFundBalancesEOYAmt016365006
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-3556790
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt016365006
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt0775
IRS990/OccupancyGrp/ManagementAndGeneralAmt011370
IRS990/OccupancyGrp/ProgramServicesAmt035125
IRS990/OccupancyGrp/TotalAmt047270
IRS990/OfficeExpensesGrp/FundraisingAmt033630
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0270897
IRS990/OfficeExpensesGrp/ProgramServicesAmt095344
IRS990/OfficeExpensesGrp/TotalAmt0399871
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt0800527
IRS990/OtherChangesInNetAssetsAmt016640763
IRS990/OtherExpensesGrp/Desc0PROVISION FOR LOAN LOSS
IRS990/OtherExpensesGrp/Desc1REGISTRATIONS & COMPLIA
IRS990/OtherExpensesGrp/Desc2DUES & SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc3TAXES & LICENSES
IRS990/OtherExpensesGrp/FundraisingAmt0542
IRS990/OtherExpensesGrp/FundraisingAmt1292
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01695
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt117403
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2784
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt3388
IRS990/OtherExpensesGrp/ProgramServicesAmt0756952
IRS990/OtherExpensesGrp/ProgramServicesAmt122371
IRS990/OtherExpensesGrp/ProgramServicesAmt24351
IRS990/OtherExpensesGrp/ProgramServicesAmt3137
IRS990/OtherExpensesGrp/TotalAmt0758647
IRS990/OtherExpensesGrp/TotalAmt140316
IRS990/OtherExpensesGrp/TotalAmt25427
IRS990/OtherExpensesGrp/TotalAmt3525
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt030727827
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt021715
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0287913
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01136950
IRS990/OtherSalariesAndWagesGrp/TotalAmt01446578
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt09313897
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt03000000
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt09343547
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0JENNIFER PRYCE
IRS990/PriorPeriodAdjustmentsAmt099999
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0FEE INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01728908
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01728908
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt03000000
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt05000000
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt01556790
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-3556790
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt06556790
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03000000
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt03181034
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt07000000
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01728908
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt07000000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt03000000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt010000000
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0340816
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0340816
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt01728908
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt010000000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt07000000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt03000000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt010000000
IRS990ScheduleA/TotalSupportAmt010340816
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/ScheduleBRequiredInd01
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt029950339
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1777488
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0AFFILIATE NOTES PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DUE TO AFFILIATE
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT HAS CONCLUDED THAT THE COMPANY. HAS MAINTAINED ITS EXEMPT STATUS AND THAT THERE ARE NO UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2023.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalLiabilityAmt030727827
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt0121056
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt180000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0427280
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1364880
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt026400
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt126400
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt030433
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt125832
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt0360
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt1360
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0JENNIFER PRYCE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1DEREK STROCHER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT & CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1CHIEF FINANCIAL OFFICER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0605529
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1497472
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS PROVIDED TO MANAGEMENT MEMBERS FOR REVIEW PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CONFLICTS OF INTEREST ARE MONITORED BY A COMPLIANCE OFFICER AND ASSOCIATE WHO OVERSEE THE CONFLICT OF INTEREST POLICY. THE MEMBERS OF THE GOVERNING BODY ANNUALLY REPORT ANY CONFLICTS TO THE OFFICER WHO WILL NOTIFY THE AUDIT COMMITTEE TO ENFORCE THE POLICY. IN THE EVENT THAT A CONFLICT ARISES, THE MEMBER OF THE GOVERNING BODY WILL RECUSE THEMSELVES FROM VOTING ON ANY MATTER THAT APPLIES TO THE CONFLICT OF INTEREST.

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$53,089,625
Liabilities
$36,724,619
Net assets
$16,365,006
Revenue
$9,069,724
Expenses
$5,888,690
Net income
$3,181,034
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$102$87.0$14.8$8.34$8.89$0.55
2023Detailed filing. Detailed filing data is available for this year.$53.1$36.7$16.4$9.07$5.89$3.18
2022Detailed filing. Detailed filing data is available for this year.$3.00$6.56$3.56$3.00$6.56$3.56