Civic Intelligence

Ncw Business Loan Fund

EIN 91-1639209 • 501(c)3 • Chelan, WA

Profile

To provide loans to commercial borrowers unable to access traditional loan sources.

PO Box 3032Chelan, WA 98816-3032

www.ncwloanfund.org

Siviq Scores

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

Liabilities / Assets

84th percentile

0.52x

Higher debt load relative to assets than 84% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

98th percentile

8.16x

Higher debt load relative to revenue than 98% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

80th percentile

29%

Higher net margin than 80% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

44th percentile

$24,500

Higher top officer pay than 44% of similar nonprofits.

Top officer pay equals 16.7% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

30th percentile

-2.7%

Faster asset growth than 30% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

61st percentile

14%

Faster revenue growth than 61% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Down

$2,292,068

Down $64,521 (-2.7%) from 2016

Liabilities

Down

$1,195,791

Down $106,789 (-8.2%) from 2016

Net Assets

Up

$1,096,277

Up $42,268 (+4.0%) from 2016

Revenue

Up

$146,521

Up $18,362 (+14%) from 2016

Expenses

Down

$103,972

Down $61,788 (-37%) from 2016

Net Income

Up

$42,549

Up $80,150 (+213%) from 2016

Trend Graphs

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $2,528,952Liabilities 2011: $1,722,695Net Assets 2011: $806,2572011Assets 2012: $2,474,130Liabilities 2012: $1,624,586Net Assets 2012: $849,5442012Assets 2013: $2,420,080Liabilities 2013: $1,527,298Net Assets 2013: $892,7822013Assets 2014: $2,464,883Liabilities 2014: $1,425,890Net Assets 2014: $1,038,9932014Assets 2015: $2,391,205Liabilities 2015: $1,298,164Net Assets 2015: $1,093,0412015Assets 2016: $2,356,589Liabilities 2016: $1,302,580Net Assets 2016: $1,054,0092016Assets 2017: $2,292,068Liabilities 2017: $1,195,791Net Assets 2017: $1,096,2772017

Highlighted filing

2017

Assets$2,292,068
Liabilities$1,195,791
Net Assets$1,096,277

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2011: $165,061Expenses 2011: $121,290Net Income 2011: $43,7712011Expenses 2012: $127,7422012Expenses 2013: $215,4122013Revenue 2014: $316,170Expenses 2014: $168,082Net Income 2014: $148,0882014Revenue 2015: $266,700Expenses 2015: $210,768Net Income 2015: $55,9322015Revenue 2016: $128,159Expenses 2016: $165,760Net Income 2016: -$37,6012016Revenue 2017: $146,521Expenses 2017: $103,972Net Income 2017: $42,5492017

Highlighted filing

2017

Revenue$146,521
Expenses$103,972
Net Income$42,549

Filings

Latest Detailed Filing

The latest 2017 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2015 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Jan 14, 2016
Return Version
2014v6.0
Gross Receipts
$266,700
Mission and Program Overview

Mission

To provide loans to commercial borrowers unable to access traditional loan sources.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$1,695,044$1,642,367▼ $52,677
Cash and Non-Interest-Bearing Accounts$409,213$429,450▲ $20,237
Pledges and Grants Receivable$142,767$111,767▼ $31,000
Prepaid Expenses and Deferred Charges$5,626$24,249▲ $18,623
Land, Buildings, and Equipment, Net$7,233$3,472▼ $3,761
Total Assets$2,464,883$2,391,205▼ $73,678
Other Assets Total$205,000$179,900▼ $25,100
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,371,811$1,270,908▼ $100,903
Other Liabilities$50,000--
Accounts Payable and Accrued Expenses$4,079$27,256▲ $23,177
Total Liabilities$1,425,890$1,298,164▼ $127,726
Net Assets / Fund Balance
Unrestricted Net Assets$1,038,993$1,093,041▲ $54,048
Total Net Assets Fund Balance$1,038,993$1,093,041▲ $54,048
Total Liabilities and Net Assets / Fund Balance$2,464,883$2,391,205▼ $73,678

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$3,472$8,927$12,399
Other Assets Org$179,900--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jordana LaportePresident
Dan HodgeDirector
Mike SteeleDirector
Rich WatsonDirector
Roni Holder-diefenbachDirector
Rosa CruzDirector
Jeff BrenderExecutive Di
Stephanie MusserSecretary
Joan AlwaysTreasurer
Claudia DeroblesVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$126,920
Program Service Revenue
$138,795
Investment Income
$985
Other Revenue
$0
Change in Net Assets
$55,932

Audited Revenue Reconciliation

Revenue per Audited Statements
$266,700
Total Revenue per Audited Statements
$266,700
Total Revenue per Form 990
$266,700
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$153,339
Salaries, Compensation, and Employee Benefits$57,429
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$35,267$17,792-$53,059
Fees for Services Other$21,538--$21,538
Fees for Services Accounting$15,645--$15,645
Interest$13,331--$13,331
Conferences and Meetings-$6,856-$6,856
Insurance-$4,401-$4,401
Payroll Taxes$2,905$1,465-$4,370
Office Expenses$3,641--$3,641
Occupancy$3,600--$3,600
Other Expenses$2,044--$2,044
Depreciation Depletion$1,877--$1,877
Information Technology$1,702--$1,702
Advertising$479--$479
Total Functional Expenses$180,254$30,514$0$210,768

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$212,652
Expenses per Audited Statements$210,768
Total Expenses per Form 990$210,768
Expenses Not Reported on Form 990$1,884
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Jordana LaporteBoard PresidentRentNo-
Jordana LaporteBoard PresidentAccounting ServicesNo-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
Yes
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Executive director reviews return before submitting.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Ncw Business Loan Fund
EIN
91-1639209
Phone
5098604330
Address
PO BOX 3032, CHELAN, WA 98816-3032

Signing Officer

Name
Jeff Brender
Title
Executive Director
Phone
5098604330
Signed
2016-01-14

Organization Details

Principal Officer
Jeff Brender
Formed
1991
Legal Domicile
Wa
Voting Board Members
9
Independent Board Members
7
Employees
2

Preparer

Firm
Homchick Smith & Associates Pllc
Address
PO BOX 1371, WENATCHEE, WA 98807-1371
Preparer
Johnathan P Simmons CPA
Phone
5096631131
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Loan maintenance 10,524 0 0 professional fees 11,014 0 0

Form 990, Part XI, Line 9

Book / tax depreciation difference -1,884

Financial Statement Notes

Schedule D, Page 4, Part XII, Line 2D

Book / tax depreciation difference 1,884

Raw XML Appendix399 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.

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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0251653
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0170367
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0163998
IRS990ScheduleA/Total509Grp/TotalAmt01166913
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0BOOK / TAX DEPRECIATION DIFFERENCE 1,884
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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm1JORDANA LAPORTE
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXECUTIVE DIRECTOR REVIEWS RETURN BEFORE SUBMITTING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2LOAN MAINTENANCE 10,524 0 0 PROFESSIONAL FEES 11,014 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BOOK / TAX DEPRECIATION DIFFERENCE -1,884
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XI, LINE 9
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IRS990/TotalRevenueGrp/ExclusionAmt0985
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IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 3032
IRS990/USAddress/CityNm0CHELAN
IRS990/USAddress/StateAbbreviationCd0WA
IRS990/USAddress/ZIPCd0988163032
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.NCWLOANFUND.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-08-17 19:52:53Z
ReturnHeader/BusinessOfficerGrp/PersonNm0JEFF BRENDER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum05098604330
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-01-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NCW BUSINESS LOAN FUND
ReturnHeader/Filer/BusinessNameControlTxt0NORT
ReturnHeader/Filer/EIN0911639209
ReturnHeader/Filer/PhoneNum05098604330
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 3032
ReturnHeader/Filer/USAddress/CityNm0CHELAN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WA
ReturnHeader/Filer/USAddress/ZIPCd0988163032
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0910626552
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HOMCHICK SMITH & ASSOCIATES PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 1371
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WENATCHEE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0988071371
ReturnHeader/PreparerPersonGrp/PhoneNum05096631131
ReturnHeader/PreparerPersonGrp/PreparationDt02016-01-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOHNATHAN P SIMMONS CPA
ReturnHeader/ReturnTs02016-02-26T15:59:45-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-07-01
ReturnHeader/TaxPeriodEndDt02015-06-30
ReturnHeader/TaxYr02014

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