Civic Intelligence

Valley Small Business Development Corporation

990 • Fiscal year 2023 • EIN 94-2461685

Jul 01, 2022 to Jun 30, 2023 • Filed on May 14, 2024

Organization ProfileWWW.VSBDC.COM

View Organization Page

7035 North Fruit AvenueFresno, CA 93711

(559) 438-9680

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.66x

Higher debt load relative to assets than 83% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Liabilities / Revenue

93rd percentile

4.07x

Higher debt load relative to revenue than 93% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Net Margin

90th percentile

48%

Higher net margin than 90% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Top Officer Pay

48th percentile

$174,676

Higher top officer pay than 48% of similar nonprofits.

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

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Asset Growth

15th percentile

-4.5%

Faster asset growth than 15% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Revenue Growth

83rd percentile

36%

Faster revenue growth than 83% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets83rd percentile

Assets

Down

$19,113,461

Down $900,143 (-4.5%) from 2022

Net Assets

Up

$6,508,543

Up $1,488,101 (+30%) from 2022

Liabilities

Down

$12,604,918

Down $2,388,244 (-16%) from 2022

Revenue And Expenses
Liabilities / Revenue93rd percentileNet Margin90th percentile

Revenue

Up

$3,097,036

Up $819,081 (+36%) from 2022

Expenses

Up

$1,608,935

Up $50,067 (+3.2%) from 2022

Net Income

Up

$1,488,101

Up $769,014 (+107%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth15th percentile

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

$30M$20M$10M$0Assets 2010: $17,584,292Liabilities 2010: $11,321,524Net Assets 2010: $6,262,7682010Assets 2011: $19,841,071Liabilities 2011: $12,282,194Net Assets 2011: $7,558,8772011Assets 2012: $23,458,760Liabilities 2012: $16,076,459Net Assets 2012: $7,382,3012012Assets 2013: $20,909,137Liabilities 2013: $13,842,554Net Assets 2013: $7,066,5832013Assets 2014: $20,503,502Liabilities 2014: $13,524,760Net Assets 2014: $6,978,7422014Assets 2015: $16,551,317Liabilities 2015: $14,721,815Net Assets 2015: $1,829,5022015Assets 2016: $15,897,681Liabilities 2016: $13,932,931Net Assets 2016: $1,964,7502016Assets 2017: $17,331,277Liabilities 2017: $15,280,477Net Assets 2017: $2,050,8002017Assets 2018: $18,603,415Liabilities 2018: $16,408,689Net Assets 2018: $2,194,7262018Assets 2019: $18,387,758Liabilities 2019: $15,721,399Net Assets 2019: $2,666,3592019Assets 2020: $18,400,869Liabilities 2020: $14,909,013Net Assets 2020: $3,491,8562020Assets 2021: $19,405,908Liabilities 2021: $15,104,553Net Assets 2021: $4,301,3552021Assets 2022: $20,013,604Liabilities 2022: $14,993,162Net Assets 2022: $5,020,4422022Assets 2023: $19,113,461Liabilities 2023: $12,604,918Net Assets 2023: $6,508,5432023Assets 2024: $23,413,237Liabilities 2024: $16,605,695Net Assets 2024: $6,807,5422024Assets 2025: $22,888,649Liabilities 2025: $15,977,489Net Assets 2025: $6,911,1602025

Highlighted filing

2023

Assets$19,113,461
Liabilities$12,604,918
Net Assets$6,508,543
Open 2023 Filing

Operations Trend

Revenue Growth83rd percentile

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $2,482,1242010Revenue 2011: $3,691,131Expenses 2011: $2,394,440Net Income 2011: $1,296,6912011Expenses 2012: $2,081,8052012Expenses 2013: $1,978,2172013Revenue 2014: $1,636,133Expenses 2014: $1,735,918Net Income 2014: -$99,7852014Revenue 2015: $1,710,873Expenses 2015: $1,671,733Net Income 2015: $39,1402015Revenue 2016: $1,886,716Expenses 2016: $1,775,468Net Income 2016: $111,2482016Revenue 2017: $1,786,923Expenses 2017: $1,700,873Net Income 2017: $86,0502017Revenue 2018: $1,868,862Expenses 2018: $1,724,936Net Income 2018: $143,9262018Revenue 2019: $2,561,608Expenses 2019: $2,089,975Net Income 2019: $471,6332019Revenue 2020: $2,675,434Expenses 2020: $1,849,937Net Income 2020: $825,4972020Revenue 2021: $2,458,258Expenses 2021: $1,648,759Net Income 2021: $809,4992021Revenue 2022: $2,277,955Expenses 2022: $1,558,868Net Income 2022: $719,0872022Revenue 2023: $3,097,036Expenses 2023: $1,608,935Net Income 2023: $1,488,1012023Revenue 2024: $2,152,498Expenses 2024: $1,853,499Net Income 2024: $298,9992024Revenue 2025: $2,074,276Expenses 2025: $1,970,658Net Income 2025: $103,6182025

Highlighted filing

2023

Revenue$3,097,036
Expenses$1,608,935
Net Income$1,488,101
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
May 14, 2024
Return Version
2022v5.0
Gross Receipts
$3,097,036
Mission and Program Overview

Mission

Providing capital, management assistance and other financial resources, including loan services, personnel and business education to small business entrepreneurs in economically disadvantaged areas, and thereby stimulating economic development.

Providing capital, management assistance and other financial resources, including loan services, personnel, and business education to small business entrepreneurs in economically disadvantaged areas, and thereby stimulating economic development.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$7,225,273$8,528,780▲ $1,303,507
Cash and Non-Interest-Bearing Accounts$9,396,395$7,373,332▼ $2,023,063
Savings and Temporary Cash Investments$2,241,412$1,835,957▼ $405,455
Land, Buildings, and Equipment, Net$990,624$965,199▼ $25,425
Accounts Receivable$143,060$391,913▲ $248,853
Prepaid Expenses and Deferred Charges$16,119$17,559▲ $1,440
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$20,013,604$19,113,461▼ $900,143
Other Assets Total$721$721→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$13,286,444$12,377,806▼ $908,638
Accounts Payable and Accrued Expenses$235,839$141,546▼ $94,293
Deferred Revenue$1,470,879$85,566▼ $1,385,313
Total Liabilities$14,993,162$12,604,918▼ $2,388,244
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$4,520,442$6,508,543▲ $1,988,101
Net Assets With Donor Restrictions$500,000--
Total Net Assets Fund Balance$5,020,442$6,508,543▲ $1,488,101
Total Liabilities and Net Assets / Fund Balance$20,013,604$19,113,461▼ $900,143

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$591,548$557,931$1,149,479
Land$347,721-$347,721
Other Land Buildings$25,930$140,399$166,329
Compensation and Service Providers
Top Officer Pay48th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Debbie RavenCEOFT$145,400$29,276$174,676

Board Members and Trustees

NameTitle
Kee XiongChairperson
Antonio AvalosVice Chair
Ali NekumaneshDirector
Julia PicherDirector
Ken HerronDirector
Robert PoythressDirector
Susan WoesnerDirector
Dorothy ThomasSecretary
Oscar EspinozaTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,933,625
Program Service Revenue
$1,163,411
Investment Income
$0
Other Revenue
$0
All Other Contributions
$246,000
Change in Net Assets
$1,488,101

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,097,036
Total Revenue per Audited Statements
$3,097,036
Total Revenue per Form 990
$3,097,036
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$924,482
Salaries, Compensation, and Employee Benefits$684,453
Total Fundraising Expense$3,437
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$453,276--$453,276
Other Salaries and Wages$318,254$106,085-$424,339
Fees for Services Other$42,546$170,183-$212,729
Current Officers, Directors, Trustees, and Key Employees$131,007$43,669-$174,676
Other Employee Benefits$64,079$21,359-$85,438
Occupancy-$52,475-$52,475
Depreciation Depletion-$34,225-$34,225
Advertising$20,424--$20,424
Travel$7,573$2,164$1,082$10,819
Other Expenses$5,819$18,525$2,195$5,819
Insurance-$5,564-$5,564
All Other Expenses$2,419$1,712$160$4,291
Conferences and Meetings-$2,911-$2,911
Total Functional Expenses$1,076,740$528,758$3,437$1,608,935

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,608,935
Total Expenses per Audited Statements$1,608,935
Total Expenses per Form 990$1,608,935
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

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“Information returns were reviewed by management. Copies were made available to Board members prior to filing.”

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

“Regional Compensation surveys for the CEO's compensation.”

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

“Prevaling pay scales.”

Form 990, Part VI, Section C, Line 19

“Upon request at the company headquarters - guidestar website.”

Filing and Contact Details

Filer

Filer Name
Valley Small Business Development
EIN
94-2461685
Phone
5594389680
Address
7035 North Fruit Avenue, Fresno, CA 93711

Signing Officer

Name
Debbie Raven
Title
CEO
Signed
2024-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Debbie Raven
Formed
1977
Legal Domicile
CA
Voting Board Members
9
Independent Board Members
9
Employees
10

Preparer

Firm
Henderson CPAs
Address
7086 N Maple Ave Ste 104, Fresno, CA 93720
Preparer
Brian Henderson
Phone
5594127576
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

“The Corporation has qualified as a non-profit corporation and has been granted tax-exempt status pursuant to Internal Revenue Code Section 501 (C)(3) and California Revenue and Taxation Code Section 23701(D) and is exempt from federal and state of California income taxes.Generally Accepted Accounting Principles provides accounting and disclosure guidance about positions taken by an entity in its tax returns that might be uncertain.Management has considered its tax positions and believes that all of the positions taken in its federal and state exempt organization tax returns are more likely than not to be sustained upon examination. The corporation's returns are subject to examination by federal and state taxing authorities, generally for three years and four years, respectively, after they are filed.”

Raw XML AppendixShowing 400 of 498 raw XML fields

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

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0235839
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0141546
IRS990/AccountsReceivableGrp/BOYAmt0143060
IRS990/AccountsReceivableGrp/EOYAmt0391913
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0Providing capital, management assistance and other financial resources, including loan services, personnel, and business education to small business entrepreneurs in economically disadvantaged areas, and thereby stimulating economic development.
IRS990/AdvertisingGrp/ProgramServicesAmt020424
IRS990/AdvertisingGrp/TotalAmt020424
IRS990/AllOtherContributionsAmt0246000
IRS990/AllOtherExpensesGrp/FundraisingAmt0160
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt01712
IRS990/AllOtherExpensesGrp/ProgramServicesAmt02419
IRS990/AllOtherExpensesGrp/TotalAmt04291
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0Debbie Raven
IRS990/BooksInCareOfDetail/PhoneNum05594389680
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt07035 North Fruit Avenue
IRS990/BooksInCareOfDetail/USAddress/CityNm0Fresno
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd093711
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt09396395
IRS990/CashNonInterestBearingGrp/EOYAmt07373332
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt043669
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0131007
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0174676
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt02911
IRS990/ConferencesMeetingsGrp/TotalAmt02911
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01933625
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0924482
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt01163411
IRS990/CYRevenuesLessExpensesAmt01488101
IRS990/CYSalariesCompEmpBnftPaidAmt0684453
IRS990/CYTotalExpensesAmt01608935
IRS990/CYTotalFundraisingExpenseAmt03437
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt03097036
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt01470879
IRS990/DeferredRevenueGrp/EOYAmt085566
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt034225
IRS990/DepreciationDepletionGrp/TotalAmt034225
IRS990/Desc0Made capital available to underprivileged small business entrepreneurs and has thus stimulated employment and development in targeted areas all over the State California.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt0500000
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt010
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt01076740
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditPerformedInd0true
IRS990/FederalGrantAuditRequiredInd0true
IRS990/FeesForServicesAccountingGrp/TotalAmt00
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0170183
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt042546
IRS990/FeesForServicesOtherGrp/TotalAmt0212729
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282FiledCnt00
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt90.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt72.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt82.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt92.00
IRS990/Form990PartVIISectionAGrp/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/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt029276
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/PersonNm0Debbie Raven
IRS990/Form990PartVIISectionAGrp/PersonNm1Oscar Espinoza
IRS990/Form990PartVIISectionAGrp/PersonNm2Robert Poythress
IRS990/Form990PartVIISectionAGrp/PersonNm3Antonio Avalos
IRS990/Form990PartVIISectionAGrp/PersonNm4Ali Nekumanesh
IRS990/Form990PartVIISectionAGrp/PersonNm5Julia Picher
IRS990/Form990PartVIISectionAGrp/PersonNm6Ken Herron
IRS990/Form990PartVIISectionAGrp/PersonNm7Kee Xiong
IRS990/Form990PartVIISectionAGrp/PersonNm8Susan Woesner
IRS990/Form990PartVIISectionAGrp/PersonNm9Dorothy Thomas
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0145400
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/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/TitleTxt0CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Vice Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Chairperson
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Secretary
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01977
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GovernmentGrantsAmt01687625
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt03097036
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt05564
IRS990/InsuranceGrp/TotalAmt05564
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/ProgramServicesAmt0453276
IRS990/InterestGrp/TotalAmt0453276
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt06
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0698330
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0990624
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0965199
IRS990/LandBldgEquipCostOrOtherBssAmt01663529
IRS990/LegalDomicileStateCd0CA
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Providing capital, management assistance and other financial resources, including loan services, personnel, and business education to small business entrepreneurs in economically disadvantaged areas, and thereby stimulating economic development.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt013286444
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt012377806
IRS990/NetAssetsOrFundBalancesBOYAmt05020442
IRS990/NetAssetsOrFundBalancesEOYAmt06508543
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt04520442
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt06508543
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt052475
IRS990/OccupancyGrp/TotalAmt052475
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0721
IRS990/OtherAssetsTotalGrp/EOYAmt0721
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt021359
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt064079
IRS990/OtherEmployeeBenefitsGrp/TotalAmt085438
IRS990/OtherExpensesGrp/Desc0Supplies
IRS990/OtherExpensesGrp/Desc1Communication
IRS990/OtherExpensesGrp/Desc2Taxes and Licenses
IRS990/OtherExpensesGrp/Desc3Bad debt espenses (recoveries)
IRS990/OtherExpensesGrp/FundraisingAmt02195
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt061107
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt18779
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt218525
IRS990/OtherExpensesGrp/ProgramServicesAmt020369
IRS990/OtherExpensesGrp/ProgramServicesAmt110974
IRS990/OtherExpensesGrp/ProgramServicesAmt25819
IRS990/OtherExpensesGrp/TotalAmt081476
IRS990/OtherExpensesGrp/TotalAmt121948
IRS990/OtherExpensesGrp/TotalAmt218525
IRS990/OtherExpensesGrp/TotalAmt35819
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0106085
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0318254
IRS990/OtherSalariesAndWagesGrp/TotalAmt0424339
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt07225273
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt08528780
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt016119
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt017559
IRS990/PrincipalOfficerNm0Debbie Raven
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0522291
IRS990/ProgramServiceRevenueGrp/BusinessCd1522291
IRS990/ProgramServiceRevenueGrp/BusinessCd2541690
IRS990/ProgramServiceRevenueGrp/BusinessCd3531120
IRS990/ProgramServiceRevenueGrp/Desc0Interest Income
IRS990/ProgramServiceRevenueGrp/Desc1Loan & Servicing Fees
IRS990/ProgramServiceRevenueGrp/Desc2Miscellaneous Income
IRS990/ProgramServiceRevenueGrp/Desc3Rental Income
IRS990/ProgramServiceRevenueGrp/ExclusionAmt0406997
IRS990/ProgramServiceRevenueGrp/ExclusionAmt116352
IRS990/ProgramServiceRevenueGrp/ExclusionAmt242000
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0698062
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0698062
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1406997
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt216352
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt342000
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01036697
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0775245
IRS990/PYProgramServiceRevenueAmt01241258
IRS990/PYRevenuesLessExpensesAmt0719087
IRS990/PYSalariesCompEmpBnftPaidAmt0783623
IRS990/PYTotalExpensesAmt01558868
IRS990/PYTotalRevenueAmt02277955
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt01488101
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02241412
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01835957
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01933625
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01036797
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01304200
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01130976
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0800322
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt06205920
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt01105059
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01181706
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt01061085
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt01380423
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt01673170
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt06401443
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt058352
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt059552
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0117904
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.48770
IRS990ScheduleA/PublicSupportPY170Pct00.41180
IRS990ScheduleA/PublicSupportTotal170Amt06205920
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01933625
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01036797
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01304200
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01130976
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0800322
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt06205920
IRS990ScheduleA/TotalSupportAmt012725267
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0591548
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0557931
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01149479
IRS990ScheduleD/ExpensesSubtotalAmt01608935
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0347721
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0347721
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt025930
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0140399
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0166329
IRS990ScheduleD/RevenueSubtotalAmt03097036
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Corporation has qualified as a non-profit corporation and has been granted tax-exempt status pursuant to Internal Revenue Code Section 501 (C)(3) and California Revenue and Taxation Code Section 23701(D) and is exempt from federal and state of California income taxes.Generally Accepted Accounting Principles provides accounting and disclosure guidance about positions taken by an entity in its tax returns that might be uncertain.Management has considered its tax positions and believes that all of the positions taken in its federal and state exempt organization tax returns are more likely than not to be sustained upon examination. The corporation's returns are subject to examination by federal and state taxing authorities, generally for three years and four years, respectively, after they are filed.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0965199
IRS990ScheduleD/TotalExpensesPerForm990Amt01608935
IRS990ScheduleD/TotalRevenuePerForm990Amt03097036
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03097036
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01608935
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0145400
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt029276
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Debbie Raven
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0174676

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
$19,113,461
Liabilities
$12,604,918
Net assets
$6,508,543
Revenue
$3,097,036
Expenses
$1,608,935
Net income
$1,488,101
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$22.9$16.0$6.91$2.07$1.97$0.10
2024Detailed filing. Detailed filing data is available for this year.$23.4$16.6$6.81$2.15$1.85$0.30
2023Detailed filing. Detailed filing data is available for this year.$19.1$12.6$6.51$3.10$1.61$1.49
2022Detailed filing. Detailed filing data is available for this year.$20.0$15.0$5.02$2.28$1.56$0.72
2021Detailed filing. Detailed filing data is available for this year.$19.4$15.1$4.30$2.46$1.65$0.81
2020Detailed filing. Detailed filing data is available for this year.$18.4$14.9$3.49$2.68$1.85$0.83
2019Detailed filing. Detailed filing data is available for this year.$18.4$15.7$2.67$2.56$2.09$0.47
2018Detailed filing. Detailed filing data is available for this year.$18.6$16.4$2.19$1.87$1.72$0.14
2017Detailed filing. Detailed filing data is available for this year.$17.3$15.3$2.05$1.79$1.70$0.09
2016Detailed filing. Detailed filing data is available for this year.$15.9$13.9$1.96$1.89$1.78$0.11
2015Detailed filing. Detailed filing data is available for this year.$16.6$14.7$1.83$1.71$1.67$0.04
2014Detailed filing. Detailed filing data is available for this year.$20.5$13.5$6.98$1.64$1.74$0.10
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$20.9$13.8$7.07$1.98
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$23.5$16.1$7.38$2.08
2011Summary only. Only limited summary data is available for this year.$19.8$12.3$7.56$3.69$2.39$1.30
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.6$11.3$6.26$2.48