Civic Intelligence

Telacu Community Capital

EIN 95-4738172 • 501(c)3 • Los Angeles, CA

Profile

Community based lending program in economic development areas

5400 East Olympic Boulevard 300Los Angeles, CA 90022-5187

n/A

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2021

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

2nd percentile

-1828%

Higher net margin than 2% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

10th percentile

-100%

Faster asset growth than 10% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

36th percentile

-17%

Faster revenue growth than 36% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Down

$0

Down $2,431,265 (-100%) from 2020

Liabilities

Down

$0

Down $754,310 (-100%) from 2020

Net Assets

Down

$0

Down $1,676,955 (-100%) from 2020

Revenue

Down

$22,254

Down $4,643 (-17%) from 2020

Expenses

Up

$429,070

Up $401,544 (+1459%) from 2020

Net Income

Down

-$406,816

Down $406,187 (-64577%) from 2020

Trend Graphs

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2010: $8,042,065Liabilities 2010: $2,273,503Net Assets 2010: $5,768,5622010Assets 2011: $8,118,282Liabilities 2011: $2,235,597Net Assets 2011: $5,882,6852011Assets 2012: $8,550,885Liabilities 2012: $2,576,484Net Assets 2012: $5,974,4012012Assets 2013: $9,219,743Liabilities 2013: $3,176,163Net Assets 2013: $6,043,5802013Assets 2014: $10,256,230Liabilities 2014: $2,379,399Net Assets 2014: $7,876,8312014Assets 2015: $9,150,466Liabilities 2015: $1,108,043Net Assets 2015: $8,042,4232015Assets 2016: $8,729,499Liabilities 2016: $671,540Net Assets 2016: $8,057,9592016Assets 2017: $8,073,830Liabilities 2017: $6,618Net Assets 2017: $8,067,2122017Assets 2018: $8,854,292Liabilities 2018: $745,199Net Assets 2018: $8,109,0932018Assets 2019: $2,421,258Liabilities 2019: $743,674Net Assets 2019: $1,677,5842019Assets 2020: $2,431,265Liabilities 2020: $754,310Net Assets 2020: $1,676,9552020Assets 2021: $0Liabilities 2021: $0Net Assets 2021: $02021

Highlighted filing

2021

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2010: $452,651Expenses 2010: $331,319Net Income 2010: $121,3322010Revenue 2011: $533,840Expenses 2011: $419,716Net Income 2011: $114,1242011Revenue 2012: $537,103Expenses 2012: $445,387Net Income 2012: $91,7162012Revenue 2013: $481,738Expenses 2013: $412,559Net Income 2013: $69,1792013Revenue 2014: $2,252,242Expenses 2014: $418,991Net Income 2014: $1,833,2512014Revenue 2015: $540,622Expenses 2015: $375,030Net Income 2015: $165,5922015Revenue 2016: $243,866Expenses 2016: $228,330Net Income 2016: $15,5362016Revenue 2017: $224,476Expenses 2017: $215,223Net Income 2017: $9,2532017Revenue 2018: $163,690Expenses 2018: $121,809Net Income 2018: $41,8812018Revenue 2019: $141,629Expenses 2019: $91,323Net Income 2019: $50,3062019Revenue 2020: $26,897Expenses 2020: $27,526Net Income 2020: -$6292020Revenue 2021: $22,254Expenses 2021: $429,070Net Income 2021: -$406,8162021

Highlighted filing

2021

Revenue$22,254
Expenses$429,070
Net Income-$406,816

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 11, 2022
Return Version
2021v4.2
Gross Receipts
$22,254
Mission and Program Overview

Mission

Community based lending program in economic development areas.

Program Services

DescriptionGrantsExpenses
SMALL BUSINESS LOAN FUND - PRIVATELY AND FEDERALLY FUNDED PROGRAMS THAT PROVIDE LOANS AND TECHNICAL ASSISTANCE TO SMALL BUSINESS LOCATED IN LOW TO MODERATE INCOME AREAS OF LOS ANGELES AND ORANGE COUNTRIES.$0$380,666
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MICHAEL D LIZARRAGACFO/Secretary/Director-$0--
JOSE VILLALOBOSPresident/Director-$0--
Filing and Contact Details

Filer

Filer Name
Telacu Community Capital
EIN
95-4738172
Phone
3237211655
Address
5400 EAST OLYMPIC BOULEVARD 300, LOS ANGELES, CA 90022-5187

Signing Officer

Name
Jose Villalobos
Title
President
Phone
3237211655
Signed
2022-11-11
Discuss with paid preparer
Yes

Preparer

Firm
Hedman Partners Llp
Address
27441 TOURNEY ROAD SUITE 200, VALENCIA, CA 91355
Preparer
Tami M Stoffel
Phone
6612876333
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

Description: interest income. Amount: 529.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: provision for loan losses. Amount: 376,956. Description: office equipment. Amount: 391. Description: insurance. Amount: 1,777. Description: permits and license. Amount: 250. Description: administrative expense. Amount: 1,512. Total to form 990-ez, line 16: 380,886.

Form 990-ez, Part I, Line 20 - Other Changes in Net Assets

Description: transfer of net assets. Amount: -1,270,139.

Form 990-ez, Part II, Line 24 - Other Assets

Description: notes and loans receivable, net. Beg. Of year amount: 465,072. End of year amount: 0. Description: prepaid expenses. Beg. Of year amount: 2,787. End of year amount: 0.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: accounts payable. Beg. Of year amount: 13,310. End of year amount: 0. Description: intercompany note payable. Beg. Of year amount: 741,000. End of year amount: 0.

Raw XML Appendix203 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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IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt0THE EAST LOS ANGELES COMMUNITY UNION
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IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt0EXPLANATION OF INVOLVEMENT: MICHAEL LIZARRAGA-PRESIDENT, CEO, DIRECTOR OF THE EAST LOS ANGELES COMMUNITY UNIONJOSE VILLALOBOS-SR VICE PRESIDENT OF THE EAST LOS ANGELES COMMUNITY UNION
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST INCOME. AMOUNT: 529.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: PROVISION FOR LOAN LOSSES. AMOUNT: 376,956. DESCRIPTION: OFFICE EQUIPMENT. AMOUNT: 391. DESCRIPTION: INSURANCE. AMOUNT: 1,777. DESCRIPTION: PERMITS AND LICENSE. AMOUNT: 250. DESCRIPTION: ADMINISTRATIVE EXPENSE. AMOUNT: 1,512. TOTAL TO FORM 990-EZ, LINE 16: 380,886.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: NOTES AND LOANS RECEIVABLE, NET. BEG. OF YEAR AMOUNT: 465,072. END OF YEAR AMOUNT: 0. DESCRIPTION: PREPAID EXPENSES. BEG. OF YEAR AMOUNT: 2,787. END OF YEAR AMOUNT: 0.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
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ReturnHeader/ReturnTs02022-11-14T11:57:30-06:00
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ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0VILLALOBOS
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Peer Organizations

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