Form 990 for tax year 2024

1e · Government grants (contributions)

$2,535,930

1f · All other contributions, gifts and grants

$1,079,466

2a · Program service revenue: CAPITAL ACCESS PROGRAM

total $729,766 · related or exempt $729,766

2b · Program service revenue: WOMENS BUSINESS CENTER

total $3,248 · related or exempt $3,248

3 · Investment income

total $2,118 · excluded $2,118

2 · Grants to domestic individuals

total $94,276 · program services $94,276

5 · Compensation of officers, directors and key employees

total $413,811 · program services $336,012 · management and general $77,799

7 · Other salaries and wages

total $2,033,199 · program services $1,633,221 · management and general $399,978

8 · Pension plan contributions

total $90,125 · program services $55,053 · management and general $35,072

9 · Other employee benefits

total $130,365 · program services $95,652 · management and general $34,713

10 · Payroll taxes

total $188,251 · program services $153,364 · management and general $34,887

11b · Fees: legal

total $29,834 · program services $900 · management and general $28,934

11c · Fees: accounting

total $30,074 · management and general $30,074

11g · Fees: other

total $483,976 · program services $455,671 · management and general $28,305

12 · Advertising and promotion

total $4,713 · program services $3,870 · management and general $843

13 · Office expenses

total $84,604 · program services $38,773 · management and general $45,831

14 · Information technology

total $36,130 · program services $32,718 · management and general $3,412

16 · Occupancy

total $177,364 · program services $110,345 · management and general $67,019

17 · Travel

total $49,479 · program services $37,993 · management and general $11,486

19 · Conferences, conventions and meetings

total $25,896 · program services $18,692 · management and general $7,204

22 · Depreciation, depletion and amortization

total $7,197 · management and general $7,197

23 · Insurance

total $21,278 · program services $9,305 · management and general $11,973

24a · Other expenses: MISCELLANEOUS EXPENSE

total $68,545 · program services $19,333 · management and general $49,212

24b · Other expenses: DUES & FEES

total $25,798 · program services $19,638 · management and general $6,160

24c · Other expenses: INDIRECT EXPENSES

total $0 · program services $180,255 · management and general -$180,255

1 · Cash, non-interest-bearing

beginning of year $142,802 · end of year $257,778

2 · Savings and temporary cash investments

beginning of year $58,309 · end of year $111,204

3 · Pledges and grants receivable

beginning of year $1,052,993 · end of year $944,032

7 · Other notes and loans receivable

beginning of year $2,254,148 · end of year $2,813,213

9 · Prepaid expenses and deferred charges

beginning of year $41,642 · end of year $70,171

10a · Land, buildings and equipment: cost or other basis

$172,039

10b · Land, buildings and equipment: accumulated depreciation

$156,278

10c · Land, buildings and equipment, net

beginning of year $22,958 · end of year $15,761

15 · Other assets

beginning of year $679,476 · end of year $581,910

17 · Accounts payable and accrued expenses

beginning of year $236,853 · end of year $356,031

19 · Deferred revenue

beginning of year $298,045 · end of year $177,416

24 · Unsecured notes and loans payable

end of year $450,000

25 · Other liabilities

beginning of year $785,486 · end of year $713,917

27 · Net assets without donor restrictions

beginning of year $2,532,480 · end of year $2,446,552

28 · Net assets with donor restrictions

beginning of year $399,464 · end of year $650,153