Totals
- Total revenue
- $234,469
- Total expenses
- $181,146
- Contributions and grants received
- $221,786
- Grants paid
- $0
- Program service revenue
- $12,683
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $467,870
- Total liabilities, end of year
- $3,186
- Net assets or fund balances, end of year
- $464,684
- Program services expenses (Part IX)
- $106,538
- Management and general expenses
- $74,608
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $106,538
Program services were 58.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$123,500
-
1f · All other contributions, gifts and grants
$98,286
-
2a · Program service revenue: LOAN INTEREST
total $12,683 · related or exempt $12,683
-
3 · Investment income
total $0
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $56,990 · program services $28,495 · management and general $28,495
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $35,568 · program services $17,784 · management and general $17,784
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $4,072 · program services $2,036 · management and general $2,036
-
10 · Payroll taxes
total $4,498 · program services $2,249 · management and general $2,249
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $9,574 · program services $4,787 · management and general $4,787
-
11c · Fees: accounting
total $0
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $3,902 · program services $1,951 · management and general $1,951
-
13 · Office expenses
total $0
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $3,908 · program services $1,954 · management and general $1,954
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $669 · management and general $669
-
23 · Insurance
total $8,194 · program services $4,097 · management and general $4,097
-
24a · Other expenses: PROVISION FOR LOAN LOSS
total $19,536 · program services $19,536
-
24b · Other expenses: DUES & SUBSCRIPTIONS
total $7,386 · program services $3,693 · management and general $3,693
-
24c · Other expenses: BAD DEBTS
total $7,158 · program services $7,158
-
24d · Other expenses: SYSTEM DEVELOPMENT EXPENSE
total $4,500 · program services $2,250 · management and general $2,250
-
24e · All other expenses
total $15,191 · program services $10,548 · management and general $4,643
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $354,282 · end of year $400,095
-
2 · Savings and temporary cash investments
end of year $0
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
end of year $0
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
end of year $0
-
10c · Land, buildings and equipment, net
end of year $0
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
beginning of year $1,282 · end of year $613
-
15 · Other assets
beginning of year $190,410 · end of year $67,162
-
17 · Accounts payable and accrued expenses
beginning of year $915 · end of year $1,032
-
19 · Deferred revenue
beginning of year $124,481
-
25 · Other liabilities
beginning of year $9,217 · end of year $2,154
-
31 · Retained earnings, endowment or other funds
beginning of year $411,361 · end of year $464,684
Mission and programs · 2022
Mission
TO PROVIDE RELIEF TO THE POOR, DISTRESSED AND UNDERPRIVILEGED, SPECIFICALLY THROUGH PROGRAMS OF FINANCIAL ASSISTANCE IN THE FORM OF AFFORDABLE FINANCIAL PRODUCTS AND SERVICES AS WELL AS FINANCIAL EDUCATION AND COACHING SERVICES FOR LOW INCOME INDIVIDUALS AND FAMILIES.
-
PROVIDED FINANCIAL ASSISTANCE TO LOW-INCOME INDIVIDUALS THROUGH NEW & REFINANCED CONSUMER LOANS OFFERING LOWER INTEREST RATES AND LONGER PAYOFF. WE OFFER FREE INCOME TAX FILING AS WELL AS COACHING FOR BETTER BUDGETING OF PERSONAL FINANCES.
Expenses $106,538
As filed on the 2022 return.
Listed in Part VII
-
Augustine HoschAUGUSTINE HOSCH
EXECUTIVE DIRECTOR
- Total calculated
- $56,990
- From this org
- $56,990
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Jeannine ClementsJEANNINE CLEMENTS
VICE-CHAIR
- Total calculated
- $0
- Hours/week
- 3
-
Barry RollinsBARRY ROLLINS
Director
- Total calculated
- $0
- Hours/week
- 2
-
Nicolette HamiltonNICOLETTE HAMILTON
Director
- Total calculated
- $0
- Hours/week
- 1
-
Augustine HoschAUGUSTINE HOSCH
Executive Dir.
- Total calculated
- $0
- Hours/week
- 0
-
John SolomonJOHN SOLOMON
Treasurer
- Total calculated
- $0
- Hours/week
- 3
-
William TitusWILLIAM TITUS
President
- Total calculated
- $0
- Hours/week
- 3
-
Jerry AdamsJERRY ADAMS
Director
- Total calculated
- $0
- Hours/week
- 1
-
Nicholas BabsonNICHOLAS BABSON
Director
- Total calculated
- $0
- Hours/week
- 1
-
Jay FisherJAY FISHER
Director
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 31 August 2023
- IRS schema version
- 2022v5.0
- Source object
- 202342439349300109
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.