Form 990 for tax year 2025
Filed by CENTER FOR STRATEGIC ECONOMIC STUDIES AND INSTITUTIONAL DVLP INC.
Totals
- Total revenue
- $42,807,213
- Total expenses
- $41,128,875
- Contributions and grants received
- $38,587,730
- Grants paid
- $313,083
- Program service revenue
- $4,215,622
- Investment income
- $3,861
- Other revenue
- $0
- Total assets, end of year
- $5,382,822
- Total liabilities, end of year
- $1,863,744
- Net assets or fund balances, end of year
- $3,519,078
- Program services expenses (Part IX)
- $40,405,146
- Management and general expenses
- $560,113
- Fundraising expenses
- $163,616
- Program service expenses (Part III)
- $40,405,146
Program services were 98.2% 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)
$36,158,388
-
1f · All other contributions, gifts and grants
$2,429,342
-
2a · Program service revenue: Program Service Fees
total $4,215,622 · related or exempt $4,215,622
-
3 · Investment income
total $3,861 · excluded $3,861
-
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 $313,083 · program services $313,083
-
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 $609,162 · program services $310,750 · management and general $214,678 · fundraising $83,734
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $423,467 · program services $215,396 · management and general $149,949 · fundraising $58,122
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $22,866 · program services $13,720 · management and general $5,716 · fundraising $3,430
-
10 · Payroll taxes
total $35,335 · program services $21,201 · management and general $8,834 · fundraising $5,300
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
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 $36,045,649 · program services $35,993,604 · management and general $52,045
-
12 · Advertising and promotion
total $1,620 · program services $1,620
-
13 · Office expenses
total $4,823 · management and general $4,823
-
14 · Information technology
total $85,254 · management and general $85,254
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $32,064 · program services $25,651 · fundraising $6,413
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $33,087 · program services $26,470 · fundraising $6,617
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $19,934 · management and general $19,934
-
24a · Other expenses: LACHRG Program Expenses
total $2,468,798 · program services $2,468,798
-
24b · Other expenses: LAERRP Program Expenses
total $519,925 · program services $519,925
-
24c · Other expenses: LARR program expense
total $464,456 · program services $464,456
-
24d · Other expenses: Other Program Expenses
total $26,614 · program services $26,614
-
24e · All other expenses
total $22,738 · program services $3,858 · management and general $18,880
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $2,661,338 · end of year $4,160,416
-
2 · Savings and temporary cash investments
end of year $253,861
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
beginning of year $3,325,645 · end of year $959,948
-
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 $8,597
-
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
end of year $0
-
15 · Other assets
end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $4,091,714 · end of year $1,861,892
-
19 · Deferred revenue
beginning of year $121,049
-
25 · Other liabilities
beginning of year $2,761 · end of year $1,852
-
27 · Net assets without donor restrictions
beginning of year $1,546,459 · end of year $2,158,017
-
28 · Net assets with donor restrictions
beginning of year $225,000 · end of year $1,361,061
Mission and programs · 2025
Mission
THE CENTER BY LENDISTRY IS A NONPROFIT ORGANIZATION THAT SUPPORTS DIVERSE SMALL BUSINESSES THROUGH EDUCATION, TECHNICAL ASSISTANCE, AND ACCESS TO COMPETITIVE FINANCING. OUR MISSION IS TO CLOSE THE WEALTH GAP BY ANCHORING SMALL BUSINESSES AND THE COMMUNITIES WHERE THEY DO BUSINESS.
-
LA County Household Relief Grant- The Center administered the LA County Household Relief Grant program, delivering $31M+ in direct support to 3,425 households severely impacted by the wildfires and helping prevent displacement during an already uncertain period.
Expenses $33,962,798 · Grants $31,494,000 · Revenue $34,631,902
-
Los Angeles County Rent Relief Program- The Los Angeles County Department of Consumer and Business Affairs (DCBA) launched the LA County Rent Relief Program on December 12, 2023, dispersing financial relief to landlords throughout Los Angeles County adversely affected by the COVID-19 pandemic. Administered by The Center, the program's community partners delivered relief grants 4810 upon program close in 2025.
Expenses $4,373,465 · Grants $3,909,009 · Revenue $4,404,409
-
Small Business Accelerators- The Center provided 299 businesses with access to intensive accelerator services to support business growth, local job creation, and wealth building for communities. These accelerators focus on specific growth mechanisms including digital growth and online sales, government and supply chain contracting and procurement, scaling through brick and mortar, and other foundational business growth activities.
Expenses $569,989
-
LA Emergency Rent Relief Program- The Center by Lendistry is administering the County of LA's Emergency Rent Relief Program. The program is designed to assist landlords and displaced homeowners who have faced financial hardships due to emergencies. Applications launched in December 2025.
Expenses $519,925
-
Access to Capital Programs-The Center provided 84 small businesses with access to capital technical assistance and support including credit counseling, loan packaging, small grants and access to new credit facilities.
Expenses $321,581 · Grants $207,583
-
Climate Resilience Programs-In 2025 we advanced three programs under our Climate Resilience Strategy, focusing on empowering communities to adapt to environmental changes and seize economic opportunities supporting main street businesses, middle market businesses, and contractors.
Expenses $295,494 · Grants $29,500
-
SSBCI Capital readiness Program- TCbL was selected to be the technical assistance training partner for CalOSBAs SSBCI Technical Assistance Program. ?In 2025 launched the CA Reach Training Hub, Reach Training Series, and Capital Advisor Training Series.
Expenses $149,770 · Revenue $149,769
-
LA Home Rebuilding Initiative and Wildfire Recovery- The center launched a series of additional activities to support wildfire recovery including an educational website for homeowners focused on rebuilding and a collaborative financing initiative.
Expenses $133,499 · Revenue $1,295,000
-
Fiscal Sponsor- We act as a fiscal sponsor to Diverseforce.
Expenses $78,625 · Grants $76,000 · Revenue $52,500
As filed on the 2025 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Tunua Thrash-Ntuk
President & CEO
- Total calculated
- $361,463
- From this org
- $331,694
- From related orgs
- $0
- Other
- $29,769
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $290,331
- Bonus
- $41,363
- Other
- not reported
- Deferred
- $29,108
- Nontaxable benefits
- $661
- Filer's total
- $361,463
-
Miranda Rodriguez
Vice President
- Total calculated
- $247,698
- From this org
- $207,729
- From related orgs
- $0
- Other
- $39,969
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $183,859
- Bonus
- $23,870
- Other
- not reported
- Deferred
- $30,771
- Nontaxable benefits
- $9,198
- Filer's total
- $247,698
-
Marina Garcia
Sr Project Manager
- Total calculated
- $161,719
- From this org
- $134,957
- From related orgs
- $0
- Other
- $26,762
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $126,092
- Bonus
- $8,865
- Other
- not reported
- Deferred
- $11,369
- Nontaxable benefits
- $15,393
- Filer's total
- $161,719
-
Shafeeq Shamsid-Deen
Sr Program Manager
- Total calculated
- $131,824
- From this org
- $110,311
- From related orgs
- $0
- Other
- $21,513
- Hours/week
- 40
-
Stan Washington
Chair
- Total calculated
- $0
- Hours/week
- 5
-
Adey Tesafaye
Treasurer
- Total calculated
- $0
- Hours/week
- 5
-
McKell Beamon
Secretary
- Total calculated
- $0
- Hours/week
- 4
-
Warren Chambers
Board Member
- Total calculated
- $0
- Hours/week
- 3
-
Leeann Lynch
Board Member
- Total calculated
- $0
- Hours/week
- 5
-
P David Bramble
Board Member
- Total calculated
- $0
- Hours/week
- 3
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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Written employment contract
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
DiverseForce LLC
$76,000
Fiscal Sponsor/Event Sponsorships
Provenance
- Return type
- form_990
- Tax year
- 2025
- Filed
- 18 September 2026
- IRS schema version
- 2025v4.1
- Source object
- 202632619349301908
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