Totals
- Total revenue
- $125,689
- Total expenses
- $277,749
- Contributions and grants received
- $95,219
- Grants paid
- $0
- Program service revenue
- $21,773
- Investment income
- $8,697
- Other revenue
- $0
- Total assets, end of year
- $649,417
- Total liabilities, end of year
- $366,223
- Net assets or fund balances, end of year
- $283,194
- Program services expenses (Part IX)
- $255,770
- Management and general expenses
- $21,979
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $255,770
Program services were 92.1% 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.
-
1f · All other contributions, gifts and grants
$95,219
-
2a · Program service revenue: MICRO. LOAN INTEREST
total $21,773 · related or exempt $21,773
-
3 · Investment income
total $8,697 · excluded $8,697
Functional expenses
Part IX, the statement of functional expenses.
-
11a · Fees: management
total $30,000 · program services $28,500 · management and general $1,500
-
11b · Fees: legal
total $380 · program services $361 · management and general $19
-
11c · Fees: accounting
total $22,702 · program services $21,567 · management and general $1,135
-
11g · Fees: other
total $172,529 · program services $163,902 · management and general $8,627
-
13 · Office expenses
total $4,711 · program services $1,169 · management and general $3,542
-
16 · Occupancy
total $1,500 · program services $975 · management and general $525
-
17 · Travel
total $25,267 · program services $24,004 · management and general $1,263
-
20 · Interest
total $6,519 · program services $6,519
-
23 · Insurance
total $1,377 · management and general $1,377
-
24a · Other expenses: BAD DEBTS
total $8,003 · program services $8,003
-
24b · Other expenses: MISCELLANEOUS
total $1,929 · management and general $1,929
-
24c · Other expenses: BANK FEES
total $1,163 · management and general $1,163
-
24d · Other expenses: BUSINESS REGISTRATION F
total $899 · management and general $899
-
24e · All other expenses
total $770 · program services $770
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $174,679 · end of year $189,745
-
2 · Savings and temporary cash investments
beginning of year $369,214 · end of year $161,757
-
7 · Other notes and loans receivable
beginning of year $236,823 · end of year $296,945
-
9 · Prepaid expenses and deferred charges
beginning of year $502 · end of year $545
-
10a · Land, buildings and equipment: cost or other basis
$0
-
10b · Land, buildings and equipment: accumulated depreciation
$0
-
10c · Land, buildings and equipment, net
beginning of year $0 · end of year $0
-
15 · Other assets
beginning of year $425 · end of year $425
-
17 · Accounts payable and accrued expenses
beginning of year $898 · end of year $26,957
-
23 · Secured mortgages and notes payable
beginning of year $325,000 · end of year $325,000
-
25 · Other liabilities
beginning of year $20,491 · end of year $14,266
-
27 · Net assets without donor restrictions
beginning of year $253,226 · end of year -$14,460
-
28 · Net assets with donor restrictions
beginning of year $182,028 · end of year $297,654
Mission and programs · 2024
Mission
TO INVEST IN BUSINESSES THAT HAVE THE POTENTIAL TO CREATE NEW JOB OPPORTUNITIES IN WESTERN AND CENTRAL NEW YORK.
-
TO INVEST IN BUSINESSES THAT HAVE THE POTENTIAL TO CREATE NEW JOB OPPORTUNITIES IN WESTERN AND CENTRAL NEW YORK.
Expenses $255,770 · Revenue $21,773
As filed on the 2024 return.
Listed in Part VII
-
Brad RyeBRAD RYE
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Lindsay MohrLINDSAY MOHR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dennis M Deleo EsqDENNIS M DELEO ESQ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Steven Gersz EsqSTEVEN GERSZ ESQ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Michel InghamMICHEL INGHAM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Howard JacobsonHOWARD JACOBSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Heidi RomerHEIDI ROMER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Mohammed AhamedMOHAMMED AHAMED
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Truman TolefreeTRUMAN TOLEFREE
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
- 2024
- Filed
- 7 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202543219349305634
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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