Totals
- Total revenue
- $2,347,697
- Total expenses
- $912,991
- Contributions and grants received
- $2,159,580
- Grants paid
- $0
- Program service revenue
- $150,542
- Investment income
- $37,575
- Other revenue
- $0
- Total assets, end of year
- $5,579,406
- Total liabilities, end of year
- $109,629
- Net assets or fund balances, end of year
- $5,469,777
- Program services expenses (Part IX)
- $829,160
- Management and general expenses
- $75,447
- Fundraising expenses
- $8,384
- Program service expenses (Part III)
- $829,160
Program services were 90.8% 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.
-
1f · All other contributions, gifts and grants
$2,159,580
-
2a · Program service revenue: Interest on Loans made to program participants
total $150,542 · related or exempt $150,542
-
3 · Investment income
total $37,575 · related or exempt $37,575
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 $74,678 · program services $74,678
-
5 · Compensation of officers, directors and key employees
total $197,776 · program services $147,918 · management and general $44,872 · fundraising $4,986
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $300,806 · program services $300,806
-
8 · Pension plan contributions
total $24,880 · program services $23,384 · management and general $1,346 · fundraising $150
-
9 · Other employee benefits
total $97,678 · program services $86,918 · management and general $9,684 · fundraising $1,076
-
10 · Payroll taxes
total $38,142 · program services $34,328 · management and general $3,433 · fundraising $381
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $0
-
11d · Fees: lobbying
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $41,321 · program services $37,189 · management and general $3,719 · fundraising $413
-
12 · Advertising and promotion
total $360 · program services $324 · management and general $32 · fundraising $4
-
13 · Office expenses
total $12,833 · program services $11,550 · management and general $1,155 · fundraising $128
-
14 · Information technology
total $57,147 · program services $51,433 · management and general $5,143 · fundraising $571
-
15 · Royalties
total $0
-
16 · Occupancy
total $46,575 · program services $41,918 · management and general $4,191 · fundraising $466
-
17 · Travel
total $0
-
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 $0
-
23 · Insurance
total $7,866 · program services $7,079 · management and general $708 · fundraising $79
-
24a · Other expenses: Miscellaneous
total $4,696 · program services $4,226 · management and general $423 · fundraising $47
-
24b · Other expenses: Bank Fees
total $8,233 · program services $7,409 · management and general $741 · fundraising $83
-
24e · All other expenses
total $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $2,043,668 · end of year $2,775,150
-
15 · Other assets
beginning of year $1,991,403 · end of year $2,804,256
-
19 · Deferred revenue
end of year $109,629
-
27 · Net assets without donor restrictions
beginning of year $3,804,349 · end of year $5,027,287
-
28 · Net assets with donor restrictions
beginning of year $230,722 · end of year $442,490
Mission and programs · 2023
Mission
The mission is to give people a path to financial stability and improved financial health by offering financial education and low-cost loans with favorable terms to residents and small businesses in Omaha, who otherwise would have difficulty accessing loans from traditional lenders.
Activities or mission (Part I)
To give people a path to financial stability and improved financial health by financial education and low-cost loans to residents small businesses in Omaha who wouldnt be able to obtain loans from traditional lenders.
-
Give people a path to financial stability and improved financial health by offering low-cost loans with longer repayment terms to residents and small businesses in Omaha, who have difficulty in accessing loans from traditional lenders. This is accomplished by providing financial coaching and helping people transition away from payday and other predatory lenders with the ultimate goal being to help people achieve long-term financial health.
Expenses $829,160 · Grants $74,678 · Revenue $2,347,697
As filed on the 2023 return.
Listed in Part VII
-
Daniel Padilla
Executive Director
- Total calculated
- $148,529
- From this org
- $146,227
- From related orgs
- $0
- Other
- $2,302
- Hours/week
- 50
-
Rhonda Byers
Director of Finance
- Total calculated
- $52,195
- From this org
- $51,548
- From related orgs
- $0
- Other
- $647
- Hours/week
- 40
-
Madeline Moyer
Board Chair
- Total calculated
- $0
- Hours/week
- 2
-
Sarah Podany
Board Secretary
- Total calculated
- $0
- Hours/week
- 2
-
OJ Spooner
Board Treasurer
- Total calculated
- $0
- Hours/week
- 2
-
John Bourne
Director
- Total calculated
- $0
- Hours/week
- 1
-
Jason Hagan
Director
- Total calculated
- $0
- Hours/week
- 1
-
Johnny Nesbit
Director
- Total calculated
- $0
- Hours/week
- 1
-
Robia Qasimyar
Director
- Total calculated
- $0
- Hours/week
- 1
-
Aisha Conner
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
- 2023
- Filed
- 12 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202443179349304859
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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