Interesting data from their 2019 990 filing

The purpose of the non-profit is listed in the filing as “To provide funding for microbusinesses that are considered on the fringe of risk-bearing capacity for most traditional financial institutions.”.

When discussing its operations, they were characterized as: “To provide funding for microbusinesses that are considered on the fringe of risk-bearing capacity for most traditional financial institutions.”.

• The non-profit's legally reported state of operation is IA.
• The filing states that the non-profit's address in the year 2019 is PO BOX 793, BOONE, IA, 50036.
• The form submitted by the non-profit for 2019 shows a total of 9 employees.
• Does not operate a hospital.
• Does not operate a school.
• Does not collect art.
• Does not provide credit counseling.
• Does not have foreign activities.
• Is not a donor-advised fund.
• Is not a private foundation.
• Expenses are between $250,000 and $500,000.
• Revenue is between $100,000 and $250,000.
• Revenue less expenses is -$65,029.
• The remuneration plan for the CEO of the organization is based on a review and approval process by a neutral entity.
• The organization has a written policy that describes how long it will retain documents.
• The organization has 17 independent voting members.
• The organization was formed in 2008.
• The organization has a written policy that addresses conflicts of interest.
• The organization is required to file Schedule O.
• The organization pays $199,898 in salary, compensation, and benefits to its employees.
• The organization pays $0 in fundraising expenses.
• The organization provides Form 990 to its governing body.
• The organization has minutes of its meetings.
• The organization has a written whistleblower policy.
• The organization's financial statements were reviewed by an accountant.