Founders First Community Development Corporation Inc.
Founders First Community Development Corporation Inc.
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About this organization
Mission
Help underserved, under-represented small business owners overcome challenges they face due to lack of access to capital and to assist them in increasing business capacity resulting in higher revenue growth and providing more jobs.
About
Elevate My Business Challenge Program: Provide Small Business Expansion Training and Support Program for underserved, under-represented founders. Running micro small businesses with revenues of $50K to $250K. Conducted 4 Programs and served 212 companies. Each program conducted 4, 3-hour workshops and were presented to each group, support given to owners in the form of 1-on-1 coaching to help them with completing hands-on business improvement assignments and 1 graduation program conducted.
Interesting data from their 2020 990 filing
The purpose of the non-profit is outlined in the filing as “Help underserved, under-represented small business owners overcome challenges they face due to lack of access to capital and to assist them in increasing business capacity resulting in higher revenue growth and providing more jobs.”.
When discussing its operations, they were defined as: “Help underserved, under-represented small business owners overcome challenges they face due to lack of access to capital and to assist them in increasing business capacity resulting in higher revenue growth and providing more jobs.”.
- The state where the non-profit operates has been legally reported as CA.
- The filing indicates that the non-profit's address in 2020 is located at 11444 RAEDENE WAY, SAN DIEGO, CA, 92131.
- The non-profit has reported 0 employees on their form as of 2020.
- 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.
- Revenue is between $500,000 and $1,000,000+.
- Revenue less expenses is $504,099.
- The CEO compensation structure within the organization is not based on a review and approval from an impartial entity.
- The organization has 0 independent voting members.
- The organization was formed in 2005.
- The organization has a written policy that addresses conflicts of interest.
- The organization is required to file Schedule B.
- The organization is required to file Schedule O.
- The organization pays $0 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 business related organization transaction.
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