Native Community capital's mission is to provide technical assistance and financial Capital in the form of loans to Native americans for the purpose of advancing tribal self-determination by working as a lender and as an honest broker for unlocking Capital resources necessary to build tribal economies.

501(c)(3) charity; gifts are tax-deductible.
77¢ of each $1 spent went to programs.
Run by 6 volunteers and 25 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 4
filings with a surplus
Average surplus $459K a year · 16% of revenue · last 4 filings
Worth a look: a surplus in 2 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
77%
of spending
Looks good: 77% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$126K
to officers and key staff · 3% of spending
Looks good: pay to officers and key staff is 3% of spending; 15% or less.
Pt VII · Sec A
40 mo
of spending, in cash
Looks good: 40.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $1.1M
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$15.7M
71% of total assets
Worth a look: liabilities are 71% of assets; over 65%.
Pt X · Ln 26
Independent board members
6
of 6 voting members
Looks good: 6 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$4.0M
+146% vs prior year
Spent
$4.6M
To programs
77%
Net assets
$6.3M
By yearFY2021–FY2024
Revenue
$4.0M
FY2024▲ +146%
Tap a bar for its year
Revenue by fiscal year
FY2021$4.2M
FY2022$1.6M
FY2023$1.6M
FY2024$4.0M
Expenses
$4.6M
FY2024▲ +100%
Tap a bar for its year
Expenses by fiscal year
FY2021$1.1M
FY2022$1.6M
FY2023$2.3M
FY2024$4.6M
Net assets
$6.3M
FY2024▲ +12%
Tap a bar for its year
Net assets by fiscal year
FY2021$7.8M
FY2022$7.8M
FY2023$5.6M
FY2024$6.3M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Apr 2011.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

77 cents of each dollar spent went to programs.

Program services 77% · $3.6M Management & general 23% · $1.1M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

7 people listed on the 990; $126K paid to officers and key staff.

Part VII, Section A · reportable compensation
$126,185Pt VII · Sec A
Vice-Chairma
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Chairman
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

David Castillo’s $126K as CEO is at the 34th percentile of top reported officer pay among 2832 $1–10M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021
David Castillo$126,185$168,750$90,000$90,000
Todd Francis———$90,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Native Community Capital executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Provides loans and expert help to Native Americans to build tribal economies and achieve self-determination.

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Provided by the organization

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1 program · $3.6M · in their own filed words · FY2024
01

Native community capital provided technical assistance and financial capital in the form of loans to native americans for the purpose of advancing tribal self-determination.

$3.6Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 2 funders$1.1M
Grants paid · 6 grants · $1.8M · 2023–2024
Unitemized GrantFY2024$1,558,147
Pueblo of Jemez Housing AuthorityFY2023$50,000
Laguna Housing DevelopmentFY2023$50,000
San Ildefonso Housing AuthorityFY2023$50,000
Zuni Housing AuthorityFY2023$20,000

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$4.0M
Ln 12
Gifts and grantsLn 1h$3.5M
Fees for servicesLn 2g$266K
Investment incomeLn 3$129K
Money outPt IX
$4.6M
Ln 25
Programscol B$3.6M
Managementcol C$1.1M
Owns and owesPt X
$6.3M
net assets · Ln 32
Cash and savingsLn 1–2$15.5M
Total assetsLn 16$22.0M
LiabilitiesLn 26$15.7M
PeoplePt VI, VII
7
listed · VII A
PaidVII A1
Voting boardVI 1a6
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$3.5M
Government grantsLn 1e$2.6M
Fees for servicesLn 2g$266K
Investment incomeLn 3$129K
Other incomeLn 4–11$123K
Total revenueLn 12$4.0M
Assets in detailPt X, end of year
CashLn 1$15.4M
SavingsLn 2$58K
Cash and savings togetherLn 1–2$15.5M
InvestmentsLn 11–13$792K
Land, buildings, equipmentLn 10c$3K
Total assetsLn 16$22.0M
LiabilitiesLn 26$15.7M
Net assetsLn 32$6.3M
OperationsPt I, VI
EmployeesI 525
VolunteersI 66
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$17.0M$15.5M
InvestmentsLn 11–13$726K$792K
Land, buildings, equipmentLn 10c$14K$3K
Total assetsLn 16$25.1M$22.0M
LiabilitiesLn 26$19.4M$15.7M
Net assetsLn 32$5.6M$6.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$95K$95K
Grants to domestic individualsLn 2$1.6M$1.6M
Pay of current officers, directors and key staffLn 5$137K$78K$59K
Other salaries and wagesLn 7$1.0M$586K$442K
Other employee benefitsLn 9$52K$30K$22K
Payroll taxesLn 10$101K$57K$43K
Legal feesLn 11b$22K$22K
Accounting feesLn 11c$354K$354K
Other fees for servicesLn 11g$485K$485K
Advertising and promotionLn 12$15K$15K
Office expensesLn 13$274K$225K$49K
OccupancyLn 16$35K$8K$27K
TravelLn 17$97K$70K$27K
InterestLn 20$55K$55K
Other expenses (24a–d)Ln 24$307K$280K$27K
Total functional expensesLn 25$4.6M$3.6M$1.1M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $4.0M$4.6M−$574K$6.3M 990 PDF
FY2023 $1.6M$2.3M−$671K$5.6M 990 PDF
FY2022 $1.6M$1.6M$48K$7.8M 990 PDF
FY2021 $4.2M$1.1M$3.0M$7.8M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $4,041,100 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,337,478$3,524,109
I-9 Program service revenuePrior year $297,303$265,501
I-10 Investment income$128,653
I-11 Other revenuePrior year $5,003$122,837
I-12 Total revenuePrior year $1,639,784$4,041,100
I-13 Grants and similar amounts paidPrior year $170,000$1,653,193
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $772,178$1,317,696
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $1,368,587$1,643,823
I-18 Total expensesPrior year $2,310,765$4,614,712
I-19 Revenue less expensesPrior year −$670,981−$573,612
Part VI · Governance 6 of 6 board members independent, 4 to look at
VI-1a Voting members of the governing body6
VI-1b Independent voting members6
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $4,041,100 across 7 lines filed
VIII-1e Government grants$2,636,609
VIII-1f All other contributions, gifts and grants$887,500
VIII-1h Total contributions, gifts and grants$3,524,109
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $265,501$265,501
VIII-3 Investment incomeRelated to mission $128,653$128,653
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $122,837$122,837
VIII-12 Total revenueRelated to mission $516,991$4,041,100
Part IX · Statement of functional expenses $4,614,712 across 15 lines filed
IX-1 Grants to domestic organizationsPrograms $95,046$95,046
IX-2 Grants to domestic individualsPrograms $1,558,147$1,558,147
IX-5 Pay of current officers, directors and key staffPrograms $78,256 · Management $59,035$137,291
IX-7 Other salaries and wagesPrograms $585,781 · Management $441,905$1,027,686
IX-9 Other employee benefitsPrograms $29,559 · Management $22,299$51,858
IX-10 Payroll taxesPrograms $57,491 · Management $43,370$100,861
IX-11b Legal feesPrograms $22,132$22,132
IX-11c Accounting feesManagement $353,595$353,595
IX-11g Other fees for servicesPrograms $484,594$484,594
IX-12 Advertising and promotionPrograms $15,445$15,445
IX-13 Office expensesPrograms $224,892 · Management $49,367$274,259
IX-16 OccupancyPrograms $7,990 · Management $27,166$35,156
IX-17 TravelPrograms $69,764 · Management $27,130$96,894
IX-20 InterestPrograms $55,159$55,159
IX-24 Other expenses (24a–d)Programs $279,787 · Management $26,802$306,589
IX-25 Total functional expensesPrograms $3,564,043 · Management $1,050,669 · Fundraising $0$4,614,712
Part X · Balance sheet $22,012,039 assets, 16 lines filed
Asset lines not itemized here account for $5,632,620; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $16,941,901$15,416,060
X-2 Savings and temporary cash investmentsStart of year $58,496$58,496
X-3 Pledges and grants receivable$78,091
X-4 Accounts receivableStart of year $83,154$15,814
X-9 Prepaid expenses and deferred chargesStart of year $5,683$15,347
X-10c Land, buildings and equipment, netStart of year $13,820$3,135
X-11 Publicly traded securitiesStart of year $726,224$792,476
X-16 Total assetsStart of year $25,069,515$22,012,039
X-17 Accounts payable and accrued expensesStart of year $385,014$417,542
X-19 Deferred revenueStart of year $12,942,839$9,443,785
X-24 Unsecured notes and loans payableStart of year $5,723,851$5,485,052
X-26 Total liabilitiesStart of year $19,436,704$15,731,379
X-27 Net assets without donor restrictionsStart of year $4,245,737$4,893,586
X-28 Net assets with donor restrictionsStart of year $1,387,074$1,387,074
X-32 Total net assets or fund balancesStart of year $5,632,811$6,280,660
X-33 Total liabilities and net assetsStart of year $25,069,515$22,012,039
Part XI · Reconciliation of net assets $6,280,660 net assets at year end
XI-1 Total revenue$4,041,100
XI-2 Total expenses$4,614,712
XI-3 Revenue less expenses−$573,612
XI-4 Net assets at start of year$5,632,811
XI-8 Prior period adjustments$1,221,461
XI-10 Net assets at end of year$6,280,660

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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