Helps small businesses, builds affordable housing, and sponsors community events.
For fiscal year 2020 it reported $620K in revenue, $665K in expenses, and $-21K in net assets.Pt I
Where the money goes · FY2020
Total revenue
$620K
Pt VIII · Ln 12
Total expenses
$665K
Pt IX · Ln 25
Net assets
$-21K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$45K
Where spending went · Part IX cols B–D
100%
Program services $1.00
Program efficiency
100%
of spending reaches programs
Operating runway
2.1mo
months of highly liquid reserves at operating expense rate
Surplus margin
-7%
revenue over expenses, this year
Summary of the Filing
Part I · fiscal year 2020 · Form 990
Revenue
$620K
FY2020
$780K$390K$0
FY2020FY2024
Expenses
$665K
FY2020
$741K$370K$0
FY2020FY2024
Total assets
$116K
FY2020
$116K$58K$0
FY2020FY2024
Total liabilities
$137K
FY2020
$137K$69K$0
FY2020FY2024
Total revenue
$620K
Pt VIII · Ln 12
Total expenses
$665K
Pt IX · Ln 25
Net assets
$-21K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$45K
Total assetsPt X · Ln 16$116K
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 4pending
Mission & Programs · Part III
Where the work happens
3 program services account for $665K of program spending, described in the organization's own filed words · FY2020.
01
Host and sponsor community awareness events, Jail-Aint-No-Good Walk-A-Thon, Juneteenth Parade and Street Fair, Health Fairs and Community Health Walk. Sponsor a radio broadcast where incubator trainees can advertise for below market rates. Produce a free community awareness newspaper. Sponsor a summer camp program.
$263Kprogram expense
02
Provide small businesses technical assistance and an incubator housing program for start-up businesses to have a place to grow their business while receiving training. Training classes consist of how to write a business plan, marketing for today and the future, facebook, twitter and beyond, inventory sales and bookkeeping.
$236Kprogram expense
03
Provide and support low/moderate housing. Assist tenants with co-op conversion. Assist tenants with social economic needs. Sponsor community clean-up and green program. Operate a store-front entrepreneur incubator program which allows business owners to occupy store-front commercial space that would normally be out of their financial…
Izak-El M Pasha’s $36K as Executive Director
is at the 19th percentile of top reported officer pay among 1710 $100K–1M 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 · 1 named individual · Part VII
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.
Individual Izak-El M Pasha · Reported title Executive Director · Highest reported compensation $44K · Total expenses $665K
7%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $158K · Total expenses $665K
24%
Peer comparison
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
Metric
This org
Peer median
Percentile
Program ratio
100%
—
—
Overhead ratio
0%
—
—
Fundraising cost ratio
0%
—
—
Investment management fee ratio
0%
—
—
Legal fee ratio
1%
—
—
Accounting fee ratio
0%
—
—
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
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Sources
Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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