Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Apr 2020.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
100 cents of each dollar spent went to programs.
Form 990 Part IX, line 25. Every line is in By the numbers.
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Who runs it and what they're paid
5 people listed on the 990.
Sandhya Nakhasi’s $70K as Ed,president & Treasurer is at the 61st percentile of top reported officer pay among 2168 $100K–1M human services 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
| Name | FY2022 | FY2021 | FY2020 |
|---|---|---|---|
| Sandhya Nakhasi | $70,500 | $70,000 | $17,500 |
| Ryan Glasgo | $70,500 | $70,000 | $17,500 |
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.
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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
Empowering immigrants, refugees, and low-income communities with economic opportunities.
Questions for Community Credit Lab
Your first name shows with your question. Community Credit Lab answers here, for everyone.
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Design and management of affordable lending programs that seek to increase economic equality for communities facing discrimination.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2024 990, line by line.
Download 990
| Line | Start FY24 | End FY24 |
|---|---|---|
| Cash and savingsLn 1–2 | $4.7M | $5.3M |
| Total assetsLn 16 | $7.7M | $9.0M |
| LiabilitiesLn 26 | $2.4M | $2.8M |
| Net assetsLn 32 | $5.3M | $6.2M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Office expensesLn 13 | $3K | $3K | ||
| Other expenses (24a–d)Ln 24 | $433 | $433 | ||
| Total functional expensesLn 25 | $3K | $3K | $0 | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest Viewing | $887K | $3K | $884K | $6.2M | 990 PDF |
| FY2023 | $302K | $667K | −$365K | $5.3M | 990 PDF |
| FY2022 | $1.4M | $905K | $460K | $1.0M | 990 PDF |
| FY2021 | $538K | $312K | $226K | $545K | 990 PDF |
| FY2020 | $302K | $184K | $117K | $319K | 990 PDF |
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Schedules filed Part IV
See the full FY2024 990 (6 parts)
Part I · Summary $887,481 revenue, 12 lines filed
Part VI · Governance 0 of 5 board members independent, 1 to look at
Part VIII · Statement of revenue $887,481 across 5 lines filed
Part IX · Statement of functional expenses $3,395 across 2 lines filed
Part X · Balance sheet $8,960,354 assets, 11 lines filed
Part XI · Reconciliation of net assets $6,196,260 net assets at year end
Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File
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