First Community Capital INC

Tax-deductible

Murrieta, CA501(c)(3)Since 2019EmploymentEIN 84-3804891

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First Community Capital, Inc. (FCCI) is a certified Community Development Financial Institution (CDFI) dedicated to expanding access to affordable capital and technical assistance for small businesses and individuals, with a focus on low- and moderate-income communities across Southern California.

501(c)(3) charity; gifts are tax-deductible.
76¢ of each $1 spent went to programs.
Run by 25 volunteers and 5 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
3 of 3
filings with a surplus
Average surplus $183K a year · 38% of revenue · last 3 filings
Looks good: a surplus in 3 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
76%
of spending
Looks good: 76% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$125K
to officers and key staff · 24% of spending
Top officer’s pay lower than 53% of similar orgs
Worth a look: pay to officers and key staff is 24% of spending; over 20%.
Pt VII · Sec A
Cash reserves
14 mo
of spending, in cash
Looks good: 14.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $80K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$1.1M
51% of total assets
Fine: liabilities are 51% of assets; 50% to 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
$1.1M
+124% vs prior year
Spent
$515K
To programs
76%
Net assets
$1.1M
By yearFY2020–FY2024
Revenue
$1.1M
FY2024▲ +124%
Revenue by fiscal year
FY2020$6K
FY2021$69K
FY2022$435K
FY2023$509K
FY2024$486K
FY2024$1.1M
Expenses
$515K
FY2024▲ +29%
Expenses by fiscal year
FY2020Not on file
FY2021Not on file
FY2022$232K
FY2023$250K
FY2024$399K
FY2024$515K
Net assets
$1.1M
FY2024▲ +95%
Net assets by fiscal year
FY2020−$33K
FY2021$5K
FY2022$210K
FY2023$469K
FY2024$557K
FY2024$1.1M

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 Feb 2020.

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

Where the money goes

76 cents of each dollar spent went to programs.

Program services 76% · $389K Management & general 20% · $100K Fundraising 5% · $25K

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; $125K paid to officers and key staff.

Part VII, Section A · reportable compensation
President & CEO
$124,800Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Chairman
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Tchaidor Jay Diallo’s $125K as President & CEO is at the 47th percentile of top reported officer pay among 1245 $1–10M employment 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

NameFY2024FY2024FY2023FY2022
Tchaidor Jay Diallo$124,800$114,400$163,634—
Tchaidor Jay Diallo———$122,434

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 15aYes

Programs and updates

Provides capital and support to disadvantaged small businesses, especially those owned by people of color.

Provided by the organization

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1 program service account for $389K of program spending, described in the organization's own filed words · FY2024.
01

Impact at a Glance (FY 2025) 140 Total Loans Deployed 462 Clients Supported Through Technical Assistance 86 Jobs Created or Retained 83% of clients are low-income, and 95% are considered low- to moderate-incomeExpanding Access to Capital FCCI provides responsible and flexible financing solutions, including microloans, small business…

$389Kprogram expense

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Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2024
See all 3 funders →

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$1.1M
Ln 12
Gifts and grantsLn 1h$963K
Fees for servicesLn 2g$125K
Investment incomeLn 3$2K
Money outPt IX
$515K
Ln 25
Programscol B$389K
Managementcol C$100K
Fundraisingcol D$25K
Owns and owesPt X
$1.1M
net assets · Ln 32
Cash and savingsLn 1–2$599K
Total assetsLn 16$2.2M
LiabilitiesLn 26$1.1M
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$963K
Government grantsLn 1e$786K
Fees for servicesLn 2g$125K
Investment incomeLn 3$2K
Gains on assetsLn 7$0
Total revenueLn 12$1.1M
Assets in detailPt X, end of year
CashLn 1$599K
SavingsLn 2$0
Cash and savings togetherLn 1–2$599K
InvestmentsLn 11–13$1.5M
Land, buildings, equipmentLn 10c$982
Other assetsLn 15$54K
Total assetsLn 16$2.2M
LiabilitiesLn 26$1.1M
Net assetsLn 32$1.1M
OperationsPt I, VI
EmployeesI 55
VolunteersI 625
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
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$628K$599K
InvestmentsLn 11–13$591K$1.5M
Land, buildings, equipmentLn 10c$2K$982
Total assetsLn 16$1.3M$2.2M
LiabilitiesLn 26$760K$1.1M
Net assetsLn 32$557K$1.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$4K$4K
Grants to domestic individualsLn 2$810$810
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$147K$118K$15K$15K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$82K$66K$8K$8K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$432$346$43$43
Payroll taxesLn 10$23K$18K$2K$2K
Management feesLn 11a$0
Legal feesLn 11b$21K$21K
Accounting feesLn 11c$18K$18K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$34K$34K
Advertising and promotionLn 12$997$997
Office expensesLn 13$10K$8K$1K
Information technologyLn 14$24K$24K
RoyaltiesLn 15$0
OccupancyLn 16$25K$25K
TravelLn 17$22K$22K
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$15K$15K
InterestLn 20$49K$49K
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$656$656
InsuranceLn 23$949$949
Other expenses (24a–d)Ln 24$37K$3K$33K
All other expensesLn 24e$397$65$332
Total functional expensesLn 25$515K$389K$100K$25K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $486K$399K$87K$557K 990 PDF
FY2023 $509K$250K$260K$469K 990 PDF
FY2022 $435K$232K$203K$210K 990 PDF
FY2021 $69K$5K 990 PDF
FY2020 $6K−$33K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (4 parts)
Part VIII · Statement of revenue $1,089,477 across 10 lines filed
VIII-1e Government grants$785,823
VIII-1f All other contributions, gifts and grants$177,350
VIII-1h Total contributions, gifts and grants$963,173
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $124,693$124,693
VIII-3 Investment incomeExcluded from tax $1,611$1,611
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $124,693 · Excluded from tax $1,611$1,089,477
Part IX · Statement of functional expenses $514,509 across 31 lines filed
IX-1 Grants to domestic organizationsPrograms $4,250$4,250
IX-2 Grants to domestic individualsPrograms $810$810
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffPrograms $117,788 · Management $14,724 · Fundraising $14,724$147,236
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $65,781 · Management $8,223 · Fundraising $8,222$82,226
IX-8 Pension plan contributions$0
IX-9 Other employee benefitsPrograms $346 · Management $43 · Fundraising $43$432
IX-10 Payroll taxesPrograms $18,143 · Management $2,268 · Fundraising $2,268$22,679
IX-11a Management fees$0
IX-11b Legal feesManagement $20,595$20,595
IX-11c Accounting feesManagement $17,625$17,625
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesPrograms $33,716$33,716
IX-12 Advertising and promotionPrograms $997$997
IX-13 Office expensesPrograms $8,255 · Management $1,458$9,713
IX-14 Information technologyPrograms $23,755$23,755
IX-15 Royalties$0
IX-16 OccupancyPrograms $25,138$25,138
IX-17 TravelPrograms $22,344$22,344
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetingsPrograms $15,324$15,324
IX-20 InterestPrograms $48,956$48,956
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationManagement $656$656
IX-23 InsuranceManagement $949$949
IX-24 Other expenses (24a–d)Programs $3,224 · Management $33,487$36,711
IX-24e All other expensesPrograms $65 · Management $332$397
IX-25 Total functional expensesPrograms $388,892 · Management $100,360 · Fundraising $25,257$514,509
Part X · Balance sheet $2,213,668 assets, 20 lines filed
X-1 Cash, non-interest-bearingStart of year $528,018$598,936
X-2 Savings and temporary cash investmentsStart of year $100,000$0
X-3 Pledges and grants receivableStart of year $92,888$30,000
X-4 Accounts receivableStart of year $1,208$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred charges$0
X-10c Land, buildings and equipment, netStart of year $1,638$982
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investmentsStart of year $590,524$1,529,655
X-14 Intangible assets$0
X-15 Other assetsStart of year $1,576$54,095
X-16 Total assetsStart of year $1,316,731$2,213,668
X-17 Accounts payable and accrued expensesStart of year $1,200$18,826
X-24 Unsecured notes and loans payableStart of year $759,018$861,882
X-26 Total liabilitiesStart of year $760,218$1,130,708
X-27 Net assets without donor restrictionsStart of year $535,456$1,006,407
X-28 Net assets with donor restrictionsStart of year $21,057$76,553
X-32 Total net assets or fund balancesStart of year $556,513$1,082,960
X-33 Total liabilities and net assetsStart of year $1,316,731$2,213,668
Part XI · Reconciliation of net assets $1,082,960 net assets at year end
XI-1 Total revenue$1,089,477
XI-2 Total expenses$514,509
XI-3 Revenue less expenses$574,968
XI-4 Net assets at start of year$556,513
XI-8 Prior period adjustments−$48,521
XI-10 Net assets at end of year$1,082,960

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

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