Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
86 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
Who runs it and what they're paid
15 people listed on the 990; $288K paid to officers and key staff.
Compensation history total reportable pay by year · 1 named individual · Part VII
| Name | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|
| Keith Brice | $170,497 | $288,133 | $188,529 | $253,901 |
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
Helps small businesses get loans to grow and create local jobs.
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The corporations goal is to create jobs and stimulate economic development in kern county by offering the sba loan program to small business owners in kern county.
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By the numbers
The FY2022 990, line by line.
Download 990
| Line | Start FY22 | End FY22 |
|---|---|---|
| Cash and savingsLn 1–2 | $712K | $563K |
| Land, buildings, equipmentLn 10c | $371K | $356K |
| Total assetsLn 16 | $1.3M | $1.2M |
| LiabilitiesLn 26 | $529K | $372K |
| Net assetsLn 32 | $817K | $789K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of current officers, directors and key staffLn 5 | $288K | $232K | $56K | |
| Other salaries and wagesLn 7 | $221K | $199K | $21K | |
| Other employee benefitsLn 9 | $42K | $34K | $8K | |
| Payroll taxesLn 10 | $24K | $20K | $5K | |
| Legal feesLn 11b | $12K | $11K | $1K | |
| Accounting feesLn 11c | $42K | $38K | $4K | |
| Other fees for servicesLn 11g | $2K | $2K | ||
| Advertising and promotionLn 12 | $433 | $433 | ||
| Office expensesLn 13 | $20K | $18K | $2K | |
| Information technologyLn 14 | $26K | $23K | $3K | |
| TravelLn 17 | $299 | $299 | ||
| Conferences, conventions and meetingsLn 19 | $3K | $3K | ||
| Depreciation, depletion and amortizationLn 22 | $15K | $14K | $2K | |
| InsuranceLn 23 | $14K | $12K | $1K | |
| Other expenses (24a–d)Ln 24 | $56K | $51K | $5K | |
| All other expensesLn 24e | $46K | $38K | $8K | |
| Total functional expensesLn 25 | $813K | $697K | $116K | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest | $150K | $249K | −$99K | $0 | 990 PDF |
| FY2023 | $822K | $774K | $48K | $837K | 990 PDF |
| FY2022 Viewing | $777K | $813K | −$36K | $789K | 990 PDF |
| FY2021 | $507K | $673K | −$166K | $817K | 990 PDF |
| FY2020 | $694K | $806K | −$112K | $983K | 990 PDF |
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Schedules filed Part IV
See the full FY2022 990 (4 parts)
Part VIII · Statement of revenue $777,454 across 3 lines filed
Part IX · Statement of functional expenses $813,447 across 16 lines filed
Part X · Balance sheet $1,160,589 assets, 12 lines filed
Part XI · Reconciliation of net assets $788,637 net assets at year end
Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File
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