2024-07-11T18:44:46-04:00 2023-12-31 462108854 KENDALL PREBOLA AND JONES LLC PO BOX 259 BEDFORD PA 155220259 990 2023-01-01 824272195 CBA FUND CBAF 2027309390 1701 K STREET NW STE 1000 WASHINGTON DC 20006 DARA DUGUAY EXECUTIVE DIRECTOR 2027309390 2024-07-01 true DARA DUGUAY XXX-XX-XXXX false ROBERT F PREBOLA CPA P00575666 8146231880 2024-07-01 X 2023 2023-04-26 12:10:37Z DARA DUGUAY 1701 K STREET NW STE 1000 WASHINGTON DC 20006 1327110 false X WWW.CREDITBUILDERSALLIANCE.ORG X 2018 DC CBA FUND'S MISSION IS TO EXPAND THE CAPACITY OF NONPROFITS THAT PROVIDE SAFE AND AFFORDABLE SMALL DOLLAR CONSUMER LOANS AND CREDIT BUILDING PRODUCTS TO LOW AND MODERATE INCOME INDIVIDUALS. 14 14 0 15 0 1286240 1167305 35490 45780 8378 114025 13282 0 1343390 1327110 434786 183700 0 389973 458969 0 0 121846 189459 946605 832128 396785 494982 3861353 5941701 438004 2023370 3423349 3918331 X CBA FUND IS A NONPROFIT CORPORATION ESTABLISHED UNDER THE LAWS OF THE DISTRICT OF COLUMBIA, FORMED AND OPERATED FOR THE PURPOSE OF EXPANDING THE CAPICITY OF NONPROFITS THAT PROVIDE SAFE AND AFFORDABLE SMALL DOLLAR CONSUMER LOANS AND CREDIT BUILDING PRODUCTS TO LOW AND MODERATE INCOME INDIVIDUALS. false false 722339 183700 45780 CBA FUND PROVIDES LOAN CAPITAL AND SMALL OPERATING GRANTS FOR NONPROFITS INTERESTED IN ADDING A NEW CONSUMER LOAN TO THEIR PORTFOLIO OR EXPANDING/IMPROVING AN EXISTING CONSUMER LOAN. 722339 true true false false false false false false false false true false false false true true false true false false false false false false false false false true false true false false false false false false false false false false false false false true false false false true 3 0 0 false false false false false false false false X 14 14 false false false false false false true true true false false true true true true true true false false false X DARA DUGUAY 2027309390 1701 K STREET NW STE 1000 WASHINGTON DC 20006 JACK BRUMMEL CHAIR 2.00 X X 0 0 0 DWAYNE KEYS VICE CHAIR 2.00 X X 0 0 0 KEVIN FRYATT TREASURER 2.00 X X 0 0 0 JEANNE HOGARTH SECRETARY 2.00 X X 0 0 0 DONOVAN DUNCAN DIRECTOR 2.00 X 0 0 0 ANDREW POSNER DIRECTOR 2.00 X 0 0 0 YANKI TSHERING DIRECTOR 2.00 X 0 0 0 MORGAN SPEARS DIRECTOR 2.00 X 0 0 0 VALECIA QUINN DIRECTOR 2.00 X 0 0 0 CINDY LOGSDON DIRECTOR 2.00 X 0 0 0 SHAWNA COLLIER DIRECTOR 2.00 X 0 0 0 GIOVANNA PIOVANETTI DIRECTOR 2.00 X 0 0 0 HOLLY FRINDELL DIRECTOR 2.00 X 0 0 0 CHUCK JONES - OUTGOING DIRECTOR 2.00 X 0 0 0 ISIS SALMERON - INCOMING DIRECTOR 2.00 X 0 0 0 DARA DUGUAY EXECUTIVE DI 12.00 28.00 X 0 197148 20851 JULIA GAZIZOVA CFO 12.00 28.00 X 0 139615 14539 336763 35390 false true false 1167305 1167305 PROGRAM LOAN ORIG FEES & INT 900099 45780 45780 45780 114025 114025 1327110 45780 114025 183700 183700 109096 109096 283678 283678 4054 4054 29760 29760 32381 32381 17598 10292 7306 24911 9911 15000 14625 14625 11744 10194 1550 37812 34648 3164 5089 5089 2550 2550 11000 11000 BAD DEBT EXPENSE 63010 63010 LICENSES AND FEES 1120 1120 832128 722339 109789 0 345548 127384 2012847 3181316 85000 8640 29042 1393992 2591185 7888 7887 12750 7863 7438 4887 3861353 5941701 96 40314 608575 350762 1325000 87146 49481 438004 2023370 X 2599739 2674795 823610 1243536 3423349 3918331 3861353 5941701 494982 X false true X true false X 207551 1885517 2644212 1286240 1167305 7190825 207551 1885517 2644212 1286240 1167305 7190825 4491024 2699801 348 570 235 8378 114025 123556 7314381 126269 0.36910 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 12750 7863 4887 4887 DUE TO RELATED ORGANIZATION 49481 49481 X 1327110 1327110 1327110 832128 832128 832128 SCHEDULE D, PAGE 3, PART X ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA PROVIDE CONSISTENT GUIDANCE FOR THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN THE ORGANIZATIONS' FINANCIAL STATEMENTS AND PRESCRIBE A THRESHOLD OF "MORE LIKELY THAN NOT" FOR RECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE CREDIT BUILDERS ALLIANCE AND CBA FUND PERFORMED AN EVALUATION OF UNCERTAIN TAX POSITIONS FOR THE YEAR ENDED DECEMBER 31, 2023, AND DETERMINED THAT THERE WERE NO MATTERS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS OR THAT MAY HAVE ANY EFFECT ON ITS TAX-EXEMPT STATUS. AS OF DECEMBER 31, 2023, THE STATUTE OF LIMITATIONS FOR TAX YEARS 2020 THROUGH 2022 REMAINS OPEN WITH THE U.S. FEDERAL JURISDICTION OR THE VARIOUS STATES AND LOCAL JURISDICTIONS IN WHICH THE ORGANIZATIONS FILE TAX RETURNS. IT IS THE ORGANIZATIONS' POLICY TO RECOGNIZE INTEREST AND/OR PENALTIES RELATED TO UNCERTAIN TAX POSITIONS, IF ANY, IN INCOME TAX EXPENSE. AS OF DECEMBER 31, 2023, THE ORGANIZATIONS HAD NO ACCRUALS FOR INTEREST AND/OR PENALTIES. true AFRICAN ECONOMIC DEVELOPMENT SOLUTI 1821 UNIVERSITY AVE SUITE S145 ST PAUL MN 55104 800345712 501C3 7250 SMALL DOLLAR LENDING CAP SERVICES INC 2900 HOOVER ROAD SUITE A STEVENS POINT WI 54481 391080897 501C3 7500 SMALL DOLLAR LENDING CAPITAL GOOD FUND 22 A STREET PROVIDENCE RI 02907 800348382 501C3 9000 SMALL DOLLAR LENDING CEN-TEX CERTIFIED DEVELOPMENT CORP 1011 SAN JACINTO BLVD AUSTIN TX 78701 742581297 501C3 6000 SMALL DOLLAR LENDING CENTER FOR ECONOMIC OPPORTUNITY PO BOX 152188 SAN DIEGO CA 92195 453686069 501C3 20000 SMALL DOLLAR LENDING FIRST COMMUNITY CAPITAL INC PO BOX 524 LANCASTER PA 17608 200185800 501C3 14500 SMALL DOLLAR LENDING COMMUNITY FIRST FUND 51 S DUKE ST SUITE 400 LANCASTER PA 17602 232689714 501C3 6000 SMALL DOLLAR LENDING FRESNO AREA HISPANIC FOUNDATION 1444 FULTON STREET FRESNO CA 93721 753129705 501C3 6000 SMALL DOLLAR LENDING HUSTLE USA 1 NORTH 1ST ST 700 PHOENIX AZ 85004 825134812 501C3 7000 SMALL DOLLAR LENDING LEGACY INSTITUTE FOR FINANCIAL EDUCATION - 504 W FRANK AVE LUFKIN TX 75904 471941953 501C3 7000 SMALL DOLLAR LENDING MICROCARE COMMUNITY DEVELOPMENT SOLUTIONS - 5049 E BROADWAY STE 306 TUCSON AZ 85711 812556015 501C3 14500 SMALL DOLLAR LENDING OPENING DOORS INC 1111 HOWE AVE SUITE 125 SACRAMENTO CA 95825 371417129 501C3 14500 SMALL DOLLAR LENDING SOLAR AND ENERGY LOAN FUND 2400 RHODE ISLAND AVE FORT PIERCE FL 34950 273102098 501C3 6000 SMALL DOLLAR LENDING SOLITAS HOUSE 1907 E HILLSBOUROUGH AVE TAMPA FL 33610 510585799 501C3 9000 SMALL DOLLAR LENDING 14 SCHEDULE I, PAGE 1, PART I, LINE 2 SUBGRANTS WERE AWARDED TO "AID SMALL DOLLAR CONSUMER LENDING". THE USE OF THESE FUNDS ARE MONITORED THROUGHOUT THE YEAR. X X false false false false false false false false false DARA DUGUAY EXECUTIVE DIRECTOR 191358 5790 5964 14887 217999 JULIA GAZIZOVA CFO 134983 4632 4256 10283 154154 FORM 990 - ORGANIZATION'S MISSION CBA FUND IS A NONPROFIT CORPORATION ESTABLISHED UNDER THE LAWS OF THE DISTRICT OF COLUMBIA, FORMED AND OPERATED FOR THE PURPOSE OF EXPANDING THE CAPICITY OF NONPROFITS THAT PROVIDE SAFE AND AFFORDABLE SMALL DOLLAR CONSUMER LOANS AND CREDIT BUILDING PRODUCTS TO LOW AND MODERATE INCOME INDIVIDUALS. FORM 990 SALARIES AND OTHER COMPENSATION REPORTED ON THIS RETURN WERE PAID BY CREDIT BUILDERS ALLIANCE AS DISCLOSED ON SCHEDULE R. THEREFORE THE NUMBER OF INDIVIDUALS EMPLOYED IS LISTED AS NONE ON THIS RETURN. FORM 990, PAGE 1, PART I, LINE 6 VOLUNTEERS CONSIST OF INDIVIDUALS WHO SERVED ON THE BOARD DURING THE YEAR. FORM 990, PAGE 6, PART VI, LINE 7B CREDIT BUILDERS ALLIANCE WHO IS THE MEMBER OF CBA FUND APPROVES GOVERNANCE DECISIONS OF CBA FUND. FORM 990, PAGE 6, PART VI, LINE 11B THE EXECUTIVE DIRECTOR AND THE CHIEF FINANCIAL OFFICER REVIEW THE 990 TAX RETURN UPON RECEIPT FROM THE PREPARERS. THE FINANCE COMMITTEE OF THE BOARD ALSO REVIEWS THE RETURN. ALL QUESTIONS AND ISSUES ARE ANSWERED AND RESOLVED AND ANY APPROPRIATE CORRECTIONS ARE MADE TO THE RETURN. ONCE THIS PROCESS IS COMPLETE, A COPY OF THE 990 IS FORWARDED TO THE FULL BOARD OF DIRECTORS PRIOR TO FILING THE RETURN. FORM 990, PAGE 6, PART VI, LINE 12C THE ORGANIZATION ANNUALLY REVIEWS THE CONFLICT OF INTEREST POLICY WITH THE BOARD OF DIRECTORS AND MANAGEMENT. THE ORGANIZATION REQUIRES DISCLOSURE OF ANY INTERESTS THAT MAY PRESENT A CONFLICT OF INTEREST. FORM 990, PAGE 6, PART VI, LINE 19 THESE POLICIES AND DOCUMENTS ARE PROVIDED UPON REQUEST. CREDIT BUILDERS ALLIANCE 1701 K STREET NW STE 1000 WASHINGTON DC 20006 208351782 CRED BUILD VA 501C3 7 N/A false false false true false true false false false false false false false true true true true false false false CREDIT BUILDERS ALLIANCE E 75000 FMV CREDIT BUILDERS ALLIANCE O 458969 FMV CREDIT BUILDERS ALLIANCE P 91893 FMV CREDIT BUILDERS ALLIANCE C 595000 FMV