2024-04-20T11:23:12-05:00 2022-06-30 452873000 JL REYES ACCOUNTING & TAX SERVICE LLC 100 W MAIN ST LANSDALE PA 19446 990EZ 2021-09-28 872852513 GREENLINE ACCESS CAPITAL GREE 6099043537 3525 I STREET 111 PHILADELPHIA PA 19134 KERSY AZOCAR PRESIDENT AND CEO 6099043537 2024-04-20 1 KERSY AZOCAR 999009999 JOSEPH REYES P00752216 2155252976 2024-04-20 0 AAL1 IAL1 2021 2023-04-26 12:10:37Z X X X GREENLINEACCESS.ORG X X 67166 X 52993 14173 671 -671 66495 966 98281 39680 8058 25021 172006 -105511 0 0 -105511 X 0 63050 0 206831 0 269881 0 375392 0 -105511 X THE PRIMARY PURPOSES OF THE CORPORATION IS TO PROVIDE: MICROLOANS AND GRANTS TO BUSINESSES HISTORICALLY EXCLUDED FROM FORMAL FINANCIAL SYSTEMS, FOR THE CHARITABLE PURPOSES OF RELIEVING POVERTY AND COMBATTING COMMUNITY DETERIORATION: AND EDUCATION AND TECHNICAL ASSISTANCE, THROUGH ONE-ON-ONE AND GROUP CAPACITY-BUILDING ACTIVITIES TO SUPPORT SMALL BUSINESSES IN ECONOMICALLY DEPRESSED AREAS, EXPANDING THEIR CAPACITY, LOAN READINESS, NETWORKS AND BUSINESS OPPORTUNITIES. A) 101 CLIENTS SERVED WITH BUSINESS CONSULTING, TECHNICAL ASSISTANCE AND CONNECTING WITH RESOURCES AND PROFESSIONALS FROM VARIOUS INDUSTRIES: LEGAL, MARKETING, CONSTRUCTION, COMMUNICATIONS, ACCOUNTING AND CITY BUSINESS MANAGERSB) CLOSED 7 MICROLOANS TOTALING $32,000, AVERAGE LOAN SIZE $4,571C) HOSTED 11 FINANCIAL WORKSHOPS D) ASSISTED 26 CLIENTS TO OBTAIN $2.7MILLION DOLLARS IN BUSINESS LOANS AND FEDERAL, LOCAL AND STATE GRANTS 0 0 0 KERSY AZOCAR PRESIDENT 37.50 75819 0 0 ROXANNA ENCARNACION VP OF BUSINESS LENDING 37.50 22462 0 0 CAREY MORGAN TREASURER 0.50 0 0 0 SILVIA LUCCI SECRETARY 0.50 0 0 0 X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 KERSY AZOCAR 3525 I STREET UNIT 111 PHILADELPHIA PA 19140 6099043537 0 0 0 0 0 0 0 0 0 0 NONE NONE 1 X 0 0 0 0 52993 52993 0 0 0 0 0 0 0 0 0 0 52993 52993 52993 0 0 0 0 588 588 0 0 0 0 0 53581 13585 0.98900 X PART II, SHORT YEAR EXPLANATION: PUBLIC SUPPORT MEASURE INCLUDES ONLY THE CURRENT YEAR INFORMATION SINCE IT IS THE ORGANIZATIONS FIRST YEAR OF OPERATING. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED FORM 990-EZ, PART I, LINE 7 - SALES OF INVENTORY INCOME: GROSS RECEIPTS: 0. RETURNS AND ALLOWANCES: 0. LESS COST OF GOODS SOLD: 671. GROSS PROFIT: -671. COST OF GOODS SOLD: INVENTORY AT BEGINNING OF YEAR: 0. MERCHANDISE PURCHASED: 0. COST OF LABOR: 0. MATERIALS AND SUPPLIES: 0. OTHER COSTS: 671. INVENTORY AT END OF YEAR: 0. COST OF GOODS SOLD: 671. FORM 990-EZ, PART I, LINE 7B - OTHER COSTS DESCRIPTION: DEPRECIATION. AMOUNT: 671. FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES DESCRIPTION: ADVERTISING AND MARKETING. AMOUNT: 1,336. DESCRIPTION: CRM. AMOUNT: 2,650. DESCRIPTION: DUES AND SUBSCRIPTIONS. AMOUNT: 671. DESCRIPTION: MISC. AMOUNT: 1,000. DESCRIPTION: INSURANCE. AMOUNT: 5,107. DESCRIPTION: OFFICE EXPENSE. AMOUNT: 177. DESCRIPTION: PAYROLL PROCESSING. AMOUNT: 321. DESCRIPTION: PAYROLL TAX. AMOUNT: 7,517. DESCRIPTION: PROGRAM EXPENSES. AMOUNT: 300. DESCRIPTION: PROVISION FOR LOAN LOSS. AMOUNT: 4,632. DESCRIPTION: TECHNOLOGY. AMOUNT: 882. DESCRIPTION: TRAVEL. AMOUNT: 428. TOTAL TO FORM 990-EZ, LINE 16: 25,021. PAGE 1 BOX B GREENLINE ACCESS CAPITAL AMENDED RETURN STATEMENT THIS RETURN HAS BEEN AMENDED TO UPDATE PAYROLL AND OTHER EXPENSE ACCOUNT ACCRUALS TO THE PROPER BALANCES. FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS DESCRIPTION: CITY GRANT RECEIVABLE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 150,000. DESCRIPTION: LOAN RECEIVABLE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 30,879. DESCRIPTION: ALLOWANCE FOR LOAN LOSS. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: -4,632. DESCRIPTION: SERVICE FEE RECEIVABLE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 24,475. DESCRIPTION: PREPAID INSURANCE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 1,032. DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 5,077. FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 2,012. DESCRIPTION: EMPOLYEE DEFERRED SALARY. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 75,000. DESCRIPTION: EMPLOYEE DEFERRED TAX WITHHOLDING. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 7,405. DESCRIPTION: UNEARNED REIMBURSABLE GRANT. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 150,000. DESCRIPTION: UNEARNED SERVICE FEE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 15,975. DESCRIPTION: LONG TERM LOANS. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 125,000. THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.