Nonprofit · EIN 81-1270942
REVENUE BASED FINANCE COALITION INC
Tax-exempt · MIAMI, FL 33172
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $5,297,846 | $5,347,908 | -$50,062 | $145,560 | $683,161 | -$537,601 |
| December 31, 2023 | 990 | $3,745,259 | $3,950,175 | -$204,916 | $142,482 | $615,521 | -$473,039 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $4,730,598
- Membership dues
- $4,730,598
- Program service revenue
- $0
- Investment income
- $0
- Net income from fundraising events
- $567,248
- Other revenue
- $567,248
Expenses
- Grants and similar amounts paid
- $2,500
- Compensation of officers, directors and key employees
- $852,083
- Other salaries and wages
- $100,172
- Salaries, compensation and benefits (total)
- $1,029,138
- Professional fundraising fees
- $0
- Legal fees
- $1,423,967
- Accounting fees
- $26,625
- Travel
- $363,415
Balance sheet and other
- Total assets, start of year
- $127,982
- Total assets, end of year
- $145,560
- Total liabilities, end of year
- $683,161
- Net assets, end of year
- -$537,601
- Net assets without donor restrictions
- -$537,601
- Gross receipts
- $6,481,130
- Employees
- 0
- Year formed
- 2016
- State of legal domicile
- DE
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DEVERON M GIBBONS | Executive Vice Pres Highest-paid employee | 40 | $622,917 |
| MARY DONOHUE | Executive Director Key employee | 40 | $229,167 |
| SCOTT CROCKETT | President Trustee or director, Officer | 2 | $0 |
| VINCENT NEY | Vice President Trustee or director, Officer | 2 | $0 |
| WILLIAM GALLAGHER | Secretary Trustee or director, Officer | 2 | $0 |
| EVAN SMEIDT | Director Trustee or director | 1.5 | $0 |
| TIMOTHY MAGES | Treasurer Trustee or director, Officer | 2 | $0 |
| MICHAEL MARANO | DIRECTOR Trustee or director | 2 | $0 |
| BORIS SHAKHMUROV | DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DEVERON M GIBBONS | EXECUTIVE DIRECTOR Key employee | 40 | $603,118 |
| SCOTT CROCKETT | President Trustee or director, Officer | 2 | $0 |
| VINCENT NEY | Vice President Trustee or director, Officer | 2 | $0 |
| WILLIAM GALLAGHER | Secretary Trustee or director, Officer | 2 | $0 |
| EVAN SMEIDT | Director Trustee or director | 1.5 | $0 |
| TIMOTHY MAGES | Treasurer Officer | 2 | $0 |
| MICHAEL MARANO | DIRECTOR Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 11231 NW 20TH ST UNIT 140 PMB 350, MIAMI, FL 33172-1865
- In care of
- % SCOTT CROCKETT
- Principal officer (990 for 2024)
- Scott Crockett, 11231 NW 20th St Ste 140-350, Miami, FL 33172
- Signed the 990
- SCOTT CROCKETT, President
- Phone
- (703) 430-6635
- Website
- RBFC.NET
- Return prepared by
- Howard Sckolnik CPA
Mission
See Schedule O
Program accomplishments
- THE USE OF TECHNOLOGY IN REDUCING INEFFICIENCIES IN COMMERCIAL FINANCE SUCH THAT IT BECOMES EASIER AND MORE CONVENIENT TO PROVIDE CAPITAL TO AMERICAN ENTREPRENEURS AND SMALL BUSINESS OWNERS.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 81-1270942
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 2016
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S46)
- Assets (IRS master file)
- $145,560
- Income (IRS master file)
- $6,481,130
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $5,297,846 | $5,347,908 | $145,560 | IRS |
| 990 | December 2023 | $3,745,259 | $3,950,175 | $142,482 | XML |
| 990 | December 2022 | $2,870,200 | $2,994,996 | $91,963 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 81-1270942).
Questions about REVENUE BASED FINANCE COALITION INC
- What is the EIN of REVENUE BASED FINANCE COALITION INC?
- The employer identification number (EIN) of REVENUE BASED FINANCE COALITION INC is 81-1270942.
- Is REVENUE BASED FINANCE COALITION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2016.
- Are donations to REVENUE BASED FINANCE COALITION INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does REVENUE BASED FINANCE COALITION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of REVENUE BASED FINANCE COALITION INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did REVENUE BASED FINANCE COALITION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of REVENUE BASED FINANCE COALITION INC?
- The 990 for the year ended December 31, 2024 names Scott Crockett.
- Who are the officers and directors of REVENUE BASED FINANCE COALITION INC?
- The 990 for the year ended December 31, 2024 lists 9 people; 2 received compensation from the organization, the highest $622,917 (DEVERON M GIBBONS, Executive Vice Pres).
- How much revenue does REVENUE BASED FINANCE COALITION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $5,297,846, expenses of $5,347,908 and total assets of $145,560 at year end.
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All nonprofits in MIAMI · Florida · Community improvement and capacity building