2024-09-19T12:30:24-07:00 2023-12-31 200276349 MUN CPAs LLP 2901 Douglas Blvd Roseville CA 95661 990 2023-01-01 522135889 THE Center for Strategic Economic Studies and Institutional Development CENT 2132829875 767 S Alameda Street 340 Los Angeles CA 90021 Tunua Thrash-Ntuk President & CEO 2024-09-19 true true Bradley J Bartells CPA P02363556 9167744208 2023 2024-08-08 14:25:15Z X Tunua Thrash-Ntuk 767 S Alameda Street 340 Los Angeles CA 90021 3473182 false X www.thecenterbylendistry.org X 2015 CA THE CENTER BY LENDISTRY IS A NONPROFIT ORGANIZATION THAT SUPPORTS DIVERSE SMALL BUSINESSES THROUGH EDUCATION, TECHNICAL ASSISTANCE, AND ACCESS TO COMPETITIVE FINANCING. OUR MISSION IS TO CLOSE THE RACIAL WEALTH GAP BY ANCHORING SMALL BUSINESSES AND THE COMMUNITIES WHERE THEY DO BUSINESS. 6 6 0 6 0 424696 2980296 492886 0 0 424696 3473182 61250 0 740711 889577 0 134051 374692 2120421 1115403 3071248 -690707 401934 543226 2721946 548096 2324884 -4870 397062 THE CENTER BY LENDISTRY IS A NONPROFIT ORGANIZATION THAT SUPPORTS DIVERSE SMALL BUSINESSES THROUGH EDUCATION, TECHNICAL ASSISTANCE, AND ACCESS TO COMPETITIVE FINANCING. OUR MISSION IS TO CLOSE THE RACIAL WEALTH GAP BY ANCHORING SMALL BUSINESSES AND THE COMMUNITIES WHERE THEY DO BUSINESS. false false 2588956 64250 492886 TCBL PROVIDES DIRECT CONSULTING AND ADVISING SERVICES TO DIVERSE SMALL BUSINESSES TO ENSURE THAT THEY CAN ACCESS CREDIT/CAPITAL, INCREASE REVENUE, RETAIN AND/OR GROW JOBS, AND BUILD WEALTH IN THEIR COMMUNITIES. TCBL ALSO SERVES AS A REGIONAL CONVENOR OF MISSION- BASED LENDERS, BUSINESS DEVELOPMENT ORGANIZATIONS AND OTHER CDFIS TO DEPLOY RECOVERY RESOURCES NATIONWIDE. 2588956 true true false false false false false false false false false false false false true true true false false false false false false false false false false true false false false false false false true false false false false false false false false false false false false true 9 0 true 0 false false false false false false false 0 false false false false false false false X 6 6 true false false false false false false true true false false true true true true true true false false false CA GA MD X Tunua Thrash-Ntuk 2132829875 767 S Alameda Street 340 Los Angeles CA 90021 X Tunua Thrash-Ntuk President & CEO 40.00 0.00 X X 0 0 0 Stan Washington Chair 5.00 0.00 X X 0 0 0 Adey Tesfaye Treasurer 5.00 0.00 X X 0 0 0 McKell Beamon Secretary 4.00 0.00 X X 0 0 0 Warren Chambers Board Member 3.00 0.00 X 0 0 0 Leeann Lynch Board Member 5.00 0.00 X 0 0 0 P David Bramble Board Member 3.00 0.00 X 0 0 0 0 false false false Horne 661 Sunnybrook Rd Ste 100 Ridgeland MS 39157 Grant Administrator 825885 Lendistry 1735 Flight Wy Ste 450 Tustin CA 92782 Compliance/Legal/Accounti 334928 Pivotal Strategies 9619 National Blvd Los Angeles CA 90034 Communications and PR 126500 The SEO Queen 235 E Broadway Suite 800 Long Beach CA 90802 Digital Marketing 106931 4 2115296 865000 2980296 Program Service Fees 900099 492886 492886 492886 0 0 0 0 0 0 0 0 0 3473182 492886 X 61250 61250 0 0 0 0 0 789394 421829 261409 106156 0 48661 29196 12166 7299 51522 30913 12880 7729 0 0 0 0 0 0 2012087 1986470 25617 6971 6971 2539 2539 25396 25396 0 0 31968 25574 6394 0 6473 6473 0 0 0 17549 17549 TELEPHONE 10257 10257 MISCELLANEOUS 5000 5000 License & Permits 591 591 DUES & SUBSCRIPTIONS 550 550 1040 239 801 3071248 2588956 348241 134051 463997 676592 0 11728 1787332 67500 258022 0 0 0 0 0 0 0 0 0 0 1 0 543226 2721946 541108 2320793 6988 4091 548096 2324884 X -4870 397062 -4870 397062 543226 2721946 401934 -2 X false true X true false X 105123 2637750 2337084 424696 2980296 8484949 0 0 105123 2637750 2337084 424696 2980296 8484949 0 8484949 0 0 0 8484949 492886 1.00000 1.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED Loan Expenses 4091 4091 X 3473182 3473182 3473182 3071248 3071248 3071248 Part X : FIN48 Footnote The Organization is exempt from income taxes under Internal Revenue Code Section 501(c)(3). It is, however, subject to income taxes from activities unrelated to its tax-exempt purpose. The Organization uses the same accounting methods for tax and financial reporting. GAAP provides accounting and disclosure guidance about positions taken by an entity in its tax returns that might be uncertain. Management has considered its tax positions and believes that all of the positions taken in its federal and state exempt organization tax returns are more likely than not to be sustained upon examination. The Organization's returns are subject to examination by federal and state taxing authorities, generally for three years and four years, respectively, after they are filed. false DiverseForce LLC 325 Chestnut Street Suite 883 Philadelphia PA 19106 814219229 61250 0 Fiscal Sponsor/Event Sponsorships 0 1 Leeann Lynch Board Member 750000 Contribution Fund Exempt Purpose Form 990, Part VI, Section A, Line 2 Board Member Leeann Lynch for our organization serves as Lendistry's Chief Strategy Officer. Our organization receives substantial grants from Lendistry. Form 990, Part VI, Section B, Line 11b The President and CEO reviews and approves the 990 and then it is presented at the next board meeting for review and adoption by the Board of Directors Form 990, Part VI, Section C, Line 19 No Other Documents available to the public.