2025-08-14T11:33:51-05:00 2024-09-30 331374517 PKF O'CONNOR DAVIES ADVISORY LLC 500 MAMARONECK AVENUE SUITE 301 HARRISON NY 105281633 990 2023-10-01 810584343 ACCOMPANY CAPITAL INC ACCO 2128984112 11 BROADWAY 1515 NEW YORK NY 10004 YANKI TSHERING EXECUTIVE DIRECTOR 2128984112 2025-08-14 1 1 MELISSA MODELSON P01603524 9143818900 2025-08-13 2023 2025-03-06 01:10:19Z KWAME K MARFO 11 BROADWAY 1515 NEW YORK NY 10004 7088917 0 X WWW.ACCOMPANYCAPITAL.ORG X 2002 NY TO CREATE A PATHWAY TO PROSPERITY FOR NEW YORK AREA IMMIGRANT, REFUGEE, AND UNDERSERVED ENTREPRENEURS, THROUGH ACCESS TO AFFORDABLE CREDIT, FINANCIAL EDUCATION, TRAINING IN TECHNOLOGY, AND BEST BUSINESS PRACTICES. 10 10 20 19 0 0 2867152 5742813 250964 1235474 555229 110630 0 0 3673345 7088917 244932 1255253 0 0 1879574 2123465 0 0 246131 1462541 1417980 3587047 4796698 86298 2292219 18103904 21627479 7676504 9398107 10427400 12229372 X TO CREATE A PATHWAY TO PROSPERITY FOR NEW YORK AREA IMMIGRANT, REFUGEE, AND UNDERSERVED ENTREPRENEURS, THROUGH ACCESS TO AFFORDABLE CREDIT, FINANCIAL EDUCATION, TRAINING IN TECHNOLOGY, AND BEST BUSINESS PRACTICES. 0 0 2720536 730773 1235474 ACCOMPANY CAPITAL ASSISTED MICRO AND SMALL BUSINESS OWNERS TO ACCESS 201 LOANS FOR A TOTAL OF $11,793,317 IN FY 2024. 881716 514780 0 A TOTAL OF 5,798 HOURS OF TRAINING AND COUNSELING WAS PROVIDED TO 956 CLIENTS IN ADDITION TO 39 WORKSHOPS FOR A TOTAL OF 95.5 HOURS PRESENTED TO 1,798 ATTENDEES, IN FY 2024. 9700 9700 0 GENERAL SUPPORT TO OTHER ORGANIZATIONS 9700 9700 0 3611952 1 1 0 1 0 0 0 0 0 0 1 0 1 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 26 0 20 1 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 NY X X YANKI TSHERING 2128984112 11 BROADWAY 1515 NEW YORK NY 10004 KWAME MARFO BOARD CHAIR 2.00 X X 0 0 0 TIM ZHAKSELEKOV TREASURER 2.00 X X 0 0 0 MICHELLE DANSO SECRETARY 1.00 X X 0 0 0 PETER BREAST BOARD MEMBER 1.00 X 0 0 0 JOAN CARTY BOARD MEMBER 1.00 X 0 0 0 KATE HAO BOARD MEMBER 1.00 X 0 0 0 VICTORIA KHODOSH BOARD MEMBER 1.00 X 0 0 0 LAURENCE RUBENSTEIN BOARD MEMBER 1.00 X 0 0 0 DAVE SIDHU BOARD MEMBER 1.00 X 0 0 0 CAROLINA SIMON BOARD MEMBER 1.00 X 0 0 0 YANKI TSHERING EXECUTIVE DIRECTOR 40.00 X 186102 0 32521 MARIA PAULINO LOAN OFFICER 40.00 X 100408 0 10041 286510 0 42562 2 0 1 0 ZELIN & ASSOCIATES CPA LLC 555 8TH AVENUE SUITE 2203 NEW YORK NY 10018 FINANCIAL SERVICES 148054 1 5180619 562194 5742813 INTEREST INCOME FROM P 900099 775054 775054 PROGRAM FEES 900099 460420 460420 1235474 110630 110630 7088917 1235474 0 110630 263128 263128 992125 992125 235157 58789 58789 117579 1466433 1284947 136979 44507 119369 106651 10636 2082 171827 145567 17299 8961 130679 104656 14670 11353 5104 5104 173298 173298 78000 78000 456664 173060 266128 17476 5864 3650 2214 154089 85810 41352 26927 37830 37830 202819 161422 24269 17128 146921 63887 83034 113546 113546 1354 1084 152 118 34557 15000 19557 CREDIT REPORTS 6882 694 6188 ADMINISTRATIVE EXPENSES 1052 106 946 4796698 3611952 938615 246131 6049380 5546166 2129016 2198326 1133928 659886 86041 62961 9478 5698 5134 3780 8400385 12800612 300020 355748 18103904 21627479 310451 318486 306060 1570922 2751149 2113861 3760167 4800000 548677 594838 7676504 9398107 X 9902921 11454892 524479 774480 10427400 12229372 18103904 21627479 X 2292219 -490247 X 0 1 X 1 1 1 X 3634928 5720497 4418809 2867152 5742813 22384199 3634928 5720497 4418809 2867152 5742813 22384199 22384199 0 0 0 33118 110630 143748 12266 3731 3151 19148 22547095 3951783 0.99280 0.84690 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 78000 78000 0 PART II-B, LINE 1: THE ORGANIZATION HIRED AN OUTSIDE CONSULTANT TO LOBBY VARIOUS NYC COUNCIL MEMBERS AND COUNTY LEGISLATORS IN REGARDS TO MUNICIPAL FUNDING FOR ITS PROGRAMS. 9478 5698 3780 3780 CLIENT LOAN RECEIVABLES 12800612 C 12800612 OPERATING LEASE LIABILITIES 286373 OTHER LIABILITIES 16767 WEALF PAYABLE 291698 594838 X 6598670 0 6598670 490247 490247 7088917 4796698 0 4796698 0 4796698 PART X, LINE 2: THE ORGANIZATION RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE ORGANIZATION HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION AND/OR DISCLOSURE. THE ORGANIZATION IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR YEARS PRIOR TO SEPTEMBER 30, 2021. PART XI, LINE 4B - OTHER ADJUSTMENTS: CHANGE IN ALLOWANCE FOR CREDIT LOSSES 490,247. 1 ELEVATED INFUSIONS INC 30-33 32ND STREET 2G ASTORIA NY 11102 851983265 10000 0 PITCH COMPETITION AWARD HARLEM CYCLE 231 W 136TH STREET 202 NEW YORK NY 10030 811342499 25000 0 PITCH COMPETITION AWARD AUNT ETHEL'S POT PIES LLC 195 S 4TH STREET E5 BROOKLYN NY 11211 844753316 10000 0 PITCH COMPETITION AWARD POLYDUB INC 12935 SE 26TH PLACE APT D2 BELLEVUE WA 98005 933369717 25000 0 2024 TECH IMPACT STARTUP COMPETITION BUUNNI COFFEE LLC 542 BARRETTO STREET BRONX NY 10474 453768314 50000 0 CDFI ERP GREEN GRANT TAPERK INC 5531 SOUTHWEST 8TH STREET MARGATE FL 33068 931703303 25000 0 TECH IMPACT STARTUP COMPETITION GLUBBS LLC 834 STERLING PLACE APT 304 BROOKLYN NY 11216 851395619 25000 0 TECH IMPACT STARTUP COMPETITION LULO VENTURES INC 150 COURT STREET FL 2 BROOKLYN NY 11201 301407441 30000 0 TECH IMPACT STARTUP COMPETITION TIMBOTRANSPORT LLC 140 DEBS PLACE APT 8C BRONX NY 10475 933131356 5762 0 CDFI ERP GREEN GRANT BIANCOLATTE BAKERY LLC 45-02 11TH STREET QUEENS NY 11101 990896208 21500 0 GREEN GRANT AWARD ISLAND POPS LLC 680 NOSTRAND AVENUE BROOKLYN NY 11216 811622578 9558 0 CDFI ERP GREEN GRANT 0 11 IDA RENT RELIEF PROGRAM 64 514780 TAXI MEDALLION GRANTS 14 420000 PITCH COMPETITION PROGRAM 2 30000 CDFI ERP GREEN GRANT 5 27345 PART I, LINE 2: GRANTS TO SMALL BUSINESSES WERE CONTRIBUTED BY FUNDERS TO PROVIDE DEBT, RENT, OR INTEREST RELIEF. PERSONAL INFORMATION, DEMOGRAPHIC DATA, AND PROOF OF RECEIPT OF ALL GRANTS WERE REQUIRED TO BE RECORDED AND REPORTED. IN THE CASE OF ONE PROGRAM, SURVEYS ON THE IMPACT OF THE GRANT WERE CONDUCTED IN 30, 60, AND 90 DAYS. X 0 0 0 0 0 0 0 0 0 YANKI TSHERING EXECUTIVE DIRECTOR 186102 0 0 0 0 0 18610 0 13911 0 218623 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B MANAGEMENT REVIEWED A DRAFT OF THE FORM 990 WITH THE AUDIT/FINANCE COMMITTEE AND PROVIDED EDITS TO THE TAX PREPARER. AFTER THIS PROCESS WAS PERFORMED, THE FORM 990 WAS SENT TO THE FULL BOARD OF DIRECTORS PRIOR TO BEING FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS A BOARD APPROVED CONFLICT OF INTEREST POLICY. EACH BOARD MEMBER MUST FILL OUT AN ANNUAL DECLARATION STATING THEY HAD NO CONFLICTS OR IDENTIFYING THE NATURE OF THEIR INTERESTED PARTY TRANSACTIONS. IN ADDITION, EMPLOYEES ARE REQUIRED TO DISCLOSE IN WRITING ANY POTENTIAL CONFLICT OF INTEREST. UPON HIRE AND ANNUALLY, EMPLOYEES ARE REQUIRED TO SIGN A CONFLICT OF INTEREST POLICY ACKNOWLEDGEMENT ATTESTING TO THE REQUIREMENT FOR DISCLOSURE OF ACTUAL OR POTENTIAL CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15A EACH YEAR, THE EXECUTIVE COMMITTEE REVIEWS COMPARABLE SALARIES BASED ON A RECOGNIZED STUDY AND REVIEWS THE PERFORMANCE OF THE EXECUTIVE DIRECTOR TO DETERMINE IF THE EXISTING SALARY FALLS WITHIN THESE RANGES. AFTER A DELIBERATION OF THIS MATTER, A NEW PROPOSED SALARY AND BENEFIT PACKAGE IS VOTED ON. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE RETURN IS POSTED ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, THE FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, GOVERNING DOCUMENTS, AND FORM 1023 ARE ALSO AVAILABLE UPON WRITTEN REQUEST OR BY CALLING THE ORGANIZATION DIRECTLY. FORM 990, PART XI, LINE 9: CHANGE IN ALLOWANCE FOR CREDIT LOSSES -490,247.