Bside Capital

Nonprofit profile at a glance

EIN
841171311
IRS 990 coverage
2012–2025
Forms available
Form 990 2025
Location
Denver, CO, USA
Phone
3036570010
Rating confidence
Limited

Official website

Reported finances

Revenue
$7,538,274
Expenses
$8,168,456
Assets
$9,223,992
Liabilities
$4,095,960

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

27 people listed

Executive titles in this filing

  • CHRISTOPHER MYERS (CHIEF EXECUTIVE OFFICER)
  • DANIEL RYLEY (PAST PRESIDENT (THRU 01/25))
  • LUKE DAVIDSON (PAST PRESIDENT)
  • SUSANA SALAMUN (PRESIDENT)
  • AMY HILLMAN (VICE PRESIDENT)

Highest reported compensation

  • CHRISTOPHER MYERS (CHIEF EXECUTIVE OFFICER): $431,795 total reported compensation
  • KAROL JONES (CHIEF FINANCIAL OFFICER): $296,252 total reported compensation
  • LAUREL WALK (CHIEF OPERATING OFFICER): $282,723 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The b: side capital mission is to foster the economic growth of diverse small businesses within our communities.

What it reported doing in 2025

The mission of b: side capital is to foster the economic growth of diverse small businesses within our communities by achieving and maintaining excellence in the operation and delivery of the us small business administration 504 loan program to small business owners; improving the public visibility of b: side capital so that partners, peers, and customers recognize the organization as a leading economic development company; continuing to position b: side capital for expansion so that the organization is ready to serve small business in communities where access to capital is limited; and diversifying the menu of products and services offered by b: side capital.

Operating model

Revenue model
Earned-program. 93% of the money available for current operations came from fees and other program revenue.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 78
  • Accountability: 92
  • Sustainability: 20
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 1 of 6 controls in place; rating input score 17
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 75th percentile among comparable filings
  • Major donor itemization: Limited
  • Related-party transparency: Yes; rating input score 100

Accountability

  • Independent voting board: 93.8%; rating input score 94; 25th percentile among comparable filings
  • Governance controls: 8 of 9 controls in place; rating input score 89
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -8.4%; rating input score 11; 11th percentile among comparable filings
  • Total-asset coverage ratio: 1.13; rating input score 38; 38th percentile among comparable filings
  • Liabilities to assets ratio: 0.44; rating input score 18; 18th percentile among comparable filings
  • Officer compensation ratio: 27.3%; rating input score 9; 9th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 4.6% per year; rating input score 100; 34th percentile among comparable filings
  • Asset growth: 6.4% per year; rating input score 100; 41st percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 15 of 16 board members independent · 8 of 9 filing controls reported
  • Programs: 3 filed program accomplishments
  • Leadership: top reported pay $432K · 27 people listed · 1 of 6 pay-setting controls reported
  • Consistency: 13 of 13 current checks pass
  • Schedules: 5 filed schedules · includes grants, executive pay, and related organizations
  • Filing history: 14 filing years from 2012 to 2025
  • Contacts: How to reach this organization
  • Money network: 11 filed money-flow records
  • Related organizations: 2 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Sustainability: Operating margin scored 11/100.
  • Review — Accountability: Governance controls: Other executive compensation review process not reported.
  • Moderate — Sustainability: Total-asset coverage ratio scored 38/100.
  • High — Sustainability: Officer compensation ratio scored 9/100.
  • High — Sustainability: Liabilities to assets ratio scored 18/100.