Secured Finance Network Northern California
Nonprofit profile at a glance
- EIN
- 810653351
- IRS 990-EZ coverage
- 2013–2025
- Forms available
- Form 990-EZ 2025
- Location
- Sausalito, CA, USA
- Phone
- 4159890970
- Rating
- 88
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Professional Societies, Associations
Reported finances
- Revenue
- $95,425
- Expenses
- $100,686
- Assets
- $20,883
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- CHUCK DOYLE (President)
- LEE SHODISS (Vice President)
People named in this filing
- CHUCK DOYLE (President)
- LEE SHODISS (Vice President)
- TIM GAINES (Treasurer)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The objectives of the Association are to provide throughdiscussion and publication: a forum for the consideration of inter- and intra-industry ideas and opportunities. to make available current information on legislation and court decisions relating to asset-based financial services. to improve legal and operational procedures employed by the industry. to furnish to the general public information on the function and significance of the industry in the credit structure of the country. to encourage the Associations Members and their personnel in the performance of their social and community responsibilities. and to promote through education the sound development of asset-based financial services.
What it reported doing in 2025
Various events were held to bring together both borrowers and lenders to further the goals of improving business standards in the secured finance network industry.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 100
- Transparency & Controls: 82
- Sustainability: 28
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -5.5%; rating input score 34; 34th percentile among comparable filings
- Total-asset coverage ratio: 0.21; rating input score 19; 19th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 5.2% per year; rating input score 100; 61st percentile among comparable filings
- Revenue growth: 3.9% per year; rating input score 100; 65th percentile among comparable filings
- Asset growth: -2.5% per year; rating input score 0; 30th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $101K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 1 filed schedules
- Filing history: 7 filing years from 2013 to 2025
- Contacts: How to reach this organization
- 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- Moderate — Sustainability: Operating margin scored 34/100.
- High — Sustainability: Total-asset coverage ratio scored 19/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.