First Community Capital Inc

Nonprofit profile at a glance

EIN
843804891
IRS 990 coverage
2021–2024
Forms available
Form 990 2024, Form 990-EZ 2020, Form 990-N 2019
Location
Riverside, CA, USA
Phone
9512495767
Rating
73
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Alliance/Advocacy Organizations

Official website

Reported finances

Revenue
$1,089,477
Expenses
$514,509
Assets
$2,213,668
Liabilities
$1,130,708

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • Tchaidor Jay Diallo (President & CEO)

Highest reported compensation

  • Tchaidor Jay Diallo (President & CEO): $124,800 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

First Community Capital, Inc. (FCCI) is a certified Community Development Financial Institution (CDFI) dedicated to expanding access to affordable capital and technical assistance for small businesses and individuals, with a focus on low- and moderate-income communities across Southern California.

What it reported doing in 2024

Impact at a Glance (FY 2025) 140 Total Loans Deployed 462 Clients Supported Through Technical Assistance 86 Jobs Created or Retained 83% of clients are low-income, and 95% are considered low- to moderate-incomeExpanding Access to Capital FCCI provides responsible and flexible financing solutions, including microloans, small business loans, startup loans, and small-dollar consumer loans. These offerings help clients launch, stabilize, and grow their businesses while improving overall financial stability. Comprehensive Technical Assistance FCCI pairs capital with practical, results-driven coaching to support long-term success. Services include business planning and strategy, credit education and financial literacy, digital marketing, and capital readiness support. In FY 2025, FCCI served 462 clients through technical assistance.Driving Economic Growth FCCI strengthens local economies by supporting small business development, facilitating job creation and retention, and expanding access to responsible financial products. Growing Impact Over Time FCCI continues to demonstrate steady growth through increased lending activity, expanded technical assistance reach, and strong outcomes in job creation and business support. Looking Ahead FCCI is focused on expanding lending capacity, scaling technical assistance programs, strengthening partnerships, and advancing community-focused economic development initiatives.

Operating model

Revenue model
Grant-funded. 72% of the money available for current operations came from government grants.
Distribution model
Direct operator. The filing allocates 99% 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

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 53
  • Transparency & Controls: 92
  • Accountability: 79
  • Sustainability: 71
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 35.8%; rating input score 36
  • Program expense ratio: 75.6%; rating input score 76
  • Fundraising efficiency: $38.13 raised per $1 spent on fundraising; rating input score 73; 73rd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 4 of 8 controls in place; rating input score 50
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 52.8%; rating input score 93; 93rd percentile among comparable filings
  • Total-asset coverage ratio: 4.3; rating input score 82; 82nd percentile among comparable filings
  • Liabilities to assets ratio: 0.51; rating input score 15; 15th percentile among comparable filings
  • Officer compensation ratio: 24.3%; rating input score 10; 10th percentile among comparable filings

Growth

  • Program expense growth: 23.7% per year; rating input score 100; 86th percentile among comparable filings
  • Revenue growth: 46.1% per year; rating input score 100; 96th percentile among comparable filings
  • Asset growth: 51.9% per year; rating input score 100; 96th percentile among comparable filings

Details

  • Where the money goes: 35.8% of revenue deployed · 75.6% of spending went to programs
  • Governance: 6 of 6 board members independent · 4 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $389K in reported program spending
  • Leadership: top reported pay $125K · 7 people listed
  • Consistency: 32 of 32 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 4 filing years from 2021 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 36/100.
  • Review — Accountability: Governance controls: 3 of 7 not reported.
  • High — Sustainability: Officer compensation ratio scored 10/100.
  • High — Sustainability: Liabilities to assets ratio scored 15/100.