Southwest Community Investment Corporation

Nonprofit profile at a glance

EIN
743019929
IRS 990-EZ coverage
2015–2015
Forms available
Form 990 2014, Form 990-EZ 2015
Location
Edinburg, TX, USA
Rating
55
Verdict
MIXED
Rating confidence
Moderate
Sector
Business and Industry

Reported finances

Revenue
$176,678
Expenses
$191,980
Assets
$47,944
Liabilities
$102,995

Source: IRS Form 990-EZ. Selected filing: tax year 2015. Amounts in USD.

Leadership & pay

14 people listed

Executive titles in this filing

  • SARAH HAMMOND (President & CEO)
  • PEDRO SALAZAR (Vice President)

People named in this filing

  • SARAH HAMMOND (President & CEO)
  • MARIA MANN (Executive Dir.)
  • RAMIRO GARZA (PARLIAMENTARY)

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 2015. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The primary exempt purpose of the organization is to provide free business training and assistance to socially and economically disadvantaged small business owners.

What it reported doing in 2015

The Program Service Accomplishment included helping more women-owned businesses this year, by providing free business training and technical assistance, helping with access to credit and capital, and identifying federal contract and trade opportunities, particularly to those who are socially and economically disadvantaged.

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

MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 52
  • Transparency & Controls: 68
  • Sustainability: 16
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 54.3%; rating input score 54
  • Program expense ratio: 50%; rating input score 50

Transparency & Controls

  • Consistency checks: 83.3%; rating input score 83; 0th percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -8.7%; rating input score 15; 15th percentile among comparable filings
  • Total-asset coverage ratio: 0.25; rating input score 24; 24th percentile among comparable filings
  • Liabilities to assets ratio: 2.15; rating input score 3; 3rd percentile among comparable filings
  • Officer compensation ratio: 23.4%; rating input score 16; 16th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -12.5% per year; rating input score 0; 6th percentile among comparable filings
  • Asset growth: 61.6% per year; rating input score 100; 95th percentile among comparable filings

Details

  • Where the money goes: 54.3% of revenue deployed · 50% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $96K in reported program spending
  • Leadership: top reported pay $0 · 14 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • Review — Financial Efficiency: Mission deployment rate scored 54/100.
  • Review — Financial Efficiency: Program expense ratio scored 50/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 15/100.
  • High — Sustainability: Total-asset coverage ratio scored 24/100.
  • High — Sustainability: Liabilities to assets ratio scored 3/100.
  • High — Sustainability: Officer compensation ratio scored 16/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.