Nonprofit screen
Screen a listTrue Access Capital Corporation
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(1)
$4.6Mrevenue
FY2024 · −44% in 3 yrs17staff
7 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin18.4%
Months of reserve27.4mo
Revenue growth (annualized)+14.0%
Middle half of peersMedianTrue Access Capital
Where the money goes FY2024 · $3.8M spent
Programs$3.4M89%Management and general$373k10%Fundraising$38k1%990 FY2024 · Part IX line 25
Worth checking2
A funder worth 12% of revenue stopped after FY2020
Citi Foundation gave $500k in FY2020, 12% of revenue that year.
Funders’ 990-PF grant listsGovernment grants fell 78% in FY2022
$4.8M in FY2021, $1.0M in FY2022.
990 Part VIIIIn its favor2
Growing faster than peers
Revenue up 14% a year since FY2017, faster than half of similar nonprofits.
990 Part I · peer cohortFunders stay
5 of the 6 funders that gave before FY2021 are still giving.
Funders’ 990-PF grant lists13funders
$485ka year, last 3 years
26%from its largest funder
Funder’17’18’19’20’21’22’23Jpmorgan Chase FoundationEvery year since FY2017$300k$20k$420k$470$150k$320$150kOpportunity Finance NetworkOn and off$200k$75k$300kThe Bank of America Charitable Foundation IncEvery year since FY2017$40k$40k$40k$140k$140k$100k$25kCiti FoundationOn and off$500kLongwood Foundation IncOn and off$200kTd Charitable FoundationSince FY2020$50k$50k$50k$50kDonor-advised giftsDonors not disclosed$77k$100k$147k$15k4 other fundersUp to $38k a year each$60k$43k
FundedThrough a donor-advised fund