NonprofitsCenter For Strategic Economic Studies And Institutional Dvlp Inc

Community Improvement & Capacity Building

Center For Strategic Economic Studies And Institutional Dvlp Inc

LOS ANGELES, CA

Total revenue

$88.0M

Total expenses

$86.6M

Net assets

$1.8M

Grants received

$396K

9 grants

EIN

522135889

Tax year

2024

Mission

The center by lendistry is a nonprofit organization that supports diverse small businesses through education, technical assistance, and access to competitive financing. Our mission is to close the wealth gap by anchoring small businesses and the communities where they do business.

Programs

5 programs

Small Business Accelerators- The Center provided over 100 businesses with access to intensive accelerator services to support business growth, local job creation, and wealth building for communities. These accelerators focus on specific growth mechanisms including digital growth and online sales, government and supply chain contracting and procurement, scaling through brick and mortar, and other foundational business growth activities.

Expenses: $620K

SSBCI Capital readiness Program- TCbL was selected to be the technical assistance training partner for CalOSBAs SSBCI Technical Assistance Program. In 2024 TCbl completed assessments of 30 partner organizations and developed dozens of train the trainer resources for the network.

Expenses: $225K

Access to Capital Programs-The Center provided 127 small businesses with access to capital technical assistance and support including credit counseling, loan packaging, small grants and access to new credit facilities.

Expenses: $194KGrants: $173K

Climate Resilience Programs-In 2024, we advanced four strategic pillars under our Climate Resilience Strategy, focusing on empowering communities to adapt to environmental changes and seize economic opportunities supporting main street businesses, middle market businesses, loval governments, and community organziations climate projects.

Expenses: $164K

California Grant Programs-The Center supported the administration of $100M+ in financial relief to small business owners impacted by a range of disruptions, from climate change and entertainment industry interruptions to the persistent aftermath of the COVID-19 pandemic.

Expenses: $146K

Financials

FY 2024

Revenue

Contributions & grants$87.5M
Program service revenue$490K
Investment income
Other revenue
Total revenue$88.0M

Expenses

Grants paid$160K
Salaries & benefits$803K
Fundraising$156K
Other expenses$85.7M
Total expenses$86.6M
Total assets$6.0M
Net assets$1.8M

People

9 listed

NameRoleCompensation

Tunua Thrash-Ntuk

President & CEO

Board

$270K

40 hrs/wk

Miranda Rodriguez

Vice President

Board

$154K

40 hrs/wk

Stan Washington

Chair

Board

5 hrs/wk

Adey Tesafaye

Treasurer

Board

5 hrs/wk

McKell Beamon

Secretary

Board

4 hrs/wk

Warren Chambers

Board Member

Board

3 hrs/wk

Leeann Lynch

Board Member

Board

5 hrs/wk

P David Bramble

Board Member

Board

3 hrs/wk

Marina Garcia

Sr Project Mngr

Staff

$118K

40 hrs/wk

Independent contractors

Horne

Grant Administrator

$6.4M

Lendistry

Compliance/Legal/Accounti

$2.4M

Pivotal Strategies

Outreach and TA Services

$141K

Klimt Consulting LLC

Outreach and TA services

$140K

The Little Big Project

Outreach and TA Services

$140K

Grants received

Showing 9 of 9

FromAmountPurposeYear
$50K
INCREASE BIPOC PROFESSIONALS IN LEADERSHIP POSITIONS
2024
$50K
LEADERSHIP PROJECT
2023
$11K
GENERAL SUPPORT
2023
$200K
ADVISED - FOR SUPPORTING SMALL BUSINESS THROUGH MODERNIZING INFRASTRUCTURE FOR REPORTING, EVALUATION, AND LEARNING TO BETTER SUPPORT YOUR LOCAL COMMUNITY.
2020

Funded by

$396K from 5 funders · 9 grants · 2020–2024

The San Francisco Foundation

$200K · 1 grant · 2020

The Philadelphia Foundation

$100K · 2 grants · 2023–2024

American Online Giving Foundation Inc

$50K · 2 grants · 2021–2022

The Lenfest Institute For Journalism

$35K · 3 grants · 2022–2024

Great Rivers Community Trust

$11K · 1 grant · 2023

Details

EIN522135889
NTEE codeS99
Subsection03
Ruling date2015-09
Formed2015
Employees0
Volunteers6
CENTER FOR STRATEGIC ECONOMIC STUDIES AND INSTITUTIONAL DVLP INC — Mission, Financials & Grants Received | Grantivo