Center For Strategic Economic Studies and Institutional Dvlp Inc
99% goes to programs $0 to raise $100 Thin reserves Growing revenue
Center For Strategic Economic Studies and Institutional Dvlp Inc is a 501(c)(3) organization based in Los Angeles, California, registered in 2015, with $88,006,585 in FY2024 revenue. CharityIndex grades it B, and it directs about 99% of spending to programs.
767 S Alameda St Ste 340, Los Angeles, CA, 90021 EIN 52-2135889 Since 2015
Revenue (FY2024)
$88.0M
▲ 2433.9% vs prior year
Community median: $184K
Expenses (FY2024)
$86.6M
Net assets
$1.8M
Employees
0
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →A+Program efficiency40% of the rating99% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Center For Strategic Economic Studies and Institutional Dvlp Inc: 99% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
CFinancial health25% of the rating0 mo reserves · +2% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Center For Strategic Economic Studies and Institutional Dvlp Inc: 0 mo reserves · +2% margin earns a C on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Center For Strategic Economic Studies and Institutional Dvlp Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Center For Strategic Economic Studies and Institutional Dvlp Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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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.
What they do
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.
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.
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.
Contact & location
- Address
- 767 S Alameda St Ste 340, Los Angeles, CA, 90021
- City
- Los Angeles
- State
- California
- Subcategory
- Community Programs
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $164K (FY2018) to $88.0M (FY2024) across 7 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $4.2MNet assets $1.8M
Operating margin
1.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$6.0M
Total liabilities
$4.2M
Net assets
$1.8M
Salaries & benefits
$803K
1% of expenses
Board members
6
6 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $88,006,585▲2434% | $86,632,188▲2721% | $1,771,459▲346% | $5,986,983▲120% | 990 |
| 2023 | $3,473,182▲718% | $3,071,248▲175% | $397,062▲8253% | $2,721,946▲401% | 990 |
| 2022 | $424,696▼81.8% | $1,115,403▼36.0% | -$4,870▼101% | $543,226▼44.6% | 990 |
| 2021 | $2,337,084▼11.4% | $1,741,730▼33.8% | $685,837▲361% | $980,963▲34.6% | 990 |
| 2020 | $2,637,750▲2409% | $2,632,687▲2372% | $148,807▲3.5% | $728,629▲244% | 990 |
| 2019 | $105,123▼35.7% | $106,489▲176% | $143,744▼17.0% | $211,689▲22.3% | 990 |
| 2018 | $163,500 | $38,570 | $173,110 | $173,110 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Tunua Thrash-ntuk — $270,356 (0.31% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Tunua Thrash-ntuk | President & Ceo | 40 | $270,356 |
| Miranda Rodriguez | Vice President | 40 | $154,222 |
| Marina Garcia | Sr Project Mngr | 40 | $117,845 |
| Adey Tesafaye | Treasurer | 5 | — |
| Leeann Lynch | Board Member | 5 | — |
| Mckell Beamon | Secretary | 4 | — |
| P David Bramble | Board Member | 3 | — |
| Stan Washington | Chair | 5 | — |
| Warren Chambers | Board Member | 3 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Horne | Grant Administrator | $6,423,791 |
| Lendistry | Compliance/legal/accounti | $2,432,353 |
| Pivotal Strategies | Outreach and Ta Services | $141,000 |
| Klimt Consulting LLC | Outreach and Ta Services | $140,000 |
| The Little Big Project | Outreach and Ta Services | $140,000 |
Grants received · $425K total
7 grants to Center For Strategic Economic Studies and Institutional Dvlp Inc totaling $425K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Charities Aid Foundation America | Charitable donation | 2024 | $50,000 |
| Philadelphia Foundation | Increase bipoc professionals in leadership positions | 2024 | $50,000 |
| Philadelphia Foundation | Leadership project | 2023 | $50,000 |
| American Online Giving Foundation Inc | General support | 2022 | $30,000 |
| Philadelphia Foundation | General operating support | 2021 | $25,000 |
| American Online Giving Foundation Inc | General support | 2021 | $20,000 |
| San Francisco Foundation | Advised - for supporting small business through modernizing infrastructure for reporting, evaluation, and learning to better support your local community. | 2020 | $200,000 |
Grants made · $61K in FY2023
1 grant totaling $61K in FY2023. All grants made by Center For Strategic Economic Studies and Institutional Dvlp Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Diverseforce LLC | Fiscal sponsor/event sponsorships | $61,250 |
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Compare Center For Strategic Economic Studies and Institutional Dvlp Inc
Frequently asked questions
- Is Center For Strategic Economic Studies and Institutional Dvlp Inc a legitimate nonprofit?
- Yes. Center For Strategic Economic Studies and Institutional Dvlp Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 52-2135889, based in Los Angeles, California. Donations are tax-deductible.
- What is Center For Strategic Economic Studies and Institutional Dvlp Inc's EIN?
- Center For Strategic Economic Studies and Institutional Dvlp Inc's Employer Identification Number (EIN) is 52-2135889.
- How much revenue does Center For Strategic Economic Studies and Institutional Dvlp Inc report?
- Center For Strategic Economic Studies and Institutional Dvlp Inc reported $88,006,585 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Center For Strategic Economic Studies and Institutional Dvlp Inc's spending goes to programs?
- Center For Strategic Economic Studies and Institutional Dvlp Inc spends about 99% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Center For Strategic Economic Studies and Institutional Dvlp Inc have?
- CharityIndex grades Center For Strategic Economic Studies and Institutional Dvlp Inc B, based on program efficiency and fundraising cost.
- How much does Center For Strategic Economic Studies and Institutional Dvlp Inc's highest-paid employee make?
- The highest reported compensation on Center For Strategic Economic Studies and Institutional Dvlp Inc's latest Form 990 is $270,356, paid to Tunua Thrash-ntuk (President & Ceo).
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Data for Center For Strategic Economic Studies and Institutional Dvlp Inc (EIN 52-2135889) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.