Second Look Capital Inc is located in Richmond, VA. The organization was established in 1995. According to its NTEE Classification (W60) the organization is classified as: Financial Institutions, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Second Look Capital Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2016, Second Look Capital Inc generated $131.0k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 32.3% each year . All expenses for the organization totaled $154.0k during the year ending 12/2016. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2016
Describe the Organization's Program Activity:
Part 3
ASSISTING SMALL BUSINESS STARTING UP WITH LOANS HELD BY SECOND LOOK WITH A CONCENTRATION ON MINORITY AND CLOSELY HELD BUSINESSES
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $13,460 |
| Membership dues | $0 |
| Investment income | $4,254 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $113,257 |
| Total Revenue | $130,971 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $135,355 |
| Professional fees and other payments to independent contractors | $4,260 |
| Occupancy, rent, utilities, and maintenance | $3,215 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $11,173 |
| Total expenses | $154,003 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $108,968 |
| Other assets | $0 |
| Total assets | $201,281 |
| Total liabilities | $140,361 |
| Net assets or fund balances | $60,920 |