PACIFIC COAST REGIONAL SMALL BUSINESS DEVELOPMENT CORPORATION

EIN: 953182187 501(c)(3) Community Improvement

LOS ANGELES, CA

Total Revenue
$6,690,917
Total Expenses
$6,593,518
Total Assets
$27,416,300
Net Assets
$18,319,608
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1977
Legal Domicile
CA
Principal Officer
MARK ROBERTSON SR
Phone
2137392999
Tax Period
2024-07-01 to 2025-06-30

PACIFIC COAST REGIONAL SMALL BUSINESS DEVELOPMENT CORPORATION, founded in 1977, is a community nonprofit in the Community Improvement sector that reported $6.7M in total revenue in fiscal year 2024. Revenue surged 28% from the prior year, signaling strong growth momentum. Net assets of $18.3M represent 33 months of operating reserves.

Mission

THE ORGANIZATION'S PRIMARY MISSION IS THE PROMOTION OF COMMUNITY ECONOMIC DEVELOPMENT, THROUGH THE DELIVERY OF FINANCIAL AND EDUCATIONAL SERVICES TO UNDERSERVED SMALL BUSINESS PERSONS AND COMMUNITIES. FURTHER IT IS THE PURPOSE OF THE ORGANIZATION TO ELIMINATE UNEMPLOYMENT OF THE COMMUNITY DISADVANTAGED AND STIMULATE ECONOMIC GROWTH AMONG MINORITY GROUPS AND DISABLED PERSONS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,101,167
Program Service Revenue $3,488,772
Investment Income $100,978
Other Revenue $0
TOTAL REVENUE $6,690,917

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,169,052
Fundraising Expenses $0
Program Expenses $4,098,248
Other Expenses $2,424,466
TOTAL EXPENSES $6,593,518

Year-over-Year Comparison

2024 2023 Change
Revenue $6,690,917 $5,226,434 +0.3%
Expenses $6,593,518 $5,119,213 +0.3%
Net Income $97,399 $107,221 -0.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
7
Independent Members
6
Employees
51
Volunteers
22

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$416,848
Total Directors
7
$416,848
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID ROSS CHAIRMAN 2.00
Officer Director
$0 $0 $0
DRUCILLA GARCIA-RICHARDSON VICE CHAIR 2.00
Officer Director
$0 $0 $0
HAROLD HART-NIBBRIG SECRETARY 18.00
Officer Director
$64,890 $0 $64,890
JAMES D HICKEN BOARD MEMBER 2.00
Director
$0 $0 $0
KAREN A CLARK TREASURER 2.00
Director
$0 $0 $0
MARK ROBERTSON SR PRESIDENT, CEO 40.00
Officer Director
$351,958 $0 $351,958
SERGIO SEPULVEDA BOARD MEMBER 2.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $6,690,917 $6,593,518 $27,416,300 $97,399
2024 $5,226,434 $5,119,213 $28,682,622 $107,221
2023 $6,614,553 $4,643,785 $23,719,949 $1,970,768
2022 $5,804,297 $3,947,105 $19,616,517 $1,857,192
2021 $11,894,942 $4,950,810 $22,353,411 $6,944,132
2020 $3,807,548 $3,412,381 $11,972,210 $395,167
2018 $3,499,239 $2,271,600 $9,775,992 $1,227,639
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