Mission
BUILDING A THRIVING COMMUNITY BY EMPOWERING A DIVERSE BASE OF ENTREPRENEURS AND BUSINESSES THROUGH ACCESS TO CAPITAL, EDUCATION, ADVOCACY AND OPPORTUNITY.
Public Charity
TRUE ACCESS CAPITAL CORPORATION
Based in WILMINGTON, DE, TRUE ACCESS CAPITAL CORPORATION operates as a Public Charity. The organization reported $4.6M in revenue, $3.8M in expenses, $25.6M in total assets for fiscal year 2024. Imperigo tracks 11 reported grant relationships connected to this organization totaling approximately $1.1M.
EIN: 510345258
WILMINGTON, DE
Financial Institutions
NTEE: W60
Latest filing: 2024
Total Revenue$4.6M
Total Expenses$3.8M
Total Assets$25.6M
Grant Records11
Funding Total$1.1M
Filing Years2020–2024
Where $100 goes at True Access Capital Corporation
How True Access Capital Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.
$92
Programs
the work itself
$6
Management
running the organization
$2
Fundraising
raising the next dollar
Inside the $92 for programs
$92
During 2024, True Access Capital Corporation made new loans as follows: micro loan fund - $320,300, business growth fund - $1,077,900, community facility fund - $598,900, commercial real…
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
GENERAL SUPPORT
$50,000
FINANCE JUSTICE FUND SUBGRANT
$300,000
GENERAL SUPPORT
$100,000
OFN CDFI TECH GRANT PROGRAM SUPPORTED BY GOOGLE.ORG
$75,000
TARGETED OUTREACH TO BIPOC COMMUNITIES
$15,000
Showing up to 5 of 11 total records — full history available with membership.
Officers & Directors
BOARD MEMBER
Barry L Lott
BOARD MEMBER
Derrick Robinson
BOARD MEMBER
Emanuel V Deshields
VICE CHAIR
Judith M Scarborough Cpa Cva Cff
BOARD MEMBER
Justin Poser
SVP, DIRECTOR OF LENDING
Lorenzo Merino
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $4.6M | $3.8M | $25.6M |
| 2023 | $3.8M | $3.4M | $24.4M |
| 2022 | $3.1M | $3.5M | $22.1M |
| 2021 | $8.3M | $2.6M | $20.2M |
| 2020 | $4.0M | $2.8M | $14.5M |
Between 2020 and 2024, reported annual revenue grew from $4.0M to $4.6M (+15%), with total assets most recently reported at $25.6M.
Interactive year-over-year charts and full filing details available with membership.