Mission
HELP UNDERSERVED, UNDER-REPRESENTED SMALL BUSINESS OWNERS OVERCOME CHALLENGES THEY FACE DUE TO LACK OF ACCESS TO CAPITAL AND TO ASSIST THEM IN INCREASING BUSINESS CAPACITY RESULTING IN HIGHER REVENUE GROWTH AND PROVIDING MORE JOBS.
Public Charity
FOUNDERS FIRST COMMUNITY DEVELOPMENT CORPORATION INC
FOUNDERS FIRST COMMUNITY DEVELOPMENT CORPORATION INC, of SAN DIEGO, CA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $2.3M in revenue, $5.3M in expenses, $662K in total assets. 29 publicly reported grants to this organization, totaling roughly $5.6M, appear in IRS filings.
EIN: 743166719
SAN DIEGO, CA
Education N.E.C.
NTEE: B99
Latest filing: 2024
Total Revenue$2.3M
Total Expenses$5.3M
Total Assets$662K
Grant Records29
Funding Total$5.6M
Filing Years2020–2024
Where $100 goes at Founders First Community Development Corporation Inc
How Founders First Community Development Corporation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
$94
Programs
the work itself
$5
Management
running the organization
$1
Fundraising
raising the next dollar
Inside the $94 for programs
$32
FastPath:FastPath is designed for companies generating $1 million to $5 million in annual revenues
$27
Bootcamp:Bootcamp is for entrepreneurs with established businesses, earning a minimum of $250K in annual revenue, who want to achieve rapid growth
$15
Passport to Funding A five hour, online, interactive, self-paced certification program designed to educate and guide small business owners through the major hurdles stopping them from obtaining the…
Plus 3 more programs. Cost per person served and the full program breakdown are on the full profile.
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
$1,435,000
For grant recipient's exempt purposes
$551,000
Education
$250,000
GENERAL SUPPORT
$50,000
EDUCATION
$45,000
Showing up to 5 of 29 total records — full history available with membership.
Officers & Directors
Vice President
Catherine Costa
Chairman
Kim Folsom
Trustee
Kurtis Trevan
Secretary
Maurice Wilson
Trustee
Randy Frisch
Trustee
Rohan Kale
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $2.3M | $5.3M | $662K |
| 2023 | $1.4M | $2.0M | $2.5M |
| 2022 | $3.1M | $2.8M | $1.5M |
| 2021 | $1.5M | $1.1M | $631K |
| 2020 | $317K | $323K | $514K |
Between 2020 and 2024, reported annual revenue grew from $317K to $2.3M (+640%), with total assets most recently reported at $662K.
Interactive year-over-year charts and full filing details available with membership.