Community Development : Housing and Neighborhood Development

ACCION San Diego

Lending. Supporting. Inspiring.

four stars

94.74

404 Euclid Avenue Suite 271
San Diego, CA 92114
tel: (619) 795-7250   Web Site
EIN: 33-0620415

Board Leadership
Gordon Boerner
Chair

CEO
Elizabeth Schott
CEO

  Score
(out of 100)
Rating
Overall Score & Rating 94.74 four stars
  Financial 97.50 four stars
  Accountability & Transparency 93.00 four stars
This rating was published 03/01/2020 and includes data from FY2018, the most recent 990 received at that time.

Accion is a nonprofit, mission-based lender dedicated to connecting entrepreneurs with the accessible financing and resources it takes to create and grow healthy businesses. By providing loans up to $100,000, Accion creates opportunity for increased income, economic stability and employment.

The mission of Accion is to provide economic opportunity for low-to-moderate income business owners who lack access to traditional sources of credit. Through business loans and support services, Accion strengthens the foundations of emerging entrepreneurs and helps them to thrive in their communities, creating positive social and economic change.

Accion Serving Southern California lends in Imperial, Riverside, San Bernardino and San Diego counties.

Accion is a nonprofit, mission-based lender dedicated to connecting entrepreneurs with the accessible financing and resources it takes to create and grow healthy businesses. By providing loans up to $100,000, Accion creates opportunity for increased income, economic stability and employment.

The mission of Accion is to provide economic opportunity for low-to-moderate income business owners who lack access to traditional sources of credit. Through business loans and support services, Accion strengthens the foundations of emerging entrepreneurs and helps them to thrive in their communities, creating positive social and economic change.

Accion Serving Southern California lends in Imperial, Riverside, San Bernardino and San Diego counties.

Impact Information

GuideStar is Charity Navigator's trusted partner in sharing information on how this organization seeks impact.  GuideStar has recognized this organization with a Platinum Seal of Transparency for voluntarily and publicly sharing information about how they measure their progress and results.  Learn More about Impact Information.
Reported Results
Total in 2019
Total dollar amount of loans issued
4,799,800
Number of jobs created and maintained
629
This impact information is current as of March 2020, when it was provided to us by GuideStar. At this time, Impact information published on this organization's page has no effect on its rating per our methodology.

Financial

four stars

97.50

Accountability & Transparency

four stars

93.00

This rating was published 03/01/2020 and includes data from FY2018, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
94.6%
  Administrative Expenses 4.5%
  Fundraising Expenses 0.8%
  Fundraising Efficiency < $0.01
  Working Capital Ratio (years) 4.24
  Program Expenses Growth 22.0%
  Liabilities to Assets 16.7%
All data for Financial Performance Metrics calculations was provided by ACCION San Diego on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by ACCION San Diego on recent 990s filed with the IRS.
REVENUE  
Contributions  
   Contributions, Gifts & Grants $770,004
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $947,377
Total Contributions $1,717,381
   Program Service Revenue $1,283,271
Total Primary Revenue $3,000,652
   Other Revenue $4,609
TOTAL REVENUE $3,005,261
   
EXPENSES  
   Program Expenses $2,284,417
   Administrative Expenses $105,773
   Fundraising Expenses $21,154
TOTAL FUNCTIONAL EXPENSES $2,411,344
   
Payments to Affiliates $0
Excess (or Deficit) for the year $593,917
   
Net Assets $9,433,249

Charts

Compensation % of Expenses Paid to Title
$119,718 4.96% Elizabeth Schott CEO

Mission

Accion is a nonprofit, mission-based lender dedicated to connecting entrepreneurs with the accessible financing and resources it takes to create and grow healthy businesses. By providing loans up to $100,000, Accion creates opportunity for increased income, economic stability and employment.

The mission of Accion is to provide economic opportunity for low-to-moderate income business owners who lack access to traditional sources of credit. Through business loans and support services, Accion strengthens the foundations of emerging entrepreneurs and helps them to thrive in their communities, creating positive social and economic change.

Accion Serving Southern California lends in Imperial, Riverside, San Bernardino and San Diego counties.

Highly Rated

Charity Name & State Overall Score Overall Rating
ACCION San Diego (CA) 94.74 four stars
Ventures (WA) 91.58 four stars
Hebrew Free Loan of Metropolitan Detroit (MI) 89.95 three stars
Commonwealth (MA) 88.26 three stars
Hope Enterprise Corporation (MS) 87.76 three stars

Compare These Charities (Highly Rated)

Charity Contact Info

ACCION San Diego
404 Euclid Avenue
Suite 271
San Diego, CA 92114
tel: (619) 795-7250
EIN: 33-0620415

Visit Web Site

Board Leadership

Gordon Boerner
Chair

CEO

Elizabeth Schott
CEO