Community First Capital Corp
Community First Capital Corp reports fluctuating revenues and expenses, with significant liabilities relative to assets.
EIN: 200185800 · Lancaster, PA · NTEE: S31 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $662K |
| Total Expenses | $913K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $8,510,947 |
| Net Assets | $200K |
| Transparency Score | 75/100 |
Is Community First Capital Corp Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Community First Capital Corp directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Community First Capital Corp
Community First Capital Corp (EIN: 200185800) is a nonprofit organization based in Lancaster, PA, classified under NTEE code S31. The organization reported total revenue of $662K and total assets of $8.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Community First Capital Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Community First Capital Corp is a small nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $701K |
| Total Expenses | $913K |
| Surplus / Deficit | $-212,356 |
| Total Assets | $8.5M |
| Total Liabilities | $8.3M |
| Net Assets | $200K |
| Operating Margin | -30.3% |
| Debt-to-Asset Ratio | 97.7% |
| Months of Reserves | 111.8 months |
Financial Health Grade: C
In 2023, Community First Capital Corp reported a deficit of $212K with expenses exceeding revenue, holds 111.8 months of operating reserves (strong position), has a debt-to-asset ratio of 97.7% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Community First Capital Corp's revenue has grown at a compound annual growth rate (CAGR) of 6.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +47.7% | +207.1% | +9.6% |
| 2022 | -29.9% | -60.0% | -41.3% |
| 2021 | -49.8% | -7.3% | -24.8% |
| 2020 | +65.4% | +60.4% | +165.0% |
| 2019 | +22.0% | +17998.4% | -8.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Community First Capital Corp with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Community First Capital Corp allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $212K, with expenses exceeding revenue.
- Debt-to-asset ratio: 97.7%.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that no compensation is paid to officers, which is highly unusual for an organization of this asset size ($8,510,947 in 2023) and suggests a volunteer-led or externally compensated leadership structure.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Community First Capital Corp's IRS 990 filings:
- High liabilities relative to assets (e.g., $8,310,947 liabilities vs. $8,510,947 assets in 2023)
- Inconsistent financial performance with periods of significant deficits (e.g., $212,356 deficit in 2023)
- Significant fluctuation in asset base over recent years (e.g., from $17,606,260 in 2020 to $8,510,947 in 2023)
Strengths
The following positive indicators were identified for Community First Capital Corp:
- Consistent reporting of 0% officer compensation, indicating low executive overhead
- Substantial asset base for a nonprofit ($8,510,947 in 2023)
- Long operating history with 13 IRS 990 filings
Frequently Asked Questions about Community First Capital Corp
Is Community First Capital Corp a legitimate charity?
Based on AI analysis of IRS 990 filings, Community First Capital Corp (EIN: 200185800) some concerns. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
How does Community First Capital Corp spend its money?
Community First Capital Corp directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Community First Capital Corp tax-deductible?
Community First Capital Corp is registered as a tax-exempt nonprofit (EIN: 200185800). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Community First Capital Corp CEO make?
Community First Capital Corp's highest-compensated officer earns $8,510,947 annually. The organization reported $662K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Community First Capital Corp compare to similar nonprofits?
With a transparency score of 75/100 (Good), Community First Capital Corp is above average for NTEE category S31 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Community First Capital Corp located?
Community First Capital Corp is headquartered in Lancaster, Pennsylvania and files with the IRS under EIN 200185800. It is classified under NTEE code S31.
How many years of IRS 990 filings does Community First Capital Corp have?
Community First Capital Corp has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $662K in total revenue.
Is Community First Capital Corp financially stable given its fluctuating revenues and high liabilities?
The organization's financial stability warrants close monitoring. While it has substantial assets ($8,510,947 in 2023), its liabilities are nearly equal to its assets ($8,310,947 in 2023), indicating a high reliance on borrowed capital. The recent deficit in 2023 ($700,845 revenue vs. $913,201 expenses) also suggests a need for improved financial management to ensure long-term sustainability.
How does Community First Capital Corp manage its significant liabilities?
As a Community Development Financial Institution (CDFI), it's common for Community First Capital Corp to have high liabilities, as these often represent capital leveraged for community lending and investment programs. However, the specific strategies for managing these liabilities and ensuring repayment or refinancing are not detailed in the provided data and would require further investigation into their balance sheet and debt instruments.
What is the reason for the 0% officer compensation?
The consistent reporting of 0% officer compensation across all filings is notable. This could indicate that officers are volunteers, compensated through a related entity not reported on the 990, or that the organization operates with a very lean, non-salaried leadership structure. Without further information, the exact reason remains unclear, but it suggests a low administrative cost in this specific area.
Filing History
IRS 990 filing history for Community First Capital Corp showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Community First Capital Corp's revenue has grown by 113.8%, moving from $328K to $701K. Total assets increased by 314.3% over the same period, from $2.1M to $8.5M. Total functional expenses rose by 5146.5%, from $17K to $913K. In its most recent filing year (2023), Community First Capital Corp reported a deficit of $212K, with expenses exceeding revenue. The organization holds $8.3M in liabilities against $8.5M in assets (debt-to-asset ratio: 97.7%), resulting in net assets of $200K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $701K | $913K | $8.5M | $8.3M | — | — |
| 2022 | $475K | $297K | $7.8M | $7.6M | — | View 990 |
| 2021 | $677K | $744K | $13.2M | $13.0M | — | View 990 |
| 2020 | $1.3M | $803K | $17.6M | $17.4M | — | View 990 |
| 2019 | $815K | $501K | $6.6M | $6.4M | — | View 990 |
| 2018 | $668K | $3K | $7.2M | $7.0M | — | View 990 |
| 2017 | $555K | $29K | $6.7M | $0 | — | View 990 |
| 2016 | $456K | $80K | $5.5M | $0 | — | View 990 |
| 2015 | $376K | $63K | $4.4M | $126 | — | View 990 |
| 2014 | $251K | $239K | $3.6M | $0 | — | View 990 |
| 2013 | $216K | $98K | $3.1M | $0 | — | View 990 |
| 2012 | $318K | $131K | $2.3M | $15K | — | View 990 |
| 2011 | $328K | $17K | $2.1M | $125K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $701K, expenses of $913K, and assets of $8.5M (revenue +47.7% year-over-year).
- 2022: Revenue of $475K, expenses of $297K, and assets of $7.8M (revenue -29.9% year-over-year).
- 2021: Revenue of $677K, expenses of $744K, and assets of $13.2M (revenue -49.8% year-over-year).
- 2020: Revenue of $1.3M, expenses of $803K, and assets of $17.6M (revenue +65.4% year-over-year).
- 2019: Revenue of $815K, expenses of $501K, and assets of $6.6M (revenue +22.0% year-over-year).
- 2018: Revenue of $668K, expenses of $3K, and assets of $7.2M (revenue +20.3% year-over-year).
- 2017: Revenue of $555K, expenses of $29K, and assets of $6.7M (revenue +21.7% year-over-year).
- 2016: Revenue of $456K, expenses of $80K, and assets of $5.5M (revenue +21.3% year-over-year).
- 2015: Revenue of $376K, expenses of $63K, and assets of $4.4M (revenue +50.1% year-over-year).
- 2014: Revenue of $251K, expenses of $239K, and assets of $3.6M (revenue +15.9% year-over-year).
- 2013: Revenue of $216K, expenses of $98K, and assets of $3.1M (revenue -32.0% year-over-year).
- 2012: Revenue of $318K, expenses of $131K, and assets of $2.3M (revenue -3.1% year-over-year).
- 2011: Revenue of $328K, expenses of $17K, and assets of $2.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Community First Capital Corp:
Data Sources and Methodology
This transparency report for Community First Capital Corp is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.