Florida First Capital Finance Corporation Inc
Public records raise at least one point you should look into before giving.
What it says it does
PROVIDING ECONOMIC DEVELOPMENT ASSISTANCE AND ASSURING ACCESS TO CAPITAL FOR THE SMALL BUSINESS COMMUNITY IN ITS AREA OF OPERATIONS THROUGH LOAN PACKAGING, CLOSING, AND ADMINISTRATION UNDER FEDERAL, STATE AND LOCAL LOAN PROGRAMS. IN ADDITION TO ORDINARY LOAN PROGRAMS, THE ORGANIZATION DELIVERS AND ADMINISTERS FUNDS UNDER VARIOUS STATE EMERGENCY LOAN PROGRAMS FOR DISASTER-AFFECTED SMALL BUSINESSES.
- Income
- $22.6 million
- Spending
- $11.9 million
- Employees
- 65
- Volunteers
- 18
- Highest pay
- $882,418, president & ceo
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Financial health
We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Governance
This return does not answer enough of the governance questions to score.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $11.0 million spent. THE ORGANIZATION IS DEDICATED TO INSURING THAT SMALL BUSINESSES IN ITS AREA OF OPERATIONS MAINTAIN ADEQUATE ACCESS TO THE CAPITAL THEY REQUIRE TO GROW, PROSPER AND INCREASE EMPLOYMENT AND ECONOMIC ACTIVITY IN THE COMMUNITIES IN WHICH THEY OPERATE. THE ORGANIZATION IS AUTHORIZED TO ADMINISTER THE SMALL BUSINESS ADMINISTRATION 504 LOAN PROGRAM, WHICH IS DESIGNED TO PROVIDE ECONOMIC ASSISTANCE TO SMALL BUSINESSES, LOANS FROM THE FLORIDA RECYCLING DEVELOPMENT FUND, WHICH PROVIDES LOANS TO SMALL BUSINESSES AT COMPETITIVE INTEREST RATES TO ACQUIRE OR CONVERT RECYCLING EQUIPMENT AND/OR FUND RESEARCH AND DEVELOPMENT OF RECYCLING PROCESSES, AND LOAN PROGRAMS NECESSITATED BY VARIOUS DISASTERS THROUGHOUT THE STATE.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(4) social welfare organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Caution.
The IRS master file records contributions to this 501(c)(4) social welfare organization as not deductible.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since October 1985.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.