FINANTA

PHILADELPHIA, PA, US
501(c)3
EIN
23-2857766
PHILADELPHIA, PA, US
501(c)3
EIN
23-2857766

Overview

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Est.

1996

Fiscal Year Start

Jul 1

Organization Type

Grantseeker
AI Summary
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FINANTA is a nonprofit lending institution with an EIN of 23-2857766, dedicated to facilitating access to capital and consultation services for entrepreneurs, first-time homebuyers, and consumers in the Delaware Valley region. In 2020, the organization operated with a budget of $2.2 million and reported total revenue of $4 million, supported by multiple significant funders. FINANTA does not rely on a single funder for more than 50% of its revenue, ensuring a diverse funding base to support its mission.

Mission Statement

FINANTA IS A NONPROFIT LENDING INSTITUTION FACILITATING ACCESS TO CAPITAL AND CONSULTATION SERVICES TO ENTREPRENEURS, FIRST-TIME HOMEBUYERS AND CONSUMERS IN THE DELAWARE VALLEY REGION.
Revenues

$4M

Expenses

$2.2M

Net Income:
+$1.8M
Assets

$26.7M

Liabilities

$6.8M

Net Assets:
+$20M
Operating Budget

$2.2M

Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants

4

Median grant size
$17.5K
Largest grant received
$25K
L
Luis Mora
Board Member
C
Corinne Samler Brennan Esq
Board Member
R
Robin Lincoln
Board Member

Frequently Asked Questions

What is FINANTA’s budget?
In 2020, FINANTA reported an annual operating budget of around $2.2 million. More detailed financial information is available to registered users.
What causes does FINANTA support?
FINANTA supports work in Business and industry.
Where does FINANTA operate?
FINANTA is headquartered in PHILADELPHIA, PA.
Who funded FINANTA recently?
In 2020, FINANTA received grants from TIDES FOUNDATION, TD CHARITABLE FOUNDATION, and NATIONAL ASSOCIATION FOR LATINO COMMUNITY ASSET BUILDERS. More information on this organization’s funders is available to registered users.
What is the largest grant FINANTA received in 2020?
The largest grant to FINANTA in 2020 exceeds $25 thousand.
What is FINANTA’s reliance on government grants?
FINANTA relied on government grants for more than 35% of their total revenue in 2020.
Overview
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