AI Summary
FINANTA is a nonprofit lending institution with a mission to facilitate access to capital and consultation services for entrepreneurs, first-time homebuyers, and consumers in the Delaware Valley region. In 2020, the organization operated on a budget of $2.2 million, generating total revenue of $4 million, with significant funding coming from multiple sources, none of which provided 50% or more of its revenue. Through its services, FINANTA aims to empower individuals and small businesses by improving their financial access and opportunities.
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.
Cause Areas
1
Business and industry
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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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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.