Overview

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Est.

2014

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

EXODUS FINANCIAL SERVICES is a Minnesota-based nonprofit focused on financial services, human rights, and human services, with a mission to expand access to small-dollar, 0% interest consumer loans for financially excluded residents while building community power through organizing and advocacy. In filing year 2024, it reported an operating budget of $765.3K and total revenue of $5M, with major funders including The Bush Foundation, The McKnight Foundation, and OTTO BREMER TRUST.

Mission Statement

EXODUS LENDING WORKS WITH FINANCIALLY EXCLUDED MINNESOTANS TO ADVANCE ECONOMIC JUSTICE THROUGH CONSUMER LENDING, COMMUNITY ORGANIZING, AND ADVOCACY. WE AIM TO BREAK THE CYCLE OF FINANCIAL ABUSE, DISINVESTMENT, AND DISTRESS FOR LOW-INCOME COMMUNITIES AND COMMUNITIES OF COLOR WHICH THE CURRENT CREDIT AND BANKING SYSTEM EXCLUDES, EXPLOITS, AND ENTRAPS AT AN ALARMING RATE. OUR VISION IS TO EXPAND ACCESS TO SMALL DOLLAR-STABILIZING CAPITAL FOR FINANCIALLY EXCLUDED AND EXTRACTED MINNESOTANS WHILE BUILDING COMMUNITY POWER AND AGENCY TO PREVENT AND ELIMINATE PREDATORY LENDING SCHEMES IN OUR STATE AND NATION. WE DO THIS BY PROVIDING IMMEDIATE RELIEF TO MINNESOTANS EXPERIENCING FINANCIAL STRESS OR TRAUMA THROUGH ONE OF OUR 0% INTEREST CONSUMER SMALL-DOLLAR LOANS AND INVITING IMPACTED COMMUNITIES INTO OUR ADVOCACY AND ORGANIZING COALITION, MINNESOTANS FOR FAIR LENDING.
Revenues
$5M
Expenses
$765.3K
Net Income:
+$4.2M
Assets
$5M
Liabilities
$354.1K
Net Assets:
+$4.6M
Operating Budget
$765.3K
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
5
Median grant size
$14.6K
Largest grant received
$4.2M
A
Anne Leland Clark
Board Member
R
Ryan Smith
Board Member
M
Melissa Juliette
Board Member
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Frequently Asked Questions

What is EXODUS FINANCIAL SERVICES’s budget?
In 2024, EXODUS FINANCIAL SERVICES reported an annual operating budget of around $765 thousand. More detailed financial information is available to registered users.
What causes does EXODUS FINANCIAL SERVICES support?
EXODUS FINANCIAL SERVICES supports work in Financial services, Human rights, and Human services.
Where does EXODUS FINANCIAL SERVICES operate?
EXODUS FINANCIAL SERVICES is headquartered in St. Paul, MN.
Who funded EXODUS FINANCIAL SERVICES recently?
In 2025, EXODUS FINANCIAL SERVICES received grants from TARGET FOUNDATION, THE BUSH FOUNDATION, and The McKnight Foundation. More information on this organization’s funders is available to registered users.
What is the largest grant EXODUS FINANCIAL SERVICES received in 2024?
The largest grant to EXODUS FINANCIAL SERVICES in 2024 exceeds $4.2 million.
What is EXODUS FINANCIAL SERVICES’s reliance on government grants?
EXODUS FINANCIAL SERVICES relied on government grants for less than 5% of their total revenue in 2024.