SPRINGBOARD CDFI
AI Summary
SPRINGBOARD CDFI is a nonprofit organization dedicated to bridging the wealth gap in America by providing scaled solutions and access to capital, with a focus on first-time homebuyers, people of color, and rural communities. With an operating budget of $432.2K and total revenue of $711K for the 2024 filing year, the organization is supported by major funders including the Wells Fargo Foundation, Jewish Community Foundation of San Diego, and The Ford Foundation. SPRINGBOARD CDFI does not rely on a single funder for 50% or more of its revenue.
Mission Statement
BRIDGING THE WEALTH GAP IN AMERICA BY PROVIDING SCALED SOLUTIONS AND ACCESS TO CAPITAL; WITH A FOCUS ON FIRST-TIME HOMEBUYERS, PEOPLE OF COLOR, AND RURAL COMMUNITIES.
Cause Areas
1
Housing services
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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 SPRINGBOARD CDFI’s budget?
In 2024, SPRINGBOARD CDFI reported an annual operating budget of around $432 thousand. More detailed financial information is available to registered users.
What causes does SPRINGBOARD CDFI support?
SPRINGBOARD CDFI supports work in Housing services.
Where does SPRINGBOARD CDFI operate?
SPRINGBOARD CDFI is headquartered in Riverside, CA.
Who funded SPRINGBOARD CDFI recently?
In 2021, SPRINGBOARD CDFI received grants from SPRINGBOARD SOCIAL ENTERPRISES, Jewish Community Foundation of San Diego, and Wells Fargo Foundation. More information on this organization’s funders is available to registered users.
What is the largest grant SPRINGBOARD CDFI received in 2021?
The largest grant to SPRINGBOARD CDFI in 2021 exceeds $193 thousand.