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OPPORTUNITY FINANCE NETWORK

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Public nonprofit record

OPPORTUNITY FINANCE NETWORK

EIN 20-5189202 · Financial Institutions (W60)

What they do

OPPORTUNITY FINANCE NETWORKS (OFN) MISSION is to LEAD COMMUNITY DEVELOPMENT FINANCIALINSTITUTIONS (CDFIS) and THEIR PARTNERS to ENSURE THAT LOW-INCOME, LOW-WEALTH, and OTHER DISINVESTED PEOPLE and COMMUNITIES HAVE ACCESS to AFFORDABLE, RESPONSIBLE FINANCIAL PRODUCTS and SERVICES. OFN is A NATIONAL LEADERSHIP NETWORK of MORE THAN 450+CDFIS, INCLUDING COMMUNITY BANKS, CREDIT UNIONS, VENTURE FUNDS, and LOAN FUNDS. OFN, THROUGH ITS MEMBERS, INVESTS IN LOW-INCOME and UNDERSERVED RURAL, URBAN, and NATIVE AMERICAN COMMUNITIES ACROSS ALL 50 STATES IN AMERICA; PROVIDING AFFORDABLE, RESPONSIBLE CREDIT THAT FINANCES COMMUNITY BUSINESSES, SPARKS JOB GROWTH IN THE AREAS THAT NEED IT MOST, and DELIVERS BOTH SOUND FINANCIAL RETURNS and REAL CHANGES for PEOPLE and COMMUNITIES. OFNS PROGRAM SERVICE OFFERINGS INCLUDE PROVIDING FINANCIAL PRODUCTS and SERVICES for CDFIS, INCREASING THE STRENGTH and CAPACITY of THE CDFI INDUSTRY, and AMPLIFYING THE VOICE of THE INDUSTRY.

Money

Financial picture

Tax year 2025
Revenue$139,737,347
Expenses$33,082,322
Assets$2,739,933,864
Income$139,737,347
Contributions$25,493,544
Grants given$78,813,463
Average grant$157,312
Management$9,820,113
Executive compensation$2,469,456
Stocks and bonds$36,671,027
Accounting fees$405,514

About this charity

Recognized since
January 2008
Location
901 D STREET SW SUITE 1050, WASHINGTON, DC 20024
County
Philadelphia
In care of
KEVIN FRYATT
Primary officer
KEVIN FRYATT, EVP, CHIEF FINANCIAL OFFICER

How to reach them

Filing and classification

Latest tax year
2025
Tax period began
January 1, 2025
Return type
990
Tax preparer
MITCHELL & TITUS LLP
NTEE classification
Financial Institutions (W60)
IRS tax category
Financial Institutions
Grant-giving organization
Yes
More public IRS record details

These are classification codes from the organization’s public nonprofit record.

Subsection
03
Affiliation
3
Classification
1200
Deductibility
1
Foundation
16
Organization
1
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About this report: Information comes from public nonprofit records and may show the latest filing available.

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