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Pennsylvania Cdfi Network
Pennsylvania Cdfi Network reported $19.6 million in revenue and $16.7 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $98.67 went to program services, $1.33 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 99.7% of the total. Government grants made up 92.9%. The highest compensation it reported for one person was $240,625 (CEO). 1 person received more than $100,000 in reportable compensation. Revenue fell 93% between FY2021 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $17MFor context, the median across 479 covered community improvement & capacity building charities: $90.45 programs, $9.31 management, $0.24 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $20MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 98.7% | 89.1% |
| Management & general Part IX 25(C) ÷ 25(A) | 1.3% | 9.2% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.2% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.00 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 99.7% | 80.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 92.9% | 14.9% |
| Program service revenue share Part VIII 2g ÷ 12 | 0.0% | 11.9% |
| Highest reported compensation Part VII-A, columns D–F | $240,625 | $291,103 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.44% | 1.49% |
| People paid over $100,000 Part VII, line 2 | 1 | 5 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 3.2 | 9.2 |
| Independent voting board members Part VI 1a–1b | 9 of 9 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseThe pa Cdfi Network collaborates on regional and statewide initiatives to support small businesses. It has the capacity to engage with large-scale funders, allowing for the deployment of more resources to a wider range of business owners than any one cdfi can serve. In 2020-2021, the network obtained 249 million from cares act resources to manage state and county-based programs and delivered the keep your doors open program. As a result, 14,500 small businesses received recovery grants. (continued on schedule o)
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here1 people received more than $100,000 in reportable compensation from Pennsylvania Cdfi Network (Part VII, line 2). Compensation of current officers, directors and key employees totaled $234K (Part IX, line 5).
5 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b9 · 9 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13No
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 53
- Volunteers Part I, line 610
Private foundation grants it received
1 private foundation reported grants to Pennsylvania Cdfi Network totaling $250K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Pennsylvania Cdfi Network's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Pennsylvania Cdfi Network, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Pennsylvania Cdfi Network spent in FY2025, $98.67 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Community CrossroadsAtkinson, NH · revenue $20M · programs 91.2% · FY2025
- Home at Last Community Development CorpCulver City, CA · revenue $20M · programs 85.0% · 2024
- Society of Women EngineersChicago, IL · revenue $19M · programs 74.5% · FY2025
- Hampton Roads Community Action ProgramNewport News, VA · revenue $20M · programs 90.2% · FY2025
- Tri-County Opportunities CouncilRock Falls, IL · revenue $19M · programs 89.6% · 2025
All community improvement & capacity building charities · Largest charities in Pennsylvania
Questions people ask
How much of Pennsylvania Cdfi Network's spending goes to programs?
In the fiscal year ending June 30, 2025, Pennsylvania Cdfi Network reported that 98.7% of its $16.7 million in expenses went to program services, 1.3% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Pennsylvania Cdfi Network pay its top executive?
The largest total compensation Pennsylvania Cdfi Network reported for one person in the fiscal year ending June 30, 2025 was $240,625, for the role of CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Pennsylvania Cdfi Network get its money?
Of $19.6 million in revenue in the fiscal year ending June 30, 2025, 99.7% came from contributions and grants (including 92.9% from government grants) and 0.0% from program service revenue (Form 990, Part VIII).
Is Pennsylvania Cdfi Network a registered charity?
The IRS lists EIN 23-2920364 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025 (amended), object 202621599349300017 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024 (amended), object 202521609349300967 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202411359349305051 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202321359349320172 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202201339349308375 · read the filing
All filings for EIN 23-2920364: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.