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About Us

Financials

Consolidated Statement of Financial Position

Assets

Dollars in thousands20252024
Cash and Cash Equivalents28,61435,642
Loans receivable, net of allowance133,33997,422
Investments69,33265,604
Prepaid expenses & other assets1,7181,707
TOTAL ASSETS233,002200,376

Liabilities and Net Assets

Liabilities

Dollars in thousands20252024
Accounts payable and accrued expenses4,2984,657
Investor notes payable114,437109,965
Other notes payable8,5009,500
TOTAL LIABILITIES127,234124,122

Net Assets

Net assets without donor restrictions105,61876,103
Net assets with donor restrictions150150
TOTAL NET ASSETS105,76876,253
TOTAL LIABILITIES AND NET ASSETS233,002200,376

Consolidated Statement of Activities & Changes in Net Assets

Revenues, Gains, and Other Support

Dollars in thousands20252024
Interest income and net investment income10,4969,252
Gifts to DAFs, other gifts, and fee revenue78,59538,823
TOTAL REVENUES, GAINS AND OTHER SUPPORT89,09248,096

Expenses

Dollars in thousands20252024
Grants from DAFs and program expenses50,51567,026
Management and general expenses2,1491,891
TOTAL EXPENSES59,57768,917
CHANGES IN NET ASSETS29,515(20,821)
NET ASSETS AT BEGINNING OF YEAR76,25397,075
NET ASSETS AT END OF YEAR105,76876,253

The Statement of Activities has been segmented into primary sources of revenue and expense. For full disclosure, please refer to the 2025 audited financials linked below.