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Illinois · Public charity

Financial Health Network Inc

The financial health network is a trusted resource for business leaders, policymakers, and innovators united in a mission to improve the financial health of their customers, employees, and communities. We envision a future where all people, especially the most vulnerable, have the financial systems they need to be resilient and thrive.…

$25k
Granted FY2023
1
Grants FY2023
1
Organizations funded FY2023
100%
First-time grantees FY2023
Read the full brief
Median grant, FY2023
$25,000
Largest grant, FY2023
$25,000
Organizations funded a year
1 to 28
FY2017 to FY2023
States reached, FY2023
1
Total assets, FY2023
$23M

How open it is to new grantees

In FY2023, 100% of the organizations Financial Health Network Inc funded were first-time grantees, receiving 100% of its grant dollars.

New vs renewed · share of each year

In FY2023, 0% of grant dollars renewed an existing relationship; $25k went to new ones.

50%100%’18’19’20’21’22’23
RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

’18’19’20’21’22’23
Human ServicesCrime & LegalCommunity ImprovementPhilanthropyEnvironmentArts & CultureOther
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.
The numbers by year
Fiscal yearOrganizations fundedTo those organizationsFirst-time grantees
FY20231$25k100%
FY20225$470k80%
FY202110$700k100%
FY202012$861k75%
FY201913$194k38%
FY201828$1.0M82%
FY201715$96kn/a
100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2023.

Community Improvement$1.1MHuman Services$627kYouth Development$325kCrime & Legal$325kPhilanthropy$272kEducation$165kPublic Safety & Disaster$151kHousing & Shelter$127kOther$0

Where its grants go

Grant dollars by states, across the years we hold.

Which US states its grants reach

WA
IL
MI
NY
MA
NV
IA
NJ
CA
NE
MO
MD
DE
AZ
DC
LA
AL

Top grantees

Largest recipients by total granted, FY2017 to FY2023, and the share of each one’s budget the grants supplied at peak.

GranteeTotal grantedYearsShare of their budget
Onward$178,2002n/a
Local Initiatives Support Corporation$166,65020%
Greenpath Inc$150,50010%
Givedirectly Inc$150,00010%
MyPath$150,00016%
Edquity Inc$150,0001n/a
Earn Inc$132,00031%
Henry Street Settlement$125,00010%
Upsolve Inc$125,00013%
Resources Legacy Fund$110,00010%
Show all 66 grantees
All grantees of Financial Health Network Inc by total granted
GranteeTotal grantedYearsShare of their budget
Onward$178,2002n/a
Local Initiatives Support Corporation$166,65020%
Greenpath Inc$150,50010%
Givedirectly Inc$150,00010%
MyPath$150,00016%
Edquity Inc$150,0001n/a
Earn Inc$132,00031%
Henry Street Settlement$125,00010%
Upsolve Inc$125,00013%
Resources Legacy Fund$110,00010%
finEQUITY Inc$100,000111%
Pie for Providers Ltd$100,000130%
Neighborhood Trust Financial Partners Inc$100,00021%
The Flagstone Initiative Inc$90,000111%
Nebraska Early Childhood Collaborative$90,00011%
Latin United Community Housing Assn$76,65012%
Heartland Human Care Services Inc$76,65010%
Greater Birmingham Ministries$75,00016%
Women's Institute for a Secure Retirement$75,000113%
Restorative Strategies LLC$65,0001n/a
Auburn University$60,0001n/a
Unidosus$50,00010%
Change Machine$50,00011%
Hebrew Free Loan Society Inc$50,00011%
The Workers Lab$50,00011%
Credit Builders Alliance Inc$50,00012%
Justine Petersen Housing And Reinvestment Corporation$50,00011%
The Anti-Recidivism Coalition$50,00010%
Urban League of Essex County$50,00011%
The Urban Institute$50,00020%
Accion Opportunity Fund Inc$50,00011%
Justice and Accountability Center of Louisiana$50,00018%
The Directors Council$50,000110%
Compass Working Capital Inc$50,00011%
Ircs Center for Economic Opportunity Inc$50,00012%
San Francisco Consumer Action$50,00013%
Moneythink$25,00012%
Ascend Consumer Finance Inc$16,2261n/a
Even Responsible Finance Inc$15,0001n/a
Futurefuelio$14,0001n/a
Petal Card Inc$13,0002n/a
This Is Alice Inc$13,0002n/a
Students of Wealth Inc (Goalsetter)$12,0002n/a
Winwin (Fatcat Financial Inc)$11,0002n/a
Tomorrow Ideas Inc$10,0002n/a
Nova Credit Inc$10,0002n/a
Abaris Financial Inc$10,0002n/a
Wisebanyan Inc$9,0001n/a
Mason Finance Inc$8,5002n/a
Resolve Innovations Inc$8,5002n/a
Sixup Pbc Inc$7,0002n/a
Token Transit Inc$6,0001n/a
Grove Holdings Inc$6,0002n/a
Point Digital Finance Inc$6,0001n/a
Aiuto$5,8001n/a
Manifesthq Inc$5,6001n/a
Ziero Financial Inc$4,8001n/a
Brightside Benefit Inc$4,0001n/a
Scratch Services Inc$4,0001n/a
Earnup Inc$2,0001n/a
Albert Corporation$2,0001n/a
Everlance Inc$2,0001n/a
Elderscan LLC Dba Eversafe$2,0001n/a
Remedy Labs Inc$2,0001n/a
One Financial Holdings Group Inc$1,0001n/a
Dave Inc$1,0001n/a

Plus 1 recipient with no EIN on record ($25k), not named here.

Where it is load-bearing

Financial Health Network Inc supplied at least a quarter of the budget for 1 of its grantees at some point. The chart plots its 33 largest grantees; load-bearing ones sit top left.

25%50%75%100%$1.0M$10M$100Mgrantee revenue →↑ funder's share of their budgetLocal Initiatives Support Corporation: $166,650 over 2y, 0.0% of budgetGreenpath Inc: $150,500 over 1y, 0.3% of budgetGivedirectly Inc: $150,000 over 1y, 0.1% of budgetMyPath: $150,000 over 1y, 5.8% of budgetEarn Inc: $132,000 over 3y, 1.2% of budgetHenry Street Settlement: $125,000 over 1y, 0.3% of budgetUpsolve Inc: $125,000 over 1y, 3.4% of budgetResources Legacy Fund: $110,000 over 1y, 0.3% of budgetfinEQUITY Inc: $100,000 over 1y, 11% of budgetPie for Providers Ltd: $100,000 over 1y, 30% of budgetNeighborhood Trust Financial Partners Inc: $100,000 over 2y, 0.8% of budgetThe Flagstone Initiative Inc: $90,000 over 1y, 11% of budgetNebraska Early Childhood Collaborative: $90,000 over 1y, 0.5% of budgetLatin United Community Housing Assn: $76,650 over 1y, 1.7% of budgetHeartland Human Care Services Inc: $76,650 over 1y, 0.1% of budgetGreater Birmingham Ministries: $75,000 over 1y, 6.4% of budgetWomen's Institute for a Secure Retirement: $75,000 over 1y, 13% of budgetUnidosus: $50,000 over 1y, 0.1% of budgetChange Machine: $50,000 over 1y, 1.4% of budgetHebrew Free Loan Society Inc: $50,000 over 1y, 0.7% of budgetThe Workers Lab: $50,000 over 1y, 0.7% of budgetCredit Builders Alliance Inc: $50,000 over 1y, 2.4% of budgetJustine Petersen Housing And Reinvestment Corporation: $50,000 over 1y, 0.7% of budgetThe Anti-Recidivism Coalition: $50,000 over 1y, 0.4% of budgetUrban League of Essex County: $50,000 over 1y, 0.7% of budgetThe Urban Institute: $50,000 over 2y, 0.0% of budgetAccion Opportunity Fund Inc: $50,000 over 1y, 0.9% of budgetJustice and Accountability Center of Louisiana: $50,000 over 1y, 8.1% of budgetThe Directors Council: $50,000 over 1y, 10% of budgetCompass Working Capital Inc: $50,000 over 1y, 0.8% of budgetIrcs Center for Economic Opportunity Inc: $50,000 over 1y, 1.8% of budgetSan Francisco Consumer Action: $50,000 over 1y, 2.5% of budgetMoneythink: $25,000 over 1y, 1.9% of budget

Tap a dot to name the grantee.

How this is measured
Share of budget is the funder’s grant in a year over the grantee’s total revenue that year, at its highest across the years we hold; revenue is from all sources. Only grantees confirmed against their own filings, whose grants do not exceed their revenue, are plotted: the largest 33.

Nonprofits that may fit its grantmaking

Co-funders

Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.

Wells Fargo FoundationMN18.2× affinity8 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: Wells Fargo Foundation · The Prudential Foundation · Ideoorg · Citi Foundation · Annie E Casey Foundation Inc · Robin Hood Foundation · Rockefeller Philanthropy Advisors Inc · Capital One Foundation Inc · WK Kellogg Foundation · Tides Foundation · Silicon Valley Community Foundation · Fidelity Foundation

How this is measured
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

Compare Financial Health Network Inc with peer funders

About Financial Health Network Inc

How much does Financial Health Network Inc give?
Financial Health Network Inc reported 1 grants totaling $25,000 in its FY2023 IRS filing. It funded between 1 and 28 organizations a year over FY2017 to FY2023.
What does Financial Health Network Inc fund?
By grant dollars over FY2017 to FY2023, its largest causes are Community Improvement (31%), Human Services (19%), Youth Development (10%).
Who are Financial Health Network Inc's largest grantees?
By total granted over FY2017 to FY2023: Onward ($178k), Local Initiatives Support Corporation ($167k), Greenpath Inc ($151k).
Does Financial Health Network Inc fund new organizations?
In FY2023, 100% of the organizations it funded were first-time grantees.
Which funders back the same organizations as Financial Health Network Inc?
Its strongest co-funders, measured against what their size predicts, include Wells Fargo Foundation, The Prudential Foundation, Ideoorg.
Where is Financial Health Network Inc based?
Financial Health Network Inc is based in IL.

On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 67 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

How this is measured
Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

Generated from the IRS Form 990 e-file return for fiscal year 2023, released 2023. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Possibly out of date. A more recent filing (FY2024) is on record and reports no grant expense, so the figures above are from FY2023, the most recent year this funder made grants.

Source object · view filing

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