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Michigan · Nonprofit

CHI ISHOBAK INC

CHI ISHOBAK INC (Michigan) receives grants from 5 organizations whose IRS filings report $1,282,500 to it, the largest being GS DONOR ADVISED PHILANTHROPY FUND FOR WEALTH MANAGEMENT INC ($1,000,000). 0 of them have funded it in more than one year, and 78% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2024
$3.4M
Funders on record
5
Grants received
$1.3M
Net assets
$14M
0/5 repeat funderspeak grant-dependency 5%
01What it does

What Chi Ishobak Inc does

Mission

It is the mission of chi ishobak to provide tribal citizens with access to affordable capital for the purpose of business loans and individual financial development through collaborative and education-oriented lending services and also to practice responsible lending in order to protect loan capital for future generations of tribal citizens.

As stated on its FY2024 Form 990.

Program

  1. To provide tribal citizens with access to affordable capital for the purpose of business loans, and individual financial development through collaborative and education-oriented lending services and to practice responsible lending in order to protect loan capital for future generations of the tribe. The goal is to increase the financial capacity for tribal citizens and create economic opportunities. Over 1,000 tribal citizens have benefited from commerical loans, consumer loans, business debelopment assistance, and individual financial coaching. More than 1.4 million has been disbursed for small business expansion, small business start-up, and consumer uses.

    $708,828 spentof which $18,723 as grants$602,298 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $708,828.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($597k) Expenses 100 ($329k) Net assets 100 ($1.6M)2018 Revenue 199 ($1.2M) Expenses 145 ($478k) Net assets 144 ($2.3M)2019 Revenue 244 ($1.5M) Expenses 165 ($541k) Net assets 203 ($3.2M)2020 Revenue 391 ($2.3M) Expenses 222 ($731k) Net assets 305 ($4.8M)2021 Revenue 426 ($2.5M) Expenses 173 ($570k) Net assets 427 ($6.8M)2022 Revenue 314 ($1.9M) Expenses 176 ($579k) Net assets 501 ($7.9M)2023 Revenue 688 ($4.1M) Expenses 204 ($672k) Net assets 720 ($11M)2024 Revenue 562 ($3.4M) Expenses 248 ($814k) Net assets 881 ($14M)
'17'18'19'20'21'22'23'24
Revenue (562)Expenses (248)Net assets (881)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $9.8M to $13M (+33%).

$2.0M
$3.1M
$4.4M
$6.5M
$9.2M
$9.8M
$13M
$15M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 85% · 2018 86% · 2019 78% · 2020 77% · 2021 77% · 2022 70% · 2023 83% · 2024 48%. Grants only. Government contracts and fees sit inside program revenue.

80% of CHI ISHOBAK INC’s revenue is contributions — more donation-reliant than the typical peer (61% for the typical peer).

This organization
Typical peer · 4,434 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 8 reported years ran a deficit.

$268k
’17
$711k
’18
$916k
’19
$1.6M
’20
$2.0M
’21
$1.3M
’22
$3.4M
’23
$2.5M
’24
65
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Bruce Molnar

Chair

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed91181010101010
Joined·+2+0+2+0+0+0+0
No longer listed·0300000
03Who funds it

Who funds it, year by year

2020 → 2021: the base narrowed from 2 funders to 1 funder, grant income rose $100k → $133k.

Funder
'20
'21
'24*
total
$133k
Ndn Collective Incunclassified
$50k
funders
2
1
2

1 of 5 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 78% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of CHI ISHOBAK INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

CHI ISHOBAK INC leans on a few funders — its largest provides 78% of grant income and the top three 92%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

100% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund CHI ISHOBAK INC.

78%
largest funder
92%
top three
~2
effective funders

Largest funder’s share by year: 2020 50% · 2021 100% — growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

78% of CHI ISHOBAK INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $283k that is directly attributable, 100% of it comes from funders outside Michigan, across 3 states.

SD
CO
DC

In-state vs out-of-state, by year

’20
’21
Michigan out of state home

Funder states come from each funder’s own filing. $1.0M arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

CHI ISHOBAK INC runs a healthier operating margin than three-quarters of the 4,203 community improvement nonprofits its size.

Operating margin76% · top quartile
Months of reserve64.7mo · top quartile
Revenue growth (annualized)28% · top quartile

this organization peer median middle 50% of peers· 4,203 community improvement nonprofits $1M–$10M, FY2024

Government funding CHI ISHOBAK INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $9.4M on record.

Federal$9.4M
grants $9.4Mcontracts $0
17
18
19
20
21
23
24
Top agencies
  • Department of the Treasury$9.4M

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like CHI ISHOBAK INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Michigan

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

87% of spending goes to programs.

Program 87%Management 12%Fundraising 1%

Governance

9
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990✓Audited financials

Public support

98%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for CHI ISHOBAK INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds CHI ISHOBAK INC?
CHI ISHOBAK INC (Michigan) receives grants from 5 organizations whose IRS filings report $1,282,500 to it, the largest being GS DONOR ADVISED PHILANTHROPY FUND FOR WEALTH MANAGEMENT INC ($1,000,000). 0 of them have funded it in more than one year, and 78% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does CHI ISHOBAK INC have?
IRS filings report 5 organizations giving $1,282,500 in grants to CHI ISHOBAK INC.
Who is the largest funder of CHI ISHOBAK INC?
GS DONOR ADVISED PHILANTHROPY FUND FOR WEALTH MANAGEMENT INC is the largest funder on record, with $1,000,000 in grants. The full list of funders is on this page.
How can an organization like CHI ISHOBAK INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Michigan. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Chi Ishobak →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 5 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing