Pennsylvania · Nonprofit
PENNSYLVANIA CDFI NETWORK
PENNSYLVANIA CDFI NETWORK (Pennsylvania) receives grants from 11 organizations whose IRS filings report $1,514,231 to it, the largest being The Bank of America Charitable Foundation Inc ($750,000). 3 of them have funded it in more than one year.
- Revenue FY2025
- $20M
- Funders on record
- 11
- Grants received
- $1.5M
- Net assets
- $4.4M
What Pennsylvania Cdfi Network does
Mission
The pa cdfi network is organized exclusively for charitable and educational purposes of providing information, advice and necessary financial assistance to federally-certified (continued on schedule o)
As stated on its FY2025 Form 990.
Program
The 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)
$16,468,208 spentof which $15,766,746 as grants100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $16,468,208.
The organization over time
Each line starts at 100 in 2021, so what you read is the shape rather than the size: 150 means half as much again as 2021, 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.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $1.1M to $13M (+1078%).
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.
Government-grant reliance: 2021 100% · 2022 98% · 2023 97% · 2024 96% · 2025 93%. Grants only. Government contracts and fees sit inside program revenue.
100% of PENNSYLVANIA CDFI NETWORK’s revenue is contributions — more reliant on donations than three-quarters of its peers (61% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 5 reported years ran a deficit.
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.
Chief executive
Varsovia Fernandez
CEO
Board chair
Daniel Betancourt
Chairman
As listed on its FY2025 Form 990.
Who funds it, year by year
2021 → 2023: the base narrowed from 6 funders to 2 funders, grant income fell $489k → $300k.
1 of 11 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 3% 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 PENNSYLVANIA CDFI NETWORK’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
PENNSYLVANIA CDFI NETWORK leans on a few funders — its largest provides 50% of grant income and the top three 69%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
Largest funder’s share by year: 2021 51% · 2022 91% · 2023 83% — 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
PENNSYLVANIA CDFI NETWORK draws 80% of its grant income from funders outside Pennsylvania, across 7 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $50k 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.
Against its field
PENNSYLVANIA CDFI NETWORK runs a healthier operating margin than half of the 328 community improvement nonprofits its size.
this organization peer median middle 50% of peers· 328 community improvement nonprofits $10M–$100M, FY2025
Organizations like PENNSYLVANIA CDFI NETWORK
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 Pennsylvania
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
99% of spending goes to programs.
Governance
Public support
100%
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 PENNSYLVANIA CDFI NETWORK: 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.
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 PENNSYLVANIA CDFI NETWORK?
- PENNSYLVANIA CDFI NETWORK (Pennsylvania) receives grants from 11 organizations whose IRS filings report $1,514,231 to it, the largest being The Bank of America Charitable Foundation Inc ($750,000). 3 of them have funded it in more than one year.
- How many funders does PENNSYLVANIA CDFI NETWORK have?
- IRS filings report 11 organizations giving $1,514,231 in grants to PENNSYLVANIA CDFI NETWORK, 3 of which have funded it in more than one year.
- Who is the largest funder of PENNSYLVANIA CDFI NETWORK?
- The Bank of America Charitable Foundation Inc is the largest funder on record, with $750,000 in grants. The full list of funders is on this page.
- How can an organization like PENNSYLVANIA CDFI NETWORK find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Pennsylvania. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2021–2025), and the filings of 11 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