California · Nonprofit
SPRINGBOARD CDFI
SPRINGBOARD CDFI (California) receives grants from 2 organizations whose IRS filings report $234,624 to it, the largest being SPRINGBOARD SOCIAL ENTERPRISES ($192,874). 1 of them have funded it in more than one year.
- Revenue FY2024
- $711k
- Funders on record
- 2
- Grants received
- $235k
- Net assets
- $8.8M
What Springboard Cdfi does
Mission
To empower low-to-moderate income families by facilitating access to mortgage opportunities through strategic partnerships with financial institutions and to foster economic mobility by providing equitable lending solutions, resources, and support for sustainable homeownership to first-time homebuyers, people of color, and rural communities.
As stated on its FY2024 Form 990.
Program
Through its combined products and services, Springboard Cdfi assisted 400 consumers in the homeownership process during the year. Springboard Cdfi is a us treasury certified community development financial institution, providing down-payment, first mortgage, and closing cost loans for the primary benefit of low to moderate income (lmi) first-time homebuyers in communities generally underserved by traditional lenders. Springboard Cdfi offers a variety of loan programs in partnership with financial institutions and other partners and also originates or services a variety of down-payment and special programs, either from its own funds, brokered through bank lending partners, or as the administrator on behalf of government or nonprofit entities. The loan assets of Springboard Cdfi were originated under the following program: calhome: calhome loan funds allow first-time homebuyers earning less than 80% of area median income to obtain fully deferred down-payment loans at 3% interest. Repayment of these loans is deferred until the sale or refinancing of the property.
$76,240 spent$188,981 earned by the program100% of program spending
The program described on its FY2023 Form 990. Program spending in total: $76,240.
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.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $9.6M to $10M (+8%).
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: 2017 12% · 2018 32% · 2020 7% · 2021 20% · 2023 16%. Grants only. Government contracts and fees sit inside program revenue.
0% of SPRINGBOARD CDFI’s revenue is contributions — more earned-revenue than three-quarters of its peers (37% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 8 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.
Board chair
Todd Emerson
Board chair
As listed on its FY2024 Form 990.
Who funds it, year by year
2017 → 2021: the base held at 1 funder, grant income rose $25k → $193k.
1 of 2 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 18% 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 SPRINGBOARD CDFI’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
SPRINGBOARD CDFI leans on a few funders — its largest provides 82% of grant income and the top three 100%; 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 SPRINGBOARD CDFI.
Largest funder’s share by year: 2017 100% · 2018 100% · 2019 100% · 2021 100% — broadly stable.
“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
100% of SPRINGBOARD CDFI's grant income comes from California funders.
Funder states come from each funder’s own filing. $42k 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
SPRINGBOARD CDFI runs a healthier operating margin than three-quarters of the 7,828 housing & shelter nonprofits its size.
this organization peer median middle 50% of peers· 7,828 housing & shelter nonprofits $100k–$1M, FY2024
Organizations like SPRINGBOARD CDFI
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 California
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
15% of spending goes to programs.
Governance
Public support
100%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Part of a family of 9 related entities
- Springboard Cdfi LLC · disregarded
- Springboard Cdfi 2023-1 LP · partnership
- Springboard Cdfi 2023-2 LP · partnership
- Springboard Cdfi 2023-3 LP · partnership
- Springboard Cdfi 2023-4 LP · partnership
Screen this organization
A dated, signed PDF of the compliance screen for SPRINGBOARD CDFI: 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 SPRINGBOARD CDFI?
- SPRINGBOARD CDFI (California) receives grants from 2 organizations whose IRS filings report $234,624 to it, the largest being SPRINGBOARD SOCIAL ENTERPRISES ($192,874). 1 of them have funded it in more than one year.
- How many funders does SPRINGBOARD CDFI have?
- IRS filings report 2 organizations giving $234,624 in grants to SPRINGBOARD CDFI, 1 of which have funded it in more than one year.
- Who is the largest funder of SPRINGBOARD CDFI?
- SPRINGBOARD SOCIAL ENTERPRISES is the largest funder on record, with $192,874 in grants. The full list of funders is on this page.
- How can an organization like SPRINGBOARD CDFI find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in California. 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 Springboard Cdfi →
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 2 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