OPPORTUNITY FINANCE NETWORK

EIN: 205189202 501(c)(3) Public & Societal Benefit

WASHINGTON, DC

Total Revenue
$139,737,347
Total Expenses
$33,082,322
Total Assets
$2,739,933,864
Net Assets
$2,530,759,275
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Financial Trends

Organization Details

Formation Year
2006
Legal Domicile
PA
Principal Officer
KEVIN FRYATT
Phone
2025732123
Tax Period
2025-01-01 to 2025-12-31

OPPORTUNITY FINANCE NETWORK, founded in 2006, is a major nonprofit in the Public & Societal Benefit sector that reported $139.7M in total revenue in fiscal year 2025. Revenue fell 94% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $106.7M, a strong 76% operating margin.

Mission

OPPORTUNITY FINANCE NETWORK'S (OFN) MISSION IS TO LEAD COMMUNITY DEVELOPMENT FINANCIALINSTITUTIONS (CDFIS) AND THEIR PARTNERS TO ENSURE THAT LOW-INCOME, LOW-WEALTH, AND OTHER DISINVESTED PEOPLE AND COMMUNITIES HAVE ACCESS TO AFFORDABLE, RESPONSIBLE FINANCIAL PRODUCTS AND SERVICES. OFN IS A NATIONAL LEADERSHIP NETWORK OF MORE THAN 450+CDFIS, INCLUDING COMMUNITY BANKS, CREDIT UNIONS, VENTURE FUNDS, AND LOAN FUNDS. OFN, THROUGH ITS MEMBERS, INVESTS IN LOW-INCOME AND UNDERSERVED RURAL, URBAN, AND NATIVE AMERICAN COMMUNITIES ACROSS ALL 50 STATES IN AMERICA; PROVIDING AFFORDABLE, RESPONSIBLE CREDIT THAT FINANCES COMMUNITY BUSINESSES, SPARKS JOB GROWTH IN THE AREAS THAT NEED IT MOST, AND DELIVERS BOTH SOUND FINANCIAL RETURNS AND REAL CHANGES FOR PEOPLE AND COMMUNITIES. OFN'S PROGRAM SERVICE OFFERINGS INCLUDE PROVIDING FINANCIAL PRODUCTS AND SERVICES FOR CDFIS, INCREASING THE STRENGTH AND CAPACITY OF THE CDFI INDUSTRY, AND AMPLIFYING THE VOICE OF THE INDUSTRY.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $25,493,544
Program Service Revenue $110,218,591
Investment Income $4,025,212
Other Revenue $0
TOTAL REVENUE $139,737,347

Expense Breakdown

Grants Paid $2,865,000
Salaries & Benefits $13,508,621
Fundraising Expenses $890,241
Program Expenses $22,371,968
Other Expenses $16,708,701
TOTAL EXPENSES $33,082,322

Year-over-Year Comparison

2025 2024 Change
Revenue $139,737,347 $2,333,785,289 -0.9%
Expenses $33,082,322 $40,955,651 -0.2%
Net Income $106,655,025 $2,292,829,638 -1.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
14
Independent Members
13
Employees
95
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
14
$3,431,540
Total Directors
15
$433,065
Key Employees
5
$1,060,372
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
AISHA BENSON BOARD CHAIR 2.00
Officer Director
$0 $0 $0
MARTINA EDWARDS BOARD MEMBER 2.00
Director
$0 $0 $0
HENRY JIMENEZ BOARD VICE CHAIR 2.00
Officer Director
$0 $0 $0
TED PICCOLO BOARD MEMBER 2.00
Director
$0 $0 $0
SARA RAZAVI BOARD MEMBER UNTIL 10/25 2.00
Director
$0 $0 $0
CHRISTINA TRAVERS BOARD TREASURER 2.00
Officer Director
$0 $0 $0
HAROLD PETTIGREW PRESIDENT & CEO 40.00
Officer Director
$418,456 $14,609 $433,065
SKYA DUCHENEAUX BOARD MEMBER 2.00
Director
$0 $0 $0
JOHN HOLDSCLAW IV BOARD MEMBER 2.00
Director
$0 $0 $0
ARIEL MEYERSTEIN BOARD MEMBER 2.00
Director
$0 $0 $0
NELLY ROJAS-MORENO BOARD MEMBER 2.00
Director
$0 $0 $0
ARLO WASHINGTON BOARD MEMBER 2.00
Director
$0 $0 $0
DEMARIO GREENE BOARD MEMBER SINCE 10/25 2.00
Director
$0 $0 $0
TITI IKHILE BOARD MEMBER SINCE 10/25 2.00
Director
$0 $0 $0
CHUCK WALL BOARD MEMBER SINCE 10/25 2.00
Director
$0 $0 $0
AMBER KUCHAR BELL EVP, CHIEF PROGRAMS OFFICER 40.00
Officer
$271,603 $31,841 $303,444
SHAKEYDA DANIELS SVP, FINANCIAL SERVICES 40.00
Officer
$195,073 $14,372 $209,445
DAFINA WILLIAMS EVP, CHIEF PUBLIC POLICY OFFICER 40.00
Officer
$265,540 $23,152 $288,692
MARY WRIGHT SVP, FINANCIAL SERVICES 40.00
Officer
$212,069 $9,790 $221,859
SETH JULYAN EVP, CHIEF NETWORK OFFICER 40.00
Officer
$266,541 $22,614 $289,155
KEVIN FRYATT EVP, CHIEF FINANCIAL OFFICER 40.00
Officer
$328,652 $27,281 $355,933
BRENDON MILLER EVP, CHIEF OF STAFF & HEAD OF COMMUNICATIONS 40.00
Officer
$283,010 $11,718 $294,728
JESSEL AMIN EVP, CHIEF INVESTMENT OFFI 40.00
Officer
$324,139 $28,971 $353,110
REGINA ROSS EVP, CHIEF PEOPLE & OPERATIONS OFFICER 40.00
Officer
$364,594 $18,811 $383,405
ANTHONY BERKLEY EVP, CHIEF DEVELOPMENT OFFICER 40.00
Officer
$273,186 $25,518 $298,704
ADRIENNE SMITH SVP, RESEARCH 40.00
Key Emp
$190,917 $7,666 $198,583
TAMARA FRYE SVP, HUMAN RESOURCES 40.00
Key Emp
$180,464 $18,451 $198,915
SINDHU LAKSHMANAN SVP, DEVELOPMENT SER 40.00
Key Emp
$181,937 $13,498 $195,435
MOHAMMAD HOURANI SVP, FINANCE AND ACCOUNTING 40.00
Key Emp
$234,329 $23,474 $257,803
ABHILASH RAJAN SVP, INFORMATION TECHNOLOGY AND FACILITIES ADMINIS 40.00
Key Emp
$200,792 $8,844 $209,636
MARY SCOTT BALYS VP, PUBLIC POLICY 40.00
Highest
$177,101 $13,654 $190,755
BIANCA PRADE SINCE 625 SVP, STRATEGIC COMMUNICATIONS 40.00
Highest
$121,564 $23 $121,587
DAMAYANTI HALDER SVP, DATA 40.00
Highest
$166,585 $1,435 $168,020
ANTHONY WILDER PUZZUOLI SVP, MEMBERSHIP 40.00
Highest
$175,049 $11,688 $186,737
CONSTANCE SAMUELS SVP, EVENTS SINCE 04/25 40.00
Highest
$135,033 $4,664 $139,697
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $139,737,347 $33,082,322 $2,739,933,864 $106,655,025
2024 No data No data No data No data
2023 $24,971,319 $31,233,261 $313,600,163 $-6,261,942
2022 $76,048,439 $36,517,605 $294,224,646 $39,530,834
2021 $52,021,160 $22,092,402 $225,364,675 $29,928,758
2020 $30,843,576 $24,070,767 $189,426,198 $6,772,809
2019 $16,457,655 $11,009,104 $152,045,945 $5,448,551
2018 $13,123,545 $10,533,613 $142,073,399 $2,589,932
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