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
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

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

OFN'S MISSION IS TO LEAD CDFIS AND THEIR PARTNERS TO ENSURE THAT LOW-INCOME, LOW-WEALTH, AND OTHER UNDERSERVED PEOPLE AND COMMUNITIES HAVE ACCESS TO AFFORDABLE, RESPONSIBLE FINANCIAL PRODUCTS AND SERVICES.

Program Service Accomplishments

Program 1
Expenses: $8,644,453 Revenue: $10,382,146

MONEY: OFN IS ONE OF THE COUNTRY'S LARGEST INVESTORS IN CDFIS, EXPANDING ACCESS TO RESPONSIBLE, AFFORDABLE CAPITAL ACROSS THE COUNTRY. THE MONEY ASPECT OF OFN'S WORK INCLUDES THE FOLLOWING ACTIVITIES...

Read more

MONEY: OFN IS ONE OF THE COUNTRY'S LARGEST INVESTORS IN CDFIS, EXPANDING ACCESS TO RESPONSIBLE, AFFORDABLE CAPITAL ACROSS THE COUNTRY. THE MONEY ASPECT OF OFN'S WORK INCLUDES THE FOLLOWING ACTIVITIES WHICH BENEFIT LOW-INCOME AND LOW-WEALTH COMMUNITIES THROUGHOUT THE U.S: OFN'SFINANCING FUND (ON-BALANCE-SHEET LENDING AND INVESTING IN CDFIS); FUND MANAGEMENT SERVICES (FEE-BASED BUSINESS PROVIDING CDFI FUND MANAGEMENT AND ASSET MANAGEMENT SERVICES TO THIRD PARTY INVESTORS); AND CDFI BOND GUARANTEE PROGRAM BOND ISSUANCE AND ADMINISTRATIVE SERVICES. IN 2025, OFN CLOSED A $100 MILLION BOND THROUGH THE CDFI FUND'S BOND GUARANTEE PROGRAM, RAISED AN ADDITIONAL $81.2 MILLION IN TOTAL CAPITAL, AND BUILT A STRONG PIPELINE OF STRATEGIC PARTNERSHIPS TO SUPPORT DEPLOYMENT TO CDFIS IN THE YEARS AHEAD. OFN NOW MANAGES OVER $1 BILLION IN TOTAL ASSETS, SOLIFYING OUR POSITION AS ONE THE COUNTRY'S LEADEING INVESTMENT INTERMEDIARIES IN THE COMMUNITY DEVELOPMENT FINANCE INDUSTRY.

Program 2
Expenses: $8,650,163 Revenue: $6,576,771

STRENGTH: OFN IS THE LEADING CONVENER, CAPACITY BUILDER, AND THOUGHT LEADER IN COMMUNITY DEVELOPMENT FINANCE. OFN STRENGTHENS THE CDFI INDUSTRY BY PROVIDING PEER LEARNING OPPORTUNITIES, RESEARCH...

Read more

STRENGTH: OFN IS THE LEADING CONVENER, CAPACITY BUILDER, AND THOUGHT LEADER IN COMMUNITY DEVELOPMENT FINANCE. OFN STRENGTHENS THE CDFI INDUSTRY BY PROVIDING PEER LEARNING OPPORTUNITIES, RESEARCH, NETWORKING PLATFORMS, AND SIGNATURE ANNUAL EVENTS (E.G. THE OFN CONFERENCE AND SMALL BUSINESS FINANCE FORUM) FOR CDFI PRACTITIONERS, PARTNERS, AND INVESTORS. IN 2025, OFN LAUNCHED A NEW SERIES OF PRACTITIONER-FOCUSED CONVENINGS IN MARKETING COMMUNICATIONS AND HUMAN CAPITAL.TO SUPPORT THE PROFESSIONAL DEVELOPMENT AND GROWTH OF CDFI INDUSTRY PROFESSIONALS, IN 2025 OFN LAUNCHED THE CAREER MEETS PURPOSE HUB, ONE IMPORTANT COMPONENT OF THE ORGANIZATION'S STRATEGIC SUPPORT FOR THE CDFI WORKFORCE THROUGH THE CAREER MEETS PURPOSE INITIATIVE. OFN REPORTS, SURVEYS, AND OTHER PUBLICATIONS PROVIDE VALUABLE DATA AND INSIGHT ON THE CDFI INDUSTRY AND, IN 2025, OFN CONTINUED TO PUBLISH FEATURED REPORTS LIKE THE 27TH EDITION OF THE SIDE BY SIDE CHARTBOOK AND MEMBER SURVEY ALONGSIDE NEW PUBLICATIONS INCLUDING THE INSIGHT BRIEFING ON DONOR-ADVISED FUNDS AND CDFIS, SECTOR TRENDS IN OFN MEMBER LOAN FUND LENDING, AND THE IMPACT OF CDFI FUND FINANCIAL ASSISTANCE AWARDS. THESE NEW OFFERINGS COMPLEMENT OFN'S RANGE OF IN-PERSON AND ONLINE TRAININGS AND OFN'S ANNUAL CONFERENCE, WHICH BROUGHT TOGETHER 2,100 ATTENDEES REPRESENTING 46 STATES AND TERRITORIES FOR MORE THAN 130 BREAKOUT SESSIONS AND MAINSTAGE DISCUSSIONS.

Program 3
Expenses: $2,486,399 Revenue: $0

VOICE: ACROSS MULTIPLE CHANNELS AND AUDIENCES, OFN'S POLICY ADVOCACY AND STRATEGIC COMMUNICATIONS DRIVE THE MESSAGE THAT CDFI INVESTMENTS TRANSFORM COMMUNITIES AND CHANGE LIVES, AMPLIFYING THE CDFI...

Read more

VOICE: ACROSS MULTIPLE CHANNELS AND AUDIENCES, OFN'S POLICY ADVOCACY AND STRATEGIC COMMUNICATIONS DRIVE THE MESSAGE THAT CDFI INVESTMENTS TRANSFORM COMMUNITIES AND CHANGE LIVES, AMPLIFYING THE CDFI MESSAGE, DEEPENING SUPPORT FOR COMMUNITY DEVELOPMENT FINANCE, AND INCREASING RESOURCES FOR CDFIS. IN 2025, OFN WAS INSTRUMENTAL IN SECURING A LEVEL $324 MILLION APPROPRIATION FOR THE CDFI FUND, LEADING MORE THAN 300 HILL VISITS THAT MOBILIZED AND DEEPENED BIPARTISAN SUPPORT FOR COMMUNITY DEVELOPMENT FINANCE, AND WORKING WITH OUTLETS INCLUDING THE NEW YORK TIMES, THE WALL STREET JOURNAL, AND POLITICO TO TELL THE STORY OF THE IMPACT AND IMPORTANCE OF CDFIS.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

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
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

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
Explore More Nonprofits
Top 100 Nonprofits in District of Columbia Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare OPPORTUNITY FINANCE NETWORK with other nonprofits in District of Columbia and across the country.