NonprofitsExodus Financial Services

Human Services

Exodus Financial Services

SAINT PAUL, MN

Total revenue

$5.0M

Total expenses

$765K

Net assets

$4.6M

Grants received

$784K

36 grants

EIN

471706853

Tax year

2024

Mission

Exodus lending works with financially excluded minnesotans to advance economic justice through consumer lending, community organizing, and advocacy. We aim to break the cycle of financial abuse, disinvestment, and distress for low-income communities and communities of color which the current credit and banking system excludes, exploits, and entraps at an alarming rate. Our vision is to expand access to small dollar-stabilizing capital for financially excluded and extracted minnesotans while building community power and agency to prevent and eliminate predatory lending schemes in our state and nation. We do this by providing immediate relief to minnesotans experiencing financial stress or trauma through one of our 0% interest consumer small-dollar loans and inviting impacted communities into our advocacy and organizing coalition, minnesotans for fair lending.

Financials

FY 2024

Revenue

Contributions & grants$4.8M
Program service revenue
Investment income$192K
Other revenue
Total revenue$5.0M

Expenses

Grants paid
Salaries & benefits$554K
Fundraising$63K
Other expenses$211K
Total expenses$765K
Total assets$5.0M
Net assets$4.6M

People

13 listed

NameRoleCompensation

ANNE LELAND CLARK

EXECUTIVE DIRECTOR

Board

$105K

40 hrs/wk

ANNA BRELJE

DIRECTOR

Board

1.5 hrs/wk

KIMBERLY MILLER

SECRETARY

Board

2.5 hrs/wk

VIENNA WILSON

PRESIDENT

Board

2.5 hrs/wk

ADAM FAITEK

DIRECTOR

Board

1.5 hrs/wk

RYAN SMITH

DIRECTOR

Board

1.5 hrs/wk

MICHAEL STEELE

TREASURER

Board

3 hrs/wk

MELISSA JULIETTE

VICE PRESIDENT

Board

2.5 hrs/wk

LATICHIA HARPER

DIRECTOR

Board

1.5 hrs/wk

TIMOTHY ANDERSON

DIRECTOR

Board

1.5 hrs/wk

JAMES UNGLAUBE

DIRECTOR

Board

1.5 hrs/wk

DAVID WALTERS

DIRECTOR

Board

1.5 hrs/wk

ROXANNY ARMENDARIZ

DIRECTOR

Board

1.5 hrs/wk

Grants received

Showing 36 of 36

FromAmountPurposeYear
$100K
for general operating support
2024
$30K
GENERAL OPERATIONS
2024
$30K
ECONOMIC OPPORTUNITY - HOMETOWN
2024
$10K
CREDIT BUILDING
2024
$70K
For general operating support to develop, test, and spread equitable small-dollar consumer lending model through a network of statewide nonprofits reaching financially extracted and excluded Minnesotans
2023
$55K
CIVIL RIGHTS, SOCIAL ACTION, ADVOCACY
2023
$37K
MULTIPLE GRANTS FOR PROGRAMS, OPERATIONS, OR OTHER PURPOSES
2023
$30K
ECONOMIC OPPORTUNITY - HOMETOWN
2023
$30K
GENERAL OPERATIONS
2023
$30K
IMPROVING CREDIT ACCESS IN MINNESOTA THROUGH 0% INTEREST SMALL-DOLLAR LOAN PROGRAMS DESIGNED FOR AND BY LOW-INCOME, FINANCIALLY UNDERSERVED MINNESOTANS
2023
$17K
Combat predatory lending
2023
$50K
For anti-payday loan program for accelerating economic mobility
2022
$50K
CIVIL RIGHTS, SOCIAL ACTION, ADVOCACY
2022
$30K
GENERAL OPERATIONS
2022
$8K
PUBLIC BENEFIT AND COMMUNITY IMPROVEMENT PROGRAM SUPPORT
2022
$5K
PROGRAM SUPPORT
2022
$100
MATCHING FUNDS
2022
$12K
DONOR-RECOMMENDED, COMMUNITY & ECONOMIC DEVELOPMENT
2021
$25K
GENERAL OPERATIONS
2020
$25K
RACIAL EQUITY
2020
$20K
COMMITTED IN 2019 - HOMETOWN - RACIAL EQUITY
2020
$12K
FOR RECIPIENT'S EXEMPT PURPOSE
2020
$11K
INTEREST-FREE PAYDAY LOAN REFINANCING DURING THE COVID-19 CRISIS - 422633
2020
$5K
EXEMPT PURPOSE
2020
$2K
Gift Matching
2020
$2K
General & Unrestricted
2020
$15K
FOR GENERAL OPERATIONS TO HELP MINNESOTANS BREAK FREE FROM PAYDAY LOAN DEBT THROUGH INTEREST-FREE REFINANCING.
2019
$2K
General & Unrestricted
2019

Funded by

$784K from 19 funders · 36 grants · 2019–2024

The McKnight Foundation

$220K · 3 grants · 2022–2024

Otto Bremer Trust

$130K · 5 grants · 2019–2024

Hopewell Fund

$105K · 2 grants · 2022–2023

Target Foundation

$105K · 4 grants · 2020–2024

Donor Advised Charitable Giving Inc

$42K · 3 grants · 2021–2023

Saint Paul & Minnesota Foundation

$37K · 1 grant · 2023

Fr Bigelow Foundation

$30K · 1 grant · 2023

The Minneapolis Foundation

$23K · 2 grants · 2020–2021

Details

EIN471706853
NTEE codeP20
Subsection03
Ruling date2017-02
Formed2014
Employees8
Volunteers15
EXODUS FINANCIAL SERVICES — Mission, Financials & Grants Received | Grantivo