Financials

You are here:
You are here:

In its role as steward for capital invested into low income communities, LIIF’s financial statements exemplify strong financial management, disciplined underwriting and portfolio management, and a dedication to fulfilling its mission through community lending and grant related activities.

AS OF JUNE 30

Assets

2022

2021

2020

Cash & investments $90,081,335 $59,568,994 $54,812,151
Restricted cash $49,520,580 $53,842,160 $45,238,522
Notes receivable $448,218,339 $515,213,892 $470,922,421
Allowance for loan losses ($16,759,967) ($18,188,743) ($17,891,493)
Other assets $30,059,662 $29,401,316 $23,069,241
Total Assets
$601,119,949
$639,837,619
$576,150,842
Liabilities and Net Assets
Liabilities
Notes payable $390,846,156 $428,397,137 $411,147,769
Funds held in trust $7,749,806 $10,096,112 $7,432,208
Other liabilities $37,329,764 $43,785,300 $20,431,501
Total liabilities
$435,925,726
$482,278,549
$439,011,478
Net Assets
Noncontrolling interest in subsidiaries $4,440,476 $3,748,526 $0
Without donor restrictions $102,889,313 $101,016,834 $77,077,417
With donor restrictions $57,864,434 $52,793,710 $60,061,947
Total net assets
$165,194,223
$157,559,070
$137,139,364
Total liabilities and net assets
$601,119,949
$639,837,619
$576,150,842

FOR YEAR ENDED JUNE 30

Revenue

2022

2021

2020

Net financing income $17,178,676 $16,369,170 $14,931,664
Syndication fees $9,312,909 $8,330,650 $1,935,708
Grants & contributions $27,936,662 $55,588,596 $30,027,412
Other $3,641,849 $1,456,947 $2,273,978
Total Revenue
$58,070,096
$81,745,363
$49,168,762
Expenses
Program expenses $36,953,079 $53,139,902 $24,347,664
Supporting expenses $13,191,864 $10,520,395 $9,706,056
Total Expenses
$50,144,943
$63,660,297
$34,053,720
Change in assets without donor restriction $2,564,429 $27,687,943 $2,985,231
Change in assets with donor restriction $5,070,724 ($7,268,237) $10,954,744
Change in total net assets
$7,635,153
$20,419,706
$13,939,975

Click the links below for additional financial detail.
Fiscal Year 2022 Consolidated Financial Statements and Independent Auditors Report

Loan Portfolio Detail
As of June 30, 2021

Loan Portfolio by Quality and Leverage
Loan Portfolio by Product
Loan Portfolio by Region
Loan Portfolio by Asset Class