Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jun 2014.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
76 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
Something off? Claim to add context
Who runs it and what they're paid
10 people listed on the 990.
Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Helps people achieve homeownership to empower their lives.
Questions for Acts Lending INC
Your first name shows with your question. Acts Lending INC answers here, for everyone.
Acts lending, inc., promotes affordable homeownership by underwriting, originating and servicing loans for families that cannot access traditional lending products. Loans are outstanding to 172 INDIVIDUALS/FAMILIES and the portfolio has 90+ day delinquencies of less than 5% of the portfolio as of december 31, 2024.
Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 46-2986750) · Dispute this lineFunders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2024 990, line by line.
Download 990
| Line | Start FY24 | End FY24 |
|---|---|---|
| Cash and savingsLn 1–2 | $1.9M | $1.5M |
| Total assetsLn 16 | $9.1M | $19.5M |
| LiabilitiesLn 26 | $4.6M | $6.0M |
| Net assetsLn 32 | $4.5M | $13.5M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of officers and key staff (Part IX, line 5)Ln 5 | $17K | $17K | ||
| Other salaries and wagesLn 7 | $189K | $130K | $20K | $39K |
| Pension plan contributionsLn 8 | $4K | $3K | $373 | $906 |
| Other employee benefitsLn 9 | $23K | $16K | $3K | $5K |
| Payroll taxesLn 10 | $17K | $11K | $3K | $3K |
| Accounting feesLn 11c | $58K | $58K | ||
| Other fees for servicesLn 11g | $28K | $28K | ||
| Office expensesLn 13 | $12K | $3K | $8K | $510 |
| Information technologyLn 14 | $19K | $15K | $2K | $2K |
| OccupancyLn 16 | $2K | $2K | ||
| TravelLn 17 | $305 | $261 | $44 | |
| Conferences, conventions and meetingsLn 19 | $543 | $99 | $444 | |
| InterestLn 20 | $92K | $92K | ||
| Other expenses (24a–d)Ln 24 | $230K | $229K | $966 | |
| Total functional expensesLn 25 | $691K | $526K | $114K | $51K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest ViewingFiled with the IRS Sep 11, 2025 | $9.7M | $691K | $9.0M | $13.5M | 990 PDF |
| FY2023Filed with the IRS Oct 30, 2024 | $1.5M | $506K | $1.0M | $4.5M | 990 PDF |
| FY2022Filed with the IRS Nov 10, 2023 | $584K | $325K | $259K | $3.4M | 990 PDF |
| FY2021Filed with the IRS Nov 2, 2022 | $702K | $258K | $444K | $3.2M | 990 PDF |
| FY2020Filed with the IRS Nov 5, 2021 | $1.6M | $218K | $1.4M | $2.7M | 990 PDF |
Schedules filed Part IV
See the full FY2024 990
Part I · Summary $9,717,402 revenue, 12 lines filed
Part VI · Governance 6 of 6 board members independent, no flags
Part VIII · Statement of revenue $9,717,402 across 8 lines filed
Part IX · Statement of functional expenses $690,780 across 14 lines filed
Part X · Balance sheet $19,546,993 assets, 15 lines filed
Part XI · Reconciliation of net assets $13,532,469 net assets at year end
Form 990 e-file FY2024 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File
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