Ohio · Nonprofit
AREA DEVELOPMENT FOUNDATION INC
AREA DEVELOPMENT FOUNDATION INC (Ohio) receives grants from 1 organization whose IRS filings report $30,000 to it, the largest being PARK NATIONAL CORPORATION FOUNDATION ($30,000). 1 of them have funded it in more than one year.
- Revenue FY2025
- $813k
- Funders on record
- 1
- Grants received
- $30k
- Net assets
- $2.6M
What Area Development Foundation Inc does
Mission
Promoting and assisting industrial and commercial developments in the mount vernon and knox county area.
As stated on its FY2025 Form 990.
Program
Promoting and assisting industrial and commercial developments in the mount vernon and knox county area
The program described on its FY2025 Form 990.
The organization over time
Each line starts at 100 in 2018, so what you read is the shape rather than the size: 150 means half as much again as 2018, 50 means half. The number beside each label in the key is where it ended.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $1.5M to $2.1M (+41%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2018 52% · 2019 53% · 2020 33% · 2021 33% · 2022 45% · 2023 22% · 2024 14% · 2025 20%. Grants only. Government contracts and fees sit inside program revenue.
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Board chair
Bruce White
Chairman
As listed on its FY2025 Form 990.
Who funds it, year by year
2021 → 2023: the base held at 1 funder, grant income held at $6k.
Left out of every figure on this page: $197k from one payer (the payer shares this organization's board, largest Knox County Foundation). These are real filings, and they are not money AREA DEVELOPMENT FOUNDATION INC raised.
From the IRS filings of AREA DEVELOPMENT FOUNDATION INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
100% of AREA DEVELOPMENT FOUNDATION INC's grant income comes from Ohio funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Organizations like AREA DEVELOPMENT FOUNDATION INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Ohio
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Governance
Screen this organization
A dated, signed PDF of the compliance screen for AREA DEVELOPMENT FOUNDATION INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds AREA DEVELOPMENT FOUNDATION INC?
- AREA DEVELOPMENT FOUNDATION INC (Ohio) receives grants from 1 organization whose IRS filings report $30,000 to it, the largest being PARK NATIONAL CORPORATION FOUNDATION ($30,000). 1 of them have funded it in more than one year.
- How many funders does AREA DEVELOPMENT FOUNDATION INC have?
- IRS filings report 1 organization giving $30,000 in grants to AREA DEVELOPMENT FOUNDATION INC, 1 of which have funded it in more than one year.
- Who is the largest funder of AREA DEVELOPMENT FOUNDATION INC?
- PARK NATIONAL CORPORATION FOUNDATION is the largest funder on record, with $30,000 in grants. The full list of funders is on this page.
- How can an organization like AREA DEVELOPMENT FOUNDATION INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Ohio. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2018–2025), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing