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Indiana · Nonprofit

BOONE COUNTY ECONOMIC DEVELOPMENT

BOONE COUNTY ECONOMIC DEVELOPMENT (Indiana) receives grants from 1 organization whose IRS filings report $7,500 to it, the largest being COMMUNITY FOUNDATION OF BOONE COUNTY INC ($7,500). 0 of them have funded it in more than one year, and 100% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2024
$711k
Funders on record
1
Grants received
$8k
Net assets
$1.0M
0/1 repeat funders
01What it does

What Boone County Economic Development does

Mission

To promote economic development in boone county.

As stated on its FY2024 Form 990.

Programs

  1. The Boone County Economic Development corporation (boone edc) works to promote sustainable economic growth and improve quality of life in boone county, indiana. This program focuses on business attraction, site development, and strategic partnerships to expand the local tax base and create jobs.services are provided year-round to the residents and businesses of boone county. In 2025, boone edc supported multiple economic development projects by providing site selection assistance, demographic and workforce data, and coordination with local, regional, and state partners. These efforts contributed to business investment, job creation, and continued economic vitality across the county.

  2. The business retention & expansion program is designed to support existing boone county employers by identifying their needs, addressing challenges, and helping them grow.in 2025, boone edc conducted 35 br&e visits with local companies representing over 600 employees. These visits were conducted throughout the year and provided direct engagement with employers to assess workforce needs, infrastructure concerns, and expansion opportunities. Boone edc connected businesses to resources, technical assistance, and partner organizations to help retain jobs and encourage reinvestment in the community.additionally, boone edc administers a microloan program to support small business growth and entrepreneurship. This program provides access to capital for local businesses, helping them start, expand, and stabilize operations within boone county.

  3. Workforce development: throughout 2025, boone edc collaborated with local schools, training providers, and employers to support workforce initatives, career awarenesss, and talent development. Activities included hosting and participating in workforce-related events, facilitating employer engagement with education partners, and promoting career pathways to students and job seekers across boone county. These efforts served the broader community and helped align workforce skills with current and future employer needs.

The 3 programs described on its FY2025 Form 990, listed largest first by expense.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($477k) Expenses 100 ($423k) Net assets 100 ($587k)2018 Revenue 103 ($493k) Expenses 129 ($545k) Net assets 91 ($534k)2019 Revenue 108 ($515k) Expenses 127 ($536k) Net assets 86 ($503k)2020 Revenue 122 ($580k) Expenses 98 ($413k) Net assets 114 ($670k)2021 Revenue 112 ($535k) Expenses 129 ($545k) Net assets 112 ($659k)2022 Revenue 153 ($733k) Expenses 137 ($578k) Net assets 139 ($814k)2023 Revenue 128 ($613k) Expenses 124 ($526k) Net assets 153 ($900k)2024 Revenue 149 ($711k) Expenses 140 ($592k) Net assets 174 ($1.0M)
'17'18'19'20'21'22'23'24
Revenue (149)Expenses (140)Net assets (174)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2019 to 2020, from $635k to $789k (+24%).

$699k
$642k
$635k
$789k
$780k
$929k
$1.0M
$1.2M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

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.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 63% · 2018 66% · 2019 65% · 2020 67% · 2021 65% · 2022 58% · 2023 52% · 2024 56%. Grants only. Government contracts and fees sit inside program revenue.

90% of BOONE COUNTY ECONOMIC DEVELOPMENT’s revenue is contributions — more donation-reliant than the typical peer (62% for the typical peer).

This organization
Typical peer · 12,439 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 8 reported years ran a deficit.

$55k
’17
−$53k
’18
−$21k
’19
$167k
’20
−$10k
’21
$154k
’22
$87k
’23
$118k
’24
13
months of
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.

Chief executive

Andrea Kern

CEO

Board chair

Shane Cooner

Board chair

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24
Listed24242489988
Joined·+7+2+1+2+1+0+6
No longer listed·72171116
03Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

Funder
'24*
total
funders
1

1 of 1 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 100% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of BOONE COUNTY ECONOMIC DEVELOPMENT’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 BOONE COUNTY ECONOMIC DEVELOPMENT's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Too little is directly attributable to place on a map.

Funder states come from each funder’s own filing. $8k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. 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.

04Its place in the field

Against its field

BOONE COUNTY ECONOMIC DEVELOPMENT runs a healthier operating margin than half of the 11,971 community improvement nonprofits its size.

Operating margin17% · above the median
Months of reserve12.6mo · above the median
Revenue growth (annualized)6% · below the median

this organization peer median middle 50% of peers· 11,971 community improvement nonprofits $100k–$1M, FY2024

Organizations like BOONE COUNTY ECONOMIC DEVELOPMENT

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 Indiana

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Governance

7
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Screen this organization

A dated, signed PDF of the compliance screen for BOONE COUNTY ECONOMIC DEVELOPMENT: 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.

A paid feature, included from the $75 plan up. Sign in to download.

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 BOONE COUNTY ECONOMIC DEVELOPMENT?
BOONE COUNTY ECONOMIC DEVELOPMENT (Indiana) receives grants from 1 organization whose IRS filings report $7,500 to it, the largest being COMMUNITY FOUNDATION OF BOONE COUNTY INC ($7,500). 0 of them have funded it in more than one year, and 100% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does BOONE COUNTY ECONOMIC DEVELOPMENT have?
IRS filings report 1 organization giving $7,500 in grants to BOONE COUNTY ECONOMIC DEVELOPMENT.
Who is the largest funder of BOONE COUNTY ECONOMIC DEVELOPMENT?
COMMUNITY FOUNDATION OF BOONE COUNTY INC is the largest funder on record, with $7,500 in grants. The full list of funders is on this page.
How can an organization like BOONE COUNTY ECONOMIC DEVELOPMENT find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Indiana. 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 FY2024 (financials across 2017–2024), 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