Nonprofit screen
Screen a listBuffalo Urban Development Corporation
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(1)
$38Mrevenue
FY2024 · +629% in 3 yrs5staff
7 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin14.5%
Months of reserve8.6mo
Revenue growth (annualized)+11.1%
Middle half of peersMedianBuffalo Urban Development
Where the money goes FY2024 · $33M spent
Programs$32M99%Management and general$468k1%990 FY2024 · Part IX line 25
Worth checking3
Government grants fell 83% in FY2022
$905k in FY2021, $157k in FY2022.
990 Part VIIIFederal awards stopped after FY2022
$14M in FY2022, none traced since.
USAspendingDeficits in 2 of the last 3 years
−$1.7M in FY2022 and −$525k in FY2023. Cash covers 8.6 months, above the peer median of 3.5.
990 Part I and balance sheetIn its favor2
Strong governance
18 of 18 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VIGrowing faster than peers
Revenue up 11% a year since FY2017, faster than half of similar nonprofits.
990 Part I · peer cohort2funders
$33ka year, last 3 years
100%from its largest funder
Funder’19’20’21’22MLB-MLBPA Youth Development FoundationNew in FY2022$100kLocal Initiatives Support CorporationOn and off$50k
Funded