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West Virginia · Nonprofit

BUSINESS DEVELOPMENT CORPORATION OF THE NORTHERN PANHANDLE

BUSINESS DEVELOPMENT CORPORATION OF THE NORTHERN PANHANDLE (West Virginia) receives grants from 2 organizations whose IRS filings report $30,000 to it, the largest being TOP OF WV CONVENTION AND VISITORS BUREAU ($20,000). 0 of them have funded it in more than one year.

$4.9M
Revenue FY2024
2
Funders on record
$30k
Grants received
$11M
Net assets
0/2 repeat funderspeak grant-dependency 1%

Against its field

BUSINESS DEVELOPMENT CORPORATION OF THE NORTHERN PANHANDLE holds deeper cash reserves than three-quarters of the 4,197 community improvement nonprofits its size.

Operating margin18% · above the median
Months of reserve25.2mo · top quartile
Revenue growth (annualized)12% · above the median

this organization peer median middle 50% of peers· 4,197 community improvement nonprofits $1M–$10M, FY2024

Three funders worth looking at

Grantmakers with no record of funding this organization, ranked by how strongly the co-funder graph and the mission embeddings agree. The evidence is in section 03.

See all 12 prospects and why each one surfaced →
01The 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 ($2.2M) Expenses 100 ($2.1M) Net assets 100 ($1.6M)2018 Revenue 115 ($2.5M) Expenses 121 ($2.5M) Net assets 101 ($1.6M)2019 Revenue 187 ($4.1M) Expenses 181 ($3.7M) Net assets 122 ($1.9M)2020 Revenue 127 ($2.8M) Expenses 128 ($2.6M) Net assets 126 ($2.0M)2021 Revenue 208 ($4.5M) Expenses 134 ($2.7M) Net assets 239 ($3.8M)2022 Revenue 213 ($4.6M) Expenses 125 ($2.6M) Net assets 370 ($5.8M)2023 Revenue 330 ($7.2M) Expenses 157 ($3.2M) Net assets 621 ($9.8M)2024 Revenue 224 ($4.9M) Expenses 194 ($4.0M) Net assets 678 ($11M)
'17'18'19'20'21'22'23'24
Revenue (224)Expenses (194)Net assets (678)Peer revenue range

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 19% · 2018 29% · 2019 14% · 2020 20% · 2021 47% · 2022 25% · 2023 49% · 2024 6%. Grants only. Government contracts and fees sit inside program revenue.

10% of BUSINESS DEVELOPMENT CORPORATION OF THE NORTHERN PANHANDLE’s revenue is contributions — about as donation-reliant as the typical peer (61% for the typical peer).

This organization
Typical peer · 4,406 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 8 reported years ran a deficit.

$123k
17
$14k
18
$338k
19
$144k
20
$1.8M
21
$2.1M
22
$4.0M
23
$902k
24
25
months of
reserve
02Who funds it

Who funds it, year by year

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

1 of 2 of your funders are donor-advised or pass-through sponsors (tagged DAF)33% 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 BUSINESS DEVELOPMENT CORPORATION OF THE NORTHERN PANHANDLE’s funders (the co-funder graph). Association, not causation.

How concentrated its funding is

BUSINESS DEVELOPMENT CORPORATION OF THE NORTHERN PANHANDLE leans on a few funders — its largest provides 67% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

67%
largest funder
100%
top three
~2
effective funders

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration.

Where its funders are

67% of BUSINESS DEVELOPMENT CORPORATION OF THE NORTHERN PANHANDLE's grant income comes from West Virginia funders.

NY
WV

Funder states come from each funder’s own filing.

03Its place in the field

Funders to approach

Grantmakers that don’t fund you yet, surfaced two ways: they back organizations that share your funders, or their grantees resemble your mission. The ones both signals agree on come first.

From the co-funder graph (funders backing at least two comparable organizations, shrunk for grantee count, donor-advised and mega-funds excluded) and the universe embeddings. A research starting point; overlap is association, not a guarantee of fit.

Government funding BUSINESS DEVELOPMENT CORPORATION OF THE NORTHERN PANHANDLE receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $8.0M on record.

Federal$8.0M
grants $8.0Mcontracts $0
17
18
19
23
Top agencies
  • Department of Commerce$6.8M
  • Environmental Protection Agency$1.1M
  • Department of Agriculture$98k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like BUSINESS DEVELOPMENT CORPORATION OF THE NORTHERN PANHANDLE

Nonprofits whose mission and program text most resemble this one, by semantic similarity over the universe of US filings — the closest peers, and often the clearest route to shared or prospective funders.

In West Virginia

Nationally

04Profile & governance

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

Where the money goes

93% of spending goes to programs.

Program 93%Management 7%Fundraising 0%

Governance

19
board members
100%
independent
Conflict-of-interest policyWhistleblower policyDocument retentionBoard reviewed the 990Audited financials

Public support

98%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

WV

Part of a family of 1 related entity

  • Bdc Holdings LLC · disregarded

Screen this organization

A dated, signed PDF of the compliance screen for BUSINESS DEVELOPMENT CORPORATION OF THE NORTHERN PANHANDLE: 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. How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds BUSINESS DEVELOPMENT CORPORATION OF THE NORTHERN PANHANDLE?
BUSINESS DEVELOPMENT CORPORATION OF THE NORTHERN PANHANDLE (West Virginia) receives grants from 2 organizations whose IRS filings report $30,000 to it, the largest being TOP OF WV CONVENTION AND VISITORS BUREAU ($20,000). 0 of them have funded it in more than one year.
How many funders does BUSINESS DEVELOPMENT CORPORATION OF THE NORTHERN PANHANDLE have?
IRS filings report 2 organizations giving $30,000 in grants to BUSINESS DEVELOPMENT CORPORATION OF THE NORTHERN PANHANDLE.
Who is the largest funder of BUSINESS DEVELOPMENT CORPORATION OF THE NORTHERN PANHANDLE?
TOP OF WV CONVENTION AND VISITORS BUREAU is the largest funder on record, with $20,000 in grants. The full list of funders is on this page.
How can an organization like BUSINESS DEVELOPMENT CORPORATION OF THE NORTHERN PANHANDLE find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in West Virginia. 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 2funders 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. What this page cannot tell you · view filing