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California · Nonprofit

CABRILLO ECONOMIC DEVELOPMENT CORPORATION

CABRILLO ECONOMIC DEVELOPMENT CORPORATION (California) receives grants from 23 organizations whose IRS filings report $4,458,713 to it, the largest being NEIGHBORHOOD REINVESTMENT CORPORATION ($3,014,192). 10 of them have funded it in more than one year.

Revenue FY2024
$4.5M
Funders on record
23
Grants received
$4.5M
Net assets
$44M
10/23 repeat funderspeak grant-dependency 21%
01What it does

What Cabrillo Economic Development Corporation does

Mission

The organization's exempt purpose is to develop, manage and provide service-enriched, inclusive residential communities, ensuring access to affordable, secure, quality housing that creates the foundation for our residents to grow and thrive.

As stated on its FY2024 Form 990.

Program

  1. To provide safe, affordable homeownership and rental opportunities to low-income, minority, and other disadvantaged individuals and families in ventura and santa barbara counties and adjacent areas in los angeles county. The organization accomplishes this objective through its four divisions as follows:housing developmenthousing development provides safe, affordable homeownership and rental opportunities to low-income, minority, and other disadvantaged individuals and families in ventura and santa barbara counties and adjacent areas in los angeles county. The real estate development divisions (redd) as a major component of housing development, primary functions are to complete the acquisition, finance, and pre-construction stages of affordable housing development. After redd assesses the viability of acquiring land, the department begins a multi-faceted review process. If a project is deemed financially feasible and aligned with cedcs core goals, redd works to secure funding through a variety of public and private sources.resident and community servicesthe Cabrillo Economic Development Corporation resident and community services works with residents living in cedc properties and…

    $2,610,633 spent$4,478,964 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $2,610,633.

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 ($4.6M) Expenses 100 ($4.2M) Net assets 100 ($42M)2018 Revenue 84 ($3.9M) Expenses 82 ($3.5M) Net assets 101 ($43M)2019 Revenue 101 ($4.7M) Expenses 98 ($4.1M) Net assets 102 ($43M)2020 Revenue 55 ($2.6M) Expenses 87 ($3.6M) Net assets 100 ($42M)2021 Revenue 92 ($4.3M) Expenses 80 ($3.4M) Net assets 102 ($43M)2022 Revenue 70 ($3.2M) Expenses 78 ($3.3M) Net assets 102 ($43M)2023 Revenue 91 ($4.2M) Expenses 94 ($3.9M) Net assets 103 ($43M)2024 Revenue 97 ($4.5M) Expenses 92 ($3.9M) Net assets 104 ($44M)
'17'18'19'20'21'22'23'24
Revenue (97)Expenses (92)Net assets (104)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 2023 to 2024, from $66M to $80M (+21%).

$59M
$56M
$58M
$56M
$57M
$58M
$66M
$80M
'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 13% · 2018 11% · 2019 8% · 2020 32% · 2021 3% · 2022 9% · 2023 5% · 2024 11%. Grants only. Government contracts and fees sit inside program revenue.

22% of CABRILLO ECONOMIC DEVELOPMENT CORPORATION’s revenue is contributions — about as donation-reliant as the typical peer (39% for the typical peer).

This organization
Typical peer · 4,214 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 8 reported years ran a deficit.

$421k
’17
$438k
’18
$562k
’19
−$1.1M
’20
$902k
’21
−$34k
’22
$282k
’23
$621k
’24
12
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

Margarita De Escontrias

CEO

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed1312141515131313
Joined·+3+4+2+2+0+1+3
No longer listed·4212213
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 4 funders to 5 funders, grant income fell $570k → $339k.

6 of 23 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 3% 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 CABRILLO ECONOMIC DEVELOPMENT CORPORATION’s funders (the co-funder graph). Top 22 of 23 funders by total. 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.

How concentrated its funding is

CABRILLO ECONOMIC DEVELOPMENT CORPORATION leans on a few funders — its largest provides 68% of grant income and the top three 83%; half comes from just 1 funder.

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

87% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund CABRILLO ECONOMIC DEVELOPMENT CORPORATION.

68%
largest funder
83%
top three
~2
effective funders

Largest funder’s share by year: 2017 84% · 2018 87% · 2019 80% · 2020 53% · 2021 82% · 2022 58% · 2023 81% — diversifying over time.

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

How long its funders stay

33% of CABRILLO ECONOMIC DEVELOPMENT CORPORATION's funders are still giving 3 years after their first grant; 43% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

CABRILLO ECONOMIC DEVELOPMENT CORPORATION draws 92% of its grant income from funders outside California, across 10 states in all.

MN
WI
NY
OH
CA
MD
NC
DC
GA
TX

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
California out of state home

Funder states come from each funder’s own filing. $142k arriving through sponsors registered in 5 states 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

CABRILLO ECONOMIC DEVELOPMENT CORPORATION holds deeper cash reserves than three-quarters of the 3,973 housing & shelter nonprofits its size.

Operating margin14% · above the median
Months of reserve11.7mo · top quartile
Revenue growth (annualized)−0% · bottom quartile

this organization peer median middle 50% of peers· 3,973 housing & shelter nonprofits $1M–$10M, FY2024

Organizations like CABRILLO ECONOMIC DEVELOPMENT CORPORATION

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 California

Nationally

05Profile & governance

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

Where the money goes

68% of spending goes to programs.

Program 68%Management 28%Fundraising 4%

Governance

10
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

76%

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

Footprint & structure

Files a return copy in 1 state

CA

Part of a family of 25 related entities

  • Azahar Associates LLC · disregarded
  • Brisa Encina LLC · disregarded
  • Camino de Salud LLC · disregarded
  • Camino Esperanza LLC · disregarded
  • Camino Gonzalez LLC · disregarded

Screen this organization

A dated, signed PDF of the compliance screen for CABRILLO ECONOMIC DEVELOPMENT CORPORATION: 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 CABRILLO ECONOMIC DEVELOPMENT CORPORATION?
CABRILLO ECONOMIC DEVELOPMENT CORPORATION (California) receives grants from 23 organizations whose IRS filings report $4,458,713 to it, the largest being NEIGHBORHOOD REINVESTMENT CORPORATION ($3,014,192). 10 of them have funded it in more than one year.
How many funders does CABRILLO ECONOMIC DEVELOPMENT CORPORATION have?
IRS filings report 23 organizations giving $4,458,713 in grants to CABRILLO ECONOMIC DEVELOPMENT CORPORATION, 10 of which have funded it in more than one year.
Who is the largest funder of CABRILLO ECONOMIC DEVELOPMENT CORPORATION?
NEIGHBORHOOD REINVESTMENT CORPORATION is the largest funder on record, with $3,014,192 in grants. The full list of funders is on this page.
How can an organization like CABRILLO ECONOMIC DEVELOPMENT CORPORATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in California. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Cabrillo Economic Development →

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 23 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