California · Nonprofit
CALIFORNIA ACADEMY FOR ECONOMIC DEVELOPMENT
CALIFORNIA ACADEMY FOR ECONOMIC DEVELOPMENT (California) receives grants from 1 organization whose IRS filings report $500,000 to it, the largest being JPMORGAN CHASE FOUNDATION ($500,000). 1 of them have funded it in more than one year.
- Revenue FY2025
- $359k
- Funders on record
- 1
- Grants received
- $500k
- Net assets
- $561k
What California Academy for Economic Development does
Mission
Devoted to career training, community education and research. By emphasizing innovation as well as tested methods, we strive to educate economic developers and communities on best practices to grow healthy and vibrant communities.
As stated on its FY2025 Form 990.
Programs
Conduct economic development activities including identifying best practices, partnering with local government officials, and supporting an annual economic development conference/training.
$25,263 spentof which $12,982 as grants$27,050 earned by the program14% of program spendingThe outsmart disaster campaign was designed by california's business consumer services and housing agency (bcsh) to communicate risks, provide resources, and call to action businesses and organizations with the goal of collectively becoming more prepared to reduce damages and speed up business recovery in california. With the help of the state of ca's partner, the California Academy for Economic Development (the academy), the goal of the campaign is to assist interested participants in their endeavor to become resilient. The academy has a contract with the state of ca to serve as the fiscal agent and managing entity for the program.
$160,994 spent$10,992 earned by the program86% of program spending
The 2 programs described on its FY2023 Form 990, listed largest first by expense. Program spending in total: $186,257.
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.
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 $208k to $657k (+216%).
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: 2022 49% · 2023 41% · 2024 50% · 2025 57%. Grants only. Government contracts and fees sit inside program revenue.
85% of CALIFORNIA ACADEMY FOR ECONOMIC DEVELOPMENT’s revenue is contributions — more donation-reliant than the typical peer (57% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 9 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.
Chief executive
Gurbax Sahota
Executive director
Board chair
Kevin Ham
Chairman
As listed on its FY2025 Form 990.
Who funds it, year by year
2019 → 2020: the base held at 1 funder, grant income held at $250k.
From the IRS filings of CALIFORNIA ACADEMY FOR 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
CALIFORNIA ACADEMY FOR ECONOMIC DEVELOPMENT draws 100% of its grant income from funders outside California, across 1 state in all.
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.
Against its field
CALIFORNIA ACADEMY FOR ECONOMIC DEVELOPMENT holds deeper cash reserves than three-quarters of the 16,849 education nonprofits its size.
this organization peer median middle 50% of peers· 16,849 education nonprofits $100k–$1M, FY2025
Government funding CALIFORNIA ACADEMY FOR ECONOMIC DEVELOPMENT receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $783k on record.
- Department of Commerce$783k
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 CALIFORNIA ACADEMY FOR 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 California
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
91% of spending goes to programs.
Governance
Public support
46%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Part of a family of 1 related entity
- Ca Association for Local Economic Development · exempt
Screen this organization
A dated, signed PDF of the compliance screen for CALIFORNIA ACADEMY FOR 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.
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 CALIFORNIA ACADEMY FOR ECONOMIC DEVELOPMENT?
- CALIFORNIA ACADEMY FOR ECONOMIC DEVELOPMENT (California) receives grants from 1 organization whose IRS filings report $500,000 to it, the largest being JPMORGAN CHASE FOUNDATION ($500,000). 1 of them have funded it in more than one year.
- How many funders does CALIFORNIA ACADEMY FOR ECONOMIC DEVELOPMENT have?
- IRS filings report 1 organization giving $500,000 in grants to CALIFORNIA ACADEMY FOR ECONOMIC DEVELOPMENT, 1 of which have funded it in more than one year.
- Who is the largest funder of CALIFORNIA ACADEMY FOR ECONOMIC DEVELOPMENT?
- JPMORGAN CHASE FOUNDATION is the largest funder on record, with $500,000 in grants. The full list of funders is on this page.
- How can an organization like CALIFORNIA ACADEMY FOR ECONOMIC DEVELOPMENT 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.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), 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