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West Virginia · Nonprofit

CAPITAL AREA DEVELOPMENT CORPORATION OF WEST VIRGINIA

CAPITAL AREA DEVELOPMENT CORPORATION OF WEST VIRGINIA (West Virginia) receives grants from 3 organizations whose IRS filings report $801,252 to it, the largest being CADCO FOUNDATION INC ($777,252). 2 of them have funded it in more than one year.

$2.7M
Revenue FY2024
3
Funders on record
$801k
Grants received
$8.2M
Net assets
2/3 repeat funderspeak grant-dependency 14%

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 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 50 means half. The number beside each label in the key is where it ended.

100 = 20202020 Revenue 100 ($1.7M) Expenses 100 ($1.6M) Net assets 100 ($4.7M)2021 Revenue 87 ($1.5M) Expenses 83 ($1.4M) Net assets 102 ($4.8M)2022 Revenue 209 ($3.5M) Expenses 91 ($1.5M) Net assets 145 ($6.9M)2023 Revenue 139 ($2.3M) Expenses 112 ($1.8M) Net assets 156 ($7.4M)2024 Revenue 161 ($2.7M) Expenses 119 ($1.9M) Net assets 173 ($8.2M)
20202021202220232024
Revenue (161)Expenses (119)Net assets (173)

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.

2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2020 29% · 2021 19% · 2022 67% · 2023 40% · 2024 44%. Grants only. Government contracts and fees sit inside program revenue.

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 5 reported years ran a deficit.

$55k
20
$116k
21
$2.0M
22
$517k
23
$770k
24
30
months of
reserve
02Who funds it

Who funds it, year by year

2020 → 2023: the base held at 1 funder, grant income fell $206k → $20k.

From the IRS filings of CAPITAL AREA DEVELOPMENT CORPORATION OF WEST VIRGINIA’s funders (the co-funder graph). Association, not causation.

How concentrated its funding is

CAPITAL AREA DEVELOPMENT CORPORATION OF WEST VIRGINIA leans on a few funders — its largest provides 97% 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

97%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2020 100% · 2021 98% · 2022 97% · 2023 100%broadly stable.

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

Where its funders are

100% of CAPITAL AREA DEVELOPMENT CORPORATION OF WEST VIRGINIA's grant income comes from West Virginia funders.

WV

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

20
21
22
23
West Virginia out of state home

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 CAPITAL AREA DEVELOPMENT CORPORATION OF WEST VIRGINIA receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $13.1M on record.

Federal$13.1M
grants $13.1Mcontracts $0
Top agencies
  • Department of Commerce$13.1M

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 CAPITAL AREA DEVELOPMENT CORPORATION OF WEST VIRGINIA

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

76% of spending goes to programs.

Program 76%Management 21%Fundraising 3%

Governance

37
board members
100%
independent
Conflict-of-interest policyWhistleblower policyDocument retentionBoard reviewed the 990Audited financials

Footprint & structure

Files a return copy in 1 state

WV

Part of a family of 3 related entities

  • CADCO Foundation Inc · exempt
  • Enterprise Properties Inc · exempt
  • Interregional Chamber of Commerce Inc · exempt

Screen this organization

A dated, signed PDF of the compliance screen for CAPITAL AREA DEVELOPMENT CORPORATION OF WEST VIRGINIA: 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 CAPITAL AREA DEVELOPMENT CORPORATION OF WEST VIRGINIA?
CAPITAL AREA DEVELOPMENT CORPORATION OF WEST VIRGINIA (West Virginia) receives grants from 3 organizations whose IRS filings report $801,252 to it, the largest being CADCO FOUNDATION INC ($777,252). 2 of them have funded it in more than one year.
How many funders does CAPITAL AREA DEVELOPMENT CORPORATION OF WEST VIRGINIA have?
IRS filings report 3 organizations giving $801,252 in grants to CAPITAL AREA DEVELOPMENT CORPORATION OF WEST VIRGINIA, 2 of which have funded it in more than one year.
Who is the largest funder of CAPITAL AREA DEVELOPMENT CORPORATION OF WEST VIRGINIA?
CADCO FOUNDATION INC is the largest funder on record, with $777,252 in grants. The full list of funders is on this page.
How can an organization like CAPITAL AREA DEVELOPMENT CORPORATION OF WEST VIRGINIA 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 2020–2024), and the filings of 3funders 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