Michigan · Nonprofit
CEREAL CITY DEVELOPMENT CORPORATION
CEREAL CITY DEVELOPMENT CORPORATION (Michigan) receives grants from 2 organizations whose IRS filings report $8,914 to it, the largest being FAIR FOOD NETWORK INC ($5,414). 1 of them have funded it in more than one year.
- Revenue FY2025
- $1.7M
- Funders on record
- 2
- Grants received
- $9k
- Net assets
- $120k
What Cereal City Development Corporation does
Mission
To attract a variety of events that contribute to the community's positive economic impact and quality of life and assist with economic development in the city of battle creek.
As stated on its FY2025 Form 990.
Program
Operation and management of kellogg arena and the festival market square for community events.
$1,556,216 spent$1,282,714 earned by the program100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $1,556,216.
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 2018 to 2019, from $140 to $336k (+239730%).
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: 2019 19% · 2020 37% · 2021 55% · 2022 20% · 2023 22% · 2024 21% · 2025 20%. Grants only. Government contracts and fees sit inside program revenue.
26% of CEREAL CITY DEVELOPMENT CORPORATION’s revenue is contributions — about as donation-reliant as the typical peer (61% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 4 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.
Board chair
Linda Freybler
Chairman
As listed on its FY2025 Form 990.
Who funds it, year by year
2019 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $500 → $6k.
From the IRS filings of CEREAL CITY DEVELOPMENT CORPORATION’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.
How concentrated its funding is
CEREAL CITY DEVELOPMENT CORPORATION leans on a few funders — its largest provides 61% 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
61% 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 CEREAL CITY DEVELOPMENT CORPORATION.
Largest funder’s share by year: 2019 100% · 2023 84% — 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.
Where its funders are
61% of CEREAL CITY DEVELOPMENT CORPORATION's grant income comes from Michigan funders.
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
CEREAL CITY DEVELOPMENT CORPORATION's funding base is broadening — from 1 funders to 2 as grant income climbed.
this organization peer median middle 50% of peers· 2,127 community improvement nonprofits $1M–$10M, FY2025
Organizations like CEREAL CITY 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 Michigan
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
85% of spending goes to programs.
Governance
Footprint & structure
Files a return copy in 1 state
Part of a family of 1 related entity
- City of Battle Creek · exempt
Screen this organization
A dated, signed PDF of the compliance screen for CEREAL CITY 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.
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 CEREAL CITY DEVELOPMENT CORPORATION?
- CEREAL CITY DEVELOPMENT CORPORATION (Michigan) receives grants from 2 organizations whose IRS filings report $8,914 to it, the largest being FAIR FOOD NETWORK INC ($5,414). 1 of them have funded it in more than one year.
- How many funders does CEREAL CITY DEVELOPMENT CORPORATION have?
- IRS filings report 2 organizations giving $8,914 in grants to CEREAL CITY DEVELOPMENT CORPORATION, 1 of which have funded it in more than one year.
- Who is the largest funder of CEREAL CITY DEVELOPMENT CORPORATION?
- FAIR FOOD NETWORK INC is the largest funder on record, with $5,414 in grants. The full list of funders is on this page.
- How can an organization like CEREAL CITY DEVELOPMENT CORPORATION find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Michigan. 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 Cereal City Development →
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 2 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