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West Virginia · Nonprofit

COALFIELD DEVELOPMENT CORPORATION

COALFIELD DEVELOPMENT CORPORATION (West Virginia) receives grants from 64 organizations whose IRS filings report $43,616,123 to it, the largest being NATIONAL PHILANTHROPIC TRUST ($11,215,000). 32 of them have funded it in more than one year.

Revenue FY2024
$23M
Funders on record
64
Grants received
$44M
Net assets
$23M
32/64 repeat funderspeak grant-dependency 88%
01What it does

What Coalfield Development Corporation does

Mission

To solve the problem of generational poverty in rural communities caused by extractive mono-economies through four core capabilities: incubation and investing in employment-based social enterprise, facilitating professional, personal, and academic debelopment for people facing barriers to employment,

As stated on its FY2024 Form 990.

Programs

  1. Workforce development: we wholly or partially own a family of employment- based social enterprises designed to diversify the regional economy to be less dependent on coal. By "employment-based" we mean enterprises that exist for the purpose of advancing the well-being of its emplyees, which we do primarily through our personal and academic development programming. Our enterprises' successes are measured according to a triple bottom line: people, planet, profit. Revenue from our social enterprises enables our organization to create hundreds of jobs and to be less grant-dependent and more financially sustainable. Our communitites are severely economically distressed as a result of over-reliance on the coal industry. Therefore, creating new businesses is critical to realizing our vision; otherwise, our trainees and graduates would often have nowhere to put their new training and credentials to use. As a licensed general contractor, coalfield development can advance bold,creative projects in deep collaboration with the communitites we serve.our projects are designed and ultimately owned by the community. We keepa project pipeline full and advance projects through this pipeline…

    $5,312,859 spentof which $221,050 as grants$1,106,964 earned by the program
    43% of program spending
  2. Community and economic development: coalfield development trains unemployed people in modern workforce skills. Throughout the year, we facilitate dozens of learning opportunitites for community members. Our network of employers ensures our training is relevant to their needs. This waym graduates of our training can quickly find gainful employment and our local businesses can have an effective workforce with which to grow. Our most in-depth opportunity is for the personal and academic development of our crew members who staff our social enterprises. Crew members work our 33-6 -3 model where each week they complete 33 hours of paid work, 6 credit hours of higher education, and 3 hours of personal development mentorship. We make up to a three-year employment commitmentto crew members as they earn an associate degree or trade certification and gain traction on life goals. Prior to becoming a crew member, people must complete a six-month course called workforce readiness and professional success (wraps). Wraps trainees are paid for 33 hours of work and three hours of professional development each week. Instead of pursing higher education at this stage, trainees identify barries to…

    $7,005,743 spentof which $805,418 as grants$84,789 earned by the program
    57% of program spending

The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $12,318,602.

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 ($4.0M) Expenses 100 ($4.4M) Net assets 100 ($791k)2018 Revenue 175 ($7.0M) Expenses 116 ($5.1M) Net assets 643 ($5.1M)2019 Revenue 142 ($5.7M) Expenses 99 ($4.3M) Net assets 693 ($5.5M)2020 Revenue 157 ($6.3M) Expenses 93 ($4.1M) Net assets 1056 ($8.4M)2021 Revenue 177 ($7.1M) Expenses 123 ($5.4M) Net assets 1278 ($10M)2022 Revenue 365 ($15M) Expenses 166 ($7.3M) Net assets 2218 ($18M)2023 Revenue 289 ($12M) Expenses 300 ($13M) Net assets 2029 ($16M)2024 Revenue 581 ($23M) Expenses 370 ($16M) Net assets 2949 ($23M)
'17'18'19'20'21'22'23'24
Revenue (581)Expenses (370)Net assets (2949)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 2021 to 2022, from $14M to $25M (+72%).

$2.3M
$8.8M
$9.3M
$11M
$14M
$25M
$25M
$35M
'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 51% · 2018 54% · 2019 35% · 2020 28% · 2021 31% · 2022 19% · 2023 58% · 2024 34%. Grants only. Government contracts and fees sit inside program revenue.

94% of COALFIELD DEVELOPMENT CORPORATION’s revenue is contributions — more reliant on donations than three-quarters of its peers (13% for the typical peer).

This organization
Typical peer · 888 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.

−$351k
’17
$2.0M
’18
$1.4M
’19
$2.2M
’20
$1.8M
’21
$7.4M
’22
−$1.5M
’23
$7.2M
’24
7.0
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

Jacob I Hannah

CEO

Board chair

Kenzie New-Walker

Chair

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed1313121414151716
Joined·+4+3+3+0+2+2+2
No longer listed·4410103
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 6 funders to 22 funders, grant income rose $187k → $4.7M.

17 of 64 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 43% 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 COALFIELD DEVELOPMENT CORPORATION’s funders (the co-funder graph). Top 30 of 64 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

COALFIELD DEVELOPMENT CORPORATION leans on a few funders — its largest provides 26% of grant income and the top three 57%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

54% 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 COALFIELD DEVELOPMENT CORPORATION.

26%
largest funder
57%
top three
~7
effective funders

Largest funder’s share by year: 2017 50% · 2018 63% · 2019 38% · 2020 39% · 2021 47% · 2022 73% · 2023 32% — 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

37% of COALFIELD DEVELOPMENT CORPORATION's funders are still giving 3 years after their first grant; 50% 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

COALFIELD DEVELOPMENT CORPORATION draws 91% of its grant income from funders outside West Virginia, across 18 states in all.

WI
NY
MA
OH
PA
NJ
CA
UT
CO
KY
WV
VA
MD
DE
NC
DC
TX
FL

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

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

Funder states come from each funder’s own filing. $19M arriving through sponsors registered in 14 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

COALFIELD DEVELOPMENT CORPORATION runs a healthier operating margin than three-quarters of the 818 housing & shelter nonprofits its size.

Operating margin31% · top quartile
Months of reserve7.0mo · top quartile
Revenue growth (annualized)29% · top quartile

this organization peer median middle 50% of peers· 818 housing & shelter nonprofits $10M–$100M, FY2024

Government funding COALFIELD DEVELOPMENT CORPORATION receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $26.5M on record.

Federal$26.5M
grants $26.5Mcontracts $0
17
18
19
20
21
22
23
24
25
26
Top agencies
  • Department of Commerce$16.6M
  • Department of Labor$5.2M
  • Department of Health and Human Services$2.4M
  • Department of Agriculture$811k
  • Department of the Interior$749k
  • Environmental Protection Agency$700k

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 COALFIELD 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 West Virginia

Nationally

05Profile & 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 22%Fundraising 2%

Governance

12
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

99%

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

Screen this organization

A dated, signed PDF of the compliance screen for COALFIELD 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.

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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 COALFIELD DEVELOPMENT CORPORATION?
COALFIELD DEVELOPMENT CORPORATION (West Virginia) receives grants from 64 organizations whose IRS filings report $43,616,123 to it, the largest being NATIONAL PHILANTHROPIC TRUST ($11,215,000). 32 of them have funded it in more than one year.
How many funders does COALFIELD DEVELOPMENT CORPORATION have?
IRS filings report 64 organizations giving $43,616,123 in grants to COALFIELD DEVELOPMENT CORPORATION, 32 of which have funded it in more than one year.
Who is the largest funder of COALFIELD DEVELOPMENT CORPORATION?
NATIONAL PHILANTHROPIC TRUST is the largest funder on record, with $11,215,000 in grants. The full list of funders is on this page.
How can an organization like COALFIELD DEVELOPMENT CORPORATION 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 64 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 22, 2026. What this page cannot tell you · view filing