Nonprofit screen
Screen a listCoalfield Development Corporation
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Listed with the IRS, but California flags it.
Check its California registration before you grant.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- Not current
- Charity type
- 509(a)(1)
$23Mrevenue
FY2024 · +228% in 3 yrs184staff
8 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin30.7%
Months of reserve7.0mo
Revenue growth (annualized)+28.6%
Middle half of peersMedianCoalfield Development
Where the money goes FY2024 · $16M spent
Programs$12M76%Management and general$3.6M22%Fundraising$272k2%990 FY2024 · Part IX line 25
Worth checking1
A funder worth 65% of revenue stopped after FY2022
The Bloomberg Family Foundation Inc gave about $5.4M a year for two years, 65% of revenue in FY2022.
Funders’ 990-PF grant listsIn its favor3
Strong governance
12 of 12 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VIGrowing faster than peers
Revenue up 29% a year since FY2017, in the top quarter of similar nonprofits.
990 Part I · peer cohortA history of government grants
Government grants on 8 of its 8 returns, 34% of revenue in FY2024. $27M is traced federal awards from Department of Commerce.
990 Part VIII · USAspending64funders
$6.8Ma year, last 3 years
53%from its largest funder
Funder’17’18’19’20’21’22’23The Bloomberg Family Foundation IncStopped after FY2022$1.3M$9.5M–Claude Worthington Benedum FoundationSince FY2020$300k$175k$975k$600kThe Andrew W Mellon FoundationSince FY2022$900k$600kThe Rockefeller FoundationOn and off$1.0MThe Educational Foundation of AmericaSince FY2020$305k$175k$154k$304kMary Reynolds Babcock Foundation IncorporatedOn and off$110k$210k$225kDonor-advised giftsDonors not disclosed$80k$506k$56k$1.2M$245k$766k$2.3M32 other fundersUp to $250k a year each$107k$76k$430k$664k$668k$697k$630k
FundedThrough a donor-advised fundStopped