New York · Nonprofit
Commonwise Education Inc
Commonwise Education Inc (New York) receives grants from 7 organizations whose IRS filings report $1,277,715 to it, the largest being The Kendeda Fund ($1,025,000). 3 of them have funded it in more than one year.
- Revenue FY2024
- $315k
- Funders on record
- 7
- Grants received
- $1.3M
- Net assets
- $186k
What Commonwise Education Inc does
Mission
The organization coordinates the people, businesses and institutions of the bronx to develop shared wealth and ownership and supports low income people of color in the decision making process at every step. This network of stakeholders,is known as the bronx cooperative development initiative (bcdi). Based on a framework of economic democracy, bcdi leverages existing bronx assets to address economic, social, and environmental challenges within the borough, and supports collective ownership models in order to distribute wealth and decision-making equitably and broadly among bronx residents.
As stated on its FY2024 Form 990.
Program
In 2024 BCDI core work was supporting the advancement of a Bronxwide economic development plan grounded in our values of economic democracy and racial justice. In 2024 our coalition moved from planning to our first year of advocacy for implementation of our priority projects. BCDI supported the development of the Sustainable Economy Partnership (SEP). The SEP is a multi-million dollar borough-wide initiative to advance environmental resilience, small business, and workforce development in connection with necessary retrofits of our aging and neglected built environment. We also continued to work on securing the future of our planning work by initiating a partnership with the Bronx Economic Development Corporation (BXEDC) to pursue a Comprehensive Economic Development Strategy (CEDS) grant from the Federal Economic Development Administration. Our successful application for this two year grant allows us to broaden our reach and validate our years of community-led work by having the first Bronxwide economic development plan arise from our multi-year efforts. In 2024, the BronXchange continued the work as a network and service platform that leverages Bronx institutional buying power to…
$267,438 spent100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $267,438.
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 $518k to $1.2M (+130%).
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: 2017 10% · 2018 17% · 2019 42% · 2020 20% · 2021 38% · 2022 9%. Grants only. Government contracts and fees sit inside program revenue.
99% of Commonwise Education Inc’s revenue is contributions — more reliant on donations than three-quarters of its peers (62% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 6 of the last 8 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.
Who funds it, year by year
2017 → 2023: the base broadened from 1 funder to 2 funders, grant income fell $80k → $24k.
2 of 7 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 4% 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 Commonwise Education Inc’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
Commonwise Education Inc leans on a few funders — its largest provides 80% of grant income and the top three 93%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
Largest funder’s share by year: 2017 100% · 2020 78% · 2021 89% · 2022 92% · 2023 67% — 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
Commonwise Education Inc draws 83% of its grant income from funders outside New York, across 2 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $50k arriving through sponsors registered in 2 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.
Against its field
Commonwise Education Inc's revenue fell 74% between 2017 and 2024.
this organization peer median middle 50% of peers· 11,971 community improvement nonprofits $100k–$1M, FY2024
Organizations like Commonwise Education Inc
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 New York
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
43% of spending goes to programs.
Governance
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
Screen this organization
A dated, signed PDF of the compliance screen for Commonwise Education Inc: 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 Commonwise Education Inc?
- Commonwise Education Inc (New York) receives grants from 7 organizations whose IRS filings report $1,277,715 to it, the largest being The Kendeda Fund ($1,025,000). 3 of them have funded it in more than one year.
- How many funders does Commonwise Education Inc have?
- IRS filings report 7 organizations giving $1,277,715 in grants to Commonwise Education Inc, 3 of which have funded it in more than one year.
- Who is the largest funder of Commonwise Education Inc?
- The Kendeda Fund is the largest funder on record, with $1,025,000 in grants. The full list of funders is on this page.
- How can an organization like Commonwise Education Inc find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in New York. 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 Commonwise Education →
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 7 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