Nonprofit screen
Screen a listCorning Community College Development Foundation Inc
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(2)
$2.6Mrevenue
FY2024 · −23% in 3 yrs8 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin−22.5%
Months of reserve3.7mo
Revenue growth (annualized)−0.6%
Middle half of peersMedianCorning Community College Development
Where the money goes FY2024 · $3.2M spent
Programs$2.8M87%Management and general$140k4%Fundraising$288k9%990 FY2024 · Part IX line 25
Worth checking1
Deficits in 2 of the last 3 years
−$891k in FY2023 and −$592k in FY2024. Cash covers 3.7 months, under the peer median of 4.1.
990 Part I and balance sheetIn its favor1
Strong governance
12 of 12 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VI21funders
$52ka year, last 3 years
28%from its largest funder
Funder’17’18’19’20’21’22’23Steuben Area Economic Development CorpStopped after FY2019$5.8M$238k$398k–Corning Incorporated FoundationOn and off$50k$8k$10kThird Street FoundationStopped after FY2018$23k$20k–Myrtle O Sargent TrustSince FY2022$8k$9kSuny Impact Foundation IncNew in FY2023$17kUnited Steelworkers Local Union 01000Stopped after FY2022$5k$5k$5k–Donor-advised giftsDonors not disclosed$11k$21k$13k$64$56k$18k8 other fundersUp to $10k a year each$4k$3k$10k$10k$500$5k$15k
FundedThrough a donor-advised fundStopped