Nonprofit screen
Screen a listDowntown Development Corporation
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)(1)
$1.9Mrevenue
FY2024 · −17% in 3 yrs8 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin−1.1%
Months of reserve6.6mo
Revenue growth (annualized)+1.7%
Middle half of peersMedianDowntown Development
Where the money goes FY2024 · $1.9M spent
Programs$1.6M85%Management and general$265k14%Fundraising$22k1%990 FY2024 · Part IX line 25
Worth checking1
Deficits in 2 of the last 3 years
−$95k in FY2023 and −$20k in FY2024. Cash covers 6.6 months, above the peer median of 5.5.
990 Part I and balance sheetIn its favor1
Strong governance
39 of 39 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VI18funders
$97ka year, last 3 years
26%from its largest funder
Funder’17’18’19’20’21’22’23Norton Healthcare IncOn and off$15k$15k$15k$15k$15k$15kThe Gheens Foundation IncNew in FY2023$75kJames Graham Brown Foundation IncNew in FY2023$75kJack Harlow Foundation IncNew in FY2023$46kSociable Weaver Foundation IncOn and off$10k$10k$13kFord PhilanthropyOn and off$3k$8k$5kDonor-advised giftsDonors not disclosed$7k$18k4 other fundersUp to $3k a year each$5k$2k
FundedThrough a donor-advised fund