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North Carolina · Nonprofit

DOWNTOWN SANFORD INC

DOWNTOWN SANFORD INC (North Carolina) receives grants from 3 organizations whose IRS filings report $14,280 to it, the largest being THE PERKINS FOUNDATION INC ($5,500). 1 of them have funded it in more than one year.

Revenue FY2025
$364k
Funders on record
3
Grants received
$14k
Net assets
$105k
1/3 repeat funderspeak grant-dependency 3%
01What it does

What Downtown Sanford Inc does

Mission

To manage the development of downtown sanford as the primary economic, cultural, and social center of the community; to educate the community on the unique assets and historical significance of the downtown area; and to promote and stimulate the improvement of these assets.

As stated on its FY2025 Form 990.

Program

  1. Management of economic, cultural, and social center of growth of the community

    $317,837 spentof which $353,699 as grants$11,256 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $317,837.

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.

100 = 20172017 Revenue 100 ($107k) Expenses 100 ($94k) Net assets 100 ($30k)2018 Revenue 86 ($92k) Expenses 97 ($91k) Net assets 103 ($31k)2019 Revenue 145 ($155k) Expenses 141 ($132k) Net assets 181 ($54k)2020 Revenue 208 ($223k) Expenses 199 ($187k) Net assets 247 ($74k)2021 Revenue 242 ($259k) Expenses 261 ($245k) Net assets 296 ($89k)2022 Revenue 301 ($323k) Expenses 327 ($306k) Net assets 352 ($106k)2023 Revenue 346 ($371k) Expenses 416 ($389k) Net assets 291 ($87k)2024 Revenue 364 ($390k) Expenses 404 ($379k) Net assets 328 ($98k)2025 Revenue 339 ($364k) Expenses 381 ($357k) Net assets 350 ($105k)
'17'18'19'20'21'22'23'24'25
Revenue (339)Expenses (381)Net assets (350)

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 $54k to $97k (+79%).

$30k
$31k
$54k
$97k
$89k
$106k
$88k
$99k
$106k
'17'18'19'20'21'22'23'24'25
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
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2020 71% · 2021 48% · 2022 71% · 2023 64% · 2024 78% · 2025 75%. Grants only. Government contracts and fees sit inside program revenue.

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 9 reported years ran a deficit.

$14k
’17
$850
’18
$23k
’19
$37k
’20
$15k
’21
$17k
’22
−$18k
’23
$11k
’24
$7k
’25
2.9
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.

Board chair

Sharon Spence

Chair

As listed on its FY2025 Form 990.

202020212022202320242025
Listed151515141515
Joined·+1+0+1+6+0
No longer listed·10250
03Who funds it

Who funds it, year by year

2019 → 2020: the base held at 1 funder, grant income fell $5k → $4k.

From the IRS filings of DOWNTOWN SANFORD 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

DOWNTOWN SANFORD INC leans on a few funders — its largest provides 39% of grant income and the top three 100%; half comes from just 2 funders.

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

39%
largest funder
100%
top three
~3
effective funders

Largest funder’s share by year: 2019 100% · 2020 100% — broadly stable.

“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

100% of DOWNTOWN SANFORD INC's grant income comes from North Carolina funders.

NC

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

’19
’20
North Carolina out of state home

Funder states come from each funder’s own filing. 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

Organizations like DOWNTOWN SANFORD 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 North Carolina

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

89% of spending goes to programs.

Program 89%Management 11%Fundraising 0%

Governance

15
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention–Board reviewed the 990–Audited financials

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for DOWNTOWN SANFORD 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.

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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 DOWNTOWN SANFORD INC?
DOWNTOWN SANFORD INC (North Carolina) receives grants from 3 organizations whose IRS filings report $14,280 to it, the largest being THE PERKINS FOUNDATION INC ($5,500). 1 of them have funded it in more than one year.
How many funders does DOWNTOWN SANFORD INC have?
IRS filings report 3 organizations giving $14,280 in grants to DOWNTOWN SANFORD INC, 1 of which have funded it in more than one year.
Who is the largest funder of DOWNTOWN SANFORD INC?
THE PERKINS FOUNDATION INC is the largest funder on record, with $5,500 in grants. The full list of funders is on this page.
How can an organization like DOWNTOWN SANFORD INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in North Carolina. 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 Downtown Sanford →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 3 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