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Pennsylvania · Nonprofit

Downtown Shenandoah Inc

Downtown Shenandoah Inc (Pennsylvania) receives grants from 13 organizations whose IRS filings report $3,483,690 to it, the largest being SHUCOFSKY AND MALINOWSKY PERPETUAL CHARITABLE TRUST ($1,682,442). 8 of them have funded it in more than one year.

Revenue FY2024
$2.8M
Funders on record
13
Grants received
$3.5M
Net assets
$4.5M
8/13 repeat funderspeak grant-dependency 83%
01What it does

What Downtown Shenandoah Inc does

Mission

The mission of DSI is to return Downtown Shenandoah to an active pedestrian-oriented business district that will promote and sustain further economic, cultural and civic growth within the borough.

As stated on its FY2024 Form 990.

Program

  1. The mission of DSI is to return Downtown Shenandoah to an active pedestrian-oriented business district that will promote and sustain further economic, cultural and civic growth within the borough.

    $230,756 spent
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $230,756.

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. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($97k) Expenses 100 ($107k) Net assets 100 ($304k)2018 Revenue 166 ($161k) Expenses 130 ($140k) Net assets 107 ($325k)2019 Revenue 222 ($215k) Expenses 131 ($140k) Net assets 131 ($400k)2020 Revenue 203 ($197k) Expenses 104 ($112k) Net assets 159 ($485k)2021 Revenue 869 ($843k) Expenses 103 ($111k) Net assets 400 ($1.2M)2022 Revenue 682 ($661k) Expenses 97 ($105k) Net assets 583 ($1.8M)2023 Revenue 285 ($276k) Expenses 139 ($149k) Net assets 624 ($1.9M)2024 Revenue 2932 ($2.8M) Expenses 215 ($231k) Net assets 1483 ($4.5M)
'17'18'19'20'21'22'23'24
Revenue (2932)Expenses (215)Net assets (1483)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $1.9M to $4.8M (+150%).

$307k
$326k
$402k
$486k
$1.2M
$1.8M
$1.9M
$4.8M
'17'18'19'20'21'22'23'24
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
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2020 3% · 2021 18% · 2022 80% · 2023 14% · 2024 2%. Grants only. Government contracts and fees sit inside program revenue.

95% of Downtown Shenandoah Inc’s revenue is contributions — more donation-reliant than the typical peer (61% for the typical peer).

This organization
Typical peer · 4,434 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 8 reported years ran a deficit.

−$10k
’17
$21k
’18
$75k
’19
$85k
’20
$732k
’21
$557k
’22
$127k
’23
$2.6M
’24
113
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.

201920202021202220232024
Listed223333
Joined···+0+1+0
No longer listed···010
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 2 funders to 6 funders, grant income rose $69k → $170k.

3 of 13 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 1% 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 Downtown Shenandoah 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 Shenandoah Inc leans on a few funders — its largest provides 48% of grant income and the top three 92%; half comes from just 2 funders.

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

48%
largest funder
92%
top three
~3
effective funders

Largest funder’s share by year: 2017 59% · 2018 57% · 2019 59% · 2020 33% · 2021 52% · 2022 59% · 2023 56% — 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.

How long its funders stay

67% of Downtown Shenandoah Inc's funders are still giving 3 years after their first grant; 62% give in more than one year at all.

first grant+1y+2y+3y+4y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

100% of Downtown Shenandoah Inc's grant income comes from Pennsylvania funders.

PA

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

’17
’18
’19
’20
’21
’22
’23
Pennsylvania out of state home

Funder states come from each funder’s own filing. $33k arriving through sponsors registered in 3 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.

04Its place in the field

Against its field

Downtown Shenandoah Inc holds deeper cash reserves than three-quarters of the 4,203 community improvement nonprofits its size.

Operating margin92% · outside the comparable range
Months of reserve113.3mo · top quartile
Revenue growth (annualized)62% · top quartile

this organization peer median middle 50% of peers· 4,203 community improvement nonprofits $1M–$10M, FY2024

Government funding Downtown Shenandoah Inc receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $426k on record.

Federal$426k
grants $426kcontracts $0
21
22
Top agencies
  • Small Business Administration$350k
  • Department of Agriculture$76k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like Downtown Shenandoah 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 Pennsylvania

Nationally

05Profile & governance

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

Where the money goes

100% of spending goes to programs.

Program 100%Management 0%Fundraising 0%

Governance

4
board members
0%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention–Board reviewed the 990✓Audited financials

Public support

97%

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 Shenandoah 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.

A paid feature, included from the $75 plan up. Sign in to download.

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 Shenandoah Inc?
Downtown Shenandoah Inc (Pennsylvania) receives grants from 13 organizations whose IRS filings report $3,483,690 to it, the largest being SHUCOFSKY AND MALINOWSKY PERPETUAL CHARITABLE TRUST ($1,682,442). 8 of them have funded it in more than one year.
How many funders does Downtown Shenandoah Inc have?
IRS filings report 13 organizations giving $3,483,690 in grants to Downtown Shenandoah Inc, 8 of which have funded it in more than one year.
Who is the largest funder of Downtown Shenandoah Inc?
SHUCOFSKY AND MALINOWSKY PERPETUAL CHARITABLE TRUST is the largest funder on record, with $1,682,442 in grants. The full list of funders is on this page.
How can an organization like Downtown Shenandoah Inc find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Pennsylvania. 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 Shenandoah →

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 13 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