North Carolina · Nonprofit
Downtown Washington on the Waterfront
Downtown Washington on the Waterfront (North Carolina) receives grants from 5 organizations whose IRS filings report $110,225 to it, the largest being THE CANNON FOUNDATION INC ($45,000). 2 of them have funded it in more than one year.
- Revenue FY2024
- $328k
- Funders on record
- 5
- Grants received
- $110k
- Net assets
- $564k
What Downtown Washington on the Waterfront does
Mission
The mission of the WHDA is to recruit and support businesses in the Central Business District while building partnerships that encourage preservation and promote the Harbor District as an inclusive, professional,commercial,cultural and residential community on the water.
As stated on its FY2024 Form 990.
Program
Worked with the Chamber of Commerce, Arts of the Pamlico, and Tourism Development along with the City of Washington to increase foot traffic into local businesses expanding the local small business community. Operated the Harbor District Market, an indoor Farmers Market, on Main Street bringing an average of 500 people to downtown each Saturday. In addition, renovations began to the upstairs of the Market for training and workforce development.
$195,162 spent100% of program spending
The program described on its FY2023 Form 990. Program spending in total: $195,162.
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 2022 to 2023, from $568k to $974k (+71%).
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 36% · 2018 80% · 2019 65% · 2020 50% · 2021 18% · 2022 44% · 2023 12% · 2024 12%. Grants only. Government contracts and fees sit inside program revenue.
80% of Downtown Washington on the Waterfront’s revenue is contributions — more donation-reliant than the typical peer (62% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 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
2019 → 2023: the base held at 1 funder, grant income fell $8k → $60.
1 of 5 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 0% 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 Washington on the Waterfront’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 Washington on the Waterfront leans on a few funders — its largest provides 41% of grant income and the top three 91%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
36% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund Downtown Washington on the Waterfront.
Largest funder’s share by year: 2019 100% · 2020 57% · 2021 58% · 2022 100% · 2023 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
91% of Downtown Washington on the Waterfront's grant income comes from North Carolina funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $225 arriving through sponsors registered in 1 state 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
Downtown Washington on the Waterfront runs a healthier operating margin than three-quarters of the 11,971 community improvement nonprofits its size.
this organization peer median middle 50% of peers· 11,971 community improvement nonprofits $100k–$1M, FY2024
Government funding Downtown Washington on the Waterfront receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $81k on record.
- Department of Agriculture$81k
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 Washington on the Waterfront
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
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
75% of spending goes to programs.
Governance
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 Washington on the Waterfront: 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 Downtown Washington on the Waterfront?
- Downtown Washington on the Waterfront (North Carolina) receives grants from 5 organizations whose IRS filings report $110,225 to it, the largest being THE CANNON FOUNDATION INC ($45,000). 2 of them have funded it in more than one year.
- How many funders does Downtown Washington on the Waterfront have?
- IRS filings report 5 organizations giving $110,225 in grants to Downtown Washington on the Waterfront, 2 of which have funded it in more than one year.
- Who is the largest funder of Downtown Washington on the Waterfront?
- THE CANNON FOUNDATION INC is the largest funder on record, with $45,000 in grants. The full list of funders is on this page.
- How can an organization like Downtown Washington on the Waterfront 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 Washington on the Waterfront →
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 5 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