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New Jersey · Nonprofit

Downtown Westfield Corporation

Downtown Westfield Corporation (New Jersey) receives grants from 1 organization whose IRS filings report $2,229 to it, the largest being TEE & CHARLES ADDAMS FOUNDATION ($2,229). 0 of them have funded it in more than one year.

Revenue FY2025
$661k
Funders on record
1
Grants received
$2k
Net assets
$219k
0/1 repeat funderspeak grant-dependency 0%
01What it does

What Downtown Westfield Corporation does

Mission

Establish Westfield as a preferred destination for people to want to live, work and visit.

As stated on its FY2025 Form 990.

Program

  1. Provide programs, events and advertising to strengthen Downtown Westfield as the center of community life; improve its economic viability, support existing businesses; encourage the establishment of new enterprises; and support cultural activities. Make Downtown Westfield a safer, cleaner and more attractive pedestrian environment with adequate public parking to serve the needs of local residents and attract new shoppers and visitors. Preserve the rich architectural legacy of the downtown area.

    $576,269 spent
    100% of program spending

The program described on its FY2025 Form 990. Program spending in total: $576,269.

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 ($447k) Expenses 100 ($429k) Net assets 100 ($50k)2020 Revenue 147 ($658k) Expenses 150 ($643k) Net assets 322 ($162k)2021 Revenue 120 ($538k) Expenses 137 ($589k) Net assets 220 ($110k)2022 Revenue 147 ($658k) Expenses 157 ($676k) Net assets 184 ($93k)2023 Revenue 142 ($637k) Expenses 156 ($669k) Net assets 326 ($164k)2024 Revenue 132 ($590k) Expenses 124 ($532k) Net assets 442 ($222k)2025 Revenue 148 ($661k) Expenses 155 ($664k) Net assets 436 ($219k)
2017202020212022202320242025
Revenue (148)Expenses (155)Net assets (436)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 2022 to 2023, from $149k to $268k (+80%).

$313k
$234k
$173k
$149k
$268k
$296k
$269k
2017202020212022202320242025
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
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 92% · 2020 63% · 2021 77% · 2022 63% · 2023 75% · 2024 73% · 2025 74%. Grants only. Government contracts and fees sit inside program revenue.

74% of Downtown Westfield Corporation’s revenue is contributions — more donation-reliant than the typical peer (62% for the typical peer).

This organization
Typical peer · 12,454 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 7 reported years ran a deficit.

$18k
’17
$15k
’20
−$51k
’21
−$18k
’22
−$32k
’23
$58k
’24
−$3k
’25
3.8
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.

Chief executive

Daniel Taugher

Executive Director

Board chair

Jeff Kirshenbaum

Chair

As listed on its FY2025 Form 990.

The chief executive listed changed between the FY2024 and FY2025 filings.

2017202020212022202320242025
Listed11141314141414
Joined··+5+5+0+7+1
No longer listed··64071
03Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

Funder
'22
total
funders
1

From the IRS filings of Downtown Westfield Corporation’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.

Where its funders are

Downtown Westfield Corporation draws 100% of its grant income from funders outside New Jersey, across 1 state in all.

NY

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

Against its field

Downtown Westfield Corporation's revenue grew 48% between 2017 and 2025.

Operating margin−0% · below the median
Months of reserve3.8mo · below the median
Revenue growth (annualized)5% · below the median

this organization peer median middle 50% of peers· 7,668 community improvement nonprofits $100k–$1M, FY2025

Government funding Downtown Westfield Corporation receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $599k on record.

State$599k
13
17
19
20
22
23
25
Top programs
  • GRANT IN AID$255k
  • DIRECT STATE SERVICES - NON-SALARY$196k
  • FEDERAL$148k

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 Westfield Corporation

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 New Jersey

Nationally

05Profile & governance

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

Where the money goes

87% of spending goes to programs.

Program 87%Management 13%Fundraising 0%

Governance

11
board members
100%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 1 state

NJ

Screen this organization

A dated, signed PDF of the compliance screen for Downtown Westfield Corporation: 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 Westfield Corporation?
Downtown Westfield Corporation (New Jersey) receives grants from 1 organization whose IRS filings report $2,229 to it, the largest being TEE & CHARLES ADDAMS FOUNDATION ($2,229). 0 of them have funded it in more than one year.
How many funders does Downtown Westfield Corporation have?
IRS filings report 1 organization giving $2,229 in grants to Downtown Westfield Corporation.
Who is the largest funder of Downtown Westfield Corporation?
TEE & CHARLES ADDAMS FOUNDATION is the largest funder on record, with $2,229 in grants. The full list of funders is on this page.
How can an organization like Downtown Westfield Corporation find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in New Jersey. 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 Westfield →

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 1 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 22, 2026. What this page cannot tell you · view filing