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Pennsylvania · Nonprofit

ELIZABETH AREA DEVELOPMENT CORPORATION

ELIZABETH AREA DEVELOPMENT CORPORATION (Pennsylvania) receives grants from 3 organizations whose IRS filings report $153,028 to it, the largest being WALKER ALBERT E & MABEL C - FDN TR ($150,000). 3 of them have funded it in more than one year.

Revenue FY2022
$83k
Funders on record
3
Grants received
$153k
Net assets
$339k
3/3 repeat funderspeak grant-dependency 31%
01What it does

What Elizabeth Area Development Corporation does

Mission

The Elizabeth Area Development Corporation (EADC) is a local 501c(3) non-profit organization working to revitalize historic downtown Elizabeth along the Monongahela River. EADC focuses on revitalization and business development though river recreation, arts, heritage historic preservation, and special event activities.

As stated on its FY2022 Form 990-EZ.

Programs

  1. Walker Grant EADC received a $25000 grant from the Walker Foundation for the maintenance and upkeep of the cemetery. The Walker family was a prominent family owned a boat building company and were one of the most prominent Steamboat builders in the 1800's.

    $16,822 spentof which $25,000 as grants
    61% of program spending
  2. Plum Street Concert Series is a series of Summer concerts in downtown Elizabeth. EADC hosts this event which is the largest fund raiser.

    $8,169 spent
    30% of program spending
  3. Light up night - is the second largest fund raiser held in December.

    $2,549 spent
    9% of program spending

The 3 programs described on its FY2022 Form 990-EZ. Program spending in total: $27,540.

02The organization over time

The organization over time

Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 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 = 20202020 Revenue 100 ($340k) Expenses 100 ($57k) Net assets 100 ($297k)2022 Revenue 25 ($83k) Expenses 100 ($57k) Net assets 114 ($339k)
20202022
Revenue (25)Expenses (100)Net assets (114)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars.

$297k
$339k
20202022
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.

2020
2022
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2020 88%. Grants only. Government contracts and fees sit inside program revenue.

100% of ELIZABETH AREA DEVELOPMENT CORPORATION’s revenue is contributions — more reliant on donations than three-quarters of its peers (87% for the typical peer).

This organization
Typical peer · 1,273 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 2 reported years ran a deficit.

$283k
’20
$26k
’22
4.6
months of
reserve
03Who funds it

Who funds it, year by year

2020 → 2023: the base held at 2 funders, grant income rose $25k → $26k.

Funder
'20
'21
'22
'23
'24*
'25*
total
funders
2
3
3
2
1
1

1 of 3 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 ELIZABETH AREA DEVELOPMENT 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.

How concentrated its funding is

ELIZABETH AREA DEVELOPMENT CORPORATION leans on a few funders — its largest provides 98% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

98%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2020 100% · 2021 96% · 2022 96% · 2023 96% — 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.

Where its funders are

98% of ELIZABETH AREA DEVELOPMENT CORPORATION's grant income comes from Pennsylvania funders.

IL
PA

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

’20
’21
’22
’23
Pennsylvania out of state home

Funder states come from each funder’s own filing. $28 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.

04Its place in the field

Against its field

ELIZABETH AREA DEVELOPMENT CORPORATION runs a healthier operating margin than three-quarters of the 1,126 unclassified nonprofits its size.

Operating margin31% · top quartile
Revenue growth (annualized)−50% · bottom quartile

this organization peer median middle 50% of peers· 1,126 unclassified nonprofits under $100k, FY2022

Organizations like ELIZABETH AREA DEVELOPMENT 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 Pennsylvania

Nationally

05Profile & governance

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

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 ELIZABETH AREA DEVELOPMENT 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.

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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 ELIZABETH AREA DEVELOPMENT CORPORATION?
ELIZABETH AREA DEVELOPMENT CORPORATION (Pennsylvania) receives grants from 3 organizations whose IRS filings report $153,028 to it, the largest being WALKER ALBERT E & MABEL C - FDN TR ($150,000). 3 of them have funded it in more than one year.
How many funders does ELIZABETH AREA DEVELOPMENT CORPORATION have?
IRS filings report 3 organizations giving $153,028 in grants to ELIZABETH AREA DEVELOPMENT CORPORATION, 3 of which have funded it in more than one year.
Who is the largest funder of ELIZABETH AREA DEVELOPMENT CORPORATION?
WALKER ALBERT E & MABEL C - FDN TR is the largest funder on record, with $150,000 in grants. The full list of funders is on this page.
How can an organization like ELIZABETH AREA DEVELOPMENT CORPORATION 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 Elizabeth Area Development →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2022 (financials across 2020–2022), 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