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New York · Nonprofit

FAC CENTER LOCAL DEVELOPMENT CORPORATION

FAC CENTER LOCAL DEVELOPMENT CORPORATION (New York) receives grants from 1 organization whose IRS filings report $256,166 to it, the largest being FIFTH AVENUE COMMITTEE INC ($256,166). 1 of them have funded it in more than one year.

Revenue FY2025
$782k
Funders on record
1
Grants received
$256k
Net assets
$4.1M
1/1 repeat funderspeak grant-dependency 11%
01What it does

What Fac Center Local Development Corporation does

Mission

The mission of the organization is to reduce unemployment and expand job opportunities in the south brooklyn area.

As stated on its FY2025 Form 990.

Program

  1. The organization serves as a community center in south brooklyn to train individuals on improving their job skills and employee marketability, attract out of the area businesses and agencies to relocate or grow to the local area and reatin local businesses and agencies.

    $562,692 spent$725,843 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $562,692.

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 ($864k) Expenses 100 ($569k) Net assets 100 ($818k)2021 Revenue 82 ($708k) Expenses 103 ($584k) Net assets 115 ($943k)2022 Revenue 82 ($710k) Expenses 96 ($544k) Net assets 136 ($1.1M)2023 Revenue 387 ($3.3M) Expenses 142 ($805k) Net assets 445 ($3.6M)2024 Revenue 87 ($751k) Expenses 97 ($549k) Net assets 470 ($3.8M)2025 Revenue 91 ($782k) Expenses 100 ($571k) Net assets 495 ($4.1M)
202020212022202320242025
Revenue (91)Expenses (100)Net assets (495)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 $4.4M to $6.8M (+54%).

$4.5M
$4.4M
$4.4M
$6.8M
$6.8M
$6.7M
202020212022202320242025
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
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

0% of FAC CENTER LOCAL DEVELOPMENT CORPORATION’s revenue is contributions — more earned-revenue than three-quarters of its peers (62% for the typical peer).

This organization
Typical peer · 12,439 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 6 reported years ran a deficit.

$295k
’20
$124k
’21
$166k
’22
$2.5M
’23
$202k
’24
$211k
’25
31
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.

202020212022202320242025
Listed334333
Joined·+0+2+0+0+0
No longer listed·01100
03Who funds it

Who funds it, year by year

2020 → 2021: the base held at 1 funder, grant income fell $93k → $13k.

Funder
'20
'21
'24*
total
funders
1
1
1

From the IRS filings of FAC CENTER LOCAL 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.

Where its funders are

100% of FAC CENTER LOCAL DEVELOPMENT CORPORATION's grant income comes from New York funders.

NY

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

’20
’21
New York 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

Against its field

FAC CENTER LOCAL DEVELOPMENT CORPORATION runs a healthier operating margin than three-quarters of the 7,175 community improvement nonprofits its size.

Operating margin27% · top quartile
Months of reserve30.8mo · top quartile
Revenue growth (annualized)−2% · bottom quartile

this organization peer median middle 50% of peers· 7,175 community improvement nonprofits $100k–$1M, FY2025

Organizations like FAC CENTER LOCAL 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 New York

Nationally

05Profile & governance

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

Where the money goes

99% of spending goes to programs.

Program 99%Management 1%Fundraising 0%

Governance

3
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

96%

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

Footprint & structure

Files a return copy in 1 state

NY

Part of a family of 47 related entities

  • Sunset Garden LLC · disregarded
  • Fac at Member LLC · disregarded
  • Fac Solar LLC · disregarded
  • Fac Gowanus Green LLC · disregarded
  • Gowanus Green Building D LLC · disregarded

Screen this organization

A dated, signed PDF of the compliance screen for FAC CENTER LOCAL 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 FAC CENTER LOCAL DEVELOPMENT CORPORATION?
FAC CENTER LOCAL DEVELOPMENT CORPORATION (New York) receives grants from 1 organization whose IRS filings report $256,166 to it, the largest being FIFTH AVENUE COMMITTEE INC ($256,166). 1 of them have funded it in more than one year.
How many funders does FAC CENTER LOCAL DEVELOPMENT CORPORATION have?
IRS filings report 1 organization giving $256,166 in grants to FAC CENTER LOCAL DEVELOPMENT CORPORATION, 1 of which have funded it in more than one year.
Who is the largest funder of FAC CENTER LOCAL DEVELOPMENT CORPORATION?
FIFTH AVENUE COMMITTEE INC is the largest funder on record, with $256,166 in grants. The full list of funders is on this page.
How can an organization like FAC CENTER LOCAL DEVELOPMENT CORPORATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in New York. 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 Fac Center Local Development →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2020–2025), 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 14, 2026. What this page cannot tell you · view filing