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Ohio · Nonprofit

FAMICOS FOUNDATION

FAMICOS FOUNDATION (Ohio) receives grants from 45 organizations whose IRS filings report $26,515,765 to it, the largest being THE CLEVELAND FOUNDATION ($16,745,516). 27 of them have funded it in more than one year, and 64% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$12M
Funders on record
45
Grants received
$27M
Net assets
$32M
27/45 repeat funderspeak grant-dependency 61%
01What it does

What Famicos Foundation does

Mission

To improve the quality of life in greater cleveland area through neighborhood revitalization, affordable housing and integrated social services.

As stated on its FY2025 Form 990.

Program

  1. Famicos Foundation is one of cleveland's oldest community development corporations (cdc), founded in 1969 by sister henrietta gorres, csa shortly after the hough riots and incorporated in 1970. The name famicos comes from "families in cooperation", as sr. Henrietta believed that lasting neighborhood change could only come from the resident families working together toward change. Famicos has a staff of 55 employees working across nine departments and four lines of business. With a mission of improving the quality of life in greater cleveland through neighborhood revitalization, affordable housing and integrated social services, famicos is prominent in the development of affordable housing, especially the preservation of historic properties. In 2014, Famicos Foundation became a charter member of neighborworks america (nwa), a network of excellence in neighborhood revitalization, with 250 chartered members across the united states of america, puerto rico and guam. As a member of nwa, Famicos Foundation is involved in a nationwide movement to create community wealth through community empowerment, economic empowerment, financial empowerment, housing empowerment and real estate…

    $8,548,136 spent
    100% of program spending

The program described on its FY2025 Form 990. Program spending in total: $8,548,136.

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 ($7.7M) Expenses 100 ($4.6M) Net assets 100 ($30M)2018 Revenue 57 ($4.4M) Expenses 121 ($5.6M) Net assets 100 ($30M)2019 Revenue 83 ($6.4M) Expenses 124 ($5.7M) Net assets 103 ($31M)2020 Revenue 141 ($11M) Expenses 195 ($9.0M) Net assets 109 ($33M)2021 Revenue 174 ($13M) Expenses 206 ($9.5M) Net assets 123 ($37M)2022 Revenue 104 ($8.0M) Expenses 214 ($9.9M) Net assets 117 ($35M)2023 Revenue 115 ($8.9M) Expenses 248 ($11M) Net assets 108 ($32M)2024 Revenue 125 ($9.6M) Expenses 242 ($11M) Net assets 103 ($31M)2025 Revenue 150 ($12M) Expenses 211 ($9.8M) Net assets 109 ($32M)
'17'18'19'20'21'22'23'24'25
Revenue (150)Expenses (211)Net assets (109)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 2020 to 2021, from $53M to $56M (+7%).

$49M
$49M
$50M
$53M
$56M
$56M
$54M
$52M
$53M
'17'18'19'20'21'22'23'24'25
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
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 30% · 2018 47% · 2019 35% · 2020 36% · 2021 25% · 2022 40% · 2023 51% · 2024 26% · 2025 20%. Grants only. Government contracts and fees sit inside program revenue.

49% of FAMICOS FOUNDATION’s revenue is contributions — more donation-reliant than the typical peer (13% for the typical peer).

This organization
Typical peer · 881 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 9 reported years ran a deficit.

$3.1M
’17
−$1.2M
’18
$626k
’19
$1.8M
’20
$3.8M
’21
−$1.9M
’22
−$2.6M
’23
−$1.6M
’24
$1.8M
’25
0.1
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.

'17'18'19'20'21'22'23'24'25
Listed141413131314171716
Joined·+0+3+0+0+1+3+1+1
No longer listed·04000012
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 8 funders to 19 funders, grant income rose $605k → $4.6M.

8 of 45 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 64% 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 FAMICOS FOUNDATION’s funders (the co-funder graph). Top 30 of 45 funders by total. 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

FAMICOS FOUNDATION leans on a few funders — its largest provides 63% of grant income and the top three 88%; half comes from just 1 funder.

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

98% 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 FAMICOS FOUNDATION.

63%
largest funder
88%
top three
~2
effective funders

Largest funder’s share by year: 2017 53% · 2018 49% · 2019 44% · 2020 75% · 2021 73% · 2022 72% · 2023 70% — growing more concentrated.

“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

41% of FAMICOS FOUNDATION's funders are still giving 3 years after their first grant; 60% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

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

64% of FAMICOS FOUNDATION's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $9.4M that is directly attributable, 62% of it comes from funders outside Ohio, across 8 states.

NY
OH
VA
MD
AZ
NC
DC
GA

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

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

Funder states come from each funder’s own filing. $17M arriving through sponsors registered in 4 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

FAMICOS FOUNDATION runs a healthier operating margin than half of the 449 housing & shelter nonprofits its size.

Operating margin15% · above the median
Months of reserve0.1mo · bottom quartile
Revenue growth (annualized)5% · below the median

this organization peer median middle 50% of peers· 449 housing & shelter nonprofits $10M–$100M, FY2025

Government funding FAMICOS FOUNDATION receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $1.4M on record.

Federal$1.4M
grants $1.4Mcontracts $0
17
18
20
23
24
Top agencies
  • Department of the Interior$750k
  • Federal Communications Commission$300k
  • Department of Agriculture$289k
  • Department of Housing and Urban Development$20k

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 FAMICOS FOUNDATION

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 Ohio

Nationally

05Profile & governance

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

Where the money goes

88% of spending goes to programs.

Program 88%Management 11%Fundraising 2%

Governance

13
board members
100%
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.

Footprint & structure

Files a return copy in 1 state

OH

Part of a family of 53 related entities

  • 1464 East 105 LLC · disregarded
  • Famicos Franklin Crossing LLC · disregarded
  • Famicos Garrett Square LLC · disregarded
  • Wade Chateau Apartments Inc · exempt
  • 1341 East Boulevard LLC · partnership

Screen this organization

A dated, signed PDF of the compliance screen for FAMICOS FOUNDATION: 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 FAMICOS FOUNDATION?
FAMICOS FOUNDATION (Ohio) receives grants from 45 organizations whose IRS filings report $26,515,765 to it, the largest being THE CLEVELAND FOUNDATION ($16,745,516). 27 of them have funded it in more than one year, and 64% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does FAMICOS FOUNDATION have?
IRS filings report 45 organizations giving $26,515,765 in grants to FAMICOS FOUNDATION, 27 of which have funded it in more than one year.
Who is the largest funder of FAMICOS FOUNDATION?
THE CLEVELAND FOUNDATION is the largest funder on record, with $16,745,516 in grants. The full list of funders is on this page.
How can an organization like FAMICOS FOUNDATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Ohio. 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 Famicos →

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 45 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