New York · Nonprofit
FLATBUSH DEVELOPMENT CORPORATION
FLATBUSH DEVELOPMENT CORPORATION (New York) receives grants from 27 organizations whose IRS filings report $2,943,957 to it, the largest being FUND FOR THE CITY OF NEW YORK INC ($1,269,000). 18 of them have funded it in more than one year.
- Revenue FY2025
- $5.1M
- Funders on record
- 27
- Grants received
- $2.9M
- Net assets
- $1.5M
What Flatbush Development Corporation does
Mission
Fdc is dedicated to meeting the needs of a diverse vibrant brooklyn. Fdc identifies responds to these needs by building partnerships, creating programs developing campaigns for economic development, housing, youth, immigration other initiatives that promote enhanced quality of life, safety, equity preservation of their community.
As stated on its FY2025 Form 990.
Programs
Youth development activities include after school and evening educational and recreational programs designed to develop youth into productive members of society.
$2,626,040 spent59% of program spendingHousing preservation activities include providing assistance to individual tenants, home owners and landlords about their rights and responsibilities, about how to maintain and preserve their homes, and affordable housing programs.
$1,611,926 spent36% of program spendingEconomic development activities include assistance to small business and attracting new businesses to the local commercial strip.
$154,163 spent3% of program spendingProgram service expenses 54,195, grants and allocations 0, revenue 0 community development during the covid pandemic, fdc had provided meals to over 10,000 families through fundraising and small grants. The executive director meets with the neighborhood association presidents a few times a year to discuss community-wide issues and work towards bringing in agencies that can help.
$54,195 spent1% of program spending
The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $4,446,324.
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.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $2.9M to $4.5M (+56%).
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: 2020 83% · 2021 81% · 2022 83% · 2023 86% · 2024 83% · 2025 87%. Grants only. Government contracts and fees sit inside program revenue.
100% of FLATBUSH DEVELOPMENT CORPORATION’s revenue is contributions — more reliant on donations than three-quarters of its peers (60% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 6 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.
Chief executive
Robin Redmond
Executive director
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 3 funders to 13 funders, grant income rose $33k → $502k.
7 of 27 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 13% 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 FLATBUSH DEVELOPMENT CORPORATION’s funders (the co-funder graph). Top 26 of 27 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
FLATBUSH DEVELOPMENT CORPORATION leans on a few funders — its largest provides 43% of grant income and the top three 72%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
52% 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 FLATBUSH DEVELOPMENT CORPORATION.
Largest funder’s share by year: 2017 61% · 2018 62% · 2019 55% · 2020 77% · 2021 57% · 2022 46% · 2023 38% — 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.
How long its funders stay
44% of FLATBUSH DEVELOPMENT CORPORATION's funders are still giving 3 years after their first grant; 67% give in more than one year at all.
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
79% of FLATBUSH DEVELOPMENT CORPORATION's grant income comes from New York funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $386k arriving through sponsors registered in 6 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.
Against its field
FLATBUSH DEVELOPMENT CORPORATION's funding base is broadening — from 3 funders to 13 as grant income climbed.
this organization peer median middle 50% of peers· 2,299 community improvement nonprofits $1M–$10M, FY2025
Government funding FLATBUSH DEVELOPMENT CORPORATION receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $575k on record.
- Department of Housing and Urban Development$575k
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 FLATBUSH 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
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
88% of spending goes to programs.
Governance
Public support
98%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for FLATBUSH 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.
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 FLATBUSH DEVELOPMENT CORPORATION?
- FLATBUSH DEVELOPMENT CORPORATION (New York) receives grants from 27 organizations whose IRS filings report $2,943,957 to it, the largest being FUND FOR THE CITY OF NEW YORK INC ($1,269,000). 18 of them have funded it in more than one year.
- How many funders does FLATBUSH DEVELOPMENT CORPORATION have?
- IRS filings report 27 organizations giving $2,943,957 in grants to FLATBUSH DEVELOPMENT CORPORATION, 18 of which have funded it in more than one year.
- Who is the largest funder of FLATBUSH DEVELOPMENT CORPORATION?
- FUND FOR THE CITY OF NEW YORK INC is the largest funder on record, with $1,269,000 in grants. The full list of funders is on this page.
- How can an organization like FLATBUSH 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 Flatbush 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 27 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