Nonprofit screen
Screen a listFounders First Community Development Corporation Inc
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- Reinstated
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- Registered
- Charity type
- 509(a)(2)
$2.3Mrevenue
FY2024 · +54% in 3 yrs6staff
8 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin−126.2%
Months of reserve0.4mo
Revenue growth (annualized)+52.0%
Middle half of peersMedianFounders First Community Development
Where the money goes FY2024 · $5.3M spent
Programs$4.8M90%Management and general$441k8%Fundraising$110k2%990 FY2024 · Part IX line 25
Worth checking2
A funder worth 24% of revenue stopped after FY2020
Mufg Union Bank Foundation Ag gave $75k in FY2020, 24% of revenue that year.
Funders’ 990-PF grant listsDeficits in 2 of the last 3 years
−$605k in FY2023 and −$3.0M in FY2024. Cash covers 0.4 months, under the peer median of 4.1.
990 Part I and balance sheetIn its favor2
Strong governance
11 of 11 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VIGrowing faster than peers
Revenue up 52% a year since FY2017, in the top quarter of similar nonprofits.
990 Part I · peer cohort26funders
$1.8Ma year, last 3 years
16%from its largest funder
Funder’17’18’19’20’21’22’23The Rockefeller FoundationStopped after FY2022$300k$400k$300k–Ewing Marion Kauffman FoundationSince FY2021$195k$209k$25kSurdna Foundation IncSince FY2022$250k$150kSchultz Family FoundationOn and off$300kThe California Wellness FoundationOn and off$300kJpmorgan Chase FoundationSince FY2022$10$250kDonor-advised giftsDonors not disclosed$5k$20k$335k$464k$1.6M7 other fundersUp to $150k a year each$5k$75k$85k$125k$355k
FundedThrough a donor-advised fundStopped