Pennsylvania · Nonprofit
FRANKLIN COUNTY AREA DEVELOPMENT CORPORATION
FRANKLIN COUNTY AREA DEVELOPMENT CORPORATION (Pennsylvania) receives grants from 2 organizations whose IRS filings report $36,900 to it, the largest being SOUTHCENTRAL WORKFORCE INVESTMENT BOARD ($31,900). 1 of them have funded it in more than one year.
- Revenue FY2025
- $1.6M
- Funders on record
- 2
- Grants received
- $37k
- Net assets
- $12M
What Franklin County Area Development Corporation does
Mission
To formulate, implement, and promote economic development strategies for franklin county, pennsylvania and the enhancement of job opportunities therein.
As stated on its FY2025 Form 990.
Program
Economic development program:during 2025 fcadc was involved in numerous development projects across the county that represent roughly $214 million of new capital investments which has created/retained more than 750 jobs. The fcadc availed $7.3+ million of economic development resources in support of those projects. In addition fcadc participated in more than 125 events that highlighted economic deveopment accomplishments across the county.
The program described on its FY2025 Form 990.
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.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2018 to 2019, from $21M to $19M (−8%).
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: 2017 5% · 2018 6% · 2019 6% · 2020 6% · 2021 13% · 2022 8% · 2023 6% · 2024 10% · 2025 18%. Grants only. Government contracts and fees sit inside program revenue.
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 9 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.
Board chair
Charles Sioberg
Chair
As listed on its FY2025 Form 990.
Who funds it, year by year
2019 → 2021: the base held at 1 funder, grant income rose $11k → $16k.
From the IRS filings of FRANKLIN COUNTY 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
FRANKLIN COUNTY AREA DEVELOPMENT CORPORATION leans on a few funders — its largest provides 86% 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
86% 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 FRANKLIN COUNTY AREA DEVELOPMENT CORPORATION.
Largest funder’s share by year: 2019 100% · 2020 50% · 2021 100% — broadly stable.
“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
100% of FRANKLIN COUNTY AREA DEVELOPMENT CORPORATION's grant income comes from Pennsylvania funders.
In-state vs out-of-state, by year
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.
Organizations like FRANKLIN COUNTY 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
Read directly from this organization’s own Form 990, as neutral context.
Governance
Footprint & structure
Files a return copy in 1 state
Part of a family of 2 related entities
- Cfdc LLC · partnership
- South Main Ventures · partnership
Screen this organization
A dated, signed PDF of the compliance screen for FRANKLIN COUNTY 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.
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 FRANKLIN COUNTY AREA DEVELOPMENT CORPORATION?
- FRANKLIN COUNTY AREA DEVELOPMENT CORPORATION (Pennsylvania) receives grants from 2 organizations whose IRS filings report $36,900 to it, the largest being SOUTHCENTRAL WORKFORCE INVESTMENT BOARD ($31,900). 1 of them have funded it in more than one year.
- How many funders does FRANKLIN COUNTY AREA DEVELOPMENT CORPORATION have?
- IRS filings report 2 organizations giving $36,900 in grants to FRANKLIN COUNTY AREA DEVELOPMENT CORPORATION, 1 of which have funded it in more than one year.
- Who is the largest funder of FRANKLIN COUNTY AREA DEVELOPMENT CORPORATION?
- SOUTHCENTRAL WORKFORCE INVESTMENT BOARD is the largest funder on record, with $31,900 in grants. The full list of funders is on this page.
- How can an organization like FRANKLIN COUNTY 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.
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 2 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