Ohio · Nonprofit
HISTORIC SOUTH INITIATIVE
HISTORIC SOUTH INITIATIVE (Ohio) receives grants from 33 organizations whose IRS filings report $2,400,677 to it, the largest being TOLEDO COMMUNITY FOUNDATION INC ($638,170). 18 of them have funded it in more than one year.
- Revenue FY2024
- $5.7M
- Funders on record
- 33
- Grants received
- $2.4M
- Net assets
- $1.2M
What Historic South Initiative does
Mission
Historic South Initiative develops bold, long-term, measurable strategies and facilitates partnerships to promote the ongoing development of a vibrant, thriving old south end neighborhood. Priorities include housing, education, commercial development and support of other organizations.
As stated on its FY2024 Form 990.
Programs
Housing - renovated multiple housing units with new roofs, siding, painting and windows which included: lead abatement/containment in compliance with the state of ohio appropriation.
$5,768,482 spentof which $240,417 as grants99% of program spendingEducation - provided funding for baby university/mosaic early learning center for the training of staff and for the start up of the pre-k center.hsi staffed and operated a summer program at queen of apostles. Hsi hired and paid the staff. Hsi paid all additional expenses, using donations from individuals.hsi staffed and operated an after school program at queen of apostles in semester one of 2024-2025 school year. Hsi hired and paid staff. Expenses were paid using a grant from the gtcf sisters of st francis grant.
$46,318 spent1% of program spendingCommunity service funded various old south end organizations - through support of their annual banquets, neighborhood clean up efforts etc.
$0 spent0% of program spending
The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $5,814,800.
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.
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 $1.4M to $2.0M (+43%).
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 4% · 2018 21% · 2019 24% · 2020 22% · 2021 29% · 2022 64% · 2023 60% · 2024 90%. Grants only. Government contracts and fees sit inside program revenue.
101% of HISTORIC SOUTH INITIATIVE’s revenue is contributions — more reliant on donations than three-quarters of its peers (61% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 8 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
Carl Wagner
Interim executive director/chair
As listed on its FY2024 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 4 funders to 12 funders, grant income rose $60k → $427k.
7 of 33 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 39% 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 HISTORIC SOUTH INITIATIVE’s funders (the co-funder graph). Top 30 of 33 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
HISTORIC SOUTH INITIATIVE has a broad base — no single funder exceeds 27% of grant income, and it takes 3 funders to reach half.
the vertical line marks half of all grant income — 3 funders to its left
56% 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 HISTORIC SOUTH INITIATIVE.
Largest funder’s share by year: 2017 75% · 2018 32% · 2019 58% · 2020 23% · 2021 34% · 2022 29% · 2023 48% — 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
52% of HISTORIC SOUTH INITIATIVE's funders are still giving 3 years after their first grant; 55% 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
65% of HISTORIC SOUTH INITIATIVE's grant income comes from Ohio funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $935k arriving through sponsors registered in 7 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
HISTORIC SOUTH INITIATIVE has grown faster than three-quarters of the 4,203 community improvement nonprofits its size.
this organization peer median middle 50% of peers· 4,203 community improvement nonprofits $1M–$10M, FY2024
Government funding HISTORIC SOUTH INITIATIVE receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $2.0M on record.
- Department of Housing and Urban Development$2.0M
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 HISTORIC SOUTH INITIATIVE
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
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
97% of spending goes to programs.
Governance
Public support
99%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Screen this organization
A dated, signed PDF of the compliance screen for HISTORIC SOUTH INITIATIVE: 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 HISTORIC SOUTH INITIATIVE?
- HISTORIC SOUTH INITIATIVE (Ohio) receives grants from 33 organizations whose IRS filings report $2,400,677 to it, the largest being TOLEDO COMMUNITY FOUNDATION INC ($638,170). 18 of them have funded it in more than one year.
- How many funders does HISTORIC SOUTH INITIATIVE have?
- IRS filings report 33 organizations giving $2,400,677 in grants to HISTORIC SOUTH INITIATIVE, 18 of which have funded it in more than one year.
- Who is the largest funder of HISTORIC SOUTH INITIATIVE?
- TOLEDO COMMUNITY FOUNDATION INC is the largest funder on record, with $638,170 in grants. The full list of funders is on this page.
- How can an organization like HISTORIC SOUTH INITIATIVE 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.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 33 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