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California · Nonprofit

KERN ECONOMIC DEVELOPMENT FOUNDATION INC

KERN ECONOMIC DEVELOPMENT FOUNDATION INC (California) receives grants from 6 organizations whose IRS filings report $213,279 to it, the largest being The Bank of America Charitable Foundation Inc ($182,000). 3 of them have funded it in more than one year.

Revenue FY2025
$262k
Funders on record
6
Grants received
$213k
Net assets
$187k
3/6 repeat funderspeak grant-dependency 55%
01What it does

What Kern Economic Development Foundation Inc does

Mission

Assisting kern county businesses and communities in reaching their full economic potential.

As stated on its FY2025 Form 990.

Program

  1. Research based and education supporting economic growth to businesses in kern county

    $63,889 spent$261,979 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $63,889.

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 ($65k) Expenses 100 ($88k) Net assets 100 ($2k)2018 Revenue 164 ($107k) Expenses 78 ($68k) Net assets 2142 ($40k)2019 Revenue 161 ($105k) Expenses 127 ($112k) Net assets 1789 ($33k)2020 Revenue 15 ($10k) Expenses 9 ($8k) Net assets 1885 ($35k)2021 Revenue 34 ($22k) Expenses 50 ($44k) Net assets 7 ($125)2022 Revenue 526 ($343k) Expenses 357 ($314k) Net assets 1573 ($29k)2023 Revenue 1538 ($1.0M) Expenses 965 ($849k) Net assets 9779 ($183k)2024 Revenue 318 ($207k) Expenses 311 ($273k) Net assets 6232 ($117k)2025 Revenue 402 ($262k) Expenses 213 ($187k) Net assets 10012 ($187k)
'17'18'19'20'21'22'23'24'25
Revenue (402)Expenses (213)Net assets (10012)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 2022 to 2023, from $98k to $207k (+111%).

$46k
$86k
$57k
$63k
$129k
$98k
$207k
$165k
$191k
'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: 2022 56% · 2023 81%. Grants only. Government contracts and fees sit inside program revenue.

0% of KERN ECONOMIC DEVELOPMENT FOUNDATION INC’s revenue is contributions — more earned-revenue than three-quarters of its peers (62% for the typical peer).

This organization
Typical peer · 12,439 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.

−$23k
’17
$38k
’18
−$7k
’19
$2k
’20
−$22k
’21
$29k
’22
$154k
’23
−$66k
’24
$75k
’25
8.6
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.

Board chair

Christina Scrivner

Chair

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed101011101312121313
Joined·+2+5+1+6+1+0+4+5
No longer listed·24232035
03Who funds it

Who funds it, year by year

2017 → 2023: the base held at 2 funders, grant income rose $17k → $66k.

3 of 6 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 8% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $11k from one payer (the payer shares this organization's board, largest San Joaquin Community Hospital dba Adventist Health Bakersfield). These are real filings, and they are not money KERN ECONOMIC DEVELOPMENT FOUNDATION INC raised.

From the IRS filings of KERN ECONOMIC DEVELOPMENT FOUNDATION INC’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

KERN ECONOMIC DEVELOPMENT FOUNDATION INC leans on a few funders — its largest provides 85% of grant income and the top three 97%; half comes from just 1 funder.

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

85%
largest funder
97%
top three
~1
effective funders

Largest funder’s share by year: 2017 58% · 2020 100% · 2021 100% · 2022 94% · 2023 88% — 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.

Where its funders are

KERN ECONOMIC DEVELOPMENT FOUNDATION INC draws 93% of its grant income from funders outside California, across 2 states in all.

CA
NC

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

’21
’22
’23
California out of state home

Funder states come from each funder’s own filing. $17k arriving through sponsors registered in 2 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

KERN ECONOMIC DEVELOPMENT FOUNDATION INC runs a healthier operating margin than three-quarters of the 7,175 community improvement nonprofits its size.

Operating margin29% · top quartile
Months of reserve8.6mo · above the median
Revenue growth (annualized)19% · top quartile

this organization peer median middle 50% of peers· 7,175 community improvement nonprofits $100k–$1M, FY2025

Organizations like KERN ECONOMIC DEVELOPMENT FOUNDATION INC

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 California

Nationally

05Profile & governance

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

Where the money goes

34% of spending goes to programs.

Program 34%Management 28%Fundraising 38%

Governance

13
board members
100%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

CA

Screen this organization

A dated, signed PDF of the compliance screen for KERN ECONOMIC DEVELOPMENT FOUNDATION INC: 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 KERN ECONOMIC DEVELOPMENT FOUNDATION INC?
KERN ECONOMIC DEVELOPMENT FOUNDATION INC (California) receives grants from 6 organizations whose IRS filings report $213,279 to it, the largest being The Bank of America Charitable Foundation Inc ($182,000). 3 of them have funded it in more than one year.
How many funders does KERN ECONOMIC DEVELOPMENT FOUNDATION INC have?
IRS filings report 6 organizations giving $213,279 in grants to KERN ECONOMIC DEVELOPMENT FOUNDATION INC, 3 of which have funded it in more than one year.
Who is the largest funder of KERN ECONOMIC DEVELOPMENT FOUNDATION INC?
The Bank of America Charitable Foundation Inc is the largest funder on record, with $182,000 in grants. The full list of funders is on this page.
How can an organization like KERN ECONOMIC DEVELOPMENT FOUNDATION INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in California. 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 Kern Economic Development →

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 6 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