New York · Nonprofit
KINGSBRIDGE RIVERDALE VAN CORTLAND DEVELOPMENT CORPORATION
KINGSBRIDGE RIVERDALE VAN CORTLAND DEVELOPMENT CORPORATION (New York) receives grants from 5 organizations whose IRS filings report $108,689 to it, the largest being Bronx Overall Economic Development Corporation ($63,439). 1 of them have funded it in more than one year.
- Revenue FY2025
- $674k
- Funders on record
- 5
- Grants received
- $109k
- Net assets
- $413k
What Kingsbridge Riverdale Van Cortland Development Corporation does
Mission
Krvc is a bronx-based not for profit organization founded in 1981 to serve the communities in the northwest bronx. Producing community events such as concerts, a community art show, and more at 505bx and at various locations around the bronx, along with supporting small businesses in our area and beautification initiatives
As stated on its FY2025 Form 990.
Programs
Each week two silent meditation sessions are held in the space to provide an opportunity for neighbors to sit in silence together to refresh their minds and bodies while using their own meditation style. Each week, Karaoke Fridays fill 505BX with music, laughs and dozens of joyful community members. A weekly CommuniTea Podcast is also recorded in the space. 505BX includes an art gallery space, Gallery 505, where local artists exhibit their work. In the spring and fall, Monday Fundays are held providing families with a fun after school experience. Monday Fundays are mini-carnivals held in front of our space featuring face painting, a stiltwalker, live music, crafts and snacks. A monthly book club meets at 505BX to engage in a lively discussion about a variety of interesting books over a light lunch. Our KRVC 4Bronx Truck is also periodically parked in front of 505BX to collect donations for the underserved members of our community. In 505BX, we also hold holiday celebrations. KRVC Productions recently released it's first award-winning film Wake Up Call and plans to expand it's work to other parts of the Bronx.
$248,218 spentof which $492,277 as grants$244,059 earned by the program100% of program spendingOther program services, not described on the e-filed return.
$0 spent0% of program spending
The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $248,218.
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 2024 to 2025, from $108k to $478k (+343%).
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: 2018 0% · 2019 72% · 2020 86% · 2022 72% · 2023 90% · 2024 92% · 2025 94%. Grants only. Government contracts and fees sit inside program revenue.
100% of KINGSBRIDGE RIVERDALE VAN CORTLAND DEVELOPMENT CORPORATION’s revenue is contributions — more reliant on donations than three-quarters of its peers (62% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 4 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
Terhi Edwards
Director/chair
As listed on its FY2025 Form 990.
Who funds it, year by year
2019 → 2023: the base held at 2 funders, grant income rose $10k → $78k.
From the IRS filings of KINGSBRIDGE RIVERDALE VAN CORTLAND DEVELOPMENT CORPORATION’s funders (the co-funder graph). Top 4 of 5 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
KINGSBRIDGE RIVERDALE VAN CORTLAND DEVELOPMENT CORPORATION leans on a few funders — its largest provides 58% 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
95% 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 KINGSBRIDGE RIVERDALE VAN CORTLAND DEVELOPMENT CORPORATION.
Largest funder’s share by year: 2019 98% · 2020 100% · 2021 100% · 2023 81% — 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.
Where its funders are
95% of KINGSBRIDGE RIVERDALE VAN CORTLAND 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. 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
KINGSBRIDGE RIVERDALE VAN CORTLAND DEVELOPMENT CORPORATION runs a healthier operating margin than three-quarters of the 7,175 community improvement nonprofits its size.
this organization peer median middle 50% of peers· 7,175 community improvement nonprofits $100k–$1M, FY2025
Organizations like KINGSBRIDGE RIVERDALE VAN CORTLAND 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
77% of spending goes to programs.
Governance
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
Screen this organization
A dated, signed PDF of the compliance screen for KINGSBRIDGE RIVERDALE VAN CORTLAND 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 KINGSBRIDGE RIVERDALE VAN CORTLAND DEVELOPMENT CORPORATION?
- KINGSBRIDGE RIVERDALE VAN CORTLAND DEVELOPMENT CORPORATION (New York) receives grants from 5 organizations whose IRS filings report $108,689 to it, the largest being Bronx Overall Economic Development Corporation ($63,439). 1 of them have funded it in more than one year.
- How many funders does KINGSBRIDGE RIVERDALE VAN CORTLAND DEVELOPMENT CORPORATION have?
- IRS filings report 5 organizations giving $108,689 in grants to KINGSBRIDGE RIVERDALE VAN CORTLAND DEVELOPMENT CORPORATION, 1 of which have funded it in more than one year.
- Who is the largest funder of KINGSBRIDGE RIVERDALE VAN CORTLAND DEVELOPMENT CORPORATION?
- Bronx Overall Economic Development Corporation is the largest funder on record, with $63,439 in grants. The full list of funders is on this page.
- How can an organization like KINGSBRIDGE RIVERDALE VAN CORTLAND 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 Kingsbridge Riverdale Van Cortland 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 5 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