Nonprofit screen
Screen a listLehigh Valley Economic Development Corporation (Lvedc)
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 listing
- Listed
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(1)
$3.3Mrevenue
FY2024 · −45% in 3 yrs16staff
8 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin−0.3%
Months of reserve10.6mo
Revenue growth (annualized)+1.1%
Middle half of peersMedianLehigh Valley Economic Development Corporation (Lvedc)
Where the money goes FY2024 · $3.3M spent
Programs$2.5M76%Management and general$738k22%Fundraising$62k2%990 FY2024 · Part IX line 25
Nothing to check in the filings
In its favor2
Strong governance
35 of 35 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VIA history of government grants
Government grants on 8 of its 8 returns, 60% of revenue in FY2024.
990 Part VIII9funders
$73ka year, last 3 years
33%from its largest funder
Funder’18’19’20’21’22’23South Eastern Economic Development Company of PennsylvaniaEvery year since FY2018$55k$45k$38k$35k$20k$18kAir Products FoundationOn and off$20k$20k$40kDorothy Rider Pool Health Care TrustOn and off$50kTd Charitable FoundationOn and off$5k$5k$5kSt Luke's Hospital of Bethlehem PaNew in FY2023$13kWaldman Family Charitable TrustNew in FY2023$5kDonor-advised giftsDonors not disclosed$20k$20k$20k
FundedThrough a donor-advised fund