Illinois · Nonprofit
LINCOLN ECONOMIC ADVANCEMENT & DEVELOPMENT INC
LINCOLN ECONOMIC ADVANCEMENT & DEVELOPMENT INC (Illinois) receives grants from 4 organizations whose IRS filings report $320,000 to it, the largest being THE WOODS FOUNDATION ($270,000). 2 of them have funded it in more than one year.
- Revenue FY2025
- $297k
- Funders on record
- 4
- Grants received
- $320k
- Net assets
- $362k
What Lincoln Economic Advancement & Development Inc does
Mission
To promote, foster and strengthen the economic health and prosperity of the greater lincoln communities and its citizens by partnering with current employers to retain and grow employment and by promoting opportunities for new employment and entrepreneurship.
As stated on its FY2025 Form 990.
Program
The relief of the poor and distressed or underprivileged; and, lessening the burdens of government;and, the promotion of social welfare and combatting community deterioration in lincoln, illinois and logan county, illinois by economic development programs geared toward maintaining and attracting employment opportunities.
$155,742 spent100% of program spending
The program described on its FY2025 Form 990. Program spending in total: $155,742.
The organization over time
Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 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 2023 to 2024, from $549k to $276k (−50%).
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: 2022 1%. Grants only. Government contracts and fees sit inside program revenue.
97% of LINCOLN ECONOMIC ADVANCEMENT & DEVELOPMENT INC’s revenue is contributions — more donation-reliant than the typical peer (62% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 6 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
Uriah Kilgallin
CEO
As listed on its FY2025 Form 990.
Who funds it, year by year
2021 → 2022: the base held at 2 funders, grant income rose $70k → $95k.
1 of 4 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 0% 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: $200k from one payer (the payer shares this organization's board, largest Memorial Health System Group). These are real filings, and they are not money LINCOLN ECONOMIC ADVANCEMENT & DEVELOPMENT INC raised.
From the IRS filings of LINCOLN ECONOMIC ADVANCEMENT & DEVELOPMENT INC’s funders (the co-funder graph). Top 3 of 4 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
LINCOLN ECONOMIC ADVANCEMENT & DEVELOPMENT INC leans on a few funders — its largest provides 84% 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
Largest funder’s share by year: 2021 57% · 2022 84% — 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
98% of LINCOLN ECONOMIC ADVANCEMENT & DEVELOPMENT INC's grant income comes from Illinois 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
LINCOLN ECONOMIC ADVANCEMENT & DEVELOPMENT INC 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 LINCOLN ECONOMIC ADVANCEMENT & DEVELOPMENT 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 Illinois
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
81% of spending goes to programs.
Governance
Public support
98%
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 LINCOLN ECONOMIC ADVANCEMENT & DEVELOPMENT 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.
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 LINCOLN ECONOMIC ADVANCEMENT & DEVELOPMENT INC?
- LINCOLN ECONOMIC ADVANCEMENT & DEVELOPMENT INC (Illinois) receives grants from 4 organizations whose IRS filings report $320,000 to it, the largest being THE WOODS FOUNDATION ($270,000). 2 of them have funded it in more than one year.
- How many funders does LINCOLN ECONOMIC ADVANCEMENT & DEVELOPMENT INC have?
- IRS filings report 4 organizations giving $320,000 in grants to LINCOLN ECONOMIC ADVANCEMENT & DEVELOPMENT INC, 2 of which have funded it in more than one year.
- Who is the largest funder of LINCOLN ECONOMIC ADVANCEMENT & DEVELOPMENT INC?
- THE WOODS FOUNDATION is the largest funder on record, with $270,000 in grants. The full list of funders is on this page.
- How can an organization like LINCOLN ECONOMIC ADVANCEMENT & DEVELOPMENT INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Illinois. 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 Lincoln Economic Advancement & Development →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2020–2025), and the filings of 4 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