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North Carolina · Nonprofit

LINCOLN ECONOMIC DEVELOPMENT ASSOCI

LINCOLN ECONOMIC DEVELOPMENT ASSOCI (North Carolina) receives grants from 2 organizations whose IRS filings report $79,000 to it, the largest being BOSCH COMMUNITY FUND ($54,000). 1 of them have funded it in more than one year.

Revenue FY2025
$921k
Funders on record
2
Grants received
$79k
Net assets
$772k
1/2 repeat funderspeak grant-dependency 6%
01What it does

What Lincoln Economic Development Associ does

Mission

To foster an economic environment that promotes an enhancement of the standard of living by creating more and better jobs for the citizens of lincolnton and lincoln county and an increased and diversified tax base to proivde needed community services.

As stated on its FY2025 Form 990.

Program

  1. Develop and market economic growth and stability of lincoln county by making developers and expanding industries aware of the assets of the area through various media sources and personal contact.

    $775,480 spent
    100% of program spending

The program described on its FY2023 Form 990. Program spending in total: $775,480.

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 ($755k) Expenses 100 ($782k) Net assets 100 ($1.1M)2018 Revenue 108 ($812k) Expenses 106 ($827k) Net assets 99 ($1.1M)2019 Revenue 106 ($801k) Expenses 111 ($871k) Net assets 92 ($1.0M)2020 Revenue 101 ($766k) Expenses 111 ($866k) Net assets 83 ($903k)2021 Revenue 110 ($832k) Expenses 110 ($861k) Net assets 80 ($874k)2022 Revenue 110 ($833k) Expenses 111 ($872k) Net assets 77 ($835k)2023 Revenue 110 ($830k) Expenses 108 ($842k) Net assets 75 ($822k)2024 Revenue 124 ($939k) Expenses 122 ($952k) Net assets 74 ($809k)2025 Revenue 122 ($921k) Expenses 122 ($958k) Net assets 71 ($772k)
'17'18'19'20'21'22'23'24'25
Revenue (122)Expenses (122)Net assets (71)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 2019 to 2020, from $1.1M to $1.0M (−10%).

$1.2M
$1.1M
$1.1M
$1.0M
$985k
$906k
$892k
$906k
$853k
'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: 2017 90% · 2018 86% · 2019 89% · 2020 95% · 2021 88% · 2022 90% · 2023 92% · 2024 87% · 2025 92%. Grants only. Government contracts and fees sit inside program revenue.

92% of LINCOLN ECONOMIC DEVELOPMENT ASSOCI’s revenue is contributions — more donation-reliant than the typical peer (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. 9 of the last 9 reported years ran a deficit.

−$28k
’17
−$15k
’18
−$71k
’19
−$101k
’20
−$29k
’21
−$39k
’22
−$13k
’23
−$13k
’24
−$37k
’25
2.8
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.

'17'18'19'20'21'22'23'24'25
Listed101010101010101010
Joined·+3+1+3+1+0+2+1+1
No longer listed·31310211
03Who funds it

Who funds it, year by year

2021 → 2023: the base narrowed from 2 funders to 1 funder, grant income fell $49k → $15k.

Funder
'21
'22
'23
total
funders
2
1
1

From the IRS filings of LINCOLN ECONOMIC DEVELOPMENT ASSOCI’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

LINCOLN ECONOMIC DEVELOPMENT ASSOCI leans on a few funders — its largest provides 68% 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

68%
largest funder
100%
top three
~2
effective funders

Largest funder’s share by year: 2021 51% · 2022 100% · 2023 100% — 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

LINCOLN ECONOMIC DEVELOPMENT ASSOCI draws 68% of its grant income from funders outside North Carolina, across 2 states in all.

MI
NC

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

’21
’22
’23
North Carolina out of state home

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.

04Its place in the field

Against its field

LINCOLN ECONOMIC DEVELOPMENT ASSOCI's revenue grew 22% between 2017 and 2025.

Operating margin−4% · below the median
Months of reserve2.8mo · bottom quartile
Revenue growth (annualized)3% · below the median

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

Organizations like LINCOLN ECONOMIC DEVELOPMENT ASSOCI

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 North Carolina

Nationally

05Profile & governance

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

Where the money goes

84% of spending goes to programs.

Program 84%Management 16%Fundraising 0%

Governance

10
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention–Board reviewed the 990–Audited financials

Public support

49%

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 LINCOLN ECONOMIC DEVELOPMENT ASSOCI: 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.

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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 DEVELOPMENT ASSOCI?
LINCOLN ECONOMIC DEVELOPMENT ASSOCI (North Carolina) receives grants from 2 organizations whose IRS filings report $79,000 to it, the largest being BOSCH COMMUNITY FUND ($54,000). 1 of them have funded it in more than one year.
How many funders does LINCOLN ECONOMIC DEVELOPMENT ASSOCI have?
IRS filings report 2 organizations giving $79,000 in grants to LINCOLN ECONOMIC DEVELOPMENT ASSOCI, 1 of which have funded it in more than one year.
Who is the largest funder of LINCOLN ECONOMIC DEVELOPMENT ASSOCI?
BOSCH COMMUNITY FUND is the largest funder on record, with $54,000 in grants. The full list of funders is on this page.
How can an organization like LINCOLN ECONOMIC DEVELOPMENT ASSOCI find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in North Carolina. 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 Development Associ →

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 2 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