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Massachusetts · Nonprofit

MADISON PARK DEVELOPMENT CORPORATION

MADISON PARK DEVELOPMENT CORPORATION (Massachusetts) receives grants from 38 organizations whose IRS filings report $7,309,950 to it, the largest being NEIGHBORHOOD REINVESTMENT CORPORATION DBA NEIGHBORWORKS AMERICA ($3,806,676). 22 of them have funded it in more than one year.

$37M
Revenue FY2024
38
Funders on record
$7.3M
Grants received
$31M
Net assets
22/38 repeat funderspeak grant-dependency 22%

Against its field

MADISON PARK DEVELOPMENT CORPORATION runs a healthier operating margin than three-quarters of the 817 housing & shelter nonprofits its size.

Operating margin46% · top quartile
Months of reserve0.4mo · bottom quartile
Revenue growth (annualized)28% · top quartile

this organization peer median middle 50% of peers· 817 housing & shelter nonprofits $10M–$100M, FY2024

Three funders worth looking at

Grantmakers with no record of funding this organization, ranked by how strongly the co-funder graph and the mission embeddings agree. The evidence is in section 03.

See all 12 prospects and why each one surfaced →
01The 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 ($6.7M) Expenses 100 ($6.8M) Net assets 100 ($12M)2018 Revenue 117 ($7.8M) Expenses 111 ($7.6M) Net assets 93 ($11M)2019 Revenue 164 ($11M) Expenses 111 ($7.6M) Net assets 132 ($16M)2020 Revenue 135 ($9.0M) Expenses 154 ($11M) Net assets 120 ($15M)2021 Revenue 184 ($12M) Expenses 115 ($7.9M) Net assets 156 ($19M)2022 Revenue 74 ($5.0M) Expenses 110 ($7.5M) Net assets 129 ($16M)2023 Revenue 75 ($5.0M) Expenses 116 ($8.0M) Net assets 108 ($13M)2024 Revenue 549 ($37M) Expenses 288 ($20M) Net assets 252 ($31M)
'17'18'19'20'21'22'23'24
Revenue (549)Expenses (288)Net assets (252)Peer revenue range

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
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2019 0% · 2020 0% · 2021 7% · 2022 7% · 2023 18% · 2024 4%. Grants only. Government contracts and fees sit inside program revenue.

93% of MADISON PARK DEVELOPMENT CORPORATION’s revenue is contributions — more reliant on donations than three-quarters of its peers (12% for the typical peer).

This organization
Typical peer · 865 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 8 reported years ran a deficit.

$156k
17
$205k
18
$3.4M
19
$1.5M
20
$4.5M
21
$2.6M
22
$2.9M
23
$17M
24
0.4
months of
reserve
02Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 7 funders to 9 funders, grant income fell $649k → $598k.

5 of 38 of your funders are donor-advised or pass-through sponsors (tagged DAF)9% 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: $31M from 2 payers (the payer shares this organization's board, largest Madison Park Housing Corporation). These are real filings, and they are not money MADISON PARK DEVELOPMENT CORPORATION raised.

From the IRS filings of MADISON PARK DEVELOPMENT CORPORATION’s funders (the co-funder graph). Top 30 of 38 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

MADISON PARK DEVELOPMENT CORPORATION leans on a few funders — its largest provides 52% of grant income and the top three 67%; half comes from just 1 funder.

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

90% 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 MADISON PARK DEVELOPMENT CORPORATION.

52%
largest funder
67%
top three
~3
effective funders

Largest funder’s share by year: 2017 73% · 2018 72% · 2019 70% · 2020 53% · 2021 45% · 2022 45% · 2023 68%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.

How long its funders stay

55% of MADISON PARK DEVELOPMENT CORPORATION's funders are still giving 3 years after their first grant; 58% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

MADISON PARK DEVELOPMENT CORPORATION draws 61% of its grant income from funders outside Massachusetts, across 7 states in all.

NY
MA
PA
MD
DE
DC
TX

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

17
18
19
20
21
22
23
Massachusetts out of state home

Funder states come from each funder’s own filing. $641k arriving through sponsors registered in 5 statesis 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.

03Its place in the field

Funders to approach

Grantmakers that don’t fund you yet, surfaced two ways: they back organizations that share your funders, or their grantees resemble your mission. The ones both signals agree on come first. Your 38 funders put you under-funded among the 400 organizations that share them.

From the co-funder graph (funders backing at least two comparable organizations, shrunk for grantee count, donor-advised and mega-funds excluded) and the universe embeddings. A research starting point; overlap is association, not a guarantee of fit.

Government funding MADISON PARK DEVELOPMENT CORPORATION receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $3.0M on record.

State$3.0M
17
19
20
21
22
23
24
25
Top programs
  • (PP) STATE AID/POL SUB$3.0M
  • (EE) ADMINISTRATIVE EXPENSES$14k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like MADISON PARK DEVELOPMENT CORPORATION

Nonprofits whose mission and program text most resemble this one, by semantic similarity over the universe of US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Massachusetts

Nationally

04Profile & governance

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

Where the money goes

95% of spending goes to programs.

Program 95%Management 2%Fundraising 3%

Governance

9
board members
100%
independent
Conflict-of-interest policyWhistleblower policyDocument retentionBoard reviewed the 990Audited financials

Public support

80%

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

Footprint & structure

Files a return copy in 1 state

MA

Part of a family of 40 related entities

  • 2451 Washington LLC · disregarded
  • Madison Bard LLC · disregarded
  • Madison Gateway LLC · disregarded
  • Madison Property Development LLC · disregarded
  • Madison Schoolhouse LLC · disregarded

Screen this organization

A dated, signed PDF of the compliance screen for MADISON PARK 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.

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. How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds MADISON PARK DEVELOPMENT CORPORATION?
MADISON PARK DEVELOPMENT CORPORATION (Massachusetts) receives grants from 38 organizations whose IRS filings report $7,309,950 to it, the largest being NEIGHBORHOOD REINVESTMENT CORPORATION DBA NEIGHBORWORKS AMERICA ($3,806,676). 22 of them have funded it in more than one year.
How many funders does MADISON PARK DEVELOPMENT CORPORATION have?
IRS filings report 38 organizations giving $7,309,950 in grants to MADISON PARK DEVELOPMENT CORPORATION, 22 of which have funded it in more than one year.
Who is the largest funder of MADISON PARK DEVELOPMENT CORPORATION?
NEIGHBORHOOD REINVESTMENT CORPORATION DBA NEIGHBORWORKS AMERICA is the largest funder on record, with $3,806,676 in grants. The full list of funders is on this page.
How can an organization like MADISON PARK DEVELOPMENT CORPORATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Massachusetts. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 38funders 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 August 27, 2026. What this page cannot tell you · view filing