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Indiana · Nonprofit

MEMORIAL COMMUNITY DEVELOPMENT CORPORATION

MEMORIAL COMMUNITY DEVELOPMENT CORPORATION (Indiana) receives grants from 15 organizations whose IRS filings report $1,869,102 to it, the largest being COMMUNITY FOUNDATION ALLIANCE INC ($581,621). 6 of them have funded it in more than one year.

Revenue FY2024
$5.5M
Funders on record
15
Grants received
$1.9M
Net assets
$7.9M
6/15 repeat funderspeak grant-dependency 18%
01What it does

What Memorial Community Development Corporation does

Mission

Providing low income services to individuals and job training.

As stated on its FY2024 Form 990.

Programs

  1. Neighborhood development

    $2,161,418 spent$3,885,421 earned by the program
    58% of program spending
  2. Childcare

    $857,365 spent$857,365 earned by the program
    23% of program spending
  3. Program Service Expenses 715,126, Grants and allocations 0, Revenue 715,126 PROPERTY MANAGEMENT Program Service Expenses 0, Grants and allocations 0, Revenue 0 YOUTH SUMMER EMPLOYMENT

    $715,126 spent$715,126 earned by the program
    19% of program spending

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $3,733,909.

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 ($1.4M) Expenses 100 ($1.4M) Net assets 100 ($2.5M)2018 Revenue 118 ($1.7M) Expenses 115 ($1.6M) Net assets 116 ($2.9M)2019 Revenue 220 ($3.2M) Expenses 144 ($2.1M) Net assets 177 ($4.4M)2020 Revenue 155 ($2.2M) Expenses 135 ($1.9M) Net assets 188 ($4.7M)2021 Revenue 170 ($2.5M) Expenses 163 ($2.3M) Net assets 220 ($5.5M)2022 Revenue 200 ($2.9M) Expenses 212 ($3.0M) Net assets 215 ($5.3M)2023 Revenue 250 ($3.6M) Expenses 238 ($3.4M) Net assets 223 ($5.5M)2024 Revenue 378 ($5.5M) Expenses 263 ($3.7M) Net assets 320 ($7.9M)
'17'18'19'20'21'22'23'24
Revenue (378)Expenses (263)Net assets (320)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 2023 to 2024, from $6.0M to $8.4M (+39%).

$4.1M
$3.7M
$5.1M
$5.3M
$6.1M
$6.3M
$6.0M
$8.4M
'17'18'19'20'21'22'23'24
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
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 22% · 2018 40% · 2019 67% · 2020 55% · 2021 41% · 2022 35% · 2023 49% · 2024 53%. Grants only. Government contracts and fees sit inside program revenue.

72% of MEMORIAL COMMUNITY DEVELOPMENT CORPORATION’s revenue is contributions — about as donation-reliant as the typical peer (81% for the typical peer).

This organization
Typical peer · 11,793 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 8 reported years ran a deficit.

$25k
’17
$80k
’18
$1.1M
’19
$323k
’20
$148k
’21
−$117k
’22
$241k
’23
$1.7M
’24
9.9
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.

Chief executive

Serita Cabell

Executive director

Board chair

Adrian Brooks

Chairman

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed11111177
Joined·······+0
No longer listed·······0
03Who funds it

Who funds it, year by year

2019 → 2023: the base broadened from 1 funder to 5 funders, grant income rose $40 → $134k.

4 of 15 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 38% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of MEMORIAL COMMUNITY DEVELOPMENT CORPORATION’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

MEMORIAL COMMUNITY DEVELOPMENT CORPORATION has a broad base — no single funder exceeds 31% of grant income, and it takes 3 funders to reach half.

the vertical line marks half of all grant income — 3 funders to its left

54% 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 MEMORIAL COMMUNITY DEVELOPMENT CORPORATION.

31%
largest funder
64%
top three
~5
effective funders

Largest funder’s share by year: 2019 100% · 2020 67% · 2021 66% · 2022 50% · 2023 54% — 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

40% of MEMORIAL COMMUNITY DEVELOPMENT CORPORATION's funders are still giving 3 years after their first grant; 40% give in more than one year at all.

first grant+1y+2y+3y

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

70% of MEMORIAL COMMUNITY DEVELOPMENT CORPORATION's grant income comes from Indiana funders.

MI
IN
KY
MD
TX

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

’19
’20
’21
’22
’23
Indiana out of state home

Funder states come from each funder’s own filing. $707k arriving through sponsors registered in 4 states is 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.

04Its place in the field

Against its field

MEMORIAL COMMUNITY DEVELOPMENT CORPORATION runs a healthier operating margin than three-quarters of the 11,263 human services nonprofits its size.

Operating margin32% · top quartile
Months of reserve9.9mo · top quartile
Revenue growth (annualized)21% · top quartile

this organization peer median middle 50% of peers· 11,263 human services nonprofits $1M–$10M, FY2024

Organizations like MEMORIAL COMMUNITY 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 Indiana

Nationally

05Profile & governance

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

Where the money goes

100% of spending goes to programs.

Program 100%Management 0%Fundraising 0%

Governance

7
board members
86%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990✓Audited financials

Screen this organization

A dated, signed PDF of the compliance screen for MEMORIAL COMMUNITY 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.

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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 MEMORIAL COMMUNITY DEVELOPMENT CORPORATION?
MEMORIAL COMMUNITY DEVELOPMENT CORPORATION (Indiana) receives grants from 15 organizations whose IRS filings report $1,869,102 to it, the largest being COMMUNITY FOUNDATION ALLIANCE INC ($581,621). 6 of them have funded it in more than one year.
How many funders does MEMORIAL COMMUNITY DEVELOPMENT CORPORATION have?
IRS filings report 15 organizations giving $1,869,102 in grants to MEMORIAL COMMUNITY DEVELOPMENT CORPORATION, 6 of which have funded it in more than one year.
Who is the largest funder of MEMORIAL COMMUNITY DEVELOPMENT CORPORATION?
COMMUNITY FOUNDATION ALLIANCE INC is the largest funder on record, with $581,621 in grants. The full list of funders is on this page.
How can an organization like MEMORIAL COMMUNITY DEVELOPMENT CORPORATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Indiana. 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 Memorial Community Development →

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 15 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