Nonprofit screen
Screen a listMetroplex Economic Development Corp
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 nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(1)
$4.8Mrevenue
FY2024 · +166% in 3 yrs12staff
8 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin−13.3%
Months of reserve3.0mo
Revenue growth (annualized)−9.6%
Middle half of peersMedianMetroplex Economic Development
Where the money goes FY2024 · $5.4M spent
Programs$5.2M97%Management and general$160k3%Fundraising$30k1%990 FY2024 · Part IX line 25
Worth checking1
Deficits in 3 of the last 3 years
−$442k in FY2022, −$119k in FY2023 and −$634k in FY2024. Cash covers 3.0 months, under the peer median of 5.5.
990 Part I and balance sheetIn its favor2
Strong governance
3 of 3 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements.
990 Part VIA history of government grants
Government grants on 7 of its 7 returns, 12% of revenue in FY2023. $331k is traced federal awards from Department of Justice.
990 Part VIII · USAspending9funders
$690ka year, last 3 years
97%from its largest funder
Funder’17’18’19’20’21’22’23United Way of Greater St Louis IncOn and off$100kCommunity Council of Greater DallasStopped after FY2019$36k$42k–United Way of Metropolitan Dallas IncOn and off$30kTexas Capital FoundationNew in FY2023$15kSociety for Human Resource ManagementOn and off$10kMethodist Hospitals of DallasStopped after FY2018$5k$5k–Donor-advised giftsDonors not disclosed$15k1 other fundersUp to $2.0M a year each$2.0M
FundedThrough a donor-advised fundStopped