Kentucky · Nonprofit
MOUNTAIN ASSOCIATION FOR COMMUNITY ECONOMIC DEVELOPMENT INC
MOUNTAIN ASSOCIATION FOR COMMUNITY ECONOMIC DEVELOPMENT INC (Kentucky) receives grants from 57 organizations whose IRS filings report $23,981,107 to it, the largest being FREEDOM TOGETHER FOUNDATION ($8,950,000). 29 of them have funded it in more than one year.
- Revenue FY2025
- $7.0M
- Funders on record
- 57
- Grants received
- $24M
- Net assets
- $29M
What Mountain Association for Community Economic Development Inc does
Mission
We serve our mission to build a new economy by offering flexible loans and technical support to existing and startup businesses and organizations; helping businesses, nonprofits, public agencies and homeowners find much- needed energy savings; and by engaging in research, communications and advocacy for policy and narrative change. We also work with partners on a variety of projects to demonstrate what's possible in eastern kentucky.
As stated on its FY2025 Form 990.
Programs
4a. Lending & business support expenses/grants to other organizations/revenues 2,503,929/ 257,864/ 1,438,529 the lending team offers loans to existing and startup businesses and organizations. As a community development financial institution and a nonprofit, the organization can offer greater flexibility and lend to individuals who may not otherwise qualify. The business support program connects business owners and nonprofit leaders to consultants who can help them succeed - from website development to professional photography, and more. At fiscal year end, the combined portfolio of mountain association and its affiliated nonprofit appalachian investment corporation included 209 loans totaling approximately 22,153,378. There were approximately 50 loans closed during fiscal year 2025, disbursing a total of10,218,291.
$2,503,929 spentof which $257,864 as grants$1,438,529 earned by the program48% of program spending4c. Appalachian transition communications & policy expenses/grants to other organizations/revenues 716,460/400,000/2,930 appalachian transition is both the overarching framework of our vision for appalachia's brighter future and a body of work aimed at moving us toward that future. This team is focused on conducting communications campaigns, telling important stories through a broad range of avenues, and connecting with leaders and organizations across the country as part of shifting the conversations about the region, our economic transition and our bright future.
$716,460 spentof which $400,000 as grants$2,930 earned by the program14% of program spending4b. Energy programs expenses/grants to other organizations/revenues 970,416/274,096/152,412 the organization's energy experts help businesses, nonprofits, and public agencies find much-needed savings through utility bill analysis, on-site energy efficiency and solar assessments, financing, and grant application support.
$970,416 spentof which $274,096 as grants$152,412 earned by the program19% of program spending4d. Other program services central appalachian network the central appalachian network (can)'s mission is to develop and deploy economic strategies that build wealth in local communities, conserve natural and cultural resources, and empower marginalized communities. Can works in collaboration across sectors, partnering with other non-profits, community groups, funders, educational institutions, local government, and private business. Can actively pursues economic transition in central appalachian communities through a variety of economic sectors and market- based strategies. Mountain association serves as fiscal sponsor for can. Strategic initiatives the strategic initiatives program works to build relationships with communities in eastern kentucky by helping them design and build unique and place-based interventions in economic sectors that fill gaps and demonstrates what's possible in the region's new economy. General community development historically, mountain association has provided administrative support services to and has maintained a joint employer relationship with two small nonprofits whose missions closely align with the organization-- kentucky natural lands trust…
$1,039,550 spentof which $77,695 as grants$368,785 earned by the program20% of program spending
The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $5,230,355.
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.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $29M to $33M (+16%).
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: 2017 19% · 2018 24% · 2019 13% · 2020 18% · 2021 18% · 2022 34% · 2023 24% · 2024 20% · 2025 30%. Grants only. Government contracts and fees sit inside program revenue.
71% of MOUNTAIN ASSOCIATION FOR COMMUNITY ECONOMIC DEVELOPMENT INC’s revenue is contributions — more donation-reliant than the typical peer (61% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 9 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.
Board chair
Hasan Davis
Chair
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 5 funders to 14 funders, grant income rose $1.3M → $3.0M.
15 of 57 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 12% 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 MOUNTAIN ASSOCIATION FOR COMMUNITY ECONOMIC DEVELOPMENT INC’s funders (the co-funder graph). Top 30 of 57 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
MOUNTAIN ASSOCIATION FOR COMMUNITY ECONOMIC DEVELOPMENT INC has a broad base — no single funder exceeds 37% 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
37% 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 MOUNTAIN ASSOCIATION FOR COMMUNITY ECONOMIC DEVELOPMENT INC.
Largest funder’s share by year: 2017 76% · 2018 58% · 2019 37% · 2020 28% · 2021 30% · 2022 54% · 2023 38% — 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
28% of MOUNTAIN ASSOCIATION FOR COMMUNITY ECONOMIC DEVELOPMENT INC's funders are still giving 3 years after their first grant; 51% give in more than one year at all.
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
MOUNTAIN ASSOCIATION FOR COMMUNITY ECONOMIC DEVELOPMENT INC draws 95% of its grant income from funders outside Kentucky, across 16 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $2.8M arriving through sponsors registered in 8 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.
Against its field
MOUNTAIN ASSOCIATION FOR COMMUNITY ECONOMIC DEVELOPMENT INC holds deeper cash reserves than three-quarters of the 2,127 community improvement nonprofits its size.
this organization peer median middle 50% of peers· 2,127 community improvement nonprofits $1M–$10M, FY2025
Organizations like MOUNTAIN ASSOCIATION FOR COMMUNITY ECONOMIC 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 Kentucky
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
75% of spending goes to programs.
Governance
Public support
44%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Part of a family of 2 related entities
- Appalachian Investment Corp · exempt
- Ridgecrest Enterprises Inc · corp_trust
Screen this organization
A dated, signed PDF of the compliance screen for MOUNTAIN ASSOCIATION FOR COMMUNITY ECONOMIC 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 MOUNTAIN ASSOCIATION FOR COMMUNITY ECONOMIC DEVELOPMENT INC?
- MOUNTAIN ASSOCIATION FOR COMMUNITY ECONOMIC DEVELOPMENT INC (Kentucky) receives grants from 57 organizations whose IRS filings report $23,981,107 to it, the largest being FREEDOM TOGETHER FOUNDATION ($8,950,000). 29 of them have funded it in more than one year.
- How many funders does MOUNTAIN ASSOCIATION FOR COMMUNITY ECONOMIC DEVELOPMENT INC have?
- IRS filings report 57 organizations giving $23,981,107 in grants to MOUNTAIN ASSOCIATION FOR COMMUNITY ECONOMIC DEVELOPMENT INC, 29 of which have funded it in more than one year.
- Who is the largest funder of MOUNTAIN ASSOCIATION FOR COMMUNITY ECONOMIC DEVELOPMENT INC?
- FREEDOM TOGETHER FOUNDATION is the largest funder on record, with $8,950,000 in grants. The full list of funders is on this page.
- How can an organization like MOUNTAIN ASSOCIATION FOR COMMUNITY ECONOMIC DEVELOPMENT INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Kentucky. 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 FY2025 (financials across 2017–2025), and the filings of 57 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