Nonprofit screen
Screen a listNational Minority Supplier Development Council Inc
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 listing
- Listed
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(1)
$30Mrevenue
FY2024 · +56% in 3 yrs58staff
8 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin−6.4%
Months of reserve2.3mo
Revenue growth (annualized)+8.7%
Middle half of peersMedianNational Minority Supplier Development Council
Where the money goes FY2024 · $32M spent
Programs$25M80%Management and general$6.4M20%Fundraising$31k0%990 FY2024 · Part IX line 25
Worth checking1
Deficits in 2 of the last 3 years
−$1.9M in FY2023 and −$1.9M in FY2024. Cash covers 2.3 months, under the peer median of 3.3.
990 Part I and balance sheetIn its favor3
Strong governance
31 of 31 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements.
990 Part VIGrowing faster than peers
Revenue up 9% a year since FY2017, faster than half of similar nonprofits.
990 Part I · peer cohortA history of government grants
Government grants on 3 of its 3 returns, 3% of revenue in FY2024. $4.8M is traced federal awards from Department of Commerce.
990 Part VIII · USAspending27funders
$430ka year, last 3 years
26%from its largest funder
Funder’17’18’19’20’21’22’23Ge Aerospace FoundationOn and off$500kAARPSince FY2018$30k$30k$40k$35k$30k$30kThe Blackstone Charitable FoundationNew in FY2023$167kBeygood FoundationNew in FY2023$60kAssurant FoundationSince FY2021$19k$19k$19kUNFI FoundationNew in FY2023$50kDonor-advised giftsDonors not disclosed$2k$19k$299k$44k$83k10 other fundersUp to $337k a year each$10k$69k$337k$26k$73k
FundedThrough a donor-advised fund