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New York · Nonprofit

NEAR WEST SIDE INITIATIVE INC

NEAR WEST SIDE INITIATIVE INC (New York) receives grants from 5 organizations whose IRS filings report $33,642 to it, the largest being CENTRAL NEW YORK COMMUNITY FOUNDATION INC ($8,250). 2 of them have funded it in more than one year.

Revenue FY2024
$-907984
Funders on record
5
Grants received
$34k
Net assets
$1.5M
2/5 repeat funderspeak grant-dependency 1%
01What it does

What Near West Side Initiative Inc does

Mission

To function as a community development organization for the purpose of creating & implementing a comprehensive redevelopment plan for the near west side neighborhood of the city of syracuse

As stated on its FY2024 Form 990.

Programs

  1. The near west side initiative, inc maintained and rented properties designated for renovation as part of their redevelopment plan for the near west side neighborhood within the city of syracuse.

    $995,215 spent$743,406 earned by the program
    97% of program spending
  2. Multi-use performing arts center (saltspace) dedicated to enhancing the quality of life in the community through an accessible artistic hub for creative collaboration and opportunity.

    $27,544 spent$34,367 earned by the program
    3% of program spending

The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $1,022,759.

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 ($1.2M) Expenses 100 ($1.4M) Net assets 100 ($6.4M)2018 Revenue 295 ($3.5M) Expenses 94 ($1.3M) Net assets 134 ($8.6M)2019 Revenue 114 ($1.4M) Expenses 101 ($1.4M) Net assets 134 ($8.6M)2020 Revenue 146 ($1.8M) Expenses 91 ($1.3M) Net assets 141 ($9.1M)2021 Revenue 75 ($901k) Expenses 88 ($1.2M) Net assets 136 ($8.7M)2022 Revenue 71 ($844k) Expenses 95 ($1.3M) Net assets 128 ($8.2M)2023 Revenue 55 ($663k) Expenses 98 ($1.4M) Net assets 117 ($7.5M)2024 Revenue -76 ($-907984) Expenses 81 ($1.1M) Net assets 23 ($1.5M)
'17'18'19'20'21'22'23'24
Revenue (-76)Expenses (81)Net assets (23)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 $10M to $3.2M (−69%).

$11M
$12M
$13M
$12M
$11M
$11M
$10M
$3.2M
'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 9% · 2018 69% · 2019 9% · 2020 47%. Grants only. Government contracts and fees sit inside program revenue.

0% of NEAR WEST SIDE INITIATIVE INC’s revenue is contributions — more earned-revenue than three-quarters of its peers (77% for the typical peer).

This organization
Typical peer · 10,230 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 6 of the last 8 reported years ran a deficit.

−$211k
’17
$2.2M
’18
−$47k
’19
$468k
’20
−$331k
’21
−$499k
’22
−$720k
’23
−$2.0M
’24
1.5
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

Keith Tyson

Executive director

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed19161511101066
Joined·+8+0+3+0+0+1+0
No longer listed·11171050
03Who funds it

Who funds it, year by year

2017 → 2022: the base broadened from 1 funder to 3 funders, grant income rose $3k → $11k.

1 of 5 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 25% 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 NEAR WEST SIDE INITIATIVE INC’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

NEAR WEST SIDE INITIATIVE INC has a broad base — no single funder exceeds 25% 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

48% 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 NEAR WEST SIDE INITIATIVE INC.

25%
largest funder
71%
top three
~5
effective funders

Largest funder’s share by year: 2017 100% · 2020 100% · 2021 71% · 2022 40% — 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.

Where its funders are

90% of NEAR WEST SIDE INITIATIVE INC's grant income comes from New York funders.

NY
DE

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

’17
’20
’21
’22
New York out of state home

Funder states come from each funder’s own filing. $8k arriving through sponsors registered in 1 state 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

NEAR WEST SIDE INITIATIVE INC's funding base is broadening — from 1 funders to 3 as grant income climbed.

Operating margin225% · outside the comparable range
Months of reserve1.5mo · bottom quartile
Revenue growth (annualized)−9% · below the median

this organization peer median middle 50% of peers· 9,376 community improvement nonprofits under $100k, FY2024

Organizations like NEAR WEST SIDE INITIATIVE 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 New York

Nationally

05Profile & governance

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

Where the money goes

90% of spending goes to programs.

Program 90%Management 10%Fundraising 0%

Governance

5
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Public support

100%

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

Footprint & structure

Files a return copy in 1 state

NY

Screen this organization

A dated, signed PDF of the compliance screen for NEAR WEST SIDE INITIATIVE 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.

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

Questions and answers

Who funds NEAR WEST SIDE INITIATIVE INC?
NEAR WEST SIDE INITIATIVE INC (New York) receives grants from 5 organizations whose IRS filings report $33,642 to it, the largest being CENTRAL NEW YORK COMMUNITY FOUNDATION INC ($8,250). 2 of them have funded it in more than one year.
How many funders does NEAR WEST SIDE INITIATIVE INC have?
IRS filings report 5 organizations giving $33,642 in grants to NEAR WEST SIDE INITIATIVE INC, 2 of which have funded it in more than one year.
Who is the largest funder of NEAR WEST SIDE INITIATIVE INC?
CENTRAL NEW YORK COMMUNITY FOUNDATION INC is the largest funder on record, with $8,250 in grants. The full list of funders is on this page.
How can an organization like NEAR WEST SIDE INITIATIVE INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in New York. 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 5 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