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Florida · Nonprofit

New College of Florida Development Corporation

New College of Florida Development Corporation (Florida) receives grants from 4 organizations whose IRS filings report $93,429 to it, the largest being COMMUNITY FOUNDATION OF NEW JERSEY ($50,000). 0 of them have funded it in more than one year, and 59% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$624k
Funders on record
4
Grants received
$93k
Net assets
$276k
0/4 repeat funderspeak grant-dependency 5%
01What it does

What New College of Florida Development Corporation does

Mission

Direct support organization to provide aid in the form of money and other forms of property and services to new college of florida, a member of the florida state university system.

As stated on its FY2025 Form 990.

Program

  1. Providing financing for the construction and renovation of educational and student housing for new college of florida, a member of the florida state university system.

    $602,382 spent$624,030 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $602,382.

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 ($1.2M) Net assets 100 ($296k)2018 Revenue 100 ($1.2M) Expenses 100 ($1.2M) Net assets 99 ($294k)2019 Revenue 109 ($1.3M) Expenses 109 ($1.3M) Net assets 98 ($291k)2020 Revenue 101 ($1.2M) Expenses 101 ($1.2M) Net assets 97 ($289k)2021 Revenue 93 ($1.1M) Expenses 93 ($1.2M) Net assets 97 ($286k)2022 Revenue 87 ($1.1M) Expenses 87 ($1.1M) Net assets 96 ($284k)2023 Revenue 56 ($693k) Expenses 56 ($695k) Net assets 95 ($281k)2024 Revenue 54 ($673k) Expenses 54 ($675k) Net assets 94 ($279k)2025 Revenue 50 ($624k) Expenses 50 ($627k) Net assets 93 ($276k)
'17'18'19'20'21'22'23'24'25
Revenue (50)Expenses (50)Net assets (93)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 2017 to 2018, from $28M to $27M (−7%).

$28M
$27M
$26M
$25M
$23M
$22M
$21M
$19M
$18M
'17'18'19'20'21'22'23'24'25
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
2025
ContributionsProgram revenueInvestmentOther

0% of New College of Florida Development Corporation’s revenue is contributions — more earned-revenue than three-quarters of its peers (57% for the typical peer).

This organization
Typical peer · 24,946 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 9 of the last 9 reported years ran a deficit.

−$2k
’17
−$2k
’18
−$2k
’19
−$2k
’20
−$2k
’21
−$2k
’22
−$2k
’23
−$2k
’24
−$2k
’25

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

Fitz-Patrick Christie

Executive Director

Board chair

Richard Corcoran

Chair

As listed on its FY2025 Form 990.

The chief executive listed changed between the FY2023 and FY2024, and between the FY2024 and FY2025 filings.

'17'18'19'20'21'22'23'24'25
Listed7777791087
Joined·+1+0+1+2+3+5+2+6
No longer listed·10121447
03Who funds it

Who funds it, year by year

2017 → 2023: the base held at 1 funder, grant income rose $5k → $23k.

2 of 4 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 59% 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 New College of Florida 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

New College of Florida Development Corporation leans on a few funders — its largest provides 54% of grant income and the top three 95%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

100% 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 New College of Florida Development Corporation.

54%
largest funder
95%
top three
~3
effective funders

Largest funder’s share by year: 2017 100% · 2019 77% · 2023 100% — broadly stable.

“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

59% of New College of Florida Development Corporation's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $38k that is directly attributable, 100% of it comes from funders outside Florida, across 2 states.

CT
DC

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

’19
’23
Florida out of state home

Funder states come from each funder’s own filing. $55k arriving through sponsors registered in 2 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

New College of Florida Development Corporation's revenue fell 50% between 2017 and 2025.

Operating margin−0% · below the median
Revenue growth (annualized)−8% · bottom quartile

this organization peer median middle 50% of peers· 16,849 education nonprofits $100k–$1M, FY2025

Organizations like New College of Florida 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 Florida

Nationally

05Profile & governance

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

Where the money goes

96% of spending goes to programs.

Program 96%Management 4%Fundraising 0%

Governance

6
board members
33%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Part of a family of 2 related entities

  • New College of Florida · exempt
  • New College Foundation Inc · exempt

Screen this organization

A dated, signed PDF of the compliance screen for New College of Florida 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 New College of Florida Development Corporation?
New College of Florida Development Corporation (Florida) receives grants from 4 organizations whose IRS filings report $93,429 to it, the largest being COMMUNITY FOUNDATION OF NEW JERSEY ($50,000). 0 of them have funded it in more than one year, and 59% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does New College of Florida Development Corporation have?
IRS filings report 4 organizations giving $93,429 in grants to New College of Florida Development Corporation.
Who is the largest funder of New College of Florida Development Corporation?
COMMUNITY FOUNDATION OF NEW JERSEY is the largest funder on record, with $50,000 in grants. The full list of funders is on this page.
How can an organization like New College of Florida Development Corporation find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Florida. 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 New College of Florida Development →

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 4 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