Nonprofit screen
Screen a listNew Hill Development Corporation
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)
$2.1Mrevenue
FY2024 · +765% in 3 yrs9staff
6 of 6years filed
’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin57.1%
Months of reserve5.2mo
Revenue growth (annualized)+29.3%
Middle half of peersMedianNew Hill Development
Where the money goes FY2024 · $916k spent
Programs$573k63%Management and general$267k29%Fundraising$76k8%990 FY2024 · Part IX line 25
Worth checking3
A funder worth 11% of revenue stopped after FY2022
Truist Foundation Inc gave $50k in FY2022, 11% of revenue that year.
Funders’ 990-PF grant listsGovernment grants fell 91% in FY2021
$578k in FY2019, $50k in FY2021.
990 Part VIIIDeficits in 2 of the last 3 years
−$2k in FY2022 and −$91k in FY2023. Cash covers 5.2 months, above the peer median of 3.2.
990 Part I and balance sheetIn its favor1
Growing faster than peers
Revenue up 29% a year since FY2019, in the top quarter of similar nonprofits.
990 Part I · peer cohort14funders
$132ka year, last 3 years
39%from its largest funder
Funder’19’20’21’22’23The Bank of America Charitable Foundation IncSince FY2020$15k$10k$30k$10kTruist Foundation IncOn and off$50kFulton Forward FoundationNew in FY2023$50kUnited Way of Greater CharlottesvilleOn and off$25kWoodard Family Foundation IncNew in FY2023$5kTrent Family FoundationOn and off$500Donor-advised giftsDonors not disclosed$10k$20k$117k$21k$79k
FundedThrough a donor-advised fund