Nonprofit screen
Screen a listNybdc Local 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)(2)
$13Mrevenue
FY2025 · +15% in 3 yrs31staff
8 of 8years filed
’18’19’20’21’22’23’24’25
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2025
Operating margin33.2%
Months of reserve11.7mo
Revenue growth (annualized)+9.1%
Middle half of peersMedianNybdc Local Development
Where the money goes FY2025 · $8.7M spent
Programs$7.0M80%Management and general$1.7M20%990 FY2025 · Part IX line 25
Worth checking1
Its largest funder stopped after FY2020
World Trade Center Small Business Recovery Fund Inc gave $2.7M in FY2020, 21% of revenue that year.
Funders’ 990-PF grant listsIn its favor2
Strong governance
7 of 8 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 cohort11funders
$356ka year, last 3 years
56%from its largest funder
Funder’17’18’19’20’21’22’23World Trade Center Small Business Recovery Fund IncOn and off$2.7MJpmorgan Chase FoundationStopped after FY2019$400k$534k$733k–The Bank of America Charitable Foundation IncStopped after FY2020$100k$100k$500k–Citi FoundationOn and off$500kWorkforce Development CorporationOn and off$225kJumpstart IncStopped after FY2020$84k$59k$25k–Donor-advised giftsDonors not disclosed$600k$600k3 other fundersUp to $75k a year each$50k$100k$94k
FundedThrough a donor-advised fundStopped