Georgia · Nonprofit
ONE SUMTER ECONOMIC DEVELOPMENT FOUNDATION INC
ONE SUMTER ECONOMIC DEVELOPMENT FOUNDATION INC (Georgia) receives grants from 8 organizations whose IRS filings report $232,395 to it, the largest being PHOEBE SUMTER MEDICAL CENTER INC ($74,792). 4 of them have funded it in more than one year.
- Revenue FY2024
- $6.2M
- Funders on record
- 8
- Grants received
- $232k
- Net assets
- $423k
What One Sumter Economic Development Foundation Inc does
Mission
Enhancement and promotion of economic development, workforce development, marketing and communications, and transportation efforts in sumter county, georgia
As stated on its FY2024 Form 990.
Programs
Economic development - developed and promoted projects designed to enhance economic development, encourage new business growth and downtown redevelopment in sumter county and the municipalities therein by supporting next site consulting, community & regional partnerships, and grow 2024 capital campaign.
$137,816 spent39% of program spendingWorkforce development - worked closely with business and education leaders in sumter county to enable our future workforce to have a greater opportunity to develop their talents and be better equipped to become productive members in the community by supporting the college and career academy and locate south ga leads.
$197,750 spent56% of program spendingLeadership development and regional sustainability
$17,078 spent5% of program spending- provided administrative support for the ingnit college and carrer academy, the growth 2024 campaign, the stock photography library, websit redesign, partnership with south georgia leads regional leadership development program by sponsoring a south georgia representative, and established a census complete count committee
The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $352,644.
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.
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 $312k to $1.3M (+310%).
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.
Government-grant reliance: 2018 3% · 2019 13% · 2021 8% · 2022 2%. Grants only. Government contracts and fees sit inside program revenue.
2% of ONE SUMTER ECONOMIC DEVELOPMENT FOUNDATION INC’s revenue is contributions — about as donation-reliant as the typical peer (61% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 8 reported years ran a deficit.
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.
Board chair
Alex Saratsiotis
Chairman
As listed on its FY2024 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $2k → $5k.
2 of 8 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 4% 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 ONE SUMTER ECONOMIC DEVELOPMENT FOUNDATION 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
ONE SUMTER ECONOMIC DEVELOPMENT FOUNDATION INC leans on a few funders — its largest provides 32% of grant income and the top three 74%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
61% 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 ONE SUMTER ECONOMIC DEVELOPMENT FOUNDATION INC.
Largest funder’s share by year: 2017 100% · 2018 100% · 2019 58% · 2020 49% · 2021 58% · 2022 48% · 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.
How long its funders stay
20% of ONE SUMTER ECONOMIC DEVELOPMENT FOUNDATION INC's funders are still giving 3 years after their first grant; 50% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
81% of ONE SUMTER ECONOMIC DEVELOPMENT FOUNDATION INC's grant income comes from Georgia funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $10k 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.
Against its field
ONE SUMTER ECONOMIC DEVELOPMENT FOUNDATION INC has grown faster than three-quarters of the 4,203 community improvement nonprofits its size.
this organization peer median middle 50% of peers· 4,203 community improvement nonprofits $1M–$10M, FY2024
Government funding ONE SUMTER ECONOMIC DEVELOPMENT FOUNDATION INC receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $1.7M on record.
- Department of Housing and Urban Development$1.7M
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like ONE SUMTER ECONOMIC DEVELOPMENT FOUNDATION 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 Georgia
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
5% of spending goes to programs.
Governance
Public support
29%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for ONE SUMTER ECONOMIC DEVELOPMENT FOUNDATION 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.
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 ONE SUMTER ECONOMIC DEVELOPMENT FOUNDATION INC?
- ONE SUMTER ECONOMIC DEVELOPMENT FOUNDATION INC (Georgia) receives grants from 8 organizations whose IRS filings report $232,395 to it, the largest being PHOEBE SUMTER MEDICAL CENTER INC ($74,792). 4 of them have funded it in more than one year.
- How many funders does ONE SUMTER ECONOMIC DEVELOPMENT FOUNDATION INC have?
- IRS filings report 8 organizations giving $232,395 in grants to ONE SUMTER ECONOMIC DEVELOPMENT FOUNDATION INC, 4 of which have funded it in more than one year.
- Who is the largest funder of ONE SUMTER ECONOMIC DEVELOPMENT FOUNDATION INC?
- PHOEBE SUMTER MEDICAL CENTER INC is the largest funder on record, with $74,792 in grants. The full list of funders is on this page.
- How can an organization like ONE SUMTER ECONOMIC DEVELOPMENT FOUNDATION INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Georgia. 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 8 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