Nonprofit screen
Screen a listPidc Local Development Corporation
Can you give?
Listed with the IRS. Every screen came back clear.
An organization on 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
- Not stated
$8.9Mrevenue
FY2024 · +36% in 3 yrs7 of 7years filed
’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin−56.8%
Months of reserve81.9mo
Revenue growth (annualized)−18.3%
Middle half of peersMedianPidc Local Development
Where the money goes FY2024 · $14M spent
Programs$14M100%990 FY2024 · Part IX line 25
Worth checking3
Its largest funder stopped after FY2020
PIDC-Community Capital gave $2.2M in FY2020, 16% of revenue that year.
Funders’ 990-PF grant listsGovernment grants fell 90% in FY2021
$9.0M in FY2020, $884k in FY2021.
990 Part VIIIDeficits in 2 of the last 3 years
−$19M in FY2023 and −$5.0M in FY2024. Cash covers 81.9 months, above the peer median of 5.5.
990 Part I and balance sheetIn its favor1
Strong governance
27 of 27 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VI2funders
$181ka year, last 3 years
100%from its largest funder
Funder’20’21’22’23PIDC-Community CapitalOn and off$2.2MUniversity City DistrictSince FY2021$122k$371k$50k
Funded