Nonprofit screen
Screen a listRoanoke Economic Development Inc
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)
$516krevenue
FY2024 · −66% in 3 yrs7 of 7years filed
’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin−108.0%
Months of reserve16.0mo
Revenue growth (annualized)+4.2%
Middle half of peersMedianRoanoke Economic Development
Where the money goes FY2024 · $1.1M spent
Programs$978k91%Management and general$95k9%990 FY2024 · Part IX line 25
Worth checking2
A funder worth 16% of revenue stopped after FY2020
Mertz Gilmore Foundation gave $35k in FY2020, 16% of revenue that year.
Funders’ 990-PF grant listsDeficits in 3 of the last 3 years
−$763k in FY2022, −$187k in FY2023 and −$557k in FY2024. Cash covers 16.0 months, above the peer median of 7.6.
990 Part I and balance sheetIn its favor1
Strong governance
9 of 9 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VI15funders
$494ka year, last 3 years
32%from its largest funder
Funder’17’18’19’20’21’22’23American Forest FoundationSince FY2021$85k$180k$201kUnited States Energy FoundationOn and off$100k$100kRoanoke-Chowan Foundation IncNew in FY2023$188kThe Nathan Cummings Foundation IncSince FY2022$75k$75kZ Smith Reynolds Foundation IncSince FY2022$78k$70kNc Foundation for Soil and Water Conservation IncStopped after FY2022$19k$44k–Donor-advised giftsDonors not disclosed$180k6 other fundersUp to $182k a year each$202k$209k$113k$118k$45k$91k$50k
FundedThrough a donor-advised fundStopped