Nonprofit screen
Screen a listRochester Downtown 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)
$2.7Mrevenue
FY2024 · +162% in 3 yrs4staff
8 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin39.9%
Months of reserve5.6mo
Revenue growth (annualized)+29.7%
Middle half of peersMedianRochester Downtown Development
Where the money goes FY2024 · $1.6M spent
Programs$1.3M82%Management and general$289k18%990 FY2024 · Part IX line 25
Worth checking1
Government grants fell 98% in FY2022
$397k in FY2021, $7k in FY2022.
990 Part VIIIIn its favor2
Strong governance
47 of 47 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VIGrowing faster than peers
Revenue up 30% a year since FY2017, in the top quarter of similar nonprofits.
990 Part I · peer cohort8funders
$28ka year, last 3 years
84%from its largest funder
Funder’19’20’21’22Esl Charitable FoundationNew in FY2022$71kRochester Institute of TechnologyOn and off$6kCostanza Family FoundationOn and off$2kDonor-advised giftsDonors not disclosed$7k$5k
FundedThrough a donor-advised fund