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Ohio · Nonprofit

SMART DEVELOPMENT INC

SMART DEVELOPMENT INC (Ohio) receives grants from 25 organizations whose IRS filings report $2,359,030 to it, the largest being THE GEORGE GUND FOUNDATION ($535,000). 19 of them have funded it in more than one year.

Revenue FY2024
$1.4M
Funders on record
25
Grants received
$2.4M
Net assets
$4.4M
19/25 repeat funderspeak grant-dependency 34%
01What it does

What Smart Development Inc does

Mission

The Organizations mission is to create sustainable and vibrant communities through neighborhood revitalization, affordable housing

As stated on its FY2022 Form 990.

Program

  1. Not described on the e-filed return.

    $1,300,631 spent$1,429,710 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $1,300,631.

02The organization over time

The organization over time

Each line starts at 100 in 2018, so what you read is the shape rather than the size: 150 means half as much again as 2018, 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.

100 = 20182018 Revenue 100 ($204k) Expenses 100 ($214k) Net assets 100 ($351k)2019 Revenue 246 ($502k) Expenses 178 ($382k) Net assets 34 ($121k)2020 Revenue 376 ($768k) Expenses 317 ($678k) Net assets 265 ($929k)2021 Revenue 728 ($1.5M) Expenses 538 ($1.2M) Net assets 1985 ($7.0M)2022 Revenue 979 ($2.0M) Expenses 796 ($1.7M) Net assets 1989 ($7.0M)2024 Revenue 700 ($1.4M) Expenses 647 ($1.4M) Net assets 1264 ($4.4M)
201820192020202120222024
Revenue (700)Expenses (647)Net assets (1264)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $1.5M to $8.4M (+444%).

$361k
$1.3M
$1.5M
$8.4M
$8.2M
$5.1M
201820192020202120222024
Total assetsTotal liabilities

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.

2018
2019
2020
2021
2022
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2018 84%. Grants only. Government contracts and fees sit inside program revenue.

41% of SMART DEVELOPMENT INC’s revenue is contributions — about as donation-reliant as the typical peer (60% for the typical peer).

This organization
Typical peer · 4,444 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 6 reported years ran a deficit.

−$10k
’18
$121k
’19
$90k
’20
$334k
’21
$297k
’22
$45k
’24
1.4
months of
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.

Chief executive

Mustafa Abed

Executive Director/President

As listed on its FY2024 Form 990.

201820192020202120222024
Listed369101010
Joined·+3+5+1+1·
No longer listed·0201·
03Who funds it

Who funds it, year by year

2018 → 2023: the base broadened from 1 funder to 15 funders, grant income rose $20k → $555k.

4 of 25 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 24% 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 SMART DEVELOPMENT INC’s funders (the co-funder graph). Top 23 of 25 funders by total. 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

SMART DEVELOPMENT INC has a broad base — no single funder exceeds 23% of grant income, and it takes 4 funders to reach half.

the vertical line marks half of all grant income — 4 funders to its left

46% 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 SMART DEVELOPMENT INC.

23%
largest funder
50%
top three
~9
effective funders

Largest funder’s share by year: 2018 100% · 2019 100% · 2020 59% · 2021 33% · 2022 19% · 2023 27% — diversifying over time.

“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

75% of SMART DEVELOPMENT INC's funders are still giving 3 years after their first grant; 76% give in more than one year at all.

first grant+1y+2y+3y

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

87% of SMART DEVELOPMENT INC's grant income comes from Ohio funders.

OH
PA
VA
TN

In-state vs out-of-state, by year

’18
’19
’20
’21
’22
’23
Ohio out of state home

Funder states come from each funder’s own filing. $561k 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.

04Its place in the field

Against its field

SMART DEVELOPMENT INC has grown faster than three-quarters of the 4,206 community improvement nonprofits its size.

Operating margin3% · below the median
Months of reserve1.4mo · bottom quartile
Revenue growth (annualized)38% · top quartile

this organization peer median middle 50% of peers· 4,206 community improvement nonprofits $1M–$10M, FY2024

Organizations like SMART DEVELOPMENT 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 Ohio

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

94% of spending goes to programs.

Program 94%Management 6%Fundraising 0%

Governance

10
board members
100%
independent
–Conflict-of-interest policy–Whistleblower policy✓Document retention–Board reviewed the 990–Audited financials

Public support

0%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

OH

Screen this organization

A dated, signed PDF of the compliance screen for SMART DEVELOPMENT 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.

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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 SMART DEVELOPMENT INC?
SMART DEVELOPMENT INC (Ohio) receives grants from 25 organizations whose IRS filings report $2,359,030 to it, the largest being THE GEORGE GUND FOUNDATION ($535,000). 19 of them have funded it in more than one year.
How many funders does SMART DEVELOPMENT INC have?
IRS filings report 25 organizations giving $2,359,030 in grants to SMART DEVELOPMENT INC, 19 of which have funded it in more than one year.
Who is the largest funder of SMART DEVELOPMENT INC?
THE GEORGE GUND FOUNDATION is the largest funder on record, with $535,000 in grants. The full list of funders is on this page.
How can an organization like SMART DEVELOPMENT INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Ohio. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Smart Development →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2018–2024), and the filings of 25 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 22, 2026. What this page cannot tell you · view filing