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Indiana · Nonprofit

Southeast Neighborhood Development Inc

Southeast Neighborhood Development Inc (Indiana) receives grants from 12 organizations whose IRS filings report $1,857,400 to it, the largest being LOCAL INITIATIVES SUPPORT CORPORATION ($939,748). 6 of them have funded it in more than one year.

Revenue FY2024
$3.1M
Funders on record
12
Grants received
$1.9M
Net assets
$3.5M
6/12 repeat fundersgrants exceed reported revenue in one year
01What it does

What Southeast Neighborhood Development Inc does

Mission

Southeast Neighborhood Development, Inc. (SEND) is a non-profit community development corporation that advocates for housing, economic, and social equity by working with residents, business owners, and community partners to create and maintain inclusive, healthy, and vibrant neighborhoods in southeast Indy. Since 1983, we've invested more than $40 million in development projects in our community while improving housing, attracting business and investment, fostering education, sponsoring unique events, and helping spread the word about all the good things going on in our neighborhood.

As stated on its FY2024 Form 990.

Programs

  1. Affordable Housing SEND envisions vibrant communities where equitable access to high-quality, long-term affordable housing is a reality for all, irrespective of income, race, ethnicity, background, or ability.

    $2,629,269 spentof which $2,024,734 as grants$683,539 earned by the program
    85% of program spending
  2. Economic Development SEND envisions vibrant local economies where small business owners and entrepreneurs no longer face barriers, having equitable access to capital and resources that support business growth.

    $352,696 spentof which $83,696 as grants
    11% of program spending
  3. Community Building SEND envisions neighborhoods where all voices have a space and a place to advocate for a better quality of life.

    $123,960 spentof which $37,410 as grants
    4% of program spending

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $3,105,925.

02The organization over time

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.

100 = 20172017 Revenue 100 ($594k) Expenses 100 ($650k) Net assets 100 ($5.3M)2018 Revenue 53 ($317k) Expenses 112 ($730k) Net assets 92 ($4.8M)2019 Revenue 86 ($514k) Expenses 130 ($849k) Net assets 86 ($4.5M)2020 Revenue 110 ($651k) Expenses 110 ($718k) Net assets 84 ($4.4M)2021 Revenue 171 ($1.0M) Expenses 150 ($973k) Net assets 85 ($4.5M)2022 Revenue 420 ($2.5M) Expenses 376 ($2.4M) Net assets 78 ($4.1M)2023 Revenue 569 ($3.4M) Expenses 568 ($3.7M) Net assets 74 ($3.9M)2024 Revenue 515 ($3.1M) Expenses 529 ($3.4M) Net assets 67 ($3.5M)
'17'18'19'20'21'22'23'24
Revenue (515)Expenses (529)Net assets (67)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 2017 to 2018, from $7.0M to $5.8M (−17%).

$7.0M
$5.8M
$5.5M
$5.3M
$5.2M
$5.6M
$5.1M
$4.5M
'17'18'19'20'21'22'23'24
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.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 42% · 2018 83% · 2019 26% · 2020 40% · 2021 35% · 2022 25% · 2023 67% · 2024 59%. Grants only. Government contracts and fees sit inside program revenue.

74% of Southeast Neighborhood Development Inc’s revenue is contributions — more donation-reliant than the typical peer (61% for the typical peer).

This organization
Typical peer · 4,434 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 6 of the last 8 reported years ran a deficit.

−$56k
’17
−$413k
’18
−$335k
’19
−$67k
’20
$44k
’21
$57k
’22
−$316k
’23
−$380k
’24
2.5
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.

Board chair

Pastor David Bacon

Chairman

As listed on its FY2024 Form 990.

2017201820192020202120232024
Listed17171914141417
Joined·+3+5+3+2·+3
No longer listed·3382·0
03Who funds it

Who funds it, year by year

2017 → 2023: the base narrowed from 5 funders to 4 funders, grant income rose $141k → $413k.

5 of 12 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 6% 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 Southeast Neighborhood Development Inc’s funders (the co-funder graph). Top 11 of 12 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

Southeast Neighborhood Development Inc leans on a few funders — its largest provides 51% of grant income and the top three 94%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

100% 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 Southeast Neighborhood Development Inc.

51%
largest funder
94%
top three
~2
effective funders

Largest funder’s share by year: 2017 39% · 2018 56% · 2019 43% · 2020 68% · 2021 54% · 2022 52% · 2023 55% — growing more concentrated.

“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

22% of Southeast Neighborhood Development Inc's funders are still giving 3 years after their first grant; 50% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

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

Southeast Neighborhood Development Inc draws 54% of its grant income from funders outside Indiana, across 2 states in all.

NY
IN

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

’17
’18
’19
’20
’21
’22
’23
Indiana out of state home

Funder states come from each funder’s own filing. $119k arriving through sponsors registered in 3 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

Southeast Neighborhood Development Inc has grown faster than three-quarters of the 4,203 community improvement nonprofits its size.

Operating margin−12% · bottom quartile
Months of reserve2.5mo · below the median
Revenue growth (annualized)26% · top quartile

this organization peer median middle 50% of peers· 4,203 community improvement nonprofits $1M–$10M, FY2024

Government funding Southeast Neighborhood Development Inc receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $45k on record.

Federal$45k
grants $45kcontracts $0
Top agencies
  • Department of Commerce$45k

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 Southeast Neighborhood 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 Indiana

Nationally

05Profile & governance

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

Where the money goes

90% of spending goes to programs.

Program 90%Management 9%Fundraising 1%

Governance

13
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

78%

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

Footprint & structure

Files a return copy in 1 state

IN

Part of a family of 2 related entities

  • SEND Hanna Commons LLC · disregarded
  • UP Hanna Commons LP · partnership

Screen this organization

A dated, signed PDF of the compliance screen for Southeast Neighborhood 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 Southeast Neighborhood Development Inc?
Southeast Neighborhood Development Inc (Indiana) receives grants from 12 organizations whose IRS filings report $1,857,400 to it, the largest being LOCAL INITIATIVES SUPPORT CORPORATION ($939,748). 6 of them have funded it in more than one year.
How many funders does Southeast Neighborhood Development Inc have?
IRS filings report 12 organizations giving $1,857,400 in grants to Southeast Neighborhood Development Inc, 6 of which have funded it in more than one year.
Who is the largest funder of Southeast Neighborhood Development Inc?
LOCAL INITIATIVES SUPPORT CORPORATION is the largest funder on record, with $939,748 in grants. The full list of funders is on this page.
How can an organization like Southeast Neighborhood Development Inc find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Indiana. 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 12 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