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
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
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 program85% of program spendingEconomic 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 grants11% of program spendingCommunity 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 grants4% of program spending
The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $3,105,925.
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.
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%).
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.
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).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 6 of the last 8 reported years ran a deficit.
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.
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.
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.
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.
In-state vs out-of-state, by year
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.
Against its field
Southeast Neighborhood Development Inc has grown faster than three-quarters of the 4,203 community improvement nonprofits its size.
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.
- 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
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
90% of spending goes to programs.
Governance
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
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.
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