Florida · Nonprofit
TEAM VOLUSIA ECONOMIC DEVELOPMENT CORPORATION
TEAM VOLUSIA ECONOMIC DEVELOPMENT CORPORATION (Florida) receives grants from 3 organizations whose IRS filings report $122,100 to it, the largest being DAYTONA BEACH AREA ASSOCIATION OF REALTORS INC ($94,000). 2 of them have funded it in more than one year.
- Revenue FY2024
- $1.3M
- Funders on record
- 3
- Grants received
- $122k
- Net assets
- $1.0M
What Team Volusia Economic Development Corporation does
Mission
The primary mission of the organization is to expand volusia county's economic base creating a competitively sustainable and diversified economy.
As stated on its FY2024 Form 990.
Program
Promote and foster economic devlopment in volusia county
$869,037 spent$1,239,832 earned by the program100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $869,037.
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 2021 to 2022, from $1.2M to $1.5M (+23%).
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: 2021 7% · 2023 2%. Grants only. Government contracts and fees sit inside program revenue.
98% of TEAM VOLUSIA ECONOMIC DEVELOPMENT CORPORATION’s revenue is contributions — more reliant on donations than three-quarters of its peers (60% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 3 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.
Chief executive
Keith Norden
CEO
As listed on its FY2024 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $10k → $18k.
From the IRS filings of TEAM VOLUSIA ECONOMIC DEVELOPMENT CORPORATION’s funders (the co-funder graph). 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
TEAM VOLUSIA ECONOMIC DEVELOPMENT CORPORATION leans on a few funders — its largest provides 77% of grant income and the top three 100%; 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 TEAM VOLUSIA ECONOMIC DEVELOPMENT CORPORATION.
Largest funder’s share by year: 2017 100% · 2018 100% · 2019 50% · 2020 50% · 2021 100% · 2022 100% · 2023 55% — 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.
Where its funders are
100% of TEAM VOLUSIA ECONOMIC DEVELOPMENT CORPORATION's grant income comes from Florida funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. 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
TEAM VOLUSIA ECONOMIC DEVELOPMENT CORPORATION holds deeper cash reserves than three-quarters of the 4,206 community improvement nonprofits its size.
this organization peer median middle 50% of peers· 4,206 community improvement nonprofits $1M–$10M, FY2024
Organizations like TEAM VOLUSIA ECONOMIC DEVELOPMENT CORPORATION
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 Florida
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
77% of spending goes to programs.
Governance
Screen this organization
A dated, signed PDF of the compliance screen for TEAM VOLUSIA ECONOMIC DEVELOPMENT CORPORATION: 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 TEAM VOLUSIA ECONOMIC DEVELOPMENT CORPORATION?
- TEAM VOLUSIA ECONOMIC DEVELOPMENT CORPORATION (Florida) receives grants from 3 organizations whose IRS filings report $122,100 to it, the largest being DAYTONA BEACH AREA ASSOCIATION OF REALTORS INC ($94,000). 2 of them have funded it in more than one year.
- How many funders does TEAM VOLUSIA ECONOMIC DEVELOPMENT CORPORATION have?
- IRS filings report 3 organizations giving $122,100 in grants to TEAM VOLUSIA ECONOMIC DEVELOPMENT CORPORATION, 2 of which have funded it in more than one year.
- Who is the largest funder of TEAM VOLUSIA ECONOMIC DEVELOPMENT CORPORATION?
- DAYTONA BEACH AREA ASSOCIATION OF REALTORS INC is the largest funder on record, with $94,000 in grants. The full list of funders is on this page.
- How can an organization like TEAM VOLUSIA ECONOMIC DEVELOPMENT CORPORATION find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Florida. 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 Team Volusia Economic Development →
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 3 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