Nonprofit screen
Screen a listTexas Association of Community Development Corp
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 listing
- Listed
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(1)
$827krevenue
FY2024 · +34% in 3 yrs5staff
8 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin12.6%
Months of reserve11.5mo
Revenue growth (annualized)+15.7%
Middle half of peersMedianTexas Association of Community Development
Where the money goes FY2024 · $723k spent
Programs$646k89%Management and general$63k9%Fundraising$14k2%990 FY2024 · Part IX line 25
Worth checking1
Deficits in 2 of the last 3 years
−$62k in FY2022 and −$88k in FY2023. Cash covers 11.5 months, above the peer median of 6.9.
990 Part I and balance sheetIn its favor2
Strong governance
15 of 15 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VIGrowing faster than peers
Revenue up 16% a year since FY2017, in the top quarter of similar nonprofits.
990 Part I · peer cohort14funders
$78ka year, last 3 years
64%from its largest funder
Funder’18’19’20’21’22’23Houston Endowment IncOn and off$500kJpmorgan Chase FoundationOn and off$125k$70k$25kBBVA FoundationOn and off$55kLocal Initiatives Support CorporationOn and off$25kThe Bank of America Charitable Foundation IncOn and off$20kSimmons First Foundation IncOn and off$15kDonor-advised giftsDonors not disclosed$32k$150k$25k2 other fundersUp to $10k a year each$15k$5k
FundedThrough a donor-advised fund