Nonprofit screen
Screen a listThe Economic Development Group Inc
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 nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(1)
$7.8Mrevenue
FY2025 · +67% in 3 yrs60staff
7 of 8years filed
’18’19’20’21’22’23’24’25
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2025
Operating margin26.4%
Months of reserve6.9mo
Revenue growth (annualized)+45.1%
Middle half of peersMedianEconomic Development Group
Where the money goes FY2025 · $5.7M spent
Programs$4.3M75%Management and general$1.4M25%Fundraising$11k0%990 FY2025 · Part IX line 25
Nothing to check in the filings
In its favor3
Strong governance
14 of 14 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VIGrowing faster than peers
Revenue up 45% a year since FY2017, in the top quarter of similar nonprofits.
990 Part I · peer cohortA history of government grants
Government grants on 8 of its 8 returns, 38% of revenue in FY2025. $800k is traced federal awards from Department of Housing and Urban Development.
990 Part VIII · USAspending19funders
$343ka year, last 3 years
49%from its largest funder
Funder’19’20’21’22’23First Niagara FoundationStopped after FY2022$250k$250k$250k–Ecmc FoundationOn and off$403kUnited Way of Buffalo and Erie CountyStopped after FY2021$19k$219k$134k–Local Initiatives Support CorporationOn and off$165kNational Grid FoundationNew in FY2023$35kC D Spangler Foundation IncOn and off$25kDonor-advised giftsDonors not disclosed$26k$50k$45k$222k$58k8 other fundersUp to $11k a year each$15k$11k$3k$7k$250
FundedThrough a donor-advised fundStopped