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Massachusetts · Nonprofit

THE ICA GROUP INC

THE ICA GROUP INC (Massachusetts) receives grants from 10 organizations whose IRS filings report $6,130,975 to it, the largest being The Kendeda Fund ($4,610,000). 5 of them have funded it in more than one year.

$2.9M
Revenue FY2025
10
Funders on record
$6.1M
Grants received
$-126857
Net assets
5/10 repeat fundersgrants exceed reported revenue in one year

Three funders worth looking at

Grantmakers with no record of funding this organization, ranked by how strongly the co-funder graph and the mission embeddings agree. The evidence is in section 03.

See all 12 prospects and why each one surfaced →
01The 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.

100 = 20172017 Revenue 100 ($1.1M) Expenses 100 ($972k) Net assets 100 ($396k)2018 Revenue 137 ($1.5M) Expenses 131 ($1.3M) Net assets 158 ($626k)2019 Revenue 229 ($2.5M) Expenses 171 ($1.7M) Net assets 371 ($1.5M)2020 Revenue 177 ($1.9M) Expenses 252 ($2.5M) Net assets 241 ($954k)2021 Revenue 166 ($1.8M) Expenses 210 ($2.0M) Net assets 182 ($722k)2022 Revenue 133 ($1.5M) Expenses 190 ($1.8M) Net assets 84 ($331k)2023 Revenue 180 ($2.0M) Expenses 194 ($1.9M) Net assets 178 ($704k)2024 Revenue 115 ($1.3M) Expenses 199 ($1.9M) Net assets 7 ($29k)2025 Revenue 266 ($2.9M) Expenses 315 ($3.1M) Net assets -32 ($-126857)
'17'18'19'20'21'22'23'24'25
Revenue (266)Expenses (315)Net assets (-32)

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
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2021 14% · 2022 22% · 2024 2% · 2025 4%. Grants only. Government contracts and fees sit inside program revenue.

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 9 reported years ran a deficit.

$123k
17
$230k
18
$844k
19
$516k
20
$232k
21
$391k
22
$91k
23
$675k
24
$156k
25
0.2
months of
reserve
02Who funds it

Who funds it, year by year

2017 → 2022: the base broadened from 1 funder to 2 funders, grant income fell $25k → $5k.

2 of 10 of your funders are donor-advised or pass-through sponsors (tagged DAF)2% 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 THE ICA GROUP INC’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

THE ICA GROUP INC leans on a few funders — its largest provides 75% 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

75%
largest funder
94%
top three
~2
effective funders

Largest funder’s share by year: 2017 100% · 2018 83% · 2019 100% · 2020 94% · 2021 91% · 2022 100%broadly stable.

“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

40% of THE ICA GROUP INC's funders are still giving 2 years after their first grant; 50% give in more than one year at all.

first grant+1y+2y

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 FY2022, 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

THE ICA GROUP INC draws 100% of its grant income from funders outside Massachusetts, across 7 states in all.

MI
NY
MA
CA
CO
DE
DC

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

17
18
19
20
21
22
Massachusetts out of state home

Funder states come from each funder’s own filing. $150k arriving through sponsors registered in 2 statesis 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.

03Its place in the field

Funders to approach

Grantmakers that don’t fund you yet, surfaced two ways: they back organizations that share your funders, or their grantees resemble your mission. The ones both signals agree on come first. Your 10 funders put you under-funded among the 400 organizations that share them.

From the co-funder graph (funders backing at least two comparable organizations, shrunk for grantee count, donor-advised and mega-funds excluded) and the universe embeddings. A research starting point; overlap is association, not a guarantee of fit.

Government funding THE ICA GROUP INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $650k on record.

State$650k
19
20
22
23
Top programs
  • (PP) STATE AID/POL SUB$650k

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 THE ICA GROUP INC

Nonprofits whose mission and program text most resemble this one, by semantic similarity over the universe of US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Massachusetts

Nationally

04Profile & governance

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

Where the money goes

84% of spending goes to programs.

Program 84%Management 11%Fundraising 4%

Governance

9
board members
78%
independent
Conflict-of-interest policyWhistleblower policyDocument retentionBoard reviewed the 990Audited financials

Public support

80%

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

Footprint & structure

Files a return copy in 2 states

NY
MA

Part of a family of 1 related entity

  • The Fund for Jobs Worth Owning Inc · exempt

Screen this organization

A dated, signed PDF of the compliance screen for THE ICA GROUP 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.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds THE ICA GROUP INC?
THE ICA GROUP INC (Massachusetts) receives grants from 10 organizations whose IRS filings report $6,130,975 to it, the largest being The Kendeda Fund ($4,610,000). 5 of them have funded it in more than one year.
How many funders does THE ICA GROUP INC have?
IRS filings report 10 organizations giving $6,130,975 in grants to THE ICA GROUP INC, 5 of which have funded it in more than one year.
Who is the largest funder of THE ICA GROUP INC?
The Kendeda Fund is the largest funder on record, with $4,610,000 in grants. The full list of funders is on this page.
How can an organization like THE ICA GROUP INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Massachusetts. 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 FY2025 (financials across 2017–2025), and the filings of 10funders 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 August 27, 2026. What this page cannot tell you · view filing