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Kentucky · Nonprofit

THE MET DEVELOPMENT INC

THE MET DEVELOPMENT INC (Kentucky) receives grants from 1 organization whose IRS filings report $0 to it, the largest being COMMUNITY VENTURES CORPORATION ($0). 1 of them have funded it in more than one year.

Revenue FY2024
$1.4M
Funders on record
1
Grants received
$0
Net assets
$6.0M
1/1 repeat funderspeak grant-dependency 0%
01What it does

What The Met Development Inc does

Mission

To engage in economic development by revitalizing a severely economically distressed community.

As stated on its FY2024 Form 990.

Program

  1. Development and leasing of infrastructure to provide affordable housing, healthy food, and affordable healthcare to a severely economically distressed community in lexington, ky.

    $1,321,292 spentof which $139,387 as grants$1,394,642 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $1,321,292.

02The organization over time

The organization over time

Each line starts at 100 in 2019, so what you read is the shape rather than the size: 150 means half as much again as 2019, 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.

100 = 20192019 Revenue 100 ($5.0M) Expenses 100 ($33k) Net assets 100 ($4.9M)2020 Revenue 1 ($27k) Expenses 1234 ($411k) Net assets 92 ($4.5M)2021 Revenue 33 ($1.7M) Expenses 3784 ($1.3M) Net assets 118 ($5.8M)2022 Revenue 28 ($1.4M) Expenses 3885 ($1.3M) Net assets 120 ($5.9M)2023 Revenue 28 ($1.4M) Expenses 3958 ($1.3M) Net assets 122 ($6.0M)2024 Revenue 28 ($1.4M) Expenses 4035 ($1.3M) Net assets 123 ($6.0M)
201920202021202220232024
Revenue (28)Expenses (4035)Net assets (123)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2019 to 2020, from $17M to $25M (+46%).

$17M
$25M
$26M
$26M
$26M
$26M
201920202021202220232024
Total assetsTotal liabilities

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.

2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

0% of THE MET DEVELOPMENT INC’s revenue is contributions — more earned-revenue than three-quarters of its peers (61% for the typical peer).

This organization
Typical peer · 4,434 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 6 reported years ran a deficit.

$4.9M
’19
−$384k
’20
$397k
’21
$102k
’22
$77k
’23
$52k
’24
1.2
months of
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.

201920202021202220232024
Listed333333
Joined·+0+0+0+0+0
No longer listed·00000
03Who funds it
04Its place in the field

Against its field

THE MET DEVELOPMENT INC's revenue fell 72% between 2019 and 2024.

Operating margin4% · below the median
Months of reserve1.2mo · bottom quartile
Revenue growth (annualized)−22% · bottom quartile

this organization peer median middle 50% of peers· 4,203 community improvement nonprofits $1M–$10M, FY2024

Government funding THE MET DEVELOPMENT INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $567 on record.

State$567
Top programs
  • REFUNDS - GENERAL $567

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 MET 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 Kentucky

Nationally

05Profile & governance

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

Where the money goes

98% of spending goes to programs.

Program 98%Management 2%Fundraising 0%

Governance

3
board members
100%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention–Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 1 state

KY

Part of a family of 1 related entity

  • Community Ventures Corporation · exempt

Screen this organization

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

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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 THE MET DEVELOPMENT INC?
THE MET DEVELOPMENT INC (Kentucky) receives grants from 1 organization whose IRS filings report $0 to it, the largest being COMMUNITY VENTURES CORPORATION ($0). 1 of them have funded it in more than one year.
How many funders does THE MET DEVELOPMENT INC have?
IRS filings report 1 organization giving $0 in grants to THE MET DEVELOPMENT INC, 1 of which have funded it in more than one year.
Who is the largest funder of THE MET DEVELOPMENT INC?
COMMUNITY VENTURES CORPORATION is the largest funder on record, with $0 in grants. The full list of funders is on this page.
How can an organization like THE MET DEVELOPMENT INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Kentucky. 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 2019–2024), and the filings of 1 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