Nonprofit screen
Screen a listTrue Community Development Corporation
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)
$102krevenue
FY2024 · −45% in 3 yrs2staff
8 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin−37.1%
Months of reserve4.0mo
Revenue growth (annualized)−17.2%
Middle half of peersMedianTrue Community Development
Where the money goes FY2024 · $140k spent
Programs$125k90%Management and general$15k10%990 FY2024 · Part IX line 25
Worth checking2
Its largest funder stopped after FY2022
United Way of Buffalo and Erie County gave about $25k a year for five years, 21% of revenue in FY2022.
Funders’ 990-PF grant listsDeficits in 3 of the last 3 years
−$24k in FY2022, −$25k in FY2023 and −$38k in FY2024. Cash covers 4.0 months, under the peer median of 5.0.
990 Part I and balance sheetIn its favor1
A history of government grants
Government grants on 3 of its 6 returns, 15% of revenue in FY2023.
990 Part VIII3funders
$28ka year, last 3 years
100%from its largest funder
Funder’17’18’19’20’21’22United Way of Buffalo and Erie CountySince FY2018$20k$20k$30k$29k$23kSay Yes to Education IncOn and off$9k
Funded