Colorado · Nonprofit
WEST COMMUNITY ECONOMIC DEVELOPMENT CORP
WEST COMMUNITY ECONOMIC DEVELOPMENT CORP (Colorado) receives grants from 26 organizations whose IRS filings report $1,844,182 to it, the largest being CARING FOR DENVER FOUNDATION ($331,810). 11 of them have funded it in more than one year.
- Revenue FY2024
- $1.5M
- Funders on record
- 26
- Grants received
- $1.8M
- Net assets
- $790k
What West Community Economic Development Corp does
Mission
Small business support, neighborhood revitalization, economic development.
As stated on its FY2024 Form 990.
Program
Small business support, neighborhood revitalization, economic development.bucu west supports over 300 local businesses annually by creating pathways to ownership for bipoc, women, and immigrant entrepreneurs. Through real estate acquisition, bucu west mitigates displacement risks and provides affordable commercial spaces, allowing small businesses to thrive and build equity. The organization's kitchen facilities enable culinary entrepreneurs to start with minimal investment, while business consultants offer guidance on licensing and compliance. This holistic approach strengthens denver's economic fabric, fostering generational wealth and stability in neighborhoods and promoting long-term growth and resilience for underserved communities.
$827,820 spentof which $16,518 as grants$132,515 earned by the program100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $827,820.
The organization over time
Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 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.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $2.4M to $3.3M (+40%).
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.
Government-grant reliance: 2020 12% · 2021 27% · 2022 59% · 2023 84% · 2024 74%. Grants only. Government contracts and fees sit inside program revenue.
139% of WEST COMMUNITY ECONOMIC DEVELOPMENT CORP’s revenue is contributions — more reliant on donations than three-quarters of its peers (61% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 5 reported years ran a deficit.
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.
Chief executive
Jose Esparza
Executive director
As listed on its FY2024 Form 990.
Who funds it, year by year
2018 → 2023: the base held at 2 funders, grant income rose $34k → $50k.
5 of 26 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 21% 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 WEST COMMUNITY ECONOMIC DEVELOPMENT CORP’s funders (the co-funder graph). Top 25 of 26 funders by total. 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
WEST COMMUNITY ECONOMIC DEVELOPMENT CORP has a broad base — no single funder exceeds 18% of grant income, and it takes 4 funders to reach half.
the vertical line marks half of all grant income — 4 funders to its left
81% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund WEST COMMUNITY ECONOMIC DEVELOPMENT CORP.
Largest funder’s share by year: 2018 78% · 2019 86% · 2020 35% · 2021 28% · 2022 46% · 2023 100% — growing more concentrated.
“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
18% of WEST COMMUNITY ECONOMIC DEVELOPMENT CORP's funders are still giving 3 years after their first grant; 42% give in more than one year at all.
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 FY2023, 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
65% of WEST COMMUNITY ECONOMIC DEVELOPMENT CORP's grant income comes from Colorado funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $394k arriving through sponsors registered in 2 states is 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.
Against its field
WEST COMMUNITY ECONOMIC DEVELOPMENT CORP runs a healthier operating margin than half of the 4,203 community improvement nonprofits its size.
this organization peer median middle 50% of peers· 4,203 community improvement nonprofits $1M–$10M, FY2024
Government funding WEST COMMUNITY ECONOMIC DEVELOPMENT CORP receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $2.1M on record.
- Department of Commerce$1.8M
- Small Business Administration$261k
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 WEST COMMUNITY ECONOMIC DEVELOPMENT CORP
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 Colorado
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
64% of spending goes to programs.
Governance
Public support
67%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Part of a family of 2 related entities
- Bubu West Kitchen · disregarded
- 4040 Morrison Rd LLC · disregarded
Screen this organization
A dated, signed PDF of the compliance screen for WEST COMMUNITY ECONOMIC DEVELOPMENT CORP: 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.
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 WEST COMMUNITY ECONOMIC DEVELOPMENT CORP?
- WEST COMMUNITY ECONOMIC DEVELOPMENT CORP (Colorado) receives grants from 26 organizations whose IRS filings report $1,844,182 to it, the largest being CARING FOR DENVER FOUNDATION ($331,810). 11 of them have funded it in more than one year.
- How many funders does WEST COMMUNITY ECONOMIC DEVELOPMENT CORP have?
- IRS filings report 26 organizations giving $1,844,182 in grants to WEST COMMUNITY ECONOMIC DEVELOPMENT CORP, 11 of which have funded it in more than one year.
- Who is the largest funder of WEST COMMUNITY ECONOMIC DEVELOPMENT CORP?
- CARING FOR DENVER FOUNDATION is the largest funder on record, with $331,810 in grants. The full list of funders is on this page.
- How can an organization like WEST COMMUNITY ECONOMIC DEVELOPMENT CORP find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Colorado. 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 2020–2024), and the filings of 26 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