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Indiana · Nonprofit

West Indianapolis Development Corp

West Indianapolis Development Corp (Indiana) receives grants from 5 organizations whose IRS filings report $201,109 to it, the largest being Indianapolis Neighborhood Housing Partnership Inc ($82,305). 4 of them have funded it in more than one year.

Revenue FY2024
$930k
Funders on record
5
Grants received
$201k
Net assets
$3.4M
4/5 repeat funderspeak grant-dependency 6%
01What it does

What West Indianapolis Development Corp does

Mission

To identify community resources, promote community assets and implement programs and activities that increase housing opportunities and improve the quality of life in West Indianapolis.

As stated on its FY2024 Form 990.

Programs

On its FY2024 return the organization reported starting a significant new program and a significant change in how it conducts a program.

WIDC will own and rent commercial buildings to local businesses to help improve the quality of life in West Indianapolis.

Its own explanation, from Schedule O of that return (Part III, line 2).

The West Indianapolis Home Repair Program ceased operations.

Its own explanation, from Schedule O of that return (Part III, line 3).

  1. Property Management. WIDC owns and maintains 34 units of affordable rental housing, renting to individuals/families at or below 80% of the area median income as determined by HUD. WIDC manages and maintains 39 units of affordable senior (55+) housing, renting to individuals at or below 60% of the area median income, as determined by HUD. In 2024 WIDC began rehab on 1 additional unit of affordable rental housing that will be placed in service in 2025.

    $250,108 spent$392,154 earned by the program
    36% of program spending
  2. Retail. In 2024 WIDC began construction on 2 new units of for-sale affordable housing that sold or will sell to individuals or families at or below 80% of the area median income as determined by HUD.

    $17,305 spent
    3% of program spending
  3. Economic Development. To meet the needs of the community and provide economic and service retail opportunities to the neighborhood, WIDC owns and maintains 5 units of commercial real estate. One of those units is the organization's offices. For 2024 1 unit housed the field office for the construction company that rebuilt Morris Street. One is the neighborhood laundry, and the other two were vacant.

    $52,483 spent
    8% of program spending
  4. Neighborhood Development - WIDC's effort to create healthy neighborhoods that address not only housing issues, but also education, safety, health and many other issues. This program helps neighborhood residents, businesses, and community organizations get organized and involved in the neighborhood, decide on neighborhood priorities, and act on plans to drive meaningful change. Home Development - WIDC works with the Indianapolis Neighborhood Partnership and Habitat for Humanity to assist qualifying persons to obtain a mortgage loan to buy a home.

    $370,549 spent
    54% of program spending

The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $690,445.

02The 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. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($204k) Expenses 100 ($435k) Net assets 100 ($2.1M)2018 Revenue 349 ($714k) Expenses 182 ($793k) Net assets 209 ($4.3M)2019 Revenue 324 ($662k) Expenses 215 ($934k) Net assets 199 ($4.1M)2020 Revenue 418 ($855k) Expenses 212 ($923k) Net assets 196 ($4.1M)2021 Revenue 400 ($818k) Expenses 232 ($1.0M) Net assets 187 ($3.9M)2022 Revenue 593 ($1.2M) Expenses 216 ($939k) Net assets 187 ($3.9M)2023 Revenue 201 ($410k) Expenses 249 ($1.1M) Net assets 154 ($3.2M)2024 Revenue 455 ($930k) Expenses 177 ($770k) Net assets 162 ($3.4M)
'17'18'19'20'21'22'23'24
Revenue (455)Expenses (177)Net assets (162)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 2017 to 2018, from $2.1M to $4.4M (+109%).

$2.1M
$4.4M
$4.2M
$4.1M
$4.0M
$4.5M
$3.3M
$3.7M
'17'18'19'20'21'22'23'24
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.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 42% · 2018 12% · 2019 2% · 2020 5% · 2022 35% · 2023 67% · 2024 33%. Grants only. Government contracts and fees sit inside program revenue.

42% of West Indianapolis Development Corp’s revenue is contributions — about as donation-reliant as the typical peer (62% for the typical peer).

This organization
Typical peer · 12,439 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 6 of the last 8 reported years ran a deficit.

−$230k
’17
−$79k
’18
−$272k
’19
−$67k
’20
−$191k
’21
$273k
’22
−$673k
’23
$160k
’24
19
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.

Chief executive

Lisa Laflin

Executive Director

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed1414121315141314
Joined·+7+3+4+3+1+5+7
No longer listed·7531266
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 1 funder to 3 funders, grant income rose $10k → $25k.

3 of 5 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 39% 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 Indianapolis Development Corp’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

West Indianapolis Development Corp leans on a few funders — its largest provides 41% of grant income and the top three 91%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

100% 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 Indianapolis Development Corp.

41%
largest funder
91%
top three
~3
effective funders

Largest funder’s share by year: 2017 100% · 2018 56% · 2020 100% · 2021 100% · 2022 100% · 2023 60% — diversifying over time.

“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.

Where its funders are

67% of West Indianapolis Development Corp's grant income comes from Indiana funders.

NY
IN

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

’18
’20
’21
’22
’23
Indiana out of state home

Funder states come from each funder’s own filing. $78k 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.

04Its place in the field

Against its field

West Indianapolis Development Corp holds deeper cash reserves than three-quarters of the 11,971 community improvement nonprofits its size.

Operating margin17% · above the median
Months of reserve19.4mo · top quartile
Revenue growth (annualized)24% · top quartile

this organization peer median middle 50% of peers· 11,971 community improvement nonprofits $100k–$1M, FY2024

Organizations like West Indianapolis 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 Indiana

Nationally

05Profile & governance

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

Where the money goes

90% of spending goes to programs.

Program 90%Management 10%Fundraising 0%

Governance

13
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

95%

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

Screen this organization

A dated, signed PDF of the compliance screen for West Indianapolis 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.

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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 West Indianapolis Development Corp?
West Indianapolis Development Corp (Indiana) receives grants from 5 organizations whose IRS filings report $201,109 to it, the largest being Indianapolis Neighborhood Housing Partnership Inc ($82,305). 4 of them have funded it in more than one year.
How many funders does West Indianapolis Development Corp have?
IRS filings report 5 organizations giving $201,109 in grants to West Indianapolis Development Corp, 4 of which have funded it in more than one year.
Who is the largest funder of West Indianapolis Development Corp?
Indianapolis Neighborhood Housing Partnership Inc is the largest funder on record, with $82,305 in grants. The full list of funders is on this page.
How can an organization like West Indianapolis Development Corp find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Indiana. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds West Indianapolis Development →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 5 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