Nonprofit screen
Screen a listWestminster Economic Development Initiative Inc
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 listing
- Listed
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(1)
$2.2Mrevenue
FY2024 · −55% in 3 yrs53staff
8 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin−0.5%
Months of reserve4.4mo
Revenue growth (annualized)+10.3%
Middle half of peersMedianWestminster Economic Development Initiative
Where the money goes FY2024 · $2.2M spent
Programs$1.6M72%Management and general$425k19%Fundraising$180k8%990 FY2024 · Part IX line 25
Worth checking1
A funder worth 31% of revenue stopped after FY2021
First Niagara Foundation gave $1.5M in FY2021, 31% of revenue that year.
Funders’ 990-PF grant listsIn its favor3
Strong governance
14 of 14 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VIGrowing faster than peers
Revenue up 10% a year since FY2017, faster than half of similar nonprofits.
990 Part I · peer cohortA history of government grants
Government grants on 8 of its 8 returns, 69% of revenue in FY2024. $4.9M is traced federal awards from Department of Health and Human Services.
990 Part VIII · USAspending36funders
$2.1Ma year, last 3 years
24%from its largest funder
Funder’17’18’19’20’21’22’23First Niagara FoundationOn and off$1.5MThe Ralph C Wilson Jr FoundationOn and off$200k$100k$1.0MJpmorgan Chase FoundationOn and off$99k$80k$61k$100k$100k$150kThe John R Oishei FoundationSince FY2022$250k$250kUnited Way of Buffalo and Erie CountyEvery year since FY2017$55k$90k$40k$77k$75k$55k$22kJumpstart IncStopped after FY2021$50k$25k$125k$180k–Donor-advised giftsDonors not disclosed$13k$17k$137k$210k$583k$821k$339k20 other fundersUp to $300k a year each$20k$14k$124k$29k$424k$238k
FundedThrough a donor-advised fundStopped