Public Benefit Corporation

501(c)(3) charity; gifts are tax-deductible.
Run by 3 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · People: Part I, lines 5–6

Before you give

FY2024 · Form 990-EZIndependent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990-EZ
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 4
filings with a surplus
Average deficit $154K a year · 254% of revenue · last 4 filings
Fine: a surplus in 3 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Named funders
2
named funders · $200K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
total owed
No data yet: the filing does not give total assets.
Pt X · Ln 26
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$11K
-8% vs prior year
Net assets
$85K
By yearFY2020–FY2024
Revenue
$11K
FY2024▼ -8%
Tap a bar for its year
Revenue by fiscal year
FY2020$206K
FY2021$12K
FY2022$12K
FY2023$12K
FY2024$11K
Expenses
—
FY2024
Tap a bar for its year
Expenses by fiscal year
FY2020$849K
FY2021$6K
FY2022$748
FY2023$799
FY2024Not on file
Net assets
$85K
FY2024▲ +14%
Tap a bar for its year
Net assets by fiscal year
FY2020$46K
FY2021$52K
FY2022$63K
FY2023$74K
FY2024$85K

From the FY2024 Form 990 · see the original

990 PDF Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Feb 2009.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

4 people listed on the 990-EZ.

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Westfield Economic Development Foundation INC executive salaries →

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Programs and updates

Westfield Economic Development Foundation INC is a community improvement nonprofit based in Westfield, IN.

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Provided by the organization

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1 program · $773 · in their own filed words · FY2023
01

Built civic THEATER/PLAYHOUSE with construction completed on 7/21/20 and final draw being paid in 2021. The westfield playhouse starting in august of 2020 is obligated to and is paying wedf 1000 a month. This money will be used for public benefit in the city of westfield.

$773program expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2020
Total grants receivedfrom 2 funders$200K

By the numbers

The FY2024 990-EZ, line by line.

1The main four
Money in
$11K
Other income$11K
Owns and owes
$85K
net assets
Liabilities$0
People
4
listed
Paid0
2In more detail
Revenue in detail
Other income$11K
Total revenue$11K
Assets in detailEnd of year
Liabilities$0
Net assets$85K
Operations
Employees0
Volunteers3
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $11K$85K 990 PDF
FY2023 $12K$799$11K$74K 990 PDF
FY2022 $12K$748$11K$63K 990 PDF
FY2021 $12K$6K$6K$52K 990 PDF
FY2020 $206K$849K−$643K$46K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons A · Public support

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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