Dtc Community Development INC EIN 47-2519293

Dtc Community Development INC

EIN  47-2519293 Public charity (501(c)(3)) Kansas City, MO
Form 990 (PDF) Compare with another nonprofit →
Verified accurate 8/31/26 · see original filing: IRS
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Size
$1–10M
What they do
Revitalizes downtown Kansas City and combats community decline.
Leadership
William Dietrich · President
Money in and out
$2.7M revenue, $433K expenses
Bottom line
70% program efficiency

Revitalizes downtown Kansas City and combats community decline. For fiscal year 2024 it reported $2.7M in revenue, $433K in expenses, and $2.6M in net assets.Pt I

Where the money goes · FY2024
Total revenue
$2.7M
Pt VIII · Ln 12
Total expenses
$433K
Pt IX · Ln 25
Net assets
$2.6M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $2.3M
Where spending went · Part IX cols B–D
Program services $0.70 Management & general $0.03 Fundraising $0.26
Program efficiency
70%
of spending reaches programs▼ -25% vs prior filing year
Operating runway
71.3mo
months of highly liquid reserves at operating expense rate▲ ×59 vs prior filing year
Surplus margin
+84%
revenue over expenses, this year▲ ×11 vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$2.7M
FY2024▼ -16%
Expenses
$433K
FY2024▼ -85%
Total assets
$2.6M
FY2024▲ +746%
Total liabilities
$0
FY2024
Total revenue
$2.7M
Pt VIII · Ln 12
Total expenses
$433K
Pt IX · Ln 25
Net assets
$2.6M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$2.3M
Total assetsPt X · Ln 16$2.6M
Program-expense ratioPt IX · col B70%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 45
Mission & Programs · Part III

Where the work happens

1 program service account for $305K of program spending, described in the organization's own filed words · FY2023.
01

DTC community development is a 501(c)(3) nonprofit organization established by the downtown council to undertake community development projects such as the south loop project. The organization is in the middle of a philanthropic campaign to raise funds for the south loop project which will bridge the divide over I-670 and create a…

$305Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CDtc Community Development INC
EINHdr · item D47-2519293
Principal addressHdr · item CKansas City, MO
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMO
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFCommunity Development (S30)
Ruling yearIRS BMFMar 2015

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b5
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
$0Pt VII · Sec A
Treasurer & Secretary
$0Pt VII · Sec A
Campaign Chair
$0Pt VII · Sec A
Campaign Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Top Financial Officer
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants100%$2.7M
Total revenueLn 12$2.7M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.70 Management & general $0.03 Fundraising $0.26
Program services70%$305K
Management & general3%$14K
Fundraising26%$114K
Total functional expensesLn 25$433K

Balance Sheet

Part X · end of year
CashLn 1$2.6M
Total assetsLn 16$2.6M
Total liabilitiesLn 26$0
Total net assetsLn 32$2.6M
Months of cash on handcomputed71.3

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $2.6M · Operating expenses/yr $433K
71.3 months
Where the money goes
Program services
Program services $305K · Total expenses $433K
70%
Management & General
Management & general $14K · Total expenses $433K
3%
Fundraising
Fundraising $114K · Total expenses $433K
26%
Cost to raise $1
Fundraising expense (2-yr avg) $116K · Solicited contributions (2-yr avg) $3.0M
$0.04 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $2.7M · Total revenue $2.7M
100%
Government reliance
Government grants — · Total revenue $2.7M
Earned-income share
Program service revenue $0 · Total revenue $2.7M
0%
Investment reliance
Investment income $0 · Total revenue $2.7M
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $433K
0%
Growth & trend
Revenue growth (YoY)
This year $2.7M · Prior year $3.2M
-16%
Net-asset trend (YoY)
End of year $2.6M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $2.7M · Expenses $433K
+84%
Liabilities-to-Assets
Total liabilities — · Total assets $2.6M
Net-asset ratio
Net assets $2.6M · Total assets $2.6M
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $2.6M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual William Dietrich · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $433K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $433K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 70%
Overhead ratio 3%
Fundraising cost ratio 4%
Revenue growth -16%
Accounting fee ratio 0%
Fundraising fee ratio 25%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 6 funders →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$2.7M revenue · viewing · ⤓ 990 PDF
FY2023$3.2M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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