Bates Community Development Corporation
Only null% goes to programs Strong reserves Growing revenue
Bates Community Development Corporation is a 501(c)(3) organization based in Louisville, Kentucky, registered in 1996, with $300,410 in FY2024 revenue. CharityIndex grades it D.
1228 S Jackson St, Louisville, KY, 40203 EIN 61-1303937 Since 1996
Revenue (FY2024)
$300K
▲ 13.4% vs prior year
Community median: $184K
Expenses (FY2024)
$409K
Net assets
$303K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Bates Community Development Corporation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DFinancial health25% of the rating9 mo reserves · -36% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Bates Community Development Corporation: 9 mo reserves · -36% margin earns a D on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Bates Community Development Corporation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Bates Community Development Corporation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 1228 S Jackson St, Louisville, KY, 40203
- City
- Louisville
- State
- Kentucky
- Subcategory
- Economic Development
Financial trends
Revenue grew from $140K (FY2015) to $300K (FY2024) across 10 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $303K
Operating margin
-36.2%
Spent more than it raised in the latest fiscal year.
Total assets
$303K
Total liabilities
$0
Net assets
$303K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $300,410▲13.4% | $409,307▲99.4% | $303,388▼26.4% | $303,388▼26.4% | 990 |
| 2023 | $265,016▼7.6% | $205,271▲61.4% | $412,285▲16.9% | $412,285▲16.9% | 990 |
| 2022 | $286,712▲38.4% | $127,144▼20.7% | $352,540▲82.7% | $352,540▲82.7% | 990 |
| 2021 | $207,123▼30.7% | $160,290▲1.7% | $192,972▲40.3% | $192,972▲33.5% | 990 |
| 2020 | $298,850▲117% | $157,539▲18.8% | $137,561▲1464% | $144,554▲1002% | 990 |
| 2019 | $137,833▼25.8% | $132,555▼33.3% | $8,797▲150% | $13,122▲23.0% | 990EZ |
| 2018 | $185,813▲7.7% | $198,849▲16.0% | $3,519▼78.7% | $10,669▼35.6% | 990EZ |
| 2017 | $172,530▲8.8% | $171,435▲2.5% | $16,555▲7.1% | $16,555▼19.1% | 990EZ |
| 2016 | $158,578▲12.9% | $167,330▲18.2% | $15,460▼36.1% | $20,460▼15.5% | 990EZ |
| 2015 | $140,425 | $141,560 | $24,212 | $24,212 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $1.5M total
7 grants to Bates Community Development Corporation totaling $1.5M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| The Community Foundation of Louisville Inc | S31 urban community | 2023 | $10,700 |
| Norton Healthcare Inc | Support to help strengthen and expand bates' healthy hearts and lifestyles program to address the unique health care needs that exist within louisville's smoketown and shelby park neighborhoods. | 2022 | $1,400,000 |
| The Community Foundation of Louisville Inc | S31 urban community | 2022 | $75,850 |
| The Community Foundation of Louisville Inc | S31 urban community | 2021 | $10,200 |
| The Community Foundation of Louisville Inc | S31 urban community | 2020 | $6,584 |
| The Community Foundation of Louisville Inc | Community improvement & capacity building | 2018 | $6,020 |
| The Community Foundation of Louisville Inc | Community improvement & capacity building | 2016 | $5,593 |
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Frequently asked questions
- Is Bates Community Development Corporation a legitimate nonprofit?
- Yes. Bates Community Development Corporation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 61-1303937, based in Louisville, Kentucky. Donations are tax-deductible.
- What is Bates Community Development Corporation's EIN?
- Bates Community Development Corporation's Employer Identification Number (EIN) is 61-1303937.
- How much revenue does Bates Community Development Corporation report?
- Bates Community Development Corporation reported $300,410 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Bates Community Development Corporation have?
- CharityIndex grades Bates Community Development Corporation D, based on financial health (reserves and operating margin).
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Data for Bates Community Development Corporation (EIN 61-1303937) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.