Binford Redvelopment & Growth Inc
Only null% goes to programs Strong reserves Declining revenue
Binford Redvelopment & Growth Inc is a 501(c)(3) organization based in Indianapolis, Indiana, registered in 2006, with $70,237 in FY2024 revenue. CharityIndex grades it B.
5868 E 71st St Ste E-104, Indianapolis, IN, 46220 EIN 20-3917416 Since 2006
Revenue (FY2024)
$70K
▲ 2.2% vs prior year
Community median: $184K
Expenses (FY2024)
$49K
Net assets
$138K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—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 Binford Redvelopment & Growth Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating34 mo reserves · +31% 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 Binford Redvelopment & Growth Inc: 34 mo reserves · +31% margin earns a A 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 Binford Redvelopment & Growth Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 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 Binford Redvelopment & Growth Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 5868 E 71st St Ste E-104, Indianapolis, IN, 46220
- City
- Indianapolis
- State
- Indiana
- Subcategory
- Economic Development
- Website
- …
Financial trends
Revenue grew from $61K (FY2013) to $70K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $7,203Net assets $138K
Operating margin
30.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$145K
Total liabilities
$7,203
Net assets
$138K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $70,237▲2.2% | $48,607▲34.2% | $137,528▲24.0% | $144,731▲14.2% | 990EZ |
| 2023 | $68,721▲34.2% | $36,207▲72.2% | $110,899▲41.5% | $126,749▲25.6% | 990EZ |
| 2022 | $51,203▼54.1% | $21,024▼74.6% | $78,385▲62.6% | $100,892▼0.1% | 990EZ |
| 2021 | $111,604▲1.5% | $82,911▼31.8% | $48,206▲123% | $101,024▲327% | 990EZ |
| 2020 | $109,997▼11.7% | $121,512▲23.9% | $21,603▼40.3% | $23,673▼34.5% | 990EZ |
| 2019 | $124,511▲118% | $98,077▲44.5% | $36,168▲272% | $36,168▲272% | 990EZ |
| 2018 | $57,144▼32.1% | $67,854▼1.5% | $9,734▼52.4% | $9,734▼52.4% | 990EZ |
| 2017 | $84,112▲80.5% | $68,898▲2.6% | $20,444▲291% | $20,444▲291% | 990EZ |
| 2016 | $46,587▲5.7% | $67,136▼11.8% | $5,230▼79.7% | $5,230▼79.7% | 990EZ |
| 2015 | $44,083▼16.9% | $76,084▲43.9% | $25,779▼55.4% | $25,779▼55.4% | 990EZ |
| 2014 | $53,063▼12.8% | $52,891▼17.0% | $57,780▲0.9% | $57,780▲0.9% | 990EZ |
| 2013 | $60,835 | $63,705 | $57,271 | $57,271 | 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 · $30K total
2 grants to Binford Redvelopment & Growth Inc totaling $30K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Indianapolis Foundation Inc | Feasibility study for north shadeland community ce | 2021 | $22,500 |
| Paypal Charitable Giving Fund | General support | 2020 | $7,229 |
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Frequently asked questions
- Is Binford Redvelopment & Growth Inc a legitimate nonprofit?
- Yes. Binford Redvelopment & Growth Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 20-3917416, based in Indianapolis, Indiana. Donations are tax-deductible.
- What is Binford Redvelopment & Growth Inc's EIN?
- Binford Redvelopment & Growth Inc's Employer Identification Number (EIN) is 20-3917416.
- How much revenue does Binford Redvelopment & Growth Inc report?
- Binford Redvelopment & Growth Inc reported $70,237 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Binford Redvelopment & Growth Inc have?
- CharityIndex grades Binford Redvelopment & Growth Inc B, based on financial health (reserves and operating margin).
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Data for Binford Redvelopment & Growth Inc (EIN 20-3917416) 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.