Eagle Market Streets Development is a 501(c)(3) organization based in Asheville, North Carolina, registered in 1995, with $2,631,210 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$2.6M
▼ 15.2% vs prior year
Arts & Culture median: $159K
Expenses (FY2024)
$2.6M
Net assets
$2.2M
Employees
—
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 →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 Eagle Market Streets Development— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Eagle Market Streets Development: 10 mo reserves · +1% margin earns a A on this criterion. See the exact thresholds →
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 Eagle Market Streets Development— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Eagle Market Streets Development: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $203K (FY2013) to $2.6M (FY2024) across 11 reported years.
Financial snapshot
Operating margin
1.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$4.5M
Total liabilities
$2.3M
Net assets
$2.2M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $2,631,210▼15.2% | $2,598,277▲2.1% | $2,195,180▼16.6% | $4,507,257▼7.3% | 990 |
| 2022 | $3,101,437▼2.8% | $2,545,293▲61.4% | $2,630,813▲6.5% | $4,860,691▲2.5% | 990 |
| 2021 | $3,190,331▲149% | $1,577,204▲174% | $2,469,149▲140% | $4,740,112▲261% | 990 |
| 2020 | $1,282,067▲252% | $576,217▲119% | $1,029,766▲218% | $1,314,059▲130% | 990 |
| 2019 | $364,359▼0.5% | $263,012▼0.7% | $323,916▲61.9% | $572,554▲26.4% | 990 |
| 2018 | $366,111▲128% | $264,890▲63.2% | $200,120▲88.8% | $452,880▲24.7% | 990 |
| 2017 | $160,434▼2.3% | $162,280▼6.3% | $105,974▼1.7% | $363,034▼0.2% | 990EZ |
| 2016 | $164,264▲47.1% | $173,106▲7.6% | $107,820▼7.6% | $363,841▲0.8% | 990EZ |
| 2015 | $111,639▼10.9% | $160,940▼5.6% | $116,662▼29.7% | $360,868▼5.0% | 990 |
| 2014 | $125,270▼38.4% | $170,459▼5.8% | $165,963▼43.3% | $379,711▼10.2% | 990 |
| 2013 | $203,437 | $180,983▲43.4% | $292,609▲8.3% | $422,689▲5.1% | 990 |
| 2012 | — | $126,203 | $270,155 | $402,081 | 990 |
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.
23 grants to Eagle Market Streets Development totaling $1.4M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| The Community Foundation of Western North Carolina Inc | Building community & economic vitality | 2024 | $101,000 |
| T Rowe Price Program For Charitable Giving Inc | Multiple | 2024 | $50,000 |
| Amalgamated Charitable Foundation Inc | General operating support and project support | 2024 | $35,000 |
| Paypal Charitable Giving Fund | General support | 2024 | $8,875 |
| Tides Foundation | Equity, human rights, and economic empowerment | 2024 | $6,000 |
| Winston-salem Foundation | 1 grant(s) for varying purposes | 2023 | $200,000 |
| Borealis Philanthropy | To support the work of racial justice coalition | 2023 | $200,000 |
| Policylink | Crosscutting strategies | 2023 | $102,500 |
| New Profit Inc | Program expansion | 2023 | $100,000 |
| The Community Foundation of Western North Carolina Inc | Building community & economic vitality | 2023 | $76,000 |
| T Rowe Price Program For Charitable Giving Inc | Multiple | 2023 | $50,200 |
| The Community Foundation of Western North Carolina Inc | Building community & economic vitality | 2022 | $128,500 |
| T Rowe Price Program For Charitable Giving Inc | Special project | 2022 | $50,000 |
| Donor Advised Charitable Giving | Arts, culture & humanities | 2022 | $7,600 |
| New Venture Fund | Capacity building | 2021 | $100,000 |
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Data for Eagle Market Streets Development (EIN 58-2140995) 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.