Martindale-brightwood Community Development Corporation
Only null% goes to programs Strong reserves Growing revenue
Martindale-brightwood Community Development Corporation is a 501(c)(3) organization based in Indianapolis, Indiana, registered in 1993, with $3,086,487 in FY2024 revenue. CharityIndex grades it B.
2435 N Sherman Dr Ste 4, Indianapolis, IN, 46218 EIN 35-1870982 Since 1993
Revenue (FY2024)
$3.1M
▼ 0.2% vs prior year
Housing median: $408K
Expenses (FY2024)
$2.4M
Net assets
$2.9M
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 Martindale-brightwood 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 →
AFinancial health25% of the rating14 mo reserves · +22% 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 Martindale-brightwood Community Development Corporation: 14 mo reserves · +22% 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 Martindale-brightwood 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 →
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 Martindale-brightwood Community Development Corporation: 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
- 2435 N Sherman Dr Ste 4, Indianapolis, IN, 46218
- City
- Indianapolis
- State
- Indiana
- Category
- Housing & Shelter
- Subcategory
- Housing Development & Management
- Website
- …
Financial trends
Revenue grew from $441K (FY2013) to $3.1M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $1.7MNet assets $2.9M
Operating margin
22.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$4.6M
Total liabilities
$1.7M
Net assets
$2.9M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $3,086,487▼0.2% | $2,403,970▲15.6% | $2,852,905▲30.0% | $4,591,526▲6.4% | 990 |
| 2023 | $3,092,292▲34.2% | $2,079,271▲71.9% | $2,194,781▲84.4% | $4,314,732▲157% | 990 |
| 2022 | $2,305,062▲187% | $1,209,691▲52.5% | $1,190,067▲1163% | $1,676,260▲747% | 990 |
| 2021 | $801,800▲31.3% | $793,360▲18.5% | $94,224▲25.1% | $197,994▲78.4% | 990 |
| 2020 | $610,814▼1.5% | $669,288▲24.5% | $75,320▼73.6% | $111,004▼61.3% | 990 |
| 2019 | $619,878▲60.0% | $537,729▲32.2% | $284,767▲55.9% | $286,909▼4.4% | 990 |
| 2018 | $387,339▼3.8% | $406,769▼10.8% | $182,676▼9.6% | $300,176▼12.5% | 990 |
| 2017 | $402,620▼4.6% | $456,070▼5.3% | $202,106▼20.9% | $343,178▼9.0% | 990 |
| 2016 | $422,124▲4.0% | $481,738▲20.3% | $255,556▼20.6% | $377,105▼19.6% | 990 |
| 2015 | $405,944▲16.9% | $400,451▼19.7% | $321,661▲1.7% | $468,976▼12.8% | 990 |
| 2014 | $347,178▼21.2% | $498,419▲16.3% | $316,168▼32.4% | $538,023▼2.7% | 990 |
| 2013 | $440,626 | $428,635▼52.8% | $467,409▲4.8% | $553,004▼21.3% | 990 |
| 2012 | — | $908,139▼32.9% | $446,052▲0.6% | $702,951▼11.4% | 990 |
| 2011 | — | $1,352,701 | $443,349 | $793,291 | 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.
Grants received · $4.4M total
24 grants to Martindale-brightwood Community Development Corporation totaling $4.4M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| National Urban League Inc | Direct grants to small businesses | 2024 | $1,055,000 |
| Local Initiatives Support Corporation | See part iv | 2024 | $254,689 |
| Indianapolis Foundation Inc | Martindale brightwood golf clinic | 2024 | $175,100 |
| United Way of Central Indiana Inc | Program and/or operating support | 2024 | $95,500 |
| Central Indiana Community Foundation Inc | Senior homeowner repair | 2024 | $30,000 |
| Charities Aid Foundation America | Charitable donation | 2024 | $12,525 |
| United Way of Central Indiana Inc | Donor choice | 2024 | $115 |
| National Urban League Inc | Direct grants to small businesses | 2023 | $750,000 |
| Indianapolis Foundation Inc | To be used at the organization's discretion | 2023 | $501,000 |
| United Way of Central Indiana Inc | Program and/or operating support | 2023 | $92,500 |
| Local Initiatives Support Corporation | See part iv | 2023 | $53,750 |
| Charities Aid Foundation America | Charitable donation | 2023 | $9,750 |
| National Urban League Inc | Direct grants to small businesses | 2022 | $800,000 |
| Indianapolis Foundation Inc | Operating - community education and development | 2022 | $288,106 |
| United Way of Central Indiana Inc | Program and/or operating support | 2022 | $94,000 |
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Frequently asked questions
- Is Martindale-brightwood Community Development Corporation a legitimate nonprofit?
- Yes. Martindale-brightwood Community Development Corporation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 35-1870982, based in Indianapolis, Indiana. Donations are tax-deductible.
- What is Martindale-brightwood Community Development Corporation's EIN?
- Martindale-brightwood Community Development Corporation's Employer Identification Number (EIN) is 35-1870982.
- How much revenue does Martindale-brightwood Community Development Corporation report?
- Martindale-brightwood Community Development Corporation reported $3,086,487 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Martindale-brightwood Community Development Corporation have?
- CharityIndex grades Martindale-brightwood Community Development Corporation B, based on financial health (reserves and operating margin).
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Data for Martindale-brightwood Community Development Corporation (EIN 35-1870982) 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.