Community Improvement
(S30)
990 on File
CUMBERLAND AREA ECONOMIC DEVELOPMENT CORPORATION
Financial strength (30%)
60/100
Reliability (20%)
55/100
Effectiveness (25%)
81/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2023
$3.1M
Total Revenue
$2.8M
Total Expenses
$7.5M
Net Assets
18
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
93.3%
Fundraising Efficiency
108.7%
Operating Reserve
32.19x
Liability-to-Asset
19.8%
Revenue Diversification
90.5%
Executive Compensation
$299K
Compared with Peers
FY 2023
Compared with 2,193 similar organizations
(United States, Community Improvement, $1M–$10M in expenses), FY 2023.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
93.3% | 85.1% |
P10P90
|
Top quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
5.7% | 11.8% |
P10P90
|
Top quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
1.1% | 0.2% |
P10P90
|
Below median |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
108.7% | 138.4% |
P10P90
|
Above median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
32.2 mo | 10.6 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
19.8% | 21.0% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
90.5% | 91.2% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
-21.3% | 7.5% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
29.1% | 13.0% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
11.4% | 1.8% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $3.1M | $2.8M | $7.5M | 93.3% | 18 |
| 2022 | $4.0M | $2.2M | $7.1M | 94.3% | 17 |
| 2021 | $6.1M | $4.8M | N/A | — | 15 |
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