Youth Development
(O50)
990 on File
READING LEGACIES
Financial strength (30%)
90/100
Reliability (20%)
50/100
Effectiveness (25%)
81/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$484K
Total Revenue
$411K
Total Expenses
$294K
Net Assets
13
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
88.1%
Fundraising Efficiency
N/A
Operating Reserve
8.58x
Liability-to-Asset
6.6%
Revenue Diversification
99.4%
Executive Compensation
$74K
Compared with Peers
FY 2024
Compared with 3,997 similar organizations
(United States, Youth Development, $100K–$1M in expenses), FY 2024.
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
|
88.1% | 86.8% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
8.6% | 9.8% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
3.3% | 0.0% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
8.6 mo | 6.7 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
6.6% | 0.8% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
99.4% | 94.4% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
16.8% | 9.6% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-3.9% | 10.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
15.0% | 2.5% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $484K | $411K | $294K | 88.1% | 13 |
| 2023 | $414K | $428K | $221K | 86.6% | 9 |
| 2022 | $416K | $374K | $234K | 88.6% | 13 |
| 2021 | $410K | $317K | N/A | — | 8 |
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