Community Improvement
(S30)
990 on File
NEW OPPORTUNITIES ECONOMIC DEVELOPMENT CORPORATION
Financial strength (30%)
34/100
Reliability (20%)
50/100
Effectiveness (25%)
61/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$0
Total Revenue
$39K
Total Expenses
$-162,238
Net Assets
0
Employees
Expense Breakdown
Program Expense Ratio
100.0%
Fundraising Efficiency
N/A
Operating Reserve
-50.47x
Liability-to-Asset
116.3%
Revenue Diversification
N/A
Compared with Peers
FY 2024
Compared with 4,006 similar organizations
(United States, Community Improvement, under $100K 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
|
100.0% | 81.7% |
P10P90
|
Top quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
0.0% | 10.6% |
P10P90
|
Top quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
-50.5 mo | 23.9 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
116.3% | 0.0% |
P10P90
|
Bottom quarter |
|
Expense growth
Year over year expense growth
|
16.4% | -1.6% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $0 | $39K | $-162,238 | 100.0% | 0 |
| 2023 | $0 | $33K | $-123,662 | 100.0% | 0 |
| 2022 | $500 | $32K | $-90,536 | 100.0% | 0 |
| 2021 | $0 | $31K | $-59,065 | 100.0% | 0 |
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