Mutual & Membership Benefit
(Y032)
990 on File
STATESMAN FOUNDATION INC
Financial strength (30%)
62/100
Reliability (20%)
50/100
Effectiveness (25%)
65/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$324K
Total Revenue
$318K
Total Expenses
$24K
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
98.2%
Fundraising Efficiency
N/A
Operating Reserve
0.92x
Liability-to-Asset
61.5%
Revenue Diversification
54.0%
Compared with Peers
FY 2024
Compared with 115 similar organizations
(United States, Mutual & Membership Benefit, $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
|
98.2% | 87.3% |
P10P90
|
Top quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
1.8% | 9.4% |
P10P90
|
Above median |
|
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
|
0.9 mo | 21.4 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
61.5% | 0.2% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
54.0% | 85.3% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
10.2% | 8.0% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
7.8% | 6.2% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
1.7% | 7.4% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $324K | $318K | $24K | 98.2% | 0 |
| 2023 | $294K | $295K | $19K | 99.1% | 0 |
| 2022 | $258K | $238K | $44K | 99.0% | 0 |
| 2021 | $12K | $26K | N/A | — | 0 |
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