Community Improvement
(S41)
IRS Verified
DX Registered
990 on File
NEAR SOUTH PLANNING BOARD
Financial strength (30%)
62/100
Reliability (20%)
40/100
Effectiveness (25%)
58/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
Near South Planning Board (NSPB) is a 501(c) 3 not-for-profit organization serving the businesses, property owners, and institutions on the Near South Side. The organization has been in existence since 1946 and has been instrumental in the revitalization of the Near South Side. With the businesses forming one cohesive voice, we are able to accomplish tremendous change.
Financial Overview — FY 2025
$571K
Total Revenue
$664K
Total Expenses
$196K
Net Assets
4
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
57.4%
Fundraising Efficiency
N/A
Operating Reserve
3.55x
Liability-to-Asset
3.6%
Revenue Diversification
87.2%
Executive Compensation
$0
Compared with Peers
FY 2025
Compared with 2,137 similar organizations
(United States, Community Improvement, $100K–$1M in expenses), FY 2025.
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
|
57.4% | 84.4% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
42.6% | 12.7% |
P10P90
|
Bottom 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
|
3.6 mo | 11.1 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
3.6% | 2.2% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
87.2% | 91.6% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
-25.6% | 4.2% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-26.9% | 8.4% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-16.2% | 2.7% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $571K | $664K | $196K | 57.4% | 4 |
| 2024 | $768K | $908K | $289K | 56.4% | 3 |
| 2023 | $616K | $741K | $276K | 69.4% | 4 |
| 2022 | $721K | $569K | N/A | — | 4 |
| 2021 | $405K | $252K | N/A | — | 4 |
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