Employment
(J300)
IRS Verified
DX Registered
990 on File
CARVER-HENNEPIN OPTIONS FOR INNOVATIVE COMMUNITY EMPLOYMENT
Financial strength (30%)
89/100
Reliability (20%)
55/100
Effectiveness (25%)
88/100
Impact (25%)
No data yet
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CharityAI™ Score
Not yet evaluated
Mission Statement
The MISSION of CHOICE, Inc. is to provide adults with intellectual disabilities the opportunities and support they desire to reach their full potential in employment and personal pursuits.
Financial Overview — FY 2024
$4.8M
Total Revenue
$4.6M
Total Expenses
$4.3M
Net Assets
125
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
85.8%
Fundraising Efficiency
0.0%
Operating Reserve
11.42x
Liability-to-Asset
22.8%
Revenue Diversification
94.4%
Executive Compensation
$152K
Compared with Peers
FY 2024
Compared with 811 similar organizations
(United States, Employment, $1M–$10M 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
|
85.8% | 84.7% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
14.2% | 13.5% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
0.0% | 132.6% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
11.4 mo | 10.5 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
22.8% | 15.0% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
94.4% | 92.9% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
11.6% | 8.7% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
21.8% | 8.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
6.1% | 3.6% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $4.8M | $4.6M | $4.3M | 85.8% | 125 |
| 2023 | $4.3M | $3.7M | $4.0M | 86.8% | 126 |
| 2022 | $4.0M | $3.5M | $3.4M | 88.9% | 79 |
| 2021 | $3.4M | $2.7M | N/A | — | 56 |
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