Community Improvement
(S122)
990 on File
DEVELOP MICHIGAN INC
Financial strength (30%)
64/100
Reliability (20%)
50/100
Effectiveness (25%)
51/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$9K
Total Revenue
$13K
Total Expenses
$298K
Net Assets
N/A
Employees
Expense Breakdown
Program Expense Ratio
100.0%
Fundraising Efficiency
N/A
Operating Reserve
271.29x
Liability-to-Asset
89.9%
Revenue Diversification
N/A
Executive Compensation
$0
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 |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
271.3 mo | 23.9 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
89.9% | 0.0% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
0.0% | -1.9% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-2.9% | -1.6% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-42.3% | 11.7% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $9K | $13K | $298K | 100.0% | — |
| 2023 | $9K | $14K | $302K | 100.0% | — |
| 2022 | $-480,908 | $22K | $306K | 100.0% | — |
Donor Reviews
Write a ReviewNo reviews yet
Be the first to share your experience with this organization.