Community Improvement
(S31Z)
IRS Verified
DX Registered
990 on File
THE CENTER FOR TECHNOLOGY ENTERPRISE AND DEVELOPMENT INC
Financial strength (30%)
67/100
Reliability (20%)
55/100
Effectiveness (25%)
81/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2023
$775K
Total Revenue
$883K
Total Expenses
$12K
Net Assets
9
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
88.3%
Fundraising Efficiency
0.0%
Operating Reserve
0.16x
Liability-to-Asset
97.9%
Revenue Diversification
90.3%
Executive Compensation
$141K
Compared with Peers
FY 2023
Compared with 5,777 similar organizations
(United States, Community Improvement, $100K–$1M in expenses), FY 2023.
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
|
88.3% | 84.1% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
11.7% | 12.7% |
P10P90
|
Above 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% | 9.4% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
0.2 mo | 11.1 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
97.9% | 3.6% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
90.3% | 93.2% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
-3.6% | 7.5% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-1.1% | 13.2% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-14.0% | 2.7% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $775K | $883K | $12K | 88.3% | 9 |
| 2022 | $804K | $893K | $120K | 88.4% | 12 |
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