Housing & Shelter
(L22)
990 on File
MIRABELLA AT SOUTH WATERFRONT
Financial strength (30%)
70/100
Reliability (20%)
50/100
Effectiveness (25%)
81/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$27.4M
Total Revenue
$36.1M
Total Expenses
$-108,761,646
Net Assets
309
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
80.5%
Fundraising Efficiency
N/A
Operating Reserve
-36.19x
Liability-to-Asset
168.3%
Revenue Diversification
96.2%
Executive Compensation
$257K
Compared with Peers
FY 2024
Compared with 456 similar organizations
(United States, Housing & Shelter, $10M–$100M 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
|
80.5% | 87.9% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
19.5% | 10.3% |
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
|
-36.2 mo | 6.7 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
168.3% | 61.2% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
96.2% | 91.0% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
12.6% | 9.8% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
1.0% | 7.9% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-31.8% | 0.4% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $27.4M | $36.1M | $-108,761,646 | 80.5% | 309 |
| 2023 | $24.3M | $35.7M | $-100,765,579 | 81.5% | 312 |
| 2022 | $25.3M | $30.8M | $-90,489,336 | 85.8% | 317 |
| 2021 | $25.3M | $29.2M | N/A | — | 326 |
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