Community Improvement
(S31Z)
990 on File
MIAMI AREA ECONOMIC DEVELOPMENT SERVICE INC
Financial strength (30%)
56/100
Reliability (20%)
55/100
Effectiveness (25%)
48/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$206K
Total Revenue
$183K
Total Expenses
$2.7M
Net Assets
1
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
0.2%
Fundraising Efficiency
N/A
Operating Reserve
175.18x
Liability-to-Asset
0.1%
Revenue Diversification
53.4%
Executive Compensation
$73K
Compared with Peers
FY 2024
Compared with 4,285 similar organizations
(United States, Community Improvement, $100K–$1M 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
|
0.2% | 83.7% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
99.8% | 13.2% |
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
|
175.2 mo | 11.3 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.1% | 3.1% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
53.4% | 92.2% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
-147.2% | 7.1% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
5.8% | 9.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
11.2% | 2.9% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $206K | $183K | $2.7M | 0.2% | 1 |
| 2023 | $-435,614 | $173K | $2.9M | 13.7% | 1 |
| 2022 | $34K | $24K | $3.6M | 1.0% | 1 |
| 2021 | $212K | $252K | N/A | — | 2 |
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