Religion-Related
(X20I)
990 on File
MINNIE SLAUGHTER VEAL MEMORIAL FUND
Financial strength (30%)
90/100
Reliability (20%)
55/100
Effectiveness (25%)
56/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$18.9M
Total Revenue
$10.5M
Total Expenses
$28.7M
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
86.9%
Fundraising Efficiency
N/A
Operating Reserve
32.82x
Liability-to-Asset
0.0%
Revenue Diversification
93.7%
Executive Compensation
$0
Compared with Peers
FY 2024
Compared with 160 similar organizations
(United States, Religion-Related, $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
|
86.9% | 84.6% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
13.1% | 9.7% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 2.5% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
32.8 mo | 10.8 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.0% | 12.8% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
93.7% | 91.3% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
68.5% | 3.5% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
6.3% | 6.4% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
44.3% | 1.6% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $18.9M | $10.5M | $28.7M | 86.9% | 0 |
| 2023 | $11.2M | $9.9M | $20.3M | 90.2% | 0 |
| 2022 | $15.7M | $12.0M | $19.0M | 90.0% | 0 |
| 2021 | $11.6M | $8.7M | N/A | — | 0 |
| 2020 | $12.4M | $10.1M | N/A | — | 0 |
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