Community Improvement
(S30)
990 on File
HAINES ECONOMIC DEVELOPMENT CORPORATION
Financial strength (30%)
62/100
Reliability (20%)
45/100
Effectiveness (25%)
31/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2023
$186K
Total Revenue
$78K
Total Expenses
$66K
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
50.7%
Fundraising Efficiency
N/A
Operating Reserve
10.23x
Liability-to-Asset
7.1%
Revenue Diversification
77.7%
Compared with Peers
FY 2023
Compared with 5,508 similar organizations
(United States, Community Improvement, under $100K 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
|
50.7% | 83.6% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
10.2 mo | 24.8 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
7.1% | 0.0% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
77.7% | 99.0% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
-48.1% | -0.8% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-83.5% | 0.0% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
58.2% | 11.9% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $186K | $78K | $66K | 50.7% | — |
| 2022 | $358K | $469K | $-41,927 | 88.6% | 5 |
| 2021 | $162K | $74K | N/A | — | 1 |
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