Public & Societal Benefit
(W01)
990 on File
ECONOMIC DEVELOPMENT GREATER EAST EDGE INCORPORATED
Financial strength (30%)
85/100
Reliability (20%)
30/100
Effectiveness (25%)
78/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$785K
Total Revenue
$582K
Total Expenses
$491K
Net Assets
9
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
91.3%
Fundraising Efficiency
N/A
Operating Reserve
10.13x
Liability-to-Asset
1.9%
Revenue Diversification
100.0%
Executive Compensation
$78K
Compared with Peers
FY 2024
Compared with 1,513 similar organizations
(United States, Public & Societal Benefit, $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
|
91.3% | 85.7% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
3.9% | 10.4% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
4.7% | 0.0% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
10.1 mo | 8.5 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
1.9% | 0.6% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
100.0% | 97.0% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
36.5% | 9.4% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
6.0% | 11.8% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
25.9% | 2.2% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $785K | $582K | $491K | 91.3% | 9 |
| 2023 | $575K | $549K | $288K | 91.0% | 11 |
| 2022 | $451K | $331K | $262K | 91.7% | 19 |
| 2021 | $208K | $41K | N/A | — | 1 |
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