Education
(B90)
990 on File
THE COLERIDGE INITIATIVE INC
Financial strength (30%)
83/100
Reliability (20%)
45/100
Effectiveness (25%)
75/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2023
$10.1M
Total Revenue
$9.7M
Total Expenses
$3.6M
Net Assets
33
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
72.5%
Fundraising Efficiency
N/A
Operating Reserve
4.42x
Liability-to-Asset
53.7%
Revenue Diversification
71.4%
Executive Compensation
$1.6M
Compared with Peers
FY 2023
Compared with 11,231 similar organizations
(United States, Education, $1M–$10M 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
|
72.5% | 84.5% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
27.5% | 13.0% |
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
|
4.4 mo | 8.6 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
53.7% | 23.0% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
71.4% | 90.7% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
77.7% | 7.5% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
12.6% | 11.6% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
3.3% | 3.2% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $10.1M | $9.7M | $3.6M | 72.5% | 33 |
| 2022 | $5.7M | $8.6M | $3.3M | 75.2% | 34 |
| 2021 | $20.1M | $7.3M | N/A | — | 31 |
| 2020 | $6.1M | $2.9M | N/A | — | 19 |
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