Public & Societal Benefit
(W05)
990 on File
NRECA RESEARCH
Financial strength (30%)
53/100
Reliability (20%)
45/100
Effectiveness (25%)
61/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2023
$11.5M
Total Revenue
$11.5M
Total Expenses
$0
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
96.6%
Fundraising Efficiency
N/A
Operating Reserve
0.00x
Liability-to-Asset
100.0%
Revenue Diversification
63.1%
Executive Compensation
$0
Compared with Peers
FY 2023
Compared with 142 similar organizations
(United States, Public & Societal Benefit, $10M–$100M 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
|
96.6% | 85.9% |
P10P90
|
Top quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
3.4% | 11.6% |
P10P90
|
Top quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.1% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
0.0 mo | 10.1 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
100.0% | 26.3% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
63.1% | 93.9% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
15.1% | 10.8% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
15.2% | 11.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-0.1% | 1.3% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $11.5M | $11.5M | $0 | 96.6% | 0 |
| 2022 | $10.0M | $10.0M | $0 | 100.0% | 0 |
| 2021 | $13.7M | $13.7M | N/A | — | 0 |
| 2020 | $11.1M | $11.1M | N/A | — | 0 |
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