Community Improvement
(S20)
IRS Verified
DX Registered
990 on File
HERKIMER NEXT INC
Financial strength (30%)
62/100
Reliability (20%)
40/100
Effectiveness (25%)
73/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2023
$160K
Total Revenue
$87K
Total Expenses
$73K
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
100.0%
Fundraising Efficiency
N/A
Operating Reserve
10.11x
Liability-to-Asset
0.0%
Revenue Diversification
98.8%
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
|
100.0% | 83.6% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
10.1 mo | 24.8 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
98.8% | 99.0% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
61812.8% | -0.8% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
1240142.9% | 0.0% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
45.6% | 11.9% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $160K | $87K | $73K | 100.0% | — |
| 2022 | $258 | $7 | $251 | 0.0% | — |
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