Community Improvement
(S12)
990 on File
MEMPHIS LAND BANK INC
Financial strength (30%)
74/100
Reliability (20%)
55/100
Effectiveness (25%)
72/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2023
$-568,686
Total Revenue
$733K
Total Expenses
$9.8M
Net Assets
29
Employees
Expense Breakdown
Program Expense Ratio
88.3%
Fundraising Efficiency
N/A
Operating Reserve
159.69x
Liability-to-Asset
49.3%
Revenue Diversification
N/A
Executive Compensation
$324K
Compared with Peers
FY 2023
Compared with 5,777 similar organizations
(United States, Community Improvement, $100K–$1M 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
|
88.3% | 84.1% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
11.7% | 12.7% |
P10P90
|
Above median |
|
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
|
159.7 mo | 11.1 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
49.3% | 3.6% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
-186.7% | 7.5% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
13.3% | 13.2% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
229.0% | 2.7% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $-568,686 | $733K | $9.8M | 88.3% | 29 |
| 2022 | $656K | $647K | $10.2M | 80.2% | 37 |
| 2021 | $909K | $1.1M | N/A | — | 41 |
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