Community Improvement
(S430)
990 on File
MOHAWK VALLEY ECONOMIC DEVELOPMENT DISTRICT INC
Financial strength (30%)
87/100
Reliability (20%)
55/100
Effectiveness (25%)
81/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$961K
Total Revenue
$914K
Total Expenses
$2.0M
Net Assets
10
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
86.0%
Fundraising Efficiency
N/A
Operating Reserve
26.66x
Liability-to-Asset
8.5%
Revenue Diversification
79.5%
Executive Compensation
$99K
Compared with Peers
FY 2024
Compared with 4,285 similar organizations
(United States, Community Improvement, $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
|
86.0% | 83.7% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
14.0% | 13.2% |
P10P90
|
Below 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
|
26.7 mo | 11.3 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
8.5% | 3.1% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
79.5% | 92.2% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
-3.4% | 7.1% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
0.0% | 9.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
4.9% | 2.9% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $961K | $914K | $2.0M | 86.0% | 10 |
| 2023 | $995K | $914K | $2.0M | 86.2% | 11 |
| 2022 | $761K | $702K | $1.9M | 86.7% | 12 |
| 2021 | $1.3M | $1.3M | N/A | — | 9 |
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