Community Improvement
(S80)
990 on File
FERNDALE DOWNTOWN DEVELOPMENTASSOCIATION
Financial strength (30%)
67/100
Reliability (20%)
30/100
Effectiveness (25%)
31/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$139K
Total Revenue
$165K
Total Expenses
$338K
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
21.5%
Fundraising Efficiency
15.2%
Operating Reserve
24.51x
Liability-to-Asset
0.3%
Revenue Diversification
79.9%
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
|
21.5% | 83.7% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
15.2% | 10.2% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
24.5 mo | 11.3 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.3% | 3.1% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
79.9% | 92.2% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
17.6% | 7.1% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-27.3% | 9.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-19.3% | 2.9% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $139K | $165K | $338K | 21.5% | — |
| 2023 | $118K | $228K | $365K | 98.5% | 0 |
| 2022 | $894K | $420K | $474K | 96.4% | 2 |
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