Community Improvement
(S300)
990 on File
SUMMIT DOWNTOWN INC
Financial strength (30%)
83/100
Reliability (20%)
55/100
Effectiveness (25%)
78/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$497K
Total Revenue
$471K
Total Expenses
$433K
Net Assets
4
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
76.9%
Fundraising Efficiency
N/A
Operating Reserve
11.04x
Liability-to-Asset
0.0%
Revenue Diversification
91.2%
Executive Compensation
$105K
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
|
76.9% | 83.7% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
13.2% | 13.2% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
9.9% | 0.0% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
11.0 mo | 11.3 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.0% | 3.1% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
91.2% | 92.2% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
-4.2% | 7.1% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
2.3% | 9.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
5.2% | 2.9% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $497K | $471K | $433K | 76.9% | 4 |
| 2023 | $519K | $461K | $407K | 77.7% | 2 |
| 2022 | $440K | $453K | $349K | 76.5% | 3 |
| 2021 | $403K | $371K | $362K | 75.8% | 2 |
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