Charity Search / SHAKER SQUARE AREA DEVELOPMENT CORPORATION
Community Improvement (S200) 990 on File

SHAKER SQUARE AREA DEVELOPMENT CORPORATION

EIN: 34-1184478 · CLEVELAND, OH 44120-1931 · United States · FY 2024 Data
2 out of 5 27 / 100 Based on 2+ years of filings
Financial strength (30%) 36/100
Reliability (20%) 55/100
Effectiveness (25%) 21/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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Financial Overview — FY 2024
$43K
Total Revenue
$42K
Total Expenses
$-122,828
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 46.4%
Fundraising Efficiency N/A
Operating Reserve -34.96x
Liability-to-Asset 202.0%
Revenue Diversification 40.7%
Compared with Peers
FY 2024
Compared with 4,006 similar organizations (United States, Community Improvement, under $100K 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
46.4% 81.7%
P10P90
Below median
Operating reserve
Months of expenses covered by net assets · higher is better
-35.0 mo 23.9 mo
P10P90
Bottom quarter
Liabilities to assets
Total liabilities / total assets · lower is better
202.0% 0.0%
P10P90
Bottom quarter
Revenue concentration
Share of revenue from the largest source · lower is better
40.7% 98.4%
P10P90
Top quarter
Revenue growth
Year over year revenue growth
-4.3% -1.9%
P10P90
Expense growth
Year over year expense growth
-10.7% -1.6%
P10P90
Surplus margin
Surplus as a share of revenue
1.3% 11.7%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $43K $42K $-122,828 46.4%
2023 $45K $47K $-123,369 42.2%
2022 $78K $39K $-121,061 44.7%
2021 $80K $46K N/A 1
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Organization Details
EIN
34-1184478
State
OH
City
CLEVELAND
ZIP
44120-1931
Classification
S200
Category
Community Improvement
Rating
2★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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