Community Improvement
(S31Z)
IRS Verified
DX Registered
990 on File
VALLEY ECONOMIC DEVELOPMENT PARTNERS INC
Financial strength (30%)
82/100
Reliability (20%)
55/100
Effectiveness (25%)
81/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$7.5M
Total Revenue
$2.2M
Total Expenses
$35.1M
Net Assets
11
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
88.8%
Fundraising Efficiency
0.0%
Operating Reserve
190.27x
Liability-to-Asset
25.1%
Revenue Diversification
67.4%
Executive Compensation
$151K
Compared with Peers
FY 2024
Compared with 1,625 similar organizations
(United States, Community Improvement, $1M–$10M 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
|
88.8% | 85.2% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
11.2% | 11.8% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.1% |
P10P90
|
Top quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
0.0% | 115.3% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
190.3 mo | 9.7 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
25.1% | 21.0% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
67.4% | 90.7% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
-7.8% | 8.8% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
70.6% | 10.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
70.5% | 1.6% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $7.5M | $2.2M | $35.1M | 88.8% | 11 |
| 2023 | $8.2M | $1.3M | $29.8M | 70.9% | 11 |
| 2022 | $7.6M | $3.3M | $22.8M | 89.3% | 10 |
| 2021 | $7.4M | $2.2M | N/A | — | 9 |
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