Community Improvement
(S30Z)
IRS Verified
DX Registered
990 on File
OLD TOWN COMMERCIAL ASSOCIATION
Financial strength (30%)
72/100
Reliability (20%)
55/100
Effectiveness (25%)
78/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
The Old Town Commercial Association (OTCA) is a non-profit organization dedicated to the revitalization of Lansing’s Old Town through socioeconomic development, promoting Old Town and its businesses, historic preservation, business recruitment, community outreach, and educating the public through our exciting walking tours. Rich and vibrant streetscapes provide a gateway to our livable, walkable and family-friendly community. Residents of Old Town and surrounding neighborhoods are invested and engaged in the success of the Old Town community.
Financial Overview — FY 2024
$208K
Total Revenue
$216K
Total Expenses
$62K
Net Assets
1
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
85.5%
Fundraising Efficiency
N/A
Operating Reserve
3.47x
Liability-to-Asset
33.9%
Revenue Diversification
77.8%
Executive Compensation
$66K
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
|
85.5% | 83.7% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
10.2% | 13.2% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
4.3% | 0.0% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
3.5 mo | 11.3 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
33.9% | 3.1% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
77.8% | 92.2% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
-20.2% | 7.1% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-4.8% | 9.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-3.5% | 2.9% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $208K | $216K | $62K | 85.5% | 1 |
| 2023 | $261K | $226K | $68K | 87.1% | 2 |
| 2022 | $88K | $158K | $33K | 82.4% | 1 |
| 2021 | $81K | $68K | N/A | — | 0 |
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