Human Services
(P30)
IRS Verified
DX Registered
990 on File
RICHFIELD 4TH OF JULY COMMITTEE INC JAMES FLEMING
Financial strength (30%)
75/100
Reliability (20%)
55/100
Effectiveness (25%)
78/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
Since 1980, it has been our mission to advance and promote the observance of Independence Day in the city of Richfield, MN. In doing so, it is our objective to provide a celebration which can provide patriotic expression, family participation, amusement, community cohesiveness and homecoming.
Financial Overview — FY 2024
$113K
Total Revenue
$77K
Total Expenses
$46K
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
93.5%
Fundraising Efficiency
N/A
Operating Reserve
7.22x
Liability-to-Asset
0.0%
Revenue Diversification
73.7%
Compared with Peers
FY 2024
Compared with 11,641 similar organizations
(United States, Human Services, 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
|
93.5% | 83.2% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
2.7% | 7.9% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
3.8% | 0.0% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
7.2 mo | 15.3 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
73.7% | 100.0% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
1093.4% | 0.0% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
33497.4% | -0.2% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
31.6% | 9.2% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $113K | $77K | $46K | 93.5% | 0 |
| 2023 | $9K | $229 | $11K | — | — |
| 2022 | $51 | $32K | $2K | 15.8% | — |
| 2021 | $218 | $2K | N/A | — | 0 |
| 2019 | $92K | $84K | N/A | — | 0 |
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