Charity Search / GRAMBLING ECONOMIC DEVELOPMENT CORPORATION
Community Improvement (S30) 990 on File

GRAMBLING ECONOMIC DEVELOPMENT CORPORATION

EIN: 47-2319699 · GRAMBLING, LA 71245-0131 · United States · FY 2023 Data
2 out of 5 22 / 100 Based on 2+ years of filings
Financial strength (30%) 23/100
Reliability (20%) 50/100
Effectiveness (25%) 21/100
Impact (25%) No data yet
Financial data: FY 2023 · Scored 9/13/2026
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CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2023
$282K
Total Revenue
$290K
Total Expenses
$10K
Net Assets
N/A
Employees
Expense Breakdown
Program Expense Ratio 0.4%
Fundraising Efficiency N/A
Operating Reserve 0.42x
Liability-to-Asset 96.7%
Revenue Diversification N/A
Executive Compensation $67K
Compared with Peers
FY 2023
Compared with 5,777 similar organizations (United States, Community Improvement, $100K–$1M in expenses), FY 2023.
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
0.4% 84.1%
P10P90
Bottom quarter
Operating reserve
Months of expenses covered by net assets · higher is better
0.4 mo 11.1 mo
P10P90
Bottom quarter
Liabilities to assets
Total liabilities / total assets · lower is better
96.7% 3.6%
P10P90
Bottom quarter
Revenue growth
Year over year revenue growth
-36.9% 7.5%
P10P90
Expense growth
Year over year expense growth
-8.6% 13.2%
P10P90
Surplus margin
Surplus as a share of revenue
-2.8% 2.7%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2023 $282K $290K $10K 0.4%
2022 $447K $318K $18K 1.0%
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Organization Details
EIN
47-2319699
State
LA
City
GRAMBLING
ZIP
71245-0131
Classification
S30
Category
Community Improvement
Rating
2★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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