Community Improvement
(S20)
990 on File
SOUTHEAST RALEIGH COMMUNITY DEVELOPMENT CORPORATION
Financial strength (30%)
19/100
Reliability (20%)
50/100
Effectiveness (25%)
48/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$22K
Total Revenue
$52K
Total Expenses
$-30,446
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
0.4%
Fundraising Efficiency
N/A
Operating Reserve
-6.98x
Liability-to-Asset
102.6%
Revenue Diversification
89.6%
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
|
0.4% | 81.7% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
97.3% | 10.6% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
2.3% | 0.0% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
-7.0 mo | 23.9 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
102.6% | 0.0% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
89.6% | 98.4% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
-55.3% | -1.9% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-2.8% | -1.6% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-143.3% | 11.7% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $22K | $52K | $-30,446 | 0.4% | 0 |
| 2023 | $48K | $54K | $24K | 0.0% | 0 |
| 2022 | $524K | $558K | $29K | 90.9% | 0 |
| 2021 | $1.7M | $1.6M | $100K | 94.5% | 0 |
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