Community Improvement
(S30)
IRS Verified
DX Registered
990 on File
VIRGINIA ALLIANCE FOR BUSINESS COMMERCE AND COMMUNITIES FOUNDATIO
Financial strength (30%)
58/100
Reliability (20%)
45/100
Effectiveness (25%)
78/100
Impact (25%)
70/100
CharityAI™ Score
Not yet evaluated
Mission Statement
To increase small business growth while fostering an inclusive environment for all entrepreneurs to thrive.
Financial Overview — FY 2024
$213K
Total Revenue
$177K
Total Expenses
$-63,706
Net Assets
1
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
87.9%
Fundraising Efficiency
N/A
Operating Reserve
-4.32x
Liability-to-Asset
931.5%
Revenue Diversification
84.6%
Executive Compensation
$54K
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
|
87.9% | 83.7% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
10.8% | 13.2% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
1.3% | 0.0% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
-4.3 mo | 11.3 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
931.5% | 3.1% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
84.6% | 92.2% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
-30.6% | 7.1% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-51.1% | 9.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
17.1% | 2.9% |
P10P90
|
Impact
3 programs| Outcome / Program | People Served | Cost / Service | # Completed | Duration |
|---|---|---|---|---|
| Youth Scholarships | 10 | $1,000.00 | — | Lifetime |
| increased business growth, economic advancement, leadership and professional development | 1,000 | $500.00 | — | Per Year |
| connected businesses, providing essential resources, and increased economic growth | 5,029 | $500.00 | — | Lifetime |
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $213K | $177K | $-63,706 | 87.9% | 1 |
| 2023 | $308K | $361K | $-100,260 | 91.5% | 5 |
| 2022 | $219K | $267K | $-46,481 | 90.3% | 0 |
| 2021 | $143K | $159K | $2K | 91.6% | — |
| 2020 | $46K | $28K | $18K | 88.1% | — |
Donor Reviews
Write a ReviewNo reviews yet
Be the first to share your experience with this organization.