Recreation & Sports
(N32I)
IRS Verified
DX Registered
990 on File
WATERFRONT HISTORIC AREA LEAGUE OF NEW BEDFORD INC
Financial strength (30%)
64/100
Reliability (20%)
55/100
Effectiveness (25%)
58/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$773K
Total Revenue
$452K
Total Expenses
$1.5M
Net Assets
4
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
56.3%
Fundraising Efficiency
N/A
Operating Reserve
39.91x
Liability-to-Asset
36.9%
Revenue Diversification
89.0%
Executive Compensation
$113K
Compared with Peers
FY 2024
Compared with 9,592 similar organizations
(United States, Recreation & Sports, $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
|
56.3% | 94.9% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
35.0% | 3.9% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
8.7% | 0.0% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
39.9 mo | 6.4 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
36.9% | 0.0% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
89.0% | 89.1% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
-28.9% | 8.2% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-60.3% | 9.8% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
41.5% | 2.8% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $773K | $452K | $1.5M | 56.3% | 4 |
| 2023 | $1.1M | $1.1M | $1.2M | 83.6% | 5 |
| 2022 | $1.1M | $1.2M | $1.2M | 86.3% | 5 |
| 2021 | $938K | $1.2M | N/A | — | 4 |
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