Community Improvement
(S30)
990 on File
FAIR LAWN ECONOMIC DEVELOPMENT CORPORATION INC
Financial strength (30%)
70/100
Reliability (20%)
50/100
Effectiveness (25%)
61/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$264K
Total Revenue
$239K
Total Expenses
$14K
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
88.8%
Fundraising Efficiency
N/A
Operating Reserve
0.69x
Liability-to-Asset
66.4%
Revenue Diversification
99.9%
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
|
88.8% | 83.7% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
11.2% | 13.2% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
0.7 mo | 11.3 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
66.4% | 3.1% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
99.9% | 92.2% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
908.7% | 7.1% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
44.9% | 9.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
9.4% | 2.9% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $264K | $239K | $14K | 88.8% | 0 |
| 2023 | $26K | $165K | $-11,085 | 91.5% | — |
| 2022 | $169K | $118K | $132K | 0.0% | — |
| 2021 | $9K | $35K | N/A | — | 1 |
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