Community Improvement
(S31)
IRS Verified
DX Registered
990 on File
CEIBA INC
Financial strength (30%)
96/100
Reliability (20%)
55/100
Effectiveness (25%)
85/100
Impact (25%)
No data yet
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CharityAI™ Score
Not yet evaluated
Mission Statement
Ceiba's mission is to promote the economic development and financial inclusion of the Latino community through collaborations and advocacy aimed at ensuring their access to quality housing
Financial Overview — FY 2023
$1.1M
Total Revenue
$601K
Total Expenses
$1.6M
Net Assets
20
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
82.8%
Fundraising Efficiency
N/A
Operating Reserve
32.26x
Liability-to-Asset
0.4%
Revenue Diversification
59.2%
Executive Compensation
$73K
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
|
82.8% | 84.1% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
12.6% | 12.7% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
4.6% | 0.0% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
32.3 mo | 11.1 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.4% | 3.6% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
59.2% | 93.2% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
53.2% | 7.5% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-8.9% | 13.2% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
47.4% | 2.7% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $1.1M | $601K | $1.6M | 82.8% | 20 |
| 2022 | $746K | $660K | $1.1M | 88.3% | 21 |
| 2021 | $751K | $307K | N/A | — | 15 |
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