CIRCLE VENTURE
Mission Statement
Neighbors Investing in Childs Elementary (NICE) is a nonprofit organization made up of community members who are dedicated to creating a first-class learning environment at our local public elementary school G. W. Childs., located at 16th and Wharton Streets in Point Breeze Philadelphia. NICE aims to compliment the efforts already being put forth by school administration, faculty and parents by executing service projects, raising funds, recruiting volunteers and providing community insight that will positively affect the student body and the neighborhood at large. By investing in our public school, we are ultimately strengthening the community around one common goal: an excellent education for all children in the catchment area. Simply put, at the heart of any vibrant neighborhood is a thriving public school, and we want to insure our heart keeps beating strong.
Financial Overview — FY 2025
Compared with Peers
FY 2025| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
100.0% | 85.5% |
P10P90
|
Top quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
0.0% | 13.1% |
P10P90
|
Top quarter |
|
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
|
10.8 mo | 11.8 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.4% | 12.9% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
99.5% | 92.0% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
9.6% | 4.1% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
4.0% | 6.2% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
7.8% | 3.2% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $1.5M | $1.4M | $1.2M | 100.0% | 30 |
| 2024 | $1.4M | $1.3M | $1.1M | 100.0% | 28 |
| 2023 | $1.2M | $1.0M | $1.1M | 100.0% | 27 |
| 2022 | $1.1M | $1.0M | $909K | 100.0% | 28 |
| 2021 | $1.2M | $1.1M | N/A | — | 39 |
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