Community Improvement
(S30Z)
990 on File
CONVERSE ECONOMIC DEVELOPMENT CORPORATION
Financial strength (30%)
71/100
Reliability (20%)
55/100
Effectiveness (25%)
31/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
N/A
Total Revenue
$1K
Total Expenses
$15K
Net Assets
N/A
Employees
Expense Breakdown
Program Expense Ratio
55.4%
Fundraising Efficiency
N/A
Operating Reserve
143.34x
Liability-to-Asset
N/A
Revenue Diversification
N/A
Compared with Peers
FY 2024
Compared with 4,006 similar organizations
(United States, Community Improvement, under $100K 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
|
55.4% | 81.7% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
143.3 mo | 23.9 mo |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
-100.0% | -1.9% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-53.1% | -1.6% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | N/A | $1K | $15K | 55.4% | — |
| 2023 | $5K | $3K | $16K | 100.0% | — |
| 2022 | $5K | $3K | $14K | 100.0% | — |
| 2021 | $10K | $11K | N/A | — | 1 |
| 2020 | $5K | $2K | N/A | — | 1 |
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