Community Improvement
(S20)
IRS Verified
DX Registered
990 on File
PARK CENTRAL DEVELOPMENT CORPORATION
Financial strength (30%)
68/100
Reliability (20%)
55/100
Effectiveness (25%)
71/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
The Mission of Park Central Development is to build safe, strong, vibrant, walkable, equitable neighborhoods where people can live work and play.
Financial Overview — FY 2023
$1.5M
Total Revenue
$1.5M
Total Expenses
$680K
Net Assets
7
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
65.3%
Fundraising Efficiency
45.5%
Operating Reserve
5.60x
Liability-to-Asset
19.0%
Revenue Diversification
59.8%
Executive Compensation
$0
Compared with Peers
FY 2023
Compared with 2,193 similar organizations
(United States, Community Improvement, $1M–$10M 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
|
65.3% | 85.1% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
28.5% | 11.8% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
6.2% | 0.2% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
45.5% | 138.4% |
P10P90
|
Above median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
5.6 mo | 10.6 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
19.0% | 21.0% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
59.8% | 91.2% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
52.5% | 7.5% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
60.5% | 13.0% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
2.4% | 1.8% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $1.5M | $1.5M | $680K | 65.3% | 7 |
| 2022 | $980K | $908K | $644K | 61.4% | 8 |
| 2021 | $1.2M | $1.1M | N/A | — | 6 |
Donor Reviews
Write a ReviewNo reviews yet
Be the first to share your experience with this organization.