C E F S ECONOMIC OPPORTUNITY CORP
Mission Statement
To provide seniors with a low cost, nutritionally sound meals in a group setting to people 60 years and older and their spouses and/or providing a home-delivered meal to home-bound seniors. Besides promoting better health among the older segment of the populations through improved nutrition, this program is aimed at reducing isolation of old age, and offering seniors the opportunity to live their remaining years in dignity, by offering social activities and companionship and by offering sound meals and a daily check by a caring and friendly volunteer. This service plays a vital role in reducing early institutionalization.
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
|
94.6% | 87.2% |
P10P90
|
Top quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
5.4% | 11.3% |
P10P90
|
Top quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.4% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
3.5 mo | 7.5 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
33.0% | 26.6% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
96.3% | 91.4% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
-1.2% | 6.3% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-1.7% | 5.3% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
2.0% | 2.8% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $23.1M | $22.7M | $6.7M | 94.6% | 335 |
| 2024 | $23.4M | $23.1M | $6.2M | 94.9% | 327 |
| 2023 | $25.4M | $25.1M | $7.1M | 95.8% | 340 |
| 2022 | $26.1M | $25.6M | $6.7M | 96.0% | 310 |
| 2021 | $22.2M | $21.2M | N/A | — | 298 |
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