Charity Search / VIRGINIA PARK COMMUNITY INVESTMENT ASSOCIATES INC
Community Improvement (S200) 990 on File

VIRGINIA PARK COMMUNITY INVESTMENT ASSOCIATES INC

EIN: 38-2150470 · DETROIT, MI 48206-2201 · United States · FY 2024 Data
3 out of 5 51 / 100 Based on 2+ years of filings
Financial strength (30%) 78/100
Reliability (20%) 55/100
Effectiveness (25%) 65/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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Financial Overview — FY 2024
$358K
Total Revenue
$382K
Total Expenses
$627K
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 93.6%
Fundraising Efficiency N/A
Operating Reserve 19.68x
Liability-to-Asset 1.4%
Revenue Diversification 100.0%
Executive Compensation $14K
Compared with Peers
FY 2024
Compared with 4,285 similar organizations (United States, Community Improvement, $100K–$1M 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
93.6% 83.7%
P10P90
Above median
Admin expense ratio
Management and general / total expenses · lower is better
6.4% 13.2%
P10P90
Above median
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
19.7 mo 11.3 mo
P10P90
Above median
Liabilities to assets
Total liabilities / total assets · lower is better
1.4% 3.1%
P10P90
Above median
Revenue concentration
Share of revenue from the largest source · lower is better
100.0% 92.2%
P10P90
Bottom quarter
Revenue growth
Year over year revenue growth
3.9% 7.1%
P10P90
Expense growth
Year over year expense growth
16.3% 9.1%
P10P90
Surplus margin
Surplus as a share of revenue
-6.8% 2.9%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $358K $382K $627K 93.6% 0
2023 $344K $329K $651K 90.1% 0
2022 $531K $877K $635K 100.0% 0
2021 $753K $559K N/A 0
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Organization Details
EIN
38-2150470
State
MI
City
DETROIT
ZIP
48206-2201
Classification
S200
Category
Community Improvement
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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