Employment
(J30Z)
IRS Verified
DX Registered
990 on File
SOUTHWEST MINNESOTA PRIVATE INDUSTRY COUNCIL INC
Financial strength (30%)
82/100
Reliability (20%)
55/100
Effectiveness (25%)
97/100
Impact (25%)
No data yet
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CharityAI™ Score
Not yet evaluated
Mission Statement
The mission of Southwest Minnesota Private Industry Council is Building Tomorrow’s Workforce through partnerships with a shared focus on training, leadership, and education.
Financial Overview — FY 2023
$3.4M
Total Revenue
$3.4M
Total Expenses
$1.2M
Net Assets
114
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
88.9%
Fundraising Efficiency
N/A
Operating Reserve
4.37x
Liability-to-Asset
23.3%
Revenue Diversification
99.1%
Executive Compensation
$216K
Compared with Peers
FY 2023
Compared with 1,161 similar organizations
(United States, Employment, $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
|
88.9% | 84.8% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
11.1% | 13.3% |
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
|
4.4 mo | 9.3 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
23.3% | 16.9% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
99.1% | 92.8% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
1.0% | 7.6% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
4.2% | 8.9% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
0.1% | 2.9% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $3.4M | $3.4M | $1.2M | 88.9% | 114 |
| 2022 | $3.4M | $3.3M | $1.2M | 88.7% | 94 |
| 2021 | $3.3M | $3.2M | N/A | — | 88 |
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