Recreation & Sports
(N11)
990 on File
REDWOOD CITY PARKS AND ARTS FOUNDATION
Financial strength (30%)
83/100
Reliability (20%)
50/100
Effectiveness (25%)
75/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$620K
Total Revenue
$622K
Total Expenses
$2.0M
Net Assets
1
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
76.0%
Fundraising Efficiency
14.5%
Operating Reserve
38.59x
Liability-to-Asset
55.8%
Revenue Diversification
46.4%
Compared with Peers
FY 2024
Compared with 9,592 similar organizations
(United States, Recreation & Sports, $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
|
76.0% | 94.9% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
11.0% | 3.9% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
13.0% | 0.0% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
14.5% | 0.0% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
38.6 mo | 6.4 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
55.8% | 0.0% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
46.4% | 89.1% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
-5.3% | 8.2% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
59.7% | 9.8% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-0.4% | 2.8% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $620K | $622K | $2.0M | 76.0% | 1 |
| 2023 | $655K | $390K | $2.0M | 89.0% | 1 |
| 2022 | $949K | $653K | $1.6M | 96.3% | 1 |
| 2021 | $685K | $526K | N/A | — | 0 |
| 2020 | $748K | $295K | N/A | — | 0 |
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