Community Improvement
(S30)
990 on File
HARBOR ENTREPRENEUR CENTER
Financial strength (30%)
69/100
Reliability (20%)
50/100
Effectiveness (25%)
78/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$1.2M
Total Revenue
$1.2M
Total Expenses
$207K
Net Assets
2
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
93.3%
Fundraising Efficiency
N/A
Operating Reserve
2.10x
Liability-to-Asset
32.7%
Revenue Diversification
65.9%
Compared with Peers
FY 2024
Compared with 1,625 similar organizations
(United States, Community Improvement, $1M–$10M 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
|
93.3% | 85.2% |
P10P90
|
Top quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
5.0% | 11.8% |
P10P90
|
Top quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
1.7% | 0.1% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
2.1 mo | 9.7 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
32.7% | 21.0% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
65.9% | 90.7% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
38.4% | 8.8% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
64.8% | 10.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
1.2% | 1.6% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $1.2M | $1.2M | $207K | 93.3% | 2 |
| 2023 | $862K | $715K | $192K | 86.3% | 2 |
| 2022 | $382K | $345K | $49K | 85.2% | 3 |
| 2021 | $253K | $277K | N/A | — | 4 |
Donor Reviews
Write a ReviewNo reviews yet
Be the first to share your experience with this organization.