WASHINGTON REGIONAL ASSOCIATION OF GRANTMAKERS
Mission Statement
Break A Difference’s (B•A•D) mission is to strategically engage individuals and institutions through service to make positive impacts in communities and in those who serve. As a nonprofit, we accomplish this by engaging corporations in large-scale service projects, preparing skilled leaders to serve on nonprofit boards, expanding the volunteer service capacity for nonprofits, and partnering with organizations to engage college students in week-long immersive service trips, otherwise known as Alternative Breaks. ? We believe in the power of transformative, intentional, & well-organized volunteer experiences. Every year, we engage over 6,000 volunteers in 300+ projects across 30 cities, delivering resources and expanding the volunteer capacity of community partners who are on the front lines, serving vulnerable populations every day!
Financial Overview — FY 2023
Compared with Peers
FY 2023| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
92.1% | 91.8% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
3.3% | 8.1% |
P10P90
|
Top quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
4.6% | 1.9% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
4.0 mo | 80.2 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
47.8% | 0.0% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
86.2% | 90.3% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
-6.2% | 3.2% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
10.7% | 6.5% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-45.0% | -4.9% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $3.9M | $5.7M | $1.9M | 92.1% | 39 |
| 2022 | $4.2M | $5.2M | $3.7M | 90.7% | 53 |
| 2021 | $5.3M | $4.9M | N/A | — | 50 |
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