Charity Search / GREATER NEW MARTINSVILLE DEVELOPMENT CORPORATION
Community Improvement (S200) 990 on File

GREATER NEW MARTINSVILLE DEVELOPMENT CORPORATION

EIN: 55-0678917 · N MARTINSVLLE, WV 26155-0271 · United States · FY 2024 Data
3 out of 5 50 / 100 Based on 2+ years of filings
Financial strength (30%) 73/100
Reliability (20%) 55/100
Effectiveness (25%) 68/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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Financial Overview — FY 2024
$242K
Total Revenue
$144K
Total Expenses
$470K
Net Assets
3
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 99.9%
Fundraising Efficiency N/A
Operating Reserve 39.25x
Liability-to-Asset 1.7%
Revenue Diversification 48.8%
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
99.9% 83.7%
P10P90
Top quarter
Admin expense ratio
Management and general / total expenses · lower is better
0.1% 13.2%
P10P90
Top quarter
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
39.3 mo 11.3 mo
P10P90
Top quarter
Liabilities to assets
Total liabilities / total assets · lower is better
1.7% 3.1%
P10P90
Above median
Revenue concentration
Share of revenue from the largest source · lower is better
48.8% 92.2%
P10P90
Top quarter
Surplus margin
Surplus as a share of revenue
40.5% 2.9%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $242K $144K $470K 99.9% 3
2022 $129K $119K $390K 100.0% 3
2021 $167K $109K N/A 3
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Organization Details
EIN
55-0678917
State
WV
City
N MARTINSVLLE
ZIP
26155-0271
Classification
S200
Category
Community Improvement
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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