Community Improvement (S20) IRS Verified DX Registered 990 on File

MOUNT OLIVE COMMUNITY DEVELOPMENT CORPORATION

EIN: 61-1685386 · CLEARWATER, FL 33755-4136 · United States · FY 2022 Data

3 out of 5 45 / 100 Based on a filing without expense detail

Financial strength (30%) 80/100

Reliability (20%) 50/100

Effectiveness (25%) 42/100

Impact (25%) No data yet

Financial data: FY 2022 · Scored 9/13/2026

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CharityAI™ Score

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Mission Statement

The corporation is purposed to encourage, support and assist the development and redevelopment of the Clearwater community and the surrounding areas in Pinellas County, FL. Additionally, it is designed to promote social, economic, cultural and human service and ethnic programs and activities among residents of Clearwater and surrounding areas. Furthermore, the corporation is to create economic opportunity through the reduction or elimination of social, economic and cultural barriers.

Financial Overview — FY 2022

$10K

Total Revenue

$9K

Total Expenses

$16K

Net Assets

N/A

Employees

Revenue Sources

Program Expense Ratio N/A

Fundraising Efficiency N/A

Operating Reserve 20.55x

Liability-to-Asset N/A

Revenue Diversification 99.0%

Compared with Peers

FY 2022

Compared with 4,673 similar organizations (United States, Community Improvement, under $100K in expenses), FY 2022.

This organization Middle half of peers (P25–P75) Peer median

Ratio	This org	Peer median	Position (P10 → P90)
Operating reserve Months of expenses covered by net assets · higher is better	20.6 mo	26.0 mo	P10P90	Below median
Revenue concentration Share of revenue from the largest source · lower is better	99.0%	99.8%	P10P90	Above median
Revenue growth Year over year revenue growth	-40.8%	2.0%	P10P90
Expense growth Year over year expense growth	18.8%	10.0%	P10P90
Surplus margin Surplus as a share of revenue	10.0%	15.4%	P10P90

Financial History

Year	Revenue	Expenses	Net Assets	Program %	Staff
2022	$10K	$9K	$16K	—	—
2021	$18K	$8K	N/A	—	1

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Organization Details

EIN: 61-1685386
State: FL
City: CLEARWATER
ZIP: 33755-4136
Classification: S20
Category: Community Improvement
Rating: 3★
Coverage: C
Last Updated: Aug 2026
Foundation Code: 15
Form 990: On File

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CharityAI™ rates charities from 0 to 100 using public filings (IRS Form 990 and the equivalent registries outside the US) together with the information the charity itself provides on DonationX. Ratings are recalculated every quarter, without human bias, and shown as stars.

Four pillars

Financial strength30%

Program expense ratio, fundraising efficiency, operating reserves, liabilities and revenue diversification, compared with similar organizations.

Reliability20%

Standing with the registry, filing history, verification and how complete the profile is.

Effectiveness25%

How much goes to programs and how consistently the organization delivers them.

Impact25%

The outcomes the charity reports on DonationX: people served, cost per service and results.

Stars

★★★★★ 80–100 ★★★★☆ 60–79 ★★★☆☆ 40–59 ★★☆☆☆ 20–39 ★☆☆☆☆ 1–19

A pillar with no data counts as zero. Without impact metrics the score is capped at 59 (three stars): only the charity can supply that data.
The coverage grade (A to D) says how much filing data the score rests on; NONE means there is not enough to rate.
An organization that is not in good standing with its registry (for example a revoked tax exemption) is shown as Not rated.
"Compared with peers" places the charity's key ratios against organizations of the same country, sector and size.

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