Charity Search / EDWARD MADISON COMMUNITY DEVELOPMENT CORPORATION INC
Housing & Shelter (L80Z) 990 on File

EDWARD MADISON COMMUNITY DEVELOPMENT CORPORATION INC

EIN: 72-1415074 · NEW ORLEANS, LA 70122-1506 · United States · FY 2024 Data
2 out of 5 35 / 100 Based on 2+ years of filings
Financial strength (30%) 61/100
Reliability (20%) 55/100
Effectiveness (25%) 21/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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CharityAI™ Score
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Financial Overview — FY 2024
$65K
Total Revenue
$102K
Total Expenses
$477K
Net Assets
N/A
Employees
Expense Breakdown
Program Expense Ratio 0.0%
Fundraising Efficiency N/A
Operating Reserve 56.34x
Liability-to-Asset 1.7%
Revenue Diversification N/A
Executive Compensation $13K
Compared with Peers
FY 2024
Compared with 5,473 similar organizations (United States, Housing & Shelter, $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
0.0% 87.3%
P10P90
Bottom quarter
Operating reserve
Months of expenses covered by net assets · higher is better
56.3 mo 13.6 mo
P10P90
Top quarter
Liabilities to assets
Total liabilities / total assets · lower is better
1.7% 25.2%
P10P90
Top quarter
Revenue growth
Year over year revenue growth
22.3% 5.0%
P10P90
Expense growth
Year over year expense growth
25.5% 5.2%
P10P90
Surplus margin
Surplus as a share of revenue
-55.9% -6.8%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $65K $102K $477K 0.0%
2023 $53K $81K $514K 0.0%
2022 $69K $51K $687K 0.0%
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Organization Details
EIN
72-1415074
State
LA
City
NEW ORLEANS
ZIP
70122-1506
Classification
L80Z
Category
Housing & Shelter
Rating
2★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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