Community Improvement
(S05)
990 on File
HEARTLAND FORWARD
Financial strength (30%)
66/100
Reliability (20%)
45/100
Effectiveness (25%)
61/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$11.9M
Total Revenue
$12.6M
Total Expenses
$6.4M
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
66.7%
Fundraising Efficiency
N/A
Operating Reserve
6.10x
Liability-to-Asset
0.0%
Revenue Diversification
99.9%
Compared with Peers
FY 2024
Compared with 285 similar organizations
(United States, Community Improvement, $10M–$100M 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
|
66.7% | 90.2% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
33.3% | 8.3% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.2% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
6.1 mo | 5.5 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.0% | 40.6% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
99.9% | 91.4% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
-22.1% | 5.8% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
16.3% | 7.4% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-6.4% | 1.3% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $11.9M | $12.6M | $6.4M | 66.7% | 0 |
| 2023 | $15.3M | $10.9M | $7.2M | 84.3% | 0 |
| 2022 | $10.8M | $11.1M | $2.8M | 80.4% | 0 |
| 2021 | $19.8M | $7.1M | N/A | — | 0 |
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