Employment
(J33Z)
IRS Verified
DX Registered
990 on File
ADELANTE DEVELOPMENT CENTER INC
Financial strength (30%)
89/100
Reliability (20%)
55/100
Effectiveness (25%)
76/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2023
$40.0M
Total Revenue
$36.2M
Total Expenses
$19.7M
Net Assets
694
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
84.0%
Fundraising Efficiency
N/A
Operating Reserve
6.54x
Liability-to-Asset
37.2%
Revenue Diversification
94.8%
Executive Compensation
$1.0M
Compared with Peers
FY 2023
Compared with 340 similar organizations
(United States, Employment, $10M–$100M in expenses), FY 2023.
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
|
84.0% | 87.7% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
15.2% | 11.5% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.8% | 0.0% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
6.5 mo | 7.7 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
37.2% | 34.2% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
94.8% | 92.3% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
11.3% | 8.9% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
13.9% | 9.8% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
9.5% | 2.5% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $40.0M | $36.2M | $19.7M | 84.0% | 694 |
| 2022 | $36.0M | $31.8M | $16.4M | 82.1% | 625 |
| 2021 | $30.9M | $29.0M | N/A | — | 787 |
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