Community Improvement
(S01)
990 on File
RECOVER MICHIANA INC
Financial strength (30%)
70/100
Reliability (20%)
40/100
Effectiveness (25%)
61/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2023
$66K
Total Revenue
$66K
Total Expenses
$9K
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
85.2%
Fundraising Efficiency
59.9%
Operating Reserve
1.68x
Liability-to-Asset
0.0%
Revenue Diversification
65.7%
Compared with Peers
FY 2023
Compared with 5,508 similar organizations
(United States, Community Improvement, under $100K 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
|
85.2% | 83.6% |
P10P90
|
Above median |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
59.9% | 41.5% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
1.7 mo | 24.8 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
65.7% | 99.0% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
15.7% | -0.8% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
39.5% | 0.0% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-0.4% | 11.9% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $66K | $66K | $9K | 85.2% | — |
| 2022 | $57K | $48K | $10K | 92.8% | — |
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