26 5 FOUNDATION INC
Mission Statement
We are working hard to raise funds to upgrade our aging facilities, with increased access a major focus of the update - the new pool will help to increase community access for the underserved as well as increase physical accessibility (our current structures are not accessible to those with limited mobility and we have limited space for increasing community access). Our community doesn't have a public pool and there are not low cost/free swim lessons available to community children. We have been partnering with the local Boys and Girls club for the last 3 years, but are limited in furthering our mission until we have more space. Our numbers are difficult to assess as our current priority is raising funds for building with an estimated cost of $4 million, so we are saving donations for this. We have started to fulfill our mission in small ways, but need a facility upgrade to move forward with our larger goals.
Financial Overview — FY 2024
Compared with Peers
FY 2024| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
0.0% | 92.4% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
100.0% | 3.3% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
0.0% | 39.7% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
51220.2 mo | 9.6 mo |
P10P90
|
Top 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
|
63.3% | 85.1% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
-85.6% | 0.9% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-78.1% | 0.8% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
99.8% | 8.8% |
P10P90
|
Impact
1 program| Outcome / Program | People Served | Cost / Service | # Completed | Duration |
|---|---|---|---|---|
| Pool access with swim/water safety instruction - may be lifesaving | 50 | $50.00 | — | Lifetime |
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $36K | $66 | $282K | 0.0% | 0 |
| 2023 | $246K | $302 | $246K | 0.0% | 0 |
Donor Reviews
Write a ReviewBe the first to share your experience with this organization.