nonprofit · EIN 34-1667990 · OH
How much does EMERALD DEVELOPMENT & ECONOMIC NETWORK raise and spend?
EMERALD DEVELOPMENT & ECONOMIC NETWORK (OH, EIN 34-1667990) reported $47.5M in revenue and $46.9M in expenses for tax year 2023, with $25.4M in net assets (6.5 months of reserves). By expenses that ranks 8,270 of 539,974 e-filers, 90 of 15,643 in NTEE L: Housing & Shelter, 276 of 19,846 nonprofits in ohio.
What stands out
EMERALD DEVELOPMENT & ECONOMIC NETWORK (OH, EIN 34-1667990) reported $47.5M in revenue and $46.9M in expenses for tax year 2023, with $25.4M in net assets (6.5 months of reserves). By expenses that ranks 8,270 of 539,974 e-filers, 90 of 15,643 in NTEE L: Housing & Shelter, 276 of 19,846 nonprofits in ohio. Against NTEE L: Housing & Shelter: months of reserves 6.5 months, below the peer median of 13.3 months; officer compensation share of expenses 1.4%, below the peer median of 4.5%; contributions share of revenue 84.5%, above the peer median of 35.5%; surplus margin 1.1%, above the peer median of -0.3%.
Key figures, tax year 2023
As filed on Form 990; ratios computed by FACTANKER. Peer medians are percentile_cont over the group in the same year. Every filed line links to its record on the entity page.
| Measure | 2023 | Median, activity | Median, size | Median, all |
|---|---|---|---|---|
| Total revenue | $47.5M | $392.5k | $21.6M | $194.7k |
| Total expenses | $46.9M | $377.8k | $20.9M | $178.5k |
| Total assets | $46.2M | $1.8M | $29.9M | $775.3k |
| Net assets | $25.4M | $661.7k | $17.0M | $622.5k |
| Officer compensation (total per organisation) | $671.5k | $113.1k | $609.0k | $113.0k |
| Program service revenue share | 13.6% | 50.8% | 74.7% | 13.8% |
| Contributions share of revenue | 84.5% | 35.5% | 13.8% | 57.5% |
| Officer compensation share of expenses | 1.4% | 4.5% | 2.5% | 6.5% |
| Months of reserves | 6.5 months | 13.3 months | 9.0 months | 12.6 months |
| Surplus margin | 1.1% | -0.3% | 1.8% | 3.9% |
Year by year
5 filings on record.
| Tax year | Revenue | Expenses | Net assets | Reserves | Officer comp. | Rank |
|---|---|---|---|---|---|---|
| 2023 | $47.5M | $46.9M | $25.4M | 6.5 months | $671.5k | 8,270 |
| 2022 | $42.1M | $41.4M | $24.9M | 7.2 months | $1.4M | 8,354 |
| 2020 | $36.7M | $37.2M | $25.5M | 8.2 months | $487.7k | 8,282 |
| 2019 | $34.2M | $32.7M | $25.9M | 9.5 months | $649.7k | 8,866 |
| 2018 | $35.9M | $31.8M | $24.4M | 9.2 months | $447.3k | 8,170 |
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