Cairo Development Foundation Inc

Nonprofit profile at a glance

EIN
814037091
IRS 990-EZ coverage
2018–2024
Forms available
Form 990 2022, Form 990-EZ 2024, Form 990-N 2017
Location
Cairo, NY, USA
Phone
5182913407
Rating
70
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Community, Neighborhood Development

Official website

Reported finances

Revenue
$139,319
Expenses
$150,631
Assets
$418,164
Liabilities
$212,182

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • DIANA BENOIT (PRESIDENT)

People named in this filing

  • DIANA BENOIT (PRESIDENT)
  • LYSANDRA BRADEN (VICE-PRESIDE)
  • MICHELLE ROLON (TREASURER)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The organization's mission is to create, beautify and improve cairo, ny by ofering volunteers to spruce up existing dwellings and businesses, to assist in promoting a business-friendly atmosphere by working with town government and citizens, and to seek out state and federal grants to pursue projects that help beautify cairo, ny.

What it reported doing in 2024

Contributions and fundraising are needed to fund projects directly related to the revitalization of main street, cairo, ny. Marketing of the organization is to help bring awarenes to the blight of the many vacant buildings and storefronts and to promote other businesses to come to the area of main street and the immediate area, including buying and rehabilitating some buildings.

Operating model

Revenue model
Earned-program. 62% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 61
  • Transparency & Controls: 82
  • Sustainability: 43
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 58.7%; rating input score 59
  • Program expense ratio: 64.9%; rating input score 65

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -8.1%; rating input score 18; 18th percentile among comparable filings
  • Total-asset coverage ratio: 2.78; rating input score 88; 88th percentile among comparable filings
  • Liabilities to assets ratio: 0.51; rating input score 10; 10th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 45.4% per year; rating input score 100; 90th percentile among comparable filings
  • Revenue growth: 24.6% per year; rating input score 100; 87th percentile among comparable filings
  • Asset growth: 21.4% per year; rating input score 100; 81st percentile among comparable filings

Details

  • Where the money goes: 58.7% of revenue deployed · 64.9% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $98K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 5 filing years from 2018 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Financial Efficiency: Mission deployment rate scored 59/100.
  • High — Sustainability: Operating margin scored 18/100.
  • High — Sustainability: Liabilities to assets ratio scored 10/100.