J โ€” EmploymentEIN: 352657190ยท Ruling Year: 2020

Metro Detroit Electrical Industry Training Center Inc

Madison Hts, Michigan

B+Health Score
74B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

๐Ÿ’ฐ
$4.4M
Total Revenue
๐Ÿ“Š
$4.6M
Total Expenses
๐Ÿฆ
$6.4M
Net Assets
๐Ÿ“‹
$112K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+8.5%
Year-over-year change (2022 โ†’ 2023)
Net Margin
-4.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.39
Net assets divided by total expenses
Liabilities-to-Assets
1.7%
Total liabilities as % of total assets

Filing History

4 filings on record
YearRevenueExpensesAssets
2023$4,423,902โ†‘8%$4,608,683โ†‘24%$6,531,865โ†“3%
2022$4,078,872โ†‘15%$3,707,801โ†‘8%$6,741,678โ†‘7%
2021$3,550,303โ†‘329%$3,420,033โ†‘296%$6,309,298
2020$827,744$864,695$6,325,384

Frequently Asked Questions

What does Metro Detroit Electrical Industry Training Center Inc do?โ–ผ

Metro Detroit Electrical Industry Training Center Inc is a employment nonprofit organization based in Michigan. It is classified under NTEE code J22 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Metro Detroit Electrical Industry Training Center Inc financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Metro Detroit Electrical Industry Training Center Inc has a score of 74/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Metro Detroit Electrical Industry Training Center Inc generate?โ–ผ

Metro Detroit Electrical Industry Training Center Inc reports $5.5M in annual revenue and holds $7.2M in total assets, based on IRS filings.

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Metro Detroit Electrical Industry Training Center Inc โ€” Madison Hts, MI | GiveScope