SCommunity Improvement & Capacity BuildingEIN: 382433720· Ruling Year: 1982

Detriot Economic Growth Association

Detroit, Michigan

B-Health Score
52B-

Financial Health Score

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

Average

💰
$4.3M
Total Revenue
📊
$4.4M
Total Expenses
🏦
$6.1M
Net Assets
📋
$603K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-22.6%
Year-over-year change (2022 → 2023)
Net Margin
-1.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.40
Net assets divided by total expenses
Liabilities-to-Assets
9.0%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$4,308,77823%$4,371,0377%$6,721,6641%
2022$5,567,04482%$4,723,77685%$6,651,8652%
2021$31,173,419278%$30,958,714245%$6,793,6411%
2020$8,243,96540%$8,962,77045%$6,734,977
2019$5,908,30243%$6,184,17978%$6,758,9428%
2018$4,135,94420%$3,472,9087%$6,271,33812%
2017$3,434,63935%$3,246,84441%$5,603,8641%
2016$5,247,7078%$5,472,7269%$5,547,3238%
2015$5,721,48911%$6,031,5998%$6,009,9806%
2014$6,431,30716%$6,582,17715%$6,378,0991%
2013$7,636,75917%$5,735,92410%$6,286,3696%
2012$6,511,68924%$6,388,11529%$5,951,30412%
2011$8,576,612$8,965,114$6,751,302

Frequently Asked Questions

What does Detriot Economic Growth Association do?

Detriot Economic Growth Association is a community improvement & capacity building nonprofit organization based in Michigan. It is classified under NTEE code S31Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Detriot Economic Growth Association financially healthy?

Based on our 9-metric Financial Health Score model, Detriot Economic Growth Association has a score of 52/100 (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 Detriot Economic Growth Association generate?

Detriot Economic Growth Association reports $6.6M in annual revenue and holds $7.0M in total assets, based on IRS filings.

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