Detriot Economic Growth Association
Detroit, Michigan
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Average
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $4,308,778↓23% | $4,371,037↓7% | $6,721,664↑1% | — |
| 2022 | $5,567,044↓82% | $4,723,776↓85% | $6,651,865↓2% | — |
| 2021 | $31,173,419↑278% | $30,958,714↑245% | $6,793,641↑1% | — |
| 2020 | $8,243,965↑40% | $8,962,770↑45% | $6,734,977 | — |
| 2019 | $5,908,302↑43% | $6,184,179↑78% | $6,758,942↑8% | — |
| 2018 | $4,135,944↑20% | $3,472,908↑7% | $6,271,338↑12% | — |
| 2017 | $3,434,639↓35% | $3,246,844↓41% | $5,603,864↑1% | — |
| 2016 | $5,247,707↓8% | $5,472,726↓9% | $5,547,323↓8% | — |
| 2015 | $5,721,489↓11% | $6,031,599↓8% | $6,009,980↓6% | — |
| 2014 | $6,431,307↓16% | $6,582,177↑15% | $6,378,099↑1% | — |
| 2013 | $7,636,759↑17% | $5,735,924↓10% | $6,286,369↑6% | — |
| 2012 | $6,511,689↓24% | $6,388,115↓29% | $5,951,304↓12% | — |
| 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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