Detroit Development Fund
Detroit, Michigan
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Very Good
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $4,151,318↑28% | $2,690,924↑12% | $20,285,195↑12% | — |
| 2022 | $3,234,640↑10% | $2,405,692↑9% | $18,151,383↓7% | — |
| 2021 | $2,941,920↓9% | $2,203,336↓28% | $19,500,518↑1% | — |
| 2020 | $3,242,938↑114% | $3,039,382↓8% | $19,308,406↑3% | — |
| 2019 | $1,512,237↓15% | $3,301,507↓8% | $18,710,763↓15% | — |
| 2018 | $1,781,233↓74% | $3,588,923↓2% | $22,095,710↓11% | — |
| 2017 | $6,935,859↑35% | $3,660,598↑24% | $24,841,420↑16% | — |
| 2016 | $5,125,474↓19% | $2,959,883↑18% | $21,380,112↑11% | — |
| 2015 | $6,350,689↑173% | $2,503,224↑14% | $19,213,585↑20% | — |
| 2014 | $2,322,701↑80% | $2,192,548↓10% | $16,037,303↑2% | — |
| 2013 | $1,291,498↑13% | $2,433,115↑36% | $15,680,672↓6% | — |
| 2012 | $1,138,804↓31% | $1,783,785↓6% | $16,645,115↑5% | — |
| 2011 | $1,656,022 | $1,889,369 | $15,820,069 | — |
Frequently Asked Questions
What does Detroit Development Fund do?▼
Detroit Development Fund is a community improvement & capacity building nonprofit organization based in Michigan. It is classified under NTEE code S43 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Detroit Development Fund financially healthy?▼
Based on our 9-metric Financial Health Score model, Detroit Development Fund has a score of 80/100 (Grade: A-). 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 Detroit Development Fund generate?▼
Detroit Development Fund reports $4.9M in annual revenue and holds $19.9M in total assets, based on IRS filings.
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