Connect Detroit
Detroit, Michigan
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
14 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $8,663,980↓9% | $9,127,789↓1% | $1,286,895↓28% | |
| 2022 | $9,571,498↑40% | $9,244,037↑49% | $1,779,055↑44% | — |
| 2021 | $6,855,540↑12% | $6,196,273↓4% | $1,231,403↑55% | — |
| 2020 | $6,140,108↓15% | $6,421,880↓20% | $795,780↓15% | — |
| 2019 | $7,236,682↓13% | $7,980,473↑2% | $941,343↓41% | — |
| 2018 | $8,331,455↑9% | $7,830,785↑10% | $1,588,996↑39% | — |
| 2017 | $7,608,967↑165% | $7,127,835↑96% | $1,139,980↑73% | — |
| 2016 | $2,875,434↓52% | $3,645,053↓33% | $659,974↓58% | — |
| 2015 | $6,015,480↑30% | $5,434,671↑13% | $1,567,665↑58% | — |
| 2014 | $4,621,589↑1% | $4,818,093↑12% | $993,692↓26% | — |
| 2013 | $4,569,316↓19% | $4,287,022↓3% | $1,345,529↓29% | — |
| 2012 | $5,632,596↑48% | $4,427,625↑2% | $1,901,427↑297% | — |
| 2011 | $3,807,051↓43% | $4,356,317↓36% | $478,985↓53% | — |
| 2010 | $6,724,784 | $6,822,100 | $1,028,448 | — |
Frequently Asked Questions
What does Connect Detroit do?▼
Connect Detroit is a community improvement & capacity building nonprofit organization based in Michigan. It is classified under NTEE code S50 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Connect Detroit financially healthy?▼
Based on our 9-metric Financial Health Score model, Connect Detroit has a score of 69/100 (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 Connect Detroit generate?▼
Connect Detroit reports $8.8M in annual revenue and holds $1.5M in total assets, based on IRS filings.
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