S — Community Improvement & Capacity BuildingEIN: 450477283· Ruling Year: 2003

Detroit Metropolitan Apartment Association

Bingham Farms, Michigan

B-Health Score
54B-

Financial Health Score

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

Average

💰
$632K
Total Revenue
📊
$632K
Total Expenses
🏦
$132K
Net Assets
📋
$299
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+39.8%
Year-over-year change (2022 → 2023)
Net Margin
+0.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.21
Net assets divided by total expenses
Liabilities-to-Assets
0.2%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$632,201↑40%$632,111↑23%$132,173↓11%
2022$452,143↑24%$513,517↑41%$149,229↓29%
2021$364,390↑22%$364,520↑9%$209,513
2020$297,783↓18%$334,239↓22%$209,542↓24%
2019$364,732↓1%$430,170↓2%$277,121↓14%
2018$368,132↓19%$437,317↑7%$321,766↓17%
2017$454,073↑7%$409,821↑20%$388,978↑14%
2016$425,229↑32%$341,237↑27%$341,363↑26%
2015$321,648↑5%$269,036↑8%$269,955↑35%
2014$307,492↓10%$249,837↓6%$199,814↓4%
2013$342,444↑25%$266,074↑4%$207,147↑72%
2012$273,642↑14%$256,594↑12%$120,339↑59%
2011$239,441$229,734$75,905

Frequently Asked Questions

What does Detroit Metropolitan Apartment Association do?▼

Detroit Metropolitan Apartment Association is a community improvement & capacity building nonprofit organization based in Michigan. It is classified under NTEE code S41 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Detroit Metropolitan Apartment Association financially healthy?▼

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Detroit Metropolitan Apartment Association.

How much revenue does Detroit Metropolitan Apartment Association generate?▼

Detroit Metropolitan Apartment Association reports $846K in annual revenue and holds $555K in total assets, based on IRS filings.

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