J โ€” EmploymentEIN: 842514445ยท Ruling Year: 2019

Black Leaders Detroit

Detroit, Michigan

A-Health Score
83A-

Financial Health Score

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

Very Good

๐Ÿ’ฐ
$2.1M
Total Revenue
๐Ÿ“Š
$1.3M
Total Expenses
๐Ÿฆ
$1.7M
Net Assets
๐Ÿ“‹
$127K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+55.5%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+37.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.31
Net assets divided by total expenses
Liabilities-to-Assets
7.0%
Total liabilities as % of total assets

Filing History

4 filings on record
YearRevenueExpensesAssets
2023$2,083,363โ†‘56%$1,292,932โ†‘60%$1,819,655โ†‘72%
2022$1,339,620โ†‘65%$809,254โ†‘52%$1,055,094โ†‘184%
2021$814,177โ†‘143%$531,779โ†‘108%$371,602โ†‘337%
2020$335,601$255,855$84,975

Frequently Asked Questions

What does Black Leaders Detroit do?โ–ผ

Black Leaders Detroit is a employment nonprofit organization based in Michigan. It is classified under NTEE code J01 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Black Leaders Detroit financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Black Leaders Detroit has a score of 83/100 (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 Black Leaders Detroit generate?โ–ผ

Black Leaders Detroit reports $2.2M in annual revenue and holds $2.7M in total assets, based on IRS filings.

Similar Organizations

Explore more organizations in the Employment category, or browse all nonprofits in Michigan.

Black Leaders Detroit โ€” Detroit, MI | GiveScope