FAIR HOUSING CENTER OF METROPOLITAN DETROIT (EIN 382155505) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1977

Legal Domicile

Principal Officer

STEPHEN TOMKOWIAK

Phone

3135793247

Tax Period

2023-10-01 to 2024-09-30

FAIR HOUSING CENTER OF METROPOLITAN DETROIT, founded in 1977, is a small nonprofit in the Housing & Shelter sector that reported $655K in total revenue in fiscal year 2023. Revenue decreased 13% compared to the prior year. Expenses of $593K left a modest 9% surplus.

Mission

Fair Housing Center of Metropolitan Detroit FHCMD was established in 1977 for the purpose of addressing fair housing issues in the Metropolitan Detroit area.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $608,313

Program Service Revenue $3,500

Investment Income $2,060

Other Revenue $40,689

TOTAL REVENUE $654,562

Expense Breakdown

Grants Paid $0

Salaries & Benefits $428,550

Fundraising Expenses $9,383

Program Expenses $522,822

Other Expenses $163,956

TOTAL EXPENSES $592,506

Year-over-Year Comparison

	2023	2022	Change
Revenue	$654,562	$751,608	-0.1%
Expenses	$592,506	$527,882	+0.1%
Net Income	$62,056	$223,726	-0.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$94,132

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Stephen Tomkowiak	Executive Director	040.00	Officer	$94,132	$0	$94,132
Karlynne Tucker-Scaggs	Chairperson	003.00	Officer Director	$0	$0	$0
Dennis J Varian	Vice Chair	003.00	Officer Director	$0	$0	$0
Noel J Saleh Esq	Vice Chair	003.00	Officer Director	$0	$0	$0
Lucy H Maddox	Secretary	003.00	Officer Director	$0	$0	$0
Vernon L Shadd	Treasurer	003.00	Officer Director	$0	$0	$0
David J Cross Esq	Member	001.00	Director	$0	$0	$0
Terry LWard	Member	001.00	Director	$0	$0	$0
Leah Brewer	Member	001.00	Director	$0	$0	$0
Renae Johnson	Member	001.00	Director	$0	$0	$0
Hector Hernandez	Member	001.00	Director	$0	$0	$0
Gayle S McGregor Esq	Member	001.00	Director	$0	$0	$0
John A Obee Esq	Member	001.00	Director	$0	$0	$0
Sharon L Rhodes	Member	001.00	Director	$0	$0	$0
Freda G Sampson	Member	001.00	Director	$0	$0	$0
Lindsay Yousif CRCM	Member	001.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$654,562	$592,506	$1,330,141	$62,056
2023	$751,608	$527,882	$1,230,235	$223,726
2022	$871,728	$496,549	$990,729	$375,179
2022	$884,502	$499,075	$992,641	$385,427
2021	$471,924	$446,386	$624,956	$25,538
2020	$510,228	$365,143	$588,967	$145,085
2019	$582,348	$394,383	$535,972	$187,965
2018	$343,874	$416,869	$299,606	$-72,995

FAIR HOUSING CENTER OF METROPOLITAN DETROIT