DETROIT, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)DETROIT EMPLOYMENT SOLUTIONS CORPORATION, founded in 2012, is a mid-sized nonprofit in the Employment sector that reported $72.6M in total revenue in fiscal year 2024. Revenue decreased 14% compared to the prior year.
THE MISSION OF DESC IS TO CULTIVATE LOCAL WORKFORCE TALENT TO ALIGN WITH THE NEEDS OF THE BUSINESS COMMUNITY THROUGH PARTNERSHIPS WITH KEY WORKFORCE AGENCIES, FAITH- AND COMMUNITY- BASED ORGANIZATIONS, EDUCATION AND TRAINING INSTITUTIONS, AND PHILANTHROPIC, ECONOMIC DEVELOPMENT AND GOVERNMENT ENTITIES.
WORKFORCE INNOVATION AND OPPORTUNITY ACT (WIOA) IS A UNITED STATES PUBLIC LAW THAT REPLACED THE PREVIOUS WORKFORCE INVESTMENT ACT OF 1998 (WIA) AS THE PRIMARY FEDERAL WORKFORCE DEVELOPMENT...
WORKFORCE INNOVATION AND OPPORTUNITY ACT (WIOA) IS A UNITED STATES PUBLIC LAW THAT REPLACED THE PREVIOUS WORKFORCE INVESTMENT ACT OF 1998 (WIA) AS THE PRIMARY FEDERAL WORKFORCE DEVELOPMENT LEGISLATION TO BRING ABOUT INCREASED COORDINATION AMONG FEDERAL WORKFORCE DEVELOPMENT AND RELATED PROGRAMS. DESC USES WIOA FUNDS TO PROVIDE CAREER, TRAINING AND SUPPORTIVE SERVICES TO APPROXIMATELY 3,000 ADULT AND YOUTH RESIDENTS EACH YEAR. THEY PARTICIPATE IN JOB READINESS WORKSHOPS, OCCUPATIONAL TRAINING, CAREER PLANNING AND JOB PLACEMENT SERVICES.
TEMPORARY ASSISTANCE FOR NEEDY FAMILIES (TANF) IS A FEDERAL ASSISTANCE PROGRAM OF THE UNITED STATES. IT BEGAN ON JULY 1, 1997 AND SUCCEEDED THE AID TO FAMILIES WITH DEPENDENT CHILDREN (AFDC) PROGRAM...
TEMPORARY ASSISTANCE FOR NEEDY FAMILIES (TANF) IS A FEDERAL ASSISTANCE PROGRAM OF THE UNITED STATES. IT BEGAN ON JULY 1, 1997 AND SUCCEEDED THE AID TO FAMILIES WITH DEPENDENT CHILDREN (AFDC) PROGRAM, PROVIDING CASH ASSISTANCE TO INDIGENT AMERICAN FAMILIES THROUGH THE UNITED STATES DEPARTMENT OF HEALTH AND HUMAN SERVICES. THE STATE OF MICHIGAN USES TANF FUNDS TO SUPPORT THE PATH (PARTNERSHIP. ACCOUNTABILITY. TRAINING. HOPE.) PROGRAM THAT DELIVERS WORKFORCE SERVICES TO CUSTODIAL PARENTS ON CASH ASSISTANCE. THROUGH PATH, CUSTOMERS ENGAGE IN WORK RELATED ACTIVITIES INCLUDING JOB READINESS WORKSHOPS, WORK EXPERIENCE, COMMUNITY SERVICE, OCCUPATIONAL TRAINING, JOB SEARCH AND JOB PLACEMENT. WE SERVE APPROXIMATELY 4,000 INDIVIDUALS PER YEAR.
THE JUMPSTART PROGRAM - DESC SERVES AS THE SUBRECIPIENT, FIDUCIARY AND ADMINISTRATOR ON BEHALF OF THE CITY OF DETROIT FOR THE ARPA FUNDED JUMPSTART PROGRAM THAT SUPPORTS AND RESPONDS TO THE ECONOMIC...
THE JUMPSTART PROGRAM - DESC SERVES AS THE SUBRECIPIENT, FIDUCIARY AND ADMINISTRATOR ON BEHALF OF THE CITY OF DETROIT FOR THE ARPA FUNDED JUMPSTART PROGRAM THAT SUPPORTS AND RESPONDS TO THE ECONOMIC IMPACT OF COVID BY CONNECTING INDIVIDUALS TO JOB PLACEMENT, WORK READINESS TRAINING, AND/OR EDUCATION PROGRAMS TO INCREASE THE SKILLSETS FOR THOSE WHO HAVE BEEN UNDEREMPLOYED FOR AT LEAST 24 WEEKS. THE PROGRAM REQUIRES PARTICIPANTS TO UNDERTAKE AN EMPLOYMENT OR SKILLS TRAINING OPPORTUNITY IN ADDITION TO ATTENDING JOB READINESS TRAINING AND FINANCIAL LITERACY WORKSHOPS. PARTICIPANTS WILL RECEIVE STIPENDS TO ASSIST WITH COMMON BARRIERS TO SUCCESS, SUCH AS HOUSING, TRANSPORTATION, AND/OR CHILDCARE COSTS. TO HELP PARTICIPANTS PROGRESS THROUGH THE PROGRAM, PARTICIPANTS WILL WORK WITH A CASE MANAGER OR IN-DETROIT ORGANIZATION (IDO) FOR RESOURCES SUPPORT. TO ENSURE IDOS ARE POSITIONED TO PROVIDE HELPFUL INFORMATION AND SUPPORT PARTICIPANTS DURING RECRUITMENT, DESC COORDINATES PERIODIC TRAININGS TO IDOS TO BOOST PUBLIC PROGRAM KNOWLEDGE. THE JUMPSTART PROGRAM SUPPORTS INDIVIDUALS WHO HAVE BEEN OUT OF THE WORKFORCE AND EDUCATION FOR 24 WEEKS OR MORE AND WILL PROVIDE THEM WITH INCENTIVES AND ADDITIONAL SUPPORT TO INCREASE THE LIKELIHOOD OF SUCCESS IN THE WORKFORCE THAT REMAIN IN THE PROGRAM FOR UP TO 18 MONTHS AS THEY COMPLETE THEIR CHOSEN EDUCATIONAL, TRAINING, OR WORK EXPERIENCE. PROGRAM ENDED JUNE 30, 2025.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $72,561,677 | $84,390,253 | -0.1% |
| Expenses | $79,055,522 | $88,235,463 | -0.1% |
| Net Income | $-6,493,845 | $-3,845,210 | +0.7% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| MARK REDMAN | MEMBER-AT-LARGE | 0.50 |
Director
|
$0 | $0 | $0 |
| PAUL TRULIK | MEMBER-AT-LARGE | 0.50 |
Director
|
$0 | $0 | $0 |
| MATT CROSS | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| RIAN BARNHILL | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| JOHN PERKINS | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| RIC PREUSS | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| GAIL TAYLOR | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| TERRI WEEMS | DIRECTOR | 0.50 |
Director
|
$19,000 | $0 | $19,000 |
| CHRIS UHL | TREASURER | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| LENA BARKLEY | SECRETARY | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| DANNIS MITCHELL | VICE CHAIR | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| ALICE THOMPSON | CHAIR | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| DANA WILLIAMS | PRESIDENT & CEO | 40.00 |
Officer
|
$166,349 | $27,193 | $193,542 |
| TRACI SASSAK | CFO (ENDED 12/2024) | 40.00 |
Officer
|
$160,384 | $14,266 | $174,650 |
| DIANA PROSI | DETROIT AT WORK BRAND MANAGER | 40.00 |
Highest
|
$166,740 | $14,853 | $181,593 |
| NNEKA CARTER | SUPPORTIVE SERVICES DIRECTOR | 40.00 |
Highest
|
$145,450 | $8,577 | $154,027 |
| STEPHANIE NIXON | CHIEF PROGRAM OFFICER | 40.00 |
Highest
|
$143,409 | $19,322 | $162,731 |
| TODD DRYSDALE | DIRECTOR OF FINANCE & ACCOUNTING | 40.00 |
Highest
|
$140,792 | $8,788 | $149,580 |
| SARA AZU | CHIEF ADMINISTRATIVE OFFICER | 40.00 |
Highest
|
$136,918 | $6,772 | $143,690 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $72,561,677 | $79,055,522 | $17,356,468 | $-6,493,845 |
| 2024 | $84,390,253 | $88,235,463 | $23,560,838 | $-3,845,210 |
| 2023 | $77,242,425 | $76,646,039 | $26,508,257 | $596,386 |
| 2022 | $61,743,492 | $67,729,669 | $25,202,052 | $-5,986,177 |
| 2021 | $74,043,951 | $64,660,183 | $24,331,271 | $9,383,768 |
| 2020 | $58,996,318 | $55,388,298 | $14,238,847 | $3,608,020 |
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