NATIONAL SALES NETWORK OF GREATER DETROIT

EIN: 383373105

DETROIT, MI

Total Revenue
$698
Total Expenses
$6,978
Total Assets
$2,386
Net Assets
$2,386
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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
1997
Legal Domicile
MI
Principal Officer
LOLITA MCGLORY
Phone
2488093377
Tax Period
2019-01-01 to 2019-12-31

NATIONAL SALES NETWORK OF GREATER DETROIT, founded in 1997, is a micro nonprofit that reported $698 in total revenue in fiscal year 2019. Expenses of $7K exceeded revenue, resulting in a 900% operating deficit.

Mission

EDUCATION CAREER DEVELOPMENT SKILLS AND TRAINING

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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%)

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Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $698
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $698

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $6,426
Other Expenses $6,978
TOTAL EXPENSES $6,978

Year-over-Year Comparison

2019 2018 Change
Revenue $698 $698 N/A
Expenses $6,978 $9,972 -0.3%
Net Income $-6,280 $-9,274 -0.3%
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

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Governance

Voting Members
N/A
Independent Members
N/A
Employees
N/A
Volunteers
10

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
1
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LOLITA MCGLORY PRESIDENT 3.00
Officer
$0 $0 $0
CARLTON ORSE BOARD MEMBER 1.00
Director
$0 $0 $0
SHARRON SEAWARD BOARD MEMBER 1.00
Director
$0 $0 $0
RITA JORDAN BOARD MEMBER 1.00
Director
$0 $0 $0
TONY KINSEY BOARD MEMBER 1.00
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
2019 $698 $6,978 $2,386 $-6,280
2018 $8,418 $9,972 $8,666 $-1,554
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