COMMUNITY DEVELOPMENT ADVOCATES OF DETROIT

EIN: 383465670 501(c)(3) Community Improvement

DETROIT, MI

Total Revenue
$3,143,144
Total Expenses
$2,900,193
Total Assets
$2,885,447
Net Assets
$1,856,379
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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

Principal Officer
MADHAVI REDDY
Phone
3138324620
Tax Period
2024-01-01 to 2024-12-31

COMMUNITY DEVELOPMENT ADVOCATES OF DETROIT is a community nonprofit in the Community Improvement sector that reported $3.1M in total revenue in fiscal year 2024. Revenue surged 70% from the prior year, signaling strong growth momentum. Expenses of $2.9M left a modest 8% surplus.

Mission

A MEMBERSHIP ORGANIZATION FOR COMMUNITY DEVELOPMENT AND NEIGHBORHOOD IMPROVEMENT GROUPS, ENHANCING THE CAPACITY AND EFFECTIVENESS OF ITS MEMBERS AND DETROIT RESIDENTS THROUGH ADVOCACY, TRAINING, TECHNICAL ASSISTANCE, INFORMATION SHARING, EDUCATION, AND FACILITATING COMMON ACTION. 2

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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 (2024)

Revenue Breakdown

Contributions & Grants $3,142,947
Program Service Revenue $70
Investment Income $127
Other Revenue $0
TOTAL REVENUE $3,143,144

Expense Breakdown

Grants Paid $1,337,671
Salaries & Benefits $835,439
Fundraising Expenses $31,056
Program Expenses $2,658,338
Other Expenses $727,083
TOTAL EXPENSES $2,900,193

Year-over-Year Comparison

2024 2023 Change
Revenue $3,143,144 $1,849,984 +0.7%
Expenses $2,900,193 $1,905,832 +0.5%
Net Income $242,951 $-55,848 -5.4%
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
14
Independent Members
14
Employees
10
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
1
$110,000
Total Directors
14
$202,700
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MADHAVI REDDY EXECUTIVE DI 40.00
Officer Director
$110,000 $0 $110,000
MELISSA RIOS DEPUTY DIREC 40.00
Director
$92,700 $0 $92,700
MELINDA CLEMONS TRUSTEE N/A
Director
$0 $0 $0
ERIC DUEWEKE TRUSTEE N/A
Director
$0 $0 $0
PHYLLIS EDWARDS TRUSTEE N/A
Director
$0 $0 $0
MARCIA D SPOVEY ESQ TRUSTEE N/A
Director
$0 $0 $0
JEANNIE HATCHER TRUSTEE N/A
Director
$0 $0 $0
CHRISTOPHER JOHNSON TRUSTEE N/A
Director
$0 $0 $0
CAITLIN MURPHY TRUSTEE N/A
Director
$0 $0 $0
TONYA MYERS PHILLIPS TRUSTEE N/A
Director
$0 $0 $0
MICHAEL RANDALL TRUSTEE N/A
Director
$0 $0 $0
GARY RINGER TRUSTEE N/A
Director
$0 $0 $0
RIEANNA STEWART TRUSTEE N/A
Director
$0 $0 $0
ANGLEA WILSON TRUSTEE N/A
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 $3,143,144 $2,900,193 $2,885,447 $242,951
2023 $1,849,984 $1,905,832 $2,615,547 $-55,848
2022 $1,382,169 $1,779,146 $2,847,071 $-396,977
2021 $2,107,098 $1,138,438 $2,055,935 $968,660
2020 $1,267,646 $1,305,519 $1,121,404 $-37,873
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