NEXUS DETROIT

EIN: 460879742 501(c)(3) Food, Agriculture & Nutrition

DETROIT, MI

Total Revenue
$3,343,000
Total Expenses
$3,343,770
Total Assets
N/A
Net Assets
$-770
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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
2015
Legal Domicile
MI
Principal Officer
HERBERT O ALEXANDER
Tax Period
2020-01-01 to 2020-12-31

NEXUS DETROIT, founded in 2015, is a community nonprofit in the Food, Agriculture & Nutrition sector that reported $3.3M in total revenue in fiscal year 2020.

Mission

WE ARE COMMITTED TO FEEDING, MENTORING, AND PROVIDING HOUSING, AND BUILDING BETTER COMMUNITIES WITH PROGRAMS AND CREATING ALLIANCES TO SUPPORT A SUFFICENT DETROIT.

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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 (2020)

Revenue Breakdown

Contributions & Grants $3,343,000
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $3,343,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $3,331,000
Other Expenses $3,343,770
TOTAL EXPENSES $3,343,770

Year-over-Year Comparison

2020 2019 Change
Revenue $3,343,000 N/A N/A
Expenses $3,343,770 N/A N/A
Net Income $-770 N/A N/A
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
3
Independent Members
3
Employees
N/A
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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DARYL BRADFORD DIRECTOR 0.00
Officer Director
$0 $0 $0
ARRON BRADFORD VICE PRESIDENT 0.00
Officer Director
$0 $0 $0
HERBERT O ALEXANDER PRESIDENT 0.00
Officer 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
2020 $3,343,000 $3,343,770 No data $-770
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