THE DETROIT ASSOCIATION OF BLACK ORG DABO (EIN 473081843) - 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

1997

Legal Domicile

Principal Officer

HORACE SHEFFIELD

Phone

3134910003

Tax Period

2023-01-01 to 2023-12-31

THE DETROIT ASSOCIATION OF BLACK ORG DABO, founded in 1997, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $4.5M in total revenue in fiscal year 2023. Expenses of $4.0M left a modest 10% surplus.

Mission

TO BUILD COMMUNITIES BY ENHANCING THE CAPABILITIES OF OTHER COMMUNITY ORGANIZATIONS

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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 $4,315,227

Program Service Revenue $7,987

Investment Income $0

Other Revenue $156,699

TOTAL REVENUE $4,479,913

Expense Breakdown

Grants Paid $910,511

Salaries & Benefits $198,984

Fundraising Expenses $298,120

Program Expenses $3,184,879

Other Expenses $2,934,332

TOTAL EXPENSES $4,043,827

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,479,913	$4,496,601	0.0%
Expenses	$4,043,827	$4,048,967	0.0%
Net Income	$436,086	$447,634	0.0%

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

142

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

$44,031

Total Directors

$44,031

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HORACE SHEFFIELD	PRESIDENT	040.00	Officer Director	$44,031	$0	$44,031
STEPHANIE BENNETT PRIDE	MEMBER	002.00	Director	$0	$0	$0
MARY BRAZELTON	MEMBER	002.00	Director	$0	$0	$0
MONIQUE BRYANT	MEMBER	002.00	Director	$0	$0	$0
TESHAYLA COATES	MEMBER	002.00	Director	$0	$0	$0
BILL COLEMAN	MEMBER	002.00	Director	$0	$0	$0
ED COLLINS	MEMBER	002.00	Director	$0	$0	$0
WILLIE DICKERSON	MEMBER	002.00	Director	$0	$0	$0
IVE EDWARDS	MEMBER	002.00	Director	$0	$0	$0
IRICE ELLIS-CRENSHAW	MEMBER	002.00	Director	$0	$0	$0
JOSEPH FAKOURY	MEMBER	002.00	Director	$0	$0	$0
DAVID FELTON	MEMBER	002.00	Director	$0	$0	$0
SHAWNA FORBES-HENRY	MEMBER	002.00	Director	$0	$0	$0
CYNTHIA HARRIS	MEMBER	002.00	Director	$0	$0	$0
BEVERLYN HILTON	MEMBER	002.00	Director	$0	$0	$0
LAYCEE HORN	MEMBER	002.00	Director	$0	$0	$0
MINOU JONES	MEMBER	002.00	Director	$0	$0	$0
VALARIE LAMB	MEMBER	002.00	Director	$0	$0	$0
ALLEN LONGFORD	MEMBER	002.00	Director	$0	$0	$0
AMOR LEAK	MEMBER	002.00	Director	$0	$0	$0
DYSHOWN LESLIE	MEMBER	002.00	Director	$0	$0	$0
RON LOCKETT	MEMBER	002.00	Director	$0	$0	$0
MELODY MAGEE	MEMBER	002.00	Director	$0	$0	$0
JT MAPLES	MEMBER	002.00	Director	$0	$0	$0
MELVIE MATHEWS	MEMBER	002.00	Director	$0	$0	$0
DEANN MULLINS	MEMBER	002.00	Director	$0	$0	$0
WILLIAM REVELY	MEMBER	002.00	Director	$0	$0	$0
ANTEYA ROBINSON	MEMBER	002.00	Director	$0	$0	$0
VICTOR SHARP	MEMBER	002.00	Director	$0	$0	$0
KIMBERLY TAYLOR	MEMBER	002.00	Director	$0	$0	$0
SONE TRAMBLE	MEMBER	002.00	Director	$0	$0	$0
DEBRA ANDERSON	MEMBER	002.00	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	No data	No data	No data	No data
2023	$4,479,913	$4,043,827	$1,463,669	$436,086
2022	$4,496,601	$4,048,967	$883,451	$447,634
2021	$1,935,579	$1,942,218	$174,773	$-6,639
2020	$1,211,914	$1,142,850	$212,315	$69,064
2019	$559,354	$534,679	$239,782	$24,675
2018	$477,572	$471,526	$215,107	$6,046

THE DETROIT ASSOCIATION OF BLACK ORG DABO