THE TUXEDO PROJECT

EIN: 810862070 501(c)(3) Community Improvement

DETROIT, MI

Total Revenue
$71,715
Total Expenses
$68,823
Total Assets
$-13,376
Net Assets
N/A
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
MI
Principal Officer
ROSE GORMAN
Phone
6462848019
Tax Period
2022-01-01 to 2022-12-31

THE TUXEDO PROJECT, founded in 2015, is a micro nonprofit in the Community Improvement sector that reported $72K in total revenue in fiscal year 2022. Revenue fell 35% from the prior year — a significant decline worth monitoring. Expenses of $69K left a modest 4% surplus.

Mission

Our mission is to revitalize Detroits Tuxedo Street neighborhood through arts education food housing and economic opportunities

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $71,715
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $71,715

Expense Breakdown

Grants Paid $0
Salaries & Benefits $41,160
Fundraising Expenses $11,095
Program Expenses $15,160
Other Expenses $27,663
TOTAL EXPENSES $68,823

Year-over-Year Comparison

2022 2021 Change
Revenue $71,715 $110,240 -0.3%
Expenses $68,823 $122,265 -0.4%
Net Income $2,892 $-12,025 -1.2%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
N/A
Independent Members
N/A
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
1
$0
Total Directors
4
$1,172
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROSE GORMAN RESIDENT FELLOW N/A
Director
$0 $0 $1,172
STEPHEN HENDERSON FOUNDER N/A
Director
$0 $0 $0
JOHN LOGAN ATTORNEY N/A
Director
$0 $0 $0
ANDREW STECHOW COUNSELOR N/A
Officer
$0 $0 $0
RUDOLPH STONISCH BUSINESS COUNSELOR 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
2022 $71,715 $68,823 $-13,376 $2,892
Explore More Nonprofits
→Top 100 Nonprofits in Michigan →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare THE TUXEDO PROJECT with other nonprofits in Michigan and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.