CORKTOWN HEALTH CENTER

EIN: 811350977 501(c)(3) Health Care

DETROIT, MI

Total Revenue
N/A
Total Expenses
$184,607
Total Assets
$1,939,046
Net Assets
$-121,128
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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
2016
Legal Domicile
MI
Principal Officer
ANTHONY WILLIAMS
Phone
3138323300
Tax Period
2023-10-01 to 2024-09-30

Mission

PROMOTE HEALTH CARE SERVICE PROGRAMS TO ESTABLISH, MAINTAIN AND PROMOTE COMMUNITY HEALTH CENTERS AND OUT-OATIENT HEALTH CARE FACILITIES THAT PROVIDE HIGH QUALITY PRIMARY AND SPECIALTY CARE SERVICES TO THE COMMUNITY

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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 (2023)

Revenue Breakdown

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

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $88,338
Other Expenses $184,607
TOTAL EXPENSES $184,607

Year-over-Year Comparison

2023 2022 Change
Revenue N/A N/A N/A
Expenses $184,607 $217,996 -0.2%
Net Income N/A $-217,996 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
2
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GERALD BURNS MEMBER 002.00
Director
$0 $0 $0
TERESA ROSCOE SECRETARY 002.00
Officer Director
$0 $0 $0
ANTHONY WILLIAMS PRESIDENT 002.00
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
2024 No data $184,607 $1,939,046 No data
2023 No data $217,996 $2,357,004 No data
2022 $157,929 $93,327 $1,565,278 $64,602
2021 $209,703 $205,928 $1,425,642 $3,775
2020 $326,838 $282,626 $1,493,244 $44,212
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