DETROIT HIVES INC

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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

Tax Period

2023-01-01 to 2023-12-31

DETROIT HIVES INC, founded in 2016, is a small nonprofit in the Public & Societal Benefit sector that reported $283K in total revenue in fiscal year 2023. Revenue decreased 11% compared to the prior year. Expenses of $345K exceeded revenue, resulting in a 22% operating deficit.

Mission

DETROIT HIVES IS COMMITED TO CREATING SUSTAINABLE COMMUNITIES. THEY STRIVE TO TRANSFORM VACANT LOTS INTO POLLINATOR FRIENDLY SPACES.

Program Service Accomplishments

Program 1

Expenses: $232,161 Revenue: $221,289

THE DETROIT HIVES, INC WAS ESTABLISHED FOR THE PURPOSE OF POSITIVELY IMPACTING THE DETROIT COMMUNITIES. BEE THE CHANGE IS A CONSERVATION FELLOWSHIP DESIGNED TO EMPOWER AND EQUIP DETROITS YOUTH TO...

THE DETROIT HIVES, INC WAS ESTABLISHED FOR THE PURPOSE OF POSITIVELY IMPACTING THE DETROIT COMMUNITIES. BEE THE CHANGE IS A CONSERVATION FELLOWSHIP DESIGNED TO EMPOWER AND EQUIP DETROITS YOUTH TO BECOME COMMUNITY CHANGE AGENTS, SO THEY CAN LEARN HOW TO COMBAT BLIGHT, VACANT LOTS, AND FOOD DESERTS WITHIN THEIR 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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $221,289

Program Service Revenue $0

Investment Income $0

Other Revenue $61,689

TOTAL REVENUE $282,978

Expense Breakdown

Grants Paid $0

Salaries & Benefits $36,182

Fundraising Expenses $0

Program Expenses $232,161

Other Expenses $309,197

TOTAL EXPENSES $345,379

Year-over-Year Comparison

	2023	2022	Change
Revenue	$282,978	$316,306	-0.1%
Expenses	$345,379	$363,107	0.0%
Net Income	$-62,401	$-46,801	+0.3%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TIMOTHY JACKSON	DIRECTOR	0.00	Officer	$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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$282,978	$345,379	$319,452	$-62,401
2022	$316,306	$363,107	$382,015	$-46,801
2021	$263,610	$116,129	$416,957	$147,481
2020	$232,300	$168,794	$218,609	$63,506