DETROIT HIVES INC (EIN 812198745) - Form 990 Financial Analysis & Trantor Score

🔒

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

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.

🔒

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%)

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

🔒

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

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

DETROIT HIVES INC