CREATING SPACE DETROIT INC

EIN: 814988516 501(c)(3) Human Services

Detroit, MI

Total Revenue
$30,728
Total Expenses
$8,478
Total Assets
$110,303
Net Assets
$109,003
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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
2017
Legal Domicile
MI
Principal Officer
Joseph Marra
Phone
2485630783
Tax Period
2022-01-01 to 2022-12-31

CREATING SPACE DETROIT INC, founded in 2017, is a micro nonprofit in the Human Services sector that reported $31K in total revenue in fiscal year 2022. Revenue grew 11% year-over-year, indicating healthy expansion. The organization ran a surplus of $22K, a strong 72% operating margin.

Mission

We continued our interior renovations of both the first and second floors of the building. We plan to change the unused, overgrown parts of the Bagley (and surrounding) neighborhoods into safe, usable spaces for the residents of the area. We are transforming a local empty lot into a multi-generational park and an adjacent blighted house into a community center! Long term, we plan to convert the overgrown alleys into maintained and well-lit paths for bicycles and pedestrians. Every neighborhood needs a place to come together. Help us create that for the families and neighbors of the Bagley 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 (2022)

Revenue Breakdown

Contributions & Grants $30,728
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $30,728

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $834
Program Expenses $6,580
Other Expenses $8,478
TOTAL EXPENSES $8,478

Year-over-Year Comparison

2022 2021 Change
Revenue $30,728 $27,594 +0.1%
Expenses $8,478 $10,245 -0.2%
Net Income $22,250 $17,349 +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

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
15

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
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Caroline Pendo-Marra Director 10
Director
$0 $0 $0
Victoria Sahami SecretaryTreasurer 10
Officer
$0 $0 $0
Joe Marra President 10
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
2022 $30,728 $8,478 $110,303 $22,250
2021 $27,594 $10,245 $88,054 $17,349
2020 $35,632 $31,157 $70,705 $4,475
2018 $58,245 $11,598 $47,722 $46,647
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