The Detroit Equity Report Inc

EIN: 842506463 501(c)(3) Employment

Detroit, MI

Total Revenue
$10,100
Total Expenses
$92
Total Assets
$10,008
Net Assets
$10,008
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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
2019
Legal Domicile
MI
Tax Period
2020-01-01 to 2020-12-31

The Detroit Equity Report Inc, founded in 2019, is a micro nonprofit in the Employment sector that reported $10K in total revenue in fiscal year 2020. Revenue surged 531% from the prior year, signaling strong growth momentum. The organization ran a surplus of $10K, a strong 99% operating margin.

Mission

To promote equality and inclusion in society.

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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 (2020)

Revenue Breakdown

Contributions & Grants $10,100
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $10,100

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $92
TOTAL EXPENSES $92

Year-over-Year Comparison

2020 2019 Change
Revenue $10,100 $1,600 +5.3%
Expenses $92 $1,600 -0.9%
Net Income $10,008 N/A 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
2
Independent Members
1
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
0
$0
Total Directors
0
$0
Key Employees
1
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Bertram L Marks Chief Legal Officer 0.00
Key Emp
$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
2020 $10,100 $92 $10,008 $10,008
2019 $1,600 $1,600 No data No data
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