CENTER FOR AUTOMOTIVE DIVERSITY INCLUSION & ADVANCEMENT INC

EIN: 843605425 501(c)(3)

LIVONIA, MI

Total Revenue
$356,977
Total Expenses
$361,361
Total Assets
$361
Net Assets
$361
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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

Principal Officer
MARGARET BAXTER
Tax Period
2021-01-01 to 2021-12-31

CENTER FOR AUTOMOTIVE DIVERSITY INCLUSION & ADVANCEMENT INC is a small nonprofit that reported $357K in total revenue in fiscal year 2021. Revenue surged 86% from the prior year, signaling strong growth momentum.

Mission

THE CORE MISSION OF THE CORPORATION IS TO CREATE AND ENGAGE IN EDUCATION SERVICES FOR THE PUBLIC WHO ARE AMBITIOUS AND EMERGING LEADERS IN AUTOMOTIVE, BUT IT IS NOT FOR THE PRINCIPAL PURPOSE OF CAREER ADVANCEMENT OF ANY PARTICULAR PERSON. THE CORPORATION WILL PROVIDE INSTRUCTION OR TRAINING OF INDIVIDUALS WHO ARE MEMBERS OF THE GENERAL PUBLIC FOR THE PURPOSE OF DEVELOPING AND IMPROVING HIS OR HER CAPABILITIES.

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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 (2021)

Revenue Breakdown

Contributions & Grants $212,667
Program Service Revenue $143,910
Investment Income $400
Other Revenue $0
TOTAL REVENUE $356,977

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $297,279
Other Expenses $361,361
TOTAL EXPENSES $361,361

Year-over-Year Comparison

2021 2020 Change
Revenue $356,977 $192,437 +0.9%
Expenses $361,361 $114,607 +2.2%
Net Income $-4,384 $77,830 -1.1%
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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MIKE BASTIAN TREASURER N/A
Officer Director
$0 $0 $0
MARGARET BAXTER VICE PRESIDE N/A
Officer Director
$0 $0 $0
CHERYL THOMPSON PRESIDENT N/A
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
2021 $356,977 $361,361 $361 $-4,384
2020 $192,437 $114,607 $99,551 $77,830
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