SHELBY TOWNSHIP, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)DIPLOMA EQUITY PROJECT, founded in 2021, is a community nonprofit in the Education sector that reported $1.5M in total revenue in fiscal year 2024. Revenue surged 59% from the prior year, signaling strong growth momentum. Expenses of $1.3M left a modest 13% surplus.
THE ORGANIZATION WORKS WITH K-12, HIGHER EDUCATION AND OTHER COMMUNITY PARTNERS TO DESIGN AND IMPLEMENT PROGRAMS TO IMPROVE RATES OF COLLEGE PERSISTENCE AND COMPLETION.
DIPLOMA EQUITY PROJECT DEP SUPPORTED A NUMBER OF INITIATIVES AIMED AT INCREASING THE COLLEGE COMPLETION RATES OF BOTH DETROITERS AND MICHIGANDERS IN SUPPORT OF THE STATES 60 HIGHER EDUCATION...
DIPLOMA EQUITY PROJECT DEP SUPPORTED A NUMBER OF INITIATIVES AIMED AT INCREASING THE COLLEGE COMPLETION RATES OF BOTH DETROITERS AND MICHIGANDERS IN SUPPORT OF THE STATES 60 HIGHER EDUCATION ATTAINMENT BY 2030 GOAL AS WELL AS CLOSING THE COMPLETION GAPS FOR STUDENTS BASED ON RACE, INCOME AND GEOGRAPHY. DEP FACILITATED PARTNERSHIPS WITH SEVEN MICHIGAN UNIVERSITIES AND COMMUNITY COLLEGES AIMED AT REDESIGNING THEIR EXISTING STUDENT SUPPORT SYSTEMS TO BETTER SERVE FIRST-GENERATION STUDENTS AND RETURNING ADULT LEARNERS. ADDITIONALLY, DEP CONTINUED ITS SUPPORT OF DEGREE FORWARD, A COMPETENCY-BASED DEGREE PROGRAM THROUGH SOUTHERN NEW HAMPSHIRE UNIVERSITY THAT PROVIDES A FAST, FLEXIBLE, AND ACCREDITED DEGREE PROGRAM FOR WORKING ADULTS AND PAIRS THE ONLINE PROGRAMMING WITH THE WRAP AROUND SUPPORTS ADULT STUDENTS NEED TO BE SUCCESSFUL LIKE CHILDCARE, TRANSPORTATION, AND SUCCESS COACHING.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $1,540,611 | $971,626 | +0.6% |
| Expenses | $1,345,881 | $839,455 | +0.6% |
| Net Income | $194,730 | $132,171 | +0.5% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| MELISSA HAMANN | EXECUTIVE DIRECTOR | 040.00 |
Officer
Director
|
$0 | $0 | $0 |
| KHARY TURNER | PRESIDENT | 002.00 |
Officer
Director
|
$0 | $0 | $0 |
| JACK ELSEY | SECRETARY | 002.00 |
Officer
Director
|
$0 | $0 | $0 |
| DOUG ROSS | TREASURER | 020.00 |
Officer
Director
|
$0 | $0 | $0 |
| CAROL GOSS | MEMBER | 002.00 |
Director
|
$0 | $0 | $0 |
| MACHION JACKSON | MEMBER | 002.00 |
Director
|
$0 | $0 | $0 |
| ANGIE REYES | MEMBER | 002.00 |
Director
|
$0 | $0 | $0 |
| SHIRLEY STANCATO | MEMBER | 002.00 |
Director
|
$0 | $0 | $0 |
| JOHN WALSH | MEMBER | 002.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $1,540,611 | $1,345,881 | $847,805 | $194,730 |
| 2024 | $971,626 | $839,455 | $606,958 | $132,171 |
| 2023 | $1,256,480 | $1,139,001 | $492,491 | $117,479 |
| 2022 | $1,038,045 | $682,177 | $449,299 | $355,868 |
Compare DIPLOMA EQUITY PROJECT with other nonprofits in Michigan and across the country.