Nortown Community Development

990 • Fiscal year 2018 • EIN 38-3031512

Jan 01, 2018 to Dec 31, 2018

Organization Profile www.nortowncdc.org

Detroit, MI

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

0.04x

Higher debt load relative to assets than 72% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

0.18x

Higher debt load relative to revenue than 87% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

18%

Higher net margin than 74% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

No value available

This filing does not contain officer compensation rows.

Source year 2018

4.3%

Faster asset growth than 55% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

263%

Faster revenue growth than 97% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet

Liabilities / Assets72nd percentile

Assets

$153,323

Up $6,304 (+4.3%) from 2017

Net Assets

$147,269

Up $6,022 (+4.3%) from 2017

Liabilities

$6,054

Up $282 (+4.9%) from 2017

Revenue And Expenses

Liabilities / Revenue87th percentile Net Margin74th percentile

Revenue

$32,857

Up $23,804 (+263%) from 2017

Expenses

$26,835

Up $5,954 (+29%) from 2017

Net Income

$6,022

Up $17,850 (+151%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth55th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

Highlighted filing

2018

Assets$153,323

Liabilities$6,054

Net Assets$147,269

Open 2018 Filing

Operations Trend

Revenue Growth97th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

Highlighted filing

2018

Revenue$32,857

Expenses$26,835

Net Income$6,022

Open 2018 Filing

Filing Detail Status

This 2018 filing currently has summary financial data only. Detailed schedules, leadership, and program rows are not available for this filing yet.

View Latest Detailed Filing (2024)

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Filing Snapshot

Filing Period: Jan 1, 2018 to Dec 31, 2018

Mission and Program Overview

Mission

As a 501(c)(3) tax-exempt organization, Nortown serves as a place-based collaborative to develop and foster safe and affordable housing, historic preservation, business retention and expansion, educational, recreational, cultural, and job opportunities in Northeast Detroit. These ideals raise and stabilize the economic, environmental, educational, and social levels of its neighborhood constituents, especially minority and low to moderate income persons.

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Summary only. Only limited summary data is available for this year.

Open filing

Assets: $153,323
Liabilities: $6,054
Net assets: $147,269
Revenue: $32,857
Expenses: $26,835
Net income: $6,022

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024Detailed filing. Detailed filing data is available for this year.	$9.60	$0.16	$9.44	$1.64	$0.34	$1.98
2023Detailed filing. Detailed filing data is available for this year.	$1.21	$0.15	$1.07	$0.40	$0.32	$0.07
2022Detailed filing. Detailed filing data is available for this year.	$1.14	$0.15	$0.99	$0.13	$0.31	$0.18
2021Detailed filing. Detailed filing data is available for this year.	$1.22	$0.05	$1.17	$0.17	$0.30	$0.13
2020Detailed filing. Detailed filing data is available for this year.	$1.40	$0.10	$1.30	$0.31	$0.32	$0.01
2018Summary only. Only limited summary data is available for this year.	$1.53	$0.06	$1.47	$0.33	$0.27	$0.06
2017Summary only. Only limited summary data is available for this year.	$1.47	$0.06	$1.41	$0.09	$0.21	$0.12
2011Summary only. Only limited summary data is available for this year.	$2.47	$0.02	$2.46	$0.16	$0.73	$0.56