Civic Intelligence

Southwest Economic Solutions Inc

990 • Fiscal year 2019 • EIN 46-2252476

Oct 01, 2018 to Sep 30, 2019 • Filed on Aug 17, 2020

Organization ProfileWWW.SWSOL.ORG
5716 Michigan Avenue No 3000Detroit, MI 48210

(313) 841-9641

Siviq Scores

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

Liabilities / Assets

88th percentile

0.77x

Higher debt load relative to assets than 88% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

74th percentile

0.35x

Higher debt load relative to revenue than 74% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

36th percentile

-1.0%

Higher net margin than 36% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2019

Asset Growth

4th percentile

-31%

Faster asset growth than 4% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

15th percentile

-19%

Faster revenue growth than 15% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets88th percentile

Assets

Down

$1,965,091

Down $877,600 (-31%) from 2018

Net Assets

Down

$459,207

Down $755,456 (-62%) from 2018

Liabilities

Down

$1,505,884

Down $122,144 (-7.5%) from 2018

Revenue And Expenses
Liabilities / Revenue74th percentileNet Margin36th percentile

Revenue

Down

$4,360,102

Down $997,591 (-19%) from 2018

Expenses

Down

$4,404,776

Down $98,386 (-2.2%) from 2018

Net Income

Down

-$44,674

Down $899,205 (-105%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth4th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MAssets 2014: $801,515Liabilities 2014: $716,471Net Assets 2014: $85,0442014Assets 2015: $1,299,402Liabilities 2015: $967,154Net Assets 2015: $332,2482015Assets 2016: $1,160,369Liabilities 2016: $1,109,078Net Assets 2016: $51,2912016Assets 2017: $1,970,090Liabilities 2017: $1,609,958Net Assets 2017: $360,1322017Assets 2018: $2,842,691Liabilities 2018: $1,628,028Net Assets 2018: $1,214,6632018Assets 2019: $1,965,091Liabilities 2019: $1,505,884Net Assets 2019: $459,2072019Assets 2020: $1,712,012Liabilities 2020: $1,898,965Net Assets 2020: -$186,9532020Assets 2021: $1,547,756Liabilities 2021: $197,654Net Assets 2021: $1,350,1022021Assets 2022: $1,852,921Liabilities 2022: $76,943Net Assets 2022: $1,775,9782022Assets 2023: $1,904,747Liabilities 2023: $391,411Net Assets 2023: $1,513,3362023Assets 2024: $1,715,831Liabilities 2024: $542,452Net Assets 2024: $1,173,3792024

Highlighted filing

2019

Assets$1,965,091
Liabilities$1,505,884
Net Assets$459,207
Open 2019 Filing

Operations Trend

Revenue Growth15th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2014: $4,910,529Expenses 2014: $4,930,374Net Income 2014: -$19,8452014Revenue 2015: $4,347,615Expenses 2015: $4,100,411Net Income 2015: $247,2042015Revenue 2016: $4,143,163Expenses 2016: $4,424,120Net Income 2016: -$280,9572016Revenue 2017: $4,019,904Expenses 2017: $4,163,551Net Income 2017: -$143,6472017Revenue 2018: $5,357,693Expenses 2018: $4,503,162Net Income 2018: $854,5312018Revenue 2019: $4,360,102Expenses 2019: $4,404,776Net Income 2019: -$44,6742019Revenue 2020: $4,213,608Expenses 2020: $4,703,247Net Income 2020: -$489,6392020Revenue 2021: $3,561,883Expenses 2021: $3,429,484Net Income 2021: $132,3992021Revenue 2022: $3,255,940Expenses 2022: $2,830,064Net Income 2022: $425,8762022Revenue 2023: $2,916,697Expenses 2023: $3,179,339Net Income 2023: -$262,6422023Revenue 2024: $3,386,689Expenses 2024: $3,726,646Net Income 2024: -$339,9572024

Highlighted filing

2019

Revenue$4,360,102
Expenses$4,404,776
Net Income-$44,674
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2018 to Sep 30, 2019
Signed
Aug 17, 2020
Return Version
2018v3.2
Gross Receipts
$4,360,102
Mission and Program Overview

Mission

Southwest economic solutions mission is to provide opportunities for individuals and families to achieve greater economic success.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$2,268,852$675,680▼ $1,593,172
Cash and Non-Interest-Bearing Accounts$372,682$543,922▲ $171,240
Prepaid Expenses and Deferred Charges$13,793$125,640▲ $111,847
Land, Buildings, and Equipment, Net$180,126$100,777▼ $79,349
Total Assets$2,842,691$1,965,091▼ $877,600
Other Assets Total$7,238$519,072▲ $511,834
Liabilities
Other Liabilities$1,324,933$1,258,991▼ $65,942
Accounts Payable and Accrued Expenses$303,095$246,893▼ $56,202
Total Liabilities$1,628,028$1,505,884▼ $122,144
Net Assets / Fund Balance
Temporarily Rstr Net Assets$991,565$991,565→ $0
Unrestricted Net Assets$223,098$-532,358▼ $755,456
Total Net Assets Fund Balance$1,214,663$459,207▼ $755,456
Total Liabilities and Net Assets / Fund Balance$2,842,691$1,965,091▼ $877,600

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$83,127$144,196$227,323
Leasehold Improvements$17,650$6,045$23,695
Other Assets Org$511,834--
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Luis GarciaChairperson
Fred LeebInterim President/CEO - 05/18 to 11/18
John Van CampPresidenth/CEO - Through 05/18
Steven KosudaVice Chairperson
Ahmad EzzeddineDirector
Ashley D McleodDirector
Christopher J LezovichDirector
Linda WestDirector
Lori BahnmuellerDirector
Pierre BattonDirector
Stephen FigliuoloDirector
Hector HernandezExecutive Director
Michelle R ShermanCOO & Treasurer
Niles HeronSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$4,299,333
Program Service Revenue
$60,649
Investment Income
$0
Other Revenue
$120
All Other Contributions
$1,784,821
Change in Net Assets
$-44,674
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,002,753
Other Expenses$1,655,417
Grants and Similar Amounts Paid$746,606
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,595,475--$1,595,475
Fees for Services Management-$959,633-$959,633
Grants to Domestic Orgs$746,606--$746,606
Occupancy$241,988--$241,988
Other Employee Benefits$214,660--$214,660
Payroll Taxes$131,532--$131,532
All Other Expenses$88,353--$88,353
Office Expenses$72,171--$72,171
Pension Plan Contributions$61,086--$61,086
Other Expenses$60,986--$60,986
Advertising$54,592--$54,592
Travel$51,552--$51,552
Depreciation Depletion$42,911--$42,911
Conferences and Meetings$37,375--$37,375
Fees for Services Accounting-$24,600-$24,600
Fees for Services Other$19,059--$19,059
Insurance$2,057--$2,057
Fees for Services Legal-$140-$140
Total Functional Expenses$3,420,403$984,373$0$4,404,776
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Prosperus Detroit MicrolendingDetroit, MI501(c)(3)Flagstar Ad Jp Morgan Chase Funds for Microloan Capital Fund$450,000
Focus HopeDetroit, MI501(c)(3)Workforce Development Partnership$286,606
Southwest Counseling SolutionsDetroit, MI501(c)(3)Support General Operations$10,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Long Term Intercompany Payable$711,484
Related Party Liabilities$547,507
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“Southwest economic solutions is a wholly-owned subsidiary of southwest solutions, the parent company.”

Form 990, Part VI, Section A, Line 7A

“Board members are appointed by southwest solutions board of directors. Nominees are proposed by southwest economic solutions board of directors.”

Form 990, Part VI, Section A, Line 7B

“The southwest solutions board approves certain decisions of southwest economic solutions board of directors including but not limited to the following: budget approval, bylaws revisions, formation of a new company, and capital acquisitions greater than $250,000.”

Form 990, Part VI, Section B, Line 11B

“The 990 was prepared by an independent accounting firm. The 990 was reviewed by the financial controller and provided to the board of directors for their review prior to the filing of the form 990 with the irs.”

Form 990, Part VI, Section B, Line 12C

“Annually the conflict of interest policy is provided to the board members for review and approval. In addition, the disclosure statement is completed on an annual basis by all board members. If there are any conflicts of interest, the board member would abstain from voting. All southwest economic solutions employees and board members are subject to the conflict of interest policy.”

Form 990, Part VI, Section B, Line 15

“Compensation is set by the compensation committee of southwest solutions, a related organization. The agency participates in annual salary surveys based on agencies similar in size and revenues and consults with salary compensation specialists to determine compensation for ceo and key employees. All compensation must be approved by the board of directors. While an annual review is done, salaries are adopted for three years. Compensation was last reviewed in 2017.”

Form 990, Part VI, Section C, Line 19

“Governing documents, conflict of interest policy, and financial statements are made available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Southwest Economic Solutions Inc
EIN
46-2252476
Phone
3138419641
Address
5716 MICHIGAN AVENUE NO 3000, DETROIT, MI 48210

Signing Officer

Name
Michelle R Sherman
Title
Chief Operating Officer
Phone
3138419641
Signed
2020-08-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michelle R Sherman
Formed
2013
Legal Domicile
Mi
Voting Board Members
10
Independent Board Members
10
Employees
54
Volunteers
10

Preparer

Firm
Baker Tilly US Llp
Address
777 E WISCONSIN AVENUE 32ND FLOOR, MILWAUKEE, WI 53202
Preparer
Troy Marine CPA
Phone
4147775500
Raw XML AppendixShowing 400 of 948 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0303095
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0246893
IRS990/AccountsReceivableGrp/BOYAmt02268852
IRS990/AccountsReceivableGrp/EOYAmt0675680
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0SOUTHWEST ECONOMIC SOLUTIONS MISSION IS TO PROVIDE OPPORTUNITIES FOR INDIVIDUALS AND FAMILIES TO ACHIEVE GREATER ECONOMIC SUCCESS.
IRS990/AdvertisingGrp/ProgramServicesAmt054592
IRS990/AdvertisingGrp/TotalAmt054592
IRS990/AllOtherContributionsAmt01784821
IRS990/AllOtherExpensesGrp/ProgramServicesAmt088353
IRS990/AllOtherExpensesGrp/TotalAmt088353
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0MICHELLE R SHERMAN
IRS990/BooksInCareOfDetail/PhoneNum03134813103
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt05716 MICHIGAN AVENUE NO 3000
IRS990/BooksInCareOfDetail/USAddress/CityNm0DETROIT
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MI
IRS990/BooksInCareOfDetail/USAddress/ZIPCd048210
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0372682
IRS990/CashNonInterestBearingGrp/EOYAmt0543922
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt037375
IRS990/ConferencesMeetingsGrp/TotalAmt037375
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt04299333
IRS990/CYGrantsAndSimilarPaidAmt0746606
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt01655417
IRS990/CYOtherRevenueAmt0120
IRS990/CYProgramServiceRevenueAmt060649
IRS990/CYRevenuesLessExpensesAmt0-44674
IRS990/CYSalariesCompEmpBnftPaidAmt02002753
IRS990/CYTotalExpensesAmt04404776
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt04360102
IRS990/DecisionsSubjectToApprovaInd01
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt042911
IRS990/DepreciationDepletionGrp/TotalAmt042911
IRS990/Desc0PROVIDE PRE AND POSTPURCHASE HOMEOWNERSHIP COUNSELING AND EDUCATION TO COMMUNITY RESIDENTS, 772/YEAR.WORKFORCE DEVELOPMENT PROGRAMMING (INTEGRATED EDUCATION AND TRAINING) INCLUDING EARN AND LEARN (93/YEAR), PATH (106/YEAR) AND HOMELESS VETERANS' REINTEGRATION PROGRAM (36/YEAR).PROSPERUS ENTREPRENEUR TRAINING PROGRAMS WHICH PROVIDE BUSINESS DEVELOPMENT TRAINING AND MICROLOANS FOR STARTUP BUSINESSES 232/YEAR.ADULT BASIC EDUCATION INCLUDING GED, ESL AND ABE TO 342/YEAR.FINANCIAL COACHING (BUDGETING, CREDIT BUILDING EDUCATION, DEBT REDUCTION, SAVINGS) FOR ALL ENROLLED IN SWES PROGRAMS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt054
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt03420403
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FederatedCampaignsAmt0257105
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt024600
IRS990/FeesForServicesAccountingGrp/TotalAmt024600
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt0140
IRS990/FeesForServicesLegalGrp/TotalAmt0140
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt0959633
IRS990/FeesForServicesManagementGrp/TotalAmt0959633
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt019059
IRS990/FeesForServicesOtherGrp/TotalAmt019059
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt235.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt31.90
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt433.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt535.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt103.90
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1137.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt124.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt133.90
IRS990/Form990PartVIISectionAGrp/FormerOfcrDirectorTrusteeInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt119133
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1218340
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1312017
IRS990/Form990PartVIISectionAGrp/PersonNm0LUIS GARCIA
IRS990/Form990PartVIISectionAGrp/PersonNm1STEVEN KOSUDA
IRS990/Form990PartVIISectionAGrp/PersonNm2NILES HERON
IRS990/Form990PartVIISectionAGrp/PersonNm3LORI BAHNMUELLER
IRS990/Form990PartVIISectionAGrp/PersonNm4PIERRE BATTON
IRS990/Form990PartVIISectionAGrp/PersonNm5AHMAD EZZEDDINE
IRS990/Form990PartVIISectionAGrp/PersonNm6STEPHEN FIGLIUOLO
IRS990/Form990PartVIISectionAGrp/PersonNm7CHRISTOPHER J LEZOVICH
IRS990/Form990PartVIISectionAGrp/PersonNm8ASHLEY D MCLEOD
IRS990/Form990PartVIISectionAGrp/PersonNm9LINDA WEST
IRS990/Form990PartVIISectionAGrp/PersonNm10FRED LEEB
IRS990/Form990PartVIISectionAGrp/PersonNm11HECTOR HERNANDEZ
IRS990/Form990PartVIISectionAGrp/PersonNm12MICHELLE R SHERMAN
IRS990/Form990PartVIISectionAGrp/PersonNm13JOHN VAN CAMP
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt11148043
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt12213265
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt13141993
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10INTERIM PRESIDENT/CEO - 05/18 TO 11/18
IRS990/Form990PartVIISectionAGrp/TitleTxt11EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12COO & TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt13PRESIDENTH/CEO - THROUGH 05/18
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02013
IRS990/FormerOfcrEmployeesListedInd01
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GovernmentGrantsAmt01923347
IRS990/GrantAmt0746606
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0746606
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0746606
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt04360102
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt010
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt02057
IRS990/InsuranceGrp/TotalAmt02057
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt040
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0150241
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0180126
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0100777
IRS990/LandBldgEquipCostOrOtherBssAmt0251018
IRS990/LegalDomicileStateCd0MI
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0SOUTHWEST ECONOMIC SOLUTIONS MISSION IS TO PROVIDE OPPORTUNITIES FOR INDIVIDUALS AND FAMILIES TO ACHIEVE GREATER ECONOMIC SUCCESS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01214663
IRS990/NetAssetsOrFundBalancesEOYAmt0459207
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-63725
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0241988
IRS990/OccupancyGrp/TotalAmt0241988
IRS990/OfficeExpensesGrp/ProgramServicesAmt072171
IRS990/OfficeExpensesGrp/TotalAmt072171
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt07238
IRS990/OtherAssetsTotalGrp/EOYAmt0519072
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0214660
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0214660
IRS990/OtherExpensesGrp/Desc0PROGRAM COSTS
IRS990/OtherExpensesGrp/ProgramServicesAmt060986
IRS990/OtherExpensesGrp/TotalAmt060986
IRS990/OtherLiabilitiesGrp/BOYAmt01324933
IRS990/OtherLiabilitiesGrp/EOYAmt01258991
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0REIMBURSEMENTS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0120
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0120
IRS990/OtherRevenueTotalAmt0120
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01595475
IRS990/OtherSalariesAndWagesGrp/TotalAmt01595475
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt0131532
IRS990/PayrollTaxesGrp/TotalAmt0131532
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt061086
IRS990/PensionPlanContributionsGrp/TotalAmt061086
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt013793
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0125640
IRS990/PrincipalOfficerNm0MICHELLE R SHERMAN
IRS990/PriorPeriodAdjustmentsAmt0-647057
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0FORECLOSURE MITIGATION
IRS990/ProgramServiceRevenueGrp/Desc1APPLICATION FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt056383
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt14266
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt056383
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt14266
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt05179381
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0163155
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt02302068
IRS990/PYOtherRevenueAmt016130
IRS990/PYProgramServiceRevenueAmt0162182
IRS990/PYRevenuesLessExpensesAmt0854531
IRS990/PYSalariesCompEmpBnftPaidAmt02037939
IRS990/PYTotalExpensesAmt04503162
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt05357693
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-44674
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/RelatedOrganizationsAmt0334060
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt060769
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt04299333
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt05179381
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt03784296
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt03993206
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt04280799
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt021537015
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt05583
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0390
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0416
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt06389
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0671212
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.81530
IRS990ScheduleA/PublicSupportPY170Pct00.86590
IRS990ScheduleA/PublicSupportTotal170Amt017563503
IRS990ScheduleA/SubstantialContributorsTotAmt03973512
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt04299333
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt05179381
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt03784296
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt03993206
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt04280799
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt021537015
IRS990ScheduleA/TotalSupportAmt021543404
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt083127
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0144196
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0227323
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt017650
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt06045
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt023695
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt07238
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1511834
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0SECURITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1DUE TO AFFILIATES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0547507
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1711484
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0RELATED PARTY LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1LONG TERM INTERCOMPANY PAYABLE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0100777
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0519072
IRS990ScheduleD/TotalLiabilityAmt01258991
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt0286606
IRS990ScheduleI/RecipientTable/CashGrantAmt1450000
IRS990ScheduleI/RecipientTable/CashGrantAmt210000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc2501(C)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0WORKFORCE DEVELOPMENT PARTNERSHIP
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1FLAGSTAR AD JP MORGAN CHASE FUNDS FOR MICROLOAN CAPITAL FUND
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2SUPPORT GENERAL OPERATIONS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0FOCUS HOPE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1PROSPERUS DETROIT MICROLENDING
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2SOUTHWEST COUNSELING SOLUTIONS
IRS990ScheduleI/RecipientTable/RecipientEIN0381948285
IRS990ScheduleI/RecipientTable/RecipientEIN1462997666
IRS990ScheduleI/RecipientTable/RecipientEIN2382042021
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01355 OAKMAN BLVD
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt15716 MICHIGAN AVESTE 3000
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt25716 MICHIGAN AVESTE 3000
IRS990ScheduleI/RecipientTable/USAddress/CityNm0DETROIT
IRS990ScheduleI/RecipientTable/USAddress/CityNm1DETROIT
IRS990ScheduleI/RecipientTable/USAddress/CityNm2DETROIT
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MI
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1MI
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2MI
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd048238
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd148210
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd248210
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0ALLOWABLE EXPENSES ARE ESTABLISHED IN THE GRANT AGREEMENT. PROGRAM MANAGERS APPROVE FOR PAYMENT EXPENSES, INDICATING IF GRANT FUNDS ARE ALLOWED TO BE SPENT. THE FINANCE DEPARTMENT REVIEWS THESE EXPENSES AGAINST THE ESTABLISHED BUDGET TO ENSURE GRANT EXPENSES ARE ALLOWABLE.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/Total501c3OrgCnt03
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,965,091
Liabilities
$1,505,884
Net assets
$459,207
Revenue
$4,360,102
Expenses
$4,404,776
Net income
-$44,674
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.72$0.54$1.17$3.39$3.73$0.34
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.90$0.39$1.51$2.92$3.18$0.26
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.85$0.08$1.78$3.26$2.83$0.43
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.55$0.20$1.35$3.56$3.43$0.13
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.71$1.90$0.19$4.21$4.70$0.49
2019Detailed filing. Detailed filing data is available for this year.$1.97$1.51$0.46$4.36$4.40$0.04
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.84$1.63$1.21$5.36$4.50$0.85
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.97$1.61$0.36$4.02$4.16$0.14
2016Detailed filing. Detailed filing data is available for this year.$1.16$1.11$0.05$4.14$4.42$0.28
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.30$0.97$0.33$4.35$4.10$0.25
2014Detailed filing. Detailed filing data is available for this year.$0.80$0.72$0.09$4.91$4.93$0.02