Liabilities / Assets
99th percentile
Higher debt load relative to assets than 99% of similar nonprofits.
Detroit Progress Fund
990EZ • Fiscal year 2019 • EIN 46-4795309
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
3.72x
Liabilities / Revenue
81st percentile
Higher debt load relative to revenue than 81% of similar nonprofits.
Net Margin
81st percentile
Higher net margin than 81% of similar nonprofits.
Top Officer Pay
86th percentile
Higher top officer pay than 86% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
5th percentile
Faster asset growth than 5% of similar nonprofits.
Revenue Growth
88th percentile
Faster revenue growth than 88% of similar nonprofits.
Balance Sheet
Assets
Down$6,226
Down $8,358 (-57%) from 2018
Net Assets
Up-$16,914
Up $36,754 (+68%) from 2018
Liabilities
Down$23,140
Down $45,112 (-66%) from 2018
Revenue And Expenses
Revenue
Up$163,420
Up $42,907 (+36%) from 2018
Expenses
Down$126,666
Down $36,108 (-22%) from 2018
Net Income
Up$36,754
Up $79,015 (+187%) from 2018
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2019 to Dec 31, 2019
- Signed
- Jan 29, 2020
- Return Version
- 2019v5.0
- Gross Receipts
- $163,420
Mission and Program Overview
Mission
To promote the city of detroit's turnaround and to support the mayor of the city of detroit's agenda.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| IN SUPPORT OF DETROIT'S TURNAROUND, DETROIT PROGRESS FUND ASSISTS THE OFFICE OF THE MAYOR WITH EXPENDITURES NECESSARY TO CONDUCT BUSINESS FOR THE CITY, BUT FOR WHICH THERE ARE NO FUNDS AVAILABLE IN THE CITY BUDGET. EACH DISBURSEMENT IS REVIEWED AND APPROVED BY ITS BOARD FOR CONSISTENCY WITH ITS POLICIES. | - | $97,416 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| TRUNETTA ROACH | Chair | - | $0 | - | - |
| DAVID KATZ | Officer | - | $0 | - | - |
| TATIANA GRANT | Officer | - | $0 | - | - |
| JONATHAN QUARLES | Officer | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Detroit Progress Fund
- EIN
- 46-4795309
- Phone
- 5175151937
- Address
- 1001 WOODWARD AVE STE 500, DETROIT, MI 48226
Signing Officer
- Name
- Trunetta Roach
- Title
- Chair
- Signed
- 2020-01-29
Preparer
- Firm
- Renaissance Financial Group
- Address
- 300 N 5TH AVE STE 140, ANN ARBOR, MI 48104-1467
- Preparer
- Ann Black
- Phone
- 7349941288
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16
“Expenses community outreach 28,449 gifts 3,197 office expense 1,565 supplies 5,082 software/website 864 miscellaneous 12 travel 6,028 meals 25,173 conferences/meetings 20,612 interest 6,364 total 97,346”
Form 990-ez, Part II, Line 26
“Accounts payable and accrued expenses 68,252 23,140”
Form 990-ez, Part III
“To promote the city of detroit's turnaround and to support the mayor of the city of detroit's agenda.”
Form 990-ez, Part III, Line 28
“In support of detroit's turnaround, detroit progress fund assists the office of the mayor with expenditures necessary to conduct business for the city, but for which there are no funds available in the city budget. Each disbursement is reviewed and approved by its board for consistency with its policies.”
Raw XML Appendix117 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 |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | ABBEY DINSMORE |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 5175151937 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 1001 WOODWARD AVE STE 500 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | DETROIT |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MI |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 48226 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 14584 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 6226 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 163420 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 36754 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 29320 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 14584 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 6226 |
| IRS990EZ/GrossReceiptsAmt | 0 | 163420 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | -53668 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | -16914 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | -53668 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | -16914 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | TRUNETTA ROACH |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | DAVID KATZ |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | TATIANA GRANT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | JONATHAN QUARLES |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | CHAIR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | OFFICER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | OFFICER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | OFFICER |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 97346 |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | TO PROMOTE THE CITY OF DETROIT'S TURNAROUND AND TO SUPPORT THE MAYOR OF THE CITY OF DETROIT'S AGENDA. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | IN SUPPORT OF DETROIT'S TURNAROUND, DETROIT PROGRESS FUND ASSISTS THE OFFICE OF THE MAYOR WITH EXPENDITURES NECESSARY TO CONDUCT BUSINESS FOR THE CITY, BUT FOR WHICH THERE ARE NO FUNDS AVAILABLE IN THE CITY BUDGET. EACH DISBURSEMENT IS REVIEWED AND APPROVED BY ITS BOARD FOR CONSISTENCY WITH ITS POLICIES. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 97416 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 68252 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 23140 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 126666 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 97416 |
| IRS990EZ/TotalRevenueAmt | 0 | 163420 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.DETROITPROGRESSFUND.COM |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES COMMUNITY OUTREACH 28,449 GIFTS 3,197 OFFICE EXPENSE 1,565 SUPPLIES 5,082 SOFTWARE/WEBSITE 864 MISCELLANEOUS 12 TRAVEL 6,028 MEALS 25,173 CONFERENCES/MEETINGS 20,612 INTEREST 6,364 TOTAL 97,346 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | ACCOUNTS PAYABLE AND ACCRUED EXPENSES 68,252 23,140 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | TO PROMOTE THE CITY OF DETROIT'S TURNAROUND AND TO SUPPORT THE MAYOR OF THE CITY OF DETROIT'S AGENDA. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | IN SUPPORT OF DETROIT'S TURNAROUND, DETROIT PROGRESS FUND ASSISTS THE OFFICE OF THE MAYOR WITH EXPENDITURES NECESSARY TO CONDUCT BUSINESS FOR THE CITY, BUT FOR WHICH THERE ARE NO FUNDS AVAILABLE IN THE CITY BUDGET. EACH DISBURSEMENT IS REVIEWED AND APPROVED BY ITS BOARD FOR CONSISTENCY WITH ITS POLICIES. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART III |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART III, LINE 28 |
| ReturnHeader/BuildTS | 0 | 2020-09-22 18:59:49Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | TRUNETTA ROACH |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | CHAIR |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2020-01-29 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | DETROIT PROGRESS FUND |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | DETR |
| ReturnHeader/Filer/EIN | 0 | 464795309 |
| ReturnHeader/Filer/PhoneNum | 0 | 5175151937 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 1001 WOODWARD AVE STE 500 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | DETROIT |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | MI |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 48226 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId | 0 | 8E27F097EF710B8E0984B2358D0790B23B0C1682 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | FAAAFCA1AB997C920A0CA172D7D82F14FFA93B0B |
| ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd | 0 | P |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 173.14.57.233 |
| ReturnHeader/FilingSecurityInformation/IPDt | 0 | 2020-02-26 |
| ReturnHeader/FilingSecurityInformation/IPTimezoneCd | 0 | CS |
| ReturnHeader/FilingSecurityInformation/IPTm | 0 | 14:25:28 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 383304893 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | RENAISSANCE FINANCIAL GROUP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 300 N 5TH AVE STE 140 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | ANN ARBOR |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | MI |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 481041467 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 7349941288 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2020-02-26 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | ANN BLACK |
| ReturnHeader/ReturnTs | 0 | 2020-02-26T14:25:28-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2019-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2019-12-31 |
| ReturnHeader/TaxYr | 0 | 2019 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $6,226
- Liabilities
- $23,140
- Net assets
- -$16,914
- Revenue
- $163,420
- Expenses
- $126,666
- Net income
- $36,754