Civic Intelligence

Foundation for Detroit'S Future

990 • Fiscal year 2019 • EIN 46-4873153

Jan 01, 2019 to Dec 31, 2019

Organization ProfileN/A
Detroit, MI
Siviq Scores

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

Liabilities / Assets

6th percentile

0.00x

Higher debt load relative to assets than 6% of similar nonprofits.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2019

Liabilities / Revenue

4th percentile

0.00x

Higher debt load relative to revenue than 4% of similar nonprofits.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2019

Net Margin

72nd percentile

13%

Higher net margin than 72% of similar nonprofits.

2019 filings • 501(c)3 • $25M-$50M 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

66th percentile

9.1%

Faster asset growth than 66% of similar nonprofits.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2018 to 2019

Revenue Growth

40th percentile

1.1%

Faster revenue growth than 40% of similar nonprofits.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets6th percentile

Assets

Up

$33,086,315

Up $2,765,035 (+9.1%) from 2018

Net Assets

Up

$33,037,025

Up $2,771,639 (+9.2%) from 2018

Liabilities

Down

$49,290

Down $6,604 (-12%) from 2018

Revenue And Expenses
Liabilities / Revenue4th percentileNet Margin72nd percentile

Revenue

Up

$21,705,955

Up $236,432 (+1.1%) from 2018

Expenses

Down

$18,934,316

Down $3,228 (-0.0%) from 2018

Net Income

Up

$2,771,639

Up $239,660 (+9.5%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth66th percentile

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

$60M$40M$20M$0Assets 2014: $2,357,047Liabilities 2014: $54,057Net Assets 2014: $2,302,9902014Assets 2015: $23,198,394Liabilities 2015: $86,122Net Assets 2015: $23,112,2722015Assets 2016: $25,319,559Liabilities 2016: $83,039Net Assets 2016: $25,236,5202016Assets 2017: $27,809,097Liabilities 2017: $75,690Net Assets 2017: $27,733,4072017Assets 2018: $30,321,280Liabilities 2018: $55,894Net Assets 2018: $30,265,3862018Assets 2019: $33,086,315Liabilities 2019: $49,290Net Assets 2019: $33,037,0252019Assets 2020: $40,485,762Liabilities 2020: $29,955Net Assets 2020: $40,455,8072020Assets 2021: $47,892,805Liabilities 2021: $27,448Net Assets 2021: $47,865,3572021Assets 2022: $45,675,356Liabilities 2022: $26,134Net Assets 2022: $45,649,2222022Assets 2023: $44,240,032Liabilities 2023: $41,611Net Assets 2023: $44,198,4212023Assets 2024: $47,856,123Liabilities 2024: $45,293Net Assets 2024: $47,810,8302024

Highlighted filing

2019

Assets$33,086,315
Liabilities$49,290
Net Assets$33,037,025
Open 2019 Filing

Operations Trend

Revenue Growth40th percentile

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

$30M$20M$10M$0-$10MRevenue 2014: $25,025,616Expenses 2014: $22,722,626Net Income 2014: $2,302,9902014Revenue 2015: $20,939,681Expenses 2015: $117,715Net Income 2015: $20,821,9662015Revenue 2016: $20,890,748Expenses 2016: $18,779,184Net Income 2016: $2,111,5642016Revenue 2017: $21,436,947Expenses 2017: $18,940,060Net Income 2017: $2,496,8872017Revenue 2018: $21,469,523Expenses 2018: $18,937,544Net Income 2018: $2,531,9792018Revenue 2019: $21,705,955Expenses 2019: $18,934,316Net Income 2019: $2,771,6392019Revenue 2020: $26,353,221Expenses 2020: $18,934,438Net Income 2020: $7,418,7832020Revenue 2021: $26,320,980Expenses 2021: $18,911,430Net Income 2021: $7,409,5502021Revenue 2022: $16,700,418Expenses 2022: $18,916,553Net Income 2022: -$2,216,1352022Revenue 2023: $17,474,620Expenses 2023: $18,925,421Net Income 2023: -$1,450,8012023Revenue 2024: $22,534,738Expenses 2024: $18,922,329Net Income 2024: $3,612,4092024

Highlighted filing

2019

Revenue$21,705,955
Expenses$18,934,316
Net Income$2,771,639
Open 2019 Filing
Filing Detail Status

This 2019 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, 2019 to Dec 31, 2019
Mission and Program Overview

Mission

Foundation for detroit's future shall work to lessen the burdens of government, combat community deterioration, and improve the quality of life of the general public in and around the city of detroit through, among other things, conducting activities and programs, and providing support and funding to governmental entities, charitable organizations and others, to protect and preserve the city of detroit's rich cultural heritage, foster and promote the economic revitalization and fiscal health of the city of detroit and enable the city of detroit to fulfill its municipal, financial and civic obligations.

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Summary only. Only limited summary data is available for this year.

Open filing
Assets
$33,086,315
Liabilities
$49,290
Net assets
$33,037,025
Revenue
$21,705,955
Expenses
$18,934,316
Net income
$2,771,639
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$47.9$0.05$47.8$22.5$18.9$3.61
2023Detailed filing. Detailed filing data is available for this year.$44.2$0.04$44.2$17.5$18.9$1.45
2022Detailed filing. Detailed filing data is available for this year.$45.7$0.03$45.6$16.7$18.9$2.22
2021Detailed filing. Detailed filing data is available for this year.$47.9$0.03$47.9$26.3$18.9$7.41
2020Detailed filing. Detailed filing data is available for this year.$40.5$0.03$40.5$26.4$18.9$7.42
2019Summary only. Only limited summary data is available for this year.$33.1$0.05$33.0$21.7$18.9$2.77
2018Summary only. Only limited summary data is available for this year.$30.3$0.06$30.3$21.5$18.9$2.53
2017Summary only. Only limited summary data is available for this year.$27.8$0.08$27.7$21.4$18.9$2.50
2016Summary only. Only limited summary data is available for this year.$25.3$0.08$25.2$20.9$18.8$2.11
2015Summary only. Only limited summary data is available for this year.$23.2$0.09$23.1$20.9$0.12$20.8
2014Summary only. Only limited summary data is available for this year.$2.36$0.05$2.30$25.0$22.7$2.30