Civic Intelligence

Metro Detroit Black Chamber of Commerce Foundation

EIN 85-3465384 • 501(c)3 • Detroit, MI

Pub. 78 Eligible990-N Coverage

Profile

To develop programs and advocate for policies that result in profitable and sustainable black-owned businesses that are connected to public and private economic opportunities, while building trusted relationships

Refreshing map…

28 W Adams AvenueDetroit, MI 48226

www.mdbba.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

44th percentile

0.04x

Higher debt load relative to assets than 44% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

40th percentile

0.04x

Higher debt load relative to revenue than 40% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

31st percentile

-3.3%

Higher net margin than 31% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

24th percentile

-5.0%

Faster asset growth than 24% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

7th percentile

-42%

Faster revenue growth than 7% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$1,862,959

Down $98,907 (-5.0%) from 2023

Liabilities

Up

$71,098

Up $9,253 (+15%) from 2023

Net Assets

Down

$1,791,861

Down $108,160 (-5.7%) from 2023

Revenue

Down

$1,912,854

Down $1,373,039 (-42%) from 2023

Expenses

Down

$1,976,587

Down $562,921 (-22%) from 2023

Net Income

Down

-$63,733

Down $810,118 (-109%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$2.0M$1.5M$1.0M$500K$0Assets 2021: $142,986Liabilities 2021: $130Net Assets 2021: $142,8562021Assets 2022: $1,253,636Liabilities 2022: $0Net Assets 2022: $1,253,6362022Assets 2023: $1,961,866Liabilities 2023: $61,845Net Assets 2023: $1,900,0212023Assets 2024: $1,862,959Liabilities 2024: $71,098Net Assets 2024: $1,791,8612024

Highlighted filing

2024

Assets$1,862,959
Liabilities$71,098
Net Assets$1,791,861

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2021: $144,478Expenses 2021: $1,622Net Income 2021: $142,8562021Revenue 2022: $1,502,535Expenses 2022: $391,755Net Income 2022: $1,110,7802022Revenue 2023: $3,285,893Expenses 2023: $2,539,508Net Income 2023: $746,3852023Revenue 2024: $1,912,854Expenses 2024: $1,976,587Net Income 2024: -$63,7332024

Highlighted filing

2024

Revenue$1,912,854
Expenses$1,976,587
Net Income-$63,733

Filings