Central United Methodist Church Of Detroit Community Development Corp
EIN: 450510041 · Detroit, MI · NTEE: S20
| Metric | Value |
|---|---|
| Total Revenue | $1.2M |
| Total Expenses | $1.0M |
| Net Assets | $692K |
Is Central United Methodist Church Of Detroit Community Development Corp Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Central United Methodist Church Of Detroit Community Development Corp
Central United Methodist Church Of Detroit Community Development Corp (EIN: 450510041) is a nonprofit organization based in Detroit, MI, classified under NTEE code S20. The organization reported total revenue of $1.2M and total assets of $586K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Central United Methodist Church Of Detroit Community Development Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Central United Methodist Church Of Detroit Community Development Corp is a mid-size nonprofit that has been operating for 23 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $1.0M |
| Surplus / Deficit | +$67K |
| Total Assets | $751K |
| Total Liabilities | $59K |
| Net Assets | $692K |
| Operating Margin | 6.2% |
| Debt-to-Asset Ratio | 7.9% |
| Months of Reserves | 8.8 months |
Financial Health Grade: A
In 2023, Central United Methodist Church Of Detroit Community Development Corp reported a surplus of $67K with revenue exceeding expenses, holds 8.8 months of operating reserves (strong position), has a debt-to-asset ratio of 7.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Central United Methodist Church Of Detroit Community Development Corp's revenue has grown at a compound annual growth rate (CAGR) of 9.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +58.1% | +26.3% | +13.5% |
| 2022 | -13.1% | +43.1% | -13.2% |
| 2021 | +66.9% | +42.6% | +79.5% |
| 2020 | +11.6% | +20.2% | +37.6% |
| 2019 | +20.9% | +6.8% | +44.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Central United Methodist Church Of Detroit Community Development Corp has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Central United Methodist Church Of Detroit Community Development Corp with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $67K, with revenue exceeding expenses.
- Debt-to-asset ratio: 7.9%.
Frequently Asked Questions about Central United Methodist Church Of Detroit Community Development Corp
Is Central United Methodist Church Of Detroit Community Development Corp a legitimate charity?
Central United Methodist Church Of Detroit Community Development Corp (EIN: 450510041) is a registered tax-exempt nonprofit based in Michigan. It has 13 years of IRS 990 filings on record. Total revenue: $1.2M. No red flags identified. Financial health grade: A.
How does Central United Methodist Church Of Detroit Community Development Corp spend its money?
Central United Methodist Church Of Detroit Community Development Corp reported $1.2M in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Central United Methodist Church Of Detroit Community Development Corp tax-deductible?
Central United Methodist Church Of Detroit Community Development Corp is registered as a tax-exempt nonprofit (EIN: 450510041). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Central United Methodist Church Of Detroit Community Development Corp located?
Central United Methodist Church Of Detroit Community Development Corp is headquartered in Detroit, Michigan and files with the IRS under EIN 450510041. It is classified under NTEE code S20.
How many years of IRS 990 filings does Central United Methodist Church Of Detroit Community Development Corp have?
Central United Methodist Church Of Detroit Community Development Corp has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.2M in total revenue.
Filing History
IRS 990 filing history for Central United Methodist Church Of Detroit Community Development Corp showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Central United Methodist Church Of Detroit Community Development Corp's revenue has grown by 205%, moving from $356K to $1.1M. Total assets increased by 491.1% over the same period, from $127K to $751K. Total functional expenses rose by 254.3%, from $288K to $1.0M. In its most recent filing year (2023), Central United Methodist Church Of Detroit Community Development Corp reported a surplus of $67K, with revenue exceeding expenses. The organization holds $59K in liabilities against $751K in assets (debt-to-asset ratio: 7.9%), resulting in net assets of $692K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.1M | $1.0M | $751K | $59K | — | — |
| 2022 | $687K | $807K | $662K | $37K | — | View 990 |
| 2021 | $791K | $564K | $763K | $3K | — | View 990 |
| 2020 | $474K | $396K | $425K | $38K | — | — |
| 2019 | $424K | $329K | $309K | $0 | — | View 990 |
| 2018 | $351K | $308K | $213K | $0 | — | View 990 |
| 2017 | $359K | $303K | $170K | $0 | — | View 990 |
| 2016 | $317K | $309K | $115K | $163 | — | View 990 |
| 2015 | $302K | $277K | $107K | $0 | — | View 990 |
| 2014 | $333K | $254K | $105K | $23K | — | View 990 |
| 2013 | $213K | $248K | $26K | $23K | — | View 990 |
| 2012 | $248K | $315K | $60K | $23K | — | View 990 |
| 2011 | $356K | $288K | $127K | $23K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.1M, expenses of $1.0M, and assets of $751K (revenue +58.1% year-over-year).
- 2022: Revenue of $687K, expenses of $807K, and assets of $662K (revenue -13.1% year-over-year).
- 2021: Revenue of $791K, expenses of $564K, and assets of $763K (revenue +66.9% year-over-year).
- 2020: Revenue of $474K, expenses of $396K, and assets of $425K (revenue +11.6% year-over-year).
- 2019: Revenue of $424K, expenses of $329K, and assets of $309K (revenue +20.9% year-over-year).
- 2018: Revenue of $351K, expenses of $308K, and assets of $213K (revenue -2.1% year-over-year).
- 2017: Revenue of $359K, expenses of $303K, and assets of $170K (revenue +13.3% year-over-year).
- 2016: Revenue of $317K, expenses of $309K, and assets of $115K (revenue +4.9% year-over-year).
- 2015: Revenue of $302K, expenses of $277K, and assets of $107K (revenue -9.4% year-over-year).
- 2014: Revenue of $333K, expenses of $254K, and assets of $105K (revenue +56.1% year-over-year).
- 2013: Revenue of $213K, expenses of $248K, and assets of $26K (revenue -14.0% year-over-year).
- 2012: Revenue of $248K, expenses of $315K, and assets of $60K (revenue -30.4% year-over-year).
- 2011: Revenue of $356K, expenses of $288K, and assets of $127K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Central United Methodist Church Of Detroit Community Development Corp:
Data Sources and Methodology
This transparency report for Central United Methodist Church Of Detroit Community Development Corp is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.