Charlotte Mason Association Of Detroit
EIN: 383619584 · Detroit, MI · NTEE: B24
| Metric | Value |
|---|---|
| Total Revenue | $550K |
| Total Expenses | $608K |
| Net Assets | $245K |
Is Charlotte Mason Association Of Detroit Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Charlotte Mason Association Of Detroit
Charlotte Mason Association Of Detroit (EIN: 383619584) is a nonprofit organization based in Detroit, MI, classified under NTEE code B24. The organization reported total revenue of $550K and total assets of $358K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Charlotte Mason Association Of Detroit's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Charlotte Mason Association Of Detroit is a small 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 12.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $447K |
| Total Expenses | $608K |
| Surplus / Deficit | $-161,607 |
| Total Assets | $369K |
| Total Liabilities | $123K |
| Net Assets | $245K |
| Operating Margin | -36.2% |
| Debt-to-Asset Ratio | 33.4% |
| Months of Reserves | 7.3 months |
Financial Health Grade: B
In 2023, Charlotte Mason Association Of Detroit reported a deficit of $162K with expenses exceeding revenue, holds 7.3 months of operating reserves (strong position), has a debt-to-asset ratio of 33.4% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Charlotte Mason Association Of Detroit's revenue has grown at a compound annual growth rate (CAGR) of 12.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -0.7% | -39.6% | -17.8% |
| 2022 | -35.5% | +26.4% | -55.3% |
| 2021 | -54.4% | +54.9% | -28.0% |
| 2020 | +214.9% | +5.1% | +230.9% |
| 2019 | +24.1% | +18.4% | +598.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2003 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Charlotte Mason Association Of Detroit 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 Charlotte Mason Association Of Detroit 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 deficit of $162K, with expenses exceeding revenue.
- Debt-to-asset ratio: 33.4%.
Frequently Asked Questions about Charlotte Mason Association Of Detroit
Is Charlotte Mason Association Of Detroit a legitimate charity?
Charlotte Mason Association Of Detroit (EIN: 383619584) is a registered tax-exempt nonprofit based in Michigan. It has 13 years of IRS 990 filings on record. Total revenue: $550K. No red flags identified. Financial health grade: B.
How does Charlotte Mason Association Of Detroit spend its money?
Charlotte Mason Association Of Detroit reported $550K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Charlotte Mason Association Of Detroit tax-deductible?
Charlotte Mason Association Of Detroit is registered as a tax-exempt nonprofit (EIN: 383619584). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Charlotte Mason Association Of Detroit located?
Charlotte Mason Association Of Detroit is headquartered in Detroit, Michigan and files with the IRS under EIN 383619584. It is classified under NTEE code B24.
How many years of IRS 990 filings does Charlotte Mason Association Of Detroit have?
Charlotte Mason Association Of Detroit 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 $550K in total revenue.
Filing History
IRS 990 filing history for Charlotte Mason Association Of Detroit showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Charlotte Mason Association Of Detroit's revenue has grown by 297.8%, moving from $112K to $447K. Total assets increased by 390.7% over the same period, from $75K to $369K. Total functional expenses rose by 512.6%, from $99K to $608K. In its most recent filing year (2023), Charlotte Mason Association Of Detroit reported a deficit of $162K, with expenses exceeding revenue. The organization holds $123K in liabilities against $369K in assets (debt-to-asset ratio: 33.4%), resulting in net assets of $245K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $447K | $608K | $369K | $123K | — | View 990 |
| 2022 | $450K | $1.0M | $448K | $53K | — | View 990 |
| 2021 | $698K | $796K | $1.0M | $51K | — | View 990 |
| 2020 | $1.5M | $514K | $1.4M | $343K | — | View 990 |
| 2019 | $486K | $489K | $421K | $388K | — | View 990 |
| 2018 | $392K | $413K | $60K | $24K | — | View 990 |
| 2017 | $416K | $351K | $57K | $0 | — | View 990 |
| 2016 | $254K | $247K | $27K | $17K | — | View 990 |
| 2015 | $415K | $448K | $15K | $13K | — | View 990 |
| 2014 | $230K | $202K | $35K | $229 | — | View 990 |
| 2013 | $181K | $277K | $19K | $0 | — | View 990 |
| 2012 | $168K | $144K | $36K | $0 | — | View 990 |
| 2011 | $112K | $99K | $75K | $43K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $447K, expenses of $608K, and assets of $369K (revenue -0.7% year-over-year).
- 2022: Revenue of $450K, expenses of $1.0M, and assets of $448K (revenue -35.5% year-over-year).
- 2021: Revenue of $698K, expenses of $796K, and assets of $1.0M (revenue -54.4% year-over-year).
- 2020: Revenue of $1.5M, expenses of $514K, and assets of $1.4M (revenue +214.9% year-over-year).
- 2019: Revenue of $486K, expenses of $489K, and assets of $421K (revenue +24.1% year-over-year).
- 2018: Revenue of $392K, expenses of $413K, and assets of $60K (revenue -5.8% year-over-year).
- 2017: Revenue of $416K, expenses of $351K, and assets of $57K (revenue +63.5% year-over-year).
- 2016: Revenue of $254K, expenses of $247K, and assets of $27K (revenue -38.7% year-over-year).
- 2015: Revenue of $415K, expenses of $448K, and assets of $15K (revenue +80.0% year-over-year).
- 2014: Revenue of $230K, expenses of $202K, and assets of $35K (revenue +27.1% year-over-year).
- 2013: Revenue of $181K, expenses of $277K, and assets of $19K (revenue +8.1% year-over-year).
- 2012: Revenue of $168K, expenses of $144K, and assets of $36K (revenue +49.3% year-over-year).
- 2011: Revenue of $112K, expenses of $99K, and assets of $75K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Charlotte Mason Association Of Detroit:
Data Sources and Methodology
This transparency report for Charlotte Mason Association Of Detroit 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.