Detroit Auto Dealers Associationeducation Foundation Inc
Detroit Auto Dealers Association Education Foundation Inc. shows significant asset growth despite recent deficit and fluctuating revenues.
EIN: 204852342 · Troy, MI · NTEE: O50 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $170K |
| Total Expenses | $601K |
| Program Spending | 80% |
| Net Assets | $2.4M |
| Transparency Score | 75/100 |
Is Detroit Auto Dealers Associationeducation Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Detroit Auto Dealers Associationeducation Foundation Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Detroit Auto Dealers Associationeducation Foundation Inc
Detroit Auto Dealers Associationeducation Foundation Inc (EIN: 204852342) is a nonprofit organization based in Troy, MI, classified under NTEE code O50. The organization reported total revenue of $170K and total assets of $2.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Detroit Auto Dealers Associationeducation Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Detroit Auto Dealers Associationeducation Foundation Inc is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $221K |
| Total Expenses | $601K |
| Surplus / Deficit | $-379,464 |
| Total Assets | $2.6M |
| Total Liabilities | $240K |
| Net Assets | $2.4M |
| Operating Margin | -171.5% |
| Debt-to-Asset Ratio | 9.2% |
| Months of Reserves | 52.0 months |
Financial Health Grade: B
In 2023, Detroit Auto Dealers Associationeducation Foundation Inc reported a deficit of $379K with expenses exceeding revenue, holds 52.0 months of operating reserves (strong position), has a debt-to-asset ratio of 9.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Detroit Auto Dealers Associationeducation Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 10.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -92.7% | +72.5% | -10.4% |
| 2022 | +609524.0% | +18146.3% | +6409.2% |
| 2021 | -98.3% | -93.7% | -3.9% |
| 2020 | -64.0% | -54.3% | +4.0% |
| 2019 | -53.4% | -59.7% | -39.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Detroit Auto Dealers Associationeducation Foundation Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Detroit Auto Dealers Associationeducation Foundation Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $379K, with expenses exceeding revenue.
- Debt-to-asset ratio: 9.2%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries or other compensation are paid to its officers, which is highly favorable for donor perception and resource allocation.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Detroit Auto Dealers Associationeducation Foundation Inc's IRS 990 filings:
- Highly volatile revenue streams, with a major spike in 2022 followed by a significant drop in 2023.
- Significant operating deficit in the most recent fiscal year (202312), with expenses ($600,709) far exceeding revenue ($221,245).
Strengths
The following positive indicators were identified for Detroit Auto Dealers Associationeducation Foundation Inc:
- Consistent reporting of 0% officer compensation, indicating efficient use of funds for leadership.
- Substantial growth in assets, from $44,608 in 2021 to $2,602,825 in 2023, providing a strong financial reserve.
- Clear alignment with its stated mission (Automotive Education) based on its NTEE code.
Frequently Asked Questions about Detroit Auto Dealers Associationeducation Foundation Inc
Is Detroit Auto Dealers Associationeducation Foundation Inc a legitimate charity?
Detroit Auto Dealers Associationeducation Foundation Inc (EIN: 204852342) is a registered tax-exempt nonprofit based in Michigan. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $170K. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Detroit Auto Dealers Associationeducation Foundation Inc spend its money?
Detroit Auto Dealers Associationeducation Foundation Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Detroit Auto Dealers Associationeducation Foundation Inc tax-deductible?
Detroit Auto Dealers Associationeducation Foundation Inc is registered as a tax-exempt nonprofit (EIN: 204852342). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Detroit Auto Dealers Associationeducation Foundation Inc's spending goes to programs?
Detroit Auto Dealers Associationeducation Foundation Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Detroit Auto Dealers Associationeducation Foundation Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Detroit Auto Dealers Associationeducation Foundation Inc is above average for NTEE category O50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Detroit Auto Dealers Associationeducation Foundation Inc located?
Detroit Auto Dealers Associationeducation Foundation Inc is headquartered in Troy, Michigan and files with the IRS under EIN 204852342. It is classified under NTEE code O50.
How many years of IRS 990 filings does Detroit Auto Dealers Associationeducation Foundation Inc have?
Detroit Auto Dealers Associationeducation Foundation Inc 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 $170K in total revenue.
What caused the significant revenue spike in 2022 ($3,048,120) and the subsequent drop in 2023 ($221,245)?
The provided data does not specify the source of the revenue spike in 2022, but such a large fluctuation often indicates a major fundraising event, a large one-time grant, or a significant asset sale. The subsequent drop suggests these revenue sources may not be recurring.
How does the organization manage its expenses given the large deficit in 2023 ($221,245 revenue vs. $600,709 expenses)?
The deficit in 2023 suggests that the organization either drew from its accumulated assets (which grew significantly in 2022) or incurred liabilities to cover operational costs. Further analysis of the full 990 would be needed to understand the specific funding of this deficit.
What is the specific breakdown of program, administrative, and fundraising expenses?
The provided summary data does not offer a detailed breakdown of expenses into these categories. A full IRS Form 990 would be required to determine the exact percentages allocated to programs, administration, and fundraising.
Filing History
IRS 990 filing history for Detroit Auto Dealers Associationeducation Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Detroit Auto Dealers Associationeducation Foundation Inc's revenue has grown by 234.7%, moving from $66K to $221K. Total assets increased by 7748.6% over the same period, from $33K to $2.6M. Total functional expenses rose by 1102.8%, from $50K to $601K. In its most recent filing year (2023), Detroit Auto Dealers Associationeducation Foundation Inc reported a deficit of $379K, with expenses exceeding revenue. The organization holds $240K in liabilities against $2.6M in assets (debt-to-asset ratio: 9.2%), resulting in net assets of $2.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $221K | $601K | $2.6M | $240K | — | — |
| 2022 | $3.0M | $348K | $2.9M | $161K | — | View 990 |
| 2021 | $500 | $2K | $45K | $2K | — | View 990 |
| 2020 | $30K | $30K | $46K | $2K | — | View 990 |
| 2019 | $83K | $67K | $45K | $0 | — | View 990 |
| 2018 | $179K | $165K | $74K | $46K | — | View 990 |
| 2017 | $176K | $225K | $21K | $6K | — | View 990 |
| 2016 | $190K | $167K | $88K | $24K | — | View 990 |
| 2015 | $85K | $64K | $43K | $1K | — | View 990 |
| 2014 | $142K | $138K | $20K | $19 | — | View 990 |
| 2013 | $54K | $83K | $23K | $6K | — | View 990 |
| 2012 | $62K | $43K | $45K | $0 | — | View 990 |
| 2011 | $66K | $50K | $33K | $8K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $221K, expenses of $601K, and assets of $2.6M (revenue -92.7% year-over-year).
- 2022: Revenue of $3.0M, expenses of $348K, and assets of $2.9M (revenue +609524.0% year-over-year).
- 2021: Revenue of $500, expenses of $2K, and assets of $45K (revenue -98.3% year-over-year).
- 2020: Revenue of $30K, expenses of $30K, and assets of $46K (revenue -64.0% year-over-year).
- 2019: Revenue of $83K, expenses of $67K, and assets of $45K (revenue -53.4% year-over-year).
- 2018: Revenue of $179K, expenses of $165K, and assets of $74K (revenue +1.4% year-over-year).
- 2017: Revenue of $176K, expenses of $225K, and assets of $21K (revenue -7.3% year-over-year).
- 2016: Revenue of $190K, expenses of $167K, and assets of $88K (revenue +122.6% year-over-year).
- 2015: Revenue of $85K, expenses of $64K, and assets of $43K (revenue -39.7% year-over-year).
- 2014: Revenue of $142K, expenses of $138K, and assets of $20K (revenue +160.7% year-over-year).
- 2013: Revenue of $54K, expenses of $83K, and assets of $23K (revenue -12.4% year-over-year).
- 2012: Revenue of $62K, expenses of $43K, and assets of $45K (revenue -6.1% year-over-year).
- 2011: Revenue of $66K, expenses of $50K, and assets of $33K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Detroit Auto Dealers Associationeducation Foundation Inc:
Data Sources and Methodology
This transparency report for Detroit Auto Dealers Associationeducation Foundation Inc 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.