Detroit Blight Busters Inc
EIN: 812969704 · Detroit, MI · NTEE: S31
| Metric | Value |
|---|---|
| Total Revenue | $1.7M |
| Total Expenses | $425K |
| Net Assets | $1.0M |
Is Detroit Blight Busters Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Detroit Blight Busters Inc
Detroit Blight Busters Inc (EIN: 812969704) is a nonprofit organization based in Detroit, MI, classified under NTEE code S31. The organization reported total revenue of $1.7M and total assets of $2.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Detroit Blight Busters Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Detroit Blight Busters Inc is a mid-size nonprofit that has been operating for 10 years, with 6 years of IRS 990 filings on record (2017–2023). Revenue has grown at a compound annual rate of 19.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $940K |
| Total Expenses | $425K |
| Surplus / Deficit | +$515K |
| Total Assets | $1.3M |
| Total Liabilities | $307K |
| Net Assets | $1.0M |
| Operating Margin | 54.8% |
| Debt-to-Asset Ratio | 23.3% |
| Months of Reserves | 37.2 months |
Financial Health Grade: A
In 2023, Detroit Blight Busters Inc reported a surplus of $515K with revenue exceeding expenses, holds 37.2 months of operating reserves (strong position), has a debt-to-asset ratio of 23.3% (moderate leverage).
Financial Trends
Over 6 years of filings (2017–2023), Detroit Blight Busters Inc's revenue has grown at a compound annual growth rate (CAGR) of 19.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +120.0% | +13.8% | +67.4% |
| 2022 | +73.7% | +30.3% | +66.2% |
| 2020 | -23.1% | -9.7% | +280.2% |
| 2019 | +28.6% | +20.8% | -5.7% |
| 2018 | -21.8% | +44.0% | -5.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Detroit Blight Busters Inc 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 Detroit Blight Busters Inc 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 $515K, with revenue exceeding expenses.
- Debt-to-asset ratio: 23.3%.
Frequently Asked Questions about Detroit Blight Busters Inc
Is Detroit Blight Busters Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Detroit Blight Busters Inc (EIN: 812969704) insufficient data. 0 red flags identified, 0 strengths noted.
How does Detroit Blight Busters Inc spend its money?
Detailed spending breakdown data is not yet available for Detroit Blight Busters Inc. Check back for updated IRS 990 analysis.
Are donations to Detroit Blight Busters Inc tax-deductible?
Detroit Blight Busters Inc is registered as a tax-exempt nonprofit (EIN: 812969704). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Detroit Blight Busters Inc located?
Detroit Blight Busters Inc is headquartered in Detroit, Michigan and files with the IRS under EIN 812969704. It is classified under NTEE code S31.
How many years of IRS 990 filings does Detroit Blight Busters Inc have?
Detroit Blight Busters Inc has 6 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 $1.7M in total revenue.
Filing History
IRS 990 filing history for Detroit Blight Busters Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2017–2023), Detroit Blight Busters Inc's revenue has grown by 195.7%, moving from $318K to $940K. Total assets increased by 842.2% over the same period, from $140K to $1.3M. Total functional expenses rose by 133.1%, from $182K to $425K. In its most recent filing year (2023), Detroit Blight Busters Inc reported a surplus of $515K, with revenue exceeding expenses. The organization holds $307K in liabilities against $1.3M in assets (debt-to-asset ratio: 23.3%), resulting in net assets of $1.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $940K | $425K | $1.3M | $307K | — | View 990 |
| 2022 | $427K | $373K | $787K | $292K | — | — |
| 2020 | $246K | $287K | $473K | $151K | — | View 990 |
| 2019 | $320K | $317K | $124K | $0 | — | View 990 |
| 2018 | $249K | $263K | $132K | $10K | — | View 990 |
| 2017 | $318K | $182K | $140K | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $940K, expenses of $425K, and assets of $1.3M (revenue +120.0% year-over-year).
- 2022: Revenue of $427K, expenses of $373K, and assets of $787K (revenue +73.7% year-over-year).
- 2020: Revenue of $246K, expenses of $287K, and assets of $473K (revenue -23.1% year-over-year).
- 2019: Revenue of $320K, expenses of $317K, and assets of $124K (revenue +28.6% year-over-year).
- 2018: Revenue of $249K, expenses of $263K, and assets of $132K (revenue -21.8% year-over-year).
- 2017: Revenue of $318K, expenses of $182K, and assets of $140K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Detroit Blight Busters Inc:
Data Sources and Methodology
This transparency report for Detroit Blight Busters 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.