Detroit Metro Sports Commission Inc
EIN: 383584276 · Detroit, MI · NTEE: N700
| Metric | Value |
|---|---|
| Total Revenue | $268K |
| Total Expenses | $2.2M |
| Net Assets | $-14,407,215 |
Is Detroit Metro Sports Commission 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 Metro Sports Commission Inc
Detroit Metro Sports Commission Inc (EIN: 383584276) is a nonprofit organization based in Detroit, MI, classified under NTEE code N700. The organization reported total revenue of $268K and total assets of $230K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Detroit Metro Sports Commission Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Detroit Metro Sports Commission Inc is a small nonprofit that has been operating for 24 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -62.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1 |
| Total Expenses | $2.2M |
| Surplus / Deficit | $-2,165,505 |
| Total Assets | $591K |
| Total Liabilities | $15.0M |
| Net Assets | $-14,407,215 |
| Operating Margin | -216550500.0% |
| Debt-to-Asset Ratio | 2537.7% |
| Months of Reserves | 3.3 months |
Financial Health Grade: C
In 2023, Detroit Metro Sports Commission Inc reported a deficit of $2.2M with expenses exceeding revenue, holds 3.3 months of operating reserves (adequate), has a debt-to-asset ratio of 2537.7% (high leverage).
Financial Trends
Over 10 years of filings (2011–2023), Detroit Metro Sports Commission Inc's revenue has declined at a compound annual growth rate (CAGR) of -62.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.0% | — | — |
| 2022 | +0.0% | -100.0% | -100.0% |
| 2021 | -100.0% | +0.8% | +251.1% |
| 2020 | -84.7% | -74.4% | -8.0% |
| 2019 | -48.5% | +114.6% | -85.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2002 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Detroit Metro Sports Commission 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 Metro Sports Commission 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 deficit of $2.2M, with expenses exceeding revenue.
- Debt-to-asset ratio: 2537.7%.
Frequently Asked Questions about Detroit Metro Sports Commission Inc
Is Detroit Metro Sports Commission Inc a legitimate charity?
Detroit Metro Sports Commission Inc (EIN: 383584276) is a registered tax-exempt nonprofit based in Michigan. It has 10 years of IRS 990 filings on record. Total revenue: $268K. No red flags identified. Financial health grade: C.
How does Detroit Metro Sports Commission Inc spend its money?
Detroit Metro Sports Commission Inc reported $268K in total revenue in IRS 990 filings. 10 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Detroit Metro Sports Commission Inc tax-deductible?
Detroit Metro Sports Commission Inc is registered as a tax-exempt nonprofit (EIN: 383584276). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Detroit Metro Sports Commission Inc located?
Detroit Metro Sports Commission Inc is headquartered in Detroit, Michigan and files with the IRS under EIN 383584276. It is classified under NTEE code N700.
How many years of IRS 990 filings does Detroit Metro Sports Commission Inc have?
Detroit Metro Sports Commission Inc has 10 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 $268K in total revenue.
Filing History
IRS 990 filing history for Detroit Metro Sports Commission Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Detroit Metro Sports Commission Inc's revenue has declined by 100%, moving from $137K to $1. Total assets increased by 236.6% over the same period, from $176K to $591K. Total functional expenses rose by 142.7%, from $892K to $2.2M. In its most recent filing year (2023), Detroit Metro Sports Commission Inc reported a deficit of $2.2M, with expenses exceeding revenue. The organization holds $15.0M in liabilities against $591K in assets (debt-to-asset ratio: 2537.7%), resulting in net assets of $-14,407,215.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1 | $2.2M | $591K | $15.0M | — | — |
| 2022 | $1 | $0 | $0 | $1 | — | View 990 |
| 2021 | $1 | $727K | $70K | $21.1M | — | View 990 |
| 2020 | $22K | $721K | $20K | $20.3M | — | View 990 |
| 2019 | $146K | $2.8M | $22K | $19.6M | — | — |
| 2015 | $283K | $1.3M | $145K | $12.6M | — | View 990 |
| 2014 | $176K | $1.1M | $84K | $11.5M | — | View 990 |
| 2013 | $1.2M | $2.8M | $38K | $10.5M | — | View 990 |
| 2012 | $205K | $1.4M | $305K | $9.2M | — | View 990 |
| 2011 | $137K | $892K | $176K | $7.9M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1, expenses of $2.2M, and assets of $591K (revenue +0.0% year-over-year).
- 2022: Revenue of $1, expenses of $0, and assets of $0 (revenue +0.0% year-over-year).
- 2021: Revenue of $1, expenses of $727K, and assets of $70K (revenue -100.0% year-over-year).
- 2020: Revenue of $22K, expenses of $721K, and assets of $20K (revenue -84.7% year-over-year).
- 2019: Revenue of $146K, expenses of $2.8M, and assets of $22K (revenue -48.5% year-over-year).
- 2015: Revenue of $283K, expenses of $1.3M, and assets of $145K (revenue +60.7% year-over-year).
- 2014: Revenue of $176K, expenses of $1.1M, and assets of $84K (revenue -85.6% year-over-year).
- 2013: Revenue of $1.2M, expenses of $2.8M, and assets of $38K (revenue +494.9% year-over-year).
- 2012: Revenue of $205K, expenses of $1.4M, and assets of $305K (revenue +49.2% year-over-year).
- 2011: Revenue of $137K, expenses of $892K, and assets of $176K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Detroit Metro Sports Commission Inc:
Data Sources and Methodology
This transparency report for Detroit Metro Sports Commission 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.