Global Detroit
EIN: 383880502 · Detroit, MI · NTEE: S30
| Metric | Value |
|---|---|
| Total Revenue | $4.8M |
| Total Expenses | $3.6M |
| Net Assets | $1.3M |
Is Global Detroit Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Global Detroit
Global Detroit (EIN: 383880502) is a nonprofit organization based in Detroit, MI, classified under NTEE code S30. The organization reported total revenue of $4.8M and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Global Detroit's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Global Detroit is a mid-size nonprofit that has been operating for 13 years, with 10 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of 25.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.9M |
| Total Expenses | $3.6M |
| Surplus / Deficit | +$324K |
| Total Assets | $2.3M |
| Total Liabilities | $1.0M |
| Net Assets | $1.3M |
| Operating Margin | 8.2% |
| Debt-to-Asset Ratio | 43.8% |
| Months of Reserves | 7.7 months |
Financial Health Grade: A
In 2023, Global Detroit reported a surplus of $324K with revenue exceeding expenses, holds 7.7 months of operating reserves (strong position), has a debt-to-asset ratio of 43.8% (moderate leverage).
Financial Trends
Over 10 years of filings (2014–2023), Global Detroit's revenue has grown at a compound annual growth rate (CAGR) of 25.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +50.6% | +29.6% | +49.2% |
| 2022 | -3.1% | +15.1% | -13.0% |
| 2021 | +32.8% | +12.3% | +47.0% |
| 2020 | -22.4% | -3.3% | -1.5% |
| 2019 | +86.9% | +122.0% | +59.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Global 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 Global 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 surplus of $324K, with revenue exceeding expenses.
- Debt-to-asset ratio: 43.8%.
Frequently Asked Questions about Global Detroit
Is Global Detroit a legitimate charity?
Based on AI analysis of IRS 990 filings, Global Detroit (EIN: 383880502) insufficient data. 0 red flags identified, 0 strengths noted.
How does Global Detroit spend its money?
Detailed spending breakdown data is not yet available for Global Detroit. Check back for updated IRS 990 analysis.
Are donations to Global Detroit tax-deductible?
Global Detroit is registered as a tax-exempt nonprofit (EIN: 383880502). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Global Detroit located?
Global Detroit is headquartered in Detroit, Michigan and files with the IRS under EIN 383880502. It is classified under NTEE code S30.
How many years of IRS 990 filings does Global Detroit have?
Global Detroit 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 $4.8M in total revenue.
Filing History
IRS 990 filing history for Global Detroit showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), Global Detroit's revenue has grown by 696.6%, moving from $494K to $3.9M. Total assets increased by 806.7% over the same period, from $256K to $2.3M. Total functional expenses rose by 1260%, from $265K to $3.6M. In its most recent filing year (2023), Global Detroit reported a surplus of $324K, with revenue exceeding expenses. The organization holds $1.0M in liabilities against $2.3M in assets (debt-to-asset ratio: 43.8%), resulting in net assets of $1.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.9M | $3.6M | $2.3M | $1.0M | — | — |
| 2022 | $2.6M | $2.8M | $1.6M | $587K | — | View 990 |
| 2021 | $2.7M | $2.4M | $1.8M | $647K | — | View 990 |
| 2020 | $2.0M | $2.2M | $1.2M | $354K | — | — |
| 2019 | $2.6M | $2.2M | $1.2M | $249K | — | View 990 |
| 2018 | $1.4M | $1.0M | $776K | $181K | — | View 990 |
| 2017 | $714K | $744K | $254K | $55K | — | View 990 |
| 2016 | $721K | $657K | $273K | $44K | — | View 990 |
| 2015 | $547K | $641K | $212K | $46K | — | View 990 |
| 2014 | $494K | $265K | $256K | $13K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.9M, expenses of $3.6M, and assets of $2.3M (revenue +50.6% year-over-year).
- 2022: Revenue of $2.6M, expenses of $2.8M, and assets of $1.6M (revenue -3.1% year-over-year).
- 2021: Revenue of $2.7M, expenses of $2.4M, and assets of $1.8M (revenue +32.8% year-over-year).
- 2020: Revenue of $2.0M, expenses of $2.2M, and assets of $1.2M (revenue -22.4% year-over-year).
- 2019: Revenue of $2.6M, expenses of $2.2M, and assets of $1.2M (revenue +86.9% year-over-year).
- 2018: Revenue of $1.4M, expenses of $1.0M, and assets of $776K (revenue +96.0% year-over-year).
- 2017: Revenue of $714K, expenses of $744K, and assets of $254K (revenue -0.9% year-over-year).
- 2016: Revenue of $721K, expenses of $657K, and assets of $273K (revenue +31.7% year-over-year).
- 2015: Revenue of $547K, expenses of $641K, and assets of $212K (revenue +10.9% year-over-year).
- 2014: Revenue of $494K, expenses of $265K, and assets of $256K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Global Detroit:
Data Sources and Methodology
This transparency report for Global 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.