Metropolitan Det Bur Of Sch St Inc Wayne State University
EIN: 381426899 · Detroit, MI · NTEE: B20E
| Metric | Value |
|---|---|
| Total Revenue | $414K |
| Total Expenses | $372K |
| Net Assets | $96K |
Is Metropolitan Det Bur Of Sch St Inc Wayne State University Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Metropolitan Det Bur Of Sch St Inc Wayne State University
Metropolitan Det Bur Of Sch St Inc Wayne State University (EIN: 381426899) is a nonprofit organization based in Detroit, MI, classified under NTEE code B20E. The organization reported total revenue of $414K and total assets of $292K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Metropolitan Det Bur Of Sch St Inc Wayne State University's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Metropolitan Det Bur Of Sch St Inc Wayne State University is a small nonprofit that has been operating for 54 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of -1.8%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $380K |
| Total Expenses | $372K |
| Surplus / Deficit | +$7K |
| Total Assets | $216K |
| Total Liabilities | $120K |
| Net Assets | $96K |
| Operating Margin | 1.9% |
| Debt-to-Asset Ratio | 55.4% |
| Months of Reserves | 7.0 months |
Financial Health Grade: A
In 2024, Metropolitan Det Bur Of Sch St Inc Wayne State University reported a surplus of $7K with revenue exceeding expenses, holds 7.0 months of operating reserves (strong position), has a debt-to-asset ratio of 55.4% (high leverage).
Financial Trends
Over 14 years of filings (2011–2024), Metropolitan Det Bur Of Sch St Inc Wayne State University's revenue has declined at a compound annual growth rate (CAGR) of -1.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -5.7% | -2.9% | -11.8% |
| 2023 | +7.7% | -0.7% | +4.0% |
| 2022 | +15.3% | +20.3% | +7.4% |
| 2021 | -6.2% | -11.6% | +38.7% |
| 2020 | -12.9% | +2.9% | +3.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1972 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Metropolitan Det Bur Of Sch St Inc Wayne State University 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 Metropolitan Det Bur Of Sch St Inc Wayne State University 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $7K, with revenue exceeding expenses.
- Debt-to-asset ratio: 55.4%.
Frequently Asked Questions about Metropolitan Det Bur Of Sch St Inc Wayne State University
Is Metropolitan Det Bur Of Sch St Inc Wayne State University a legitimate charity?
Metropolitan Det Bur Of Sch St Inc Wayne State University (EIN: 381426899) is a registered tax-exempt nonprofit based in Michigan. It has 14 years of IRS 990 filings on record. Total revenue: $414K. No red flags identified. Financial health grade: A.
How does Metropolitan Det Bur Of Sch St Inc Wayne State University spend its money?
Metropolitan Det Bur Of Sch St Inc Wayne State University reported $414K in total revenue in IRS 990 filings. 14 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Metropolitan Det Bur Of Sch St Inc Wayne State University tax-deductible?
Metropolitan Det Bur Of Sch St Inc Wayne State University is registered as a tax-exempt nonprofit (EIN: 381426899). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Metropolitan Det Bur Of Sch St Inc Wayne State University located?
Metropolitan Det Bur Of Sch St Inc Wayne State University is headquartered in Detroit, Michigan and files with the IRS under EIN 381426899. It is classified under NTEE code B20E.
How many years of IRS 990 filings does Metropolitan Det Bur Of Sch St Inc Wayne State University have?
Metropolitan Det Bur Of Sch St Inc Wayne State University has 14 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 $414K in total revenue.
Filing History
IRS 990 filing history for Metropolitan Det Bur Of Sch St Inc Wayne State University showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Metropolitan Det Bur Of Sch St Inc Wayne State University's revenue has declined by 21.1%, moving from $481K to $380K. Total assets decreased by 20.5% over the same period, from $271K to $216K. Total functional expenses fell by 16.3%, from $445K to $372K. In its most recent filing year (2024), Metropolitan Det Bur Of Sch St Inc Wayne State University reported a surplus of $7K, with revenue exceeding expenses. The organization holds $120K in liabilities against $216K in assets (debt-to-asset ratio: 55.4%), resulting in net assets of $96K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $380K | $372K | $216K | $120K | — | — |
| 2023 | $403K | $383K | $245K | $156K | — | — |
| 2022 | $374K | $386K | $235K | $165K | — | View 990 |
| 2021 | $324K | $321K | $219K | $179K | — | View 990 |
| 2020 | $346K | $363K | $158K | $122K | — | View 990 |
| 2019 | $397K | $353K | $153K | $99K | — | View 990 |
| 2018 | $337K | $347K | $103K | $93K | — | View 990 |
| 2017 | $313K | $391K | $89K | $70K | — | View 990 |
| 2016 | $360K | $425K | $156K | $58K | — | View 990 |
| 2015 | $412K | $413K | $261K | $98K | — | View 990 |
| 2014 | $484K | $446K | $222K | $59K | — | View 990 |
| 2013 | $471K | $472K | $172K | $47K | — | View 990 |
| 2012 | $472K | $464K | $264K | $61K | — | View 990 |
| 2011 | $481K | $445K | $271K | $76K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $380K, expenses of $372K, and assets of $216K (revenue -5.7% year-over-year).
- 2023: Revenue of $403K, expenses of $383K, and assets of $245K (revenue +7.7% year-over-year).
- 2022: Revenue of $374K, expenses of $386K, and assets of $235K (revenue +15.3% year-over-year).
- 2021: Revenue of $324K, expenses of $321K, and assets of $219K (revenue -6.2% year-over-year).
- 2020: Revenue of $346K, expenses of $363K, and assets of $158K (revenue -12.9% year-over-year).
- 2019: Revenue of $397K, expenses of $353K, and assets of $153K (revenue +17.9% year-over-year).
- 2018: Revenue of $337K, expenses of $347K, and assets of $103K (revenue +7.6% year-over-year).
- 2017: Revenue of $313K, expenses of $391K, and assets of $89K (revenue -13.3% year-over-year).
- 2016: Revenue of $360K, expenses of $425K, and assets of $156K (revenue -12.5% year-over-year).
- 2015: Revenue of $412K, expenses of $413K, and assets of $261K (revenue -14.8% year-over-year).
- 2014: Revenue of $484K, expenses of $446K, and assets of $222K (revenue +2.7% year-over-year).
- 2013: Revenue of $471K, expenses of $472K, and assets of $172K (revenue -0.2% year-over-year).
- 2012: Revenue of $472K, expenses of $464K, and assets of $264K (revenue -1.9% year-over-year).
- 2011: Revenue of $481K, expenses of $445K, and assets of $271K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Metropolitan Det Bur Of Sch St Inc Wayne State University:
Data Sources and Methodology
This transparency report for Metropolitan Det Bur Of Sch St Inc Wayne State University 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.