Philippine American Community Center Of Michigan
EIN: 382448801 · Southfield, MI · NTEE: B26Z
| Metric | Value |
|---|---|
| Total Revenue | $318K |
| Total Expenses | $243K |
| Net Assets | $685K |
Is Philippine American Community Center Of Michigan Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Philippine American Community Center Of Michigan
Philippine American Community Center Of Michigan (EIN: 382448801) is a nonprofit organization based in Southfield, MI, classified under NTEE code B26Z. The organization reported total revenue of $318K and total assets of $685K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Philippine American Community Center Of Michigan's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Philippine American Community Center Of Michigan is a small nonprofit that has been operating for 39 years, with 12 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 11.2%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $317K |
| Total Expenses | $243K |
| Surplus / Deficit | +$74K |
| Total Assets | $685K |
| Net Assets | $685K |
| Operating Margin | 23.4% |
| Months of Reserves | 33.9 months |
Financial Health Grade: A
In 2024, Philippine American Community Center Of Michigan reported a surplus of $74K with revenue exceeding expenses, holds 33.9 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2012–2024), Philippine American Community Center Of Michigan's revenue has grown at a compound annual growth rate (CAGR) of 11.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +117.8% | +92.3% | +33.0% |
| 2023 | +101.3% | +17.8% | +3.9% |
| 2022 | -33.0% | +41.4% | +49567000.0% |
| 2021 | +31.9% | -31.0% | -100.0% |
| 2020 | +1.1% | +2.9% | -78.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1987 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Philippine American Community Center Of Michigan 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 Philippine American Community Center Of Michigan 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 $74K, with revenue exceeding expenses.
Frequently Asked Questions about Philippine American Community Center Of Michigan
Is Philippine American Community Center Of Michigan a legitimate charity?
Philippine American Community Center Of Michigan (EIN: 382448801) is a registered tax-exempt nonprofit based in Michigan. It has 12 years of IRS 990 filings on record. Total revenue: $318K. No red flags identified. Financial health grade: A.
How does Philippine American Community Center Of Michigan spend its money?
Philippine American Community Center Of Michigan reported $318K in total revenue in IRS 990 filings. 12 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Philippine American Community Center Of Michigan tax-deductible?
Philippine American Community Center Of Michigan is registered as a tax-exempt nonprofit (EIN: 382448801). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Philippine American Community Center Of Michigan located?
Philippine American Community Center Of Michigan is headquartered in Southfield, Michigan and files with the IRS under EIN 382448801. It is classified under NTEE code B26Z.
How many years of IRS 990 filings does Philippine American Community Center Of Michigan have?
Philippine American Community Center Of Michigan has 12 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 $318K in total revenue.
Filing History
IRS 990 filing history for Philippine American Community Center Of Michigan showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2024), Philippine American Community Center Of Michigan's revenue has grown by 258.2%, moving from $88K to $317K. Total assets increased by 19.6% over the same period, from $573K to $685K. Total functional expenses rose by 174.6%, from $88K to $243K. In its most recent filing year (2024), Philippine American Community Center Of Michigan reported a surplus of $74K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $317K | $243K | $685K | $0 | — | — |
| 2023 | $146K | $126K | $515K | $35K | — | View 990 |
| 2022 | $72K | $107K | $496K | $35K | — | — |
| 2021 | $108K | $76K | $1 | $0 | — | — |
| 2020 | $82K | $110K | $113K | $0 | — | View 990 |
| 2019 | $81K | $107K | $528K | $0 | — | View 990 |
| 2018 | $87K | $107K | $555K | $486 | — | View 990 |
| 2016 | $177K | $122K | $607K | $-499 | — | View 990 |
| 2015 | $140K | $115K | $553K | $0 | — | View 990 |
| 2014 | $58K | $91K | $528K | $0 | — | View 990 |
| 2013 | $90K | $103K | $560K | $0 | — | View 990 |
| 2012 | $88K | $88K | $573K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $317K, expenses of $243K, and assets of $685K (revenue +117.8% year-over-year).
- 2023: Revenue of $146K, expenses of $126K, and assets of $515K (revenue +101.3% year-over-year).
- 2022: Revenue of $72K, expenses of $107K, and assets of $496K (revenue -33.0% year-over-year).
- 2021: Revenue of $108K, expenses of $76K, and assets of $1 (revenue +31.9% year-over-year).
- 2020: Revenue of $82K, expenses of $110K, and assets of $113K (revenue +1.1% year-over-year).
- 2019: Revenue of $81K, expenses of $107K, and assets of $528K (revenue -7.5% year-over-year).
- 2018: Revenue of $87K, expenses of $107K, and assets of $555K (revenue -50.7% year-over-year).
- 2016: Revenue of $177K, expenses of $122K, and assets of $607K (revenue +26.6% year-over-year).
- 2015: Revenue of $140K, expenses of $115K, and assets of $553K (revenue +142.0% year-over-year).
- 2014: Revenue of $58K, expenses of $91K, and assets of $528K (revenue -35.8% year-over-year).
- 2013: Revenue of $90K, expenses of $103K, and assets of $560K (revenue +2.0% year-over-year).
- 2012: Revenue of $88K, expenses of $88K, and assets of $573K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Philippine American Community Center Of Michigan:
Data Sources and Methodology
This transparency report for Philippine American Community Center Of Michigan 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.