S โ€” Community Improvement & Capacity BuildingEIN: 450477283ยท Ruling Year: 2003

Detroit Metropolitan Apartment Association

Bingham Farms, Michigan

B-Health Score
54B-

Financial Health Score

8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.

Average

๐Ÿ’ฐ
$632K
Total Revenue
๐Ÿ“Š
$632K
Total Expenses
๐Ÿฆ
$132K
Net Assets
๐Ÿ“‹
$299
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+39.8%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+0.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.21
Net assets divided by total expenses
Liabilities-to-Assets
0.2%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$632,201โ†‘40%$632,111โ†‘23%$132,173โ†“11%
2022$452,143โ†‘24%$513,517โ†‘41%$149,229โ†“29%
2021$364,390โ†‘22%$364,520โ†‘9%$209,513
2020$297,783โ†“18%$334,239โ†“22%$209,542โ†“24%
2019$364,732โ†“1%$430,170โ†“2%$277,121โ†“14%
2018$368,132โ†“19%$437,317โ†‘7%$321,766โ†“17%
2017$454,073โ†‘7%$409,821โ†‘20%$388,978โ†‘14%
2016$425,229โ†‘32%$341,237โ†‘27%$341,363โ†‘26%
2015$321,648โ†‘5%$269,036โ†‘8%$269,955โ†‘35%
2014$307,492โ†“10%$249,837โ†“6%$199,814โ†“4%
2013$342,444โ†‘25%$266,074โ†‘4%$207,147โ†‘72%
2012$273,642โ†‘14%$256,594โ†‘12%$120,339โ†‘59%
2011$239,441$229,734$75,905

Frequently Asked Questions

What does Detroit Metropolitan Apartment Association do?โ–ผ

Detroit Metropolitan Apartment Association is a community improvement & capacity building nonprofit organization based in Michigan. It is classified under NTEE code S41 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Detroit Metropolitan Apartment Association financially healthy?โ–ผ

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Detroit Metropolitan Apartment Association.

How much revenue does Detroit Metropolitan Apartment Association generate?โ–ผ

Detroit Metropolitan Apartment Association reports $746K in annual revenue and holds $107K in total assets, based on IRS filings.

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Detroit Metropolitan Apartment Association โ€” Bingham Farms, MI | GiveScope