CSCharityScored
46

Develop Detroit Inc

Community Development · Southfield, Michigan

25200 Telegraph, Southfield, MI 48033-2543

EIN: 811368616· Founded: Jun 2016· 10 years active· Filing Year: 2023

Annual Revenue

$5.8M

Total Expenses

$4.1M

Total Assets

$27.7M

Program Spending

28%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$529K

12.9% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$744K

Total Payroll

$1.3M

31% of total expenses

Where the Money Goes

28%
Programs: 28%
Payroll: 31%
Other overhead: 72%
Program Revenue$1.2M (20%)
Total Expenses$4.1M (70%)
Payroll$1.3M (31%)
Overhead (non-program)72%

Trust Score Breakdown

Program Spending Ratio

28% of expenses go to programs

40%

Revenue & Stability

$5.8M annual revenue

15%

Executive Compensation

$529K total officer comp (12.9% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$27.7M in assets

10%

Similar Community Development Nonprofits in Michigan

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.