42
Prosperus Detroit Micro Lending
Community Development · Detroit, Michigan
440 Burroughs St Ste 360, Detroit, MI 48202-3472
EIN: 462997666· Founded: Jun 2020· 6 years active· Filing Year: 2023
Annual Revenue
$1.8M
Total Expenses
$2.2M
Total Assets
$4.2M
Program Spending
5%
of expenses go to programs
Compensation & Payroll
Total Officer Compensation
$149K
6.6% of total expenses
All officers, directors, and key employees combined
Other Salaries & Wages
$904K
Total Payroll
$1.1M
47% of total expenses
Where the Money Goes
5%
Programs: 5%
Payroll: 47%
Other overhead: 95%
Program Revenue$119K (7%)
Total Expenses$2.2M (100%)
Payroll$1.1M (47%)
Overhead (non-program)95%
Trust Score Breakdown
Program Spending Ratio
5% of expenses go to programs
Revenue & Stability
$1.8M annual revenue
Executive Compensation
$149K total officer comp (6.6% of expenses)
Filing Recency
Most recent filing: 2023
Asset Strength
$4.2M in assets
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.