Collins Non-profit Apartments Inc is a 501(c)(3) organization based in Warren, Michigan, registered in 1985, with $2,917,410 in FY2024 revenue. CharityIndex grades it D.
Revenue (FY2024)
$2.9M
▲ 4.0% vs prior year
Housing median: $408K
Expenses (FY2024)
$2.5M
Net assets
-$9.1M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Collins Non-profit Apartments Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Collins Non-profit Apartments Inc: 0 mo reserves · +13% margin earns a F on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Collins Non-profit Apartments Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Collins Non-profit Apartments Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $1.5M (FY2013) to $2.9M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
12.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$9.1M
Total liabilities
$18.2M
Net assets
-$9.1M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $2,917,410▲4.0% | $2,541,048▼58.3% | -$9,129,330▲4.0% | $9,053,455▲1.5% | 990 |
| 2023 | $2,804,811▲17.9% | $6,089,043▲10.2% | -$9,505,692▼53.5% | $8,918,281▼30.4% | 990 |
| 2022 | $2,379,817▲51.3% | $5,527,685▲246% | -$6,191,543▼103% | $12,815,894▲384% | 990 |
| 2021 | $1,573,013▲2.4% | $1,599,031▲4.3% | -$3,043,675▼0.9% | $2,648,968▼5.4% | 990 |
| 2020 | $1,536,365▼4.1% | $1,533,062▲1.6% | -$3,017,657▲0.1% | $2,800,062▼2.2% | 990 |
| 2019 | $1,602,561▲1.0% | $1,508,410▼2.6% | -$3,020,960▲3.0% | $2,862,158▼1.6% | 990 |
| 2018 | $1,587,198▲1.6% | $1,548,277▲3.0% | -$3,115,111▲1.2% | $2,908,562▼1.0% | 990 |
| 2017 | $1,562,791▲2.4% | $1,503,259▼0.5% | -$3,154,032▲1.9% | $2,937,309▼1.5% | 990 |
| 2016 | $1,525,879▲2.6% | $1,510,955▲2.8% | -$3,213,564▲0.5% | $2,980,785▼2.0% | 990 |
| 2015 | $1,487,394▼0.6% | $1,470,368▼0.9% | -$3,228,488▲0.5% | $3,041,565▼1.4% | 990 |
| 2014 | $1,495,794▲1.0% | $1,483,092▲7.1% | -$3,245,514▲0.4% | $3,083,218▼1.7% | 990 |
| 2013 | $1,480,875 | $1,384,576▼9.5% | -$3,258,216▲2.9% | $3,135,452▼4.2% | 990 |
| 2012 | — | $1,530,496▲9.0% | -$3,354,515▼2.6% | $3,273,003▲0.2% | 990 |
| 2011 | — | $1,404,264▼5.9% | -$3,270,055▲1.6% | $3,264,853▼1.0% | 990 |
| 2010 | — | $1,492,442 | -$3,323,071 | $3,297,239 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Collins Non-profit Apartments Inc (EIN 22-2585796) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.