Friends of Children-detroit is a 501(c)(3) organization based in Detroit, Michigan, registered in 2020, with $1,678,985 in FY2023 revenue. CharityIndex grades it B.
Revenue (FY2023)
$1.7M
▲ 69.3% vs prior year
Crime & Legal median: $309K
Expenses (FY2023)
$1.5M
Net assets
$1.8M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →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 Friends of Children-detroit— 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 Friends of Children-detroit: 14 mo reserves · +8% margin earns a A 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 Friends of Children-detroit— 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 Friends of Children-detroit: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $1.4M (FY2019) to $1.7M (FY2023) across 5 reported years.
Financial snapshot
Operating margin
7.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.0M
Total liabilities
$127K
Net assets
$1.8M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $1,678,985▲69.3% | $1,548,127▲17.8% | $1,831,679▲7.7% | $1,958,403▲5.7% | 990 |
| 2022 | $991,930▼50.4% | $1,314,554▲29.3% | $1,700,821▼15.9% | $1,853,173▼12.8% | 990 |
| 2021 | $2,001,602▲97.1% | $1,016,290▲13.5% | $2,023,445▲94.0% | $2,124,179▲83.0% | 990 |
| 2020 | $1,015,612▼28.4% | $895,637▲86.2% | $1,043,133▲11.2% | $1,160,971▲20.2% | 990 |
| 2019 | $1,419,083 | $480,925 | $938,158 | $965,755 | 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.
15 grants to Friends of Children-detroit totaling $1.4M, reported by foundations on their Schedule I filings.
Explore more
Data for Friends of Children-detroit (EIN 82-1577991) 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.