Lutheran Non-profit Housing Corp Ann Arbor-sequoia Place
501(c)(3) Donations tax-deductible
Only null% goes to programs Thin reserves
Lutheran Non-profit Housing Corp Ann Arbor-sequoia Place is a 501(c)(3) organization based in Detroit, Michigan, registered in 1988, with $465,633 in FY2024 revenue. CharityIndex grades it D.
8131 E Jefferson Ave, Detroit, MI, 48214 EIN 38-3112348 Since 1988
Revenue (FY2024)
$466K
▲ 9.0% vs prior year
Expenses (FY2024)
$597K
Net assets
-$2.5M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—Program efficiency40% of the ratingNo expense breakdown in filings
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 Lutheran Non-profit Housing Corp Ann Arbor-sequoia Place— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating0 mo reserves · -28% margin
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 Lutheran Non-profit Housing Corp Ann Arbor-sequoia Place: 0 mo reserves · -28% margin earns a F on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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 Lutheran Non-profit Housing Corp Ann Arbor-sequoia Place— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
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 Lutheran Non-profit Housing Corp Ann Arbor-sequoia Place: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
Financial trends
Revenue grew from $333K (FY2013) to $466K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $4.3MNet assets -$2.5M
Operating margin
-28.3%
Spent more than it raised in the latest fiscal year.
Total assets
$1.8M
Total liabilities
$4.3M
Net assets
-$2.5M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $465,633▲9.0% | $597,291▲3.0% | -$2,496,400▼5.6% | $1,760,839▼8.4% | 990 |
| 2023 | $427,173▼3.9% | $580,024▲1.6% | -$2,364,742▼6.9% | $1,922,857▼7.7% | 990 |
| 2022 | $444,428▼1.4% | $570,827▲1.5% | -$2,211,891▼6.1% | $2,082,184▼5.8% | 990 |
| 2021 | $450,562▲37.3% | $562,178▲13.2% | -$2,085,492▼5.7% | $2,210,960▼6.5% | 990 |
| 2020 | $328,248▼20.6% | $496,466▲5.9% | -$1,973,876▼9.3% | $2,364,920▲35.0% | 990 |
| 2019 | $413,286▼0.1% | $468,767▼5.6% | -$1,805,658▼3.2% | $1,751,851▼1.5% | 990 |
| 2018 | $413,832▲3.5% | $496,635▲6.2% | -$1,750,177▼5.0% | $1,778,241▼4.2% | 990 |
| 2017 | $399,703▲1.1% | $467,585▲1.7% | -$1,667,374▼4.2% | $1,855,471▼3.8% | 990 |
| 2016 | $395,286▲6.9% | $459,726▼4.9% | -$1,599,492▼4.2% | $1,928,315▼3.1% | 990 |
| 2015 | $369,753▲6.2% | $483,653▲7.1% | -$1,535,052▼8.0% | $1,990,020▼4.7% | 990 |
| 2014 | $348,250▲4.6% | $451,450▲4.0% | -$1,421,152▼7.8% | $2,087,679▼4.9% | 990 |
| 2013 | $333,064 | $433,930▲5.2% | -$1,317,952▼8.3% | $2,194,116▼4.4% | 990 |
| 2012 | — | $412,291▼0.9% | -$1,217,086▼7.2% | $2,295,067▼3.3% | 990 |
| 2011 | — | $416,111▲0.4% | -$1,135,866▼9.5% | $2,373,540▼4.0% | 990 |
| 2010 | — | $414,348 | -$1,037,488 | $2,472,084 | 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.
Frequently asked questions
- Is Lutheran Non-profit Housing Corp Ann Arbor-sequoia Place a legitimate nonprofit?
- Yes. Lutheran Non-profit Housing Corp Ann Arbor-sequoia Place is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 38-3112348, based in Detroit, Michigan. Donations are tax-deductible.
- What is Lutheran Non-profit Housing Corp Ann Arbor-sequoia Place's EIN?
- Lutheran Non-profit Housing Corp Ann Arbor-sequoia Place's Employer Identification Number (EIN) is 38-3112348.
- How much revenue does Lutheran Non-profit Housing Corp Ann Arbor-sequoia Place report?
- Lutheran Non-profit Housing Corp Ann Arbor-sequoia Place reported $465,633 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Lutheran Non-profit Housing Corp Ann Arbor-sequoia Place have?
- CharityIndex grades Lutheran Non-profit Housing Corp Ann Arbor-sequoia Place D, based on financial health (reserves and operating margin).
More nonprofits in Detroit
Explore more
Data for Lutheran Non-profit Housing Corp Ann Arbor-sequoia Place (EIN 38-3112348) 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.