U Snap Bac Inc is a 501(c)(3) organization based in Detroit, Michigan, registered in 1993, with $1,100,437 in FY2024 revenue. CharityIndex grades it D.
Revenue (FY2024)
$1.1M
▼ 77.8% vs prior year
Housing median: $408K
Expenses (FY2024)
$1.5M
Net assets
$512K
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 U Snap Bac 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 U Snap Bac Inc: 4 mo reserves · -36% margin earns a D 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 U Snap Bac 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 U Snap Bac Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $976K (FY2018) to $1.1M (FY2024) across 7 reported years.
Financial snapshot
Operating margin
-36.1%
Spent more than it raised in the latest fiscal year.
Total assets
$512K
Total liabilities
$0
Net assets
$512K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,100,437▼77.8% | $1,498,185▼66.8% | $512,012▼43.7% | $512,012▼43.7% | 990 |
| 2023 | $4,967,087▲697% | $4,507,374▲441% | $909,760▲102% | $909,760▲102% | 990 |
| 2022 | $622,868▼27.0% | $833,008▼15.1% | $450,047▼31.8% | $450,047▼31.8% | 990 |
| 2021 | $852,889▼41.7% | $981,562▲20.7% | $660,187▼16.3% | $660,187▼16.3% | 990 |
| 2020 | $1,463,966▲202% | $813,206▲53.0% | $788,624▲472% | $788,624▲460% | 990 |
| 2019 | $484,976▼50.3% | $531,484▼38.3% | $137,864▼31.5% | $140,864▼47.7% | 990 |
| 2018 | $976,372 | $861,980 | $201,348 | $269,582 | 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.
16 grants to U Snap Bac Inc totaling $1.1M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Enterprise Community Partners Inc | Loans, grants and resource development | 2024 | $193,600 |
| Charities Aid Foundation America | Charitable donation | 2024 | $30,000 |
| Enterprise Community Partners Inc | Community development fund | 2023 | $193,600 |
| Enterprise Community Partners Inc | Community development fund | 2022 | $143,600 |
| Charities Aid Foundation America | Charitable donation | 2022 | $25,000 |
| Mightycause Charitable Foundation | Unrestricted | 2022 | $18,825 |
| Mht Housing Inc | Community computer lab | 2022 | $10,290 |
| Enterprise Community Partners Inc | Emergency action for residents & partners stability | 2021 | $140,000 |
| Charities Aid Foundation America | Charitable donation | 2021 | $24,750 |
| Enterprise Community Partners Inc | Community preservation and development | 2020 | $90,000 |
| Charities Aid Foundation America | Charitable donation | 2020 | $25,000 |
| Enterprise Community Partners Inc | Capacity building | 2019 | $150,000 |
| Local Initiatives Support Corporation | See part iv | 2017 | $12,500 |
| Enterprise Community Partners Inc | Capacity building | 2017 | $5,000 |
| Local Initiatives Support Corporation | See part iv | 2016 | $11,000 |
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Data for U Snap Bac Inc (EIN 38-2810323) 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.