W-c Development Inc
501(c)(25)
Only null% goes to programs Strong reserves Declining revenue
W-c Development Inc is a 501(c)(25) organization based in Detroit, Michigan, registered in 1996, with $164,655 in FY2024 revenue. CharityIndex grades it C.
4401 Conner St, Detroit, MI, 48215 EIN 38-3305775 Since 1996
Revenue (FY2024)
$165K
▲ 3.3% vs prior year
Expenses (FY2024)
$204K
Net assets
$117K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C
—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 W-c Development Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
C+Financial health25% of the rating7 mo reserves · -24% 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 W-c Development Inc: 7 mo reserves · -24% margin earns a C+ 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 W-c Development Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 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 W-c Development Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue declined from $213K (FY2014) to $165K (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $967KNet assets $117K
Operating margin
-23.6%
Spent more than it raised in the latest fiscal year.
Total assets
$1.1M
Total liabilities
$967K
Net assets
$117K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $164,655▲3.3% | $203,576▲55.8% | $116,555▼25.0% | $1,083,897▼6.7% | 990 |
| 2023 | $159,349▼15.1% | $130,624▲1.4% | $155,476▲22.7% | $1,162,199▼2.7% | 990 |
| 2022 | $187,625▼13.3% | $128,836▼46.5% | $126,751▲86.5% | $1,194,321▲28.6% | 990 |
| 2021 | $216,384▲7.3% | $240,899▲5.0% | $67,962▼26.5% | $928,705▼3.9% | 990 |
| 2020 | $201,721▲3.2% | $229,373▲84.0% | $92,477▼58.0% | $966,028▼15.3% | 990 |
| 2019 | $195,446▼27.7% | $124,667▼11.7% | $220,129▲47.4% | $1,140,020▼2.4% | 990 |
| 2018 | $270,262▲26.3% | $141,143▲5.7% | $149,350▼19.3% | $1,168,561▼8.9% | 990 |
| 2017 | $213,933▲192% | $133,589▲2145% | $185,069▲76.7% | $1,282,418▲8.1% | 990 |
| 2016 | $73,276▼80.8% | $5,950▼98.2% | $104,725▲180% | $1,186,312▲6.8% | 990 |
| 2015 | $381,292▲79.3% | $339,133▲108% | $37,399▼88.2% | $1,111,229▼10.3% | 990 |
| 2014 | $212,659 | $163,154▲47.7% | $315,847▲7.7% | $1,238,856▼4.6% | 990 |
| 2012 | — | $110,484▼61.2% | $293,231▲22.3% | $1,298,911▲13.8% | 990 |
| 2011 | — | $284,793▼3.8% | $239,732▲8.8% | $1,141,027▼1.3% | 990 |
| 2010 | — | $295,980 | $220,382 | $1,155,865 | 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.
Grants received · $70K total
2 grants to W-c Development Inc totaling $70K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Henry Ford Health Providence Hospital | General support | 2016 | $20,000 |
| St John Providence | General support | 2014 | $50,000 |
Frequently asked questions
- Is W-c Development Inc a legitimate nonprofit?
- Yes. W-c Development Inc is a 501(c)(25) organization registered with the U.S. Internal Revenue Service under EIN 38-3305775, based in Detroit, Michigan.
- What is W-c Development Inc's EIN?
- W-c Development Inc's Employer Identification Number (EIN) is 38-3305775.
- How much revenue does W-c Development Inc report?
- W-c Development Inc reported $164,655 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does W-c Development Inc have?
- CharityIndex grades W-c Development Inc C, based on financial health (reserves and operating margin).
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Data for W-c Development Inc (EIN 38-3305775) 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.