Benevolent Society

Nonprofit profile at a glance

EIN
852831854
IRS 990 coverage
2021–2024
Forms available
Form 990 2024, Form 990-N 2020
Location
Detroit, MI, USA
Phone
3133552150
Rating
55
Verdict
MIXED
Rating confidence
Moderate
Sector
Community Improvement, Capacity Building N.E.C.

Reported finances

Revenue
$122,836
Expenses
$52,639
Assets
$0
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

2 people listed

Executive titles in this filing

  • CHARLES E WILLIAMS II (EXECUTIVE DIRECTOR)

Highest reported compensation

  • WOVINA A ELAM (CFO): $550 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The nbsp; benevolent nbsp; society nbsp; disrupts nbsp; traditional nbsp; social nbsp; service nbsp; strategies nbsp; by nbsp; organizing nbsp; communities nbsp; to nbsp; build nbsp; themselves nbsp; to nbsp; do nbsp; this nbsp; we nbsp; utilize nbsp; religious nbsp; affiliations nbsp; traditional nbsp; community nbsp; practices nbsp; and nbsp; indigenous nbsp; community nbsp; relationships

What it reported doing in 2024

The community warming center project is at historic king solomon mbc 6125 14th street. We will open a community warming and wellness center progress has been made by replacing windows in the building. Historic king solomon is currently storing hea. Also creating a clothing closet to serve the community with free clothing.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of voting board members are independent.

Rating breakdown

  • Financial Efficiency: 45
  • Transparency & Controls: 90
  • Accountability: 26
  • Sustainability: 48
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 33.7%; rating input score 34
  • Program expense ratio: 78.6%; rating input score 79
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 0%; rating input score 0; 7th percentile among comparable filings
  • Governance controls: 5 of 8 controls in place; rating input score 62
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 57.1%; rating input score 93; 93rd percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 1; 1st percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 1%; rating input score 36; 36th percentile among comparable filings

Growth

  • Program expense growth: 86.4% per year; rating input score 100; 98th percentile among comparable filings
  • Revenue growth: -41.9% per year; rating input score 0; 1st percentile among comparable filings
  • Asset growth: Limited

Details

  • Where the money goes: 33.7% of revenue deployed · 78.6% of spending went to programs
  • Governance: 0 of 5 board members independent · 5 of 8 filing controls reported
  • Programs: 2 filed program accomplishments · $31K in reported program spending
  • Leadership: top reported pay $550 · 2 people listed
  • Consistency: 11 of 13 current checks pass · 2 findings to review
  • Schedules: 2 filed schedules
  • Filing history: 4 filing years from 2021 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: Filed and resolved organization relationships.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Financial Efficiency: Mission deployment rate scored 34/100.
  • High — Accountability: Independent voting board scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Accountability: Governance controls: 2 of 7 not reported.
  • Moderate — Transparency & Controls: Functional expense sum did not reconcile in the filed values.
  • Moderate — Transparency & Controls: Part IX OfficeExpenses column sum did not reconcile in the filed values.
  • High — Sustainability: Total-asset coverage ratio scored 1/100.
  • Moderate — Sustainability: Officer compensation ratio scored 36/100.