Center for Community Based Enterprise

Nonprofit profile at a glance

EIN
261336414
IRS 990 coverage
2015–2024
Forms available
Form 990 2024, Form 990-EZ 2023, Form 990-N 2013
Location
Detroit, MI, USA
Rating
68
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Urban, Community Economic Development

Official website

Reported finances

Revenue
$291,610
Expenses
$243,292
Assets
$85,987
Liabilities
$77,934

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

Leadership & pay

12 people listed

Executive titles in this filing

  • KAREN TYLER-RUIZ (EXECUTIVE DIRECTOR)

People named in this filing

  • SARAH CRAFT (DIRECTOR)
  • JUWON HARRIS (DIRECTOR)
  • DELPHIA SIMMONS (DIRECTOR)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

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

Overview

Mission

The center for community based enterprise is a non-profit organization working to create living-wage jobs through worker-ownership in all of its forms. We provide legal help, technical assistance, education, and collaboration to individuals.

What it reported doing in 2024

.in the 10/01/2023-09/30/2024 tax year, c2be has provided employee ownership exploration services to 45 unique businesses; plus an additional 16 businesses that we worked with in both 2023 and 2024, for a total of 61 businesses. .c2be has 3 active businesses getting financial and management assesment for worker ownership, including a project we are working on jointly with another detroit-based cooperative developer. .c2be worked with two detroit legacy black-owned businesses, to help them consider employee ownership as an exit strategy. .c2be received technical assitance funding via the treasury departments state small business credit initiative (ssbc) technical assistance program. As part of a consortium of four Michigan organizations around the state, we are all focused on businesses that center people, with a particular interest in all variations of employee relationship, managed by the Michigan economic development corporation. It is the first time in recent recent history that the state is investing in employee ownership as a business strategy. The funding initiative aims to increase small businesses access to technical assisitance and loan capital, and in this case potential employee owned business as a focus. .c2be2 has participated in 12 educational presentations on some aspect of employee ownership to over 450 individuals. Hat center people, with a particular interest in all variations of employee ownership, managed by the Michigan economic development corporation.it is the first time in recent history that the state is investing in employee ownership as a business strategy. The funding initiative aims to increase small businesses access to technical assisitance and loan capital, and in this case potential employee owned business as a focus. .c2be2 has participated in 12 educational presentations on some aspect of employee ownership to over 450 individuals.

Operating model

Revenue model
Donor-supported. 66% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 65
  • Transparency & Controls: 90
  • Accountability: 64
  • Sustainability: 47
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 57.7%; rating input score 58
  • Program expense ratio: 69.2%; rating input score 69
  • Fundraising efficiency: $119.4 raised per $1 spent on fundraising; rating input score 87; 87th percentile among comparable filings

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: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 1 of 7 controls in place; rating input score 14
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 16.6%; rating input score 70; 70th percentile among comparable filings
  • Total-asset coverage ratio: 0.35; rating input score 18; 18th percentile among comparable filings
  • Liabilities to assets ratio: 0.91; rating input score 6; 6th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings

Growth

  • Program expense growth: -5.8% per year; rating input score 0; 16th percentile among comparable filings
  • Revenue growth: -4.4% per year; rating input score 0; 11th percentile among comparable filings
  • Asset growth: -2.7% per year; rating input score 0; 16th percentile among comparable filings

Details

  • Where the money goes: 57.7% of revenue deployed · 69.2% of spending went to programs
  • Governance: 15 of 15 board members independent · 1 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $168K in reported program spending
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 27 of 27 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 8 filing years from 2015 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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.

  • Review — Financial Efficiency: Mission deployment rate scored 58/100.
  • High — Accountability: Governance controls: 5 of 6 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 18/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 6/100.