Charity Search / DETROIT ASSOCIATION OF BLACK ORGANIZATIONS DABO INC
Philanthropy & Grantmaking (T50) 990 on File

DETROIT ASSOCIATION OF BLACK ORGANIZATIONS DABO INC

EIN: 47-3081843 · DETROIT, MI 48204-1836 · United States · FY 2024 Data
3 out of 5 51 / 100 Based on 2+ years of filings
Financial strength (30%) 70/100
Reliability (20%) 50/100
Effectiveness (25%) 78/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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CharityAI™ Score
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Financial Overview — FY 2024
$5.2M
Total Revenue
$5.4M
Total Expenses
$720K
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 90.4%
Fundraising Efficiency N/A
Operating Reserve 1.60x
Liability-to-Asset 51.1%
Revenue Diversification 65.7%
Executive Compensation $197K
Compared with Peers
FY 2024
Compared with 5,337 similar organizations (United States, Philanthropy & Grantmaking, $1M–$10M in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
90.4% 90.9%
P10P90
Below median
Admin expense ratio
Management and general / total expenses · lower is better
9.6% 8.3%
P10P90
Below median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.0% 2.1%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
1.6 mo 80.9 mo
P10P90
Bottom quarter
Liabilities to assets
Total liabilities / total assets · lower is better
51.1% 0.0%
P10P90
Bottom quarter
Revenue concentration
Share of revenue from the largest source · lower is better
65.7% 89.7%
P10P90
Top quarter
Revenue growth
Year over year revenue growth
17.1% 21.6%
P10P90
Expense growth
Year over year expense growth
33.3% 9.6%
P10P90
Surplus margin
Surplus as a share of revenue
-2.7% 2.5%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $5.2M $5.4M $720K 90.4% 0
2023 $4.5M $4.0M $965K 78.8% 6
2022 $4.5M $4.0M $456K 88.0% 0
2021 $1.9M $1.9M N/A — 0
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Organization Details
EIN
47-3081843
State
MI
City
DETROIT
ZIP
48204-1836
Classification
T50
Category
Philanthropy & Grantmaking
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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