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    Community Foundation for Southeast Michigan

    Community Foundation for Southeast Michigan

     

    Is this your nonprofit?

    501(c)(3) organization

    Donations are tax-deductible

    http://www.cfsem.org/

    333 West Fort Street
    Suite 2010
    Detroit MI 48226

    313-961-6675


    Detroit MI | IRS ruling year: 1984 | EIN: 38-2530980  

     

    Organization Mission

    The Community Foundation for Southeast Michigan is a permanent community endowment built by gifts from thousands of individuals and organizations committed to the fu ... (More)

     


    Rating Information

    star rating graphic

    Great


    This charity's score is 99%, earning it a Four-Star rating. If this organization aligns with your passions and values, you can give with confidence.


    This overall score is calculated entirely from a single beacon score, weighted as follows: 100% Accountability & Finance. Learn more about our criteria and methodology.

    Beacon Weights  
    Historical Ratings  

    Rating Report

    • Impact & Results
    • Accountability & Finance
    • Culture & Community
    • Leadership & Adaptability
    Accountability & Finance
    Impact & ResultsAccountability & FinanceCulture & CommunityLeadership & Adaptability

     

    Accountability & Finance

     

    Score

    99

    Most Recent Fiscal Year:
    FY 2022

    This beacon provides an assessment of a charity's financial health (financial efficiency, sustainability, and trustworthiness) and its commitment to governance practices and policies.

    Learn more

     

    Key Accountability Metrics

    Full Credit
      
    Partial Credit
      
    No Credit
    Majority Independent Board Members - 100% independent members6 out of 6 points  
    Independent Board Size - 53 independent members6 out of 6 points  
    Financial Statements - Audit and Oversight Committee12 out of 12 points  
    Material Diversion of Assets - None12 out of 12 points  

    Tax Form Disclosures and Policies

    Full Credit
      
    Partial Credit
      
    No Credit
    Website Listed on Tax Form - Listed3 out of 3 points  
    Conflict of Interest Policy - Listed5 out of 5 points  
    Whistleblower Policy - Listed5 out of 5 points  
    Document Retention and Destruction - Listed5 out of 5 points  
    Documents Board Meeting Minutes - Yes3 out of 3 points  
    Compensates Board - No5 out of 5 points  
    Tax Form Distributed to Board Before Filing - Listed3 out of 3 points  
    Loans to/from Officers - Missing5 out of 5 points  
    Reports CEO and Compensation on Tax Form - Listed5 out of 5 points  
    CEO Compensation Process - Listed5 out of 5 points  

    Website Disclosures

    Full Credit
      
    Partial Credit
      
    No Credit
    Tax Form Posted on Nonprofit's Website - Listed5 out of 5 points  
    Audit Posted on Nonprofit's Website - Listed5 out of 5 points  
    Staff Members Listed on Nonprofit's Website - Listed3 out of 3 points  
    Board Members Posted on Nonprofit's Website - Listed5 out of 5 points  
    Donor Privacy Policy Posted on Nonprofit's Website - Missing0 out of 2 points  

    Financial Metrics

    Full Credit
      
    Partial Credit
      
    No Credit
    Liabilities to Assets: Ratio - 2.58%25 out of 25 points  
    Program Expense: Ratio - 89.13%25 out of 25 points  
    Fundraising Efficiency: Ratio - $0.0125 out of 25 points  
    Working Capital: Ratio - 10.12 years25 out of 25 points  

    Additional Information

    Total Revenue and Expenses - Data Available  
    Salary of Key Persons - Data Available  
    IRS Published Data (Business Master File) - Data Available  
    Data Sources (IRS Forms 990) - Data Available  

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