Central Detroit Christian Community Development Corporation 
The information on this page was last updated 9/19/2022. If you see errors or omissions, please email: [email protected]
Summary
Central Detroit Christian Community Development Corporation (CDC) is a non-profit, faith based organization committed to empowering people, creating positive opportunities for the community and loving our neighbors as ourselves.
Contact information
Mailing address:
Central Detroit Christian CDC
1550 Taylor St
Detroit, MI 48206
Website: centraldetroitchristian.org
Phone: 313-873-0064
Email: [email protected]
Organization details
EIN: 383128822
CEO/President: Fikre Prince
Chairman: Denise Gray
Board size: 12
Founder: Lisa Johanon and Melvin Green
Ruling year: 1993
Tax deductible: Yes
Fiscal year end: 12/31
Member of ECFA: Yes
Member of ECFA since: 2006
Purpose
Vision: "Once again, men and women of ripe old age will sit in the streets . . . the city streets will be filled with boys and girls there. This is what the Lord Almighty says!" -Zechariah 8:4-5
Mission statement
To transform individuals to reach their highest potential while transforming the community to be a place of peace and wholeness, "Shalom".
Statement of faith
Donor confidence score
Transparency grade
A
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Community Development
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 278 of 1021 | 19 of 82 |
| Fund acquisition rating | | 77 of 1024 | 6 of 82 |
| Resource allocation rating | | 69 of 1024 | 8 of 82 |
| Asset utilization rating | | 1000 of 1021 | 81 of 82 |
Financial ratios
| Funding ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2015 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 8% | 0% | 1% | 1% | 2% | 0% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 5% | 0% | 1% | 1% | 2% | 0% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 83% | 79% | 67% | 67% | 92% | 87% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 5% | 0% | 1% | 1% | 2% | 0% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 17% | 21% | 33% | 33% | 8% | 13% |
| Operating ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2015 |
Program expense ratio Program expense ratio = Program services / Total expenses | 80% | 92% | 88% | 90% | 88% | 93% |
Spending ratio Spending ratio = Total expenses / Total revenue | 87% | 71% | 95% | 57% | 95% | 78% |
Program output ratio Program output ratio = Program services / Total revenue | 68% | 65% | 84% | 51% | 83% | 72% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 13% | 29% | 5% | 43% | 5% | 22% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 14% | 10% | 1% | 18% | 2% | 26% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 13% | 8% | 11% | 9% | 10% | 7% |
| Investing ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2015 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.75 | 0.22 | 0.23 | 0.21 | 0.22 | 0.76 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 2.16 | 11.14 | 13.18 | 18.34 | 12.56 | 4.58 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.69 | 2.43 | 2.99 | 3.79 | 2.82 | 3.50 |
| Liquidity ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2015 |
Current ratio Current ratio = Total current assets / Total current liabilities | 11.20 | -3.74 | -3.52 | 4.17 | 3.68 | 5.24 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.08 | -0.27 | -0.28 | 0.24 | 0.27 | 0.19 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 6.36 | 6.25 | 5.15 | 2.40 | 3.10 | 2.77 |
| Solvency ratios | Sector median | 2020 | 2019 | 2018 | 2017 | 2015 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 12% | 8% | 10% | 13% | 16% | 15% |
Debt ratio Debt ratio = Debt / Total assets | 2% | 8% | 11% | 12% | 13% | 9% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 117% | 420% | 398% | 419% | 374% | 111% |
Financials
| Balance sheet | |||||
| Assets | 2020 | 2019 | 2018 | 2017 | 2015 |
| Cash | $1,069,581 | $796,250 | $463,662 | $447,477 | $601,004 |
| Receivables, inventories, prepaids | $127,125 | $93,914 | $190,140 | $360,956 | $34,180 |
| Short-term investments | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $1,196,706 | $890,164 | $653,802 | $808,433 | $635,184 |
| Long-term investments | $1,476,279 | $1,719,922 | $2,059,416 | $101,474 | $44,108 |
| Fixed assets | $8,990,161 | $8,124,654 | $8,622,744 | $8,744,786 | $1,893,567 |
| Other long-term assets | $1,663,456 | $995,326 | $657,466 | $497,908 | $338,425 |
| Total long-term assets | $12,129,896 | $10,839,902 | $11,339,626 | $9,344,168 | $2,276,100 |
| Total assets | $13,326,602 | $11,730,066 | $11,993,428 | $10,152,601 | $2,911,284 |
| Liabilities | 2020 | 2019 | 2018 | 2017 | 2015 |
| Payables and accrued expenses | ($320,240) | ($252,622) | $156,855 | $219,860 | $121,307 |
| Other current liabilities | $0 | $0 | $0 | $0 | $0 |
| Total current liabilities | ($320,240) | ($252,622) | $156,855 | $219,860 | $121,307 |
| Debt | $1,102,583 | $1,332,608 | $1,385,809 | $1,326,825 | $270,729 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $311,345 | $60,050 | $52,384 | $94,358 | $58,611 |
| Total long-term liabilities | $1,413,928 | $1,392,658 | $1,438,193 | $1,421,183 | $329,340 |
| Total liabilities | $1,093,688 | $1,140,036 | $1,595,048 | $1,641,043 | $450,647 |
| Net assets | 2020 | 2019 | 2018 | 2017 | 2015 |
| Without donor restrictions | $7,627,131 | $5,654,965 | $5,378,146 | $2,870,727 | $2,173,847 |
| With donor restrictions | $4,605,783 | $4,935,065 | $5,020,234 | $5,640,831 | $286,790 |
| Net assets | $12,232,914 | $10,590,030 | $10,398,380 | $8,511,558 | $2,460,637 |
| Revenues and expenses | |||||
| Revenue | 2020 | 2019 | 2018 | 2017 | 2015 |
| Total contributions | $3,241,941 | $1,871,759 | $2,911,714 | $2,212,863 | $2,481,043 |
| Program service revenue | $651,364 | $616,008 | $1,300,593 | $157,085 | $386,649 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $18,942 | $92,206 | $44,905 | ($78,746) | ($5,750) |
| Other revenue | $204,390 | $232,202 | $109,914 | $118,764 | $0 |
| Total other revenue | $874,696 | $940,416 | $1,455,412 | $197,103 | $380,899 |
| Total revenue | $4,116,637 | $2,812,175 | $4,367,126 | $2,409,966 | $2,861,942 |
| Expenses | 2020 | 2019 | 2018 | 2017 | 2015 |
| Program services | $2,681,166 | $2,352,035 | $2,227,884 | $2,008,011 | $2,060,167 |
| Management and general | $225,523 | $283,942 | $229,044 | $220,747 | $163,028 |
| Fundraising | $4,611 | $27,447 | $23,376 | $49,628 | $0 |
| Total expenses | $2,911,300 | $2,663,424 | $2,480,304 | $2,278,386 | $2,223,195 |
| Change in net assets | 2020 | 2019 | 2018 | 2017 | 2015 |
| Surplus (deficit) | $1,205,337 | $148,751 | $1,886,822 | $131,580 | $638,747 |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | $1,205,337 | $148,751 | $1,886,822 | $131,580 | $638,747 |
Compensation
| Name | Title | Compensation |
| Fikre Prince | Executive Director | $71,913 |
| Sarah Johnson | Finance Director | $30,000 |
| Lisa Johanon | Executive Director | $7,800 |
Compensation data as of: 12/31/2020
Response from ministry
No response has been provided by this ministry.
The information below was provided to MinistryWatch by the ministry itself. It was last updated 9/19/2022. To update the information below, please email: [email protected]
History
About the Founder: Lisa is the Founder, and former Executive Director of Central Detroit Christian Community Development Corporation (CDC), a non-profit organization that she co-founded with Melvin Green in 1993. Central Detroit Christian CDC follows the tenets of the Christian Community Development Association (CCDA), relocate, reconcile, and redistribute. Lisa believes deep in her heart that the only way to serve a neighborhood is to live there and be a neighbor.
Detroit has been a racially and economically divided city for decades. Healing this divide takes time, presence, mutual trust, love and prayer. Redistribution of resources to remediate the resource and economic gap is a natural extension of the blessings we have received.
Central Detroit Christian CDC has aggregated resources from partner churches, our supporters, and foundations to help our neighbors get into affordable homes, learn new skills to get a job, get a house painted, and provide assistance during a crisis. Sometimes this means taking calls in the middle of the night to pray for and console a family that lost a loved one. Sometimes this means lending a helping hand during a time of need. Relocation, reconciliation and redistribution work together in Central Detroit to create peace (Shalom). Lisa, and her staff, strive towards the same goal, Shalom in the neighborhood and to hear Christ say, "Well done good and faithful servant!"
Lisa is a graduate of Moody Bible Institute and Wheaton College with a major in Education and Bible and a graduate of John Marshall Law School. Lisa's husband Dan is active in several ministries, including The Urban Ministry Institute, TUMI, and Bring Our Men Back, BOMB Squad and Kingsmen, while holding down a job as an electrician. They have two children, Justin and Emma and many non-biological children. They live where they serve in central Detroit.
Program accomplishments
Needs
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