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Perfecting Holdings

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 260338846 ✦ Detroit, MI ✦ Designated as a 501(c)(2)

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Overview

What is Perfecting Holdings?

Perfecting Holdings is a nonprofit organization situated in Detroit, Michigan. Its primary purpose is to acquire and manage an educational institution, transforming a facility previously utilized as a faith-based Christian academy. The organization's mission encompasses not only managing the academy but also undertaking renovations to ensure the building serves its educational purpose effectively.

Is Perfecting Holdings legitimate?

Perfecting Holdings is a legitimate nonprofit organization registered as a 501(c)(2) entity. Perfecting Holdings submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Perfecting Holdings?

Perfecting Holdings is committed to managing an academy with a mission to revitalize and oversee a building previously utilized as a faith-based Christian educational institution. Their objective is to enhance the facility, providing a conducive learning environment. The organization's role within the academy aims to uphold and support the educational values of the Christian faith. This mission underscores their dedication to contributing to the community by offering quality educational opportunities.

Who is the CEO of Perfecting Holdings?

Pastor Marvin Winans is the President of Perfecting Holdings.

What is the revenue of Perfecting Holdings?

Perfecting Holdings's revenue in 2022 was $213,166.

Who are the executives of Perfecting Holdings and what are their salaries?

There 7 volunteers at Perfecting Holdings.


Here are 6 key members and their salaries:


Marvin Winans (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Margodi Heron (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marilyn Byrd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melvin Acuff (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pamela Mael (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Clarence Ewing (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Perfecting Holdings?

Perfecting Holdings's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Perfecting Holdings

Perfecting Holdings, a notable organization, is dedicated to the ownership and management of an academy. Their primary mission involves renovating and overseeing a building that previously served as a faith-based Christian academy. The goal is to transform this educational space and ensure its smooth operation, thereby providing a conducive learning environment.

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Impact




October, 2024

Perfecting Holdings plays a significant role in community improvement by owning and managing a faith-based Christian academy in Detroit, MI. This initiative focuses on remodeling and maintaining a dedicated space for educational activities that uphold Christian values.

By transforming an existing building into a functional learning environment, Perfecting Holdings contributes to the educational development of local youth while fostering a sense of community. The academy not only supports academic growth but also encourages moral and spiritual development, aligning with the organization's mission to instill faith-based principles.

The presence of this academy enhances access to education in the area, potentially leading to improved educational outcomes for students and greater community engagement. By focusing on community-oriented educational initiatives, Perfecting Holdings helps nurture a supportive environment where children can thrive academically and spiritually.




This information is meant to be a general summary of Perfecting Holdings. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$213,166 (2022)
Expenses
$704,335 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $917,500

Assets and Liabilities:

  • Total Assets: $3,191,767
  • Total Liabilities: $1,626,558
  • Net Assets: $1,565,209

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Organization Details

Founding Year

2007

Principal Officer

Pastor Marvin Winans

Main Address

7616 E NEVADA ST, Detroit, MI, 482343284

NTEE Category

Code: S47 - Community improvement

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