philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Nso Properties FY2024 filing

Not tax-deductible

Detroit, MIMutual-benefit / member-servingSince 2002Community Development EIN 30-0190264Revenue $1.6M in FY2024

On file with the IRSnso-mi.org882 Oakman Blvd Ste C, 48238-4019 · Detroit, MITax-exempt since Mar 2004

Claim this org

(tell your story, add context, and more)

What claiming does How does your 990 look to donors? Take the 10-Question Audit

To hold title to the assets of neighborhood service organization, a 501(c)(3) tax-exempt organization in the state of michigan

Mission: Form 990 Part I, line 1

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 6
filings with a surplus
Average deficit $267K a year · 17% of revenue · last 6 filings
Concern: a surplus in 2 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Cash reserves
1 mo
of spending, in cash
Fine: 1.3 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$12.1M
59% of total assets
Fine: liabilities are 59% of assets; 50% to 65%.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.6M
-2% vs prior year
Spent
$2.5M
Net assets
$8.5M
By yearFY2020–FY2025
Revenue
$1.6M
FY2024▼ -2%
Tap a bar for its year
Revenue by fiscal year
FY2020$939K
FY2021$2.5M
FY2022$900K
FY2023$1.7M
FY2024$1.6M
FY2025$1.8M
Expenses
$2.5M
FY2024▲ +33%
Tap a bar for its year
Expenses by fiscal year
FY2020$696K
FY2021$2.3M
FY2022$974K
FY2023$1.9M
FY2024$2.5M
FY2025$2.6M
Net assets
$8.5M
FY2024▼ -9%
Tap a bar for its year
Net assets by fiscal year
FY2020$9.6M
FY2021$9.7M
FY2022$9.6M
FY2023$9.4M
FY2024$8.5M
FY2025$7.7M

From the FY2024 Form 990 (year ending September 2024) · figures checked against the IRS filing · see the original

Give Claim
You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Mar 2004.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

6 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
$0Pt VII · Sec A
$0Pt VII · Sec A
Thomas Tuskey
Secretary
$0Pt VII · Sec A
Hakim Berry
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Linda Little
President and C.e.o.
$0Pt VII · Sec A
See Nso Properties executive salaries →

On this list? Claim this org

Something off? Claim to add context

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Holds title to assets for a Michigan neighborhood service organization.

Questions for Nso Properties

Tap to ask. Nso Properties sees how many people are interested.

Your first name shows with your question. Nso Properties answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · in their own filed words · FY2023
01

Nso properties leases residential land and commercial building to neighborhood service organization and other organizations. The net income derived from these activities is available for distribution to neighborhood service organization to support its programs and services.

Pt IX · col B

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 1 grant · $1.5M · 2020–2020
Neighborhood Service OrganizationMI · FY2020$1,500,000

By the numbers

The FY2024 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$1.6M
Ln 12
Fees for servicesLn 2g$1.3M
Other incomeLn 4–11$196K
Investment incomeLn 3$89K
Money outPt IX
$2.5M
Ln 25
Owns and owesPt X
$8.5M
net assets · Ln 32
Cash and savingsLn 1–2$279K
Total assetsLn 16$20.6M
LiabilitiesLn 26$12.1M
PeoplePt VI, VII
6
listed · VII A
PaidVII A0
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$1.3M
Investment incomeLn 3$89K
Other incomeLn 4–11$196K
Gains on assetsLn 7$89K
Total revenueLn 12$1.6M
Assets in detailPt X, end of year
CashLn 1$279K
Cash and savings togetherLn 1–2$279K
Land, buildings, equipmentLn 10c$18.5M
Other assetsLn 15$1.8M
Total assetsLn 16$20.6M
LiabilitiesLn 26$12.1M
Net assetsLn 32$8.5M
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderSeptember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$439K$279K
Land, buildings, equipmentLn 10c$19.2M$18.5M
Total assetsLn 16$20.6M$20.6M
LiabilitiesLn 26$11.3M$12.1M
Net assetsLn 32$9.4M$8.5M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$84K
Other employee benefitsLn 9$10K
Payroll taxesLn 10$6K
Legal feesLn 11b$1K
Other fees for servicesLn 11g$815K
Office expensesLn 13$53K
Information technologyLn 14$3K
OccupancyLn 16$754K
TravelLn 17$1K
Conferences, conventions and meetingsLn 19$100
InterestLn 20$5K
Depreciation, depletion and amortizationLn 22$744K
Other expenses (24a–d)Ln 24$21K
All other expensesLn 24e$15K
Total functional expensesLn 25$2.5M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $1.8M$2.6M−$781K$7.7M 990 PDF
FY2024 Viewing $1.6M$2.5M−$890K$8.5M 990 PDF
FY2023 $1.7M$1.9M−$242K$9.4M 990 PDF
FY2022 $900K$974K−$74K$9.6M 990 PDF
FY2021 $2.5M$2.3M$139K$9.7M 990 PDF
FY2020 $939K$696K$244K$9.6M 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $1,622,121 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $1,333,252$1,337,021
I-10 Investment incomePrior year $287,606$89,155
I-11 Other revenuePrior year $31,183$195,945
I-12 Total revenuePrior year $1,652,041$1,622,121
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $56,292$100,006
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $1,837,618$2,412,053
I-18 Total expensesPrior year $1,893,910$2,512,059
I-19 Revenue less expensesPrior year −$241,869−$889,938
Part VI · Governance 5 of 5 board members independent, 1 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members5
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $1,622,121 across 3 lines filed
Lines not itemized here account for $195,945 of total revenue; see the IRS return.
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,337,021$1,337,021
VIII-7 Net gain or loss on sales of assetsExcluded from tax $89,155$89,155
VIII-12 Total revenueRelated to mission $1,532,966 · Unrelated business $0 · Excluded from tax $89,155$1,622,121
Part IX · Statement of functional expenses $2,512,059 across 14 lines filed
IX-7 Other salaries and wages$83,811
IX-9 Other employee benefits$9,962
IX-10 Payroll taxes$6,233
IX-11b Legal fees$1,472
IX-11g Other fees for services$814,821
IX-13 Office expenses$53,110
IX-14 Information technology$2,778
IX-16 Occupancy$753,825
IX-17 Travel$1,124
IX-19 Conferences, conventions and meetings$100
IX-20 Interest$4,930
IX-22 Depreciation, depletion and amortization$744,174
IX-24 Other expenses (24a–d)$21,081
IX-24e All other expenses$14,638
IX-25 Total functional expenses$2,512,059
Part X · Balance sheet $20,560,611 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $438,803$279,357
X-4 Accounts receivableStart of year $748$34,055
X-10c Land, buildings and equipment, netStart of year $19,210,417$18,465,235
X-15 Other assetsStart of year $997,858$1,781,964
X-16 Total assetsStart of year $20,647,826$20,560,611
X-17 Accounts payable and accrued expensesStart of year $11,138,986$254,455
X-25 Other liabilitiesStart of year $0$11,702,206
X-26 Total liabilitiesStart of year $11,250,978$12,053,701
X-27 Net assets without donor restrictionsStart of year $9,396,848$8,506,910
X-32 Total net assets or fund balancesStart of year $9,396,848$8,506,910
X-33 Total liabilities and net assetsStart of year $20,647,826$20,560,611
Part XI · Reconciliation of net assets $8,506,910 net assets at year end
XI-1 Total revenue$1,622,121
XI-2 Total expenses$2,512,059
XI-3 Revenue less expenses−$889,938
XI-4 Net assets at start of year$9,396,848
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$8,506,910

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.